Welcome to your very own slice of paradise on Spider Lake! This cozy cabin is nestled on a peaceful .55 acre lot with 60 ft of private frontage on one of Traverse City's most desirable lakes. Step inside to find the main living area is perfect for relaxing and entertaining with plenty of natural light. It is ready for you to make it your own! This property has plenty of room for expansion to add on to your living space, add a garage, decking, etc. With Traverse City just a short drive away, you'll enjoy all the benefits of a thriving community with endless shopping, dining and entertainment options. Don't miss this incredible opportunity to own a piece of paradise on Spider Lake. Schedule your showing today and start living the lake life in Northern Michigan.
Sold for $295,000
$295,000
545 Peninsula Trl, Traverse City, MI 49696
2beds
842sqft
Single Family Residence
Built in 1950
0.55 Acres Lot
$501,300 Zestimate®
$350/sqft
$1,974 Estimated rent
Home value
$501,300
$441,000 - $576,000
$1,974/mo
Zestimate® history
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$1,748/mo
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Zillow last checked:
Listing updated:
Listed by:
Robin Fortino Cell:248-722-4751,
REO - Elk Rapids-101308 231-264-6604
Bought with:
Kenneth Weaver, 6501310917
Berkshire Hathaway Homeservices - TC
Source: NGLRMLS,MLS#: 1910494
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Area: 116
- Dimensions: 10 x 11.6
Bedroom 2
- Area: 98.56
- Dimensions: 12.8 x 7.7
Primary bathroom
- Features: Shared
Dining room
- Area: 95.94
- Dimensions: 11.7 x 8.2
Kitchen
- Area: 75.6
- Dimensions: 9 x 8.4
Living room
- Area: 288.8
- Dimensions: 19 x 15.2
Heating
- Wall Furnace, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range
- Laundry: None
Features
- Mud Room, High Speed Internet
- Flooring: Laminate, Carpet
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 842
- Total interior livable area: 842 sqft
- Finished area above ground: 842
- Finished area below ground: 0
Property
Parking
- Parking features: None, Dirt, Shared Driveway
Accessibility
- Accessibility features: None
Features
- Exterior features: None
- Waterfront features: Inland Lake, All Sports, Sandy Bottom
- Body of water: Spider Lake
- Frontage type: Waterfront
- Frontage length: 60
Lot
- Size: 0.55 Acres
- Dimensions: 50 x 436
- Features: Wooded, Sloped, Subdivided
Details
- Additional structures: Shed(s)
- Parcel number: 0362012200
- Zoning description: Unknown
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Community
- Community features: None
Location
- Region: Traverse City
- Subdivision: Pinewood Shores
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Price range: $295K - $295K
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2023 | Sold | $295,000-6.6%$350/sqft |
Source:  NGLRMLS #1910494 Report a problem | ||
| 6/27/2023 | Price change | $316,000-3.4%$375/sqft |
Source: NGLRMLS #1910494 Report a problem | ||
| 5/26/2023 | Price change | $327,000-3.5%$388/sqft |
Source: NGLRMLS #1910494 Report a problem | ||
| 5/1/2023 | Listed for sale | $339,000+157.5%$403/sqft |
Source: NGLRMLS #1910494 Report a problem | ||
| 8/31/2001 | Sold | $131,660$156/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,721 -15.3% | $324,800 +292.3% |
| 2024 | $4,392 +75.9% | $82,800 -37.8% |
| 2023 | $2,496 +3.6% | $133,100 +20.2% |
| 2022 | $2,410 +1.8% | $110,700 -0.4% |
| 2021 | $2,367 -0.5% | $111,100 +6.4% |
| 2020 | $2,379 | $104,400 +4% |
| 2019 | $2,379 +2.5% | $100,400 +2.8% |
| 2018 | $2,322 | $97,700 +0.7% |
| 2017 | -- | $97,000 +2.2% |
| 2016 | -- | $94,900 +11.8% |
| 2014 | -- | $84,900 +2% |
| 2012 | -- | $83,220 -1% |
| 2011 | -- | $84,050 -2.8% |
| 2010 | -- | $86,450 +0.2% |
| 2009 | -- | $86,250 -3.2% |
| 2008 | -- | $89,130 +1.2% |
| 2007 | -- | $88,100 -0.9% |
| 2005 | -- | $88,900 +21.6% |
| 2004 | -- | $73,100 +7.3% |
| 2003 | -- | $68,100 +9.5% |
| 2002 | -- | $62,200 +25.2% |
| 2001 | -- | $49,700 +15.6% |
| 2000 | -- | $43,000 |
Find assessor info on the county website
Neighborhood: 49696
Nearby schools
GreatSchools rating
- 7/10Courtade Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 3.6 mi
- 7/10Central High SchoolGrades: 8-12Distance: 7.7 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Grand Traverse County
- Traverse City
- 49696
- 545 Peninsula Trl
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