Stunning Green Lake waterfront. This exceptional lakefront property, extensively renovated between 2022–2024, offers breathtaking sunset views and 75’ of private sandy beach—perfect for enjoying Northern Michigan summers. Expansive outdoor living spaces provide multiple areas for entertaining, all set against the beautiful backdrop of Green Lake. Inside, the home showcases a complete top-to-bottom remodel with showroom-quality finishes and a sophisticated neutral palette that creates a bright, modern feel throughout. The centerpiece of the home is a chef’s dream kitchen featuring a dramatic island with premium quartz countertops and matching backsplash, paired with high-end Thermador appliances. Nearly every room captures stunning water views, creating a seamless connection between indoor living and the surrounding waterfront setting. The luxurious primary suite offers a spacious walk-in closet, private sitting area with balcony access, and a spa-inspired en suite bath with a deep soaking tub and indulgent steam shower. The fully finished walkout lower level functions beautifully as an in-law or guest suite, complete with its own kitchenette, laundry, and private entrance. Located in the highly sought-after Penn Lock Colony neighborhood, the property enjoys convenient access to Interlochen Center for the Arts just across the lake, the Village of Interlochen, Crystal Mountain Resort, and is only a short drive to downtown Traverse City. Click on virtual tour link for an incredibly realistic view of the interior.
For sale
$2,997,500
5568 Lakeview Dr, Interlochen, MI 49643
4beds
4,825sqft
Single Family Residence
Built in 1995
0.3 Acres Lot
$2,741,600 Zestimate®
$621/sqft
$33/mo HOA
What's special
- 123 days |
- 975 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Mark Hagan Cell:231-929-7985,
Coldwell Banker Schmidt Traverse City 231-922-2350
Source: NGLRMLS,MLS#: 1942785
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 1
- 3/4 bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Great Room, Exercise Room, Game Room
Primary bedroom
- Level: Lower
- Area: 378
- Dimensions: 21 x 18
Bedroom 2
- Level: Upper
- Area: 333.5
- Dimensions: 23 x 14.5
Bedroom 3
- Level: Upper
- Area: 218.75
- Dimensions: 17.5 x 12.5
Bedroom 4
- Level: Upper
- Area: 137.5
- Dimensions: 12.5 x 11
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Length: 38
Family room
- Level: Lower
- Area: 1036
- Dimensions: 37 x 28
Kitchen
- Level: Main
- Width: 20
Living room
- Level: Main
- Area: 450
- Dimensions: 25 x 18
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Cooktop, Exhaust Fan, Gas Water Heater, Instant Hot Water
- Laundry: Main Level
Features
- Entrance Foyer, Walk-In Closet(s), Wet Bar, Solid Surface Counters, Kitchen Island, Den/Study, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, DSL, WiFi, In-Law Floorplan
- Flooring: Tile, Wood, Carpet
- Windows: Bay Window(s), Blinds, Drapes
- Basement: Full,Walk-Out Access,Finished
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 4,825
- Total interior livable area: 4,825 sqft
- Finished area above ground: 3,625
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Paved, Concrete Floors, Concrete, Private
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Main Floor Access
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Multi-Level Decking, Covered, Porch
- Exterior features: Sprinkler System, Balcony, Dock
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: Inland Lake, All Sports, Soft Bottom, Sandy Bottom, Bluff (greater than 10ft), Lake, Sandy Shoreline
- Body of water: Green Lake
- Frontage type: Waterfront
- Frontage length: 75
Lot
- Size: 0.3 Acres
- Dimensions: 75 x 159
- Features: Cleared, Wooded, Level, Rolling Slope, Bluff, Landscaped, Subdivided
Details
- Additional structures: Shed(s), Second Garage
- Parcel number: 0750000550
- Zoning description: Residential,Deed Restrictions,Building-Use Restrictions
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Brick, Frame, Cement Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: Lake Privileges
- Subdivision: Penn Lock Colony
HOA
- Services included: Snow Removal
- HOA fee: $400 annually
Location
- Region: Interlochen
Financial & listing details
- Price per square foot: $621/sqft
- Tax assessed value: $499,055
- Annual tax amount: $21,527
- Price range: $3M - $3M
- Date on market: 3/7/2026
- Cumulative days on market: 124 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Gravel
Estimated market value
$2,741,600
$2.60M - $2.88M
$5,283/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Price change | $2,997,500-7.8%$621/sqft |
Source:  NGLRMLS #1931543 Report a problem | ||
| 7/25/2025 | Price change | $3,250,000-7.1%$674/sqft |
Source: NGLRMLS #1931543 Report a problem | ||
| 4/30/2025 | Price change | $3,500,000-6.7%$725/sqft |
Source: NGLRMLS #1931543 Report a problem | ||
| 3/18/2025 | Listed for sale | $3,750,000+290.6%$777/sqft |
Source: NGLRMLS #1931543 Report a problem | ||
| 11/3/2023 | Listing removed | -- |
Source: NGLRMLS #1892228 Report a problem | ||
| 11/2/2021 | Sold | $960,000-3.5%$199/sqft |
Source: NGLRMLS #1892228 Report a problem | ||
| 10/13/2021 | Pending sale | $995,000$206/sqft |
Source: NGLRMLS #1892228 Report a problem | ||
| 10/3/2021 | Contingent | $995,000$206/sqft |
Source: NGLRMLS #1892228 Report a problem | ||
| 9/26/2021 | Price change | $995,000-9.5%$206/sqft |
Source: NGLRMLS #1892228 Report a problem | ||
| 8/26/2021 | Listed for sale | $1,100,000+1813%$228/sqft |
Source: NGLRMLS #1892228 Report a problem | ||
| 7/1/1993 | Sold | $57,500$12/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,527 +7% | $700,300 +23.8% |
| 2024 | $20,111 -0.9% | $565,500 +24.8% |
| 2023 | $20,284 +168.5% | $453,000 -0.9% |
| 2022 | $7,555 +0.7% | $456,900 +14.6% |
| 2021 | $7,503 +1.7% | $398,700 +4.1% |
| 2020 | $7,378 | $383,000 +4.7% |
| 2019 | $7,378 +1.9% | $365,700 +4.6% |
| 2018 | $7,241 +16.2% | $349,500 -2.6% |
| 2017 | $6,228 | $358,900 +2.2% |
| 2016 | $6,228 | $351,300 +14.6% |
| 2014 | -- | $306,500 +1.5% |
| 2012 | -- | $301,860 -1.9% |
| 2011 | -- | $307,570 -11.2% |
| 2010 | -- | $346,360 -0.1% |
| 2009 | -- | $346,640 -1.1% |
| 2008 | -- | $350,340 +0.4% |
| 2007 | -- | $348,790 +10.4% |
| 2005 | -- | $315,920 +2.5% |
| 2004 | -- | $308,250 +21.8% |
| 2003 | -- | $253,110 +4.9% |
| 2002 | -- | $241,380 +5.7% |
| 2001 | -- | $228,470 +10.3% |
| 2000 | -- | $207,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 49643
Nearby schools
GreatSchools rating
- 8/10Westwoods Elementary SchoolGrades: PK-5Distance: 6.8 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 11 mi
- 8/10West Senior HighGrades: 9-12Distance: 10.4 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
- Interlochen
- 49643
- 5568 Lakeview Dr
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