For sale

$1,450,000

60 Park St, Traverse City, MI 49685

3beds

1,700sqft

$8,986/mo

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Single Family Residence

Built in 1954

0.54 Acres Lot

$1,352,200 Zestimate^®

$853/sqft

$-- HOA

What's special

Charming mid-century modern ranchThree bedrooms

Imagine finally living everyday on the waterfront they way you always wanted it when you design and personalize here at 60 Park St, just minutes from downtown Traverse City, dreams can come true! This charming mid-century modern ranch features 80 feet of private frontage on all-sports Silver Lake, making it an ideal spot for water enthusiasts or those seeking serenity and privacy. Set on two large spacious lots, this expandable home includes three bedrooms, one bathroom, and a walk-out basement offering an inviting atmosphere that is short term rental friendly. This Northern Michigan property checks all the boxes for friends, family, fishing and boating. Enjoy sunsets by the water or explore nearby trails and local attractions in surrounding neighboring community. This is a rare opportunity to own a legacy property on Silver Lake. Schedule your showing today to explore the potential this home has to offer.

57 days

812

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Rooms

Room types: Dining Room

Primary bedroom

Level: Main
Area: 168
Dimensions: 12 x 14

Bedroom 2

Level: Main
Area: 178.25
Dimensions: 15.5 x 11.5

Bedroom 3

Level: Main
Area: 238
Dimensions: 14 x 17

Primary bathroom

Features: Shared

Dining room

Level: Main
Area: 120.75
Dimensions: 11.5 x 10.5

Kitchen

Level: Main
Area: 125
Dimensions: 12.5 x 10

Living room

Level: Main
Area: 312
Dimensions: 13 x 24

Heating

Forced Air, Natural Gas, Fireplace(s)

Cooling

Central Air

Appliances

Included: Refrigerator, Oven/Range, Washer, Dryer, Electric Water Heater
Laundry: Lower Level

Features

Bookcases, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet
Flooring: Carpet, Concrete, Other
Windows: Blinds
Basement: Walk-Out Access,Michigan Basement,Exterior Entry,Interior Entry
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 1,700
Total interior livable area: 1,700 sqft
Finished area above ground: 1,700
Finished area below ground: 0

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: Attached, Carport, Other, Concrete
Garage spaces: 1
Has carport: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Sidewalk, Rain Gutters
Has view: Yes
View description: Water
Water view: Water
Waterfront features: Inland Lake, All Sports, Sandy Bottom, Bluff (less than 10ft), Vegetation to Water Edge, Lake, Sandy Shoreline
Body of water: Silver Lake
Frontage type: Waterfront
Frontage length: 80

Lot

Size: 0.54 Acres
Dimensions: 221 x 80 x 222 x 130
Features: Wooded-Hardwoods, Evergreens, Sloped, Landscaped, Subdivided

Details

Additional structures: None
Parcel number: 0267001000
Zoning description: Residential
Other equipment: TV Antenna

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame, Stone, Cement Siding
Foundation: Block
Roof: Asphalt

Condition

New construction: No
Year built: 1954

Utilities & green energy

Sewer: Private Sewer
Water: Private

Green energy

Energy efficient items: Appliances, Other

Community & HOA

Community

Features: None
Security: Smoke Detector(s)
Subdivision: 4500 silver lake

HOA

Services included: None

Location

Region: Traverse City

Financial & listing details

Price per square foot: $853/sqft
Tax assessed value: $148,080
Annual tax amount: $3,891
Price range: $1.5M - $1.5M
Date on market: 6/25/2026
Cumulative days on market: 58 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

$1,352,200

$1.28M - $1.42M

$2,222/mo

Price history

Date	Event	Price
6/25/2026	Listed for sale	$1,450,000$853/sqft
Source: NGLRMLS #1947120 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,891 +3.7%	$372,500 +22.3%
2024	$3,751 +4.9%	$304,700 +11.8%
2023	$3,575 +8.6%	$272,600 +13.3%
2022	$3,291 -1.3%	$240,600 +4.9%
2021	$3,334 -1.4%	$229,400 +6.1%
2020	$3,380	$216,300 +0.7%
2019	$3,380 +5%	$214,700 -1.8%
2018	$3,220	$218,700 +6.5%
2017	--	$205,400 +9.8%
2016	--	$187,100 +0.9%
2014	--	$185,400 +16.2%
2012	--	$159,512 -1%
2011	--	$161,198 -9.2%
2010	--	$177,623 +1.7%
2009	--	$174,695 -20.7%
2008	--	$220,310 +15.3%
2007	--	$191,152 +21.8%
2005	--	$156,927 +1.3%
2004	--	$154,839 +15.7%
2003	--	$133,795 +3.8%
2002	--	$128,924 +15.6%
2001	--	$111,526 +4.9%
2000	--	$106,299