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Sold for $760,000
  • $760,000

    723 Arbutus Trl, Traverse City, MI 49696

    3beds
    2,800sqft
    Single Family Residence
    Built in 1972
    1.49 Acres Lot
    $784,500 Zestimate®
    $271/sqft
    $3,802 Estimated rent

    Home value

    $784,500

    $706,000 - $879,000

    $3,802/mo

    Zestimate® history
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    What's special

    Two-sided gas fireplaceIsland kitchenDedicated denFinished lower levelLuxurious bathOutdoor seating areasLake front views
    140 feet private frontage on Lake George. Pride of ownership shines throughout this well maintained Lake Front home. Welcoming entry leads to open main flooring living that takes full advantage of lake front views. Bright and open island kitchen with stainless appliances, gas stove and granite counter tops. Hardwood flooring flows into dining area with access to spacious multi-level deck, great for entertaining or relaxation. Living room with two-sided gas fireplace and dedicated den. Main floor primary bedroom with walk-in closet and luxurious bath including in floor Jacuzzi tub. Additional main floor bedroom and bath. Walk-out finished lower level features family room with wet bar, bath, workshop and Third Non-conforming lower bedroom is used for office. Attached 2 car garage off of front entry. Lush landscaping and multiple outdoor seating areas, landings are ideal for spending the day enjoying the lake with storage shed located on the shoreline and Additional secondary full 2 car garage conveniently located at end of driveway great for storing all your toys. Lake George is a private lake great for swimming, fishing, kayaking and many other water activities. Home is ideally situated close to many other lakes and boat launches as well as a short drive to Traverse City.

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Schaub Cell:231-642-0342,

    REO-TCRandolph-233022 231-946-4040

    Bought with:

    Linda Schaub, 6501290614

    REO-TCRandolph-233022

    Source: NGLRMLS,MLS#: 1930660MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Workshop
    Primary bedroom
    • Level: Main
    • Area: 236.02
    • Dimensions: 18.1 x 13.04
    Bedroom 2
    • Level: Main
    • Area: 122.77
    • Dimensions: 11.11 x 11.05
    Bedroom 3
    • Level: Lower
    • Area: 110.99
    • Dimensions: 11 x 10.09
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Area: 121.99
    • Dimensions: 11.06 x 11.03
    Family room
    • Level: Lower
    • Area: 772.45
    • Dimensions: 35 x 22.07
    Kitchen
    • Level: Main
    • Area: 155.08
    • Dimensions: 14.06 x 11.03
    Living room
    • Level: Main
    • Area: 231.63
    • Dimensions: 21 x 11.03
    Heating
    • Forced Air, Natural Gas, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer
    • Laundry: Lower Level
    Features
    • Entrance Foyer, Walk-In Closet(s), Wet Bar, Granite Bath Tops, Granite Counters, Kitchen Island, Den/Study, Vaulted Ceiling(s), Ceiling Fan(s), Cable TV, High Speed Internet
    • Flooring: Wood, Carpet, Vinyl
    • Windows: Skylight(s)
    • Basement: Full,Walk-Out Access,Crawl Space,Daylight,Finished Rooms
    • Has fireplace: Yes
    • Fireplace features: Gas, Wood Burning, Stove
    Interior area
    • Total structure area: 2,800
    • Total interior livable area: 2,800 sqft
    • Finished area above ground: 1,640
    • Finished area below ground: 1,160

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Paved, Concrete Floors, Asphalt, Private
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Multi-Level Decking, Porch
    • Exterior features: Sprinkler System
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: Countryside View, Water
    • Water view: Water
    • Waterfront features: Inland Lake, Sandy Bottom, Bluff (greater than 10ft), Private Lake
    • Body of water: Lake George
    • Frontage type: Waterfront
    • Frontage length: 140
    Lot
    • Size: 1.49 Acres
    • Dimensions: 140 x 404 x 255 x 235
    • Features: Level, Sloped, Landscaped, Subdivided
    Details
    • Additional structures: Shed(s), Second Garage
    • Parcel number: 0363025400
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1972
    • Major remodel year: 2019

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: Pets Allowed
    • Subdivision: Pinewood Shores 2nd Add
    HOA
    • Services included: None
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $726,600
    • Annual tax amount: $3,388
    • Price range: $760K - $760K
    • Date on market: 2/5/2025
    • Cumulative days on market: 76 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/22/2025Sold$760,000-4.9%$271/sqft
    Source: NGLRMLS #1930660 Report a problem
    2/5/2025Listed for sale$799,000$285/sqft
    Source: NGLRMLS #1930660 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,388 +6.2%$363,300 +11.9%
    2024$3,190 +5%$324,600 +30.6%
    2023$3,038 +3.6%$248,500 +13.2%
    2022$2,933 +1.8%$219,500 +6.2%
    2021$2,881 -0.5%$206,600 +10%
    2020$2,895 $187,900 +1.7%
    2019$2,895 +2.5%$184,700 +2.5%
    2018$2,826 $180,200 +0.3%
    2017-- $179,700 +4.3%
    2016-- $172,300 +18.4%
    2014-- $145,500 +0.3%
    2012-- $145,090 -3.2%
    2011-- $149,940 -6.1%
    2010-- $159,650 -0.2%
    2009-- $160,000 +12.4%
    2008-- $142,380 -2.3%
    2007-- $145,800 +3.6%
    2005-- $140,700 +2%
    2004-- $137,900 +16.9%
    2003-- $118,000 +17.6%
    2002-- $100,300 -3.3%
    2001-- $103,700 +11.3%
    2000-- $93,200
    Find assessor info on the county website

    Neighborhood: 49696

    Nearby schools

    GreatSchools rating
    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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    $784,500
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