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Sold for $1,195,000
    • $1,195,000

    7878 Outer Dr S, Traverse City, MI 49685

    5beds
    3,295sqft
    Single Family Residence
    Built in 1990
    1.38 Acres Lot
    $1,237,600 Zestimate®
    $363/sqft
    $4,125 Estimated rent

    Home value

    $1,237,600

    $1.10M - $1.39M

    $4,125/mo

    Zestimate® history
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    What's special

    Waterfront living on Long Lake, one of TC’s premier lakes. Private oasis on this beautifully landscaped lot in “Fannings Cove” which offers protective boat mooring. Custom designed elegant home w/ an exceptional layout & plenty of storage. The living rm features a massive stone f/p & tv nook, nearly 2 full walls of waterfront windows & soaring ceilings. Living rm flows into a “conversation” library rm w/ built in bookcases & another f/p, which then flows into the dining rm & kitchen. Many large windows offer natural light along w/ stunning lake & yard views. Primary has walk-through closet, deck & lake view. Community park w/ playground, picnic area, volleyball, private boat launch, swim area on cove.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marsha Minervini 231-883-4500,

    REMAX Bayshore - Union St TC 231-941-4500

    Bought with:

    Laurie Bouwman, 6504282629

    Bouwman Realty Group

    Source: NGLRMLS,MLS#: 1927990MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Great Room, Exercise Room
    Primary bedroom
    • Level: Main
    • Area: 271.29
    • Dimensions: 18.05 x 15.03
    Bedroom 2
    • Level: Main
    • Area: 122.88
    • Dimensions: 11.07 x 11.1
    Bedroom 3
    • Level: Upper
    • Area: 120.7
    • Dimensions: 10 x 12.07
    Bedroom 4
    • Level: Upper
    • Area: 133.02
    • Dimensions: 12.06 x 11.03
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Length: 29
    Family room
    • Level: Main
    • Area: 182.69
    • Dimensions: 13.04 x 14.01
    Kitchen
    • Level: Main
    • Width: 11.07
    Living room
    • Level: Main
    • Area: 629.26
    • Dimensions: 25.09 x 25.08
    Heating
    • Forced Air, Natural Gas, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Gas Water Heater, Instant Hot Water, Humidifier
    • Laundry: Main Level
    Features
    • Cathedral Ceiling(s), Bookcases, Entrance Foyer, Walk-In Closet(s), Pantry, Mud Room, Den/Study, Vaulted Ceiling(s), Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
    • Flooring: Wood, Carpet, Tile
    • Windows: Skylight(s), Blinds
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,295
    • Total interior livable area: 3,295 sqft
    • Finished area above ground: 3,295
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Paved, Concrete Floors, Asphalt, Easement, Shared Driveway
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: Fenced,Invisible
    • Has view: Yes
    • View description: Water
    • Water view: Water
    • Waterfront features: Inland Lake, All Sports, Soft Bottom, Vegetation to Water Edge, Lake, Sandy Shoreline
    • Body of water: Long Lake
    • Frontage type: Waterfront
    • Frontage length: 100
    Lot
    • Size: 1.38 Acres
    • Dimensions: 100 x 175
    • Features: Wooded, Level, Sloped, Subdivided
    Details
    • Additional structures: None
    • Parcel number: 280825507710
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: Community Dock, Lake Privileges, Pets Allowed, Common Area
    • Security: Smoke Detector(s)
    • Subdivision: Peninsula Estates
    HOA
    • Services included: Snow Removal
    • HOA fee: $350 annually
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $363/sqft
    • Tax assessed value: $1,459,800
    • Annual tax amount: $8,023
    • Price range: $1.2M - $1.2M
    • Date on market: 10/9/2024
    • Cumulative days on market: 210 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash,1031 Exchange
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/3/2025Listing removed$5,700$2/sqft
    Source: Zillow Rentals Report a problem
    8/28/2025Price change$5,700-5%$2/sqft
    Source: Zillow Rentals Report a problem
    8/26/2025Price change$6,000-7.7%$2/sqft
    Source: Zillow Rentals Report a problem
    7/28/2025Listed for rent$6,500$2/sqft
    Source: Zillow Rentals Report a problem
    5/7/2025Sold$1,195,000-13.1%$363/sqft
    Source: NGLRMLS #1927990 Report a problem
    5/6/2025Pending sale$1,375,000$417/sqft
    Source: NGLRMLS #1927990 Report a problem
    10/23/2024Price change$1,375,000-8.3%$417/sqft
    Source: NGLRMLS #1927990 Report a problem
    10/9/2024Listed for sale$1,500,000+504.8%$455/sqft
    Source: NGLRMLS #1927990 Report a problem
    3/4/1998Sold$248,000$75/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,023 +5.4%$729,900 +25.4%
    2024$7,613 +5%$582,000 +17.6%
    2023$7,251 +2.6%$494,700 +8.7%
    2022$7,064 +0.7%$454,900 +11.6%
    2021$7,014 +7.5%$407,700 +7.7%
    2020$6,525 $378,400 +1.5%
    2019$6,525 +2%$372,800 +3%
    2018$6,395 $362,100 -1.3%
    2017-- $367,000 +13.1%
    2016-- $324,600 +9.4%
    2014-- $296,700 -3.9%
    2012-- $308,690 -5.5%
    2011-- $326,700 -1.4%
    2010-- $331,300 -2.4%
    2009-- $339,500 -2%
    2008-- $346,600 +5%
    2007-- $330,000 +33%
    2005-- $248,200 +9.4%
    2004-- $226,800 +30.3%
    2003-- $174,000 +6.4%
    2002-- $163,500 +12%
    2001-- $146,000 +8%
    2000-- $135,200
    Find assessor info on the county website

    Neighborhood: 49685

    Nearby homes

    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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    $1,237,600
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