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For sale
  • $2,350,000

    788 E Traverse Lake Rd, Cedar, MI 49621

    3beds
    4,290sqft
    : 
    $13,739/mo
    Get pre-qualified
    Single Family Residence
    Built in 2005
    1.12 Acres Lot
    $1,879,400 Zestimate®
    $548/sqft
    $-- HOA

    What's special

    Slate tileLower-level family roomQuiet canopy-lined roadSprawling waterside lawnRich maple floorsFull wet barLifetime-warranted metal roof
    LITTLE TRAVERSE LAKE – The quintessential lakeside retreat. This masterfully crafted 4,200-square-foot residence features three bedrooms, two and a half bathrooms, and generous living spaces inside and out. Completed in 2006 of UP-sourced pine, the home has been meticulously preserved as a seasonal escape by its original owners. The timeless materials honor the spirit of Northern Michigan: rich maple floors, slate tile, custom cherry cabinetry, and pine trim and doors —all shielded by a lifetime-warranted metal roof. The main living areas flow seamlessly toward the waterfront, while the lower-level family room features a full wet bar and walk-out access directly to the lakeside lawn. The property boasts 135 feet of sandy frontage with sought-after southern exposure, bathing the property in all-day sun and framing striking views across the lake and toward the recently protected Sugar Loaf Mountain. Little Traverse Lake remains one of Leelanau County’s hidden gems—a picturesque, spring-fed, all-sports lake at the base of Good Harbor Bay. Positioned equidistant to Leland and Glen Arbor, it offers effortless access to the very best of the peninsula. Arrive via a quiet, canopy-lined road where all the acreage across the street is protected National Lakeshore land, offering hiking trails and Lake Michigan beach access just three-quarters of a mile away. Desirable amenities round out this exceptional property, including a heated two-car garage with direct dual-floor access, expansive lakeside decks and patios, a sprawling waterside lawn, a 14'x14' garden shed, and a 16kw whole-house generator.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Fisher,

    Coldwell Banker Schmidt-Glen A

    Source: NGLRMLS,MLS#: 1948668MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 238
      • Dimensions: 17 x 14
      Bedroom 2
      • Level: Lower
      • Dimensions: 10.25 x 15.25
      Bedroom 3
      • Level: Lower
      • Dimensions: 11.58 x 15.25
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      • Dimensions: 16.5 x 16.5
      Family room
      • Level: Lower
      • Dimensions: 34.67 x 23
      Kitchen
      • Level: Main
      • Dimensions: 17.25 x 15.5
      Living room
      • Level: Main
      • Dimensions: 22.67 x 19
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Oven, Cooktop, Exhaust Fan, Gas Water Heater
      • Laundry: Main Level
      Features
      • Cathedral Ceiling(s), Wet Bar, Pantry, Granite Bath Tops, Granite Counters, Solid Surface Counters, Kitchen Island, Mud Room, Ceiling Fan(s), Cable TV, High Speed Internet
      • Flooring: Wood, Tile, Carpet
      • Windows: Blinds
      • Basement: Full,Walk-Out Access,Finished Rooms,Egress Windows,Finished,Interior Entry
      • Has fireplace: Yes
      • Fireplace features: Gas, Wood Burning
      Interior area
      • Total structure area: 4,290
      • Total interior livable area: 4,290 sqft
      • Finished area above ground: 2,503
      • Finished area below ground: 1,787

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage Door Opener, Heated Garage, Concrete Floors, Concrete, Gravel, Private
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Patio, Covered
      • Exterior features: Sprinkler System, Rain Gutters, Dock
      • Has view: Yes
      • View description: Water
      • Water view: Water
      • Waterfront features: Inland Lake, All Sports, Sandy Bottom, Vegetation to Water Edge, Lake
      • Body of water: Little Traverse Lake
      • Frontage type: Waterfront
      • Frontage length: 135
      Lot
      • Size: 1.12 Acres
      • Dimensions: 135' x 398' x 130' x 360'
      • Features: Wooded-Hardwoods, Level, Landscaped, Metes and Bounds
      Details
      • Additional structures: Shed(s)
      • Parcel number: 4500301105500
      • Zoning description: Residential,Outbuildings Allowed

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Log Cabin
      • Property subtype: Single Family Residence
      Materials
      • Log, Full Log
      • Foundation: Block
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Private Sewer, Pump Back
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Security: Security System, Smoke Detector(s)
      • Subdivision: n/a
      HOA
      • Services included: None
      Location
      • Region: Cedar

      Financial & listing details

      • Price per square foot: $548/sqft
      • Tax assessed value: $400,784
      • Annual tax amount: $7,726
      • Price range: $2.4M - $2.4M
      • Date on market: 7/30/2026
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $1,879,400

        $1.47M - $2.41M

        $3,502/mo

        Price history

        DateEventPrice
        7/30/2026Listed for sale$2,350,000+944.4%$548/sqft
        Source: NGLRMLS #1948668 Report a problem
        9/25/1998Sold$225,000$52/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,726 +8.7%$645,100 +5.2%
        2024$7,108 +4.9%$613,400 +9%
        2023$6,778 +4.8%$562,800 +14.2%
        2022$6,468 +1.2%$493,000 +12.5%
        2021$6,392 +30.5%$438,300 -5.7%
        2020$4,899 $464,800 +14.5%
        2019-- $406,100 -5.8%
        2018-- $430,900 -0.3%
        2017-- $432,400 +0.3%
        2016-- $430,900 +37.4%
        2015-- $313,600 -4.4%
        2014-- $328,000 -17.5%
        2013-- $397,500 -2.1%
        2012-- $405,900 -0.4%
        2011-- $407,600 -0.1%
        2010-- $408,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 49621

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Leland Public School District

        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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