Nestled on a quiet wooded lot in Long Lake Peninsula Association, this property would make a wonderful primary home or a great investment property. The association includes shared access to Long Lake with boat launch, dock, and a swimming raft. There is also a recreation area with picnic tables, volleyball, softball, and a playground, just around the corner from the home. The house is currently a single family home with two wings/cottage spaces separated by sliding barn doors that can be closed and secured if desired. Each side has its own kitchen area, full bath, and living room. Could easily be converted back to a duplex. Live on one side, income produce on the other. Less than 10 miles to downtown TC. For more information on the association visit www.longlakepeninsula.org This home has an established short term rental history, grossing 81k in 2023. One selling individual is a licensed real estate agent in state of Michigan
Sold for $525,000
$525,000
8064 Shady Ln, Traverse City, MI 49685
3beds
1,662sqft
Single Family Residence
Built in 1974
0.5 Acres Lot
$556,100 Zestimate®
$316/sqft
$2,627 Estimated rent
Home value
$556,100
$523,000 - $589,000
$2,627/mo
Zestimate® history
Owner options
List your home for rent
$2,627/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,627/mo
Rent Zestimate®
Refinance and save
$3,457/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,457/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Kara Gelven Cell:231-632-5448,
Peninsula Properties Realty 231-632-5448
Bought with:
Marissa Wege, 6501431561
Five Star Real Estate - Front St TC
Source: NGLRMLS,MLS#: 1923589
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Primary bathroom
- Features: Private
Kitchen
- Level: Main
- Area: 120
- Dimensions: 15 x 8
Living room
- Level: Main
- Area: 285
- Dimensions: 15 x 19
Heating
- Forced Air, Wall Furnace, Natural Gas, Fireplace(s)
Cooling
- Ductless
Appliances
- Included: Refrigerator, Oven/Range, Washer, Dryer, Gas Water Heater, Water Softener Rented
- Laundry: Main Level
Features
- Walk-In Closet(s), Vaulted Ceiling(s), Drywall, Cable TV, High Speed Internet
- Windows: Drapes, Curtain Rods
- Basement: Partial
- Has fireplace: Yes
Interior area
- Total structure area: 1,662
- Total interior livable area: 1,662 sqft
- Finished area above ground: 1,662
- Finished area below ground: 0
Property
Parking
- Parking features: None, Gravel
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck, Patio
- Waterfront features: Inland Lake, All Sports, Sandy Bottom, Lake
- Body of water: Long Lake
- Frontage length: 60
Lot
- Size: 0.50 Acres
- Features: Wooded, Level, Subdivided
Details
- Additional structures: Shed(s)
- Parcel number: 0825508100
- Zoning description: Residential,Rental History
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Metal/Steel
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Community Dock, Lake Privileges, Pets Allowed, Common Area
Location
- Region: Traverse City
- Subdivision: Peninsula Estates
HOA & financial
HOA
- HOA fee: $350 annually
- Services included: Other
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Price range: $525K - $525K
- Listing terms: Conventional,Cash,VA Loan,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $525,000+9.4%$316/sqft |
Source:  NGLRMLS #1923589 Report a problem | ||
| 6/19/2024 | Pending sale | $479,900$289/sqft |
Source: NGLRMLS #1923589 Report a problem | ||
| 6/17/2024 | Listed for sale | $479,900+6.9%$289/sqft |
Source: NGLRMLS #1923589 Report a problem | ||
| 4/16/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/6/2022 | Pending sale | $449,000$270/sqft |
Source: Owner Report a problem | ||
| 3/1/2022 | Listed for sale | $449,000+113.8%$270/sqft |
Source: Owner Report a problem | ||
| 7/26/2019 | Sold | $210,000-4.5%$126/sqft |
Source: Agent Provided Report a problem | ||
| 4/20/2019 | Listed for sale | $220,000+11.7%$132/sqft |
Source: Owner Report a problem | ||
| 10/31/2018 | Listing removed | $1,000$1/sqft |
Source: Owner Report a problem | ||
| 9/30/2018 | Listed for rent | $1,000+11.1%$1/sqft |
Source: Owner Report a problem | ||
| 10/8/2015 | Listing removed | $900$1/sqft |
Source: Owner Report a problem | ||
| 9/29/2015 | Listed for rent | $900$1/sqft |
Source: Owner Report a problem | ||
| 9/29/2015 | Listing removed | $197,000$119/sqft |
Source: Owner Report a problem | ||
| 7/6/2015 | Listed for sale | $197,000+49.2%$119/sqft |
Source: Owner Report a problem | ||
| 11/8/2011 | Listing removed | $132,000$79/sqft |
Source: Coldwell Banker Schmidt, Realtors #1727904 Report a problem | ||
| 6/19/2011 | Listed for sale | $132,000+20%$79/sqft |
Source: Coldwell Banker Schmidt REALTORS #1727904 Report a problem | ||
| 8/29/2003 | Sold | $110,000$66/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,297 +5.2% | $169,200 +2.7% |
| 2024 | $5,985 +29.9% | $164,700 +20.8% |
| 2023 | $4,606 -5.2% | $136,300 +29.9% |
| 2022 | $4,858 +1% | $104,900 -5.8% |
| 2021 | $4,810 +66.6% | $111,300 +2.4% |
| 2020 | $2,886 | $108,700 +18% |
| 2019 | $2,886 +2.2% | $92,100 +9.3% |
| 2018 | $2,824 | $84,300 +4.6% |
| 2017 | -- | $80,600 +8.9% |
| 2016 | -- | $74,000 +18.2% |
| 2014 | -- | $62,600 -0.9% |
| 2012 | -- | $63,150 -8.2% |
| 2011 | -- | $68,800 -6.9% |
| 2010 | -- | $73,900 -3.1% |
| 2009 | -- | $76,300 +12.7% |
| 2008 | -- | $67,700 +2.4% |
| 2007 | -- | $66,100 +11.5% |
| 2005 | -- | $59,300 +1.4% |
| 2004 | -- | $58,500 +1.4% |
| 2003 | -- | $57,700 +1.8% |
| 2002 | -- | $56,700 +1.8% |
| 2001 | -- | $55,700 +10.1% |
| 2000 | -- | $50,600 |
Find assessor info on the county website
Neighborhood: 49685
Nearby schools
GreatSchools rating
- 7/10Silver Lake Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 4.9 mi
- 8/10West Senior HighGrades: 9-12Distance: 3.7 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$556,100
2% more
+$11,122
With Zillow Showcase(estimated)
$567,222
- Michigan
- Grand Traverse County
- Traverse City
- 49685
- 8064 Shady Ln
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Traverse City Topics
