Sold
1386 Silverwood Drive, Traverse City, MI 49685
Sold on 06/05/2026 for$295,000
MLS # 1943041 (Northern Great Lakes REALTORS® MLS)
3 beds1 bathBuilt 19720.27 acres
1 / 38
Listing Description
Affordable home offering low-maintenance main-floor living in a desirable neighborhood just down the road from Silver Lake and the public boat launch. This 3-bedroom home features one remodeled bathroom, an open living area, and a spacious dining space that flows nicely for everyday living or entertaining. Recent updates include a brand-new kitchen with all new appliances, new flooring throughout, and a new water heater, giving the home a fresh feel and added peace of mind. Enjoy the outdoors with multiple decks for seating and relaxing, all set on a level, nicely manicured lot that is mostly tree-lined, offering privacy and the perfect space for bonfires or gathering outside.
Source: SparkMLS
About this home
Located in Traverse City, this property offers 3-bedroom, 1-bath, with original construction dating to 1972.
This home sold for $295,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Lot Size0.27 acres
Year Built1972
Stories1
Location
CityTraverse City
Zip Code49685
CountyGrand Traverse County
Construction & Systems
BasementCrawl Space
HeatingNatural Gas, Forced Air
WaterPrivate Water
Sale & Financing
Listed3/17/2026
Sold Date6/4/2026
Original Price$319,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Blake Bernard
REO-TCRandolph-233022
Frequently Asked Questions about 1386 Silverwood Drive, Traverse City, MI 49685
What type of financing is accepted for this listing?
Per MLS# 1943041, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 1386 Silverwood Drive, Traverse City, MI 49685 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1386 Silverwood Drive, Traverse City, MI 49685 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Cherryland Electric Cooperative. Gas: DTE Gas Company. Water: Private Water. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Monthly payment$1,978
Principal & interest$1,978
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Cherryland Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1386 Silverwood Drive, Traverse City, MI 49685
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