Sold
2475 E Potter Road, Traverse City, MI 49696
Sold on 05/22/2026 for$352,000
MLS # 1943750 (Northern Great Lakes REALTORS® MLS)
4 beds1 bathBuilt 19800.63 acres
1 / 40
Listing Description
Waterfront Diamond in the Rough on Chandler Lake Bring your toolbelt and your imagination to this 4-bedroom, 1.5-bath lakeside retreat! Nestled on the shores of sought-after Chandler Lake, this property offers a rare entry point into Traverse City waterfront living. With 25 feet of private lakefront for your personal dock and an additional 182 feet of shared frontage, you get the best of both worlds: privacy and community space. The interior is a blank canvas ready for a modern transformation the oversized garage offers enough space for three cars and/or a dream workshop. Outside, the "extreme potential" of the landscape beckons for tiered gardens or a custom patio overlooking the water. Bonus: You’re just a short stroll from the recreation opportunities at Strawberry Hill Park. This is the project you’ve been waiting for!
Source: SparkMLS
About this home
Located in Traverse City, this property offers 4-bedroom, 1-bath, with original construction dating to 1980.
Final sale price: $352,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms1
Lot Size0.63 acres
Year Built1980
Location
CityTraverse City
Zip Code49696
CountyGrand Traverse County
Construction & Systems
BasementCrawl Space
HeatingNatural Gas, Forced Air
WaterPrivate Water
Sale & Financing
Listed4/12/2026
Sold Date5/21/2026
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$100
IncludesOther
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 Mandy Brown
Homewaters, LLC
Frequently Asked Questions about 2475 E Potter Road, Traverse City, MI 49696
What type of financing is accepted for this listing?
Per MLS# 1943750, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 2475 E Potter Road, Traverse City, MI 49696 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 2475 E Potter Road, Traverse City, MI 49696 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 2475 E Potter Road, Traverse City, MI 49696?
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.
What is the crime rate in 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$2,272
Principal & interest$2,172
HOA$100
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
2475 E Potter Road, Traverse City, MI 49696
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