Sold
398 Island View Drive, Traverse City, MI 49696
Sold on 07/15/2026 for$800,000
MLS # 1947146 (Northern Great Lakes REALTORS® MLS)
3 beds2 bathsBuilt 19710.44 acres
1 / 36
Listing Description
Enjoy the best of Northern Michigan waterfront living with 140 feet of private frontage on all-sports Island Lake. Set on an oversized, wooded parcel that offers exceptional privacy, this extensively updated home blends modern style with a relaxed lakeside setting. The stylish white kitchen opens to spacious living and dining areas, creating an ideal layout for everyday living and entertaining. A main-level primary ensuite provides convenience, while the upper-level bonus room offers additional flexible living space. Outside, a sprawling lakeside deck overlooks the water and leads to a sandy beach area perfect for swimming and shoreline enjoyment. Complete with a circular driveway, attached two-car garage, and easy access to year-round recreation, this property is an ideal Up North retreat.
Source: SparkMLS
About this home
Located in Traverse City, this property offers 3-bedroom, 2-bath, with original construction dating to 1971.
Final sale price: $800,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Lot Size0.44 acres
Year Built1971
Stories2
Location
CityTraverse City
Zip Code49696
CountyGrand Traverse County
Construction & Systems
BasementCrawl Space
HeatingBaseboard
WaterPrivate Water
Sale & Financing
Listed6/24/2026
Sold Date7/14/2026
Terms AcceptedCash, Conventional, FHA, MSHDA
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone A — 100-year floodplain (no base flood elevation)
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Matthew M Geib
Viewpoint Realty
Frequently Asked Questions about 398 Island View Drive, Traverse City, MI 49696
What financing options are available for 398 Island View Drive, Traverse City, MI 49696?
Per MLS# 1947146, this listing accepts Cash, Conventional, FHA, MSHDA 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, 398 Island View Drive, 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 398 Island View Drive, Traverse City, MI 49696 in a flood zone?
Per FEMA flood maps, this property is designated as Zone A, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 398 Island View Drive, 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.
Map
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Monthly payment$5,188
Principal & interest$5,188
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
398 Island View Drive, Traverse City, MI 49696
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