For Sale
4323 Balsam Circle, Traverse City, MI 49696
$850,000
MLS # 1947192 (Northern Great Lakes REALTORS® MLS)
2 beds1 bathBuilt 19560.55 acres
1 / 40
Listing Description
Set on just over a half acre with a gentle slope to the water, this rare Spider Lake offering features over 220 feet of pristine sandy bottom frontage on one of the most desirable stretches of shoreline on the entire lake. Set in a region known for four seasons of outdoor adventure and only minutes from the energy of downtown Traverse City, this property is a place to gather, unwind, and create lasting memories for generations. The setting is ideal for swimming, boating, and enjoying the quiet beauty of Northern Michigan lake life, with direct access to one of the area’s most sought after inland lakes. The existing cabin offers 2 bedrooms and 1 bathroom, all on the main floor, along with a lakeside-facing back deck that captures the natural surroundings and water views. A detached 2 car garage provides additional storage for lake toys, vehicles, and gear. Located near premier recreation destinations including the Vasa Trails, this property blends privacy with unmatched access to year round outdoor activities. An exceptional opportunity to enjoy the cottage as it is, update and expand the existing structure, or design and build your dream lakefront home on one of Spider Lake’s premier parcels.
Source: SparkMLS
About this home
Located in Traverse City, this property offers 2-bedroom, 1-bath, with original construction dating to 1956.
Listed at $850,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Lot Size0.55 acres
Year Built1956
Stories1
Location
CityTraverse City
Zip Code49696
CountyGrand Traverse County
Construction & Systems
BasementCrawl Space
HeatingNatural Gas, Forced Air, Wall Furnace
WaterPrivate Water
Sale & Financing
Listed6/24/2026
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 Jonathan Crane
Berkshire Hathaway Homeservices - TC
Frequently Asked Questions about 4323 Balsam Circle, Traverse City, MI 49696
What type of financing is accepted for this listing?
Per MLS# 1947192, this listing accepts Cash, Conventional financing. 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, 4323 Balsam Circle, 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 4323 Balsam Circle, 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 4323 Balsam Circle, 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$5,513
Principal & interest$5,513
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
4323 Balsam Circle, Traverse City, MI 49696
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