For Sale
504 S East Silver Lake Road, Traverse City, MI 49685
$2,350,000
MLS # 26001993 (Michigan Regional Information Center (MichRIC))
5 beds4 baths4,265 sqftBuilt 20221.47 acres
1 / 77
Listing Description
Now ready for summer on Silver Lake, this exceptional Traverse City waterfront home offers 162 feet of private frontage on 1.47 acres and the kind of setting buyers wait for. The large lakefront lawn is made for summer fun, with plenty of space for yard games, gatherings, and evenings by the fire overlooking the water. Silver Lake is a true local favorite, known for its clear water, beautiful sunsets, abundant wildlife, and the scenic islands, coves, and inlets that make every boat ride, paddle, or fishing trip feel like an adventure. Inside, the home was designed to make the most of lake living, with an open main level, engineered white oak floors, and a stunning award-winning kitchen recognized as the 2023 Parade of Homes Best Kitchen. The main floor primary suite and laundry add everyday convenience, while the finished walkout lower level offers additional bedrooms and a spacious living area that works well for guests, game days, or summer weekends with family and friends.
Source: SparkMLS
About this home
Located in Traverse City, this property offers 5-bedroom, 4-bath, 4,265 sq ft, with original construction dating to 2022.
Currently offered at $2,350,000 (about $551/sq ft).
Property tax estimate: $13,205 per year ($1,100/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 1,000 Mbps from 8 providers. Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms4
Living Area4,265 sqft
Lot Size1.47 acres
Year Built2022
Stories1
Location
CityTraverse City
MunicipalityBlair Twp
Zip Code49685
CountyGrand Traverse County
School DistrictTraverse City
Construction & Systems
StyleContemporary, Farmhouse, Ranch
ConstructionHardiPlank Type
BasementFull, Walk-Out Access
Garage3 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesNatural Gas Connected, Cable Connected, High-Speed Internet
InteriorCeiling Fan(s), Garage Door Opener, Wet Bar, Center Island, Pantry
Sale & Financing
Listed1/15/2026
Original Price$2,500,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$13,205
Tax Year2025
Assessed Value$475,323
Parcel #02-005-034-00
Source: SparkMLS
Legal Description
COM W 1/4 COR TH S 88 DEG 31' E 913.71' TO POB TH S 88 DEG 31' E 367.23' TH SLY 150.54' TH N 88 DEG 31' W 473.02' TH N 16.52' TH N 36 DEG 30' E 162.78' TO POB SEC 5 T26N R11W
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 Jon M Zickert
Real Estate One Beulah
Frequently Asked Questions about 504 S East Silver Lake Road, Traverse City, MI 49685
What school district is 504 S East Silver Lake Road, Traverse City, MI 49685 in?
Per MLS# 26001993, this property is served by Traverse City. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26001993, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26001993, the most recent reported annual property tax for 504 S East Silver Lake Road, Traverse City, MI 49685 is $13,205 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 504 S East Silver Lake Road, 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, 504 S East Silver Lake Road, 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.
Is fiber internet available at 504 S East Silver Lake Road, Traverse City, MI 49685?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 504 S East Silver Lake Road, Traverse City, MI 49685. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Cherryland Electric Cooperative. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Blair Twp police department or the Grand Traverse County County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$15,242
Principal & interest$15,242
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1 Gbps
Upload
35 Mbps
CableGSO SatelliteSatelliteLicensed Fixed WirelessUnlicensed Fixed WirelessDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Cherryland Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
504 S East Silver Lake Road, Traverse City, MI 49685
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