Pending
5148 Valleyway Drive, Williamsburg, MI 49690
$399,000
MLS # 1939389 (Northern Great Lakes REALTORS® MLS)
2 beds2 bathsBuilt 1984
1 / 27
Listing Description
Turn-Key Luxury Condo at Grand Traverse Resort – Proven Income, Sunset Views, Contemporary Design Experience resort living and reliable income in one of Northern Michigan’s most desirable destinations. This beautifully updated 2-bedroom, 2-bath condo is already enrolled in the Grand Traverse Resort Management Program, producing strong annual revenue with hands-off convenience for owners. Enjoy an open-concept layout with 2 large bedrooms on opposite ends for privacy, a new in-unit washer and dryer, and modern West Elm furnishings (available under separate contract), gas insert fireplace (can be wood burning) for cozy ambience, The spacious, private west-facing balcony overlooks pond and manicured resort grounds with seasonal peaks of East Bay and captures stunning evening sunsets. Amenities include access to golf, pools, spa, fitness center, restaurants, and shopping within the resort. HOA covers exterior maintenance, snow removal, water, and more — making this a truly turn-key investment or second home. Unlike other dated listings, this condo reflects modern luxury and effortless ownership. Move in, rent out, or do both — the choice is yours
Source: SparkMLS
About this home
This 2-bedroom, 2-bath home built in 1984 sits in Williamsburg.
Currently offered at $399,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Year Built1984
Stories1
Location
CityWilliamsburg
Zip Code49690
CountyGrand Traverse County
Construction & Systems
BasementCrawl Space
HeatingNatural Gas, Forced Air
WaterWell
SewerPublic
Sale & Financing
Listed10/6/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$5,400
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Other
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 John M Ammar
Keller Williams Northern Michigan
Frequently Asked Questions about 5148 Valleyway Drive, Williamsburg, MI 49690
What type of financing is accepted for this listing?
Per MLS# 1939389, 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, 5148 Valleyway Drive, Williamsburg, MI 49690 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 5148 Valleyway Drive, Williamsburg, MI 49690 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 5148 Valleyway Drive, Williamsburg, MI 49690?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Well. 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$7,988
Principal & interest$2,588
HOA$5,400
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5148 Valleyway Drive, Williamsburg, MI 49690
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