For Sale
5962 S Lake Leelanau Drive, Traverse City, MI 49684
$948,000
MLS # 1946219 (Northern Great Lakes REALTORS® MLS)
3 beds1 bathBuilt 19500.59 acres
1 / 50
Listing Description
This home is waiting for you to make it yours! Has not been occupied the last few years and buyers are advised to do their own due dilegence. Retain part of the charm with tongue and groove pine bedroom walls, or begin with a clean slate. The home sits level with the road, unlike other homes in this area having a sloping drive. A large, open lawn area levels out to a pier and beach area. Hard lake bottom! SUNSET views!
Source: SparkMLS
About this home
This 3-bedroom, 1-bath home built in 1950 sits in Traverse City.
Currently offered at $948,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Lot Size0.59 acres
Year Built1950
Location
CityTraverse City
Zip Code49684
CountyLeelanau
Construction & Systems
BasementCrawl Space, Other
HeatingNatural Gas, Forced Air
WaterPrivate Water
Sale & Financing
Listed6/4/2026
Original Price$1,100,000
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 Pamela A Mork
Coldwell Banker Schmidt-S.Bay
Frequently Asked Questions about 5962 S Lake Leelanau Drive, Traverse City, MI 49684
What type of financing is accepted for this listing?
Per MLS# 1946219, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 5962 S Lake Leelanau Drive, Traverse City, MI 49684 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, 5962 S Lake Leelanau Drive, Traverse City, MI 49684 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.
Who are the utility providers for this property?
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.
How safe is 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$6,149
Principal & interest$6,149
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
5962 S Lake Leelanau Drive, Traverse City, MI 49684
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