$829,000
$20K PRICE DROP

10774 Us-31 S Williamsburg, MI 49690

Estimated payment $5,436/month

Total Views 12,473
11 Beds
7 Baths
5,500 Sq Ft
$151 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • 200 Feet of Waterfront
  • Lake Privileges
  • Elk Rapids High School Rated A-
  • Sandy Beach
  • Great Room

About This Home

GRAND TRAVERSE BAY - 200' of shared frontage! This property must be seen to be appreciated. Unlimited possibilities and a premier location. Two miles S. of Elk Rapids - 12 miles from Traverse City and minutes to the Chain of Lakes. Two separate residences which consist of three individual units which have been zoned for multifamily use for a short- or long-term rental situated on 1.44 Acres surrounded by beautiful forest canopy. Unit One has 4 bedrooms, Unit Two has 4 bedrooms, Unit Three has 3 bedrooms. Eleven total bedrooms and seven baths. Each house has its own washer & dryer along with a fully equipped kitchen. Generac generator, overhead sprinkler system for fire suppression, and handicap accessible doors. A shared 200 ft. beach access to the pristine waters of East Bay for owner and guests. Suitable for a family compound or equestrian crew members - Flintfields only 7 miles away.

Listing Agent

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 05/12/2025

RE/MAX Of Elk Rapids

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,131

Year Built

  • Built in 1940

Lot Details

  • 1.44 Acre Lot
  • Lot Dimensions are 218x276x220x352
  • 200 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • In-Law or Guest Suite
  • 5,500 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Storage

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Property is near a Great Lake

Community Details

Overview

  • 2 Units
  • Sunset Shores Community

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,131

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Guest Quarters, 2 Residences / 1 Lot
  • Style: 1.5 Story, Apartment, In-Law Suite/Apt
  • Estimated Year Built: 1940
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 29
  • Year Updated: 2010
  • Year Renovated: 2025
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
  • Interior Amenities: Handicap Access/Equipment, Storage Space, Formal Dining Room, Great Room, Pantry
  • Price Per Sq Ft: 150.73
  • Range: R 9W
  • Total Finished Sf Apx: 5500

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Sidewalk, Patio, Landscaped
  • Exterior Finish: Vinyl Siding
  • Foundation: Partial, Block, Entrance Inside
  • Number Of Acres: 1.44
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Great Lake, Public Lake, All Sports, Sandy Bottom
  • Waterfront Frontage: 200

Garage/Parking

  • Primary Garage: Two Car, Paved Driveway, Attached

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Central Air

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Sunset Shores

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 218x276x220x352
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Included In Lease: Not For Lease
  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 8606
  • Taxable Value: 253575
  • Total Taxes: 10131
  • Winter Taxes: 1525
  • Year Summer: 2024
  • Year Winter: 2024

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Elk Rapids Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $86 $268,700 $0 $0
2023 $8,254 $274,200 $0 $0
2022 $9,172 $230,000 $0 $0
2021 $9,287 $234,300 $0 $0
2020 $9,121 $235,500 $0 $0
2019 $6,759 $204,700 $0 $0
2018 $6,604 $206,200 $0 $0
2017 $6,482 $206,200 $0 $0
2016 $5,437 $200,800 $0 $0
2015 -- $193,700 $0 $0
2014 -- $167,300 $0 $0
2013 -- $156,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $829,000 -2.4% $151 / Sq Ft
05/14/2025 05/14/25 For Sale $849,000 -- $154 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 --
Special Warranty Deed $196,000 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933582

Northern Great Lakes REALTORS® MLS

APN: 05-06-550-037-00