1390 Lake Dr Traverse City, MI 49685
Estimated payment $3,142/month
Total Views
7,482
3
Beds
2
Baths
1,734
Sq Ft
$265
Price per Sq Ft
Highlights
- Deeded Waterfront Access Rights
- Lake Privileges
- Main Floor Primary Bedroom
- 50 Feet of Waterfront
- Deck
- Beamed Ceilings
About This Home
Welcome to 1390 Lake Drive, a versatile and inviting property nestled near the shores of Silver Lake in Traverse City. This 3-bedroom, 2-bath home offers 1,734 square feet of living space and includes 50 feet of shared waterfront access—perfect for enjoying the best of Northern Michigan lake life. Currently configured as two separate living units, the home provides a unique opportunity for multi-generational living, rental income, or a seamless return to a single-family layout. The main level unit features two spacious bedrooms and one full bathroom, along with a comfortable living area and easy access to the yard. The upper-level unit includes a private entrance, a cozy sitting area on the main floor and a charming upstairs space complete with a bedroom, full kitchen, and family room. Whether you’re looking for an investment property, vacation retreat, or full-time residence with flexible living arrangements, this Silver Lake gem is full of potential.
Listing Agent
Coldwell Banker Schmidt Traver License #6501234844 Listed on: 07/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,629
Year Built
- Built in 1998
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 104 x 111
- 50 Feet of Waterfront
- Level Lot
- Cleared Lot
- The community has rules related to zoning restrictions
Parking
- Gravel Driveway
Home Design
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Shingle Siding
Interior Spaces
- 1,734 Sq Ft Home
- 1.5-Story Property
- Beamed Ceilings
- Gas Fireplace
- Crawl Space
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- In-Law or Guest Suite
- 2 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded Waterfront Access Rights
- Property is near a lake
- Lake Privileges
- Balcony
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Well
- Septic Tank
- High Speed Internet
- Satellite Dish
- Cable TV Available
Community Details
Overview
- Silver Pines Resort Community
Recreation
- Water Sports
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $7,629 | $198,600 | $0 | $0 |
| 2024 | $6,147 | $185,600 | $0 | $0 |
| 2023 | $5,868 | $110,000 | $0 | $0 |
| 2022 | $4,539 | $115,700 | $0 | $0 |
| 2021 | $4,391 | $110,000 | $0 | $0 |
| 2020 | $4,344 | $104,400 | $0 | $0 |
| 2019 | $4,331 | $96,600 | $0 | $0 |
| 2018 | $0 | $101,700 | $0 | $0 |
| 2017 | -- | $91,900 | $0 | $0 |
| 2016 | -- | $89,500 | $0 | $0 |
| 2014 | -- | $69,600 | $0 | $0 |
| 2012 | -- | $76,400 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $460,000 | +30.1% | $265 / Sq Ft |
| 08/31/2022 08/31/22 | Sold | $353,650 | -3.1% | $204 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 08/08/2022 08/08/22 | For Sale | $365,000 | +121.2% | $210 / Sq Ft |
| 03/28/2014 03/28/14 | Sold | $165,000 | -5.7% | $65 / Sq Ft |
| 03/25/2014 03/25/14 | Pending | -- | -- | -- |
| 12/18/2013 12/18/13 | For Sale | $174,900 | -- | $69 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $353,650 | -- | |
| Deed | -- | -- | |
| Deed | $165,000 | -- | |
| Deed | $20,000 | -- | |
| Deed | $14,000 | -- |
Source: Public Records
Similar Homes in Traverse City, MI
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1936261
APN: 05-295-070-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Nearby Homes
- 5161 Silver Pines Rd
- 0000 Lake Dr
- 5163 Silver Cove Dr
- 000 N East Silver Lake Rd
- 856 Meadow Dr
- 2570 W Crown Dr
- 2514 N West Silver Lake Rd
- 2554 E Crown Dr
- 220 N West Silver Lake Rd
- 2231 Tyler Hills Dr Unit 19
- 2664 E Crown Dr
- 0 Vl Tyler Hiils Dr Unit 12 25010845
- 0 Vl Tyler Hiils Dr Unit 7
- 2808 W Crown Dr
- 2679 Green Meadows Dr Unit 8
- 2424 Tyler Hills Dr
- 2764 W Crown Dr
- 2750 E Crown Dr Unit 1
- 477 Bradfield Ln
- 2911 E Crown Dr
- 1473 Greenbrier Dr
- 53 Greer Dr
- 4760 Golden Eagle Cir
- 2054 Essex View Dr
- 7878 Outer Dr S
- 3686 Matador W
- 3860 N Long Lake Rd
- 3462 Tanager Dr
- 213 Fairlane Dr
- 6444 Cedar Run
- 1389 Carriage View Ln
- 2276 S M-37 Unit B
- 226 E Sixteenth St Unit D2
- 403 W Eleventh St
- 403 W Eleventh St Unit B
- 2692 Harbor Hill Dr
- 1186-1243 Terrace Bluff Dr
- 1542 Simsbury St Unit 3
- 1542 Simsbury St Unit 4
- 3011 Garfield Rd N