NOT LISTED FOR SALE

7500 S Lakeview Rd Traverse City, MI 49684

Estimated Value: $848,000 - $1,391,429

5 Beds
2.5 Baths
2,224 Sq Ft
$502/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $709,000 $319 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,257/month

38 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Deck
  • Deeded Waterfront Access Rights
  • Bluff on Lot
  • Wooded Lot

About This Home

As of January 2021

Spacious direct waterfront ranch home located on an exceptionally deep 3.82 acre wooded parcel offering 192’ of desirable western facing private water frontage on South Lake Leelanau! This classic Leelanau cottage features 2,224 finished sq ft of living space, 5 bedrooms, 2.5 baths, beamed cathedral ceilings, hardwood flooring throughout, and unlimited potential for future updates. Spectacular quiet setting set back from the roadway in a perfect location just 10 miles from Downtown Traverse City! Survey and permit for a future replacement drainfield on file.

Last Agent to Sell the Property

Victoria Oltersdorf

OLTERSDORF REALTY, LLC License #6502340603 Listed on: 10/27/2020

Last Buyer's Agent

Victoria Oltersdorf

OLTERSDORF REALTY, LLC License #6502340603 Listed on: 10/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,642

Year Built

  • Built in 1952

Lot Details

  • 3.82 Acre Lot
  • Private Waterfront
  • 192 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,224 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Crawl Space
  • Washer

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Gittleman Heights & M&B Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,642

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1952
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 36
  • Univs Design Barrier Free: Main Floor Access
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Electric Water Heater
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 15.04x15.04, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 16.10x9.07, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 9.11x11.03, On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 9.10x11.03, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 16.11xcombo, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: combox23.03, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19.1x16.11, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 12.0x9.02, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2224
  • Price Per Sq Ft: 318.79
  • Range: R 12W
  • Total Finished Sf Apx: 2224

Exterior Features

  • Body Of Water: South Lake Leelanau
  • Exterior Features: Deck, Countryside View
  • Exterior Finish: Wood
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 3.82
  • Road: Public Maintained, Shared, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Bluff (less than 10ft), Vegetation to Water Edge
  • Waterfront Frontage: 192

Garage/Parking

  • Driveway: Gravel, Dirt, Shared

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Baseboard, Wall
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Gittleman Heights & M&B

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 12,13
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Cleared, Some Lowland Areas
  • Lot Dimensions: See Survey
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds, Subdivision
  • Zoning Use Restrictions: Residential, Outbuildings Allowed

MLS Schools

  • School District: Traverse City Area Public Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $709,000 -5.3% $319 / Sq Ft
11/12/2020 11/12/20 Price Changed $749,000 -5.8% $337 / Sq Ft
10/27/2020 10/27/20 For Sale $795,000 -19.3% $357 / Sq Ft
09/30/2020 09/30/20 Sold $985,000 -1.0% $421 / Sq Ft
05/20/2020 05/20/20 For Sale $995,000 -- $425 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

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
2025 $14,642 $562,700 $0 $0
2024 $12,523 $554,900 $0 $0
2023 $11,915 $478,600 $0 $0
2022 $13,095 $352,900 $0 $0
2021 -- $411,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Oltersdorf

    Seller's Agent in 2021

    Victoria Oltersdorf

    OLTERSDORF REALTY, LLC

    (231) 271-7777

    104 Total Sales

    Victoria Oltersdorf
    Section Image
  • Tim Schaub

    Seller's Agent in 2020

    Tim Schaub

    Schaub Team Premier Realty

    (231) 883-3545

    145 Total Sales

    Tim Schaub
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1881437

Northern Great Lakes REALTORS® MLS

APN: 001-280-012-00

Michigan Leelanau County Traverse City 49684

7500 S Lakeview Rd, Traverse City, MI

This home is located at 7500 S Lakeview Rd, Traverse City, MI 49684 since 27 October 2020 and is currently estimated at $1,116,476, approximately $502 per square foot. This property was built in 1952. 7500 S Lakeview Rd is a home located in Leelanau County with nearby schools including Suttons Bay Elementary School and Suttons Bay Senior High School.

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.

Northern Great Lakes REALTORS® MLS 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.

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