NOT LISTED FOR SALE

8040 S Lakeview Rd Traverse City, MI 49684

Estimated Value: $2,315,000 - $3,508,000

3 Beds
3.5 Baths
4,722 Sq Ft
$617/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $1,550,000 $328 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $17,283/month

194 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Craftsman Architecture
  • Deeded Waterfront Access Rights
  • Bay View
  • Deck

About This Home

As of November 2018

South Lake Leelanau waterfront! Water vistas and lake breezes all the day through from this quality, executive home situated on a spacious, west-facing lot. This coveted location enjoys not only breathtaking sunsets, and superb swimming, boating & fishing, it also is accessed by a public maintained road with very little traffic, just off the beaten path. This is the perfect family compound and an entertainer's dream. Cathedral ceilings w/timber-frame architectural accents, granite tops, stainless appliances, breakfast nook, formal dining room, water-facing master suite complete w/wood fireplace & slider to deck, & massive space over attached garage ready for studio, office, or additional sleeping quarters. Perfect location only 10 minutes to downtown Traverse City & at the base of Leelanau County's wine & golf country!

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 04/22/2018

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Wayne Toteff

REO - Elk Rapids-101308 License #6506045867

REO - Elk Rapids-101308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,003

Year Built

  • Built in 2009

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 196x323
  • Private Waterfront
  • 195 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Insulated Concrete Forms
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 4,722 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,003

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Craftsman
  • Estimated Year Built: 2009
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 1
  • Univs Design Barrier Free: Extra Wide Hallways, Main Floor Access
  • Year Updated: 2012
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2009

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Electric Water Heater
  • Interior Amenities: Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Beamed Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 23x18, On Level: Main Floor, Flooring: Tile
  • Bedroom 2: Dimensions: 17x14, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 15x12, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 17x15, On Level: Main Floor, Flooring: Tile
  • Kitchen: Dimensions: 22x18, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 34x22, On Level: Main Floor, Flooring: Tile
  • Other Room: Dimensions: 35x28, On Level: Upper Floor
  • Estimated Above Ground Finished Sq Ft: 4642
  • Estimated Below Grade Finished Sq Ft: 80
  • Estimated Below Grade Unfinished Sq Ft: 2256
  • Price Per Sq Ft: 328.25
  • Range: R 12W
  • Total Finished Sf Apx: 4722

Exterior Features

  • Body Of Water: Lake Leelanau
  • Exterior Features: Bay View, Sprinkler System, Deck, Countryside View, Covered Porch, Landscaped, Garden Area, Porch
  • Exterior Finish: Vinyl, Stone
  • Foundation: Full, Walkout, Poured Concrete, Daylight Windows, Insulated Concrete Panels
  • Number Of Acres: 1.4
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Vegetation to Water Edge, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 195

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Finished Rooms, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Hot Water, Zoned/Dual, Floor
  • Laundry: Dimensions: 14x10, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, Dish TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level, Sloping
  • Lot Dimensions: 196x323
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2018
Closed on
Nov 2, 2018
Sold by
Kay Schweikert Marsha
Bought by
Wilkins James R and Wilkins Laura
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Wayne Toteff
REO - Elk Rapids-101308
List Price
$1,700,000
Sold Price
$1,550,000
Premium/Discount to List
-$150,000
-8.82%
Current Estimated Value
$2,911,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,361,939
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Schumacher Ronald D
Bought by
Schweikert Marsha Kay
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilkins James R $1,550,000 --
Schweikert Marsha Kay $700,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $1,550,000 -8.8% $328 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
04/22/2018 04/22/18 For Sale $1,700,000 -- $360 / 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 $17,003 $1,529,100 $0 $0
2024 $12,992 $1,448,100 $0 $0
2023 $12,423 $1,145,900 $0 $0
2022 $29,385 $1,082,000 $0 $0
2021 $28,191 $804,200 $0 $0
2020 $27,906 $728,800 $0 $0
2019 $29,175 $766,000 $0 $0
2018 -- $791,800 $0 $0
2017 -- $765,300 $0 $0
2016 -- $669,900 $0 $0
2015 -- $675,800 $0 $0
2014 -- $677,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hagan

    Seller's Agent in 2018

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    393 Total Sales

    Mark Hagan
    Section Image

  • W

    Buyer's Agent in 2018

    Wayne Toteff

    Real Estate One

    (231) 392-6259

    78 Total Sales

    Wayne Toteff
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1845186

Northern Great Lakes REALTORS® MLS

APN: 004-101-012-00

Michigan Leelanau County Traverse City 49684

8040 S Lakeview Rd, Traverse City, MI

This home is located at 8040 S Lakeview Rd, Traverse City, MI 49684 since 22 April 2018 and is currently estimated at $2,911,939, approximately $616 per square foot. This property was built in 2009. 8040 S Lakeview Rd is a home located in Leelanau County with nearby schools including Long Lake Elementary School, West Middle School, and West 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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