$895,000

858 Rennie Lake Rd Traverse City, MI 49696

Estimated payment $5,406/month

Total Views 3,188
4 Beds
2 Baths
1,789 Sq Ft
$500 Price per Sq Ft

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Deck
  • Courtade Elementary School Rated A-
  • Sandy Beach
  • Ranch Style House

About This Home

This is a dual listing with MLS # 1936531 in Residential Catagory. 2 units on 1 property. House with 3 br 1 bath and a cottage 1 br 1 bath both have been updated with new roofs, windows, Kitchens and Baths both have washer dryers, Decks overlooking Rennie Lake This is an established short term rental property current income is over $50,000 per year with potential of over $85,000 per year according to the new rental management company. Close to thousands of acres of state land and easy distance to Traverse City.

Listing Agent

Sharon Brown

Bayside Real Estate License #6501211659 Listed on: 07/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1940

Lot Details

  • 1.85 Acre Lot
  • Private Waterfront
  • 69 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Asbestos Siding

Interior Spaces

  • 1,789 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Rods
  • Wood Flooring
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Well
  • Propane Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Meets And Bounds Community

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,451

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1940
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 6
  • Year Updated: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds, Curtain Rods, Ceiling Fan, Electric Water Heater, Propane Water Heater
  • Interior Amenities: Hardwood Floors, Drywall, Paneling
  • Price Per Sq Ft: 500.28
  • Range: R 9W
  • Total Finished Sf Apx: 1789

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Rennie Lake
  • Exterior Features: Deck, Patio
  • Exterior Finish: Wood, Asbestos
  • Foundation: Walkout, Partial, Crawl Space
  • Lake Size: 240 acres
  • Number Of Acres: 1.85
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Public Lake, All Sports, Priv Frontage (Wtr Side), Sandy Bottom, Gradual Slope To Water, Sandy Shoreline
  • Waterfront Frontage: 69

Garage/Parking

  • Primary Garage: Two Car, Detached, Concrete Floors

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Wifi
  • Water: Private Well
  • Heating Cooling Type: Forced Air, Central Air, Window Air Conditioner
  • Fireplace And Stoves: Fireplace, Insert

Association/Amenities

  • Development Name: meets and bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Percent Wooded: 50
  • Zoning Use Restrictions: Residential
  • Percent Open: 50

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1411.66
  • Taxable Value: 135041
  • Total Taxes: 5451.09
  • Winter Taxes: 4039.43
  • Year Summer: 2024
  • Year Winter: 2024

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Traverse City Area Public 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
2025 $5,451 $231,300 $0 $0
2024 $1,412 $204,400 $0 $0
2023 $1,351 $130,500 $0 $0
2022 $4,934 $138,700 $0 $0
2021 $4,791 $130,500 $0 $0
2020 $4,742 $132,000 $0 $0
2019 $3,502 $126,200 $0 $0
2018 $0 $108,700 $0 $0
2017 -- $108,700 $0 $0
2016 -- $105,800 $0 $0
2014 -- $99,400 $0 $0
2012 -- $109,050 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $895,000 +244.4% $500 / Sq Ft
10/02/2017 10/02/17 Sold $259,900 0.0% $125 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $259,900 -- $125 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $259,900 --
Source: Public Records

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1936725

Northern Great Lakes REALTORS® MLS

APN: 12-006-009-01

Michigan Grand Traverse County Traverse City 49696

858 Rennie Lake Rd, Traverse City, MI

This home is located at 858 Rennie Lake Rd, Traverse City, MI 49696 and is currently priced at $895,000, approximately $500 per square foot. This property was built in 1940. 858 Rennie Lake Rd is a home located in Grand Traverse County with nearby schools including Courtade Elementary School, East Middle School, and Central 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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Sharon Brown
Listing Agent
Sharon Brown
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Bayside Real Estate
(231) 427-0534