4256 North Spider Lake Road, Traverse City, MI

$720,000

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2

Baths

1,456

Square feet

0.43

Acres

About 4256 North Spider Lake Road

Rare Spider Lake waterfront investment opportunity featuring two separate, nicely updated cottages on a deep, level lot with a sandy beach and beautiful lake frontage. The property includes a 1-bedroom, 1-bath cottage and a 2-bedroom, 1-bath cottage with sunroom and large lakeside deck. Both cottages are comfortable and appealing, with mini-splits for efficient heating and cooling, and have an established rental history.------ A major advantage is the property's Cabin Court designation by the township, making it exempt from local short-term rental restrictions—an increasingly valuable feature in the Traverse City area. This provides excellent flexibility for continued vacation rental use, owner occupancy combined with rental income, extended family use, or a waterfront retreat.----------- Offered turnkey, including furnishings, household goods, kayaks and much of what is needed to continue operating and enjoying the property from day one. Spider Lake is a highly desirable all-sports lake just minutes from downtown Traverse City. The property is also convenient to the VASA Trail, extensive state land, hiking, biking, ORV trails and year-round recreation. A unique opportunity to own two waterfront cottages with sandy frontage, proven rental potential and an outstanding Traverse City location.

Features of 4256 North Spider Lake Road

MLS® # 1950207
Price $720,000
Bathrooms 2.00
Square Footage 1,456
Acres 0.43
Year Built 1959
Type Multi-Family
Sub-Type Multi Family
Style Cottage
Status Active
Lake Spider Lake

Community Information

Address 4256 North Spider Lake Road
Subdivision Wildwood Park
City Traverse City
County Grand Traverse
State MI
Zip Code 49696

Amenities

Parking None
Is Waterfront No
Waterfront Inland Lake, Lake, All Sports, Sandy Shoreline
Has Pool No

Interior

Interior Features Solarium/Sun Room, High Speed Internet, Cable TV
Appliances Refrigerator, Oven/Range
Heating Wall Furnace, Natural Gas
Cooling Ductless
Has Basement Yes
Basement Crawl Space
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Exterior Features Dock
Roof Asphalt, Metal
Construction Frame, Wood Siding
Foundation Slab

School Information

District Traverse City Area Public Schools

Additional Information

Days on Market 4
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeBerkshire Hathaway Homeservices - TC

Listing Map

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