4323 Balsam Circle Traverse City, MI $ 850,000
4323 Balsam Circle
$ 850,000
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4323 Balsam Circle

Traverse City, MI, 49696
$ 850,000
Bedrooms2 Baths1.0 Sq 776

Monthly Estimate*

$ 5,367

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Single Family Home for sale in Traverse City, MI

for $850,000 with 2 bedrooms and 1 full bath. This 776 square foot home was built in 1956 on a lot size of 0.55.

Set on just over a half acre with a gentle slope to the water, this rare Spider Lake offering features over 220 feet of pristine sandy bottom frontage on one of the most desirable stretches of shoreline on the entire lake. Set in a region known for four seasons of outdoor adventure and only minutes from the energy of downtown Traverse City, this property is a place to gather, unwind, and create lasting memories for generations. The setting is ideal for swimming, boating, and enjoying the quiet beauty of Northern Michigan lake life, with direct access to one of the area’s most sought after inland lakes. The existing cabin offers 2 bedrooms and 1 bathroom, all on the main floor, along with a lakeside-facing back deck that captures the natural surroundings and water views. A detached 2 car garage provides additional storage for lake toys, vehicles, and gear. Located near premier recreation destinations including the Vasa Trails, this property blends privacy with unmatched access to year round outdoor activities. An exceptional opportunity to enjoy the cottage as it is, update and expand the existing structure, or design and build your dream lakefront home on one of Spider Lake’s premier parcels.

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Single Family Active

Price

$ 850,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Cottage

Lot Size

0.55

Year Built

1956

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1947192

Features
Interior
Interior Amenities Cathedral Ceiling(s) Beamed Ceilings Paneling Ceiling Fan(s) High Speed Internet
Basement Crawl Space
Flooring Carpet Vinyl
Fireplace Features Wood Burning Stove
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Drapes Curtain Rods
Fireplace Y/N Y
Above Grade Finished Area 776
Half Baths 0
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 1
Living Room Level Main
Main Level Bedrooms 2
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
Primary Bathroom Features None
Kitchen Area 86.86
Kitchen Length 10.1
Kitchen Width 8.6
Primary on Main 114.84
Second Bedroom Length 11.6
Second Bedroom Width 9.9
Dining Room Area 15.6 179.4
Dining Room Width 11.5
Living Room Area 152.55
Living Room Length 13.5
Living Room Width 11.3
Primary Bedroom Area 112.519999999
Primary Bedroom Length 11.6
Primary Bedroom Width 9.7
Dining Room Level Main
Second Bedroom Level Main
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General
Sewer Private Sewer
Heating Forced Air Wall Furnace Natural Gas
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator Oven/Range Washer Dryer
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Deck
Architectural Style Cottage
Security Features Smoke Detector(s)
Construction Materials Frame Wood Siding
Pets Allowed false
Year Built 1956
Stories Count 1
Township East Bay
Levels One
Property Subtype Single Family Residence
Waterfront Features All Sports Sandy Bottom Lake
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Pinewood Shores
Garage Y/N Y
Other Structures None
Full Baths 0
Status New
Directions Hammond Rd east from TC. Continue to high lake rd to (L) on Rasho to (R) on Peninsula Trail to (L) on Lakeview to (L) on Balsam Circle. Cottage on left.
City Traverse City
Body of Water Spider Lake
High School District Traverse City Area Public Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 23958
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 81139
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOTS 57 & 58 PINEWOOD SHORES
Freehold IDX
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Exterior
Exterior Amenities Dock
Parking Features Gravel Private Detached
Lot Features Sloped Metes and Bounds
Water Source Private
Lot Size Area 0.55
Foundation Details Block
Number of Buildings 1
Spa N
Lot Size Acres 0.55
Road Surface Type Asphalt
Frontage Length 230
Frontage Type Waterfront
Waterfront Y/N Y
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Berkshire Hathaway Homeservices - Tc

Broker

Cell: 231-350-8039

Contact

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$5,367
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Monthly Principal & Interest
$5,367
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$850,000 Listed Price

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4323 Balsam Circle, Traverse City, MI, 49696 is a Single Family Home for sale at $850,000 with 776 sqft and a lot size of 0.55. 4323 Balsam Circle has 2 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 49696 which is in Traverse City, MI