10481 S Monaco Way Traverse City, MI $ 1,125,000
10481 S Monaco Way
$ 1,125,000
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10481 S Monaco Way

Traverse City, MI, 49684
$ 1,125,000
Bedrooms4 Baths4.1 Sq 4,595

Monthly Estimate*

$ 7,103

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Single Family Home for sale in Traverse City, MI for $1,125,000 with 4 bedrooms and 4 full baths, 1 half bath. This 4,595 square foot home was built in 1998 on a lot size of 2.

Welcome to 10481 S. Monaco Way, where one of Northern Michigan's most desirable waterfront communities offers a lifestyle that has become increasingly difficult to find. On more than two private, wooded acres in the prestigious La Riviera community, this home combines exceptional privacy with 550 feet of shared frontage on the crystal clear waters of West Bay. Here, luxury is defined not by proximity to neighbors, but by space, serenity, and access to everything that makes life in Traverse City extraordinary. Set well back from the road beneath a canopy of mature hardwoods, the property offers over 4,500 square feet of living space designed for gathering, entertaining, and everyday comfort. Multiple living areas, spacious bedrooms, and a functional floor plan provide an outstanding foundation for the next owner to personalize and create a home that reflects their own style. While cosmetic updates may be desired, the opportunity to secure this combination of acreage, privacy, and premier community is one that rarely becomes available. Life at La Riviera extends well beyond your property lines. Spend summer days enjoying the community's expansive shared frontage on West Bay, launch your boat for an afternoon on the water, challenge friends to a match on the neighborhood tennis courts, or explore miles of scenic recreation with direct access to the TART Trail. Downtown Traverse City, renowned restaurants, wineries, golf courses, and beaches are all just minutes away, allowing you to enjoy the best of Northern Michigan without sacrificing peace and privacy. For buyers who understand that homes can be renovated but remarkable settings cannot be recreated, 10481 S. Monaco Way presents an exceptional opportunity to invest in one of Traverse City's most established and sought-after waterfront communities.

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Single Family Active

Price

$ 1,125,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 7,587

Style

Lot Size

2

Year Built

1998

Town/City

Traverse City

County/Region

LEELANAU

MLS | Web ID

1948778

Features
Interior
Interior Amenities Bookcases Entrance Foyer Wet Bar Pantry Granite Bath Tops Granite Counters Kitchen Island Mud Room Formal Dining Room Den/Study Game Room Cable TV High Speed Internet
Basement Walk-Out Access Finished Rooms Finished
Flooring Tile Wood Carpet
Fireplace Features Gas
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 3128
Half Baths 1
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 1467
Living Room Level Main
Main Level Bedrooms 1
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
Primary Bathroom Features Private
Kitchen Area 283.02
Kitchen Length 17.8
Kitchen Width 15.9
Primary on Main 385.82
Second Bedroom Length 20.2
Second Bedroom Width 19.1
Bedroom 3 Area 182.28
Bedroom 3 Length 12.4
Bedroom 3 Width 14.7
Bedroom 4 Area 176.984999999
Bedroom 4 Length 13.5
Bedroom 4 Width 13.11
Dining Room Area 11.1 156.51
Dining Room Width 14.1
Family Room Area 905.618999999
Family Room Length 42.9
Living Room Area 494
Living Room Length 24.7
Living Room Width 20
Primary Bedroom Area 219.62
Primary Bedroom Length 13.9
Primary Bedroom Width 15.8
Family Room Width 21.11
Family Room Level Lower
Dining Room Level Main
Bedroom 4 Level Upper
Bedroom 3 Level Upper
Second Bedroom Level Upper
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Roof Asphalt
Appliances Refrigerator Oven/Range Disposal Dishwasher Washer Dryer
HOA Fee 700
Garage Spaces 3
Association Fee Includes Other
Patio/Porch Features Deck Patio
Construction Materials Frame Wood Siding Brick
Pets Allowed true
Year Built 1998
Stories Count 2
Township Elmwood
Levels Two
Property Subtype Single Family Residence
Waterfront Features All Sports Sandy Bottom Great Lake
Community Features Community Dock Tennis Court(s) Lake Privileges Pets Allowed Common Area Trails
Accessibility None
Assoc Fee Paid Per Annually
County Leelanau
New Construction N
Property Type Residential
Attached Garage Y
Subdivision Name La Riviera West
Garage Y/N Y
Other Structures None
Full Baths 3
Status Active
Directions M-22 to San Remo Blvd to Monaco Way.
City Traverse City
Body of Water Grand Traverse Bay
High School District Traverse City Area Public Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 87120
Carport Y/N N
Spa Features Bath
Tax Annual Amount 7587
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 387571
Virtual Tour https://show.tours/v/Thp6XrL
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description L464 P966/98 LOT 48 INCLUDING BEACH COMMONS AREA (004-016-046-20) LA RIVIERA WEST NO 3 SEC 17 T28N R11W .72 A and L550 P549/00 L7(SURVEY) P357/00 PRT NE 1/4 OF SE 1/4 SEC 17 COM @ E 1/4 COR SD SEC T
Freehold IDX
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Exterior
Exterior Amenities Sidewalk Garden
Parking Features Asphalt Circular Driveway Attached
Lot Features Cul-De-Sac Wooded-Hardwoods Wooded Evergreens Level Rolling Slope Landscaped Subdivided
Water Source Private
Lot Size Area 2
Number of Buildings 1
Spa Y
Lot Size Acres 2
Road Surface Type Asphalt
Frontage Length 550
Waterfront Y/N Y
Horse Y/N N
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* Excluded Features
List By
Blue Lakes Real Estate Group Tc Llc

Broker

(443) 895-0764

Phone

Affordability Calculator

$7,736
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,103
Monthly Property Taxes
$632
Monthly Home Insurance
--
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
8/3/2026$1,125,000 -6.25% Price Down
8/2/2026$1,200,000 Listed Price

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10481 S Monaco Way, Traverse City, MI, 49684 is a Single Family Home for sale at $1,125,000 with 4,595 sqft and a lot size of 2. 10481 S Monaco Way has 4 bedrooms, 4.1 baths, and was built in 1998. The property's zip code is 49684 which is in Traverse City, MI