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5055 S Colonial Drive Traverse City, MI $ 530,000
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$ 530,000 Get more info
5055 S Colonial Drive
$ 530,000
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5055 S Colonial Drive

Traverse City, MI, 49685
$ 530,000
Bedrooms3 Baths2.0 Sq 1,692

Monthly Estimate*

$ 3,346

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Single Family Home for sale in Traverse City, MI

for $530,000 with 3 bedrooms and 2 full baths. This 1,692 square foot home was built in 2015 on a lot size of 0.43.

Easy living, room to grow, and a Traverse City location that keeps you close to everything. Welcome to 5055 S Colonial Drive in Heritage Estates, an established neighborhood offering a comfortable residential setting without sacrificing convenience. Built in 2015, this 3-bedroom, 2-bath home offers nearly 1,700 finished square feet with a functional layout designed for everyday living. The unfinished lower level provides tremendous flexibility and the opportunity to create additional living space, a home office, gym, guest space, hobby room, or simply enjoy the exceptional storage. Outside, enjoy the neighborhood setting while staying close to Traverse City shopping, dining, recreation, area lakes, trails, and all that makes Northern Michigan living so desirable. Comfortable as it is today with plenty of potential for tomorrow, this is a home that can easily evolve with your needs. Move in. Settle in. Make it yours.

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Single Family Active

Price

$ 530,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Raised Ranch

Lot Size

0.43

Year Built

2015

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1951003
Features
Interior
Interior Amenities Entrance Foyer Granite Bath Tops Granite Counters Kitchen Island Mud Room Vaulted Ceiling(s) Cable TV High Speed Internet
Basement Full Egress Windows Bath/Stubbed
Fireplace Features Gas Insert Heatilator
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1692
Half Baths 0
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Living Room Level Main
Main Level Bedrooms 3
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
Primary Bathroom Features Private
Kitchen Area 136.99
Kitchen Length 10.3
Kitchen Width 13.3
Primary on Main 106.155
Second Bedroom Length 10.11
Second Bedroom Width 10.5
Bedroom 3 Area 115.36
Bedroom 3 Length 10.3
Bedroom 3 Width 11.2
Dining Room Area 10.5 137.549999999
Dining Room Width 13.1
Living Room Area 355.77
Living Room Length 17.7
Living Room Width 20.1
Primary Bedroom Area 193.5
Primary Bedroom Length 12.9
Primary Bedroom Width 15
Dining Room Level Main
Bedroom 3 Level Main
Second Bedroom Level Main
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General
Sewer Public Sewer
Heating Forced Air Fireplace(s) Natural Gas
Cooling Central Air
Possession Close Plus 30 Days
Roof Asphalt
Appliances Refrigerator Oven/Range Dishwasher Microwave Washer Dryer
Garage Spaces 2
Association Fee Includes Other
Patio/Porch Features Patio Covered Porch
Architectural Style Raised Ranch
Construction Materials Frame Vinyl Siding Stone
Pets Allowed false
Year Built 2015
Township Garfield
Property Subtype Single Family Residence
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage Y
Subdivision Name Heritage Estates No 5
Garage Y/N Y
Other Structures None
Full Baths 2
Status New
Directions Zimmerman Road to Heritage Estates; left on S. Colonial Dr.
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 18730.8
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 218736
Virtual Tour https://show.tours/v/HKL8fhj
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description UNIT 154 HERITAGE ESTATES NO 5 CONDOMINIUM SUB NO 158 LIBER 1524 PAGES 198-232 SEC 18 T27N R11W
Freehold VOW BBO IDX
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Exterior
Exterior Amenities Sprinkler System Sidewalk Rain Gutters
Parking Features Asphalt Attached
Lot Features Level Sloped Landscaped Subdivided
Water Source Public
Lot Size Area 0.43
Foundation Details Poured Concrete
Number of Buildings 1
Spa N
Lot Dimensions 95x170
Lot Size Acres 0.43
Waterfront Y/N N
Road Responsibility Public Maintained Road
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

$3,346
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,346
Monthly Property Taxes
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Monthly Home Insurance
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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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/28/2026$530,000 Listed Price

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5055 S Colonial Drive, Traverse City, MI, 49685 is a Single Family Home for sale at $530,000 with 1,692 sqft and a lot size of 0.43. 5055 S Colonial Drive has 3 bedrooms, 2.0 baths, and was built in 2015. The property's zip code is 49685 which is in Traverse City, MI

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