10481 S Monaco Way
Traverse City, MI, 49684 $ 1,125,000
Bedrooms4 Baths4.1 Sq 3,126 Monthly Estimate*
$ 7,103
Single Family Home for sale in Traverse City, MI
for $1,125,000 with 4 bedrooms and 4 full baths, 1 half bath. This 3,126 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.
See more
FeaturesInteriorInterior Amenities Spa/Jetted Tub
Dining Room Level Main
Basement Finished Full Partially Finished Walk Out
Bedroom 3 Level Upper
Bedroom 1 Level Main
Bedroom 2 Level Upper
Beds 4
See more
GeneralHeating Forced Air
Kitchen Level Main
Cooling Central A/C
Possession Negotiable (Possession)
Fireplaces Gas Fireplace
Garage Attached Garage
Water Private Well
Appliances Dishwasher Disposal Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 4
Half Baths 1
Bathrooms 5
Year Built 1998
Parking Garage
Subdivision La Riviera West MI
County Leelanau
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Elmwood Twp
Section 17
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
Structure Style 2 Story
Area Elmwood Twp (45004)
Primary City Traverse City
Directions M-22 to San Remo Blvd to Monaco Way.
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional
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 TH
DOM 10
Postal Code 49684
Price Per Sq Ft Total AG 359.88
Public Remarks 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
See more
ExteriorExterior Wood
Exterior Amenities Deck Patio Sidewalks
Frontage 550
Body of Water Grand Traverse Bay
Lot Size Area 2
Lot Dimensions See survey
Water Features All Sports Lake Waterfront Shared Waterfront Great Lake Sandy Bottom
Waterfront Y/N No
Frontage Type Water
See more
* Excluded FeaturesList ByJennifer HastingsListing Agent
Blue Lakes Real Estate Group Tc LlcBroker
jennifer@bluelakesrealtors.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
3769590 Elementary School
3769595 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/3/2026 | $1,125,000 | -6.25% | Price Down |
| 8/2/2026 | $1,200,000 | | Listed Price |