4256 North Spider Lake Road Traverse City, MI $ 720,000
4256 North Spider Lake Road
$ 720,000
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4256 North Spider Lake Road

Traverse City, MI, 49696
$ 720,000
Baths2.0 Sq 1,456

Monthly Estimate*

$ 4,546

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Studio

Multi-Family Home for sale in Traverse City, MI

for $720,000 with 2 full baths. This 1,456 square foot home was built in 1959 on a lot size of 0.43.

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.

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Multi-Family Active

Price

$ 720,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Cottage

Lot Size

0.43

Year Built

1959

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1950207

Features
Interior
Interior Amenities Solarium/Sun Room Cable TV High Speed Internet
Basement Crawl Space
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Entry Level 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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General
Sewer Private Sewer
Heating Wall Furnace Natural Gas
Cooling Ductless
Possession Negotiable
Roof Asphalt Metal
Appliances Refrigerator Oven/Range
Patio/Porch Features Deck
Architectural Style Cottage
Construction Materials Frame Wood Siding
Pets Allowed false
Year Built 1959
Stories Count 1
Township East Bay
Levels One
Property Subtype Multi Family
Waterfront Features Inland Lake Lake All Sports Sandy Shoreline
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Wildwood Park
Garage Y/N N
Other Structures Shed(s)
Rent Includes None
Status New
Directions Rasho Road South to N Spider Lake Rd homes on right.
City Traverse City
Body of Water Spider Lake
High School District Traverse City Area Public Schools
Zoning Description Residential
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 18730.8
Carport Y/N N
Home Warranty Y/N N
Ok to Lease Other
Lease Renewal Y/N N
Lease Considered Y/N N
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 219000
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description PART OF LOT 241 OF TH PLAT OF WILDWOOD PARK COMM NW LOT COR OF SD LOT 241 TH S 0 DEG 38' W ALG TH W LN OF SD LOT 260.30' TH S 89 DEG 48' E 67.2' TO TH SHORE OF SPIDER LAKE TH NELY ALG SD SHR TO TH E
Freehold VOW BBO IDX
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Exterior
Exterior Amenities Dock
Parking Features None
Water Source Private
Lot Size Area 0.43
Foundation Details Slab
Number of Buildings 2
Spa N
Lot Dimensions 93 x 251
Lot Size Acres 0.43
Road Surface Type Asphalt
Frontage Length 40
Frontage Type Waterfront
Waterfront Y/N Y
Horse Y/N N
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* Excluded Features
List By
Berkshire Hathaway Homeservices - Tc

Broker

Home: 231-668-6303

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$4,546
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Monthly Principal & Interest
$4,546
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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
9/3/2026$720,000 Listed Price

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4256 North Spider Lake Road, Traverse City, MI, 49696 is a Multi-Family Home for sale at $720,000 with 1,456 sqft and a lot size of 0.43. 4256 North Spider Lake Road is a studio with 2.0 baths and was built in 1959. The property's zip code is 49696 which is in Traverse City, MI