$ 720,000
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$720,000
Price -
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Bed -
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SqFt
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About the Listing 61887 - NGL-T043383,NGL-T002717
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Range/Oven, Refrigerator
- Air Cond: Wall/Window A/C
- Heating: Wall Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private Well
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 93 x 251
- Zoning: Residential
- Roof:
- Others: Deck
- Sewer: Septic
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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4256 North Spider Lake Traverse City, MI 49696
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