566 W Traverse Lake Road, Maple City, MI 49664

$335,000 Asking Price

2 beds
1 bath
588  sqft
Built in 1960

This may be your opportunity to own that cottage in the woods Up North that you’ve been dreaming of. The 2 bedroom, 1 bath cottage has been extensively overhauled in recent years including new windows, roof, well, generator irrigation and a thorough modernization of the interior while retaining the old cottage charm. It is situated on a wooded .8 acre parcel with a small creek that runs through it and a charming back yard with fire pit and a deck alongside the creek. The central Leelanau location is close to so many recreational opportunities including lake access on Little Traverse Lake, Good Harbor Beach, the Heritage bike trail and hiking trails are all within just a short walk or ride. And the property benefits from a commercial resort zoning designation, which allow unrestricted short term rentals. The current owners have enjoyed solid rental income with bookings all summer at $335/night.


Features & Amenities

Interior

General:
Cathedral/Vaulted Ceiling
Appliances:
Microwave,Range/Oven,Refrigerator
Basement:
Block
A/C:
Ceiling Fan(s)
Heating:
Natural Gas, Other-See Remarks
Fireplace:
Gas Fireplace, Fireplace

Exterior

General:
Wood, Deck,Lawn Sprinkler
Style:
Cottage
Other Structures:
Shed

Construction

General:
1 Story, Crawl

Location

Originating MLS:
Aspire North REALTORS
School District:
Leland Public School District
County:
Leelanau

Lot

Zoning:
Long Legal, See Associated Docs, 45-003-010-018-50

Utilities

Utilities:
Cable Available
Water:
Private Well
Sewer:
Septic

Financial

Source:
Aspire North REALTORS

This listing courtesy of:
Coldwell Banker Schmidt-Glen A, Peter J Fisher

About Maple City, MI

Housing

Number of Units
910
Median Home Value
$287,672
Median Rent
$720

6.01% of housing units are renter occupied.

27.42% are vacant.

Commute

Car
87.84%
Public Transportation
0.65%
Walk to Work
1.09%
Work from Home
9.60%
Other
0.82%

The median travel time to work is 24 minutes.

People

Population
1,539
Median Age
49.50
Median Household Size
2.52

Education

High School
22.74%
Associate’s Degree
8.29%
Bachelor’s Degree
29.05%
Graduate Degree
17.83%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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