Price Reduction - Waterfront
Address
1392 Valley Drive, Traverse City, MI
Price
$ 310,000
Property Attributes
  • MLS#80072287
  • TypeSingle Family
  • Listing Status Active
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaGarfield Twp
  • NeighborhoodSilver Pines Resort
  • Zip49685
  • StyleRanch
  • Year Built1980
  • Price$ 310,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage894
  • Lot Size0.45 Acres
Data Source:
MiRealSource (MIRS)
Property Description

There’s something special about finding a home that gives you the privacy and slower pace of Northern Michigan living without putting you far from everything Traverse City has to offer. Tucked into a private hillside setting just six miles from downtown, this 2-bedroom, 1-bath ranch is an easy place to settle in and enjoy. New flooring and a new roof take care of some of the big-ticket updates, while the full unfinished basement gives you the flexibility to add more living space in the future. The best part may be what happens once you step outside. A large front deck overlooks the peaceful setting, and just beyond the home you’ll find 50 feet of shared sandy-bottom frontage on Silver Lake. Whether it’s a morning swim, an afternoon on the water, or simply having a place to enjoy a Northern Michigan summer, the lake adds a lifestyle component that’s hard to recreate. You can move in and enjoy the home as it is, then take your time deciding how you want to use the lower level. It’s a property that offers something valuable in both directions, a home you can enjoy today and the opportunity to make it your own over time, all within a short walk to useable waterfront and an easy drive to downtown Traverse City.

Price History
8/13/2026 Listed $325,000
8/24/2026 5$310,000

General Features

Heating Forced Air
Kitchen Level Main
Possession Negotiable (Possession)
Garage Carport
Water Private Well
Appliances Dishwasher,Dryer,Microwave,Range/Oven,Washer
Status Active
Full Baths 1
Bathrooms 1
Year Built 1980
Subdivision Silver Pines Resort
Style Ranch
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Section 5
Associated Document Count 3
Status Active
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Utilities Cable Available
Manufactured Y/N No
Structure Style 1 Story
Area Garfield Twp (28005)
Primary City Traverse City
Directions East Silver Lake Rd,turn west on Silver Pines Rd,left on Valley Dr
City Traverse City
School District Traverse City Area Public School
Originating MLS Aspire North REALTORS
Source MLS MI Real Source
Financial Terms Cash,Conventional,FHA,VA
Legal Description LOTS 82 & 83 SILVER PINES RESORT
DOM 36
Postal Code 49685
Price Per Sq Ft Total AG 346.76

Interior Features

Interior Amenities Bay Window
Dining Room Level Main
Living Room Level Main
Basement Block,Egress/Daylight Windows,Unfinished
Bedroom 1 Level Main
Bedroom 2 Level Main
Laundry Room Level Lower
Kitchen Length 15
Living Room Length 11
Bedroom 2 Width 10
Dining Room Width 10
Bedroom 2 Length 11
Living Room Width 13
Beds 2
Fireplace? No
Bedroom 1 Length 12
Bedroom 1 Width 10
Below Grade SqFt 894
Above Grade SqFt 894
Basement Y/N No
Bedroom 2 Floor Covering Carpet
Total SqFt Finished 894

Exterior Features

Exterior Vinyl Siding
Exterior Amenities Deck
Frontage 50
Body of Water Silver Lake
Lot Size Area 0.45
Lot Dimensions 200 x 100
OUT BUILDINGS Shed
Water Features All Sports Lake,Waterfront,Shared Waterfront,Interior Lake
SEWER/SEPTIC Septic
Waterfront Y/N No
Frontage Type Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49685

Price
AVG $690K
$310K
Year Built
AVG 2003
1980
Visits
AVG 45
4
Data Provided by Inside Real Estate®

Areas We Cover