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547 Hidden Ridge Dr, Traverse City, MI, 49686

4beds
3baths
2,760sqft
$998,000
$362price/sqft
$7,254/moest. monthly cost
$290,160/yrincome needed

About This Home

Stunning contemporary 2-story home on base of Old Mission Peninsula with 230 Ft. of shared East Bay frontage. Tastefully designed with contemporary feel, this home is loaded with all the right touches and finishes throughout. Island kitchen design with walk in pantry, nice dining area with easy access to composite deck area with hot tub and multiple seating areas and beautiful East Bay views, Bright & open living room that has 9 ft. ceilings & f/p, rich wood flooring flows throughout. Gracious primary suite with, walk-in closet & en-suite with tiled shower. Main floor laundry, and half bath for convenience. Upper level includes 3 additional bedrooms, nice bay views, full bath, 2nd laundry area and media area. Finished walk out level has family room with kitchenette. Heated finished 2+ car garage with water hook ups. Exceptional views are taken advantage from most rooms. Heated driveway, landscaping with irrigation. Shared beachfront offers nice sandy shoreline and frontage all ideally situated at the base of Old Mission Peninsula.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

7/10
Eastern Elementary SchoolGrades PK-51.1 mi
7/10
Central High SchoolGrades 8-121.3 mi
7/10
East Middle SchoolGrades 6-84.9 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Poured Concrete
  • Roof: Asphalt
  • Construction materials: Frame,Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Disposal,Dishwasher,Microwave,Washer,Dryer,Oven,Cooktop,Exhaust Fan,Humidifier
  • Laundry features: Main Level

Bedroom2

  • Level: Upper
  • Area: 121.2832

Bedroom3

  • Level: Upper
  • Area: 121.66

Bedroom4

  • Level: Upper
  • Area: 101.404

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 150

Family Room

  • Level: Lower
  • Area: 352

Features

  • Bookcases,Entrance Foyer,Walk-In Closet(s),Wet Bar,Pantry,Solid Surface Counters,Kitchen Island,Mud Room,Ceiling Fan(s),Cable TV,High Speed Internet
  • Flooring: Wood,Carpet
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,760

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,760
  • Total interior livable area: 2,760 sqft

Kitchen

  • Level: Main
  • Area: 225

Living Room

  • Level: Main
  • Area: 210

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Main
  • Area: 132.9412

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1151401300
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Covered
  • Exterior features: Sprinkler System,Sidewalk
  • Has spa: Yes
  • Spa features: Hot Tub
  • Has view: Yes
  • View description: Bay,Water,Bay View
  • Has water view: Yes
  • Water view: Water,Bay
  • On waterfront: Yes
  • Waterfront features: All Sports,Sandy Bottom,Lake
  • Waterbody name: East Bay
  • Frontage length: 230

Lot

  • Lot size: 0.83 Acres
  • Features: Sloped,Landscaped
  • Lot size dimensions: 80 x 132 x 257 x 293

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Paved,Heated Garage,Finished Rooms,Plumbing,Concrete Floors,Heated,Asphalt,Private
  • Has garage: Yes
  • Attached garage spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,046$60,552
Home Insurance *$377$4,524
Property Taxes $1,530$18,360
Electricity $301$3,612
Total$7,254$87,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$248,708/yr
40% on housing$217,620/yr
45% on housing$193,440/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$362This listing

vs Other Active Listings

Avg $/sqft

ZIP 49686$270
Grand Traverse County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 49686$274
Grand Traverse County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Price change$998,000
2026-06-04Price change$1,098,000
2026-05-20Listed for sale$1,190,000

For Sale by Agent

AgentLinda Schaub
BrokerageREO-TCRandolph-233022

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