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4790 Sunset Ski Cv, Traverse City, MI, 49685

5beds
4baths
3,585sqft
$2,800,000
$781price/sqft
$20,759/moest. monthly cost
$830,360/yrincome needed

About This Home

Experience lakefront living with this 5 bedroom 3 1/2 bath waterfront retreat. The home is nestled on 1.39 acres with 150 feet of Silver Lake frontage and just minutes from the amenities of Traverse City. Silver Lake is known for its clear water, excellent boating, swimming, fishing, and year-round recreation. With desirable western exposure, you'll enjoy breathtaking sunsets from the covered lakeside deck. The main floor primary bedroom, kitchen and laundry add everyday ease, while the finished walkout lower level offers an additional three bedrooms and a spacious living/game area for guests, family, and friends. This property has been a short-term rental grossing 180-200K on average over the last 5 years.

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

8/10
Central Grade SchoolGrades PK-76.4 mi
8/10
West Senior HighGrades 9-125.1 mi
8/10
West Middle SchoolGrades 6-85.0 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Other
  • Roof: Asphalt
  • Construction materials: 2x6 Framing,Frame,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Water Softener Owned,Washer,Dryer,Freezer,Exhaust Fan,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Finished

Bedroom2

  • Level: Main
  • Area: 180

Bedroom3

  • Level: Lower
  • Area: 180

Bedroom4

  • Level: Lower
  • Area: 221

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Family Room

  • Level: Lower
  • Area: 551

Features

  • Entrance Foyer,Walk-In Closet(s),Pantry,Kitchen Island,Mud Room,Vaulted Ceiling(s),Drywall,Ceiling Fan(s),High Speed Internet
  • Window features: Blinds
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,345
  • Finished area above ground: 2,240

Heating & Cooling

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

Interior Area

  • Total structure area: 3,585
  • Total interior livable area: 3,585 sqft

Kitchen

  • Level: Main
  • Area: 224

Living Room

  • Level: Main
  • Area: 540

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Main
  • Area: 224

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 280200502103
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio,Covered,Porch
  • Exterior features: Sprinkler System
  • Has spa: Yes
  • Spa features: Hot Tub
  • On waterfront: Yes
  • Waterfront features: Inland Lake,Lake
  • Waterbody name: Silver Lake
  • Frontage type: Waterfront
  • Frontage length: 150

Lot

  • Lot size: 1.39 Acres
  • Features: Other,Landscaped
  • Lot size dimensions: 160 x 421 x 143 x 376

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Heated Garage,Plumbing,Concrete Floors,Asphalt,Concrete,Stone
  • Has garage: Yes
  • Attached garage spaces: 3

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 $14,158$169,896
Home Insurance *$628$7,536
Property Taxes $5,582$66,984
Electricity $391$4,692
Total$20,759$249,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$711,737/yr
40% on housing$622,770/yr
45% on housing$553,573/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

$781This listing

vs Other Active Listings

Avg $/sqft

ZIP 49685$257
Grand Traverse County$302

vs Homes Sold Last Month

Median $/sqft

ZIP 49685$303
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
2026-08-17Price change$2,600,000
2026-08-05Price change$2,700,000
2026-07-14Listed for sale$2,800,000

For Sale by Agent

AgentJEFF KERMATH
BrokerageKERMATH REALTY LLC

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