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1144 Magnolia Dr, Traverse City, MI, 49696

3beds
2baths
1,725sqft
$525,000
$304price/sqft
$3,234/moest. monthly cost
$129,360/yrincome needed

About This Home

Stunning new construction home featuring a bright, open-concept design and modern finishes throughout. The spacious kitchen offers quartz countertops, custom cabinetry, stainless steel appliances, and a large island that opens seamlessly to the living and dining areas—perfect for entertaining or everyday living. The primary suite includes a walk-in closet and private bath with dual vanity and tiled walk-in shower. Additional bedrooms provide comfortable space for guests, family, or a home office. Enjoy the covered back patio, attached two-car garage, and convenient main-floor laundry. The unfinished basement offers great potential for additional living space, storage, or future expansion. Move-in ready and thoughtfully designed for comfort, style, and functionality.One or more members of the selling LLC is a licensed Broker in the state of Michigan.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
7/10
East Middle SchoolGrades 6-83.1 mi
7/10
Central High SchoolGrades 8-126.1 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Poured Concrete
  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Oven/Range,Dishwasher,Microwave
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 143

Bedroom3

  • Level: Main
  • Area: 143

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 99

Features

  • Pantry,Kitchen Island,Cable TV,High Speed Internet,WiFi
  • Flooring: Carpet
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,725

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,725
  • Total interior livable area: 1,725 sqft

Kitchen

  • Level: Main
  • Area: 169

Living Room

  • Level: Main
  • Area: 234

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Main
  • Area: 195

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0274001500
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: Sprinkler System,Sidewalk
  • Has view: Yes
  • View description: Countryside View
  • Waterfront features: None

Lot

  • Lot size: 0.39 Acres
  • Features: Level,Landscaped
  • Lot size dimensions: 100 x 175

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete Floors,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 2

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 WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
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 $2,654$31,848
Home Insurance *$118$1,416
Property Taxes $274$3,288
Electricity $188$2,259
Total$3,234$38,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,880/yr
40% on housing$97,020/yr
45% on housing$86,240/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

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 49696$262
Grand Traverse County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 49696$282
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
2026-05-02Listed for sale$545,000
2026-05-02Listing removed$550,000
2026-04-17Listed for sale$550,000
2026-04-17Listing removed$550,000
2026-04-14Price change$550,000
2026-04-02Listed for sale$569,000
2026-04-01Listing removed$569,000
2026-03-17Listed for sale$569,000

For Sale by Agent

AgentDarrius Norton
BrokerageThe Mitten Real Estate Group

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