Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4608 Avery Dr, Traverse City, MI, 49696

2beds
1baths
863sqft
$550,000
$637price/sqft
$3,477/moest. monthly cost
$139,080/yrincome needed

About This Home

Year-round Spider Lake cottage with 100 feet of private frontage in the desirable Lighthouse Cove area. Enjoy a quiet south-facing setting with beautiful lake views, a park-like yard, mature gardens, and easy access to the water, dock, and all-sports recreation. -------The home features cathedral ceilings, a durable metal roof, and a detached garage with an additional finished area perfect for guests, hobbies, or storage. A brand-new septic system is currently being installed, providing added value and peace of mind for the new owner. ------Spider Lake is just 10 miles from downtown Traverse City and offers easy access to the VASA Trail, Boardman River, snowmobile trails, golf, and countless Northern Michigan attractions. Whether you're looking for a year-round residence, vacation getaway, or investment property, this is a wonderful opportunity to own a premier waterfront property.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

7/10
7/10
East Middle SchoolGrades 6-84.3 mi
7/10
Central High SchoolGrades 8-128.3 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range
  • Laundry features: Lower Level

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

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

Features

  • Cathedral Ceiling(s)
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 863

Heating

  • Heating features: Wall Furnace,Propane

Interior Area

  • Total structure area: 863
  • Total interior livable area: 863 sqft

Kitchen

  • Area: 144

Living Room

  • Area: 180

Master Bathroom

  • Features: None

Master Bedroom

  • Area: 180

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 280310204500
  • Zoning description: Other

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Multi-Level Decking,Patio
  • Exterior features: Garden
  • On waterfront: Yes
  • Waterfront features: Inland Lake,All Sports,Lake
  • Waterbody name: Spider Lake
  • Frontage length: 100

Lot

  • Lot size: 0.50 Acres
  • Features: Wooded,Metes and Bounds
  • Lot size dimensions: 100 x 233

Parking

  • Total spaces: 2
  • Parking features: Detached,Gravel
  • 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 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 $2,781$33,372
Home Insurance *$123$1,476
Property Taxes $385$4,620
Electricity $188$2,259
Total$3,477$41,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,211/yr
40% on housing$104,310/yr
45% on housing$92,720/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

$637This listing

vs Other Active Listings

Avg $/sqft

ZIP 49696$261
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
2026-07-30Listed for sale$550,000
2020-01-07Listing removed$300,000
2019-06-05Listed for sale$300,000

For Sale by Agent

AgentKenneth Weaver
BrokerageBerkshire Hathaway Homeservices - TC

Similar Homes