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2175 N Us Highway 31 N, Traverse City, MI, 49686

6beds
4baths
3,270sqft
$2,550,000
$780price/sqft
$18,027/moest. monthly cost
$721,080/yrincome needed

About This Home

The golden sand beach of this East Bay home will have you feeling like you’re on vacation every day. The 106’ of private shoreline rivals the region’s best resorts. You will love the unobstructed views up the length of East Grand Traverse Bay from this spacious and well maintained home. The main floor features an open floor plan with a fireplace, beamed ceiling, updated kitchen, and direct access to a large deck. Rounding off the main floor is a laundry room, three bedrooms, two baths, and a den. Entertaining and hosting guests will be easy – upstairs you will find an additional kitchen, living area with fireplace, laundry room, two beds, and two baths. Large windows and glass doors on the water side of the home take full advantage of the views. This home is ideally situated on the east side of Traverse City and just a short drive to downtown, horse shows, Cherry Capital Airport, Old Mission Peninsula, and all that the region has to offer.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
61
BikeBikeable

Schools

7/10
7/10
East Middle SchoolGrades 6-82.7 mi
7/10
Central High SchoolGrades 8-123.1 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Asphalt
  • Construction materials: Timber Frame,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Dishwasher,Washer,Dryer
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 4

Dining Room

  • Level: Main

Family Room

  • Level: Upper

Features

  • Kitchen Island,Cable TV,High Speed Internet
  • Flooring: Wood,Tile,Carpet
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,270

Heating

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

Interior Area

  • Total structure area: 3,270
  • Total interior livable area: 3,270 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0379100052
  • Zoning description: Commercial

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • On waterfront: Yes
  • Waterfront features: Sandy Bottom,Gradual Slope to Water,Sandy Shoreline
  • Waterbody name: Grand Traverse Bay
  • Frontage type: Waterfront
  • Frontage length: 106

Lot

  • Lot size: 0.57 Acres
  • Features: Level,Subdivided
  • Lot size dimensions: 106 x 259 x 103 x 247

Parking

  • Parking features: None,Asphalt

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
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
Hail
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 $12,894$154,728
Home Insurance *$963$11,556
Property Taxes $3,814$45,768
Electricity $356$4,280
Total$18,027$216,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$618,068/yr
40% on housing$540,810/yr
45% on housing$480,720/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

$780This listing

vs Other Active Listings

Avg $/sqft

ZIP 49686$261
Grand Traverse County$302

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
2024-10-31Price change$2,550,000
2024-10-28Price change$2,350,000
2023-11-14Price change$2,550,000
2023-06-21Listed for sale$2,850,000
2013-10-02Sold$375,000

For Sale by Agent

AgentDonald Fedrigon
BrokerageREMAX Of Elk Rapids

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