$4,928 Closing Credit¹
#1931710, Linda Schaub, Listing office: REO-TCRandolph-233022
$474,900 List price
3232 5 Mile Rd Traverse City, MI 49686
$5,639
Closing credit¹
3 beds
2 full
1,932 sqft
2.4 acres
$246 / sqft
House
Property details
About 3232 5 Mile Rd
Rare opportunity to own a prime 2.8 acres of land with a beautiful three level cabin perfect for vacation home or vacation rental property! Custom built by its original owner with floor to ceiling windows so the sun rises from the east and sets in to the living room window. Breathtaking views and natural ambiance. Tremendous amount of natural light. Too many positives to list, must come see for yourself. With ample space supported by easy access to hiking trails and waterfronts, enjoy seamless multi-seasonal living. Enjoy quick and easy access to Torch Lake / Traverse Bay / Lake Michigan during the Summer! Video Tour available! Inquire with your agent.
Highlights
Home typeSingle Family Residence
HeatingBaseboard, Electric
StatusActive
Size1,932 sqft
BasementYes
Lot size2.38 Acres
Year built1989
ParkingThree Car Garage, Detached
MLS #20250010475
Garage3 spaces
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Three Car Garage, Detached
- Architectural Style: Other
- Heating: Baseboard, Electric
- List Price: $474,900
- Price/SqFt: $245
- Annual Tax Amount: $3,243
- Tax Year: 2024
- Directions: Navigation
- Year Built: 1989
- Living Area: 1,932 SqFt
- Lot Size: 2.38 Acres
- MLS Number: 20250010475
- MLS Name: Realcomp II Ltd
- Office Name: Keller Williams Legacy
- Office Phone: (313) 752-0000
- Listing Agent: Rami H Ahmad, Ali D Hachem
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 4:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$474,900
3232 5 Mile Rd
$5,639
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $195,400 | $3,243 |
| 2023 | $130,600 | $- |
| 2022 | $142,500 | $3,089 |
| 2021 | $130,600 | $5,002 |
| 2020 | $123,300 | $4,899 |
| 2019 | $113,400 | $- |
| 2018 | $106,100 | $- |
| 2017 | $110,400 | $- |
History based on county public records data.
Nearby schools
6
Courtade Elementary School
Public District PK-5
2.2 mi
•1111 Rasho Rd
4
Cherry Knoll Elementary School
Public District PK-5
2.4 mi
•1800 3 Mile Rd N
4
Eastern Elementary School
Public District PK-5
4.1 mi
•1600 Eastern Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,578. Most Traverse City, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
15%
<35k
65%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
11%
Single, with Kids
32%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
47%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
Pro Wrestling
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
$4,596 Closing Credit¹
#1930823, Ginny Fey, Listing office: REO-TCFront-233021
$4,511 Closing Credit¹
#1931480, Betsy Hill, Listing office: Five Star Real Estate - Front St TC
$7,718 Closing Credit¹
#1932561, Jack Lane, Listing office: REO-TCRandolph-233022
$10,000 Closing Credit¹
#1927453, Jeremy Fenske, Listing office: REMAX Bayshore - W Bay Shore Dr TC
$8,883 Closing Credit¹
#78080057869, Kenneth C Weaver, Listing office: Berkshire Hathaway Homeservices - TC
Frequently asked questions
About 3232 5 Mile Rd
The listing price of 3232 5 Mile Rd property is $474,900.
The property 3232 5 Mile Rd is a house located in Traverse City, Michigan, 49686.
Active Listing: 3232 5 Mile Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3232 5 Mile Rd are: Courtade Elementary School (GreatSchools Rating 6/10), Cherry Knoll Elementary School (GreatSchools Rating 4/10), Eastern Elementary School (GreatSchools Rating 4/10), Traverse City East Middle School (GreatSchools Rating 6/10), Woodland School (GreatSchools Rating 8/10), Tcaps Montessori School (GreatSchools Rating 9/10), Grand Traverse Academy (GreatSchools Rating 8/10), Traverse City High School (GreatSchools Rating 2/10), Central High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,243 (source: MLS/based on county public records data).
The property at 3232 5 Mile Rd has 3 bedrooms and 2 bathrooms.
The property 3232 5 Mile Rd is 1,932 SqFt (source: MLS/tax record).
The year of construction for 3232 5 Mile Rd is 1989.
This home is located at 3232 5 Mile Rd in Traverse City, MI and zip code 49686. This 1,932 square foot home, which was built in 1989, sits on a 2.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $474,900.
Traverse City, MI housing market in May 2025 saw over 25 listings sold above listed price, more than 25 sold at listed price and over 48 sold below. In May 2025 in Traverse City, MI there were 24.4% more homes for sale than in April. While the average time on the market in May 2025 was 68 days, the median list price was $450,333.
From Rocket Homes Real Estate and based on county public records data.