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$585,000

542 Island View Dr Traverse City, MI 49696

2 beds
1 full
1,014 sqft
0.3 acres
$577 / sqft
House

Property details

About 542 Island View Dr

This charming year-round home on Island Lake has been extensively renovated and offers the perfect blend of “Up North” character and comfort, just minutes from downtown Traverse City. Enjoy your own private sandy beach and peaceful lake views from the spacious lakeside deck—ideal for relaxing or entertaining. Inside, beamed ceilings and a cozy fireplace create a warm and inviting atmosphere, while three sliding glass doors seamlessly bring the outdoors in and fill the space with natural light. A 24x24 heated garage and additional storage shed provide plenty of space for the water toys. Tucked away in a quiet area with four seasons of recreation at your fingertips, this property is a rare find for those seeking natural beauty and convenience.

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Wall Furnace
StatusActive
(Active U/C Taking Backups)
CoolingDuctless
Size1,014 sqft
Lot size0.3 Acres
Year built1971
ParkingGravel,Private, Detached,Door Opener,Heated,Finished Rooms,Concrete Floors
MLS #1935542
Garage2 spaces
WaterfrontPrivate Frontage, All Sports, Sandy Bottom, Private Lake, Sandy Shoreline
FireplaceFireplace(s), Wood

Summary

  • Full Bathrooms: 1
  • Appliances: Refrigerator, Oven/Range, Microwave, Water Softener, Washer, Dryer, Ceiling Fan(s), Electric Water Heater
  • Interior: Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Loft, Granite Bath Tops, Granite Kitchen Tops, Mud Room, Workshop, Beamed Ceilings
  • Fireplace: Fireplace(s), Wood
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Gravel,Private, Detached,Door Opener,Heated,Finished Rooms,Concrete Floors
  • Waterfront: Private Frontage, All Sports, Sandy Bottom, Private Lake, Sandy Shoreline
  • Exterior: Deck,RV Parking, Vinyl
  • Architectural Style: 1.5 Story
  • Heating: Baseboard, Wall Furnace
  • Cooling: Ductless
  • List Price: $585,000
  • Price/SqFt: $576
  • Annual Tax Amount: $3,018
  • Tax Year: 2024
  • Lot: Wooded, Sloped
  • Directions: Supply Rd east to right on Island Lake Rd to left on Island View Dr. House will be on the right.
  • Year Built: 1971
  • Living Area: 1,014 SqFt
  • Lot Size: 0.3 Acres
  • MLS Number: 1935542
  • MLS Name: TAAR
  • Office Name: Viewpoint Realty
  • Office Phone: (231) 357-3265
  • Listing Agent: Matthew Geib

Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 11:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$186,700$3,018
2023$123,100$-
2022$136,000$2,814
2021$123,100$2,741
2020$120,200$2,690
2019$114,200$-
2018$116,300$-
2017$115,500$-

History based on county public records data.

Nearby schools

6

Courtade Elementary School

Public District PK-5

3.6 mi

1111 Rasho Rd

4

Cherry Knoll Elementary School

Public District PK-5

6.1 mi

1800 3 Mile Rd N

6

Mill Creek Elementary School

Public District PK-5

6.1 mi

9039 Old M 72

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $69,522. Typical income of Traverse City, MI residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
55%
35k-100k
27%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
5%
Single, with Kids
41%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
51%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 542 Island View Dr

The listing price of 542 Island View Dr property is $585,000.

The property 542 Island View Dr is a house located in Traverse City, Michigan, 49696.

Active Listing: 542 Island View Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 542 Island View Dr are: Courtade Elementary School (GreatSchools Rating 6/10), Cherry Knoll Elementary School (GreatSchools Rating 4/10), Mill Creek Elementary School (GreatSchools Rating 6/10), Woodland School (GreatSchools Rating 8/10), Traverse City East Middle School (GreatSchools Rating 6/10), Forest Area Middle School (GreatSchools Rating 3/10), Grand Traverse Academy (GreatSchools Rating 8/10), Traverse City High School (GreatSchools Rating 2/10), Forest Area High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $3,018 (source: MLS/based on county public records data).

The property at 542 Island View Dr has 2 bedrooms and 1 bathroom.

The property 542 Island View Dr is 1,014 SqFt (source: MLS/tax record).

The year of construction for 542 Island View Dr is 1971.

This home is located at 542 Island View Dr in Traverse City, MI and zip code 49696. This 1,014 square foot home, which was built in 1971, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $585,000.

In June 2025, from all listings sold in Traverse City, MI there were more than 28 sold above asking price, over 56 sold below and more than 34 were sold right at the asked price. The number of homes for sale in Traverse City, MI increased by 12.7% between May and June 2025. Listings spent 60 days on the market in June 2025, and had a median list price of $445,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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