$799,000

940 N W Silver Lake Rd Traverse City, MI 49685

$9,488
Closing credit¹
2 beds
2 full
1,400 sqft
0.2 acres
$571 / sqft
House

Property details

About 940 N W Silver Lake Rd

Welcome Home to your Northern Michigan Lake Retreat. Whether it's just weekends or full time living, you will never tire of the Million Dollar views down the sparkling blue waters of all-sport 600 acre Silver Lake. Deep and dotted with islands, the lake is clean and the fishing is great. Your new home overlooks the best walleye hole on the lake! This updated cozy cottage will please your senses and relax your soul! As you walk out onto the lakeside private deck under the blue and white striped electric awning, you will have that up north feeling but actually you are just minutes from great restaurants and shopping. Walk down the steps to the 74 feet of sandy beach and relax on the shoreline deck flanked by a sand pit for play or dip your feet in the water off the Tri-Met dock. Listen for the loons, meet the ducks and swans as they swim by the dock. Time stands still and worries subside. This home is well maintained, maintenance free and move-in ready. Vinyl siding, metal roof and LVP flooring keep it simple. Updates include a Kinetico water system with pure R/O water for drinking, three ductless A/C units for zoned cooling, new picture windows framing the lake and Wolf composite decks and stairs. When family and friends visit there is ample parking for 7 vehicles. An open floor plan centers on the original granite fireplace and knotty pine kitchen cabinets reflect this cottage's past. It is rare for a Traverse City lake home to come to market and now you can make your own lifetime memories at Silver Lake!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
(New)
CoolingDuctless
Size1,400 sqft
Lot size0.21 Acres
Year built1930
ParkingConcrete,Private, Detached,Door Opener,Paved Driveway,Concrete Floors
MLS #1931392
Garage2 spaces
WaterfrontLake, All Sports, Water View, Private Dock, Sandy Bottom, Bluff, Public Lake, Sandy Shoreline
FireplaceFireplace(s), Insert, Wood

Summary

  • MLS Number: 1931392
  • MLS Name: NEBOARDMI
  • Office Name: KERMATH REALTY LLC
  • Office Phone: (734) 649-4903
  • Office Email: jeff@flatfeejeff.com
  • Listing Agent: JEFF KERMATH

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: 3/15/2025, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of house featuring a yard, a garage, metal roof, and driveway

$799,000

940 N W Silver Lake Rd

$9,488

closing credit¹

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0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$258,400$4,777
2023$161,400$-
2022$183,600$-
2021$161,400$-
2020$104,300$-
2019$95,100$-
2018$102,400$-
2017$102,100$-

History based on county public records data.

Nearby schools

4

Silver Lake Elementary School

Public District PK-5

0.4 mi

5858 Culver Rd

3

Blair Elementary School

Public District PK-5

2.7 mi

1625 Sawyer Rd

5

Long Lake Elementary School

Public District PK-5

3.8 mi

7600 N Long Lake Rd

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 $43,961. Most Traverse City, MI residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

34%
<35k
53%
35k-100k
10%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
12%
Single, with Kids
34%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • ArbysArbys
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • LincolnLincoln

What do the neighbors listen to?

  • CountryCountry
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 940 N W Silver Lake Rd

This home is located at 940 N W Silver Lake Rd in Traverse City, MI and zip code 49685. This 1,400 square foot home, which was built in 1930, sits on a 0.21 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $799,000.

While more than 6 listings in Traverse City, MI in February 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 28 were sold below. The number of listings in Traverse City, MI increased by 3.8% between January and February 2025. In February 2025, listings were on the market for 94 days. During the same period, the median list price in this real estate market was $453,309.

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

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