4256 North Spider Lake Road, Traverse City

$699,900

202 N. First St.
Leland, MI    49654

(415 ) 254-1622
info@manitou-life.com

Listing is courtesy of Berkshire Hathaway Homeservices - TC
231-947-7777

• Number of Units: 2
• Square Feet: 1,456
• Acres: 0.43
• School District: Traverse City Area Public Schools
• Township: East Bay
• County: Grand Traverse
• Waterfront: Spider Lake
• Water Access: Private
• Frontage: 40 ft
• Property Type: False
• Garage: None
• Appliances: Refrigerator, Oven/Range
• Extras: Solarium/Sun Room, High Speed Internet, Cable TV

Rare Spider Lake waterfront investment opportunity featuring two separate, nicely updated cottages on a deep, level lot with a sandy beach and beautiful lake frontage. The property includes a 1-bedroom, 1-bath cottage and a 2-bedroom, 1-bath cottage with sunroom and large lakeside deck. Both cottages are comfortable and appealing, with mini-splits for efficient heating and cooling, and have an established rental history.------Well and Septic Inspection has been completed and passed by County for time of transfer------------- A major advantage is the property's Cabin Court designation by the township, making it exempt from local short-term rental restrictions—an increasingly valuable feature in the Traverse City area. This provides excellent flexibility for continued vacation rental use, owner occupancy combined with rental income, extended family use, or a waterfront retreat.----------- Offered turnkey with over $47K in recent upgrades, including furnishings, household goods, kayaks and much of what is needed to continue operating and enjoying the property from day one. Spider Lake is a highly desirable all-sports lake just minutes from downtown Traverse City. The property is also convenient to the VASA Trail, extensive state land, hiking, biking, ORV trails and year-round recreation. A unique opportunity to own two waterfront cottages with sandy frontage, proven rental potential and an outstanding Traverse City location.