This waterfront home on Lake Arbutus is a must see if you are looking to live with nature, experience serenity, have modern amenities, while maintaining that up north vibe. The original cottage has been updated and modernized, while preserving the character of the original space. This lovely waterfront property also features a brand new 2 car garage, completed in 2023 with quality materials and construction. Here, you have 1.48 acres sitting on a beautiful bluff allowing for stunning views of the lake, along with a staggering 495 feet of frontage. The Arbutus chain of lakes offers wildlife all around, and is the perfect place to take out your paddleboard, kayak, or boat, while being only a 20 minute drive to downtown Traverse City. This space has been created to rest in your home with comfort, enjoy the sunrise views, and have plenty of room to entertain your guests!
Sold for $925,000 on 05/15/24
$925,000
2207 Gibbs Rd, Traverse City, MI 49696
3beds
2,168sqft
Single Family Residence
Built in 1940
1.48 Acres Lot
$1,008,700 Zestimate®
$427/sqft
$3,731 Estimated rent
Home value
$1,008,700
$918,000 - $1.12M
$3,731/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 16, 2024 at 08:32am
Listed by:
Sam Flamont Cell:231-633-8326,
The Mitten Real Estate Group 231-421-1970
Bought with:
Sam Flamont, 6502431112
The Mitten Real Estate Group
Source: NGLRMLS,MLS#: 1921017
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 2
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Bedroom 3
- Level: Upper
- Area: 1554
- Dimensions: 14 x 111
Primary bathroom
- Features: Private
Kitchen
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Living room
- Level: Main
- Area: 361
- Dimensions: 19 x 19
Heating
- Baseboard, Fireplace(s)
Cooling
- Ductless, Electric
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Electric Water Heater
- Laundry: Main Level
Features
- Solarium/Sun Room, Ceiling Fan(s), High Speed Internet, WiFi, In-Law Floorplan
- Flooring: Carpet, Wood
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,168
- Total interior livable area: 2,168 sqft
- Finished area above ground: 2,168
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached, Paved, Concrete Floors, Asphalt, Shared Driveway
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio, Screened
- Exterior features: Balcony, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Sandy Bottom, Bluff (greater than 10ft), Deeded Easement
- Body of water: Arbutus Lake
- Frontage type: Waterfront
- Frontage length: 495
Lot
- Size: 1.48 Acres
- Dimensions: 495 x 130.24
- Features: Wooded-Hardwoods, Cleared, Wooded, Steep Slope, Bluff, Landscaped, Subdivided
Details
- Additional structures: Boat House, Second Garage
- Parcel number: 0326003000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Aluminum Siding, Steel
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2022
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & neighborhood
Community
- Community features: None
Location
- Region: Traverse City
- Subdivision: Arbutus Lake Subdivision
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,VA Loan
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $925,000-2.6%$427/sqft |
Source:  NGLRMLS #1921017 Report a problem | ||
| 4/11/2024 | Listed for sale | $950,000+137.5%$438/sqft |
Source: NGLRMLS #1921017 Report a problem | ||
| 5/24/2019 | Listing removed | $400,000$185/sqft |
Source: CENTURY 21 Northland #1857373 Report a problem | ||
| 5/15/2019 | Pending sale | $400,000$185/sqft |
Source: CENTURY 21 Northland #1857373 Report a problem | ||
| 2/24/2019 | Price change | $400,000+0.1%$185/sqft |
Source: CENTURY 21 Northland #1857373 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,147 +33.1% | $447,900 +11.2% |
| 2024 | $6,121 +22.6% | $402,700 +55.1% |
| 2023 | $4,992 +3.6% | $259,600 +33.7% |
Find assessor info on the county website
Neighborhood: 49696
Nearby schools
GreatSchools rating
- 7/10Cherry Knoll Elementary SchoolGrades: PK-5Distance: 4.3 mi
- 8/10East Middle SchoolGrades: 6-8Distance: 4.2 mi
- 9/10Central High SchoolGrades: 8-12Distance: 8.4 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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