Rare opportunity to own 1.17 acres with 102 feet of private frontage on the coveted north shore of Little Traverse Lake. With mature trees and an exceptional waterfront setting, this property offers an exciting opportunity to create your own Northern Michigan retreat on one of Leelanau County’s most treasured inland lakes. The property currently features a 1940 log cottage that offers a glimpse into the classic cottage era of Northern Michigan. The cottage includes a living room with stone fireplace, kitchen, two bedrooms, one bath, an additional sleeping room accessed from the screened-in porch, and an existing septic and drainfield serving the two-bedroom cottage. Whether re-imagining the nostalgic character of the existing cottage or envisioning a new lake home, the generous parcel and outstanding Little Traverse Lake frontage provide a remarkable canvas for the future. Ideally located between Leland and Glen Arbor, this remarkable setting is enhanced by protected Sleeping Bear Dunes Wilderness lies directly across the road, with the Good Harbor Bay Trail nearby for hiking and exploring the surrounding natural beauty. This is a rare chance to own a special stretch of Little Traverse Lake and create something uniquely your own. Property and existing cottage are being sold as-is, including dock and furnishings. Sellers have some personal items they will be removing prior to closing.
For sale
$949,000
276 E Traverse Lake Rd, Cedar, MI 49621
2beds
799sqft
Single Family Residence
Built in 1940
1.17 Acres Lot
$914,400 Zestimate®
$1,188/sqft
$-- HOA
What's special
Screened-in porchMature treesExceptional waterfront settingOne bathTwo bedrooms
- 2 days
- 1,274
- 121
Zillow last checked:
Listing updated:
Listed by:
Roger Schaub Cell:231-883-4644,
Schaub Team Premier Realty 231-674-5950
Source: NGLRMLS,MLS#: 1950124
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 123.99
- Dimensions: 13.17 x 9.42
Bedroom 2
- Level: Main
- Area: 85.45
- Dimensions: 8.92 x 9.58
Primary bathroom
- Features: Shared
Kitchen
- Level: Main
- Area: 112.85
- Dimensions: 10.83 x 10.42
Living room
- Level: Main
- Area: 237.85
- Dimensions: 19.42 x 12.25
Heating
- Baseboard, Fireplace(s)
Cooling
- Electric
Appliances
- Included: Refrigerator, Oven/Range, Microwave, Electric Water Heater
- Laundry: None
Features
- Beamed Ceilings, Cable TV, High Speed Internet
- Flooring: Laminate
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 799
- Total interior livable area: 799 sqft
- Finished area above ground: 799
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None, Gravel
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
- Exterior features: Rain Gutters, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Rocky Shoreline, Sandy Bottom
- Body of water: Little Traverse Lake
- Frontage type: Waterfront
- Frontage length: 102
Lot
- Size: 1.17 Acres
- Dimensions: 100 x 497 x 102 x 518
- Features: Level, Metes and Bounds
Details
- Additional structures: Shed(s)
- Parcel number: 4500301103100
- Zoning description: Residential,Critical Dune/Erosion
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Log, Block, Full Log
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: n/a
HOA
- Services included: None
Location
- Region: Cedar
Financial & listing details
- Price per square foot: $1,188/sqft
- Tax assessed value: $105,162
- Annual tax amount: $3,121
- Price range: $949K - $949K
- Date on market: 9/2/2026
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$914,400
$869,000 - $960,000
$2,860/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $949,000$1,188/sqft |
Source:  NGLRMLS #1950123 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,121 +7.4% | $315,400 +1.3% |
| 2024 | $2,907 +4.9% | $311,300 +2.1% |
| 2023 | $2,770 +3.4% | $304,800 +3% |
| 2022 | $2,679 +2.1% | $295,800 +31.7% |
| 2021 | $2,624 +17.8% | $224,600 -8.3% |
| 2020 | $2,227 | $244,900 +27% |
| 2019 | -- | $192,900 -6.9% |
| 2018 | -- | $207,100 -0.1% |
| 2017 | -- | $207,300 +0.1% |
| 2016 | -- | $207,100 +46.4% |
| 2015 | -- | $141,500 -1.5% |
| 2014 | -- | $143,600 -37% |
| 2013 | -- | $228,100 -9.7% |
| 2012 | -- | $252,600 -0.2% |
| 2011 | -- | $253,000 -0.1% |
| 2010 | -- | $253,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49621
Nearby schools
Schools provided by the listing agent
- Elementary: Leland Public School
- Middle: Leland Public School
- High: Leland Public School
- District: Leland Public School District
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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