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Sold for $2,350,000
  • $2,350,000

    788 E Traverse Lake Rd, Cedar, MI 49621

    3beds
    4,290sqft
    Single Family Residence
    Built in 2005
    1.12 Acres Lot
    $2,349,900 Zestimate®
    $548/sqft
    $4,129 Estimated rent

    Home value

    $2,349,900

    Estimated sales range

    Not available

    $4,129/mo

    Zestimate® history
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    What's special

    Slate tileLower-level family roomQuiet canopy-lined roadSprawling waterside lawnRich maple floorsFull wet barLifetime-warranted metal roof
    LITTLE TRAVERSE LAKE – The quintessential lakeside retreat. This masterfully crafted 4,200-square-foot residence features three bedrooms, two and a half bathrooms, and generous living spaces inside and out. Completed in 2006 of UP-sourced pine, the home has been meticulously preserved as a seasonal escape by its original owners. The timeless materials honor the spirit of Northern Michigan: rich maple floors, slate tile, custom cherry cabinetry, and pine trim and doors —all shielded by a lifetime-warranted metal roof. The main living areas flow seamlessly toward the waterfront, while the lower-level family room features a full wet bar and walk-out access directly to the lakeside lawn. The property boasts 135 feet of sandy frontage with sought-after southern exposure, bathing the property in all-day sun and framing striking views across the lake and toward the recently protected Sugar Loaf Mountain. Little Traverse Lake remains one of Leelanau County’s hidden gems—a picturesque, spring-fed, all-sports lake at the base of Good Harbor Bay. Positioned equidistant to Leland and Glen Arbor, it offers effortless access to the very best of the peninsula. Arrive via a quiet, canopy-lined road where all the acreage across the street is protected National Lakeshore land, offering hiking trails and Lake Michigan beach access just three-quarters of a mile away. Desirable amenities round out this exceptional property, including a heated two-car garage with direct dual-floor access, expansive lakeside decks and patios, a sprawling waterside lawn, a 14'x14' garden shed, and a 16kw whole-house generator.

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Fisher Home:231-735-4405,

    Coldwell Banker Schmidt-Glen A 231-334-3006

    Bought with:

    Roger Schaub, 6501304308

    Schaub Team Premier Realty

    Source: NGLRMLS,MLS#: 1948668MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 238
    • Dimensions: 17 x 14
    Bedroom 2
    • Level: Lower
    • Dimensions: 10.25 x 15.25
    Bedroom 3
    • Level: Lower
    • Dimensions: 11.58 x 15.25
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Dimensions: 16.5 x 16.5
    Family room
    • Level: Lower
    • Dimensions: 34.67 x 23
    Kitchen
    • Level: Main
    • Dimensions: 17.25 x 15.5
    Living room
    • Level: Main
    • Dimensions: 22.67 x 19
    Heating
    • Forced Air, Natural Gas, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Oven, Cooktop, Exhaust Fan, Gas Water Heater
    • Laundry: Main Level
    Features
    • Cathedral Ceiling(s), Wet Bar, Pantry, Granite Bath Tops, Granite Counters, Solid Surface Counters, Kitchen Island, Mud Room, Ceiling Fan(s), Cable TV, High Speed Internet
    • Flooring: Wood, Tile, Carpet
    • Windows: Blinds
    • Basement: Full,Walk-Out Access,Finished Rooms,Egress Windows,Finished,Interior Entry
    • Has fireplace: Yes
    • Fireplace features: Gas, Wood Burning
    Interior area
    • Total structure area: 4,290
    • Total interior livable area: 4,290 sqft
    • Finished area above ground: 2,503
    • Finished area below ground: 1,787

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Heated Garage, Concrete Floors, Concrete, Gravel, Private
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio, Covered
    • Exterior features: Sprinkler System, Rain Gutters, Dock
    • Has view: Yes
    • View description: Water
    • Water view: Water
    • Waterfront features: Inland Lake, All Sports, Sandy Bottom, Vegetation to Water Edge, Lake
    • Body of water: Little Traverse Lake
    • Frontage type: Waterfront
    • Frontage length: 135
    Lot
    • Size: 1.12 Acres
    • Dimensions: 135' x 398' x 130' x 360'
    • Features: Wooded-Hardwoods, Level, Landscaped, Metes and Bounds
    Details
    • Additional structures: Shed(s)
    • Parcel number: 4500301105500
    • Zoning description: Residential,Outbuildings Allowed

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log Cabin
    • Property subtype: Single Family Residence
    Materials
    • Log, Full Log
    • Foundation: Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Private Sewer, Pump Back
    • Water: Private

    Community & HOA

    Community
    • Features: None
    • Security: Security System, Smoke Detector(s)
    • Subdivision: n/a
    HOA
    • Services included: None
    Location
    • Region: Cedar

    Financial & listing details

    • Price per square foot: $548/sqft
    • Tax assessed value: $400,784
    • Annual tax amount: $7,913
    • Price range: $2.4M - $2.4M
    • Date on market: 7/30/2026
    • Cumulative days on market: 62 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/30/2026Sold$2,350,000$548/sqft
    Source: NGLRMLS #1948668 Report a problem
    7/30/2026Listed for sale$2,350,000+944.4%$548/sqft
    Source: NGLRMLS #1948668 Report a problem
    9/25/1998Sold$225,000$52/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,913 +2.4%$1,022,200 +58.5%
    2025$7,726 +8.7%$645,100 +5.2%
    2024$7,108 +4.9%$613,400 +9%
    2023$6,778 +4.8%$562,800 +14.2%
    2022$6,468 +1.2%$493,000 +12.5%
    2021$6,392 +30.5%$438,300 -5.7%
    2020$4,899 $464,800 +14.5%
    2019-- $406,100 -5.8%
    2018-- $430,900 -0.3%
    2017-- $432,400 +0.3%
    2016-- $430,900 +37.4%
    2015-- $313,600 -4.4%
    2014-- $328,000 -17.5%
    2013-- $397,500 -2.1%
    2012-- $405,900 -0.4%
    2011-- $407,600 -0.1%
    2010-- $408,200
    Find assessor info on the county website

    Neighborhood: 49621

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.

    Sell for more on Zillow
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    $2,349,900
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    +$46,998
    With Zillow Showcase(estimated)
    $2,396,898
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,349,900
    2% more
    +$46,998
    With Zillow Showcase(estimated)
    $2,396,898