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  • $1,825,000

    5302 Highland Dr, Traverse City, MI 49685

    4beds
    3,332sqft
    : 
    Single Family Residence
    Built in 2003
    0.65 Acres Lot
    $1,778,800 Zestimate®
    $548/sqft
    $-- HOA

    What's special

    Nestled along the shores of beautiful Silver Lake, this exceptional waterfront home offers the perfect blend of privacy, recreation, and unforgettable views. Silver Lake stretches roughly three and a half miles and is known for its beautiful shoreline, scenic peninsulas, and charming islands. Despite being a more intimate lake, it reaches depths close to 100 feet and is the fourth largest lake entirely within Grand Traverse County. The lake is well known as a recreational hotspot, offering excellent fishing, along with boating, swimming, and endless days enjoying life on the water. This remarkable four-bedroom, four-bath home features 100 feet of pristine frontage and an expansive backyard leading to a super-wide sandy beach—perfect for relaxing lakeside or entertaining family and friends. Just off the shoreline sits a charming tiki hut, an ideal place to enjoy your morning coffee or evening cocktails while taking in the stunning sunsets across the water. Designed for both comfort and gatherings, the home offers two expansive levels of decking, creating plenty of space for outdoor entertaining and soaking in the incredible lake views. Inside, the thoughtful layout includes a main-floor primary suite, while additional upstairs bedrooms feature breathtaking views of the lake. The lower level offers even more living space with the potential for a game room or entertainment area—perfect for watching the big game, playing pool or hosting guests. An additional bedroom and bathroom make the space comfortable and versatile. A gently sloping path from the deck leads down through the yard to the beach and water, creating a seamless connection between the home and the lake. The setting feels incredibly private—almost like your own personal oasis—while still providing the perfect depth of water for swimming, boating, and endless summer days. Whether you're seeking a peaceful retreat or a vibrant gathering place on the water, this Silver Lake property captures it all.
    32 days
    |
    2,024
    |
    54
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Molly Buttleman 231-463-6969,

    @properties Christie's Int'l 231-642-2363

    Source: NGLRMLS,MLS#: 1943002MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Great Room, Exercise Room
      Primary bedroom
      • Level: Main
      • Area: 219.24
      • Dimensions: 12.83 x 17.08
      Bedroom 2
      • Level: Upper
      • Area: 219.24
      • Dimensions: 12.83 x 17.08
      Bedroom 3
      • Level: Upper
      • Area: 221
      • Dimensions: 11.33 x 19.5
      Bedroom 4
      • Level: Lower
      • Area: 218.17
      • Dimensions: 12.83 x 17
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      Family room
      • Level: Lower
      • Area: 686.79
      • Dimensions: 25.92 x 26.5
      Kitchen
      • Level: Main
      • Area: 171.53
      • Dimensions: 15.83 x 10.83
      Living room
      • Level: Main
      • Area: 445.58
      • Dimensions: 25.58 x 17.42
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan
      • Laundry: Main Level
      Features
      • Entrance Foyer, Walk-In Closet(s), Pantry, Loft, Other, Granite Counters, Kitchen Island, Mud Room, Vaulted Ceiling(s), Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
      • Flooring: Wood, Luxury Vinyl Plank, Tile
      • Windows: Blinds
      • Basement: Full,Walk-Out Access,Interior Entry
      • Has fireplace: Yes
      • Fireplace features: Gas, Wood Burning
      Interior area
      • Total structure area: 3,332
      • Total interior livable area: 3,332 sqft
      • Finished area above ground: 2,397
      • Finished area below ground: 935
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage Door Opener, Concrete Floors, Asphalt, Private
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Multi-Level Decking, Covered
      • Exterior features: Sprinkler System, Other, Dock
      • Has spa: Yes
      • Spa features: Bath
      • Has view: Yes
      • View description: Water
      • Water view: Water
      • Waterfront features: Inland Lake, All Sports, Other, Sandy Bottom, Gradual Slope to Water, Sandy Shoreline
      • Body of water: Silver Lake
      • Frontage type: Waterfront
      • Frontage length: 101
      Lot
      • Size: 0.65 Acres
      • Dimensions: 100 x 285
      • Features: Wooded, Sloped, Landscaped
      Details
      • Additional structures: Boat House
      • Parcel number: 0505000900
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • 2x6 Framing, Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: Beacon Hills
      HOA
      • Services included: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $548/sqft
      • Tax assessed value: $364,675
      • Annual tax amount: $15,863
      • Price range: $1.8M - $1.8M
      • Date on market: 3/15/2026
      • Cumulative days on market: 32 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash,1031 Exchange
      • Ownership type: Private Owner
      • Road surface type: Asphalt
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        Estimated market value

        $1,778,800

        $1.69M - $1.87M

        $4,233/mo

        Price history

        Price history
        DateEventPrice
        3/15/2026Listed for sale$1,825,000+234.9%$548/sqft
        Source: NGLRMLS #1943002 Report a problem
        12/21/2012Sold$545,000-14.2%$164/sqft
        Source: NGLRMLS #1735295 Report a problem
        8/15/2012Price change$635,000-3.1%$191/sqft
        Source: FRANCISCO GROUP #1735295 Report a problem
        6/23/2012Price change$655,000-4.4%$197/sqft
        Source: FRANCISCO GROUP #1735295 Report a problem
        4/29/2012Listed for sale$685,000+242.5%$206/sqft
        Source: FRANCISCO GROUP #1735295 Report a problem
        9/12/2002Sold$200,000$60/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$15,863 +4.6%$635,800 +30.9%
        2024$15,168 +5.2%$485,700 +24.4%
        2023$14,414 +3.4%$390,400 +10.6%
        2022$13,945 +1.1%$353,000 -6.1%
        2021$13,796 $375,900 +10.8%
        2020-- $339,400 +7.8%
        2019-- $314,700 -10.9%
        2018-- $353,300 +5.2%
        2017-- $335,900 +4.9%
        2016-- $320,200 +15.3%
        2014-- $277,700 -10.6%
        2012-- $310,600 +0.1%
        2011-- $310,300 -2.7%
        2010-- $319,000 -6.6%
        2009-- $341,500 -1.1%
        2008-- $345,210 +17.2%
        2007-- $294,530 +99.7%
        2005-- $147,490 +47.5%
        2004-- $100,000 +53.8%
        2003-- $65,000 +13%
        2002-- $57,500
        2001-- $57,500 +36.9%
        2000-- $42,000

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $10,552/mo
        Principal & interest
        $9411
        Property taxes
        $1141
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          Climate risks

          Neighborhood: 49685

          Getting around

          0 / 100
          Car-Dependent
          18 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Long Lake Elementary School
          • Middle: Traverse City West Middle School
          • High: Traverse City West Senior High School
          • 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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