502 E Traverse Lake Rd is a 1,534 square foot house on a 0.94 acre lot with 1 bathroom. Based on Redfin's Cedar data, we estimate the home's value is $1,347,161.
Single-familyProperty Type
0.94 acresLot Size
$878Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,347,161
$126K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 106.4% higher than the average sale price ($653K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,185 (−63.4%)
2024
$5,978 (−23.7%)
2023
$7,839 (+4.9%)
2022
$7,476 (+38.3%)
2019
$5,404
Tax history for 502 E Traverse Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,185 (−63.4%)
2024
$5,978 (−23.7%)
2023
$7,839 (+4.9%)
2022
$7,476 (+38.3%)
2019
$5,404
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Building Style Type: Contemporary
Property Information
Living Sq. Ft: 1,534
Ground Floor Sq. Ft: 1,254
Building Sq. Ft: 1,534
Legal Description: PT GOVT LOTS 2 & 3 OF S 1/2 SEC 11 BEG SW COR SD GOVT LOT 3 ON SHR LITTLE TRAVERSE LAKE TH ALG SD SHR ELY 97.30 FT TH N 00 DEG 18' W 371.17 FT TH S 77 DEG 15' E 98.41 FT TH S 00 DEG 18' E 363.67 FT TO SD SHR & POB SUBJ TO EASE SEC 11 T29N R13W 0.94 A M/L
Parking & Garage Information
Garage/Parking Sq. Ft: 736
Lot Information
# of Buildings: 1
Land Sq. Ft: 40,946
Legal Lot Number: 432
Municipality Name: CLEVELAND TWP
Acres: 0.94
Zoning Code: TRVW
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,534
Stories: —
Lot Size: 0.94 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Leelanau County
APN: 003-011-046-00
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Leland Public School
Public PreK-12 • Assigned • 7.9mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 92° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Cedar, MI • 49621
Average low and high temperatures (°F)
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16
31
18
42
27
55
35
63
44
77
57
80
62
77
59
74
55
63
45
46
36
32
24
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Sun exposure
In this area, properties receive around 9.5 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.