Little Traverse Lake â€" This classic cottage from by-gone days sits on 115’ of frontage on the desirable north shore, with Sleeping Bear Dunes National Lakeshore land directly across the street. The cottage is suitable for year around use and features a remodeled bath and kitchen, 2 cozy bedrooms and a large family room, all just steps from the water’s edge. You’ll love the park like setting and nicely wooded lot, and the southern exposure for all day sun. Other perks include a nearby hiking trail to Lake Michigan, an outdoor shower, the "Sleep Shack" for overflow guest, and other outbuildings for storage of boats and toys. Perfect for your summer getaway in Leelanau County, with strong rental potential to offset ownership costs. Selling mostly furnished.
Single-familyProperty Type
1961Year Built
0.27 acresLot Size
$861Est. Price/Sq.Ft.
1 car garageParking
Listed by Peter Fisher• Coldwell Banker Schmidt-Glen A
Listed by Shawn Schmidt• Coldwell Banker Schmidt-522
Bought with Sam Shimek• Coldwell Banker Schmidt-Glen A
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Refinance
$0
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Rent
$1,946/mo
Redfin rental estimate
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Market trends in 49664, MI
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
95.3%
0.9% MoM
Median sale price
$489K
$101K MoM
Avg. days on market
39d
0 days MoM
Recently sold homes
26
1 MoM
Provided by Redfin
Sale history for 519 W Traverse Lake Rd
Date
Event
Price
MiRealSource-MiMLS #1206921
Jun 30, 2021
Sold
$607,500
$526/sq ft
May 23, 2021
Listed
$559,000
$484/sq ft
Little Traverse Lake – This classic cottage from by-gone days sits on 115’ of frontage on the desirable north shore, with Sleeping Bear Dunes National Lakeshore land directly across the street. The cottage is suitable for year around use and features a remodeled bath and kitchen, 2 cozy bedrooms and a large family room, all just steps from the water’s edge. You’ll love the park like setting and nicely wooded lot, and the southern exposure for all day sun. Other perks include a nearby hiking trail to Lake Michigan, an outdoor shower, the "Sleep Shack" for overflow guest, and other outbuildings for storage of boats and toys. Perfect for your summer getaway in Leelanau County, with strong rental potential to offset ownership costs. Selling mostly furnished.
REALCOMP #78001206921
Jun 30, 2021
Sold
$607,500
$526/sq ft
May 23, 2021
Listed
$559,000
$484/sq ft
MiRealSource-MiMLS #1164752
Apr 7, 2017
Sold
$275,000
$238/sq ft
Aug 5, 2016
Listed
$297,500
$257/sq ft
Little Traverse Lake - 115’ frontage on north shore with Sleeping Bear Dunes National Lakeshore right across the street. Classic lakeside cottage from by-gone days, suitable for year around use with two bedrooms, updated bath, family room and right on the water. You’ll love the park like setting and nicely wooded lot, and the southern exposure enjoys all day sun. Several outbuildings for storage of boats, etc. Perfect for your summer home and has good rental potential.
REALCOMP #78001164752
Apr 7, 2017
Sold
$275,000
$238/sq ft
Aug 5, 2016
Listed
$297,500
$257/sq ft
Greater Lansing AoR #1156749
Aug 4, 2016
Listing Removed
—
Nov 10, 2015
Listed
$349,900
$303/sq ft
REALCOMP #78001156749
Aug 4, 2016
Listing Removed
—
Nov 10, 2015
Listed
$349,900
$303/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,311 (−79.1%)
2024
$6,275 (−13.6%)
2023
$7,264 (+4.9%)
2022
$6,924 (+82.8%)
2019
$3,787
Tax history for 519 W Traverse Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,311 (−79.1%)
2024
$6,275 (−13.6%)
2023
$7,264 (+4.9%)
2022
$6,924 (+82.8%)
2019
$3,787
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.