This waterfront home on Lake Arbutus is a must see if you are looking to live with nature, experience serenity, have modern amenities, while maintaining that up north vibe. The original cottage has been updated and modernized, while preserving the character of the original space. This lovely waterfront property also features a brand new 2 car garage, completed in 2023 with quality materials and construction. Here, you have 1.48 acres sitting on a beautiful bluff allowing for stunning views of the lake, along with a staggering 495 feet of frontage. The Arbutus chain of lakes offers wildlife all around, and is the perfect place to take out your paddleboard, kayak, or boat, while being only a 20 minute drive to downtown Traverse City. This space has been created to rest in your home with comfort, enjoy the sunrise views, and have plenty of room to entertain your guests!
Single-familyProperty Type
1940Year Built
1.48 acresLot Size
$531Est. Price/Sq.Ft.
3 car garageParking
Listed by Sam Flamont• The Mitten Real Estate Group
•231-421-1970 (broker)
•jennifer@themittengroup.com (broker)
Bought with Sam Flamont• The Mitten Real Estate Group
This waterfront home on Lake Arbutus is a must see if you are looking to live with nature, experience serenity, have modern amenities, while maintaining that up north vibe. The original cottage has been updated and modernized, while preserving the character of the original space. This lovely waterfront property also features a brand new 2 car garage, completed in 2023 with quality materials and construction. Here, you have 1.48 acres sitting on a beautiful bluff allowing for stunning views of the lake, along with a staggering 495 feet of frontage. The Arbutus chain of lakes offers wildlife all around, and is the perfect place to take out your paddleboard, kayak, or boat, while being only a 20 minute drive to downtown Traverse City. This space has been created to rest in your home with comfort, enjoy the sunrise views, and have plenty of room to entertain your guests!
REALCOMP #78080016372
May 15, 2024
Sold
$925,000
$427/sq ft
Apr 18, 2024
Contingent
—
Apr 11, 2024
Listed
$950,000
$438/sq ft
Greater Lansing AoR #1187809
May 24, 2019
Sold
$370,000
$171/sq ft
May 24, 2019
Sold
$370,000
$171/sq ft
Feb 18, 2019
Listed
$400,000
$185/sq ft
Feb 18, 2019
Listed
$400,000
$185/sq ft
REALCOMP #78001187809
May 24, 2019
Sold
$370,000
$171/sq ft
Feb 18, 2019
Listed
$400,000
$185/sq ft
Greater Lansing AoR #1180978
Jan 31, 2019
Listing Removed
—
Jan 31, 2019
Listing Removed
—
May 21, 2018
Listed
$399,500
$184/sq ft
REALCOMP #78001180978
Jan 31, 2019
Listing Removed
—
May 21, 2018
Listed
$399,500
$184/sq ft
Public Records
May 26, 2000
Sold
$230,000
$106/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,062 (+146.3%)
2024
$8,147 (+33.1%)
2023
$6,121 (+22.6%)
2022
$4,992 (+3.6%)
2021
$4,818 (−39.4%)
2020
$7,954 (+11.4%)
2019
$7,137
Tax history for 2207 Gibbs
Year
Property tax
Land + Additions
Assessment*
2025
$20,062 (+146.3%)
2024
$8,147 (+33.1%)
2023
$6,121 (+22.6%)
2022
$4,992 (+3.6%)
2021
$4,818 (−39.4%)
2020
$7,954 (+11.4%)
2019
$7,137
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Directions: Hobbs Hwy to Gibbs Rd follow for about a 1/2 mile. Shared driveway on right hand side. Address marker shaped like a leaf on tree in front of drive. Follow to end of road.
Municipality: East Bay Twp
Mail City: Traverse City
Subdivision: Arbutus Lake Subdivision
Municipality: East Bay Twp
Area (Municipality): East Bay Twp (28003)
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,260
Stories: 1.0
Lot Size: 1.48 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: —
County: Grand Traverse County
APN: 03-260-030-00
Home facts updated by county records on Sep 3, 2026
Other
Listing Information
Originating MLS: Aspire North REALTORS
Around this home
Schools
Cherry Knoll Elementary School
Public PreK-5 • Assigned • 4.3mi
7/10
East Middle School
Public 6-8 • Assigned • 4.3mi
7/10
Central High School
Public 8-12 • Assigned • 8.4mi
7/10
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
0.31% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 95° expected this year, 14 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, 1 days in 30 years
Provided by First Street
Historical weather
Traverse City, MI • 49696
Average low and high temperatures (°F)
25
14
31
16
43
26
55
34
63
42
76
56
80
61
76
57
74
53
62
43
45
34
32
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.09M – $1.32M
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