Off market jan 2026 for $325K

$474,900

Est. refi paymentEst. refi $2,224/mo

•

2 ba

•

1,568

sq ft

2557 5 Mile Rd, Traverse City, MI 49686

About this home

Beautiful home set back off of 5 mile road with open floor plan, spectacular tree views, large foyer, maple hardwood floors, custom maple cabinets in kitchen living room and bathroom, large kitchen island with eat-in bar, large master walk-in closet with built-ins and an ample amount of storage space throughout home. Exquisite exterior with fenced in garden, garden shed, grape vines, a cherry tree, hardwood and evergreen trees surrounding property, covered back patio, extensive stonework and landscaping, built-in fire pit, large walk out deck, great for entertaining or just relaxing! DonÃ¢â‚¬â„¢t let this opportunity pass you by!

Single-familyProperty Type

1996Year Built

1.42 acresLot Size

$303Est. Price/Sq.Ft.

2 car garageParking

Listed by JEFF KERMATH • KERMATH REALTY LLC

Bought with JEFF KERMATH • KERMATH REALTY LLC

Source:REALCOMP #77001172709

Listing provided courtesy of Realcomp MLS

Redfin Estimate

$474,900

$150K since sold in January 2026$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.5% higher than the average sale price ($438K) of 6 comparable homes.

SOLD AUG 14, 2026
$440,000
A
3 beds2 baths2,640 sq ft
2732 Hammond Highlands Dr, Traverse City, MI 49686
SOLD JUL 1, 2026
$415,000
B
3 beds2 baths1,691 sq ft
2675 Windcrest Ln, Traverse City, MI 49686
SOLD APR 6, 2026
$517,500
C
3 beds2 baths1,806 sq ft
4792 White Rd, Williamsburg, MI 49690-9223
SOLD JUN 26, 2026
$366,900
D
3 beds2.5 baths1,700 sq ft
2525 Five Mile Rd, Traverse City, MI 49686
SOLD FEB 4, 2026
$508,000
E
3 beds2 baths1,530 sq ft
3490 Holiday Village Rd, Traverse City, MI 49686
SOLD JUN 23, 2026
$379,900
F
3 beds2 baths1,719 sq ft
249 Peach Tree Dr, East Bay Township, MI 49896

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Earn from this home

Refinance

Est. cash available

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Rent

$2,359/mo

Redfin rental estimate

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Market trends in 49686, MI

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.3%

0.1% MoM

Median sale price

$437K

$37K MoM

Avg. days on market

51d

4 days MoM

Recently sold homes

140

7 MoM

New listings for sale

NEW 1 HR AGO
$420,000
3 beds1.5 baths2,400 sq ft
623 Sheridan Rd, Traverse City, MI 49686
(231) 946-4040
NEW 21 HRS AGO
$310,000
2 beds2 baths1,662 sq ft
2132 Vista View Dr, Traverse City, MI 49686
(231) 947-7777
NEW 23 HRS AGO
$350,000
3 beds2 baths1,352 sq ft
874 Crestwood Ln, Traverse City, MI 49686
NEW 23 HRS AGO
$350,000
3 beds2 baths1,352 sq ft
874 Crestwood Ln Lot : 42, Traverse City, MI 49686
(231) 947-9800
NEW 24 HRS AGO
$240,000
2 beds1.5 baths1,152 sq ft
3913 Emily Ln, Traverse City, MI 49686
(231) 331-4423
NEW 26 HRS AGO
$434,900
2 beds2 baths1,528 sq ft
1304 Terra Rd, Traverse City, MI 49686-9005
(231) 649-2116
FOR SALE BY OWNER
$134,900
3 beds2 baths— sq ft
2282 Treelane Dr, Traverse City, MI 49686
$460,000
4 beds2.5 baths2,647 sq ft
539 Terrace Dr, Traverse City, MI 49686
(231) 943-6145
$315,000
— beds— baths900 sq ft
2700 Pinebrook Rd, Traverse City, MI 49686
(231) 946-4040
$80,000
2 beds1 bath910 sq ft
1636 Crescent, Traverse City, MI 49686
(231) 947-9800
See all

Provided by Redfin

Sale history for 2557 5 Mile Rd

Date

Event

Price

Public Records

Jan 30, 2026

Sold

$325,000

$207/sq ft

Public Records

Jul 31, 2020

Sold

$279,000

$178/sq ft

MiRealSource-MiMLS #1172709

Sep 15, 2017

Sold

$230,000

$147/sq ft

Jun 16, 2017

Listed

$244,900

$156/sq ft

REALCOMP #77001172709

Sep 15, 2017

Sold

$230,000

$147/sq ft

Jun 16, 2017

Listed

$244,900

$156/sq ft

Greater Lansing AoR #1170879

Jun 15, 2017

Listing Removed

—

May 8, 2017

Listed

$255,000

$163/sq ft

REALCOMP #77001170879

Jun 15, 2017

Listing Removed

—

May 8, 2017

Listed

$255,000

$163/sq ft

Public Records

Jun 11, 2013

Sold

$184,000

$117/sq ft

Public Records

Aug 24, 2011

Sold

$185,000

$118/sq ft

Tax history for 2557 5 Mile Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 952

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Type: Forced Air

Exterior

Exterior Information
Exterior Wall: Wood Siding
Roof Shape Type: Gable

Property Information
Living Sq. Ft: 1,568
# of Stories: 1
Stories Type: 1
Legal Description: PART OF TH SW 1/4 OF TH NW 1/4, SEC 22, T27N, R10W, BEG AT TH W 1/4 COR OF SD SEC 22; TH S 89 DEG 27'44? E, 209.34 FT ALG TH E/W 1/4 LN OF SD SEC 22; TH N 00 DEG 32'16? E, 208.99 FT; TH N 76 DEG 22'30? E, 150.11 FT; TH N 12 DEG 26'27? W, 66.01 FT ALG TH C/L FIVE MILE ROAD; TH S 76 DEG 22'30? W, 349.63 FT; TH S 00 DEG 48'30? W, 224.50 FT ALG TH W LN OF SD SEC 22 TO TH POB

Lot Information
# of Buildings: 1
Land Sq. Ft: 61,855
Municipality Name: EAST BAY TWP
Acres: 1.42
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,568
Stories: 1.0
Lot Size: 1.42 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: —
County: Grand Traverse County
APN: 03-222-008-30

Home facts updated by county records on Sep 3, 2026

Around this home

Schools

Courtade Elementary School

Public PreK-5 • Assigned • 1.5mi

7/10

East Middle School

Public 6-8 • Assigned • 2.1mi

7/10

Central High School

Public 8-12 • Assigned • 4.7mi

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 94° 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 • 49686

Average low and high temperatures (°F)

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

$452,000 – $547,000

Sell confidently with a local market expert in Traverse City. 3 minutes to get started.

Nearby similar homes

$949,000

4 beds3 baths2,749 sq ft

5493 S Bates Rd, Williamsburg, MI 49690

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$800,000

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19 Tibbets Lake Ln, Traverse City, MI 49696

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4 beds3 baths3,550 sq ft

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2 beds1 bath832 sq ft

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NEW CONSTRUCTIONVIDEO TOUR

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New listings for sale in 49686

NEW 1 HR AGO

$420,000

3 beds1.5 baths2,400 sq ft

623 Sheridan Rd, Traverse City, MI 49686

(231) 946-4040

NEW 21 HRS AGO3D WALKTHROUGH

$310,000

2 beds2 baths1,662 sq ft

2132 Vista View Dr, Traverse City, MI 49686

(231) 947-7777

NEW 23 HRS AGO

$350,000

3 beds2 baths1,352 sq ft

874 Crestwood Ln, Traverse City, MI 49686

NEW 23 HRS AGO

$350,000

3 beds2 baths1,352 sq ft

874 Crestwood Ln Lot : 42, Traverse City, MI 49686

(231) 947-9800

NEW 24 HRS AGO

$240,000

2 beds1.5 baths1,152 sq ft

3913 Emily Ln, Traverse City, MI 49686

(231) 331-4423

NEW 26 HRS AGO

$434,900

2 beds2 baths1,528 sq ft

1304 Terra Rd, Traverse City, MI 49686-9005

(231) 649-2116

FOR SALE BY OWNER

$134,900

3 beds2 baths— sq ft

2282 Treelane Dr, Traverse City, MI 49686

$460,000

4 beds2.5 baths2,647 sq ft

539 Terrace Dr, Traverse City, MI 49686

(231) 943-6145

$315,000

— beds— baths900 sq ft

2700 Pinebrook Rd, Traverse City, MI 49686

(231) 946-4040

Home values near 2557 5 Mile Rd

Data from public records.

Address	Redfin Estimate
2626 5 Mile Road, Traverse City, MI - Beds \| 1 Baths \| 1472 Sq. Ft.	$184,155
2710 5 Mile Road, Traverse City, MI 2 Beds \| 1 Baths \| 1110 Sq. Ft.	$263,819

Address	Redfin Estimate
2583 5 Mile Road, Traverse City, MI 3 Beds \| 1.5 Baths \| 1752 Sq. Ft.	$414,922
2512 5 Mile Road, Traverse City, MI 4 Beds \| 2 Baths \| 2051 Sq. Ft.	$529,745

Address	Redfin Estimate
2697 5 Mile Road, Traverse City, MI 3 Beds \| 2 Baths \| 1004 Sq. Ft.	$385,368
2525 5 Mile Road, Traverse City, MI 3 Beds \| 2.5 Baths \| 1700 Sq. Ft.	$433,482

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