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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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5157 Highland Dr , Traverse City, MI 49685
$365,000
Est. Payment: $1,878.02/mo
2 Bed
2 Bath
1056 Sqft
Status: active | Days on site: 18
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

Life is better at the lake! Delight in everything that beautiful Silver Lake, a 600-acre all-sports lake, has to offer with a pocket-sized beach conveniently located directly across the street and the public boat launch right around the corner! Whether your perfect day includes boating, fishing, kayaking, tubing, or simply relaxing by the water, this property offers an affordable opportunity to embrace the Northern Michigan lifestyle. This charming 2 bed, 1-1/2 bath ranch has been thoughtfully updated and is move-in ready! Featuring new flooring throughout, updated shower, paint, refinished kitchen cabinets, a woodstove fireplace insert and more. Outside, enjoy a paver patio, storage shed, chain-link fenced yard, bonfire pit, and plenty of room for entertaining after a day on the lake. Located 15 minutes from downtown Traverse City, you'll have easy access to shopping, dining, wineries, golf courses, hiking trails, and everything that makes this area one of Michigan's most sought-after destinations. In fall, venture on a stunning color tour every time you go for a drive. Thinking ahead to winter? Just imagine visiting one of three ski resorts within 40min, snowshoeing the hills behind the old state hospital, dining at the Mercato, then ending the day in front of the fireplace. Each season offers a uniquely magical experience. Whether you're searching for a year-round residence, Up North getaway, or investment opportunity, this Silver Lake gem is ready for its next adventure.

Highlights

Listed by Lance E Engel , 616-791-1500 Five Star Real Estate (Main) , 616-791-1500. MichRIC

Property Type

Residential

Lot/Acreage
0.35

Year Built

1969

County

Grand Traverse County

School District

Traverse City

Listing ID

26034839

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dryer, Microwave, Range, Refrigerator, Washer
Floor:Laminate,Tile
Basement:Crawl Space
Other:Master on Main
Other:Well

Exterior Features

Lot:Level,Lake
Roof:Composition,Shingle
Sewer:Septic Tank
Parking Features:Attached
Principal Interest
$1,878
Taxes
$333

Home Price

$365,000

Loan Details

30 yrs
6.668%

Down Payment

20%
$73,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,878.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,878.02 $332.58 $0.00 $2,210.60
Yearly $22,536.21 $3,991.00 $0.00 $26,527.21
Total $676,086.41 $119,730.00 $0.00 $795,816.41
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Traverse City, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-07-27T05:21:47.000Z

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