Come be captivated by the amazing water views, plus a fantastic investment opportunity in a prime short-term rental zone! Located across from picturesque, all sports Silver Lake and just moments from downtown Traverse City. This charming 1.5-story gem has been 100% renovated in 2026; All NEW construction. Featuring all new stainless appliances, 2 sweet bedrooms (with an easy potential third upstairs), 2 gorgeous baths, a huge island kitchen with quartz tops, luxury vinyl flooring throughout with hardwood stairs. Lounge on the exterior decks and enjoy stunning sunsets over Silver Lake. All this is sitting on a 1/2 acre. New A/C, nat gas, new furnace, .. .it's all brand new!!! Don’t let this incredible opportunity slip away—make it yours today!
Sale and tax history for 393 S East Silver Lake Rd
Sale History
Tax History
Date
Event
Price
REALCOMP #78080075407
Nov 14, 2026
Listed
$625,000
$436/sq ft
Come be captivated by the amazing water views, plus a fantastic investment opportunity in a prime short-term rental zone! Located across from picturesque, all sports Silver Lake and just moments from downtown Traverse City. This charming 1.5-story gem has been 100% renovated in 2026; All NEW construction. Featuring all new stainless appliances, 2 sweet bedrooms (with an easy potential third upstairs), 2 gorgeous baths, a huge island kitchen with quartz tops, luxury vinyl flooring throughout with hardwood stairs. Lounge on the exterior decks and enjoy stunning sunsets over Silver Lake. All this is sitting on a 1/2 acre. New A/C, nat gas, new furnace, .. .it's all brand new!!! Dont let this incredible opportunity slip away-make it yours today!
MiRealSource-MiMLS #80075407
Nov 14, 2026
Listed
$625,000
$436/sq ft
MiRealSource-MiMLS #80007469
Oct 16, 2023
Pending
—
Sep 6, 2023
Sold
$275,000
$192/sq ft
Aug 26, 2023
Contingent
—
Jun 8, 2023
Listed
$299,000
$209/sq ft
REALCOMP #78080007469
Oct 16, 2023
Pending
—
Sep 6, 2023
Sold
$275,000
$192/sq ft
Aug 26, 2023
Contingent
—
Jun 8, 2023
Listed
$299,000
$209/sq ft
Water view, great rental history and located in an allowable short-term rental zone! Across from Silver Lake and just minutes from Downtown Traverse City, this 1 1/2 story - 3 bedroom/1 bath includes a large detached garage and 1.43 acres. Amazing income potential. Short-term rental income on this property (in our opinion and to the best of our knowledge) could be $30K+ annually. Possible land contract/PMM option available.
Public Records
Aug 19, 2021
Sold
$215,000
$150/sq ft
Public Records
Mar 2, 1998
Sold
$50,800
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,606 (+2.7%)
2024
$4,486 (+29.4%)
2023
$3,465 (+5.0%)
2022
$3,300 (+181.2%)
2021
$1,174 (+1.0%)
2020
$1,162 (+0.4%)
2019
$1,157 (+68.8%)
2006
$685
Public record
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.43 Acres
Year renovated
—
Finished Sq. Ft.
712
Unfinished Sq. Ft.
—
Total Sq. Ft.
712
Year built
1900
Style
Single Family Residential
County
Grand Traverse County
APN
02-005-017-20
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2026.
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 93° 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 • 49685-9342
Average low and high temperatures (°F)
26°
15°
31°
16°
43°
26°
55°
34°
64°
43°
77°
56°
81°
62°
77°
57°
72°
52°
62°
43°
45°
33°
31°
22°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 12% for direct sun exposure in Traverse City. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 393 S East Silver Lake Rd
$616,557
$8,443 under list price of $625K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $367K to $440K.