Located in a fantastic neighborhood conveniently located between Traverse City and Suttons Bay, this home offers 230 feet of shared sandy frontage on West Grand Traverse Bay! With approximately 2,026 finished sq ft, it features 4 bedrooms, 2.5 baths—including a private primary suite—and a main floor living room and a lower-level family room, both with cozy wood-burning fireplaces. Additional features include newer Pella windows and doors, a natural gas furnace + heat pump/air conditioner, plenty of unfinished basement storage space, a dedicated workshop, and an extra-large attached 24x40 4+ car garage! Situated on a spacious 0.56-acre level lot, the property enjoys a large, fenced backyard with an underground sprinkler system, garden areas, and a rear composite deck. Located on a quiet, county-maintained paved road (no HOA dues here), it's just 7 miles from downtown Traverse City, plus, the sandy neighborhood beach is right across M-22, check it out!
E Lake Bluffs, Traverse City - SOLD
SOLD TRAVERSE CITY VACANT PARCEL
SOLD by Oltersdorf Realty LLC on 2/21/2025
E Lake Bluffs Drive, Traverse City, MI
$41,600 Ask Price
2024 Grand Traverse County Real Estate Market Report: Year-End Home Sales Data & Trends
2024 Grand Traverse County Real Estate Market Report: Year-End Home Sales Data & Trends
Looking for the latest 2024 Grand Traverse County real estate market trends? This comprehensive year-end home sales report provides in-depth insights into Traverse City home sales, pricing trends, and real estate market performance. Explore historical sales data, compare pricing changes, and discover what’s driving the Northern Michigan housing market.
2024 Grand Traverse County Home Sales Data & Market Trends
The 2024 real estate market in Grand Traverse County saw notable shifts in pricing and sales volume. Below, we break down the key data points for home sales between January 1, 2024, and December 31, 2024, while comparing trends from the past decade (2015-2023). This data includes sales across Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.
Key 2024 Grand Traverse County Home Sales Statistics:
Total Homes Sold: +0.38% Increase (compared to 2023)
Total Sales Volume: +6.04% Increase
Average Home Sales Price: +5.64% Increase
Median Home Sales Price: +6.04% Increase
Traverse City & Grand Traverse County Housing Market Insights
The Traverse City real estate market has remained strong, with steady growth in home values and increased buyer demand. Rising home prices in 2024 reflect market stability, while inventory levels continue to shape the housing landscape. Whether you’re a homebuyer, seller, or investor, understanding these real estate market trends is crucial for making informed decisions.
Historical Real Estate Market Comparison: 2015-2024
This Grand Traverse County housing market analysis includes data from the Northern Michigan Realtors MLS spanning 2004-2024. By comparing Traverse City real estate trends over the past decade, you can identify long-term growth patterns and market fluctuations.
Why This Data Matters for Homebuyers & Sellers
Sellers: Learn how rising home values can maximize your home sale profits.
Buyers: Understand market pricing trends to make informed home purchasing decisions.
Investors: Gain insight into Grand Traverse County real estate appreciation rates for better investment strategies.
Reliable Grand Traverse County Home Sales Data
This report is based on verified MLS data from the Northern Michigan Realtors. Note that undisclosed home sales and fractional ownership transactions are excluded to maintain data accuracy.
Need Expert Real Estate Advice? Contact Jonathan Oltersdorf Today!
For personalized insights into Grand Traverse County real estate, reach out to Jonathan Oltersdorf at Oltersdorf Realty, LLC.
📞 Phone: 231-271-7777
📧 Email: jonathan@oltersdorf.com
🌐 Website: www.oltersdorf.com
December 2024 Traverse City Business News Article
Check out my interview in the December 2024 Traverse City Business News discussing 2025 real estate trends and predictions! - Jonathan Oltersdorf
2025 Current Lake Michigan Water Levels
2025 Current Lake Michigan Water Levels
Lake Michigan Water Levels Down -10 Inches in Past 12 Months
After several years of Lake Michigan water levels holding steady we are now starting to see a noticeable drop in Lake Michigan / Grand Traverse Bay water levels in 2025 as they have decreased 10 inches from this time last year.
The United States Army Corps of Engineers collects and publishes current / past Lake Michigan water level data which is very important to many property owners in Leelanau County & Grand Traverse County who own real estate on Lake Michigan or Grand Traverse Bay. Their last reading took place on January 10, 2025.
January 10, 2025 578.02 feet
Difference from January 10, 2024: -10 inches
Difference from long term average: -6 inches
Difference from highest monthly average (2020): -43 inches
Difference from lowest monthly average (2013): +24 inches
Projected change in levels by Feb 10, 2025: - 1 inch
For more information on current & past historic records regarding the Great Lakes Water Levels please visit: http://www.lre.usace.army.mil/Missions/Great-Lakes-Information/Great-Lakes-Water-Levels/Water-Level-Forecast/Weekly-Great-Lakes-Water-Levels/
8485 S W Bay Shore Drive, Traverse City – SOLD
SOLD TRAVERSE CITY WATERFRONT HOME
LISTED & SOLD by Oltersdorf Realty LLC on 10/11/2024
8485 S W Bay Shore Drive, Traverse City, MI – Home with Pool & Direct Sandy Frontage on West Grand Traverse Bay!
$1,075,000 Ask Price
Picturesque panoramic views of Power Island are enjoyed from this year-round waterfront residence offering 3,125 finished sq ft and 62’ of direct sandy beach frontage on desirable West Grand Traverse Bay! Home features include an open great room with cathedral ceilings and breathtaking water views throughout, gas fireplace, separate living & family rooms, office/den, a cozy wood burning stove, new natural gas zoned hot water boiler (2024), and an attached 2+ car garage. Step outside to enjoy an incredible one of a kind in-ground waterside pool with spectacular views and a private sandy shoreline ideal for bonfires, swimming, and boating! Situated in a fantastic location just 6 miles north of Downtown Traverse City, a perfect setting for a year-round primary home, vacation retreat, or rental investment property!
2057 Arrowhead Drive, Traverse City – SOLD
SOLD TRAVERSE CITY RANCH HOME
LISTING SOLD by Oltersdorf Realty LLC on 9/25/2024
2057 Arrowhead Drive, Traverse City, MI – 5 Bedrooms, 3 Baths, 3,216 Sq Ft Walkout Ranch
$580,000
This is the Huron Hills home that you’ve been waiting for! Nestled in a prime location at the base of Old Mission Peninsula, this expansive 5-bedroom, 3-bathroom walkout ranch spans over 3,216 square feet, offering generous living spaces ideal for your entire family and guests. The main level features approximately 1,836 square feet of comfortable living, a spacious living room with vaulted ceilings and a cozy wood burning fireplace, 3 main floor bedrooms including a large main floor private master suite with a private balcony, main floor laundry, and an attached 2 car garage. Descend to the lower level and discover an enormous family room with a 2nd wood-burning fireplace and a walkout door, 2 additional bedrooms, a full bath, and a mechanical/storage room. Outside, enjoy the multi-level decking that overlooks a generous 0.39-acre wooded parcel, offering plenty of privacy amid mature hardwoods. This home is perfectly situated—close to everything yet tucked away in a quiet neighborhood just 2.5 miles from Downtown Traverse City, 0.8 miles to Eastern Elementary, Central High School, and NMC, 1.4 miles to East Bay Park Beach, and 1.7 miles to Bryant Park Beach!
7423 Westwind Road, Traverse City – NEW LISTING
Perfectly situated at the base of Old Mission Peninsula, this meticulously cared for 4-bedroom, 3.5-bath home offers approximately 4,645 sq. ft. of beautifully finished living space, complete with splendid year-round western facing sunset Bay Views! Enjoy endless summer fun in your own in-ground pool, the ultimate backyard retreat for cooling off and unwinding. Since 2018, this home has undergone a long list of impressive updates, including custom Amish built kitchen cabinetry, granite countertops & new appliances, Brazilian cherry hardwood floors, carpeting, full repainting of both the interior and exterior, new drain field, new automatic pool cover & pump, rim joist spray foam insulation, gutters, and so much more! This home is conveniently located on Old Mission - close to everything yet tucked away on a quiet private road just 1.3 miles from East Bay Boat Launch & 3.5 miles to Downtown Traverse City!
9645 E Walkabout Lane, Traverse City - SOLD
SOLD TRAVERSE CITY HOME
SOLD by Oltersdorf Realty LLC on 7/23/2024
9645 E Walkabout Lane, Traverse City, MI - 4 Bedroom, 3 bath, 4,000+ Sq Ft Walkout Ranch Home in desirable Outback Ridge!
$810,000
8535 Underwood Ridge, Traverse City - SOLD
SOLD OLD MISSION WATER VIEW HOME
SOLD by Oltersdorf Realty LLC on 4/25/2024
Buyer's Agent --> Jonathan Oltersdorf
8535 Underwood Ridge, Traverse City, MI – Old Mission Water View home featuring 4 bedrooms, 5 baths, 5,265+ finished sq ft, in-ground pool, 2.20 acres, and 500’ of shared sandy frontage on West Grand Traverse Bay!
$1,690,000
581 Georgeotwn Place #8, Traverse City, MI – SOLD
SOLD TRAVERSE CITY CONDOMINIUM
LISTING SOLD by Oltersdorf Realty LLC on 3/1/2024
581 Georgetown Place #8, Traverse City, MI – 3 Bedroom, 2 Bath Condominium Near Downtown
$313,000
This desirable townhouse style condo is located in a quiet and convenient development within 1.5 miles of downtown Traverse City, Munson Hospital, restaurants, shopping, and so much more! One of the best locations in the complex, this end-unit offers extra privacy abutting development open space. Step inside to the spacious living room/dining room which enjoys vaulted ceilings, a gas fireplace, and access to a large private deck overlooking a beautiful Dogwood tree and naturally landscaped commons. Home features include: 1,585 sq ft of finished living area, 3 bedrooms, 2 full baths, roomy kitchen with a pass-through breakfast bar and newer appliances, conveniently located laundry area off the main bedroom, upstairs loft sitting area or office offering flexibility for your lifestyle, zoned heating, a/c, a large storage room or potential workshop off the garage, 1 car attached garage, and an additional 1 car carport under the deck. Don’t miss this option for maintenance free living, low association dues, and a fantastic location on the edge of downtown close to everything that Traverse City has to offer!
2024 Current Lake Michigan Water Levels
2024 Current Lake Michigan Water Levels
Lake Michigan Water Levels Up +1 Inch in 12 Months
For the 4th year in a row the good news continues for many waterfront property owners on Lake Michigan as the most recent readings indicate that water levels are now holding steady and just +1 inches higher compared to this time in 2023 and -32 inches lower than this time in 2020! January 2020 - July 2020 saw record high water levels on Lake Michigan which caused massive investment in shoreline protection throughout Leelanau County and the region.
The United States Army Corps of Engineers collects and publishes current / past Lake Michigan water level data which is very important to many property owners in Leelanau County & Grand Traverse County who own real estate on Lake Michigan or Grand Traverse Bay. Their last reading took place on January 12, 2024.
January 12, 2024 578.90 feet
Difference from January 12, 2023: +1 inch
Difference from long term average: +5 inches
Difference from highest monthly average (2020): -32 inches
Difference from lowest monthly average (2013): +35 inches
Projected change in levels by Feb 12, 2024: -1 inches
For more information on current & past historic records regarding the Great Lakes Water Levels please visit: http://www.lre.usace.army.mil/Missions/Great-Lakes-Information/Great-Lakes-Water-Levels/Water-Level-Forecast/Weekly-Great-Lakes-Water-Levels/
15383 Dunn Drive, Traverse City - SOLD
JUST SOLD on Old Mission Peninsula! 😍 Buyer's Agents --> Vicky Oltersdorf & Jonathan Oltersdorf. Asking Price: $3,400,000 | 15383 Dunn Drive, Traverse City, MI - 5 Bedroom, 5 Bath, 5,572 sq ft new custom home built in 2023 with 102' of western facing frontage on West Grand Traverse Bay! Listing photos courtesy of listing agent Ann Porter.
3692 Delta Drive, Traverse City - SOLD
SOLD TRAVERSE CITY RANCH HOME
SOLD by Oltersdorf Realty LLC on 10/18/2023
3692 Delta Drive, Traverse City, MI. 4 Bedroom, 3 Bath, 2,592 sq ft walkout ranch in Grand Traverse County!
$399,900 (Ask Price)
Recently sold by Jonathan Oltersdorf (Buyer's Agent) | $399,900 Ask Price | 3692 Delta Drive, Traverse City, MI. 4 Bedroom, 3 Bath, 2,592 sq ft walkout ranch in Grand Traverse County! Photo courtesy of listing agent Jenn Frankhouse, Re/Max Bayshore.
8054 S W Bay Shore Drive, Traverse City – SOLD
SOLD TRAVERSE CITY WATERFRONT HOME
LISTING SOLD by Oltersdorf Realty LLC on 10/10/2023
8054 S W Bay Shore Drive, Traverse City, MI – Home with 100’ of Sandy Frontage on West Grand Traverse Bay!
$661,000
100 feet of private West Grand Traverse Bay sandy water frontage! Conveniently located just 6 miles north of Traverse City this attractive 3 bedroom, 1.75 bath home features wonderful unobstructed West Bay views, ~1,867 sq ft of finished living area, a large living room with a brick gas fireplace, main floor laundry, 562 sq ft lower level family room with large windows, additional 700 sq ft of unfinished basement/storage space, 2 car finished attached garage, storage shed, sprinkler system, low maintenance vinyl and brick exterior, and a Generac Generator. The oversized 0.54 acre parcel not only offers private water frontage but also a spacious fenced rear yard with generous privacy and a 365 sq ft composite deck perfect for outdoor gatherings!
1088 Lochmoor Lane, Traverse City - SOLD
SOLD OLD MISSION WATER VIEW HOME
SOLD by Oltersdorf Realty LLC on 10/2/2023
1088 Lochmoor Lane, Traverse City, MI - 4 Bedroom, 3.5 Bath, Water View Home with 300’ of Shared Access on West Grand Traverse Bay!
$1,220,000
10642 Shrewbury Street, Traverse City – SOLD.
Wonderful building site within the popular Morgan Farms Development located just minutes from Downtown Traverse City at the edge of Leelanau County! This cleared mostly parcel has a gentle slope up from the road which offers a variety of easy building options, is situated in a quiet location within a short walk/bike ride to the TART Trail, Hickory Meadows trail access, and the beaches & amenities of Downtown Traverse City! The association features underground utilities, private roads, and municipal sewer/water. Bring your builder and begin construction of your new Traverse City dream home!
2160 Kewaunee Drive, Traverse City – SOLD
SOLD TRAVERSE CITY 2 STORY HOME
LISTING SOLD by Oltersdorf Realty LLC on 8/11/2023
2160 Kewaunee Drive, Traverse City, MI – 4 Bedrooms, 3.5 Baths, 3,380 Sq Ft, Close to a Sandy Beach Access on East Bay!
Sold Price: $608,150
This exceptional home has been thoughtfully updated and sits on a generous 0.42 acre lot that backs to peaceful woods and NMC property, just a short walk away from a beautiful sandy beach park on East Grand Traverse Bay! With 4 bedrooms and 3.5 baths, this two-story home provides 2,400 finished sq ft of living area on the main and upper levels, plus an additional 980 sq ft in the finished basement. The main floor features a living room with a cozy wood-burning fireplace perfect for creating a warm and intimate ambiance as well as a main floor family room offering a gas fireplace for ease and convenience. The beautifully kitchen updated with newer stainless appliances and granite countertops will inspire your inner chef, while the formal and informal dining areas creates an inviting atmosphere for hosting memorable meals and gatherings. Retreat upstairs to the spacious master bedroom, complete with its own private bath and 5’ tiled shower, as well as 3 additional bedrooms and an additional hall full bath. Step outside onto the sprawling front and back brick paver patios, offering an exquisite space to host gatherings or savor quiet outdoor moments. The well-designed and low maintenance yard, complete with an efficient irrigation system, guarantees that your outdoor areas maintain their vibrancy and lushness with minimal upkeep required. This outstanding home is located within the city limits in a quiet, low-traffic neighborhood at the base of Old Mission Peninsula, offering you the perfect balance of city convenience and natural beauty. Don't miss out on the opportunity to make this extraordinary Traverse City residence your own!
9988 E Crain Hill Road, Traverse City – SOLD
Built in 2019, this custom one-owner home has been meticulously designed and cared for. With its ideal ranch layout and main floor living, it presents an excellent low maintenance alternative to a condo. Boasting 2,764 square feet of living space, this residence features a thoughtfully designed floor plan that maximizes both functionality and style. As you enter, you'll be greeted by the warmth of the gas fireplace in the living room, accentuated by vaulted ceilings and gorgeous 3/4" oak hardwood flooring. The open great room seamlessly blends into the island kitchen, complete with quartzite countertops and modern appliances, making it the perfect space for entertaining. The spacious main floor master suite is a true sanctuary, offering a free-standing soaking tub for relaxation and a glass shower. Custom tile work throughout the home adds a touch of elegance and sophistication. Step downstairs to the finished lower level, which includes a secret play area, 2nd kitchen, and ample space for recreation and relaxation. This property is not only aesthetically pleasing but also practical. With a 3-car attached garage, you'll have plenty of room for vehicles and storage. The SmartSide Lap siding ensures durability and low maintenance and 2 beautiful covered porches provide the perfect spots to enjoy the fresh air. Attention to detail is evident in every corner of this home, with custom woodwork throughout, showcasing exquisite craftsmanship. The high-efficiency furnace and central air conditioning provide year-round comfort, while the main floor laundry adds convenience to your daily routine. Outdoor enthusiasts will appreciate the fire pit and the professionally landscaped yard with irrigation, making it a true oasis. The property has a private well and sewer system, providing added peace of mind. Note: The lower level 4th bedroom is non-conforming. Situated just 5 miles from Downtown Traverse City, you'll enjoy easy access to shopping, dining, and entertainment options!
10373 S Western Hills Drive – SOLD
Welcome to this stunning 1999 Parade home that combines craftsmanship, design, and privacy. Located on a beautifully landscaped 1.80 acre lot at the end of a private cul-de-sac, enjoy year-round West Bay water views with a protected view corridor and immaculate manicured grounds. Step inside to discover a meticulously maintained interior spanning over 4,550 finished sq ft. The main level offers a living room with impressive 18-foot ceilings, Bay views, and a cozy gas fireplace. The kitchen boasts new black stainless appliances, a large island, accent lighting, and is perfect for preparing gourmet meals or entertaining guests. Inviting main level 4-season sunroom features vaulted wood ceilings, beautiful views, and its own heating zone. A main level master bedroom suite is complete with a walk-in closet, jet tub, and separate shower. Upstairs, you'll find a loft area, full bath and two additional bedrooms, each offering comfort and privacy. The lower level of the home features a family room with a wet bar, ideal for hosting gatherings or enjoying movie nights. There is also a non-conforming bedroom and workshop that could possibly be converted into a 4th or 5th bedroom, offering flexibility to suit your needs. Enjoy the luxury of a 3+ car attached garage, complete with a 2nd staircase to the lower level workshop. The 420 sq ft unfinished bonus room above the garage provides possibilities for a home gym, media room, or play area. Outside, you'll find several inviting areas to relax with a cover front porch and 2 composite rear decks that create ample space for outdoor entertaining. Additionally, a stamped cement patio offers a perfect spot for barbecues, evening cocktails, or a spot to enjoy a morning cup of coffee. Conveniently located just 5 miles from Traverse City & within walking distance to a public roadside park/beach on West Bay. Experience the best of Traverse City living, this home goes above and beyond!