Address
4323 Balsam Circle, Traverse City, MI
Price
$ 650,000
Property Attributes
  • MLS#80070268
  • TypeSingle Family
  • Listing Status Active
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaEast Bay Twp
  • NeighborhoodPinewood Shores
  • Zip49696
  • StyleRanch,Cottage
  • Year Built1956
  • Price$ 650,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage776
  • Lot Size0.55 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Set on just over a half acre with a gentle slope to the water, this rare Spider Lake offering features over 220 feet of pristine sandy bottom frontage on one of the most desirable stretches of shoreline on the entire lake. Set in a region known for four seasons of outdoor adventure and only minutes from the energy of downtown Traverse City, this property is a place to gather, unwind, and create lasting memories for generations. The setting is ideal for swimming, boating, and enjoying the quiet beauty of Northern Michigan lake life, with direct access to one of the area’s most sought after inland lakes. The existing cabin offers 2 bedrooms and 1 bathroom, all on the main floor, along with a lakeside-facing back deck that captures the natural surroundings and water views. A detached 2 car garage provides additional storage for lake toys, vehicles, and gear. Located near premier recreation destinations including the Vasa Trails, this property blends privacy with unmatched access to year round outdoor activities. An exceptional opportunity to enjoy the cottage as it is, update and expand the existing structure, or design and build your dream lakefront home on one of Spider Lake’s premier parcels.

Price History
6/26/2026 Listed $850,000
7/27/2026 10$765,000
8/8/2026 11$685,000
9/16/2026 6$650,000

General Features

Heating Wall Heat,Forced Air
Kitchen Level Main
Cooling Ceiling Fan(s)
Possession At Close
Fireplaces Wood Stove
Garage Detached Garage
Water Private Well
Appliances Dryer,Range/Oven,Refrigerator,Washer
Status Active
Full Baths 1
Bathrooms 1
Year Built 1956
Parking Garage
Subdivision Pinewood Shores
Style Ranch,Cottage
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Section 2
Associated Document Count 3
Status Active
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Utilities Cable Available
Manufactured Y/N No
Structure Style 1 Story
Area East Bay Twp (28003)
Primary City Traverse City
Directions Hammond Rd east from TC. Continue to high lake rd to (L) on Rasho to (R) on Peninsula Trail to (L) on Lakeview to (L) on Balsam Circle. Cottage on left.
City Traverse City
School District Traverse City Area Public School
Originating MLS Aspire North REALTORS
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description LOTS 57 & 58 PINEWOOD SHORES
DOM 86
Postal Code 49696
Price Per Sq Ft Total AG 837.63
Public Remarks Set on just over a half acre with a gentle slope to the water

Interior Features

Interior Amenities Cathedral/Vaulted Ceiling,Window Treatment(s)
Dining Room Level Main
Living Room Level Main
Basement Block
Bedroom 1 Level Main
Bedroom 2 Level Main
Laundry Room Level Main
Kitchen Length 10
Living Room Length 14
Bedroom 2 Width 10
Dining Room Width 12
Bedroom 2 Length 12
Living Room Width 11
Dining Room Length 16
Kitchen Width 9
Beds 2
Bedroom 1 Length 12
Bedroom 1 Width 10
Above Grade SqFt 776
Basement Y/N No
Bedroom 2 Floor Covering Vinyl
Kitchen Floor Covering Vinyl
Total SqFt Finished 776

Exterior Features

Exterior Wood
Exterior Amenities Deck
Frontage 230
Body of Water Spider Lake
Lot Size Area 0.55
Lot Dimensions Irregular - See Docs
Garage # of Car 2
Water Features All Sports Lake,Dock/Pier Facility,Waterfront,Sandy Bottom
FOUNDATION TYPE Crawl
SEWER/SEPTIC Septic
Waterfront Y/N Yes
Garage Y/N Yes
Frontage Type Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49696

Price
AVG $650K
$650K
Year Built
AVG 1999
1956
Visits
AVG 15
50
Data Provided by Inside Real Estate®

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