About This Home

This 2-bedroom, 1-bathroom single family at 4323 Balsam Circle in Traverse City, MI is listed for $850,000 ($1,095 per sqft). Built in 1956, the home offers 776 sqft of living space on a 0.55 acres lot.

Key Features

  • Built in 1956
  • 0.55 acre lot
  • Waterfront

Property Details

1 story
1 full
1956

Amenities

Waterfront
Listing 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.

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

4323 Balsam Circle

Traverse City, MI 49696

Features & Amenities

Interior Features

Cathedral CeilingsBeamed CeilingsPaneling

Exterior Features

WoodOut Building

Property Details

Heating

Forced Air

Appliances

DryerRangeRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 4323 Balsam Circle is listed at $850,000 ($1,095/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.55 acre lot, Waterfront. Interior Features: Cathedral Ceilings, Beamed Ceilings, Paneling. Exterior Features: Wood, Out Building.

This property is listed by Jonathan Crane and can be reached at 2313508039.

JC

Jonathan Crane

Agent at Berkshire Hathaway Homeservices - TC

(231) 350-8039

Listed by Berkshire Hathaway Homeservices - TC · View on Broker Site

MLS# 1947192· Source: listhub· 8 days on market

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4323 Balsam Circle, Traverse City, MI 49696

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