About This Home

This 2-bedroom, 2-bathroom single family at 5157 Highland Drive in Traverse City, MI is listed for $349,900 ($331 per sqft). Built in 1969, the home offers 1,056 sqft of living space on a 0.35 acres lot.

Key Features

  • Built in 1969
  • 0.35 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
1 full, 1 half
2-car garage
1969

Amenities

FireplaceWaterfront
Listing 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. A SCHEDULED SHOWING IS REQUIRED TO VIEW THIS PROPERTY.

Monthly Cost Estimate

$1,871/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,516
Insurance$102

Estimates only. Actual payments may vary.

Location

5157 Highland Drive

Traverse City, MI 49685

Property Details

Flooring

LaminateTile

Construction

Aluminum Siding

Outdoor Features

Patio

Heating

Baseboard

Appliances

DryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom single family at 5157 Highland Drive is listed at $349,900 ($331/sqft). The estimated monthly payment is $1,871 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 0.35 acre lot, Fireplace, Waterfront.

This property is listed by Lance E Engel.

LE

Lance E Engel

Agent at Five Star Real Estate

Listed by Five Star Real Estate · Broker phone: (616) 791-1500 · View on Broker Site · Broker website

MLS# 26034839· Source: Michigan Regional Information Center, LLC.· 115 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5157 Highland Drive, Traverse City, MI 49685

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