2 months on rocket

5050 Playa Kas Dr, Traverse City, MI, 49685

$2,659,000

7 Bedrooms
3 Full Baths, 1 Partial
4,711 SqFt
$564/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
ParkingSide Entrance, Electricity, Door Opener, Heated, Workshop, Attached
Attached Garage4 spaces
Year Built1962
HeatingHeat Pump, Natural Gas
CoolingCeiling Fan(s), Central Air, Heat Pump, Other
BasementYes
WaterfrontLake, Boat Facilities
FireplaceGas, Living Room
Private PoolYes
MLS #20240065498
Lot Size2.54 Acres
StatusActive

About 5050 Playa Kas Dr

Welcome to your Private Dream Oasis! Located just minutes from Downtown Traverse City, this Stunning Custom Home is situated on an impressive 2.54 Acre Lot with a 40x60 Pole Barn, In-ground Salt Water Pool and 87 Feet of Frontage on All Sports Silver Lake! Offering an impressive 4711 Finished Square Feet across two separate entries, enjoy the convenience of having 7 Bedrooms & 3.5 Bathrooms. The Main House: Upon entering you're greeted by stunning Hardwood Floors and Vaulted Ceilings paired with desirable Natural Light. The space opens up to the Living Room/Kitchen/Dining combo offering a open-concept floor plan. The Living Room previews a beautiful Stone Fireplace for those cozy evenings, while the abundance of windows offer picturesque views of the Lake. The unmatched features continue into the Kitchen where you will find Beautiful Custom Cabinetry, a Large Center Island, Granite Counters, Tiled Backsplash and a Spacious Walk In Pantry offering multiple Appliances for all of your storage needs. Enjoy the convenience of having a Main Level Primary Ensuite previewing Vaulted Ceilings and Lake Views while the Primary Bath offers Dual Sink Vanities, Walk-In Tiled Shower, Walk-In Closet and direct access to the Laundry Room. Upstairs you will find the additional 4 Bedrooms in the Main House along with a large Bonus Room and Full Bath which includes a 3 Sink Vanity, Toilet Room and Walk-In Shower with a Built-In Tub. Step outside to the Large Deck overlooking both the Pool, Lake and Scenery. The Composite Deck offers ample room for outdoor Seating & Entertaining. The Beach House: Currently used as a Short Term Rental (AirBnb/VRBO), the Beach House incudes private access and is located below the Deck. Offering 2 Bedrooms, 1 Full Bath, Laundry Facilities a Living Room and private Kitchen, this additional highly desirable living space is perfect for family members, guests and rentals alike! Additional Features and Information about all that the Pool, Pole Barn, Beach House and Lake offer can be found in Docs+.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1962
  • Stories: 3
  • Living Area: 4,711 SqFt

Listing Office:

  • Office Name: Real Estate One-Brighton
  • Office Phone: (810) 227-5005
  • Listing Agent: Patricia Lotz

Interior Features

Interior Information:

  • Appliances: Induction Cooktop, Vented Exhaust Fan, Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Electric Range, Microwave, Stainless Steel Appliance(s), Trash Compactor, Washer/Dryer Stacked, Bar Fridge
  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Other, High Spd Internet Avail, Programmable Thermostat, Sound System, Utility Smart Meter, Water Softener (owned), Wet Bar
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake, Boat Facilities
  • Exterior: Chimney Cap(s), Lighting, Pool - Inground

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Side Entrance, Electricity, Door Opener, Heated, Workshop, Attached

Lot Features

Lot Information:

  • Lot: Level, Wooded, Views
  • Lot Size: 2.54 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Other

Other

Directions Information:

  • Directions: US 31 to N on S East Silver Lk Rd to W on Silver Lake Shores Rd then Left onto Northland Blvd then Right onto Crescent Ave - Home will be on your right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,659,000
  • Price Per SqFt: $564/SqFt

Tax Information:

  • Annual Amount: $10,358
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

5050 Playa Kas Dr vs Traverse City

75 DAYS ON ROCKET

+2 Days

$2,659,000

+$2.2M More

$564/SqFt

+$308 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $308/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240065498

Listing Office:

  • Office Name: Real Estate One-Brighton
  • Office Phone: (810) 227-5005
  • Listing Agent: Patricia Lotz

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,358$415,000
2020$10,479$381,600
2019 - $375,900
2018 - $383,900
2017 - $377,400

History based on county public records data.

Payment Calculator

$13.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,038

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-648152
4
/10
  • Silver Lake Elementary School

  • 5858 Culver Rd

  • 1.14 miles

  • Public District Grades PK-5

school-card-donut-648153
3
/10
  • Blair Elementary School

  • 1625 Sawyer Rd

  • 1.53 miles

  • Public District Grades PK-5

school-card-donut-648154
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 5.05 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,961. The most common annual income of people living in Traverse City, MI is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5050 Playa Kas Dr

What is the listing price of this property?

The listing price of 5050 Playa Kas Dr property is $2,659,000.

What type of property is this?

The property 5050 Playa Kas Dr is a house located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: 5050 Playa Kas Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,358 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5050 Playa Kas Dr has 7 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5050 Playa Kas Dr is 4,711 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 Playa Kas Dr is 1962.
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Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›5050 Playa Kas Dr

This home is located at 5050 Playa Kas Dr in Traverse City, MI and zip code 49685. This 4,711 square foot home, which was built in 1962, sits on a 2.54 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $2,659,000.

Traverse City, MI housing market in October 2024 saw over 19 listings sold above listed price, more than 23 sold at listed price and over 41 sold below. The number of homes for sale in Traverse City, MI increased by 5.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 73 days, the median list price was $446,781.

From Rocket Homes Real Estate and based on county public records data.

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