7878 S Outer Dr, Traverse City, MI, 49685

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7878 S Outer Dr, Traverse City$1,375,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingBlacktop, Easement, Shared, Attached, Door Opener, Paved Driveway, Concrete Floors

Attached Garage2 spaces

Year Built1990

HeatingForced Air

CoolingCentral Air, Humidity Control

WaterfrontPrivate Frontage, Lake, All Sports, Water View, Soft Bottom, Public Lake, Sandy Shoreline

FireplaceFireplace(s), Wood

MLS #1927990

Lot Size1.38 Acres

StatusActive

About 7878 S Outer Dr

Waterfront living on Long Lake, one of TC’s premier lakes. Private oasis on this beautifully landscaped lot in “Fannings Cove” which offers protective boat mooring. Custom designed elegant home w/ an exceptional layout & plenty of storage. The living rm features a massive stone f/p & tv nook, nearly 2 full walls of waterfront windows & soaring ceilings. Living rm flows into a “conversation” library rm w/ built in bookcases & another f/p, which then flows into the dining rm & kitchen. Many large windows offer natural light along w/ stunning lake & yard views. Primary has walk-through closet, deck & lake view. Community park w/ playground, picnic area, volleyball, private boat launch, swim area on cove.

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Property Details

Property Features

Property Information:

• Architectural Style: 2 Story, Other
• Year Built: 1990
• Living Area: 3,295 SqFt

Listing Office:

• Office Name: REMAX Bayshore - Union St TC
• Office Phone: (231) 941-4500
• Listing Agent: Marsha Minervini

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Ceiling Fan(s), Gas Water Heater, Instant Hot Water
• Interior: Skylights, Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Mud Room, Great Room, Den/Study, Exercise Room, Vaulted Ceilings, Drywall
• Fireplace: Fireplace(s), Wood

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 5

Exterior Features

Exterior Information:

• Waterfront: Private Frontage, Lake, All Sports, Water View, Soft Bottom, Public Lake, Sandy Shoreline
• Exterior: Deck, Fenced Yard, Invisible Pet Fencing, Vinyl

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Blacktop, Easement, Shared, Attached, Door Opener, Paved Driveway, Concrete Floors

Virtual/3D Tour

• Virtual Tour: 7878 S Outer Dr

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Lot Features

Lot Information:

• Lot: Wooded, Level, Sloped
• Lot Size: 1.38 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air, Humidity Control

Other

Directions Information:

• Directions: N South Long Lake Rd to Outer Dr, to 7878 Driveway.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,375,000
• Price Per SqFt: $417/SqFt

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Housing Market Comparison

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

Traverse City, MI

City

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

7878 S Outer Dr vs Traverse City

73 DAYS ON ROCKET

-11 Days

$1,375,000

+$925K More

$417/SqFt

+$159 More

KEY TAKEAWAY

This property is $925K more than the Median Sold Price and $159/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: TAAR
• MLS Number: #1927990

Listing Office:

• Office Name: REMAX Bayshore - Union St TC
• Office Phone: (231) 941-4500
• Listing Agent: Marsha Minervini

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›7878 S Outer Dr

This home is located at 7878 S Outer Dr in Traverse City, MI and zip code 49685. This 3,295 square foot home, which was built in 1990, sits on a 1.38 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $1,375,000.

Over 8 listings were sold over their listed price in November 2024 in Traverse City, MI. In the same period over 54 listings were sold below the listed price and 20 listings were sold for the listed price. In November 2024 in Traverse City, MI there were 8.3% less homes for sale than in October 2024. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $450,000.

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