Waterfront Cottage Rental
For Sale
$699,900
4256 N Spider Lake Road, Traverse City, MI 49696
Multi-Family, Cottage, 1 Story, Traverse City, MI
Property Size1,456 SF
Lot Size0.43 Acres
Price / SF$480.70
Days on Market34
Property Features for 4256 N Spider Lake Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Zoning description
Residential
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Patio and Porch features
Deck
Interior features
Solarium/Sun Room
Exterior features
Deck
Appliances
Refrigerator, Oven/Range
Elementary school district
Traverse City Area Public Schools
Middle school district
Traverse City Area Public Schools
High school district
Traverse City Area Public Schools
Directions
Rasho Road South to N Spider Lake Rd, homes on right.
Subdivision
Grand Traverse
Standard status
Active
Size
1,456 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Description
PART OF LOT 241 OF TH PLAT OF WILDWOOD PARK COMM NW LOT COR OF SD LOT 241 TH S 0 DEG 38' W ALG TH W LN OF SD LOT 260.30' TH S 89 DEG 48' E 67.2' TO TH SHORE OF SPIDER LAKE TH NELY ALG SD SHR TO TH E LN OF SD LOT 241 TH N 0 DEG 38' E 223.45' TH N 89 DEG 48
Legal Description
PART OF LOT 241 OF TH PLAT OF WILDWOOD PARK COMM NW LOT COR OF SD LOT 241 TH S 0 DEG 38' W ALG TH W LN OF SD LOT 260.30' TH S 89 DEG 48' E 67.2' TO TH SHORE OF SPIDER LAKE TH NELY ALG SD SHR TO TH E LN OF SD LOT 241 TH N 0 DEG 38' E 223.45' TH N 89 DEG 48
Utilities
Water source
Private
Water front features
Lake
Water front
1
Amenities
sandy beach
lakeside deck
kayaks
Building Details
Year built
1959
Floors in Building
1
Number of units
2
Building materials
Frame
Roof type
Metal, Asphalt
Architectural style
Cottage, Other
Listing Agency:
Berkshire Hathaway Homeservices - TC
(231) 947-7777
Listed By:
Kenneth Weaver · License #6501310917
(231) 668-6303
Added: Sep 2
Changed: Oct 4
Last Checked: Oct 5 at 7:06PM
MLS# 1950207
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.
Investment Insights
Based on property information with market context.
This 0.43-acre waterfront property contains two updated cottages totaling 1,456 square feet. One cottage has 1 bedroom and 1 bathroom; the other has 2 bedrooms, 1 bathroom, a sunroom, and a lakeside deck. Mini-split systems provide heating and cooling, and the property includes a sandy beach along Spider Lake. The cottages were built in 1959 and have private water service and well and septic inspections completed and passed for transfer. Furnishings, household items, and kayaks are included. The township’s Cabin Court designation exempts the property from local short-term rental restrictions, and the cottages have an established rental history. Spider Lake is an all-sports lake, with downtown Traverse City, the VASA Trail, state land, and hiking, biking, and ORV trails in the surrounding area.
Key Highlights
- Two cottages with 1,456 square feet combined on 0.43 acres
- One cottage has 1 bedroom and 1 bathroom; the second has 2 bedrooms, 1 bathroom, a sunroom, and a lakeside deck
- Spider Lake waterfront with sandy beach
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 49696, MI
9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Two updated cottages offer separate bedroom layouts, lake access, and established rental history.
Where is this short term rental property located?
The property is located at 4256 N Spider Lake Road Traverse City, MI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two cottages with 1,456 square feet combined on 0.43 acres; One cottage has 1 bedroom and 1 bathroom; the second has 2 bedrooms, 1 bathroom, a sunroom, and a lakeside deck; Spider Lake waterfront with sandy beach
