Price Reduction - Waterfront
Address
4323 Balsam Circle, Traverse City, MI
Price
$ 650,000
Property Attributes
- ID#80070268
- TypeSingle Family
- Listing Status Active
- CountyGRAND TRAVERSE
- CityTraverse City
- AreaEast Bay Twp
- NeighborhoodPinewood Shores
- Zip49696
- StyleRanch,Cottage
- Year Built1956
- Price$ 650,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage776
- Lot Size0.55 Acres
Data Source:
MiRealSource (MIRS)
Property 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 areaââ¬â¢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 Lakeââ¬â¢s premier parcels.
| Price History | |
|---|---|
| 6/26/2026 | Listed $850,000 |
| 7/27/2026 | 10$765,000 |
| 8/8/2026 | 11$685,000 |
| 9/16/2026 | 6$650,000 |
General Features
| Heating | Wall Heat,Forced Air |
|---|---|
| Kitchen Level | Main |
| Cooling | Ceiling Fan(s) |
| Possession | At Close |
| Fireplaces | Wood Stove |
| Garage | Detached Garage |
| Water | Private Well |
| Appliances | Dryer,Range/Oven,Refrigerator,Washer |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1956 |
| Parking | Garage |
| Subdivision | Pinewood Shores |
| Style | Ranch,Cottage |
| County | Grand Traverse |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Section | 2 |
| Associated Document Count | 3 |
| Status | Active |
| Zoning | Residential |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Utilities | Cable Available |
| Manufactured Y/N | No |
| Structure Style | 1 Story |
| Area | East Bay Twp (28003) |
| Primary City | Traverse City |
| Directions | Hammond Rd east from TC. Continue to high lake rd to (L) on Rasho to (R) on Peninsula Trail to (L) on Lakeview to (L) on Balsam Circle. Cottage on left. |
| City | Traverse City |
| School District | Traverse City Area Public School |
| Originating MLS | Aspire North REALTORS |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional |
| Legal Description | LOTS 57 & 58 PINEWOOD SHORES |
| DOM | 91 |
| Postal Code | 49696 |
| Price Per Sq Ft Total AG | 837.63 |
| Public Remarks | Set on just over a half acre with a gentle slope to the water |
Interior Features
| Interior Amenities | Cathedral/Vaulted Ceiling,Window Treatment(s) |
|---|---|
| Dining Room Level | Main |
| Living Room Level | Main |
| Basement | Block |
| Bedroom 1 Level | Main |
| Bedroom 2 Level | Main |
| Laundry Room Level | Main |
| Kitchen Length | 10 |
| Living Room Length | 14 |
| Bedroom 2 Width | 10 |
| Dining Room Width | 12 |
| Bedroom 2 Length | 12 |
| Living Room Width | 11 |
| Dining Room Length | 16 |
| Kitchen Width | 9 |
| Beds | 2 |
| Bedroom 1 Length | 12 |
| Bedroom 1 Width | 10 |
| Above Grade SqFt | 776 |
| Basement Y/N | No |
| Bedroom 2 Floor Covering | Vinyl |
| Kitchen Floor Covering | Vinyl |
| Total SqFt Finished | 776 |
Exterior Features
| Exterior | Wood |
|---|---|
| Exterior Amenities | Deck |
| Frontage | 230 |
| Body of Water | Spider Lake |
| Lot Size Area | 0.55 |
| Lot Dimensions | Irregular - See Docs |
| Garage # of Car | 2 |
| Water Features | All Sports Lake,Dock/Pier Facility,Waterfront,Sandy Bottom |
| FOUNDATION TYPE | Crawl |
| SEWER/SEPTIC | Septic |
| Waterfront Y/N | Yes |
| Garage Y/N | Yes |
| Frontage Type | Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49696
Price
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 27, 2026 12:24 PM UTC
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is 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. Information is deemed reliable but not guaranteed.
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