$949,000
2 Beds
1 Bath
799 sqft (on 1.17 acres)
276 E Traverse Lake Rd, Cedar, MI 49621
Est. Mortgage $5,558/mo*
Get Pre-QualifiedHome Highlights
Property Type
Single-Family Home
Year Built
1940
Lot Size
1.17 acres
Price/Sqft
$1,188
Local Information
- Map ViewExplore the area around 276 E Traverse Lake Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Rare opportunity to own 1.17 acres with 102 feet of private frontage on the coveted north shore of Little Traverse Lake. With mature trees and an exceptional waterfront setting, this property offers an exciting opportunity to create your own Northern Michigan retreat on one of Leelanau County’s most treasured inland lakes. The property currently features a 1940 log cottage that offers a glimpse into the classic cottage era of Northern Michigan. The cottage includes a living room with stone fireplace, kitchen, two bedrooms, one bath, an additional sleeping room accessed from the screened-in porch, and an existing septic and drainfield serving the two-bedroom cottage. Whether re-imagining the nostalgic character of the existing cottage or envisioning a new lake home, the generous parcel and outstanding Little Traverse Lake frontage provide a remarkable canvas for the future. Ideally located between Leland and Glen Arbor, this remarkable setting is enhanced by protected Sleeping Bear Dunes Wilderness lies directly across the road, with the Good Harbor Bay Trail nearby for hiking and exploring the surrounding natural beauty. This is a rare chance to own a special stretch of Little Traverse Lake and create something uniquely your own. Property and existing cottage are being sold as-is.
Last check for updates: about 2 hours ago
Listing courtesy of Roger Schaub, (231) 883-4644
Schaub Team Premier Realty, Cell: 231-883-4644
Source: NGLRMLS, MLS#1950124
Home Details for 276 E Traverse Lake Rd
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Interior Details Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Master Bathroom, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (three quarters): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 799 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Microwave, Electric Water HeaterLaundry: NoneMicrowaveRefrigerator |
Heating & Cooling Heating: Baseboard,Fireplace(s)Air Conditioning: ElectricHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa Fireplace: Wood BurningHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Laminate |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: NoneFloors: Laminate |
View Has a ViewView: Water |
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Exterior Home Features Roof: AsphaltPatio / Porch: ScreenedOther Structures: Shed(s)Exterior: Rain Gutters, DockFoundation: SlabNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageNo Open ParkingParking: None,Gravel |
Frontage WaterfrontWaterfront: Inland Lake, All Sports, Rocky Shoreline, Sandy BottomFrontage Type: WaterfrontResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltOn Waterfront |
Water & Sewer Sewer: Private SewerWater Body: Little Traverse Lake |
Farm & Range Frontage Length: 102 |
Finished Area Finished Area (above surface): 799 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Log, Block, Full LogNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 4500301103100 |
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Price List Price: $949,000Price Per Sqft: $1,188 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: New |
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Direction & Address City: CedarCommunity: n/a |
School Information Elementary School: Leland Public SchoolElementary School District: Leland Public School DistrictJr High / Middle School: Leland Public SchoolJr High / Middle School District: Leland Public School DistrictHigh School: Leland Public SchoolHigh School District: Leland Public School District |
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Listing Agent Listing ID: 1950124 |
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Building Area Building Area: 799 Square Feet |
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Community Features: None |
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HOA Fee Includes: None |
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Lot Area: 1.17 Acres |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash |
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Mls Number: 1950124Water View: WaterAttribution Contact: Cell: 231-883-4644Above Grade Unfinished Area: 799 |
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None |
Around this home
What Locals Say about Cedar
At least 5 Trulia users voted on each feature.
100 % Say car is needed
89 % Say yards are well-kept
88 % Say parking is easy
86 % Say it's dog friendly
83 % Say there's wildlife
75 % Say there's holiday spirit
75 % Say people would walk alone at night
73 % Say neighbors are friendly
70 % Say it's quiet
67 % Say kids play outside
67 % Say they plan to stay for at least 5 years
60 % Say streets are well-lit
57 % Say it's walkable to grocery stores
38 % Say there are community events
33 % Say there are sidewalks
33 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Cedar
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
1MoM
Home Value
Trulia Estimate
$1.09MSince last month
Increased$135K (+14%)Since last year
Increased$154K (+16.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +119% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.1M |
| August 2026 | $1.09M |
| July 2026 | $961K |
| June 2026 | $1.02M |
| May 2026 | $951K |
| April 2026 | $920K |
| March 2026 | $914K |
| February 2026 | $899K |
| January 2026 | $887K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.35 | Single-Family Home | $1,675,000 | 06/17/26 | 3 | 3 | 3,429 | |
1.42 | Single-Family Home | $709,900 | 06/29/26 | 3 | 2 | 2,555 | |
1.70 | Single-Family Home | $375,000 | 07/08/26 | 3 | 2 | 1,404 | |
1.49 | Single-Family Home | $865,000 | 03/23/26 | 4 | 2.5 | 2,352 | |
1.49 | Single-Family Home | $580,000 | 10/10/25 | 3 | 3.5 | 2,613 | |
1.17 | Single-Family Home | $1,180,000 | 08/14/26 | 3 | 2.5 | 4,358 | |
1.69 | Single-Family Home | $2,175,000 | 05/15/26 | 4 | 3 | 2,504 | |
1.59 | Single-Family Home | $1,162,500 | 06/15/26 | 4 | 3.5 | 2,800 | |
1.62 | Single-Family Home | $715,000 | 01/20/26 | 4 | 4 | 2,594 | |
2.07 | Single-Family Home | $565,000 | 06/23/26 | 3 | 2.5 | 1,980 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.20 | - | - | - | - | Off Market | |
0.35 | $1,675,000 | 3 | 3 | 3,429 | Recently Sold | |
0.38 | $2,024,400 | 3 | 4 | 2,405 | Off Market | |
0.51 | - | - | - | - | Off Market | |
0.64 | - | - | - | - | Off Market | |
0.72 | - | - | - | - | Off Market | |
0.72 | - | - | - | - | Off Market | |
0.70 | $645,300 | 2 | 1 | 668 | Off Market | |
0.73 | $799,995 | 3 | 1.5 | 1,060 | For Sale | |
0.75 | $885,700 | 4 | 2 | 2,100 | Off Market | |
0.75 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 2, 2026 Source: NGLRMLS #1950123 | Listed For Sale | $949,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,121 | $630,800 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Roger Schaub, Schaub Team Premier Realty, Cell: 231-883-4644
Agent Phone: (231) 883-4644
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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Frequently asked questions about 276 E Traverse Lake Rd
- What is the estimated monthly payment for 276 E Traverse Lake Rd?Based on a $949,000 list price with 20% down at today's rates, the estimated monthly payment for 276 E Traverse Lake Rd in Cedar, MI is approximately $5,657 (about $5,028 principal & interest, $554 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Cedar?Residents describe Cedar, MI as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Cedar, MI.
- What are the closest schools to 276 E Traverse Lake Rd?The closest schools to 276 E Traverse Lake Rd in Cedar, MI are Leland Public School (K-12, rated 8/10).
- What is 276 E Traverse Lake Rd estimated to be worth?Trulia's estimated value for 276 E Traverse Lake Rd in Cedar, MI is $1,093,400.
- How big is the lot at 276 E Traverse Lake Rd?The lot at 276 E Traverse Lake Rd in Cedar, MI is about 1.2 acres.
- Does 276 E Traverse Lake Rd have parking?Yes, 276 E Traverse Lake Rd in Cedar, MI has on-site parking.
276 E Traverse Lake Rd, Cedar, MI 49621 is a 2 bedroom, 1 bathroom, 799 sqft single-family home built in 1940. This property is currently available for sale and was listed by NGLRMLS on Sep 2, 2026. The MLS # for this home is MLS# 1950124.