7878 Outer Dr S, Traverse City, MI 49685
Property image
Property image
OFF MARKET

$1,237,600

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 3,295 sqft (on 1.38 acres)

7878 Outer Dr S, Traverse City, MI 49685

Est. Refi. Payment $7,277/mo*
Refinance Your Home
Currently Off Market - Sold May 7, 2025 for $1,195,000

Home Value

Trulia Estimate
$1.24M
Since last month
$100 (0%)
Since last year
Increased$20K (+1.7%)
Since last sale
Increased$41K (+3.4%)
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 +50% in the last 10 years
MonthEstimated value
2026
August 2026$1.24M
August 2026$1.24M
July 2026$1.24M
June 2026$1.24M
May 2026$1.24M
April 2026$1.22M
March 2026$1.22M
February 2026$1.19M
January 2026$1.19M
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
1571 N South Long Lake Rd, Traverse City, MI
0.31
Single-Family Home
$1,795,000
11/24/25
5
3.5
3,259
1504 Cedar Dr, Traverse City, MI
0.29
Single-Family Home
$802,500
08/31/26
4
3.5
3,100
7749 Gingerwood Dr, Traverse City, MI
0.46
Single-Family Home
$1,551,000
12/23/25
5
4
3,052
7344 Russ Noble Dr, Traverse City, MI
0.58
Single-Family Home
$1,125,000
07/24/26
4
4.5
5,122
600 Bass Lake Rd, Traverse City, MI
1.12
Single-Family Home
$975,000
08/18/26
5
3
2,784
712 N South Long Lake Rd, Traverse City, MI
0.73
Single-Family Home
$577,000
07/24/26
3
2
2,804
7088 Open Meadow Ln, Traverse City, MI
0.79
Single-Family Home
$429,000
09/15/25
3
3
2,631
639 N South Long Lake Rd, Traverse City, MI
0.72
Single-Family Home
$850,000
11/01/25
6
4
3,810
8225 Elm Dr, Traverse City, MI
0.38
Single-Family Home
$345,000
02/26/26
3
1
1,128
1866 Pinewood Ave, Traverse City, MI
0.69
Single-Family Home
$355,500
11/07/25
2
2
1,639

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
7797 S Outer Dr, Traverse City, MI 49685
0.08
$378,400
1
1
611
Off Market
7764 Outer Dr S, Traverse City, MI 49685
0.11
$375,800
3
1
1,216
Off Market
7930 S Outer Dr, Traverse City, MI 49685
0.11
-
3
1
1,248
Off Market
8064 Shady Ln, Traverse City, MI 49685
0.14
$553,800
3
2
1,662
Off Market
1449 N South Long Lake Rd, Traverse City, MI 49685
0.25
$1,942,800
4
3.5
3,304
Off Market
8044 & 8086 Hillside Dr, Traverse City, MI 49685
0.25
-
-
-
-
Off Market
7967 Sunset Dr, Traverse City, MI 49685
0.25
$495,000
3
2
1,772
Recently Sold
8131 Hillside Dr, Traverse City, MI 49685
0.26
$499,900
3
2
1,616
For Sale
1504 Cedar Dr, Traverse City, MI 49685
0.29
$802,500
4
3.5
3,100
Recently Sold
1571 N South Long Lake Rd, Traverse City, MI 49685
0.31
$1,795,000
5
3.5
3,259
Recently Sold
1388 & 1434 Cedar Dr, Traverse City, MI 49685
0.31
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 7878 Outer Dr S.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1990
1.38 acre lot
3,295 sqft
$376/sqft
2 Car Garage
HOA $29/mo

About this House

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.
7878 Outer Dr S, Traverse City, MI 49685 is a 5 bedroom, 3 bathroom, 3,295 sqft single-family home built in 1990. It last sold for $1,195,000 on May 7, 2025 (13% below the $1,375,000 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $6,500 per month. That rental listing was removed on October 3, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,237,600, with a rent estimate of $4,125/month.
Last check for updates: 1 day ago
Listed by Marsha Minervini, (231) 883-4500
REMAX Bayshore - Union St TC, (231) 941-4500
Bought with: Laurie Bouwman, (231) 631-4919, Bouwman Realty Group, (231) 631-4919
Source: NGLRMLS, MLS#1927990

Home Details for 7878 Outer Dr S

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 3295 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Gas Water Heater, Instant Hot Water, HumidifierDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural Gas,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Wood BurningHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Skylight(s), BlindsFlooring: Wood, Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: NoneFloors: Wood, Carpet, Tile
View
Has a ViewView: Water
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFencing: Fenced, InvisibleOther Structures: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Garage Door Opener,Paved,Concrete Floors,Asphalt,Easement,Shared Driveway
Frontage
WaterfrontWaterfront: Inland Lake, All Sports, Soft Bottom, Vegetation to Water Edge, Lake, Sandy ShorelineFrontage Type: WaterfrontResponsible for Road Maintenance: AssociationRoad Surface Type: AsphaltOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Long Lake
Farm & Range
Frontage Length: 100
Finished Area
Finished Area (above surface): 3295 Square Feet

Days on Market

Cumulative Days on Market: 210

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Frame, Vinyl SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 280825507710

Price & Status

Price
List Price: $1,375,000Price Range: $1,195,000 - $1,375,000
Status Change & Dates
Off Market Date: Wed May 07 2025Possession Timing: Negotiable

Active Status

MLS Status: Sold Co-op Member

Media

Location

Direction & Address
City: Traverse CityCommunity: Peninsula Estates
School Information
Elementary School District: Traverse City Area Public SchoolsJr High / Middle School District: Traverse City Area Public SchoolsHigh School District: Traverse City Area Public Schools

Building

Building Area
Building Area: 3295 Square Feet

Community

Community Features: Community Dock, Lake Privileges, Pets Allowed, Common Area

HOA

HOA Fee Includes: Snow RemovalHOA Fee: $350/Annually

Lot Information

Lot Area: 1.38 Acres

Offer

Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash, 1031 Exchange

Miscellaneous

Mls Number: 1927990Water View: WaterAbove Grade Unfinished Area: 3295

Additional Information

Community DockLake PrivilegesPets AllowedCommon Area

Price and Tax history

DateEventPrice
Oct 3, 2025
Source: Zillow Rentals
ListingRemoved
$5,700
Aug 28, 2025
Source: Zillow Rentals
PriceChange
$5,700
Price decreased by 5%
Aug 26, 2025
Source: Zillow Rentals
PriceChange
$6,000
Price decreased by 8%
Jul 28, 2025
Source: Zillow Rentals
Listed For Rent
$6,500
May 7, 2025
Source: NGLRMLS #1927990
Sold
$1,195,000

Market trends in Traverse City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$462K
$4.92KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$289
$16MoM
Available listings
544
18MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Traverse City

At least 282 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 81 % Say yards are well-kept

  • 80 % Say car is needed

  • 78 % Say people would walk alone at night

  • 76 % Say there's holiday spirit

  • 76 % Say parking is easy

  • 68 % Say kids play outside

  • 66 % Say there's wildlife

  • 62 % Say it's quiet

  • 60 % Say they plan to stay for at least 5 years

  • 58 % Say there are sidewalks

  • 57 % Say neighbors are friendly

  • 56 % Say it's walkable to restaurants

  • 54 % Say it's walkable to grocery stores

  • 52 % Say streets are well-lit

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kate Jarvi
    "It is easy to access the TART trail. The Porch Fest (musicians playing on peoples’ porches) in the fall is very family friendly, and you can walk to downtown (and therefore swimming at the public beaches) easily. "
    0
    Flag
  • Sandy.buchanich
    "Downtown 15 minutes - busier during summer with all summer visitors here. Bike trail nearby and can ride bikes to downtown."
    0
    Flag
  • Luka Robinson
    "Lots of people like walking their dogs, several pet friendly establishments, lots of parks and dog parks and hiking trails as well as dog friendly beaches"
    0
    Flag
  • Mike Mitchell
    "We live in the Long Lake Township community of Cedar Hills Estates located 7 minutes West of T.C. and it’s an easy commute down Cedar Run Rd. with one stoplight at the corner of W. Front St."
    0
    Flag
  • Mike Mitchell
    "Dog friendly place where almost everyone has a dog or two. Lots of open spaces for dogs to run and play!"
    0
    Flag
  • Mike Mitchell
    "Almost all of the residents of my neighborhood have at least one dog and many have two dogs. It’s a very dog friendly community and there are plenty of dog friendly parks to hike with your dog or take your dog for a swim."
    0
    Flag
  • Jeffrey Rhodes
    "We know each other and socialize. We also help those in need. This happens with adults and kids alike."
    0
    Flag
  • Trulia User
    "Christmas alley, neighborhood “music festivals,” and close to all the downtown events., this neighborhood is the perfect location in Traverse City. "
    2
    Flag
  • Unspecified
    "Some of the downtown houses lack a sizable yard and traffic can be dangerous in the peak of the summer season "
    0
    Flag
  • Grace C.
    "Predominantly youngish retirees in the area. Not tons of children. Nearby elementary school may be convenient for drop off/pick ups."
    0
    Flag
  • Mhoffmanndc
    "I’ve lived here for 8 years and the neighbors are friendly and we feel very safe. The fact that we are still able to do short term rental here is very beneficial "
    0
    Flag
  • Andrea M.
    "The area that I’m in, is close to one of the busiest roads in town. I would not let me daughter play outside alone for that reason. There’s is a lot of homeless people that walk through my neighborhood. They keep to themselves "
    0
    Flag
  • Garrison M.
    "been here 5yrs. it's nice to be close to everything. neighbors are nice enough. real estate is pricey. "
    0
    Flag
  • Grace C.
    "I am living with my parents temporarily—though it has turned into a semi permanent arrangement. The community is fairly well established with retirees."
    0
    Flag
  • Barb M.
    "Plenty of open spaces & trails, 2 dog parks, city clears sidewalks in Winter. A specialized dog treat bakery and natural dog food stores. Several great Veterinarians. "
    0
    Flag
  • Mhoffmanndc
    "Neighbors watch out for one another. When we leave on vacation, our neighbors are watching and caring for our prop. It’s not uncommon to have neighborhood parties and gatherings. "
    0
    Flag
  • Brenden F.
    "It's small, but its poppin, houses in the area are nice and the street is HELLA cute, downtown is nice to go to chill out for an evening. It's like the trendy part of Michigan!"
    11
    Flag
  • Cbdrn C.
    "I live on the base of the peninsula giving me walking access to both East and West bay. I live walking distance to a brand new elementary school and high school and community college... your kids in walking distance to everything and down town is 5 minutes away "
    0
    Flag
  • Heididjkenney
    "Civic center activity! Outdoor plays across the street.a one mile walking track. There is great pool at civic center you do laps in.Neighborhood potluck in streets every year. "
    0
    Flag
  • Oxford D.
    "Generational residents, makes for great fun. Porch sitting!! Historic buildings that can’t be imagined in today’s culture "
    3
    Flag
  • Bacjef
    "10 minute to anywhere in traverse city. july traffic makes this 1 hour commute on a tuesday. 2 hours on sat"
    0
    Flag
  • Celia
    "A lot of drugs and garbage left around. Def lock doors! .............................................."
    0
    Flag
  • Barb M.
    "Lots of trails for dog walking, biking, hiking. Dog owners need to bring their own baggies. There are two dog park locations, and the Humane Society is now a no-kill shelter. "
    0
    Flag
  • Joseph H.
    "It’s a wonderful place to raise children. I was raised here, went to St. Francis, which was a great experience. My brother went to Central and also had great education. "
    0
    Flag
  • zagnut
    "There is a fenced dog park in slabtown that dog owners love! not sure what dog owners wouldn’t like...."
    0
    Flag
  • Jasmyn M. C.
    "they would like that it's pet friendly and that alot of different pets are allowed here along with cheap pet fees. "
    0
    Flag
  • Micheal W.
    "Mixed generation, religion politics and race neighborhood. We watch out for each other and live as an giant extended family "
    0
    Flag
  • Barb M.
    "Pain in the butt. All surface streets 20 min to get across town, longer with summer festivals. Streets often not cleared in winter. "
    0
    Flag
  • Lmgray
    "just a great place to live. no crime and the people are friendly. I feel blessed to live in such a wonderful area and wouldn't want to live anywhere else. "
    0
    Flag
  • Susan R.
    "National Cherry Festival, Film Festival, wine festivals, Grand Traverse County Fair, farmer's market and much more! "
    0
    Flag

LGBTQ Local Legal Protections

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.

Frequently asked questions about 7878 Outer Dr S

  • What is 7878 Outer Dr S estimated to be worth?
    Trulia's estimated value for 7878 Outer Dr S in Traverse City, MI is $1,237,600.
  • What is the price history for 7878 Outer Dr S?
    7878 Outer Dr S in Traverse City, MI last sold for $1,195,000 in May 2025.
  • Is Traverse City a buyer's or seller's market?
    Traverse City is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Traverse City?
    The median sale price in Traverse City is $462K. That is up $4.92K from the prior month.
  • Does 7878 Outer Dr S have air conditioning?
    Yes, 7878 Outer Dr S in Traverse City, MI has air conditioning.
  • Does 7878 Outer Dr S have laundry facilities?
    Yes, 7878 Outer Dr S in Traverse City, MI has in-unit laundry.

Explore by feature - Pet Friendly

32 pet-friendly rentals in Traverse City, MI

Explore by feature - Garage

55 rentals with a garage in Traverse City, MI

Explore by feature - Air Conditioning

100 rentals with air conditioning in Traverse City, MI

Explore by feature - Pool

Explore by feature - Washer/dryer

113 rentals with a washer/dryer in Traverse City, MI

Explore by feature - Outdoor Space

11 rentals with an outdoor space in Traverse City, MI

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 7878 Outer Dr S

Skip to last item
Skip to first item

Homes for sale near 7878 Outer Dr S

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item