$2,350,000
3 Beds
2.5 Baths
4,290 sqft (on 1.12 acres)
788 E Traverse Lake Rd, Cedar, MI 49621
Est. Mortgage $13,652/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 80% nearby.
Home Highlights
Single-Family Home
Built in 2005
1.12 acre lot
$548/sqft
2 Car Garage
Local Information
- Map ViewExplore the area around 788 E Traverse Lake Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
LITTLE TRAVERSE LAKE – The quintessential lakeside retreat. This masterfully crafted 4,200-square-foot residence features three bedrooms, two and a half bathrooms, and generous living spaces inside and out. Completed in 2006 of UP-sourced pine, the home has been meticulously preserved as a seasonal escape by its original owners. The timeless materials honor the spirit of Northern Michigan: rich maple floors, slate tile, custom cherry cabinetry, and pine trim and doors —all shielded by a lifetime-warranted metal roof. The main living areas flow seamlessly toward the waterfront, while the lower-level family room features a full wet bar and walk-out access directly to the lakeside lawn. The property boasts 135 feet of sandy frontage with sought-after southern exposure, bathing the property in all-day sun and framing striking views across the lake and toward the recently protected Sugar Loaf Mountain. Little Traverse Lake remains one of Leelanau County’s hidden gems—a picturesque, spring-fed, all-sports lake at the base of Good Harbor Bay. Positioned equidistant to Leland and Glen Arbor, it offers effortless access to the very best of the peninsula. Arrive via a quiet, canopy-lined road where all the acreage across the street is protected National Lakeshore land, offering hiking trails and Lake Michigan beach access just three-quarters of a mile away. Desirable amenities round out this exceptional property, including a heated two-car garage with direct dual-floor access, expansive lakeside decks and patios, a sprawling waterside lawn, a 14'x14' garden shed, and a 16kw whole-house generator.
Last check for updates: about 7 hours ago
Listing courtesy of Peter Fisher
Coldwell Banker Schmidt-Glen A
Source: NGLRMLS, MLS#1948668
Also Listed on NGLRMLS, Realcomp II.
We estimate this home will sell faster than 80% nearby.
Home Details for 788 E Traverse Lake Rd
|
|---|
Interior Details Basement: Full,Walk-Out Access,Finished Rooms,Egress Windows,Finished,Interior EntryNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Master Bathroom, Dining Room, Family Room, Kitchen, Living RoomWet Bar |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 4290 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Oven, Cooktop, Exhaust Fan, Gas Water HeaterDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Natural Gas,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Gas, Wood BurningHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: BlindsFlooring: Wood, Tile, Carpet |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: NoneFloors: Wood, Tile, Carpet |
View Has a ViewView: Water |
Security Security: Security System, Smoke Detector(s) |
|
|---|
Exterior Home Features Roof: MetalPatio / Porch: Deck, Patio, CoveredOther Structures: Shed(s)Exterior: Sprinkler System, Rain Gutters, DockFoundation: BlockNo Private PoolSprinkler System |
Parking & Garage Number of Garage Spaces: 2No CarportHas a GarageHas an Attached GarageNo Open ParkingParking Spaces: 2Parking: Attached,Garage Door Opener,Heated Garage,Concrete Floors,Concrete,Gravel,Private |
Frontage WaterfrontWaterfront: Inland Lake, All Sports, Sandy Bottom, Vegetation to Water Edge, LakeFrontage Type: WaterfrontResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltOn Waterfront |
Water & Sewer Sewer: Private Sewer, Pump BackWater Body: Little Traverse Lake |
Farm & Range Frontage Length: 135 |
Finished Area Finished Area (above surface): 2503 Square FeetFinished Area (below surface): 1787 Square Feet |
|
|---|
Cumulative Days on Market: 24Days on Market: 36 |
|
|---|
Year Built Year Built: 2005 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Log Cabin |
Building Construction Materials: Log, Full LogNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 4500301105500 |
|
|---|
Price List Price: $2,350,000Price Per Sqft: $548 |
Status Change & Dates Possession Timing: Negotiable |
|
|---|
MLS Status: Active U/C Taking Backups |
|
|---|
Direction & Address City: CedarCommunity: n/a |
School Information Elementary School District: Leland Public School DistrictJr High / Middle School District: Leland Public School DistrictHigh School District: Leland Public School District |
|
|---|
Listing Agent Listing ID: 1948668 |
|
|---|
Building Area Building Area: 4290 Square Feet |
|
|---|
Community Features: None |
|
|---|
HOA Fee Includes: None |
|
|---|
Lot Area: 1.12 Acres |
|
|---|
Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash |
|
|---|
BasementMls Number: 1948668Zillow Contingency Status: Accepting Back-up OffersWater View: WaterAbove Grade Unfinished Area: 2503 |
|
|---|
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
$2.29MSince last month
Increased$428K (+22.9%)Since last year
Increased$483K (+26.6%)Since last sale
Increased$2M (+920.6%)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 +145% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.3M |
| August 2026 | $2.29M |
| July 2026 | $1.87M |
| June 2026 | $1.95M |
| May 2026 | $1.9M |
| April 2026 | $1.83M |
| March 2026 | $1.78M |
| February 2026 | $1.87M |
| January 2026 | $1.78M |
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 |
|---|---|---|---|---|---|---|---|
0.87 | Single-Family Home | $1,675,000 | 06/17/26 | 3 | 3 | 3,429 | |
1.05 | Single-Family Home | $580,000 | 10/10/25 | 3 | 3.5 | 2,613 | |
1.02 | Single-Family Home | $709,900 | 06/29/26 | 3 | 2 | 2,555 | |
1.14 | Single-Family Home | $865,000 | 03/23/26 | 4 | 2.5 | 2,352 | |
1.26 | Single-Family Home | $375,000 | 07/08/26 | 3 | 2 | 1,404 | |
1.27 | Single-Family Home | $715,000 | 01/20/26 | 4 | 4 | 2,594 | |
1.64 | Single-Family Home | $565,000 | 06/23/26 | 3 | 2.5 | 1,980 | |
1.60 | Single-Family Home | $1,180,000 | 08/14/26 | 3 | 2.5 | 4,358 | |
1.63 | Single-Family Home | $1,162,500 | 06/15/26 | 4 | 3.5 | 2,800 | |
1.70 | Single-Family Home | $320,000 | 07/07/26 | 4 | 2 | 1,260 |
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 |
|---|---|---|---|---|---|---|
0.04 | - | - | - | - | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.31 | - | - | - | - | Off Market | |
0.41 | $2,495,000 | 4 | 4.5 | 3,690 | For Sale | |
0.51 | $949,000 | 2 | 1 | 799 | For Sale | |
0.67 | - | - | - | - | Off Market | |
0.71 | $838,300 | 2 | 1 | 672 | Off Market | |
0.70 | - | - | - | - | Off Market | |
0.76 | - | - | - | - | Off Market | |
0.78 | $124,900 | - | - | - | For Sale | |
0.78 | $150,000 | - | - | - | For Sale | |
0.78 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 30, 2026 Source: NGLRMLS #1948668 | Listed For Sale | $2,350,000 |
Sep 25, 1998 Source: N/A | Sold | $225,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,726 | $1,290,200 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Peter Fisher, Coldwell Banker Schmidt-Glen A
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.
Similar Homes You May Like
OPEN SAT, 12-2PM0.76 ACRESPeter Fisher
2.14 ACRESMatt Hodges
0.71 ACRESThomas Alflen
0.88 ACRESKERMATH REALTY LLC
OPEN SAT, 1:30-3PMErica Foerster
1.25 ACRESRanae Ihme
NEW CONSTRUCTION1.06 ACRESShawn Schmidt
1.23 ACRESVictoria Oltersdorf
See more homes for sale inCedar
New Listings near 788 E Traverse Lake Rd
- OPEN SAT, 12-2PM0.76 ACRESPeter Fisher
- See more homes for sale inCedar
Frequently asked questions about 788 E Traverse Lake Rd
- What is the estimated monthly payment for 788 E Traverse Lake Rd?Based on a $2,350,000 list price with 20% down at today's rates, the estimated monthly payment for 788 E Traverse Lake Rd in Cedar, MI is approximately $13,889 (about $12,443 principal & interest, $1,371 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 788 E Traverse Lake Rd?The closest schools to 788 E Traverse Lake Rd in Cedar, MI are Leland Public School (K-12, rated 8/10).
- What is 788 E Traverse Lake Rd estimated to be worth?Trulia's estimated value for 788 E Traverse Lake Rd in Cedar, MI is $2,291,200.
- Does 788 E Traverse Lake Rd have air conditioning?Yes, 788 E Traverse Lake Rd in Cedar, MI has air conditioning.
- Does 788 E Traverse Lake Rd have laundry facilities?Yes, 788 E Traverse Lake Rd in Cedar, MI has in-unit laundry.
788 E Traverse Lake Rd, Cedar, MI 49621 is a 3 bedroom, 3 bathroom, 4,290 sqft single-family home built in 2005. This property is currently available for sale and was listed by NGLRMLS on Jul 30, 2026. The MLS # for this home is MLS# 1948668.