2035 N US-31 N 502 Active Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49686
Key Details
Property Type Condo
Sub Type Craftsman
Listing Status Active
Purchase Type For Sale
Square Footage 1,060 sqft
Price per Sqft $16
Subdivision Tamarack Lodge
MLS Listing ID 78080015233
Style Craftsman
Bedrooms 2
Full Baths 2
HOA Fees $51/mo
Year Built 2006
Property Description
Tamarack Lodge sells their condos fractionally, similar to timeshares. This is Junior Penthouse Suite 502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 40 (Oct 4-11) for 2024) every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($402) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $750 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come! Please see the associated documents for details.
Location
State MI
County Grand Traverse
Area East Bay Twp
Rooms
Kitchen Dishwasher,Disposal,Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Type Gas
Exterior
Waterfront Description Shared Water Frontage,Water Front,Lake/River Priv
Building
Lot Description Water View
Foundation Pillar/Post/Pier
Sewer Shared Septic (Common)
Water Public (Municipal)
Structure Type Stone,Wood
Schools
School District Traverse City
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional