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Laura DeSmit

lauradesmit@gmail.com +1(734) 564-2736

$ 1,200,000

Est. payment | -/mo

4 Beds

5 Baths

3,126 SqFt

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$ 1,200,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

5 Baths

3,126 SqFt

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 3,126 sqft

Price per Sqft $383

Subdivision La Riviera West

MLS Listing ID 78080070479

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Fees $700/ann

Year Built 1998

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type SingleFamilyResidence

Property Description

Welcome to 10481 S. Monaco Way, where one of Traverse City's most coveted lifestyles meets an opportunity that has become increasingly difficult to find. Sitting on more than two private acres within the desirable La Riviera community, this four-bedroom, four-bath residence offers an extraordinary combination of space, privacy, and 550 feet of shared frontage on the crystal-clear waters of West Bay. Surrounded by mature hardwoods and set well back from neighboring homes, the property delivers a level of seclusion rarely found this close to downtown Traverse City. Inside, the home offers generous living spaces, multiple gathering areas, spacious bedrooms, and a floor plan designed for entertaining, weekend retreats, or year-round living. While the home would benefit from updating and the vision of its next owner, it presents an exceptional opportunity to personalize a property in one of Northern Michigan's most sought-after waterfront communities. Whether your style leans toward timeless elegance, modern sophistication, or relaxed lake living, this home provides the space and setting to create something truly special. Beyond the walls, the lifestyle is what sets this property apart. Spend mornings walking beneath towering trees, afternoons boating on West Bay, evenings entertaining on the expansive grounds, and weekends exploring nearby wineries, golf courses, beaches, and downtown Traverse City's renowned dining and shopping. A private path also provides convenient access to the TART Trail, connecting you to miles of recreation right from your neighborhood. Properties offering this much acreage, privacy, shared waterfront, and proximity to Traverse City have become increasingly rare. While finishes can be updated, locations like this simply cannot be recreated. 10481 S. Monaco Way is more than a home. It is an opportunity to create your own legacy in one of Northern Michigan's most desirable waterfront communities.

Location

State MI

County Leelanau

Area Area45111Elmwoodtwp

Rooms

Basement Finished, Full, Partially Finished, Walk Out Access

Main Level, 11.0*14.0 DiningRoom

Upper Level, 12.0*15.0 Bedroom3

Upper Level, 20.0*19.0 Bedroom2

Main Level, 18.0*16.0 Kitchen

Main Level, 25.0*20.0 LivingRoom

Main Level, 8.0*6.0 Laundry

Main Level, 14.0*16.0 Bedroom1

Upper Level, 14.0*13.0 Bedroom4

Lower Level, 43.0*21.0 FamilyRoom

Interior

Interior Features EntranceFoyer, JettedTub, Pantry

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplaces Type Gas

Fireplace No

Exterior

Parking Features ThreeCarGarage, Attached, Garage

Garage Spaces 3.0

Community Features TennisCourts

Waterfront Description AllSportsLake, SharedWaterFrontage, WaterAccessRights, Waterfront, SandyBottom

View Y/N No

Garage true

Building

Lot Description WaterView, RollingSlope, Wooded

Foundation Basement

Sewer Shared Septic

Water Well

New Construction No

Schools

School District Traverse City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed Yes

Virtual Tour https://show.tours/v/Thp6XrL

Listed by Jennifer Hastings of Blue Lakes Real Estate Group TC LLC

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(734) 564-2736

lauradesmit@gmail.com

Learn More About LPT Realty

10481 S Monaco WAY Elmwood Twp, MI 49684