750 Centre Place #2, Traverse City - SOLD

SOLD DOWNTOWN TRAVERSE CITY WATERFRONT CONDO

SOLD by Oltersdorf Realty LLC on 10/15/2025
$384,900 - 750 Centre Place #2, Traverse City, MI

JUST SOLD | Buyer Agent -> Jonathan Oltersdorf | 750 Centre Place #2, Traverse City, MI – Beautifully remodeled lakeside condo in the Willow Cove condo complex next to the Traverse City Library! This 2 bedroom, 2 bath, 986 sq ft condo has been beautifully renovated from top to bottom and offers a convenient downtown Traverse City location with Boardman Lake views, a private balcony, and car port.

7470 S Shugart Road Traverse City– SOLD

SOLD SOUTH LAKE LEELANAU RANCH HOUSE

LISTING SOLD by Oltersdorf Realty LLC on 10/2/2025
$1,399,000 - 7470 S Shugart Road, Traverse, MI – 3 Bedroom, 2.5 Bath Ranch Home on South Lake Leelanau with a Sandy Shoreline, Sunset Views, and an Extra Lot!

Step onto South Lake Leelanau’s most coveted stretch of shoreline, featuring a sandy beach and spectacular western facing sunsets over the lake! This 3 bedroom, 2.5 bath, 1,780 sq ft ranch, built in 1991, offers turn-key, one-level living with an open living room showcasing lake views and a cozy gas fireplace, plus a spacious waterside primary suite. Additional features include an attached 2+ car garage and a detached outbuilding ideal for storing all your water toys. This rare offering includes two separate parcels, including a vacant back lot with potential to build a 2nd home (buyer to verify details with zoning). Located on quiet, low-traffic Shugart Shores, just 15 minutes from Downtown Traverse City, this property sits in Bingham Township, where Short Term Rentals are allowed with a township permit. Soak up summer on the expansive waterside deck, entertain, relax, and create unforgettable lakeside memories. Don’t miss this exceptional opportunity on Lake Leelanau! Septic replacement options may include A) leasing a neighboring property for a traditional system or B) potentially an on-site ATS, subject to site work, testing, approvals, and not guaranteed (details for both on file).

Vacation Home Hotspots: Michigan #4! (2025)

🏡 Did You Know?
There are over 4.8 million vacation homes in the United States—that’s roughly 3.5% of the entire housing market! Whether it’s a beachfront escape, a cozy cabin in the woods, or a lakeside retreat, Americans love their second homes.

According to recent data, here are the top four states where vacation homes are most popular:

1️⃣ Florida – 800,000 vacation homes
2️⃣ California – 360,000 vacation homes
3️⃣ New York – 309,000 vacation homes
4️⃣ Michigan – 260,000 vacation homes

Not surprisingly, warm weather and natural beauty are big draws—but don’t sleep on the Midwest. Michigan, with its stunning Great Lakes shoreline and countless inland lakes, is a hidden gem for vacation property buyers.

Why Do People Invest in Vacation Homes?

  • Lifestyle: A second home offers a place to relax, recharge, and escape the daily grind.

  • Rental Income: Many owners rent out their vacation homes when not in use, offsetting expenses or generating income.

  • Long-Term Investment: Real estate in desirable vacation destinations tends to appreciate over time.

Is a Vacation Home Right for You?

Whether you're dreaming of a cottage in Leelanau County, a beachfront condo, or a mountain lodge, owning a second home can be a lifestyle upgrade and a smart investment.

➡️ Thinking about buying a vacation home in Michigan? Let’s talk. I know the local market and can help you find the right fit.

-Jonathan Oltersdorf, Oltersdorf Realty LLC

7528 E Meadows Drive, Cedar - SOLD

SOLD ELMWOOD TOWNSHIP RANCH HOME

SOLD by Oltersdorf Realty LLC on 6/26/2025
$565,000 – 7528 E Meadows Drive, Cedar, MI - Brand new 2025 construction 4-bedroom, 3-bath ranch home!

JUST SOLD by Jonathan Oltersdorf | $565,000 – 7528 E Meadows Drive, Cedar, MI - This brand new 2025 construction 4-bedroom, 3-bath ranch home offers 2,499 finished square feet (1,614 above grade, 885 lower level) with a spacious 2-car garage. The open-concept design connects the living, dining, and kitchen areas, all filled with natural light from large windows and enhanced by luxury vinyl plank flooring and elegant finishes. The kitchen is a showstopper with modern appliances, abundant counter space, and a large island perfect for gatherings. Located close to Downtown Traverse City in Elmwood Township!

427 Monroe Street, Traverse City - SOLD

SOLD DOWNTOWN TRAVERSE CITY HOME

SOLD by Oltersdorf Realty LLC on 5/22/2025
427 Monroe Street, Traverse City, MI
$576,000

Tons of potential for this home located in the Slabtown neighborhood in Downtown Traverse City. 4 Bedroom, 2 bath home on a prime 50' x 165' city lot

2222 Kaukauna Ct, Traverse City – SOLD

SOLD HURON HILLS HOME

LISTING SOLD by Oltersdorf Realty LLC on 5/21/2025
2222 Kaukauna Ct, Traverse City, MI – 3 Bedroom & 3 Bath Walkout Ranch Close to Everything!  
$530,000

Welcome to the Huron Hills home you’ve been waiting for! Tucked away on a quiet cul-de-sac at the base of Old Mission Peninsula, this 3-bedroom, 3-bathroom walkout ranch is situated on a low-maintenance wooded lot that keeps the yard work minimal and your weekends free. The home is also just a short walk away from a beautiful public sandy beach on East Bay (Sunrise Peace Park)! One of the biggest highlights of the house is a new 450 sq ft luxury-grade composite rear deck, perfect for relaxing and entertaining guests this summer. Inside, you’ll find 3 main floor bedrooms including a private primary suite, classic 1970s construction with a cool retro charm, and a walkout lower level complete with a charming wood-burning fireplace. Recent updates include fresh paint inside and out, a completely rebuilt rear deck, lower-level luxury vinyl plank flooring, and new shingles on both the house and garage - so the big-ticket stuff is already handled - making it move-in ready with tons of upside for future upgrades. The location is unbeatable - just 3 miles from Downtown Traverse City, 1.5 miles to Eastern Elementary, Central High School, and NMC. Looking for a solid home with great bones, a premium location, and the chance to make your own improvements? Here’s your chance to kick off summer 2025 - and the seasons beyond—living in Traverse City on desirable Old Mission Peninsula!

10017 E Lakeview Hills Road, Traverse City – SOLD

SOLD LAKEVIEW HILLS HOME

LISTING SOLD by Oltersdorf Realty LLC on 4/25/2025
10017 E Lakeview Hills Road, Traverse City, MI – 4 Bedroom & 2.5 Bath Home with Shared West Bay Frontage!
$485,000

Located in a fantastic neighborhood conveniently located between Traverse City and Suttons Bay, this home offers 230 feet of shared sandy frontage on West Grand Traverse Bay! With approximately 2,026 finished sq ft, it features 4 bedrooms, 2.5 baths—including a private primary suite—and a main floor living room and a lower-level family room, both with cozy wood-burning fireplaces. Additional features include newer Pella windows and doors, a natural gas furnace + heat pump/air conditioner, plenty of unfinished basement storage space, a dedicated workshop, and an extra-large attached 24x40 4+ car garage! Situated on a spacious 0.56-acre level lot, the property enjoys a large, fenced backyard with an underground sprinkler system, garden areas, and a rear composite deck. Located on a quiet, county-maintained paved road (no HOA dues here), it's just 7 miles from downtown Traverse City, plus, the sandy neighborhood beach is right across M-22, check it out!

607 W Tenth Street, Traverse City - SOLD

SOLD DOWNTOWN TRAVERSE CITY HOME

SOLD by Oltersdorf Realty LLC on 3/21/2025
607 W Tenth Street, Traverse City, MI
$355,000

JUST SOLD in Downtown Traverse City! This charming 3-bedroom, 2-bath home is nestled in the highly sought-after Central Neighborhood on a rare and spacious 50' x 165' lot. Finding a 50' wide lot at this price point is no easy feat—an incredible opportunity in a prime location!

2024 Grand Traverse County Real Estate Market Report: Year-End Home Sales Data & Trends

2024 Grand Traverse County Real Estate Market Report: Year-End Home Sales Data & Trends

Looking for the latest 2024 Grand Traverse County real estate market trends? This comprehensive year-end home sales report provides in-depth insights into Traverse City home sales, pricing trends, and real estate market performance. Explore historical sales data, compare pricing changes, and discover what’s driving the Northern Michigan housing market.

2024 Grand Traverse County Home Sales Data & Market Trends

The 2024 real estate market in Grand Traverse County saw notable shifts in pricing and sales volume. Below, we break down the key data points for home sales between January 1, 2024, and December 31, 2024, while comparing trends from the past decade (2015-2023). This data includes sales across Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.

Key 2024 Grand Traverse County Home Sales Statistics:

  • Total Homes Sold: +0.38% Increase (compared to 2023)

  • Total Sales Volume: +6.04% Increase

  • Average Home Sales Price: +5.64% Increase

  • Median Home Sales Price: +6.04% Increase

Traverse City & Grand Traverse County Housing Market Insights

The Traverse City real estate market has remained strong, with steady growth in home values and increased buyer demand. Rising home prices in 2024 reflect market stability, while inventory levels continue to shape the housing landscape. Whether you’re a homebuyer, seller, or investor, understanding these real estate market trends is crucial for making informed decisions.

Historical Real Estate Market Comparison: 2015-2024

This Grand Traverse County housing market analysis includes data from the Northern Michigan Realtors MLS spanning 2004-2024. By comparing Traverse City real estate trends over the past decade, you can identify long-term growth patterns and market fluctuations.

Why This Data Matters for Homebuyers & Sellers

  • Sellers: Learn how rising home values can maximize your home sale profits.

  • Buyers: Understand market pricing trends to make informed home purchasing decisions.

  • Investors: Gain insight into Grand Traverse County real estate appreciation rates for better investment strategies.

Reliable Grand Traverse County Home Sales Data

This report is based on verified MLS data from the Northern Michigan Realtors. Note that undisclosed home sales and fractional ownership transactions are excluded to maintain data accuracy.

Need Expert Real Estate Advice? Contact Jonathan Oltersdorf Today!

For personalized insights into Grand Traverse County real estate, reach out to Jonathan Oltersdorf at Oltersdorf Realty, LLC.

📞 Phone: 231-271-7777
📧 Email: jonathan@oltersdorf.com
🌐 Website: www.oltersdorf.com

2025 Current Lake Michigan Water Levels

2025 Current Lake Michigan Water Levels

Lake Michigan Water Levels Down -10 Inches in Past 12 Months

After several years of Lake Michigan water levels holding steady we are now starting to see a noticeable drop in Lake Michigan / Grand Traverse Bay water levels in 2025 as they have decreased 10 inches from this time last year.

The United States Army Corps of Engineers collects and publishes current / past Lake Michigan water level data which is very important to many property owners in Leelanau County & Grand Traverse County who own real estate on Lake Michigan or Grand Traverse Bay. Their last reading took place on January 10, 2025.  

January 10, 2025                   578.02 feet

Difference from January 10, 2024: -10 inches

Difference from long term average: -6 inches

Difference from highest monthly average (2020): -43 inches

Difference from lowest monthly average (2013): +24 inches

Projected change in levels by Feb 10, 2025: - 1 inch

For more information on current & past historic records regarding the Great Lakes Water Levels please visit: http://www.lre.usace.army.mil/Missions/Great-Lakes-Information/Great-Lakes-Water-Levels/Water-Level-Forecast/Weekly-Great-Lakes-Water-Levels/

8485 S W Bay Shore Drive, Traverse City – SOLD

SOLD TRAVERSE CITY WATERFRONT HOME

LISTED & SOLD by Oltersdorf Realty LLC on 10/11/2024
8485 S W Bay Shore Drive, Traverse City, MI – Home with Pool & Direct Sandy Frontage on West Grand Traverse Bay!
$1,075,000 Ask Price

Picturesque panoramic views of Power Island are enjoyed from this year-round waterfront residence offering 3,125 finished sq ft and 62’ of direct sandy beach frontage on desirable West Grand Traverse Bay! Home features include an open great room with cathedral ceilings and breathtaking water views throughout, gas fireplace, separate living & family rooms, office/den, a cozy wood burning stove, new natural gas zoned hot water boiler (2024), and an attached 2+ car garage. Step outside to enjoy an incredible one of a kind in-ground waterside pool with spectacular views and a private sandy shoreline ideal for bonfires, swimming, and boating! Situated in a fantastic location just 6 miles north of Downtown Traverse City, a perfect setting for a year-round primary home, vacation retreat, or rental investment property!

2057 Arrowhead Drive, Traverse City – SOLD

SOLD TRAVERSE CITY RANCH HOME

LISTING SOLD by Oltersdorf Realty LLC on 9/25/2024
2057 Arrowhead Drive, Traverse City, MI – 5 Bedrooms, 3 Baths, 3,216 Sq Ft Walkout Ranch
$580,000

This is the Huron Hills home that you’ve been waiting for! Nestled in a prime location at the base of Old Mission Peninsula, this expansive 5-bedroom, 3-bathroom walkout ranch spans over 3,216 square feet, offering generous living spaces ideal for your entire family and guests. The main level features approximately 1,836 square feet of comfortable living, a spacious living room with vaulted ceilings and a cozy wood burning fireplace, 3 main floor bedrooms including a large main floor private master suite with a private balcony, main floor laundry, and an attached 2 car garage. Descend to the lower level and discover an enormous family room with a 2nd wood-burning fireplace and a walkout door, 2 additional bedrooms, a full bath, and a mechanical/storage room. Outside, enjoy the multi-level decking that overlooks a generous 0.39-acre wooded parcel, offering plenty of privacy amid mature hardwoods. This home is perfectly situated—close to everything yet tucked away in a quiet neighborhood just 2.5 miles from Downtown Traverse City, 0.8 miles to Eastern Elementary, Central High School, and NMC, 1.4 miles to East Bay Park Beach, and 1.7 miles to Bryant Park Beach!

7423 Westwind Road, Traverse City – NEW LISTING

Perfectly situated at the base of Old Mission Peninsula, this meticulously cared for 4-bedroom, 3.5-bath home offers approximately 4,645 sq. ft. of beautifully finished living space, complete with splendid year-round western facing sunset Bay Views! Enjoy endless summer fun in your own in-ground pool, the ultimate backyard retreat for cooling off and unwinding. Since 2018, this home has undergone a long list of impressive updates, including custom Amish built kitchen cabinetry, granite countertops & new appliances, Brazilian cherry hardwood floors, carpeting, full repainting of both the interior and exterior, new drain field, new automatic pool cover & pump, rim joist spray foam insulation, gutters, and so much more! This home is conveniently located on Old Mission - close to everything yet tucked away on a quiet private road just 1.3 miles from East Bay Boat Launch & 3.5 miles to Downtown Traverse City!  

CLICK HERE FOR MORE INFORMATION ON THIS NEW LISTING!

8535 Underwood Ridge, Traverse City - SOLD

SOLD OLD MISSION WATER VIEW HOME

SOLD by Oltersdorf Realty LLC on 4/25/2024
Buyer's Agent --> Jonathan Oltersdorf
8535 Underwood Ridge, Traverse City, MI – Old Mission Water View home featuring 4 bedrooms, 5 baths, 5,265+ finished sq ft, in-ground pool, 2.20 acres, and 500’ of shared sandy frontage on West Grand Traverse Bay!
$1,690,000