10481 S Monaco, Elmwood, MI 49684
Local realty services provided by:ERA Prime Real Estate Group
10481 S Monaco,Traversecity, MI 49684
$1,200,000
- 4 Beds
- 5 Baths
- 4,595 sq. ft.
- Single family
- Active
Listed by: jennifer hastings
Office: blue lakes real estate group tc llc.
MLS#:78080070479
Source:MI_REALCOMP
Price summary
- Price:$1,200,000
- Price per sq. ft.:$261.15
- Monthly HOA dues:$58.33
About this home
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....
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Home facts
- Year built:1998
- Listing ID #:78080070479
- Added:14 day(s) ago
- Updated:July 16, 2026 at 10:06 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:10
- Bathrooms Description:Jetted Tub
- Kitchen Description:Pantry
- Basement Description:Finished, Full, Partially Finished, Walk-Out Access
- Living area:4,595 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1998
- Building area:4,595 sq. ft.
- Lot area:2 Acres
- Lot Features:Rolling Slope, Water View, Wooded
- Construction Materials:Wood Siding
- Exterior Features:Deck, Patio
- Foundation Description:Basement
- Levels:Two
Utilities
- Water:Well
- Sewer:Shared Septic
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$261.15
- Tax amount:$7,587
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
- Amenities:Entrance Foyer, Pantry
Parking
- Parking description:Attached, Garage, Three Car Garage
- Garage spaces:3