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Jenn Smart

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10481 S Monaco , Traverse City, MI 49684
$1,050,000
Est. Payment: $5,471.70/mo
4 Bed
5 Bath
3126 Sqft
Status: active | Days on site: 22
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Welcome to 10481 S. Monaco Way, where one of Northern Michigan's most desirable waterfront communities offers a lifestyle that has become increasingly difficult to find. On more than two private, wooded acres in the prestigious La Riviera community, this home combines exceptional privacy with 550 feet of shared frontage on the crystal clear waters of West Bay. Here, luxury is defined not by proximity to neighbors, but by space, serenity, and access to everything that makes life in Traverse City extraordinary. Set well back from the road beneath a canopy of mature hardwoods, the property offers over 4,500 square feet of living space designed for gathering, entertaining, and everyday comfort. Multiple living areas, spacious bedrooms, and a functional floor plan provide an outstanding foundation for the next owner to personalize and create a home that reflects their own style. While cosmetic updates may be desired, the opportunity to secure this combination of acreage, privacy, and premier community is one that rarely becomes available. Life at La Riviera extends well beyond your property lines. Spend summer days enjoying the community's expansive shared frontage on West Bay, launch your boat for an afternoon on the water, challenge friends to a match on the neighborhood tennis courts, or explore miles of scenic recreation with direct access to the TART Trail. Downtown Traverse City, renowned restaurants, wineries, golf courses, and beaches are all just minutes away, allowing you to enjoy the best of Northern Michigan without sacrificing peace and privacy. For buyers who understand that homes can be renovated but remarkable settings cannot be recreated, 10481 S. Monaco Way presents an exceptional opportunity to invest in one of Traverse City's most established and sought-after waterfront communities.

Highlights

Listed by Jennifer Hastings , 443-895-0764 Blue Lakes Real Estate Group TC LLC , 231-683-2125. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
2

HOA Fee

700 Yearly

Year Built

1998

County

Leelanau

Area

Elmwood Twp (45004)

Neighborhood

La Riviera West

School District

Traverse City Area Public Schools

Listing ID

80071821

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
Air Cond:Central A/C
Fireplaces:Gas Fireplace
Above Ground Sq Ft:3126
Below Ground Sq Ft:1467
Basement:Finished,Full,Partially Finished,Walk Out
Other:
  • Additional:Spa/Jetted Tub
Water:Private Well

Exterior Features

Lot Dimensions:See survey
Zoning:Residential
Others:
  • Additional:Deck, Patio, Sidewalks
Sewer:Community
Parking Features:Attached Garage,Garage
Principal Interest
$5,472
Taxes
$669
HOA
$700

Home Price

$1,050,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$210,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,471.70

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,471.70 $669.38 $700.00 $6,841.07
Yearly $65,660.35 $8,032.50 $8,400.00 $82,092.85
Total $1,969,810.58 $240,975.00 $252,000.00 $2,462,785.58
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Traverse City, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T04:57:55.100Z

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