Just Listed
Address
5055 S Colonial Drive, Traverse City, MI
Price
$ 530,000
Property Attributes
- MLS#1951003
- TypeSingle Family
- Listing Status New
- CountyGRAND TRAVERSE
- CityTraverse City
- AreaGrand Traverse
- NeighborhoodGarfield
- Zip49685
- StyleRaised Ranch
- Year Built2015
- Price$ 530,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1692
- Lot Size0.43 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description
Easy living, room to grow, and a Traverse City location that keeps you close to everything. Welcome to 5055 S Colonial Drive in Heritage Estates, an established neighborhood offering a comfortable residential setting without sacrificing convenience. Built in 2015, this 3-bedroom, 2-bath home offers nearly 1,700 finished square feet with a functional layout designed for everyday living. The unfinished lower level provides tremendous flexibility and the opportunity to create additional living space, a home office, gym, guest space, hobby room, or simply enjoy the exceptional storage. Outside, enjoy the neighborhood setting while staying close to Traverse City shopping, dining, recreation, area lakes, trails, and all that makes Northern Michigan living so desirable. Comfortable as it is today with plenty of potential for tomorrow, this is a home that can easily evolve with your needs. Move in. Settle in. Make it yours.
| Price History | |
|---|---|
| 9/28/2026 | Listed $530,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Fireplace(s),Natural Gas |
| Cooling | Central Air |
| Possession | Close Plus 30 Days |
| Roof | Asphalt |
| Appliances | Refrigerator,Oven/Range,Dishwasher,Microwave,Washer,Dryer |
| Garage Spaces | 2 |
| Association Fee Includes | Other |
| Patio/Porch Features | Patio,Covered,Porch |
| Architectural Style | Raised Ranch |
| Construction Materials | Frame,Vinyl Siding,Stone |
| Pets Allowed | false |
| Year Built | 2015 |
| Township | Garfield |
| Property Subtype | Single Family Residence |
| Waterfront Features | None |
| Community Features | None |
| Accessibility | None |
| Assoc Fee Paid Per | Annually |
| County | Grand Traverse |
| New Construction | No |
| Property Type | Residential |
| Attached Garage | Yes |
| Subdivision Name | Heritage Estates No 5 |
| Garage Y/N | Yes |
| Other Structures | None |
| Full Baths | 2 |
| Status | New |
| Directions | Zimmerman Road to Heritage Estates; left on S. Colonial Dr. |
| City | Traverse City |
| High School District | Traverse City Area Public Schools |
| Zoning Description | Residential |
| Lot Size Units | Acres |
| Lot Size Square Feet | 18730.8 |
| Carport Y/N | No |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Lease Considered Y/N | No |
| Primary Bedroom Level | Main |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Traverse City Area Public Schools |
| Elementary School District | Traverse City Area Public Schools |
| Tax Assessed Value | 218736 |
| Virtual Tour | https://show.tours/v/HKL8fhj |
| Ownership Type | Private Owner |
| Lease Amount Frequency | Annually |
| Legal Description | UNIT 154 HERITAGE ESTATES NO 5 CONDOMINIUM SUB NO 158 LIBER 1524 PAGES 198-232 SEC 18 T27N R11W |
| Freehold | VOW,BBO,IDX |
Interior Features
| Interior Amenities | Entrance Foyer,Granite Bath Tops,Granite Counters,Kitchen Island,Mud Room,Vaulted Ceiling(s),Cable TV,High Speed Internet |
|---|---|
| Basement | Full,Egress Windows,Bath/Stubbed |
| Fireplace Features | Gas,Insert,Heatilator |
| Kitchen Level | Main |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 1692 |
| Laundry Features | Main Level |
| Total Bedrooms | 3 |
| Living Room Level | Main |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
| Primary Bathroom Features | Private |
| Kitchen Area | 136.99 |
| Kitchen Length | 10.3 |
| Kitchen Width | 13.3 |
| Primary on Main | 106.155 |
| Second Bedroom Length | 10.11 |
| Second Bedroom Width | 10.5 |
| Bedroom 3 Area | 115.36 |
| Bedroom 3 Length | 10.3 |
| Bedroom 3 Width | 11.2 |
| Dining Room Area | 10.5 |
| Dining Room Width | 13.1 |
| Living Room Area | 355.77 |
| Living Room Length | 17.7 |
| Living Room Width | 20.1 |
| Primary Bedroom Area | 193.5 |
| Primary Bedroom Length | 12.9 |
| Primary Bedroom Width | 15 |
| Dining Room Level | Main |
| Dining Room Area | 137.549999999 |
| Bedroom 3 Level | Main |
| Second Bedroom Level | Main |
Exterior Features
| Exterior Amenities | Sprinkler System,Sidewalk,Rain Gutters |
|---|---|
| Parking Features | Asphalt,Attached |
| Lot Features | Level,Sloped,Landscaped,Subdivided |
| Water Source | Public |
| Lot Size Area | 0.43 |
| Foundation Details | Poured Concrete |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 95x170 |
| Lot Size Acres | 0.43 |
| Waterfront Y/N | No |
| Road Responsibility | Public Maintained Road |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49685
Price
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 27, 2026 8:16 PM UTC
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
