Address
10481 S Monaco Way, Traverse City, MI
Price
$ 1,050,000
Property Attributes
- MLS#1950107
- TypeSingle Family
- Listing Status Active
- CountyLEELANAU
- CityTraverse City
- AreaLeelanau
- NeighborhoodElmwood
- Zip49684
- Style
- Year Built1998
- Taxes$ 7587
- Price$ 1,050,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage4595
- Lot Size2 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property 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.
| Price History | |
|---|---|
| 9/2/2026 | Listed $1,050,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | Central Air |
| Possession | Negotiable |
| Roof | Asphalt |
| Appliances | Refrigerator,Oven/Range,Disposal,Dishwasher,Washer,Dryer |
| HOA Fee | 700 |
| Garage Spaces | 3 |
| Association Fee Includes | Other |
| Patio/Porch Features | Deck,Patio |
| Construction Materials | Frame,Wood Siding,Brick |
| Pets Allowed | true |
| Year Built | 1998 |
| Stories Count | 2 |
| Township | Elmwood |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Waterfront Features | All Sports,Sandy Bottom,Great Lake |
| Community Features | Community Dock,Tennis Court(s),Lake Privileges,Pets Allowed,Common Area,Trails |
| Accessibility | None |
| Assoc Fee Paid Per | Annually |
| County | Leelanau |
| New Construction | No |
| Property Type | Residential |
| Attached Garage | Yes |
| Subdivision Name | La Riviera West |
| Garage Y/N | Yes |
| Other Structures | None |
| Full Baths | 3 |
| Status | Active |
| Directions | M-22 to San Remo Blvd to Monaco Way. |
| City | Traverse City |
| Body of Water | Grand Traverse Bay |
| High School District | Traverse City Area Public Schools |
| Zoning Description | Residential |
| Lot Size Units | Acres |
| Lot Size Square Feet | 87120 |
| Carport Y/N | No |
| Spa Features | Bath |
| Tax Annual Amount | 7587 |
| 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 | 387571 |
| Virtual Tour | https://show.tours/v/Thp6XrL |
| Ownership Type | Private Owner |
| Lease Amount Frequency | Annually |
| Legal Description | L464 P966/98 LOT 48 INCLUDING BEACH COMMONS AREA (004-016-046-20) LA RIVIERA WEST NO 3 SEC 17 T28N R11W .72 A and L550 P549/00 L7(SURVEY) P357/00 PRT NE 1/4 OF SE 1/4 SEC 17 COM @ E 1/4 COR SD SEC T |
| Freehold | VOW,BBO,IDX |
Interior Features
| Interior Amenities | Bookcases,Entrance Foyer,Wet Bar,Pantry,Granite Bath Tops,Granite Counters,Kitchen Island,Mud Room,Formal Dining Room,Den/Study,Game Room,Cable TV,High Speed Internet |
|---|---|
| Basement | Walk-Out Access,Finished Rooms,Finished |
| Flooring | Tile,Wood,Carpet |
| Fireplace Features | Gas |
| Kitchen Level | Main |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 3128 |
| Half Baths | 1 |
| 3/4 Baths | 1 |
| Laundry Features | Main Level |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 1467 |
| Living Room Level | Main |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 5 |
| Primary Bathroom Features | Private |
| Kitchen Area | 283.02 |
| Kitchen Length | 17.8 |
| Kitchen Width | 15.9 |
| Primary on Main | 385.82 |
| Second Bedroom Length | 20.2 |
| Second Bedroom Width | 19.1 |
| Bedroom 3 Area | 182.28 |
| Bedroom 3 Length | 12.4 |
| Bedroom 3 Width | 14.7 |
| Bedroom 4 Area | 176.984999999 |
| Bedroom 4 Length | 13.5 |
| Bedroom 4 Width | 13.11 |
| Dining Room Area | 11.1 |
| Dining Room Width | 14.1 |
| Family Room Area | 905.618999999 |
| Family Room Length | 42.9 |
| Living Room Area | 494 |
| Living Room Length | 24.7 |
| Living Room Width | 20 |
| Primary Bedroom Area | 219.62 |
| Primary Bedroom Length | 13.9 |
| Primary Bedroom Width | 15.8 |
| Family Room Width | 21.11 |
| Family Room Level | Lower |
| Dining Room Level | Main |
| Dining Room Area | 156.51 |
| Bedroom 4 Level | Upper |
| Bedroom 3 Level | Upper |
| Second Bedroom Level | Upper |
Exterior Features
| Exterior Amenities | Sidewalk,Garden |
|---|---|
| Parking Features | Asphalt,Circular Driveway,Attached |
| Lot Features | Cul-De-Sac,Wooded-Hardwoods,Wooded,Evergreens,Level,Rolling Slope,Landscaped,Subdivided |
| Water Source | Private |
| Lot Size Area | 2 |
| Number of Buildings | 1 |
| Spa | Yes |
| Lot Size Acres | 2 |
| Road Surface Type | Asphalt |
| Frontage Length | 550 |
| Waterfront Y/N | Yes |
| 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 49684
Price
Taxes
Year Built
Visits
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 22, 2026 1:19 AM UTC
Water Wonderland Board of REALTORS® 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
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
