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10481 s monaco way

Elmwood Charter Township, MI 49684

$1,200,000

4 BEDS 4.5 BATHS
4,595 SQFT2 AC LOT
Residential - Single Family
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Bedrooms 4
Total Baths 5
Full Baths 4
Square Feet 4595
Acreage 2
Status Active
MLS # 78080070479
County Leelanau
More Info
Category Residential - Single Family
Status Active
Square Feet 4595
Acreage 2
MLS # 78080070479
County Leelanau
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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Exterior Features

  • Construction Single Family
  • Siding WoodSiding
  • Garage Yes

Interior Features

  • Appliances Dishwasher, Disposal, Dryer, Oven, Refrigerator, Range, Washer
  • Heating ForcedAir, NaturalGas
  • Cooling CentralAir
  • Fireplaces Description Gas
  • Living Area 4,595 SQFT
  • Year Built 1998

Neighborhood & Schools

  • High School TraverseCity

Financial Information

  • Parcel ID 004-617-048-00/017-025-25

Additional Services

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Listing Information

Listing Provided Courtesy of Blue Lakes Real Estate Group TC LLC
IDX provided courtesy of Realcomp II Ltd. via Lake Homes Realty and Realcomp Online, (c) 2026 Realcomp II Ltd. Shareholders.
Listing data is current as of 07/22/2026.

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