Opportunities like this don't come along often. Welcome to 3984 5 Mile, a rare opportunity to create your own Northern Michigan retreat on an exceptional property one mile from the sparkling shores of Grand Traverse Bay and only minutes from downtown Traverse City, area beaches, wineries, golf, dining, shopping, and the region's expanding equestrian facilities. Perfectly positioned to offer the best of both worlds, this property blends peaceful country living with convenient access to everything that makes Northern Michigan such a sought-after destination. Set on a beautifully landscaped parcel with mature trees, terraced gardens, and open green space, the setting offers privacy, character, and room to grow. Whether you're searching for a year-round residence, a seasonal getaway , or a property with exceptional flexibility, the possibilities here are endless. Inside, you'll find a warm and inviting floor plan highlighted by an updated kitchen featuring Corian countertops, abundant workspace, and a functional layout that serves as the heart of the home. The main level includes two comfortable bedrooms, along with a private den or study overlooking the covered patio and in-ground pool. This versatile space is ideal as a home office, library, sitting room, or creative studio, offering peaceful backyard views and seamless access to the outdoor living areas. Designed for entertaining and everyday enjoyment, the backyard showcases a private inground pool surrounded by mature landscaping. The covered patio provides the perfect setting for summer gatherings, outdoor dining, or relaxing evenings. An integrated sprinkler system helps keep the grounds beautifully maintained throughout the season. The finished lower level significantly expands the home's living space, offering a functional third bedroom that would benefit from an egress window to become fully conforming. A spacious recreation room, built-in bar area, dedicated craft or hobby space, and generous storage provide flexibility for entertaining, guests, hobbies, or multi-generational living. The property's versatility continues with a tandem two-car attached garage, connected to the home by a convenient breezeway. The heated rear portion of the garage has already been adapted into additional usable living or recreation space, making it ideal for a fitness room, workshop, studio, hobby room, or bonus lounge. Adding even more value is the impressive 28' x 46' improved pole.