1 year on rocket

000 N E Silver Lake Rd, Traverse City, MI, 49685

$999,000

29.75 Acres
Land

Location

Image provided by Mapbox

Property Highlights

WaterfrontNone
MLS #1914345
Lot Size29.75 Acres
StatusActive

About 000 N E Silver Lake Rd

UNLEASH YOUR IMAGINATION ON 29+ BREATHTAKING ACRES! Endless possibilities await you with this expansive parcel. Options available for seller financing. Whether you're an investor with a vision, a dreamer looking to create your own legacy estate, or someone seeking to address the pressing need for housing, this remarkable property offers you the canvas to bring your ideas to life through building a single family home, parcel subdivision, or a site condo development. Conveniently located with close proximity to downtown Traverse City, schools, lakes, golfing and all of the amenities the area has to offer, this is a rare opportunity that does not come around often. Seize the chance to turn your dreams into reality and make a lasting investment that will stand the test of time. Explore the endless possibilities that await on these beautiful and rolling acres. Addl info: GARFIELD TWP CONTACTS: 231-941-1620, Amy DeHaan-Assessor, John Sych-Planning Site condo option-min lot size 1 acre; 66' right of way for access road. Private well & septic systems allowed. Closest city water source is at corner of Silver Pines Rd & N E Silver Lk Rd. Parcel details: orig parent parcel 26.75 acres; addl 3 acres added 2014 (located behind the home @1120 N E Silver Lk Rd). These 3 acres cannot be a stand-alone parcel/have to be included in parent parcel; now=29.75 acres.

Property Details

Property Features

Listing Office:

  • Office Name: EXIT Realty Paramount
  • Office Phone: (231) 946-4404
  • Listing Agent: Holly Hack

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Countryside View, Development Property

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly, Cleared, Wooded
  • Lot Size: 29.75 Acres

Other

Directions Information:

  • Directions: Take Silver Lake Rd to N. East Silver Lake Rd. At the corner by Francisco's Market turn left. Travel 1.7 miles to property on your left. (0.4 miles past Silver Pines Rd) The property is NORTH of white house at 1120 N E Silver Lk Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

000 N E Silver Lake Rd vs Traverse City

496 DAYS ON ROCKET

+412 Days

$999,000

+$549K More

KEY TAKEAWAY

This property is $549K more than the Median Sold Price in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1914345

Listing Office:

  • Office Name: EXIT Realty Paramount
  • Office Phone: (231) 946-4404
  • Listing Agent: Holly Hack

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4402720
4
/10
  • Silver Lake Elementary School

  • 5858 Culver Rd

  • 1.19 miles

  • Public District Grades PK-5

school-card-donut-4402721
3
/10
  • Blair Elementary School

  • 1625 Sawyer Rd

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-4402722
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 5.00 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,246. The majority of Traverse City, MI residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 000 N E Silver Lake Rd

What is the listing price of this property?

The listing price of 000 N E Silver Lake Rd property is $999,000.

What type of property is this?

The property 000 N E Silver Lake Rd is land located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: 000 N E Silver Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 000 N E Silver Lake Rd is 29.75 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City49685000 N E Silver Lake Rd

This home is located at 000 N E Silver Lake Rd in Traverse City, MI and zip code 49685. This home sits on a 29.75 acre lot. It has been listed on Rocket Homes since August 09, 2023 and is currently priced at $999,000.

While more than 8 listings in Traverse City, MI in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 54 were sold below. The number of homes for sale in Traverse City, MI decreased by 8.3% between October 2024 and November 2024. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $450,000.

From Rocket Homes Real Estate and based on county public records data.

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