Builders, seize this golden opportunity! Seven fully improved lots are awaiting your next spec house or custom build in the tranquil Terrace Estates—a serene condo development comprising 58 sites. Situated just two miles from local schools and the picturesque Boardman Lake, these vacant lots provide the perfect foundation for crafting a haven of condo living. Immerse yourself in Traverse City's natural splendor by exploring the scenic Boardman Lake Trails, which seamlessly connect you to vibrant amenities like the public library, Medalie and Hull Parks, and delightful neighboring communities. Perched high on a bluff, these seven remaining lots offer walkout potential and come fully equipped with city water, sewer, and utilities, all accessible via paved roads adjacent to the lots. Enjoy the convenience of proximity to shopping, dining, the airport, and all the finest amenities downtown Traverse City has to offer!
Property Details
Property Features
Listing Office:
Office Name: REMAX Bayshore - W Bay Shore Dr TC
Office Phone: (231) 941-4500
Listing Agent: Darrius Norton
Exterior Features
Exterior Information:
Waterfront: None
Exterior: None
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 1.54 Acres
School Info
Assigned Schools Information:
Central High School, Public District Grades 9-12
East Middle School, Public District Grades 6-8
Traverse Heights Elementary School, Public District Grades PK-5
Tcaps Montessori School, Public District Grades PK-6
Other
Directions Information:
Directions: S. Airport Road then South on Garfield Road, West on Oak Terrace Road, North on Aspen Bluff, East on Terrance Bluff
Price Information
Listing Price Info
Price Summary:
List Price: $249,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Traverse City, MI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,310
Per Month
Principal & Interest
$1,243
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$813
Powered By
Advertisement
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.
Elementary School
3
/10
Traverse Heights Elementary School
933 Rose St
Distance between this listing and this school1.23 miles
Public District Grades PK-5
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school1.99 miles
Public District Grades PK-6
Middle School
6
/10
East Middle School
1776 3 Mile Rd N
Distance between this listing and this school2.67 miles
Public District Grades 6-8
High School
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school2.54 miles
Public District Grades 9-12
Assigned Schools
3
/10
Traverse Heights Elementary School
933 Rose St
Distance between this listing and this school1.23 miles
Public District Grades PK-5
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school1.99 miles
Public District Grades PK-6
Nearby Schools
7
/10
Central Grade School
301 W Seventh St
Distance between this listing and this school2.29 miles
Public District Grades PK-5
Assigned Schools
6
/10
East Middle School
1776 3 Mile Rd N
Distance between this listing and this school2.67 miles
Public District Grades 6-8
Nearby Schools
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school2.57 miles
Public Charter Grades 6-8
7
/10
West Middle School
3950 Silver Lake Rd
Distance between this listing and this school2.69 miles
Public District Grades 6-8
Assigned Schools
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school2.54 miles
Public District Grades 9-12
Nearby Schools
2
/10
Traverse City High School
3962 3 Mile Rd N
Distance between this listing and this school2.22 miles
Public District Grades 6-12
8
/10
Grand Traverse Academy
1245 Hammond Rd E
Distance between this listing and this school2.63 miles
The neighbors living near this home have an average income of $33,167. The majority of Traverse City, MI residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 00 Terrace Bluff Dr
What is the listing price of this property?
The listing price of 00 Terrace Bluff Dr property is $249,000.
What type of property is this?
The property 00 Terrace Bluff Dr is land located in Traverse City, Michigan, 49686.
Is this property for sale now?
Active Listing: 00 Terrace Bluff Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 00 Terrace Bluff Dr are: Traverse Heights Elementary School: GreatSchools Rating 3/10Tcaps Montessori School: GreatSchools Rating 9/10East Middle School: GreatSchools Rating 6/10Central High School: GreatSchools Rating 8/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 00 Terrace Bluff Dr in Traverse City, MI and zip code 49686. This home sits on a 1.54 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $249,000.
In October 2024, from all listings sold in Traverse City, MI there were more than 19 sold above asking price, over 41 sold below and more than 23 were sold right at the asked price. The number of homes for sale in Traverse City, MI increased by 5.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $446,781, while the average time on the real estate market was 73 days.
From Rocket Homes Real Estate and based on county public records data.
Figure Skating
Figure Skating
Pro Wrestling
PGA/LPGA
Kmart
Wal-Mart
Family Dollar
Bob Evans
Sonic
Dominos Pizza
Buick
Oldsmobile
Ford
Oldies
New Country