PRIME LOCATION! This is a "shovel ready" 1.58 acre development parcel with existing condominium documents in place. Amazing opportunity now available right behind Tom's West Bay. Minutes from the downtown life, beaches, restaurants and shopping. Close to the TART trail and has beautiful West Bay views. Zoned C-1 for high density residential. Many possible development uses such as, condos, single family dwellings or an apartment complex. Municipal water and sewer available. The seller is offering a land contract $50K down, 3% interest, 20 year amortization, 5 year balloon.
Property Details
Property Features
Listing Office:
Office Name: TRAVERSE REAL ESTATE
Listing Agent: Thomas, Cronin
Exterior Features
Exterior Information:
Waterfront: Waterfront
Exterior: Bay View
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Lot Features
Lot Information:
Lot: Other
Lot Size: 1.58 Acres
Other
Directions Information:
Directions: On M-72 West, on the right just past Tom's West Bay.
Price Information
Listing Price Info
Price Summary:
List Price: $499,000
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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.
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Nearby Schools
7
/10
Lakeland Elementary School
616 Buckley St
Distance between this listing and this school6.47 miles
Public District Grades PK-5
7
/10
Old Mission Peninsula School
2699 Island View Rd
Distance between this listing and this school6.53 miles
Public Charter Grades KG-6
4
/10
Suttons Bay Elementary School
310 S Elm St
Distance between this listing and this school8.27 miles
Public District Grades KG-5
Nearby Schools
7
/10
Cherryland Middle School
707 E 3rd St
Distance between this listing and this school6.64 miles
Public District Grades 6-8
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school15.73 miles
Public District Grades PK-7
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school17.40 miles
Public District Grades 6-8
Nearby Schools
3
/10
Sunrise Academy
97 Lake St
Distance between this listing and this school5.84 miles
Public District Grades 9-12
9
/10
Elk Rapids High School
308 Meguzee Pt
Distance between this listing and this school6.71 miles
Public District Grades 9-12
3
/10
Suttons Bay Virtual School
310 S Elm St
Distance between this listing and this school8.27 miles
The neighbors living near this home have an average income of $54,911. Most Peninsula Township, MI residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1079310775 E Traverse Hwy
What is the listing price of this property?
The listing price of 1079310775 E Traverse Hwy property is $499,000.
What type of property is this?
The property 1079310775 E Traverse Hwy is land located in Traverse City, Michigan, 49684.
Is this property for sale now?
Active Listing: 1079310775 E Traverse Hwy is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1079310775 E Traverse Hwy is 1.58 acres.
Interested in 1079310775 E Traverse Hwy? Let's connect.
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This home is located at 1079310775 E Traverse Hwy in Traverse City, MI and zip code 49684. This home sits on a 1.58 acre lot. It has been listed on Rocket Homes since December 10, 2019 and is currently priced at $499,000.
In October 2024 more than 2 listings in Peninsula Township, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. While the average time on the market in October 2024 was 106 days, the median list price was $840,000.
From Rocket Homes Real Estate and based on county public records data.
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