3 months on rocket

18599 Mission Rd, Traverse City, MI, 49686

$5,000,000

0 Baths
5,644 SqFt
$886/SqFt
House

Location

Image provided by Mapbox

Property Highlights

ParkingOther
Year Built1865
HeatingHot Water
WaterfrontWaterfront
FireplaceOther
MLS #1926874
Lot Size10.86 Acres
StatusActive

About 18599 Mission Rd

The Old Mission Inn, a stunning historic Victorian Inn on the renowned Old Mission Peninsula in Traverse City, blending old-world charm with modern comfort.---- Whether you are looking for the premiere custom home on the Old Mission Peninsula, or a successful, business, this is the place!---This beautifully restored property boasts 13 unique rooms and 11 baths, a large covered porch, multiple elegant dining spaces, and a spacious commercial kitchen.----- With breathtaking Lake Michigan views, it sits in the heart of the wine region, offering guests an unforgettable experience.------- Included in the sale is the Mission Bay Café, a well-loved spot for guests to enjoy food and drinks, primed to become a top destination for locals and visitors alike.--------- This property works great for a historic home/family retreat, a successful B & B, a possible wedding venue or event center, high end or casual dining/bar opportunity or just continue operating the Inn.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Bed & Breakfast
  • Year Built: 1865
  • Living Area: 5,644 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Michigan - TC
  • Office Phone: (231) 947-7777
  • Listing Agent: Kenneth Weaver

Interior Features

Interior Information:

  • Appliances: Other
  • Interior: Great Room, Breakfast Nook, Foyer Entrance
  • Fireplace: Other

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Bay View, Countryside View, Wood

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 10.86 Acres

Utilities

Utilities Information:

  • Heating: Hot Water

Other

Directions Information:

  • Directions: Center Road to Old Mission Rd to Mission Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
  • Price Per SqFt: $886/SqFt

Tax Information:

  • Annual Amount: $5,971
  • Tax Year: 2021
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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

18599 Mission Rd vs Traverse City

103 DAYS ON ROCKET

+19 Days

$5,000,000

+$4.5M More

$886/SqFt

+$628 More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $628/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1926874

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Michigan - TC
  • Office Phone: (231) 947-7777
  • Listing Agent: Kenneth Weaver

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, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,971$526,300
2020$5,984$512,600
2019 - $464,200
2018 - $415,800
2017 - $371,300

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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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-4505597
7
/10
  • Old Mission Peninsula School

  • 2699 Island View Rd

  • 6.08 miles

  • Public Charter Grades KG-6

school-card-donut-4505598
7
/10
  • Lakeland Elementary School

  • 616 Buckley St

  • 6.35 miles

  • Public District Grades PK-5

school-card-donut-4505599
4
/10
  • Suttons Bay Elementary School

  • 310 S Elm St

  • 8.07 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,911. Typical income of Traverse City, MI residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18599 Mission Rd

What is the listing price of this property?

The listing price of 18599 Mission Rd property is $5,000,000.

What type of property is this?

The property 18599 Mission Rd is a house located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 18599 Mission Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,971 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 18599 Mission Rd is 5,644 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18599 Mission Rd is 1865.
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Rocket HomesMichiganGrand Traverse CountyTraverse City4968618599 Mission Rd

This home is located at 18599 Mission Rd in Traverse City, MI and zip code 49686. This 5,644 square foot home, which was built in 1865, sits on a 10.86 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $5,000,000.

In November 2024 more than 8 listings in Traverse City, MI were sold above the asking price. During the same period more than 20 listings were sold at asking price, while 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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