Vacant acreage parcel located in popular East Bay Township with easy access to the Arbutus Lake boat launch, campground and trails just down the road.---This heavily wooded lot features numerous building sites, some with nice lake views. No subdivision restrictions here, only the township rules. Other area amenities include the VASA Trail, snowmobile trail head, thousands of acres of State land and easy access to Spider Lake with downtown Traverse City less than 10 miles away.
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.
$492
Per Month
Principal & Interest
$425
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
$321
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Courtade Elementary School
1111 Rasho Rd
Distance between this listing and this school1.59 miles
Public District Grades PK-5
4
/10
Cherry Knoll Elementary School
1800 3 Mile Rd N
Distance between this listing and this school3.01 miles
Public District Grades PK-5
3
/10
Traverse Heights Elementary School
933 Rose St
Distance between this listing and this school6.41 miles
Public District Grades PK-5
Nearby Schools
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school2.86 miles
Public District Grades 6-8
8
/10
Woodland School
7224 Supply Rd
Distance between this listing and this school4.21 miles
Public Charter Grades KG-8
7
/10
Kingsley Area Middle School
403 Blair St
Distance between this listing and this school6.74 miles
Public District Grades 5-8
Nearby Schools
8
/10
Grand Traverse Academy
1245 Hammond Rd E
Distance between this listing and this school3.22 miles
Public Charter Grades PK-12
2
/10
Traverse City High School
3962 3 Mile Rd N
Distance between this listing and this school4.87 miles
Public District Grades 9-12
6
/10
Kingsley Area High School
7475 Kingsley Rd
Distance between this listing and this school6.96 miles
The neighbors living near this home have an average income of $62,139. The majority of Traverse City, MI residents have income between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2999 N Arbutus Lake Rd
What is the listing price of this property?
The listing price of 2999 N Arbutus Lake Rd property is $85,000.
What type of property is this?
The property 2999 N Arbutus Lake Rd is land located in Traverse City, Michigan, 49696.
Is this property for sale now?
Active Listing: 2999 N Arbutus Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 2999 N Arbutus Lake Rd is 1.19 acres.
Interested in 2999 N Arbutus Lake Rd? Let's connect.
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 2999 N Arbutus Lake Rd in Traverse City, MI and zip code 49696. This home sits on a 1.19 acre lot. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $85,000.
Over 19 listings were sold over their listed price in October 2024 in Traverse City, MI. In the same period over 41 listings were sold below the listed price and 23 listings were sold for the listed price. The number of listings in Traverse City, MI increased by 5.3% between September 2024 and October 2024. In October 2024 median list price was $446,781 and the average listing age was 73 days.
From Rocket Homes Real Estate and based on county public records data.