Large development parcel just west of Downtown Traverse City with over 1,600' on Cedar Run Rd and 33.5 usable acres. This property has beautiful views from the elevated western edge of the property, including views of downtown and the bay. On the eastern side are rolling hills and the edges of the property are lined with lovely mature hardwoods. Municipal water and public sewer line is available. Currently zoned Agricultural but Garfield Township's master plan calls for Low Density Residential (1-3 units per acre) so property could be rezoned to R-1. PURD Planned Urban Residential District could be applied for, which would allow for clustered home sites and public trails. Capped Fly Ash pit on property is approximatley 16 acres that cannot be developed. See associated documents for additional information and offer evaluation criteria.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Schmidt Traver
Listing Agent: Daniel Stiebel
Exterior Features
Exterior Information:
Exterior: Bay View, Countryside View, Development Property
Lot Features
Lot Information:
Lot: Rolling/Hilly, Sloped, Cleared
Lot Size: 49.50 Acres
Other
Directions Information:
Directions: From the intersection of W Front St & Cedar Run Rd, head NW on Cedar Run Rd for 1mile. Subject property is mostly cleared property on both sides of the road.
Price Information
Listing Price Info
Price Summary:
List Price: $850,000
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,310
Per Month
Principal & Interest
$4,243
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
$2,615
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
7
/10
Willow Hill Elementary School
1250 Hill St
Distance between this listing and this school1.56 miles
Public District Grades PK-5
7
/10
Central Grade Elementary School
301 7th St
Distance between this listing and this school2.22 miles
Public District Grades PK-5
5
/10
Long Lake Elementary School
7600 N Long Lake Rd
Distance between this listing and this school2.84 miles
Public District Grades PK-5
Nearby Schools
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school1.50 miles
Public District Grades 6-8
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school2.22 miles
Public District Grades PK-7
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school6.74 miles
Public District Grades 6-8
Nearby Schools
8
/10
West Senior High School
5376 N Long Lake Rd
Distance between this listing and this school1.09 miles
Public District Grades 9-12
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school1.34 miles
Public Charter Grades 6-12
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school4.10 miles
The neighbors living near this home have an average income of $50,142. Residents of Traverse City, MI typically earn between $35k-100k each year. 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 4728 Cedar Run Rd
What is the listing price of this property?
The listing price of 4728 Cedar Run Rd property is $850,000.
What type of property is this?
The property 4728 Cedar Run Rd is land located in Traverse City, Michigan, 49684.
Is this property for sale now?
Active Listing: 4728 Cedar Run Rd is For Sale (Active/New) which means the seller is accepting offers.
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 4728 Cedar Run Rd in Traverse City, MI and zip code 49684. This home sits on a 49.50 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $850,000.
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 listings in Traverse City, MI increased by 5.3% between September 2024 and October 2024. In October 2024, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $446,781.
From Rocket Homes Real Estate and based on county public records data.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Best Buy
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information