This listing in Williamsburg, Michigan presents a unique opportunity to own a sizable piece of land with a convenient location and access to numerous amenities. It's worth considering the various possibilities and potential this property has to offer. The proximity to Torch Lake, Elk Lake, Grand Traverse Bay, Downtown Traverse City, Flint Horse Fields and the Grand Traverse Resort provides plenty of recreational options for residents or visitors to enjoy. Additionally, the countless lakes, parks, and trails in the area offer opportunities for outdoor activities and exploration. One notable feature of the property is its proximity to the TART trail. This trail is part of the Traverse Area Recreation and Transportation (TART) system and provides a scenic route for walking, running, or biking. The fact that the trail connects all the way to Suttons Bay is a significant advantage for those who enjoy outdoor adventures. The property is zoned for agriculture. You must take to time to tour this unique property to appreciate all that it has to offer.
Property Details
Property Features
Listing Office:
Office Name: The Mitten Real Estate Group
Office Phone: (231) 421-1970
Listing Agent: Ryan Craig
Lot Features
Lot Information:
Lot: Rolling/Hilly, Wooded
Lot Size: 98.19 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,499,000
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 Williamsburg, MI.
This property is $921.5K more than the Median Sold Price in Williamsburg, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Aspire North REALTORS
MLS Number: #78080046371
Listing Office:
Office Name: The Mitten Real Estate Group
Office Phone: (231) 421-1970
Listing Agent: Ryan Craig
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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.
$7,549
Per Month
Principal & Interest
$7,482
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
$4,561
Powered By
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
Rapid City Elementary School
5258 River Road
Distance between this listing and this school4.06 miles
Public District Grades PK-5
6
/10
Mill Creek Elementary School
9039 Old M 72
Distance between this listing and this school5.33 miles
Public District Grades PK-5
8
/10
Birch Street Elementary School
309 N Birch St
Distance between this listing and this school5.47 miles
Public District Grades PK-3
Nearby Schools
4
/10
Kalkaska Middle School
1700 W Kalkaska Rd
Distance between this listing and this school5.25 miles
Public District Grades 6-8
8
/10
Woodland School
7224 Supply Rd
Distance between this listing and this school9.26 miles
Public Charter Grades KG-8
7
/10
Cherryland Middle School
707 E 3rd St
Distance between this listing and this school9.78 miles
Public District Grades 6-8
Nearby Schools
5
/10
Kalkaska High School
109 N Birch St
Distance between this listing and this school5.59 miles
Public District Grades 9-12
9
/10
Elk Rapids High School
308 Meguzee Pt
Distance between this listing and this school9.69 miles
Public District Grades 9-12
3
/10
Sunrise Academy
97 Lake St
Distance between this listing and this school10.54 miles
The neighbors living near this home have an average income of $47,030. Most Williamsburg, MI residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5502 M-72 E
What is the listing price of this property?
The listing price of 5502 M-72 E property is $1,499,000.
What type of property is this?
The property 5502 M-72 E is land located in Williamsburg, Michigan, 49690.
Is this property for sale now?
Active Listing: 5502 M-72 E 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 5502 M-72 E in Williamsburg, MI and zip code 49690. This home sits on a 98.19 acre lot. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $1,499,000.
In November 2024 more than 1 listings in Williamsburg, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. In November 2024, listings were on the market for 123 days. During the same period, the median list price in this real estate market was $577,500.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Monster Trucks
Monster Trucks
NASCAR
Hunting
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Ram
Country
New Country