Prime development opportunity awaits on the gentle slopes of Morgan Farms! 42 acres for sale with dual access points from M-72 and E Carter Rd. Phase II Hilltop residential development features 66 pre-approved lots for single family homes. This exceptional property offers stunning vistas of both the downtown skyline and West Grand Traverse Bay, representing one of the area's final large-scale land parcels available. The site consists primarily of elevated, well-drained terrain covered with established maples and red pines. Road construction and clearing are in progress, engineering work is finished, and remaining permit applications submitted. Experience countryside living while remaining within walking/biking distance or brief 5-minute drive to downtown Traverse City's excellent retail/dining/entertainment options, schools, medical facilities, and seasonal events. Complete infrastructure includes city water/sewer, electricity, natural gas, and cable services.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Schmidt Traverse City
Office Phone: (231) 929-7985
Listing Agent: Mark Hagan
Exterior Features
Exterior Information:
Waterfront: Water View
Exterior: Countryside View
Lot Features
Lot Information:
Lot: Sloped, Wooded
Lot Size: 42.00 Acres
Other
Directions Information:
Directions: From M-22/M-72 junction (Tom's Market West Bay), follow M-22 north to left on E Carter Rd to Morgan Farms on left or follow M-72 west to Morgan Farms entrance on right
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
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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.
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 school1.02 miles
Public District Grades PK-5
7
/10
Central Grade Elementary School
301 7th St
Distance between this listing and this school2.17 miles
Public District Grades PK-5
5
/10
Long Lake Elementary School
7600 N Long Lake Rd
Distance between this listing and this school3.65 miles
Public District Grades PK-5
Nearby Schools
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school2.17 miles
Public District Grades PK-7
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school2.40 miles
Public District Grades 6-8
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school7.10 miles
Public District Grades 6-8
Nearby Schools
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school1.87 miles
Public Charter Grades 6-12
8
/10
West Senior High School
5376 N Long Lake Rd
Distance between this listing and this school2.25 miles
Public District Grades 9-12
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school3.74 miles
The neighbors living near this home have an average income of $70,033. Typical income of Traverse City, MI residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About E Carter Rd
What is the listing price of this property?
The listing price of E Carter Rd property is $2,500,000.
What type of property is this?
The property E Carter Rd is land located in Traverse City, Michigan, 49684.
Is this property for sale now?
Active Listing: E Carter Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at E Carter Rd in Traverse City, MI and zip code 49684. This home sits on a 42.00 acre lot. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $2,500,000.
In November 2024, from all listings sold in Traverse City, MI there were more than 8 sold above asking price, over 54 sold below and more than 20 were sold right at the asked price. In November 2024 in Traverse City, MI there were 8.3% less homes for sale than in October 2024. In November 2024 median list price was $450,000 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.
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