Prime 20 acre residential development land consisting of two parcels in great location on the west side of Traverse City. Located between N. Long Lake and Lone Tree roads with access from Zimmerman Rd. Zoned R-2 allowing for single family or duplexes. Site plan available for a previously approved 40 home single family development that could be modified for higher density duplex development. Close to downtown amenities and the Munson Medical campus. West Senior High is nearby and convenient to Long Lake Elementary and West Middle School. Adjoins the Lone Tree subdivision and Brookside apartments. Seller will consider selling the parcels individually. Two splits available on the south parcel, and two splits are available on north parcel in 2027. All utilities including municipal water/sewer available.
Property Details
Property Features
Listing Office:
Office Name: Three West, LLC
Office Phone: (231) 929-2955
Listing Agent: Bill Somerville
Exterior Features
Exterior Information:
Waterfront: None
Exterior: Countryside View, Development Property
Lot Features
Lot Information:
Lot: Level, Rolling/Hilly
Lot Size: 19.80 Acres
Other
Directions Information:
Directions: Southwest side of the intersection of Lone Pine Rd and Harris Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $790,000
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.
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.
$4,010
Per Month
Principal & Interest
$3,943
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
$2,435
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 school2.02 miles
Public District Grades PK-5
7
/10
Central Grade Elementary School
301 7th St
Distance between this listing and this school2.47 miles
Public District Grades PK-5
5
/10
Long Lake Elementary School
7600 N Long Lake Rd
Distance between this listing and this school2.56 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 school1.30 miles
Public District Grades 6-8
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school2.47 miles
Public District Grades PK-7
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school6.67 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 school0.59 miles
Public District Grades 9-12
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school1.43 miles
Public Charter Grades 6-12
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school4.39 miles
The neighbors living near this home have an average income of $67,344. Typical income of Traverse City, MI residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Lone Tree Rd
What is the listing price of this property?
The listing price of TBD Lone Tree Rd property is $790,000.
What type of property is this?
The property TBD Lone Tree Rd is land located in Traverse City, Michigan, 49684.
Is this property for sale now?
Active Listing: TBD Lone Tree 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 TBD Lone Tree Rd in Traverse City, MI and zip code 49684. This home sits on a 19.80 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $790,000.
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. Between September 2024 and October 2024, Traverse City, MI real estate market has seen increase in the number of listings by 5.3%. Listings spent 73 days on the market in October 2024, and had a median list price of $446,781 during the same period.
From Rocket Homes Real Estate and based on county public records data.