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VL Cedar Run Rd, Traverse City, MI, 49684

$2,800,000

107.30 Acres
Land

Location

Image provided by Mapbox

Property Highlights

WaterfrontNone
MLS #1928660
Lot Size107.30 Acres
StatusActive

About VL Cedar Run Rd

Exceptional approved PUD opportunity in Long Lake Township featuring 107 acres, which includes two condominiums with associated documentation. One condominium features 102 ready-to-build lots, while the other offers boat and snowmobile storage for up to 55 units. Additionally, there are two existing barns on the property designated for Association use: one is a historic structure with three levels, and the other has concrete flooring with space for four vehicles. These barns could serve as future meeting or recreation areas. This PUD is the only one of its kind in Long Lake Township and is just minutes from the Long Lake boat launch and two public beaches. Designed by Johnson/Hill, the same group behind Crystal Mountain, this PUD is well-planned, featuring nearly 40 acres of communal open space, including walking and biking trails, along with potential sites for playgrounds and gazebos. A large dune-like hill already exists for sledding and exercise. All of the heavy lifting of planning and township approval has been done, so you can hit the ground running upon purchase! Conveniently located near TC West Senior High School, the PUD's southern entrance is less than one mile from the famous Moomers ice cream. Downtown Traverse City and Munson Hospital are just 10 minutes away, and Cherry Capital Airport is 20 minutes away. The sellers also own 2.5 acres of residential land with frontage on Coffield Lake, located directly across the road from the southern entrance of this PUD (N Long Lake Rd). They are open to selling this land as a separate transaction.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Michigan - TC
  • Office Phone: (231) 350-8039
  • Listing Agent: Johnny Crane

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: None

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly
  • Lot Size: 107.30 Acres

School Info

Assigned Schools Information:

  • West Senior High School, Public District Grades 9-12
  • West Middle School, Public District Grades 6-8
  • Long Lake Elementary School, Public District Grades PK-5
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: East of Tilton Rd and West of Straight Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,800,000
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

VL Cedar Run Rd vs Traverse City

4 DAYS ON ROCKET

-69 Days

$2,800,000

+$2.3M More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1928660

Listing Office:

  • Office Name: Berkshire Hathaway Homeservices Michigan - TC
  • Office Phone: (231) 350-8039
  • Listing Agent: Johnny Crane

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,461

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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.

Elementary School

school-card-donut-1716040
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 2.19 miles

  • Public District Grades PK-5

school-card-donut-1716041
9
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 2.78 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1716042
7
/10
  • West Middle School

  • 3950 Silver Lake Rd

  • 1.80 miles

  • Public District Grades 6-8

High School

school-card-donut-1716043
8
/10
  • West Senior High School

  • 5376 N Long Lake Rd

  • 0.62 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,344. Residents of Traverse City, MI typically earn between $35k-100k each year. Typical family type 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 VL Cedar Run Rd

What is the listing price of this property?

The listing price of VL Cedar Run Rd property is $2,800,000.

What type of property is this?

The property VL Cedar Run Rd is land located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: VL Cedar Run Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for VL Cedar Run Rd are:
Long Lake Elementary School: GreatSchools Rating 5/10
Tcaps Montessori School: GreatSchools Rating 9/10
West Middle School: GreatSchools Rating 7/10
West Senior High School: GreatSchools Rating 8/10

How much acreage is this property?

The property VL Cedar Run Rd is 107.30 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City49684VL Cedar Run Rd

This home is located at VL Cedar Run Rd in Traverse City, MI and zip code 49684. This home sits on a 107.30 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $2,800,000.

While more than 19 listings in Traverse City, MI in October 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 41 were sold below. 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.

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