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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

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

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

VL Cedar Run Rd vs Traverse City

32 DAYS ON ROCKET

-52 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: 12/3/2024, 1:20:52 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.

Nearby Schools

school-card-donut-3507391
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 2.08 miles

  • Public District Grades PK-5

school-card-donut-3507392
7
/10
  • Willow Hill Elementary School

  • 1250 Hill St

  • 2.31 miles

  • Public District Grades PK-5

school-card-donut-3507393
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 2.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

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.

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.

Traverse City, MI housing market in November 2024 saw over 8 listings sold above listed price, more than 20 sold at listed price and over 54 sold below. The number of listings in Traverse City, MI decreased by 8.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 84 days, the median list price was $450,000.

From Rocket Homes Real Estate and based on county public records data.

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