The median home value in Traverse City, MI is $392,500.
This is
higher than
the county median home value of $160,000.
The national median home value is $308,980.
The average price of homes sold in Traverse City, MI is $392,500.
Approximately 55% of Traverse City homes are owned,
compared to 36% rented, while
10% are vacant.
Traverse City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Traverse City real estate agent to arrange a tour today!
Learn more about Traverse City.
44 North. Traverse City's newest neighborhood. Location is best of both worlds, at the base of the Leelanau peninsula yet still within Traverse City with amenities it has to offer. Neighborhood features, city water, city sewer, TART trail, underground utilities, paved roads. Located 1.5 miles from Downtown Traverse City, Munson Hospital, Harbor West Marina and Clinch Park Marina. Spectacular views of Grand Traverse Bay and Power Island. Seller is a Licensed Real Estate Agent in the State of Michigan
This is a fantastic redevelopment opportunity directly on Front Street, where the value lies in the land. It comes with engineered plans for a cutting-edge project featuring twelve luxury condos, each about 1,400 square feet. Three out of twelve units are eligible for STR. There's also 3,000 square feet of flexible commercial space on the ground floor that could be used for retail or common space for condominium owners: gym, shared workspace, lounge, etc., and a huge rooftop lounge perfect for relaxing. We've crunched the numbers and see a potential sellout value of $15 million. You'll need to wrap up some additional engineering before breaking ground. Do your own due diligence to determine your comfort level with the project.
Wooded, private cul-de-sac 1.43-acre lot in desirable Cedar Valley Ridge. Recently surveyed. 133 acres of common area are directly accessible. Common area includes 7 miles of groomed trails perfect for hiking, dog walking, and cross-country skiing. Enjoy a peaceful walk through the meadow and along pristine Cedar Run Creek, both nearby this well-placed parcel. Common area is exclusive to owners in Cedar Valley Ridge and a small handful of adjacent neighbors. This award-winning 177-acre development has only 35 home sites and is located just 7.5 miles from Traverse City. Fiber optic cable, natural gas and underground electric available. www.cedarvalleyridge.com.
This 1.83 acre vacant property, in beautiful Leelanau County, promises the ultimate blend of tranquility and convenience. Nestled near the cross-town TART trail, this vacant property offers unrivaled access to outdoor adventures and scenic walks, just steps from your doorstep. Wake up to breathtaking vistas of West Grand Traverse Bay every morning. This property has the potential for your newly built dream home to maximize these stunning panoramic views. Whether you envision a peaceful retreat or a vibrant family home, this property is a blank canvas awaiting your creative vision. Enjoy being just minutes from Traverse City and all of its amenities, including shops, restaurants, and recreational facilities. Leelanau County itself offers the perfect balance of rural charm and modern convenience. Lot lines in pictures are approximate. Buyer should verify all boundary lines with plat map or Elmwood Township.
Come take a look at this R-2 (High Density Residential) multi-family zoned 10 acre parcel just minutes from downtown Traverse City. Endless opportunities exist. Previous township approval was received for 21 home sites with municipal water and sewer hookup available but the property could also be split into 3 executive parcels which would have sweeping countryside views and a nice treed backdrop. You can't beat this fabulous location next to Lone Tree Estates, and so close to shopping, restaurants and schools.
Call your developers and builders! Here's an exciting opportunity to own a rare 20 acre development property just minutes from downtown Traverse City! This R-2 (High Density Residential) multi-family zoned property has a nice mixture of open land surrounded by a treed backdrop. Comprised of two adjoining 10 acre parcels and previously approved for 40 home sites, this property has beautiful sweeping countryside views from every angle. You can't beat this fabulous location next to Lone Tree Estates, and so close to shopping, restaurants and schools. It's very rare to still find large acreage parcels this close to town. Municipal water and sewer are available.
Call your developers and builders! Here's an exciting opportunity to own a rare 10 acre development property just minutes from downtown Traverse City! This R-2 (High Density Residential) multi-family zoned property has a nice mixture of open land surrounded by a treed backdrop. previously approved for 19 home sites, this property has beautiful sweeping countryside views from every angle. You can't beat this fabulous location next to Lone Tree Estates, and so close to shopping, restaurants and schools. It's very rare to still find large acreage parcels this close to town. Municipal water and sewer are available.
LOCATION LOCATION! Bahia Vista neighborhood, a well kept secret for years but is now experiencing popularity due to its proximity to Traverse City (2 miles), a short 3/4 mile drive to West Bay and all within Leelanau County. This corner wooded lot has a ""peekaboo" view of West Bay. the lot next door is likely unbuildable due to topography which is a potential bonus to the new owner of this lot. The neighborhood is a 18 acre wooded community comprised of 28 building sites and 9 acres of common green-space. Building restrictions in place. If you need a BUILDER, Owner has a builder that can BUILD YOUR DREAM HOME" AND CAN BEGIN BUILD IN 2024!!!. Builder has built 3 other homes in the neighborhood.
Welcome to Paradise Ridge! A superb location for your custom build, this parcel is conveniently located off of Reynolds Road just north of Lake Ann and about 20 minutes to Traverse City. At almost 3.5 acres, this parcel gave the current owners much to work with - and they definitely worked with it! A driveway has been installed to an elevated building site, with well and septic permits pulled and waiting for transfer to a new owner. The development of the lot to date was completed with great intention and purpose - come take a walk and envision your new home on the hill in Lake Ann.
Indulge your boat with its very own 30' x 14' slip at the prestigious Harbor West Yacht Club marina. This highly sought-after slip is conveniently situated just steps away from parking and the clubhouse, offering exclusive access to a members' lounge, private patio, and grills. Below, you'll find bathrooms and showers for added convenience, while the West End Tavern above awaits with its dining options, full bar, and inviting patio. Embrace the ultimate Up North boating lifestyle and become the proud owner of this exceptional slip!
Your boat will be so happy in a 30' x 14' slip of its own at the popular marina of Harbor West Yacht Club. Highly desirable slip location. Just steps from Parking and the Clubhouse, where slip owners have access to a members' lounge, private patio, grills, with bathrooms and showers in the lower level, and West End Tavern sits above it, for dining, full bar, and patio. Enjoy the best Up North boating lifestyle you could imagine - be the owner!
Harbor West Slip 139. Closest Slip to Parking Lot. On Wall w/Large Cement Patio Area Adjacent. (Picnic table & Grill)! 14 x 33.50. Completely Protected from Wind! Large Area & Channel to Motor In/Out of Slip with Ease. Club House Features a Beautiful Lounge with Full Kitchen - Laundry - Showers & Restrooms for Owners/Members. Dockside utilities available include Water-Electric-Internet/Cable. Fuel Dock and Pump Out Services Onsite. Seller has used the slip for a 30Ft Boat with Swim Platform. Association Dues billed Quarterly. Full Service Restaurant & Bar above the Clubhouse at the Marina! Nice.
One of the last vacant lots in Slabtown! This is a rare opportunity to build your dream home in the heart of the city. You will be able to sit in your front yard and enjoy the views of Grand Traverse Bay. This lot is perfectly located steps from West Bay Beach, the Tart Trail, Ashton Park, Tom's grocery store and downtown Traverse City.
Nestled within the heart of the popular Breeze Hill community, this lovely 0.68-acre parcel offers a rare opportunity to build your dream home in an idyllic setting. With its countryside views and convenient location, this vacant land promises the perfect canvas for creating a home that harmonizes with nature. Escape the hustle and bustle of city life without sacrificing access to amenities. Just 15 minutes from downtown Traverse City, the location ensures a perfect balance of peace and convenience. Don't miss your opportunity to build on one of the last available lots in the development!
Excellent opportunity to build on a corner lot in an established subdivision. Heritage Estates is conveniently located close to elementary, middle, and high school campuses. This flat parcel is ideal for building a home just outside the city limits but within minutes to the amenities Traverse City has to offer.
Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #185177). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.
SILVER LAKE DEVELOPMENT PARCEL 670 FEET OF FRONTAGE ON 35 ACRES Ideal Northern Michigan location a short distance from the cultural center of Traverse City, discover this development site or private estate setting. You will be close to all the area""s amenities including fabulous restaurants; glorious resorts & spas; renowned wineries; fishing and water sports galore, golf and downhill skiing. Silver Lake is a large natural lake surrounded by pines and hardwoods with six small islands. This parcel is currently platted for a yet undeveloped subdivision of 38 shared access parcels. Many potential uses. Let your imagination soar with this one-of-a-kind waterfront acreage parcel.
Prime development parcel at the base of West Grand Traverse Bay. Perfect for hotel, condo/hotel, or commercial waterfront uses.This 12.01 acre parcel has 300 feet of West Bay frontage with existing pier and boat slips. Site has excellent exposure on M22 with morning sunrise views and evening city light views. The parcel also has direct access to the Leelanau Tart Trail. Approximate buildable acreage is 5.24. The site has been previously approved for Hotel/condo use and a 64 slip marina. Seller has the following available to qualified buyers: surveys, environmental reports, complete engineered Marina drawings, EGLE permits, township communications, Wave study, and Brownfield information. Buyer to confirm possible uses and zoning with appropriate municipal and governmental authorities. The seller and seller's agent make no representation as to exact size and use of property.
INCOCHEE - an outstanding development, this highly desirable location offers quick access to town. Beaches, parks, hiking trails, groceries and churches are all within walking distance. Many beautiful lots with park-like settings, beautiful trees and some with bay views. Lots are moving quickly. If you are planning to build your own home and haven't yet found the perfect lot, this may be it.
INCOCHEE - an outstanding development, this highly desirable location offers quick access to town. Beaches, parks, hiking trails, groceries and churches are all within walking distance. Many beautiful lots with park-like settings, beautiful trees and some with bay views. Lots are moving quickly. If you are planning to build your own home and haven't yet found the perfect lot, this may be it.
INCOCHEE - an outstanding development, this highly desirable location offers quick access to town. Beaches, parks, hiking trails, groceries and churches are all within walking distance. Many beautiful lots with park-like settings, beautiful trees and some with bay views. Lots are moving quickly. If you are planning to build your own home and haven't yet found the perfect lot, this may be it.
Inochee means "Friendly" - an outstanding development, this highly desirable location offers quick access to town. Beaches, parks, hiking trails, groceries and churches are all within walking distance. Many beautiful lots with park-like settings, beautiful trees and some with bay views. Lots are moving quickly. If you are planning to build your own home and haven't yet found the perfect lot, this may be it.
Attention Developers & Builders - All of the heavy lifting has been done. Utilities are in place and this beautiful lot is ready for construction! Gorgeous views in a primo location close to all downtown amenities. Nicely elevated + good drainage & surrounded by high valued properties. The lot has been approved for 19 units.
Fantastic turn-key development opportunity on the rolling slopes of Morgan Farms! 42 acres available with access to both M-72 and E Carter Rd. 66 single family home lots have been preapproved in a Phase II Hilltop residential development. This truly unique property boasts fabulous views of both the city skyline and West Grand Traverse Bay in one of the last available tracts of land of this scale in the area. This location has mostly high and dry land populated by mature maples and red pines. New road construction and tree clearing already underway, all engineering complete, and remaining permits applied for. Enjoy the rural setting while being within biking/walking or five-minute drive of downtown Traverse City with terrific shopping/dining/entertainment, schools, hospital, and year-round festivals. Available utilities include municipal water/sewer, electric, natural gas, and cable.
Great Development just out side the city limits. Select from many home plans to meet your personal needs. Municipal water and sewer, low taxes, location and schools are some of the many features this home site will deliver for many years of enjoyment.