$2,500,000
Est. payment /mo
42.12 Acres Lot
Active
E Carter Road Traverse City, MI 49684
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 80065064
Lot Size 42.120 Acres
Acres 42.12
Lot Dimensions see docs
Property Sub-Type Vacant Land
Property Description
Discover an exceptional development opportunity nestled in the picturesque Morgan Farms! This prime 42-acre parcel offers convenient dual access from both M-72 and E Carter Rd, making it easily accessible from multiple directions. The Phase II Hilltop residential development has been thoughtfully designed with 66 pre-approved lots specifically zoned for single family homes. This remarkable property showcases breathtaking panoramic views of both the vibrant downtown skyline and the sparkling waters of West Grand Traverse Bay, making it one of the last remaining large-scale development parcels in this highly desirable area. The terrain features gently rolling, elevated topography with excellent natural drainage, adorned with mature maple trees and stately red pines creating an idyllic setting. Current development progress includes ongoing road construction and clearing operations, completed engineering work, and submitted permit applications awaiting approval. Residents will enjoy the perfect balance of peaceful countryside living while remaining incredibly accessible to downtown Traverse City - just a pleasant walk/bike ride or quick 5-minute drive away. The city center offers outstanding shopping, diverse dining options, entertainment venues, quality schools, comprehensive medical facilities, and engaging seasonal events. The property comes complete with full modern infrastructure including city water/sewer connections, electrical service, natural gas lines, and cable/internet capabilities.
Location
State MI
County Leelanau
Area Traverse City (28021)
Zoning Site Condominium
Building
Lot Description Sloping, Treed, Wooded
Water None
Schools
School District Traverse City Area Public Schools
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Schmidt Traver
NEARBY SCHOOL & BUSINESS
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