1942 Hoosier Valley Road, Traverse City, MI 49685
1942 Hoosier Valley Road, Traverse City, MI 49685
1942 Hoosier Valley Road, Traverse City, MI 49685
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$899,000
Est. payment /mo
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5 Beds
3 Baths
2,438 SqFt
Active

1942 Hoosier Valley Road Traverse City, MI 49685

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,438 sqft

Price per Sqft $368

MLS Listing ID 80066476

Style 2 Story

Bedrooms 5

Full Baths 3

Abv Grd Liv Area 2,438

Year Built 2023

Lot Size 5.190 Acres

Acres 5.19

Lot Dimensions See survey.

Property Sub-Type Single Family

Property Description

Set along a quieter stretch of Hoosier Valley Road, this property currently operates as a professionally managed short-term rental, but it functions differently than most Traverse City listings. About 10 minutes outside downtown Traverse City. Close enough for restaurants, events, and waterfront access, but far enough from traffic, density, or neighboring rentals stacked on top of each other. The Kingsley Club, stretches of the Boardman River, and trailheads like Lone Pine, Oleson Bridge, and Keystone Rapids offer up north recreational opportunities just minutes away. Built in 2023 on just over five wooded acres, the layout of this home is built for family, friends, and guests to gather. Five to six bedrooms, multiple gathering areas, and outdoor space that actually gets used. From the road, the house is visible. Once you’re on the property, the living areas face into the woods, and that’s where the experience shifts. The STR structure is already established. Fully permitted, professionally managed, and consistently booked. This isn’t “investment potential.” It’s already performing, with a track record that supports it. One detail that matters more out here than most buyers expect is internet reliability. Starlink is installed and performs well, which removes a common issue for properties in this type of setting. In this part of the market, newer construction on acreage tends to draw a different buyer. Someone who wants a property that’s already set up for group use without inheriting the maintenance curve of an older home. That’s a different profile than in-town rentals, where turnover is higher and management tends to be more hands-on. Historical performance and current booking trends are available for review. Under current management, the property will generate nearly $100K in annual gross revenue. Future performance will vary based on management, owner use, and market conditions.

Location

State MI

County Grand Traverse

Area Blair Twp (28002)

Zoning Residential

Rooms

Basement Block

Interior

Interior Features Walk-In Closet, Window Treatment(s), Skylights

Hot Water Propane Hot Water

Heating Forced Air

Cooling Central A/C

Appliance Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Garage No

Building

Story 2 Story

Foundation Crawl

Water Private Well

Structure Type Vinyl Siding

Schools

School District Traverse City Area Public Schools

Others

Ownership Private

Energy Description LP/Propane Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Net Real Estate

NEARBY SCHOOL & BUSINESS

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Morgan Beilfuss

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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1942 Hoosier Valley Road