The median home value in Traverse City, MI is $397,250
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 $397,250.
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.
Wooded, private 1.35-acre lot in desirable Cedar Valley Ridge. Driveway roughed in and level building site cleared. 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. 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.
Wooded, private 1.35-acre lot in desirable Cedar Valley Ridge. Driveway roughed in and level building site cleared. 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. 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.
Location! Location! Build your dream home with amazing views and privacy! Located in the Grayhawk neighborhood only minutes from downtown TC. This wooded sloping lot would allow for a beautiful walkout lower level with stunning views. Just one mile from Munson Medical Center and minutes to Traverse City's amazing dining experiences. Tucked away at the top of the neighborhood sits this rare lot with endless opportunities. The trees and foliage make for a private and peaceful setting.
Location! Location! Build your dream home with amazing views and privacy! Located in the Grayhawk neighborhood only minutes from downtown TC. This wooded sloping lot would allow for a beautiful walkout lower level with stunning views. Just one mile from Munson Medical Center and minutes to Traverse City's amazing dining experiences. Tucked away at the top of the neighborhood sits this rare lot with endless opportunities. The trees and foliage make for a private and peaceful setting.
Stunning views of one of the most beautiful blue water lakes in Michigan. This lot is made for your dream home! It's just minutes away from the boat launch, numerous wineries, orchards and all that Traverse City has to offer. It's just a short drive to Sutton's Bay or Sleeping Bear Dunes. It's just beautiful in every direction, but you may want to stay home to enjoy your own incredible sunsets over Lake Leelanau. This is a rare lot that is ready for you to build in one of Leelanau's most desirable neighborhoods.
Stunning views of one of the most beautiful blue water lakes in Michigan. This lot is made for your dream home! It's just minutes away from the boat launch, numerous wineries, orchards and all that Traverse City has to offer. It's just a short drive to Sutton's Bay or Sleeping Bear Dunes. It's just beautiful in every direction, but you may want to stay home to enjoy your own incredible sunsets over Lake Leelanau. This is a rare lot that is ready for you to build in one of Leelanau's most desirable neighborhoods.
Great opportunity to own a large 4+ acre development parcel within the city limits of Traverse City. Zoned C-1 which allows for a variety of uses including commercial, multi family and residential. Land naturally rises to the north allowing for some spectacular bay and city views. Land along M-72 (East Traverse Highway) is relatively flat and can be easily developed for commercial use. City water and sewer located on the road ROW with extremely reasonable fees for developers to access. So may opportunities with this rare large parcel located in the rapidly developing Traverse City market.
Great opportunity to own a large 4+ acre development parcel within the city limits of Traverse City. Zoned C-1 which allows for a variety of uses including commercial, multi family and residential. Land naturally rises to the north allowing for some spectacular bay and city views. Land along M-72 (East Traverse Highway) is relatively flat and can be easily developed for commercial use. City water and sewer located on the road ROW with extremely reasonable fees for developers to access. So may opportunities with this rare large parcel located in the rapidly developing Traverse City market.
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
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.
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.
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.
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.
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.
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.
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!
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.
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.
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!
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