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.
Positioned mere minutes from Traverse City and Suttons Bay, Leelanau Highlands presents beautiful sights of West Bay and the surrounding countryside. Offering both traditional and estate-sized lots, along with well-lit pathways and a communal park, this community fosters a sense of belonging. With stringent building regulations in place and preserved wooded areas, it ensures the conservation of its natural surroundings. Convenient access to public boat launches and the Leelanau trail enhances the outdoor experience. Moreover, the neighborhood boasts underground utilities, natural gas service, and cable/phone amenities. Families can choose between Traverse City Schools and Suttons Bay Schools, providing educational options.
Positioned mere minutes from Traverse City and Suttons Bay, Leelanau Highlands presents beautiful sights of West Bay and the surrounding countryside. Offering both traditional and estate-sized lots, along with well-lit pathways and a communal park, this community fosters a sense of belonging. With stringent building regulations in place and preserved wooded areas, it ensures the conservation of its natural surroundings. Convenient access to public boat launches and the Leelanau trail enhances the outdoor experience. Moreover, the neighborhood boasts underground utilities, natural gas service, and cable/phone amenities. Families can choose between Traverse City Schools and Suttons Bay Schools, providing educational options.
Builders, seize this golden opportunity! Seven fully improved lots are awaiting your next spec house or custom build in the tranquil Terrace Estates""a serene condo development comprising 58 sites. Situated just two miles from local schools and the picturesque Boardman Lake, these vacant lots provide the perfect foundation for crafting a haven of condo living. Immerse yourself in Traverse City's natural splendor by exploring the scenic Boardman Lake Trails, which seamlessly connect you to vibrant amenities like the public library, Medalie and Hull Parks, and delightful neighboring communities. Perched high on a bluff, these seven remaining lots offer walkout potential and come fully equipped with city water, sewer, and utilities, all accessible via paved roads adjacent to the lots. Enjoy the convenience of proximity to shopping, dining, the airport, and all the finest amenities downtown Traverse City has to offer!
Builders, seize this golden opportunity! Seven fully improved lots are awaiting your next spec house or custom build in the tranquil Terrace Estatesa serene condo development comprising 58 sites. Situated just two miles from local schools and the picturesque Boardman Lake, these vacant lots provide the perfect foundation for crafting a haven of condo living. Immerse yourself in Traverse City's natural splendor by exploring the scenic Boardman Lake Trails, which seamlessly connect you to vibrant amenities like the public library, Medalie and Hull Parks, and delightful neighboring communities. Perched high on a bluff, these seven remaining lots offer walkout potential and come fully equipped with city water, sewer, and utilities, all accessible via paved roads adjacent to the lots. Enjoy the convenience of proximity to shopping, dining, the airport, and all the finest amenities downtown Traverse City has to offer!
Affordable East Bay Frontage! Have you dreamed of an easy spot to drop your beach bag and launch your paddle board or kayak for a day on the water? Do you envy those that can grab a cup of coffee and head out to see the sunrise? Shared with just 4 other families, this quarter acre lot with 25 feet of sandy East Bay frontage is your chance to own a piece of coveted Old Mission Peninsula. Bluff road is closed beyond this parcel, so it is like enjoying the quiet of a cul-de-sac. Located near wineries, restaurants, and convenience markets, it is a great launching spot for all your Peninsula fun! A perc test is being updated to see what waste system options are available.
Affordable East Bay Frontage! Have you dreamed of an easy spot to drop your beach bag and launch your paddle board or kayak for a day on the water? Do you envy those that can grab a cup of coffee and head out to see the sunrise? Shared with just 4 other families, this quarter acre lot with 25 feet of sandy East Bay frontage is your chance to own a piece of coveted Old Mission Peninsula. Bluff road is closed beyond this parcel, so it is like enjoying the quiet of a cul-de-sac. Located near wineries, restaurants, and convenience markets, it is a great launching spot for all your Peninsula fun! A perc test is being updated to see what waste system options are available.
Enjoy the OMP life! Perfect opportunity to build your dream home AND enjoy 330 feet of shared sandy beachfront on beautiful West Bay, including the opportunity to hoist/dock a boat. Bayside Woods is a small enclave of fine homes, with just 28 parcels. Recent improvements include a 48" wide Twin Bay Dock system as well as erosion control improvements. Lot ownership includes 1/28th interest in the beachfront. Ownership will also include 4 dock sections (per HOA requirements) and a 4500 lb NuCraft boat hoist. With a little creativity, this lot provides the perfect setting for a home with a walk out basement, nestled in the trees. From here, you can enjoy the lake life, with beautiful sunset views, cruising the waterways, exploring local wineries and all the highlights that make OMP and TC some of the best places in the country to live!
Enjoy the OMP life! Perfect opportunity to build your dream home AND enjoy 330 feet of shared sandy beachfront on beautiful West Bay, including the opportunity to hoist/dock a boat. Bayside Woods is a small enclave of fine homes, with just 28 parcels. Recent improvements include a 48" wide Twin Bay Dock system as well as erosion control improvements. Lot ownership includes 1/28th interest in the beachfront. Ownership will also include 4 dock sections (per HOA requirements) and a 4500 lb NuCraft boat hoist. With a little creativity, this lot provides the perfect setting for a home with a walk out basement, nestled in the trees. From here, you can enjoy the lake life, with beautiful sunset views, cruising the waterways, exploring local wineries and all the highlights that make OMP and TC some of the best places in the country to live!
A once-in-a-generation offering - 253 feet of private, direct West Bay frontage on Old Mission Peninsula. Very few parcels remain with this much untouched frontage - this is a fantastic opportunity to bring your vision and dreams to create your own ideal retreat from scratch. Building restrictions are limited to Peninsula Township regulations; Phelps road is extremely private, and this section is publicly maintained by Grand Traverse County - there are no private road agreements, and maintenance is guaranteed. Please note that waterfront cannot be split, but additional acreage across the road easement may be eligible for a split/resale in the future.
A once-in-a-generation offering - 253 feet of private, direct West Bay frontage on Old Mission Peninsula. Very few parcels remain with this much untouched frontage - this is a fantastic opportunity to bring your vision and dreams to create your own ideal retreat from scratch. Building restrictions are limited to Peninsula Township regulations; Phelps road is extremely private, and this section is publicly maintained by Grand Traverse County - there are no private road agreements, and maintenance is guaranteed. Please note that waterfront cannot be split, but additional acreage across the road easement may be eligible for a split/resale in the future.
Click "virtual tour" for video of this exceptional parcel! OLD MISSION PENINSULA parcel with over 560' of private waterfront! One of the best ""if not THE best"" water view parcel on the entire Peninsula. Situated on a knoll with HUGE WATER VIEWS of its massive private shoreline and FOREVER views. Four spits available. Metes & bounds parcel no association, approx 5 acre parcel located mid-Peninsula among the orchards, vineyards and wineries of Old Mission Peninsula "" close to all the local dining and service amenities, and just 13 miles to downtown Traverse City. A parcel like no other. All information is accurate but not guaranteed, buyer to verify all.
Click "virtual tour" for video of this exceptional parcel! OLD MISSION PENINSULA parcel with over 560' of private waterfront! One of the best if not THE best water view parcel on the entire Peninsula. Situated on a knoll with HUGE WATER VIEWS of its massive private shoreline and FOREVER views. Four spits available. Metes & bounds parcel no association, approx 5 acre parcel located mid-Peninsula among the orchards, vineyards and wineries of Old Mission Peninsula close to all the local dining and service amenities, and just 13 miles to downtown Traverse City. A parcel like no other. All information is accurate but not guaranteed, buyer to verify all.
Perched majestically on the captivating terrain of Old Mission Peninsula, this sprawling 54.29-acre estate is a testament to the artistry of viticulture. A substantial 21 acres are dedicated to meticulously maintained vineyards, showcasing a remarkable array of 11 grape varieties. Whether your vision is to craft award-winning wines, tantalizing ciders, or to expand into orchards, this property offers boundless opportunities. Positioned along the prestigious OMP Wine Trail, boasting 975 feet of frontage on Center Road, this estate commands attention within Northern Michigan's esteemed wine region. The gently undulating landscape, characterized by slopes ranging from 6 to 12%, provides the perfect canvas for vine cultivation, ensuring optimal sun exposure and drainage. The soil, a harmonious blend of Emmet sandy loam and Kalkaska sandy loam, enriches the terroir, promising grapes of unparalleled quality. Beyond its viticultural prowess, this estate offers versatility. An additional 14.5 acres on the west side beckon with unrestricted potential, featuring two designated home sites awaiting your vision. Whether you aspire to create a signature winery with a Chateau Designation, a charming cider house, or simply to expand the vineyards, this property invites you to embark on a journey of innovation and excellence. Embrace the essence of Northern Michigan's wine country and unlock the full potential of this extraordinary vineyard estate, where every acre is infused with the promise of possibility and the spirit of adventure.
Perched majestically on the captivating terrain of Old Mission Peninsula, this sprawling 54.29-acre estate is a testament to the artistry of viticulture. A substantial 21 acres are dedicated to meticulously maintained vineyards, showcasing a remarkable array of 11 grape varieties. Whether your vision is to craft award-winning wines, tantalizing ciders, or to expand into orchards, this property offers boundless opportunities. Positioned along the prestigious OMP Wine Trail, boasting 975 feet of frontage on Center Road, this estate commands attention within Northern Michigan's esteemed wine region. The gently undulating landscape, characterized by slopes ranging from 6 to 12%, provides the perfect canvas for vine cultivation, ensuring optimal sun exposure and drainage. The soil, a harmonious blend of Emmet sandy loam and Kalkaska sandy loam, enriches the terroir, promising grapes of unparalleled quality. Beyond its viticultural prowess, this estate offers versatility. An additional 14.5 acres on the west side beckon with unrestricted potential, featuring two designated home sites awaiting your vision. Whether you aspire to create a signature winery with a Chateau Designation, a charming cider house, or simply to expand the vineyards, this property invites you to embark on a journey of innovation and excellence. Embrace the essence of Northern Michigan's wine country and unlock the full potential of this extraordinary vineyard estate, where every acre is infused with the promise of possibility and the spirit of adventure.
Escape to the serene beauty of Traverse City, Michigan with this once-in-a-lifetime opportunity to own a fully working farm on the prestigious Old Mission Peninsula. Nestled on over 126 acres of picturesque land, this property offers an idyllic lifestyle surrounded by natural beauty and endless possibilities. Comprised of six parcels, this remarkable farm boasts 300 feet of private sandy water frontage on West Grand Traverse Bay. At the heart of this property is a meticulously crafted equestrian barn, built in 2016. Boasting 9 spacious stalls, it provides a comfortable and luxurious home for your beloved horses. The barn also features convenient garage doors for work vehicles, a saddle room, employee break room with laundry facilities, and well-appointed grooming areas. Step inside the barn and be greeted by an expansive 60x100 heated dirt arena, perfect for training and exercising your equine companions. Ascend the stairs to discover a sprawling office space adorned with picture windows that offer views of the stalls & arena below. In addition to the equestrian facilities, this farm features multiple outbuildings and a collection of purebred Great Pyrenees guard dogs, ensuring the safety and security of your property. The land itself is a treasure trove of possibilities, with over 2000 Christmas trees, 300 lavender Vera plants, and 15 acres already dedicated to rotational crops. Immerse yourself in the joys of sustainable farming or explore new agricultural ventures. Don't miss your chance to own this extraordinary property on the Old Mission Peninsula.
Escape to the serene beauty of Traverse City, Michigan with this once-in-a-lifetime opportunity to own a fully working farm on the prestigious Old Mission Peninsula. Nestled on over 126 acres of picturesque land, this property offers an idyllic lifestyle surrounded by natural beauty and endless possibilities. Comprised of six parcels, this remarkable farm boasts 300 feet of private sandy water frontage on West Grand Traverse Bay. At the heart of this property is a meticulously crafted equestrian barn, built in 2016. Boasting 9 spacious stalls, it provides a comfortable and luxurious home for your beloved horses. The barn also features convenient garage doors for work vehicles, a saddle room, employee break room with laundry facilities, and well-appointed grooming areas. Step inside the barn and be greeted by an expansive 60x100 heated dirt arena, perfect for training and exercising your equine companions. Ascend the stairs to discover a sprawling office space adorned with picture windows that offer views of the stalls & arena below. In addition to the equestrian facilities, this farm features multiple outbuildings and a collection of purebred Great Pyrenees guard dogs, ensuring the safety and security of your property. The land itself is a treasure trove of possibilities, with over 2000 Christmas trees, 300 lavender Vera plants, and 15 acres already dedicated to rotational crops. Immerse yourself in the joys of sustainable farming or explore new agricultural ventures. Don't miss your chance to own this extraordinary property on the Old Mission Peninsula.
Prime commercial vacant land near the vibrant 8th Street NoBo District! This exceptional development property awaits you with 3 spacious lots and C-2 commercial zoning. From upscale residences, apartments or contemporary condominiums to a unique blend of retail shops and charming residences above, don't miss out on this opportunity. Close to Boardman Lake, breweries, restaurants, and great walking and biking trails.
Prime commercial vacant land near the vibrant 8th Street NoBo District! This exceptional development property awaits you with 3 spacious lots and C-2 commercial zoning. From upscale residences, apartments or contemporary condominiums to a unique blend of retail shops and charming residences above, don't miss out on this opportunity. Close to Boardman Lake, breweries, restaurants, and great walking and biking trails.
Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.
Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.
This vacant parcel in the highly sought-after Eastside neighborhood of Holiday Woods is a dreamy spot to build your dream home! This .61-acre parcel is cleared and build-ready with underground electric, municipal water and sewer, and natural gas already in place. The property is nestled at the end of a peaceful and paved cul-de-sac, and framed with lovely mature trees for added privacy and natural beauty. Conveniently located just a mile from Mt. Holiday Ski Resort, less than 10-minutes from the newly redesigned Bayside Park public beach, and just 15-minutes from downtown TC's premier dining, shopping and entertainment!
"" ATTENTION BUILDERS! 7 FULLY IMPROVED LOTS ARE READY FOR YOUR SPEC HOUSE OR CUSTOMER""S HOME" . Embrace the beauty of nature and develop a sanctuary of condo living in Terrace Estates, a quiet 58 site condo development. These 7 vacant lots are nestled just two miles away from local schools and picturesque Boardman Lake, Terrace Estates offers an ideal location to explore the beauty of Traverse City along the scenic 2 mile Boardman Lake Trails, connecting you to the city's vibrant amenities like the public library, Medalie and Hull Parks, and charming neighborhoods. Mature neighborhoods with these 7 remaining lots with walkout opportunities high on a bluff. Fully improved with city water, sewer, and all utilities in the paved road adjoining the lots. Located conveniently close to shopping, Costco dining and airport. Seller is a Licensed Real Estate Broker in the State of Michigan. Building plans available that are approved by HOA.
ATTENTION BUILDERS! 7 FULLY IMPROVED LOTS ARE READY FOR YOUR SPEC HOUSE OR CUSTOMERS HOME. Embrace the beauty of nature and develop a sanctuary of condo living in Terrace Estates, a quiet 58 site condo development. These 7 vacant lots are nestled just two miles away from local schools and picturesque Boardman Lake, Terrace Estates offers an ideal location to explore the beauty of Traverse City along the scenic 2 mile Boardman Lake Trails, connecting you to the city's vibrant amenities like the public library, Medalie and Hull Parks, and charming neighborhoods. Mature neighborhoods with these 7 remaining lots with walkout opportunities high on a bluff. Fully improved with city water, sewer, and all utilities in the paved road adjoining the lots. Located conveniently close to shopping, Costco dining and airport. Seller is a Licensed Real Estate Broker in the State of Michigan. Building plans available that are approved by HOA.
Old Mission Peninsula build lot. Parcel is located in the heart of OMP, perfect for year round living or a permanent vacation spot to share with family & friends. Spacious 1 acre lot on a quiet stretch of Peninsula Drive with The Bill Carls Nature Preserve across the street guaranteeing no future development. Stroll to Bower's Harbor Loop Trail & Park which is just minutes down the road or over to the public beach & boat launch. Many nearby attractions include: Brinkman Bog Nature Preserve, Old Mission Distilling, Old Mission Point Park, Old Mission General Store, Peninsula Market, The Boathouse, Jolly Pumpkin & Mission Table restaurants, as well as numerous vineyards and farm markets. Outstanding area to live in and only 8 miles from downtown Traverse City!
Old Mission Peninsula build lot. Parcel is located in the heart of OMP, perfect for year round living or a permanent vacation spot to share with family & friends. Spacious 1 acre lot on a quiet stretch of Peninsula Drive with The Bill Carls Nature Preserve across the street guaranteeing no future development. Stroll to Bower's Harbor Loop Trail & Park which is just minutes down the road or over to the public beach & boat launch. Many nearby attractions include: Brinkman Bog Nature Preserve, Old Mission Distilling, Old Mission Point Park, Old Mission General Store, Peninsula Market, The Boathouse, Jolly Pumpkin & Mission Table restaurants, as well as numerous vineyards and farm markets. Outstanding area to live in and only 8 miles from downtown Traverse City!
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