E Carter Road Traverse City, MI $ 2,500,000
E Carter Road
$ 2,500,000
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E Carter Road

Traverse City, MI, 49684
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 16,616

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Studio Lots and Land for sale in Traverse City, MI for $2,500,000. The lot size is 42.

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.

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Lots and Land Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Vacant Land

Lot Size

42

Town/City

Traverse City

County/Region

LEELANAU

MLS | Web ID

80013686

Features
General
Possession At Close
Water None
Status Active Active
Subdivision Morgan Farms Phase II
County Leelanau
Class VACANT LAND
Type Vacant Land
Percent Ownership Private
Municipality Traverse City
Section 32
Zoning Site Condominium
Utilities Electricity Available Sewer Available Water Available
Area Traverse City (28021)
Directions From M-22/M-72 junction (Tom's Market West Bay) follow M-22 north to left on E Carter Rd to Morgan Farms on left or follow M-72 west to Morgan Farms entrance on right
City Traverse City
School District Traverse City Area Public School
Street Name Carter
Financial Terms Cash Conventional
Legal Description see assoc docs
DOM 152
Price Per Sq Ft Total 59523.81
Coming Soon
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Exterior
Lot Size Area 42
Lot Dimensions see survey
Lot Description Sloping Treed Wooded
Water Features Water View
Waterfront Y/N No
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* Excluded Features
List By
Mark Hagan

Listing Agent

Coldwell Banker Schmidt-402

Broker

info@markhagan.com

Email

Affordability Calculator

$16,616
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3769590 Elementary School
3769595 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/22/2023$2,500,000 Listed Price

Map


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E Carter Road, Traverse City, MI, 49684 is a Lots and Land for sale at $2,500,000 with a lot size of 42. E Carter Road is a studio with 0.0 baths. The property's zip code is 49684 which is in Traverse City, MI