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$2,500,000
Est. payment /mo
42 Acres Lot
UPDATED:
11/18/2024 09:05 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Morgan Farms Phase Ii
MLS Listing ID 78080013686
Originating Board Aspire North REALTORS®
Lot Size 42.000 Acres
Acres 42.0
Lot Dimensions see survey
Property Description
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.
Location
State MI
County Leelanau
Area Traverse City
Zoning Site Plan Condo
Exterior
Waterfront no
Building
Lot Description Water View, Wooded, Hilly-Ravine
Sewer Other/None
Water None
Schools
School District Traverse City
Others
Tax ID 455135000102
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Listed by Mark D Hagan of Coldwell Banker Schmidt Traverse City