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2960 Arbutus Hill Road Traverse City, MI $ 3,800,000
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2960 Arbutus Hill Road
$ 3,800,000
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2960 Arbutus Hill Road

Traverse City, MI, 49696
$ 3,800,000
Bedrooms-- Baths22.0

Monthly Estimate*

$ 23,397

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Commercial Property for sale in Traverse City, MI

for $3,800,000 with 22 full baths. This building was built in 1955 on a lot size of 36.5.

Location! Location! Location! Thrive in nature where nature still thrives! This is your opportunity to own a slice of heaven right here on earth in beautiful Northern Michigan where the deer, and bunnies, and the occasional black bear still feel free to roam - and where we're told the water is still pure and the air is still clean. Enjoy all of the amenities of the trendy tourist town - Traverse City, Michigan - then escape to just eight miles south of the Cherry Capital Airport to your own nature preserve on over thirty-six acres which includes NINETEEN tastefully decorated, very well maintained, and fully furnished individual 1 - 2 - 3 bedroom rental units in addition to the beautiful four-bedroom main residence. Near the Brown Bridge Trailhead and the Arbutus chain of lakes as well as area parks and recreational opportunities. Hiking? Canoeing? Tennis? Fishing? Snowmobiling? Birdwatching? You name it! Welcome back to nature with this great opportunity to own your own resort!

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Commercial Active

Price

$ 3,800,000

Full Bath

22

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

36.5

Year Built

1955

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

26017794
Features
Interior
Interior Amenities Broadband
Total Stories 0
Basement (Y/N) N
Heating Y/N Y
Total Baths 22
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General
Sewer Septic Tank
Heating Forced Air
Utilities Electricity Available Phone Connected Electricity Connected Propane
Possession Close Plus 30 Days Subject To Tenant Rights
Exclusions Dining room chandelier in the main residence.
Year Built 1955
Township East Bay Twp
Property Subtype Business
Tax Year 2025
Ownership Private Owned
Business Type Other Recreation
County Grand Traverse County
New Construction N
Property Type Commercial Sale
Full Baths 22
Status Active
Directions From the Cherry Capital Airport in Traverse City Michigan - head west on South Airport Road to Garfield Road then head south on Garfield to property at the corner of Garfield Road and Arbutus Hill Ro
City Traverse City
High School District Traverse City
Zoning Description COMM - RES
Number Of Units Total 20
Lot Size Units Acres
Lot Size Square Feet 1589940.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 110884
Legal Description Lengthy legal descriptions available by request. Be aware there are six parcels with six lengthy legal descriptions.
Senior Community None
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Exterior
Water Source Private Water Well
Inclusions Real Estate Furniture
Lot Size Area 36.5
Number of Buildings 30
Spa N
Building Area Total 0.0
Lot Dimensions 370 x 162 x 160 x 454 x 1070 x 1800
Lot Size Acres 36.5
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2960
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* Excluded Features
List By
Traverse City Realty

Broker

irishheintzelman@gmail.com

Email

Affordability Calculator

$23,397
Per Month
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Monthly Principal & Interest
$23,397
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4593364 Elementary School
4593362 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/24/2026$3,800,000 Listed Price

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2960 Arbutus Hill Road, Traverse City, MI, 49696 is a Commercial Property for sale at $3,800,000 with a lot size of 36.5. 2960 Arbutus Hill Road has 22.0 baths and was built in 1955. The property's zip code is 49696 which is in Traverse City, MI

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