3024 East Traverse Highway
Traverse City, MI, 49684 $ 1,179,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 8,143
Lots and Land for sale in Traverse City, MI
for $1,179,000. The lot size is 75.51.
75.51 contiguous acres along M-72 west of Traverse City, offering two ownership paths: a private forested estate with established recreation and a prepared homesite, or future residential development. The property lies just east of Cedar Valley Ridge. The two parcels span Solon Township, Leelanau County (7.18 acres), and Long Lake Township, Grand Traverse County (68.33 acres), and are sold together. The elevated, pine-surrounded homesite has been excavated, graded, filled, and compacted for construction. There is an active building permit for a 3,328-sq-ft barndominium. Improvements include a private well, underground electric, a new septic system permitted for a 3-bedroom home, and a crushed-concrete driveway. An RV pad has dedicated electric and a sewer hookup connected to the septic system. Rolling hardwood and pine forest, valleys, ridgelines, and established trails support ATV riding, hiking, hunting, skiing, and snowshoeing. Deer and wild turkeys have been observed. Selective logging in 2024 was intended to encourage forest growth, improve habitat, and support recreation. For development, there are 13 available splits confirmed on the Long Lake Township acreage, with a 5-acre minimum; the Solon Township portion may be divisible into two parcels. No individual lots are approved or developed. Buyers should verify division rights, surveys, access and road design, infrastructure costs, and township approvals. Access to the southern acreage runs through the northern parcel off M-72. Convenient to Traverse City services and recreation, as well as the shores of Lake Michigan. Mineral rights convey. There is an assumable GreenStone loan with approximately $425,000 remaining at 3.5%. When scheduling a showing, plan to hike and explore the extensive acreage. Wear appropriate footwear and use a GPS mapping tool such as OnX to help navigate the trails and understand property boundaries. Property is owned by a licensed realtor in the State of Michigan.
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FeaturesGeneralSewer Private Sewer Private Septic
Possession Close Of Escrow
Electric Underground
Township Solon
Tax Year 2026
Waterfront Features None
Community Features Trails
Assoc Fee Paid Per Annually
County Leelanau
New Construction N
Property Type Land
Attached Garage N
Subdivision Name None
Possible Use Development
Garage Y/N N
Status Active
Directions The driveway is on M-72 just east of S. Cedar Valley Road. Coming from Traverse City it is 2.2 miles west of The Hayloft on the left/south side of M-72.
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Splits Available
Lot Size Units Acres
Lot Size Square Feet 3289215.6
Carport Y/N N
Tax Annual Amount 4472.04
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 182402
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description W 300 FT OF W 1/2 OF SW 1/4 LYING S OF TRAVERSE HWY (A/K/A HWY M-72) SEC 32 T28N R12W 7.18 A M/L W 1/2 OF NW FRL 1/4 SEC 5 T27N R12W. 68.33 A.
Freehold VOW BBO IDX
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ExteriorParking Features RV Access/Parking
Lot Features Rolling Slope Sloped Hardwoods Wooded
Water Source Private Private Well
Lot Size Area 75.51
Spa N
Lot Dimensions 1310x2 205&1 033x301
Lot Size Acres 75.51
Wooded Area 90
Road Surface Type Asphalt
Other Parking RV Parking
Waterfront Y/N N
Horse Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,143
- Monthly Property Taxes
- $373
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/17/2026 | $1,179,000 | | Listed Price |