1942 Hoosier Valley Road
Traverse City, MI, 49685 $ 899,000
Bedrooms5 Baths3.0 Sq 2,438 Monthly Estimate*
$ 5,535
for $899,000 with 5 bedrooms and 3 full baths. This 2,438 square foot home was built in 2023 on a lot size of 5.19.
Set along a quieter stretch of Hoosier Valley Road, this property currently operates as a professionally managed short-term rental, but it functions differently than most Traverse City listings. About 10 minutes outside downtown Traverse City. Close enough for restaurants, events, and waterfront access, but far enough from traffic, density, or neighboring rentals stacked on top of each other. The Kingsley Club, stretches of the Boardman River, and trailheads like Lone Pine, Oleson Bridge, and Keystone Rapids offer up north recreational opportunities just minutes away. Built in 2023 on just over five wooded acres, the layout of this home is built for family, friends, and guests to gather. Five to six bedrooms, multiple gathering areas, and outdoor space that actually gets used. From the road, the house is visible. Once youââ¬â¢re on the property, the living areas face into the woods, and thatââ¬â¢s where the experience shifts. The STR structure is already established. Fully permitted, professionally managed, and consistently booked. This isnââ¬â¢t ââ¬Åinvestment potential.ââ¬Â Itââ¬â¢s already performing, with a track record that supports it. One detail that matters more out here than most buyers expect is internet reliability. Starlink is installed and performs well, which removes a common issue for properties in this type of setting. In this part of the market, newer construction on acreage tends to draw a different buyer. Someone who wants a property thatââ¬â¢s already set up for group use without inheriting the maintenance curve of an older home. Thatââ¬â¢s a different profile than in-town rentals, where turnover is higher and management tends to be more hands-on. Historical performance and current booking trends are available for review. Under current management, the property has generated approximately $65,000 in annual gross revenue, with projections for the current year tracking higher. Future performance will vary based on management, owner use, and market conditions.
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FeaturesInteriorInterior Amenities Walk-In Closet Window Treatment(s) Skylights
Basement Block
Bedroom 3 Level Main
Bedroom 1 Level Main
Bedroom 2 Level Main
Beds 5
Fireplace? No
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GeneralHeating Forced Air
Kitchen Level Main
Cooling Central A/C
Possession At Close
Water Private Well
Appliances Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 2023
Subdivision None MI
Water Heater Propane Hot Water
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Blair Twp
Section 9
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Blair Twp (28002)
Primary City Traverse City
Directions from Traverse City: Take Cass St and N Keystone Rd to Hoosier Valley Rd in Blair Township (7.1 mi) Drive to Hoosier Valley Rd
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional
Legal Description Parcel C. Part of SE 1/4 Sec 9 T26N R11W Blair Twp
DOM 3
Postal Code 49685
Price Per Sq Ft Total AG 368.74
Public Remarks Set along a quieter stretch of Hoosier Valley Road this property currently operates as a professionally managed short-term rental
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ExteriorExterior Vinyl Siding
Exterior Amenities Deck Porch
Lot Size Area 5.19
Lot Dimensions See survey.
Water Features None
Waterfront Y/N No
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* Excluded FeaturesList BySander ScottListing Agent
sander@sanderscott.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,535
- Monthly Property Taxes
- $558
- 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.
Learn more about how to save NearbySingle family listings in Traverse City, MI
Average List Price $646,424
Percent of Sale Price 28%
About Traverse City, MI 15,817 Population
7% Since 2002
$ 49,237 Median Income
41.86 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
3769590 Elementary School
3769595 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/31/2026 | $899,000 | | Listed Price |