12586 Center Drive Traverse City, MI ^$ 3,999,000

12586 Center Drive

^$ 3,999,000

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Recently Listed

12586 Center Drive

Traverse City, MI, 49686

^$ 3,999,000

Studio Baths0.0

Monthly Estimate*

^$ 24,623

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12586 Center Drive, Traverse City, MI 49686 - Image 10

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Studio

Lots and Land for sale in Traverse City, MI

for $3,999,000. The lot size is 56.3.

This 56.3 Acre Cherry Farm offers Spectacular Views of both Bays.The Peak of the Ridge is one of the highest elevations on the Peninsula. It gently slopes to the West and East. No Development Rights or Governmental Easements have been sold/granted. Thus, You can choose how you would like to use this unique property. The existing home does not appear to add any value to the property. There is appox. 18 acres vacant. It is located approximately 8 miles from Traverse City. Enjoy the SUN RISES and the SUNSETS. You can view the property on the Virtual Tour via clicking on the "Branded Virtual Tour " above

Lots and Land Active

Price

^$ 3,999,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Land

Lot Size

56.3

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80069517

Features

General

Possession Negotiable (Possession)

Water None

Status Active Active

Subdivision none MI

County Grand Traverse

Class VACANT LAND

Type Vacant Land

Ownership Private

Municipality Peninsula Twp

Section 34

Zoning Agricultural Residential

Sale/Rent For Sale

Status Detail 0

Utilities Electricity Available Phone Available Water Available

Area Peninsula Twp (28011)

Primary City Traverse City

Directions Take M-37/ Center Rd from Traverse City onto the Peninsula appox 7.5 miles the Property is on the Right directedly across from St Joseph Church.

City Traverse City

School District Traverse City Area Public School

Financial Terms Cash

Legal Description Part of the NW 1/4 of Sec 34 T29 R11 W. Ref to survey attached 56.3 acres subject to Road Rt of Way

DOM 1

Postal Code 49686

Price Per Sq Ft Total AG 71030.2

Public Remarks

Exterior

Lot Size Area 56.3

Lot Dimensions iregular

Lot Description Sloping Bluff

Water Features Water View

Waterfront Y/N No

* Excluded Features

List By

James Schmuckal

Listing Agent

James A Schmuckal, Realtor

Broker

jim@schmuckalrealtor.com

Affordability Calculator

$24,623

Per Month

Monthly Principal & Interest: $24,623
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Lots and land listings in Traverse City, MI

Average List Price ^$359,233

Percent of Sale Price 91%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3769590 Elementary School

3769595 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/11/2026	$3,999,000		Listed Price

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12586 Center Drive, Traverse City, MI, 49686 is a Lots and Land for sale at $3,999,000 with a lot size of 56.3. 12586 Center Drive is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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12586 Center Drive

Lots and Land for sale in Traverse City, MI

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