Expired
669 Madeira Drive, Traverse City, MI 49696
$75,000
MLS # 26010104 (Michigan Regional Information Center (MichRIC))
0.4 acres
1 / 19
Listing Description
Build your new home at 669 Madera in Traverse City with Target Builders. This vacant homesite is one of 7 available lots offered by the builder, with finished homes typically in the $700Ks-$800Ks depending on plan and selections. The location puts you close to everyday conveniences, recreation, and the best of Northern Michigan living. Seller affiliated with licensed broker. See HOA documents for building restrictions.
Source: SparkMLS
About this home
Asking $75,000.
Property tax estimate: $300 per year ($25/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Property SubtypeAcreage
Bathrooms0
Lot Size0.4 acres
Location
CityTraverse City
MunicipalityEast Bay Twp
Zip Code49696
CountyGrand Traverse County
School DistrictTraverse City
Construction & Systems
WaterPublic
SewerPublic Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Phone Available, None
Sale & Financing
Listed3/16/2026
Terms AcceptedCash, FHA, MSHDA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$300
Tax Year2025
Assessed Value$17,196
Parcel #03-761-057-00
Source: SparkMLS
Legal Description
UNIT 57 VERNDALE AT EAST BAY CONDOMINIUM SEC 30 T27N R10W MASTER DEED 2005C-00046 1ST AMEND 2006C-00020
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Breanna May
Great Lake Realty Company LLC
Frequently Asked Questions about 669 Madeira Drive, Traverse City, MI 49696
Which school district serves 669 Madeira Drive, Traverse City, MI 49696?
Per MLS# 26010104, 669 Madeira Drive, Traverse City, MI 49696 is in the Traverse City boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Traverse City directly to confirm enrollment eligibility.
What financing options are available for 669 Madeira Drive, Traverse City, MI 49696?
Per MLS# 26010104, this listing accepts Cash, FHA, MSHDA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 669 Madeira Drive, Traverse City, MI 49696?
Per public tax records, annual property taxes for this property are $300 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 669 Madeira Drive, Traverse City, MI 49696 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 669 Madeira Drive, Traverse City, MI 49696 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 669 Madeira Drive, Traverse City, MI 49696?
Per Michigan Public Service Commission service territory data: Electric: Cherryland Electric Cooperative. Gas: DTE Gas Company. Sewer: Public Sewer. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the East Bay Twp police department or the Grand Traverse County County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$486
Principal & interest$486
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Cherryland Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
669 Madeira Drive, Traverse City, MI 49696
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