For Sale
E Traverse Highway, Traverse City, MI 49684
$475,000
MLS # 1940504 (Northern Great Lakes REALTORS® MLS)
13.3 acres
1 / 23
Listing Description
Discover an exceptional 13.3-acre parcel offering prime frontage along M-72 West, perfectly positioned for your vision to become reality. This versatile property sits on E Traverse Highway (M-72), a mere 3 miles from the heart of downtown Traverse City, combining convenience with opportunity. The level terrain features well-drained, elevated land, making it ideal for various development possibilities. What makes this property even more attractive is its unique advantage of having a Traverse City address while benefiting from Leelanau County's lower tax rates. Property is zoned agricultural (rural). 13.28 acres (gross), with an existing easement, giving you 9.84 acres(net). This strategic location demands attention. Don't miss this opportunity - bring your builder to explore the potential of this prime real estate.
Source: SparkMLS
About this home
Currently offered at $475,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size13.3 acres
Location
CityTraverse City
Zip Code49684
CountyLeelanau
Sale & Financing
Listed11/12/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
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 Mark D Hagan
Coldwell Banker Schmidt Traverse City
Frequently Asked Questions about E Traverse Highway, Traverse City, MI 49684
Can I use FHA or VA financing for this property?
Per MLS# 1940504, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, E Traverse Highway, Traverse City, MI 49684 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 E Traverse Highway, Traverse City, MI 49684 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 E Traverse Highway, Traverse City, MI 49684?
Per Michigan Public Service Commission service territory data: Electric: Cherryland Electric Cooperative. Gas: DTE Gas Company. 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 local police department or county sheriff's office.
Map
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Monthly payment$3,081
Principal & interest$3,081
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
E Traverse Highway, Traverse City, MI 49684
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