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For sale
    • Price cut: $90K (7/8)
    $809,000

    1942 Hoosier Valley Rd, Traverse City, MI 49685

    5beds
    2,438sqft
    : 
    $5,226/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    5.19 Acres Lot
    $771,500 Zestimate®
    $332/sqft
    $-- HOA

    What's special

    Five to six bedroomsMultiple gathering areas
    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 you’re on the property, the living areas face into the woods, and that’s where the experience shifts. The STR structure is already established. Fully permitted, professionally managed, and consistently booked. This isn’t “investment potential.” It’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 that’s already set up for group use without inheriting the maintenance curve of an older home. That’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 will generate nearly $100K in annual gross revenue. Future performance will vary based on management, owner use, and market conditions.
    125 days
    |
    605
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sander Scott 231-386-0962,

    Net Real Estate 231-499-0165

    Source: NGLRMLS,MLS#: 1943339MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Game Room
      Primary bedroom
      • Level: Main
      • Area: 143
      • Dimensions: 11 x 13
      Bedroom 2
      • Level: Main
      • Area: 110
      • Dimensions: 10 x 11
      Bedroom 3
      • Level: Main
      • Area: 76.5
      • Dimensions: 8.5 x 9
      Bedroom 4
      • Level: Upper
      • Area: 210
      • Dimensions: 12 x 17.5
      Primary bathroom
      • Features: Private
      Kitchen
      • Level: Main
      • Area: 294
      • Dimensions: 21 x 14
      Living room
      • Level: Main
      • Area: 294
      • Dimensions: 21 x 14
      Heating
      • Forced Air, Propane
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Propane Water Heater, Instant Hot Water
      • Laundry: Main Level
      Features
      • Walk-In Closet(s), Pantry, Kitchen Island, Den/Study, Drywall, WiFi
      • Flooring: Carpet, Vinyl
      • Windows: Skylight(s), Blinds
      • Basement: Crawl Space
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,438
      • Total interior livable area: 2,438 sqft
      • Finished area above ground: 2,438
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: None, Asphalt
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Covered, Porch
      • Waterfront features: None
      Lot
      • Size: 5.19 Acres
      • Features: Wooded-Hardwoods, Wooded, Evergreens, Level, Landscaped, Metes and Bounds
      Details
      • Additional structures: None
      • Parcel number: 0200903520
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: None
      HOA
      • Services included: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $332/sqft
      • Tax assessed value: $142,800
      • Annual tax amount: $6,694
      • Price range: $809K - $809K
      • Date on market: 3/31/2026
      • Cumulative days on market: 126 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Dirt

        Estimated market value

        $771,500

        $733,000 - $810,000

        $3,520/mo

        Price history

        DateEventPrice
        7/8/2026Price change$809,000-10%$332/sqft
        Source: NGLRMLS #1943339 Report a problem
        3/31/2026Listed for sale$899,000$369/sqft
        Source: NGLRMLS #1943339 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,694 $142,800 -2.3%
        2024-- $146,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49685

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Traverse City Area Public Schools

        Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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