Lot/land

Price cut: $4.9K (7/31)

$45,000

23 Cinnamon Ln, Traverse City, MI 49696

--beds

--baths

0.88Acres

Unimproved Land

Built in ----

0.88 Acres Lot

$72,700 Zestimate^®

$--/sqft

$-- HOA

What's special

Spacious parcelQuiet countryside ambience

Enjoy the perfect canvas for your new home in the highly desirable Cinnamon Ridge subdivision! This spacious parcel offers a rare blend of countryside serenity and urban convenience and is adjacent to the subdivision common area, so no new houses can be built behind the parcel or to the east of the parcel. Nestled in a quiet, established neighborhood of high-end homes, you’ll enjoy the quiet countryside ambience while staying just 15 minutes from the amenities of downtown Traverse City. Recreation is at your doorstep; you are less than 5 minutes from multiple inland lakes for fishing, boating and paddling, and only 5 miles from the stunning East Bay shoreline and Grace McDonald Park.

173 days
112
6

Facts & features

Property

Features

Has view: Yes
View description: Countryside View
Waterfront features: None

Lot

Size: 0.88 Acres
Dimensions: 166 x 247 x 204 x 176
Features: Rolling Slope

Details

Parcel number: 280338700600
Zoning description: None

Utilities & green energy

Electric: Underground
Sewer: Private Sewer, None
Water: Private, None
Utilities for property: Natural Gas Available, Cable Available, Cable Internet, WiFi

Community & HOA

Community

Features: Common Area
Subdivision: Cinnamon Ridge

Location

Region: Traverse City

Financial & listing details

Tax assessed value: $18,558
Annual tax amount: $809
Price range: $45K - $45K
Date on market: 3/9/2026
Cumulative days on market: 174 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

$72,700

$56,000 - $97,000

$2,327/mo

Price history

Date	Event	Price
7/31/2026	Price change	$45,000-9.8%
Source: NGLRMLS #1942825 Report a problem
5/28/2026	Price change	$49,900-5%
Source: NGLRMLS #1942825 Report a problem
5/11/2026	Price change	$52,500-4.4%
Source: NGLRMLS #1942825 Report a problem
3/9/2026	Listed for sale	$54,900-0.2%
Source: NGLRMLS #1942825 Report a problem
2/1/2026	Listing removed	$55,000
Source: NGLRMLS #1929821 Report a problem
12/31/2024	Listed for sale	$55,000
Source: NGLRMLS #1929821 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$809 +0.7%	$27,500 +52.8%
2024	$803 +77.2%	$18,000
2023	$454 +3.5%	$18,000 +20%
2022	$438 +1.6%	$15,000 +7.1%
2021	$431 +0.5%	$14,000
2020	$429	$14,000 -3.4%
2019	$429 +2.4%	$14,500 +31.8%
2018	$419	$11,000
2017	--	$11,000
2016	--	$11,000 +22.2%
2014	--	$9,000 -40%
2010	--	$15,000 -25.6%
2009	--	$20,150
2008	--	$20,150 -37.6%
2007	--	$32,300 +48.2%
2005	--	$21,800