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.
Lot/land
$475,000
E Traverse Hwy, Traverse City, MI 49684
--beds
--baths
13.3Acres
Unimproved Land
Built in ----
13.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Level terrainWell-drained elevated land
- 285 days |
- 87 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Mark Hagan Cell:231-929-7985,
Coldwell Banker Schmidt Traverse City 231-922-2350
Source: NGLRMLS,MLS#: 1940504
Facts & features
Property
Features
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 13.3 Acres
- Dimensions: 1157 x 500
- Features: Level, Wooded, Subject to Easements
Details
- Parcel number: 00403102910
- Zoning description: Agricultural,Bldg & Use Restrictions,Rural,Outbuildings Allowed
- Other equipment: Satellite Dish, TV Antenna
Utilities & green energy
- Electric: Underground
- Sewer: Private Sewer, None
- Water: Private, None
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Cable Available, Cable Internet, DSL, WiFi
Community & HOA
Community
- Features: None
- Subdivision: metes & bounds
Location
- Region: Traverse City
Financial & listing details
- Tax assessed value: $143,200
- Annual tax amount: $1,257
- Price range: $475K - $475K
- Date on market: 11/13/2025
- Cumulative days on market: 286 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Listed for sale | $475,000+165.4% |
Source:  NGLRMLS #1940504 Report a problem | ||
| 10/8/2021 | Listing removed | $179,000 |
Source: NGLRMLS #1880311 Report a problem | ||
| 9/28/2020 | Listed for sale | $179,000 |
Source: NGLRMLS #1880311 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,257 +4.8% | $71,600 +22.8% |
| 2024 | $1,200 +4.9% | $58,300 +6% |
| 2023 | $1,144 +4.2% | $55,000 +27.6% |
| 2022 | $1,097 +1% | $43,100 |
| 2021 | $1,086 +16.4% | $43,100 +0.2% |
| 2020 | $933 | $43,000 |
| 2019 | -- | $43,000 |
| 2018 | -- | $43,000 |
| 2017 | -- | $43,000 |
| 2016 | -- | $43,000 |
| 2015 | -- | $43,000 |
| 2014 | -- | $43,000 +1.9% |
| 2013 | -- | $42,200 -6% |
| 2012 | -- | $44,900 -9.8% |
| 2011 | -- | $49,800 -8.1% |
| 2010 | -- | $54,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 49684
Nearby schools
GreatSchools rating
- 7/10Willow Hill Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 2.9 mi
- 8/10West Senior HighGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Willow Hill Elementary School
- Middle: Traverse City West Middle School
- High: Traverse City West Senior High School
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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