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Lot/land
  • $2,500,000

    E Carter Rd, Traverse City, MI 49684

    --beds
    --baths
    42Acres
    Unimproved Land
    Built in ----
    42 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime development opportunity awaits on the gentle slopes of Morgan Farms! 42 acres for sale with dual access points from M-72 and E Carter Rd. Phase II Hilltop residential development features 66 pre-approved lots for single family homes. This exceptional property offers stunning vistas of both the downtown skyline and West Grand Traverse Bay, representing one of the area's final large-scale land parcels available. The site consists primarily of elevated, well-drained terrain covered with established maples and red pines. Road construction and clearing are in progress, engineering work is finished, and remaining permit applications submitted. Experience countryside living while remaining within walking/biking distance or brief 5-minute drive to downtown Traverse City's excellent retail/dining/entertainment options, schools, medical facilities, and seasonal events. Complete infrastructure includes city water/sewer, electricity, natural gas, and cable services.
    377 days
    |
    151
    |
    3
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 30, 2025 at 03:21pm

    Listed by:

    Mark Hagan 231-929-7985,

    Coldwell Banker Schmidt Traver 231-922-2350

    Source: NGLRMLS,MLS#: 1929740MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Countryside View, Water, Bay View
    • Has water view: Yes
    • Water view: Water,Bay
    Lot
    • Size: 42 Acres
    • Features: Sloped, Hardwoods, Wooded, Evergreens, Steep Slope
    Details
    • Parcel number: 455135000102
    • Zoning description: Planned Unit Development,Site Condominium,Deed Restrictions,Bldg & Use Restrictions

    Utilities & green energy

    • Sewer: Public Sewer, None
    • Water: Public, None
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Common Area
    • Subdivision: Morgan Farms Phase II
    Location
    • Region: Traverse City

    Financial & listing details

    • Tax assessed value: $486,852
    • Price range: $2.5M - $2.5M
    • Date on market: 12/20/2024
    • Cumulative days on market: 742 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

    Not available

    Price history

    Price history
    DateEventPrice
    12/20/2024Listed for sale$2,500,000
    Source: NGLRMLS #1929740 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    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.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 49684

    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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