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.
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
- 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#: 1929740
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
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Listed for sale | $2,500,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 49684
Nearby schools
GreatSchools rating
- 7/10Willow Hill Elementary SchoolGrades: PK-5Distance: 1 mi
- 7/10West Middle SchoolGrades: 6-8Distance: 2.4 mi
- 1/10Traverse City High SchoolGrades: PK,9-12Distance: 5.6 mi
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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