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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$1,250,000

Est. payment - /mo

3 Beds

2 Baths

3,055 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 3,055 sqft

Price per Sqft $409

Subdivision Hannah Lay & Co 9Th Add

MLS Listing ID 78080073474

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1900

Lot Size 1.190 Acres

Acres 1.19

Property Sub-Type SingleFamilyResidence

Property Description

Rare 1.19-Acre Development Opportunity in Traverse Citys Kids Creek Neighborhood A truly unique opportunity in one of Traverse Citys most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning and existing is exceptionally difficult to find in the city. The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above and a separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad. R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running along the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City. The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.

Location

State MI

County Grand Traverse

Area Area28042Traversecity

Rooms

Basement Block

Main Level DiningRoom

Main Level Bedroom2

Upper Level Bedroom3

Main Level FamilyRoom

Main Level LivingRoom

Main Level Kitchen

Upper Level Bedroom4

Main Level Bedroom1

Main Level Laundry

Interior

Interior Features CathedralCeilings, WalkInClosets

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplaces Type Gas, WoodBurningStove

Fireplace No

Exterior

Parking Features ThreeCarGarage, Attached, Detached, Garage, GarageDoorOpener, Carport

Garage Spaces 3.0

Waterfront Description Creek, Waterfront

View Y/N No

Garage true

Building

Lot Description Cleared, Sloped, Wooded

Foundation Block, MichiganBasement, Stone

Sewer Shared Septic

Water Public

New Construction No

Schools

School District Traverse City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Shelly Brunette of REO-TCRandolph-233022

Nearby Locations

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Erin Raetz

+1(586) 996-8410

125 S Cedar ST Traverse City, MI 49684

Erin Raetz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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