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$ 2,500,000
Est. payment | /mo
42 Acres Lot
$ 2,500,000
Est. payment | /mo
42 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Morgan Farms Phase Ii
MLS Listing ID 78080053148
Originating Board Aspire North REALTORS®
Lot Size 42.000 Acres
Acres 42.0
Lot Dimensions see survey
Property Description
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.
Location
State MI
County Leelanau
Area Elmwood Twp
Zoning Site Plan Condo
Building
Lot Description Water View, Wooded, Hilly-Ravine
Sewer Other/None
Water None
Schools
School District Traverse City
Others
Tax ID 5135000102
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
©2025 Realcomp II Ltd. Shareholders
Listed by Mark D Hagan of Coldwell Banker Schmidt Traverse City