$9,500,000

S Garfield Road

Traverse City MI, 49686

Description

Incredible large acreage parcels showcasing 5625' of private frontage on beautiful Arbutus Lake. 40 acre parcel splits combine in this offering for 333+ acres, ideal for developer or builder looking to offer upscale home packages in private wooded setting w/waterfront OR large single estate. Secluded, yet accessible in any season, there is no other property in the Grand Traverse region that compares to this jewel of a location. 395 acre Arbutus Lake is a scenic, all-sports lake w/sandy shoreline/bottom surrounded by gorgeous rolling woodland, areas of sunny meadow & lots of wildlife. Frontage on four county-maintained roadways w/underground utilities, many building site options, and smart restrictions to maintain the quality of the area round out this unique development in East Bay Township. Just 6 miles to downtown Traverse City.

Details

MLS#1857578
Sub-TypeResale
StatusActive
Days On Site289

Features

ZoningResidential,Metes and Bounds
Acreage333.00
Water FrontYes
Property ViewYes

Market Activity 49686

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49686
AreaGrand Traverse
Listing VS Median (in 49686)
Price:
$9,500,000
low | high
Med:
$249,900
100% of Average
On Site:
289
low | high
Med:
89
100% of Average
Listing Updated: 12/14/2019
MLS Number: 1857578
Listing Provided By:
Mark Hagan  of  Coldwell Banker Schmidt-402
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.