#1929740, Mark Hagan, Listing office: Coldwell Banker Schmidt Traver
Property details
About 10775 E Traverse Hwy
Great opportunity to own a large 4+ acre development parcel within the city limits of Traverse City. Zoned C-1 which allows for a variety of uses including commercial, multi family and residential. Land naturally rises to the north allowing for some spectacular bay and city views. Land along M-72 (East Traverse Highway) is relatively flat and can be easily developed for commercial use. City water and sewer located on the road ROW with extremely reasonable fees for developers to access. So may opportunities with this rare large parcel located in the rapidly developing Traverse City market.
Highlights
Home typeOther
StatusActive
Lot size4 Acres
MLS #78080017003
Summary
- List Price: $2,750,000
- Annual Tax Amount: $2,734
- Tax Year: 2024
- Lot: Sloped
- Lot Size: 4 Acres
- MLS Number: 78080017003
- MLS Name: Aspire North REALTORS
- Office Name: Twin Bay Properties, LLC
- Office Phone: (231) 357-7800
- Listing Agent: David G Cutler
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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Last updated on: 7/10/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $60,300 | $2,734 |
| 2023 | $54,200 | $1,366 |
| 2022 | $54,200 | $1,333 |
| 2021 | $54,200 | $1,318 |
| 2020 | $52,000 | $- |
| 2019 | $45,100 | $- |
| 2018 | $27,400 | $- |
| 2017 | $26,900 | $- |
History based on county public records data.
Nearby schools
7
Willow Hill Elementary School
Public District PK-5
0.2 mi
•1250 Hill St
7
Central Grade Elementary School
Public District PK-5
1.4 mi
•301 7th St
3
Traverse Heights Elementary School
Public District PK-5
2.8 mi
•933 Rose St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,142. Typical income of Traverse City, MI residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
35%
<35k
37%
35k-100k
20%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
7%
Single, with Kids
36%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
48%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Best Buy
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 10775 E Traverse Hwy
The listing price of 10775 E Traverse Hwy property is $2,750,000.
The property 10775 E Traverse Hwy is land located in Traverse City, Michigan, 49684.
Active Listing: 10775 E Traverse Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10775 E Traverse Hwy are: Willow Hill Elementary School (GreatSchools Rating 7/10), Central Grade Elementary School (GreatSchools Rating 7/10), Traverse Heights Elementary School (GreatSchools Rating 3/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City West Middle School (GreatSchools Rating 7/10), Traverse City East Middle School (GreatSchools Rating 6/10), The Greenspire School (GreatSchools Rating 6/10), West Senior High School (GreatSchools Rating 8/10), Central High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $2,734 (source: MLS/based on county public records data).
The property 10775 E Traverse Hwy is 4 acres.
This home is located at 10775 E Traverse Hwy in Traverse City, MI and zip code 49684. Features: 0 bathroom. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $2,750,000.
In June 2025 more than 28 listings in Traverse City, MI were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 56 were sold below. In June 2025 in Traverse City, MI there were 12.7% more homes for sale than in May. In June 2025 median list price was $445,000 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.