$8,609 Closing Credit¹
#78080055798, Casey Kiley-Terzano, Listing Office: The Mitten Real Estate Group
$1,950,000 List price
1378 Gray Rd Traverse City, MI 49686
$10,000
Closing credit¹
4 beds
1 full
3,035 sqft
80.0 acres
$643 / sqft
House
Property details
About 1378 Gray Rd
Situated on Old Mission Peninsula with sweeping views of Old Mission's pastoral beauty, this once in a lifetime property and opportunity offers 80 pristine acres of protected farmland under Peninsula Township’s PDR program, ensuring it remains undeveloped. Originally built in 1900, this totally renovated farmhouse pairs historic charm with modern convenience, while the massive red barn, 4-car detached garage with a foreman’s office, and multiple utility buildings provide plenty of functional space. Additional features include a pole building for storage, equipment sheds, a cold storage facility, and a fruit/food cellar. Perfect for those seeking a blend of space, privacy, and farming potential. Within close proximity to the best wineries, restaurants, parks, and beaches that Old Mission Peninsula has to offer- located just minutes from downtown Traverse City!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
(Active U/C Taking Backups)
(Active U/C Taking Backups)
Size3,035 sqft
Lot size80 Acres
Year built1900
ParkingOther, Detached
MLS #1929051
Garage3 spaces
FireplaceFireplace(s), Wood
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Refrigerator, Oven/Range, Washer, Dryer
- Interior: Pantry, Solarium/Sun Room, Other
- Fireplace: Fireplace(s), Wood
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Other, Detached
- Exterior: Bay View,Deck,Countryside View,Other,Covered Porch,Porch, Vinyl
- Architectural Style: 2 Story, Farm House
- Heating: Forced Air
- List Price: $1,950,000
- Price/SqFt: $642
- Annual Tax Amount: $7,297
- Tax Year: 2024
- Lot: Farm, Cleared, Level, Rolling/Hilly
- Directions: Take Center Rd/M-37 approximately 8 miles until you reach Gray Rd. Continue on Gray Rd for about 0.7 miles until you reach the property.
- Year Built: 1900
- Living Area: 3,035 SqFt
- Lot Size: 80 Acres
- MLS Number: 1929051
- MLS Name: TAAR
- Office Name: REMAX Bayshore - W Bay Shore Dr TC
- Office Phone: (231) 941-4500
- Office Email: hello@brickcorbett.com
- Listing Agent: Robert Brick
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 12:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,950,000
1378 Gray Rd
$10,000
closing credit¹
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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 | $979,000 | $7,297 |
| 2023 | $740,900 | $- |
| 2022 | $803,800 | $6,950 |
| 2021 | $740,900 | $6,487 |
| 2020 | $739,000 | $6,455 |
| 2019 | $706,500 | $- |
| 2018 | $655,000 | $- |
| 2017 | $652,400 | $- |
History based on county public records data.
Nearby schools
7
Old Mission Peninsula School
Public Charter KG-6
2.9 mi
•2699 Island View Rd
4
Eastern Elementary School
Public District PK-5
5.0 mi
•1600 Eastern Ave
3
Traverse Heights Elementary School
Public District PK-5
6.5 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 $84,036. The most common annual income of people living in Traverse City, MI is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
19%
<35k
41%
35k-100k
28%
100k-200k
12%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
23%
Single, No Kids
4%
Single, with Kids
54%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
9%
12-17 yrs old
8%
18-34 yrs old
49%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Applebees
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1378 Gray Rd
The listing price of 1378 Gray Rd property is $1,950,000.
The property 1378 Gray Rd is a house located in Traverse City, Michigan, 49686.
Active Listing: 1378 Gray Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1378 Gray Rd are: Old Mission Peninsula School (GreatSchools Rating 7/10), Eastern Elementary School (GreatSchools Rating 4/10), Traverse Heights Elementary School (GreatSchools Rating 3/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City West Middle School (GreatSchools Rating 7/10), Cherryland Middle School (GreatSchools Rating 7/10), Central High School (GreatSchools Rating 8/10), Traverse City High School (GreatSchools Rating 2/10), The Greenspire School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $7,297 (source: MLS/based on county public records data).
The property at 1378 Gray Rd has 4 bedrooms and 2 bathrooms.
The property 1378 Gray Rd is 3,035 SqFt (source: MLS/tax record).
The year of construction for 1378 Gray Rd is 1900.
This home is located at 1378 Gray Rd in Traverse City, MI and zip code 49686. This 3,035 square foot home, which was built in 1900, sits on a 80.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,950,000.
In April 2025, from all listings sold in Traverse City, MI there were more than 19 sold above asking price, over 43 sold below and more than 14 were sold right at the asked price. Between March and April 2025, Traverse City, MI real estate market has seen increase in the number of listings by 28.8%. While the average time on the market in April 2025 was 64 days, the median list price was $453,051.
From Rocket Homes Real Estate and based on county public records data.