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$2,500,000

E Carter Rd Traverse City, MI 49684

42.0 acres
Land

Property details

About E Carter Rd

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.

Highlights

StatusActive
Lot size42 Acres
MLS #1929740
WaterfrontWater View

Summary

  • Waterfront: Water View
  • Exterior: Countryside View
  • List Price: $2,500,000
  • Lot: Sloped, Wooded
  • Directions: From M-22/M-72 junction (Tom's Market West Bay), follow M-22 north to left on E Carter Rd to Morgan Farms on left or follow M-72 west to Morgan Farms entrance on right
  • Lot Size: 42 Acres
  • MLS Number: 1929740
  • MLS Name: TAAR
  • Office Name: Coldwell Banker Schmidt Traver
  • Office Phone: (231) 929-7985
  • Listing Agent: Mark Hagan

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: 8/3/2025, 10:45:28 PM 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

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

7

Willow Hill Elementary School

Public District PK-5

1.0 mi

1250 Hill St

7

Central Grade Elementary School

Public District PK-5

2.2 mi

301 7th St

5

Long Lake Elementary School

Public District PK-5

3.6 mi

7600 N Long Lake Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,033. The most common annual income of people living in Traverse City, MI is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
48%
35k-100k
23%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
6%
Single, with Kids
40%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
42%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • LincolnLincoln
  • GMCGMC
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About E Carter Rd

The listing price of E Carter Rd property is $2,500,000.

The property E Carter Rd is land located in Traverse City, Michigan, 49684.

Active Listing: E Carter Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for E Carter Rd are: Willow Hill Elementary School (GreatSchools Rating 7/10), Central Grade Elementary School (GreatSchools Rating 7/10), Long Lake Elementary School (GreatSchools Rating 5/10), 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).

The property E Carter Rd is 42 acres.

This home is located at E Carter Rd in Traverse City, MI and zip code 49684. Features: 0 bathroom. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $2,500,000.

In July 2025 more than 20 listings in Traverse City, MI were sold above the asking price. During the same period more than 31 listings were sold at asking price, while more than 51 were sold below. The inventory of homes for sale in Traverse City, MI between June and July 2025 increased by 4.7%. In July 2025 median list price was $442,000 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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