Most expensive homes for sale in 49686, MI

Tour

$8,875,000

5 beds • 5.5 baths • 8,440 sqft

16768 Wrightwood Terrace Dr, Traverse City, MI 49686

#1931322, Walter Kidd, Listing office: Kidd & Leavy Real Est Co, LLC

Tour

$8,875,000

5 beds • 5.5 baths • 10,412 sqft

16768 Wrightwood Terrace Dr, Traverse City, MI 49686

#475922, Patrick Leavy, Listing office: Kidd & Leavy Real Estate Co. LLC

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$4,399,000

4 beds • 3 baths • 6,945 sqft

2721 Nelson Rd, Traverse City, MI 49686

#1934261, Shawn Schmidt, Listing office: Coldwell Banker Schmidt Traver

$3,595,000

4 beds • 4.5 baths • 4,384 sqft

15722 Waters Edge, Traverse City, MI 49686

#1930574, Kyle O'Grady, Listing office: REMAX Bayshore - Union St TC

7 days on Rocket

$3,400,000

4 beds • 5.5 baths • 4,136 sqft

15664 Waters Edge, Traverse City, MI 49686

#78080058018, Kyle OGrady, Listing office: REMAX Bayshore - Union St TC

7 days on Rocket

$3,300,000

4 beds • 3.5 baths • 4,077 sqft

15985 Waters Edge, Traverse City, MI 49686

#78080058016, Kyle OGrady, Listing office: REMAX Bayshore - Union St TC

$2,715,000

4 beds • 3.5 baths • 3,314 sqft

15678 Waters Edge, Traverse City, MI 49686

#1930879, Kyle O'Grady, Listing office: REMAX Bayshore - Union St TC

Room to negotiate?

Median Sold Price

$429K

Avg. Sale Time

60 Days

Based on our May 2025 Market Report.

5 days on Rocket

$10,000 Closing Credit¹

$2,495,000

3 beds • 2 baths • 960 sqft

11751 Center Rd, Traverse City, MI 49686

#78080058149, Karen J Schmidt, Danielle Jerome, Listing office: Coldwell Banker Schmidt Traver

$10,000 Closing Credit¹

$1,950,000

4 beds • 2 baths • 3,035 sqft

1378 Gray Rd, Traverse City, MI 49686

#78080052476, Robert Brick, Listing office: REMAX Bayshore - W Bay Shore Dr TC

$10,000 Closing Credit¹

$1,650,000

5 beds • 3.5 baths • 5,083 sqft

11668 Snowfield, Traverse City, MI 49686

#1933089, Kelly Clark, Listing office: The Mitten Real Estate Group

$10,000 Closing Credit¹

$1,499,000

4 beds • 4 baths • 4,416 sqft

704 Webster, Traverse City, MI 49686

#78080054697, Audra Jackson, Listing office: EXIT Northern Shores Realty-ER

$10,000 Closing Credit¹

$1,382,062

3 beds • 1.5 baths • 2,105 sqft

412 Webster St Unit 2A, Traverse City, MI 49686

#1929792, Jennifer Gaston, Listing office: REMAX Bayshore - Union St TC

7 days on Rocket

$10,000 Closing Credit¹

$1,295,000

3 beds • 2.5 baths • 2,788 sqft

9428 Center Rd, Traverse City, MI 49686

#1934712, Cindy Anderson, Listing office: Lake Homes Realty, LLC

$10,000 Closing Credit¹

$1,250,000

3 beds • 0.5 bath • 2,300 sqft

12287 Bluff Rd, Traverse City, MI 49686

#1934369, Angela DiLorenzo, Listing office: Berkshire Hathaway Homeservices - TC

3 days on Rocket

$10,000 Closing Credit¹

$1,200,000

5 beds • 3.5 baths • 3,205 sqft

16756 Whispering Pnes, Traverse City, MI 49686

#78080058189, Ann M Porter, Listing office: REO-TCRandolph-233022

$10,000 Closing Credit¹

$1,150,000

3 beds • 2.5 baths • 3,076 sqft

2332 Twin Eagles Dr, Traverse City, MI 49686

#1934326, Bridget Carefoot, Listing office: CENTURY 21 Northland

$10,000 Closing Credit¹

$1,121,937

3 beds • 2.5 baths • 1,605 sqft

412 Webster St, Traverse City, MI 49686

#78080053202, Jennifer Gaston, Listing office: REMAX Bayshore - Union St TC

$10,000 Closing Credit¹

$1,000,000

1 bed • 1 bath • 495 sqft

3900 Swaney Rd, Traverse City, MI 49686

#78080051123, Kelly Price, Listing office: century 21 northland

$10,000 Closing Credit¹

$949,000

4 beds • 2.5 baths • 4,865 sqft

TBB3463 Autumn Leaf Dr, Traverse City, MI 49686

#1927453, Jeremy Fenske, Listing office: REMAX Bayshore - W Bay Shore Dr TC

$10,000 Closing Credit¹

$899,900

4 beds • 3.5 baths • 2,706 sqft

508 E State St, Traverse City, MI 49686

#1934206, David Hricik, Listing office: Kultura Real Estate

$10,000 Closing Credit¹

$895,000

3 beds • 2.5 baths • 3,802 sqft

895 Washington St, Traverse City, MI 49686

#1931432, Matthew Dakoske, Listing office: REMAX Bayshore - Union St TC

$9,488 Closing Credit¹

$799,000

2 beds • 2.5 baths • 2,058 sqft

1457 Braemar Dr, Traverse City, MI 49686

#1931754, Ted Schweitzer, Listing office: REO-TCFront-233021

6 days on Rocket

$9,084 Closing Credit¹

$765,000

3 beds • 2.5 baths • 2,680 sqft

6286 Red Fox Run, Traverse City, MI 49686

#78080058059, Molly Buttleman, Listing office: @properties Christies Intl

Tour

$8,905 Closing Credit¹

$749,900

3 beds • 1.5 baths • 1,950 sqft

16981 Peninsula Dr, Traverse City, MI 49686

#1933391, Ann Porter, Listing office: REO-TCRandolph-233022

7 days on Rocket

$8,894 Closing Credit¹

$749,000

3 beds • 2.5 baths • 2,680 sqft

6556 Mission Rdg, Traverse City, MI 49686

#20251005234, Justin Tibble, Listing office: NEXGEN Realty

$8,883 Closing Credit¹

$748,000

4 beds • 3 baths • 2,210 sqft

3423 Holiday Ridge Rd, Traverse City, MI 49696

#78080057869, Kenneth C Weaver, Listing office: Berkshire Hathaway Homeservices - TC

$8,609 Closing Credit¹

$725,000

5 beds • 3.5 baths • 2,213 sqft

9767 Londolyn Blf, Traverse City, MI 49686

#78080055798, Casey Kiley-Terzano, Listing office: The Mitten Real Estate Group

$8,609 Closing Credit¹

$725,000

5 baths • 3,276 sqft

1103 Titus Ave, Traverse City, MI 49686

#1933897, Kenneth Weaver, Listing office: Berkshire Hathaway Homeservices - TC

$8,313 Closing Credit¹

$700,000

1,187 sqft

415 E State St, Traverse City, MI 49686

#1932637, Michael Annelin, Listing office: CENTURY 21 Northland

$8,051 Closing Credit¹

$678,000

2 beds • 2.5 baths • 2,216 sqft

6250 Red Fox Run, Traverse City, MI 49686

#1932570, Ted Schweitzer, Listing office: REO-TCFront-233021

$7,955 Closing Credit¹

$669,900

3 beds • 2 baths • 1,808 sqft

3836 Old Mission Rd, Traverse City, MI 49686

#78080054042, Jamie Grace, Listing office: CENTURY 21 Northland

1 day on Rocket

$7,836 Closing Credit¹

$659,900

3 beds • 2 baths • 1,580 sqft

842 Munson Ave, Traverse City, MI 49686

#1934917, Judy Curtice-Porter, Listing office: REO-TCRandolph-233022

$7,718 Closing Credit¹

$649,900

4 beds • 3.5 baths • 3,727 sqft

2910 Cedarwood Ln, Traverse City, MI 49686

#1932561, Jack Lane, Listing office: REO-TCRandolph-233022

$7,541 Closing Credit¹

$635,000

3 beds • 1 bath • 2,144 sqft

855 E State St, Traverse City, MI 49686

#1934330, BJ Brick, Listing office: REMAX Bayshore - W Bay Shore Dr TC

$7,303 Closing Credit¹

$615,000

2 beds • 1.5 baths • 2,536 sqft

6458 Mission Rdg, Traverse City, MI 49686

#1933986, Sharon Edson, Listing office: REO-TCRandolph-233022

$7,184 Closing Credit¹

$605,000

4 beds • 2 baths • 2,006 sqft

1330 N Orchard Dr, Traverse City, MI 49686

#78080056692, Christina Ingersoll, Listing office: REMAX Bayshore - Union St TC

$7,125 Closing Credit¹

$600,000

2 beds • 2.5 baths • 2,764 sqft

6515 Mission Rdg, Traverse City, MI 49686

#1931397, Ryan Craig, Listing office: @properties Christie's Int'l

$7,124 Closing Credit¹

$599,900

3 beds • 1 bath • 1,512 sqft

302 Huron St, Traverse City, MI 49686

#1934173, Chris Christensen, Listing office: Five Star Real Estate - Front St TC

5 days on Rocket

$7,119 Closing Credit¹

$599,500

3 beds • 1.5 baths • 1,469 sqft

8173 Bel Cherrie Dr, Traverse City, MI 49686

#78080058107, Janel Brown, Taylor Brown, Listing office: REO-TCFront-233021

$6,757 Closing Credit¹

$569,000

2 beds • 2.5 baths • 1,142 sqft

715 E State St, Traverse City, MI 49686

#78080055246, BJ Brick, Robert Brick, Listing office: REMAX Bayshore - W Bay Shore Dr TC

49686, MI Real Estate Market Overview

There are 120 most expensive homes for sale in 49686, MI. The following market insights reflect all property types in the 49686, MI real estate market. The number of homes for sale in 49686, MI increased by 11.7% between April 2025 and May 2025. The median list price of listings available in May 2025 was $429,000, while the average time on the real estate market was 60 days. While more than 13 listings in 49686, MI in May 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 17 were sold below.

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

Schools near 49686, MI

Elementary Schools

Old Mission Peninsula School
2699 Island View Rd
Public Charter KG-6
Eastern Elementary School
1600 Eastern Ave
Public District PK-5
Cherry Knoll Elementary School
1800 3 Mile Rd N
Public District PK-5

Middle Schools

Traverse City East Middle School
1776 3 Mile Rd N
Public District 6-8

High Schools

Central High School
1150 Milliken Dr
Public District 9-12
Grand Traverse Academy
1245 Hammond Rd E
Public Charter PK-12
Traverse City High School
3962 3 Mile Rd N
Public District 9-12

Data provided by Great Schools

Most expensive homes for sale in 49686, MI

49686, MI Real Estate Market Overview

Schools near 49686, MI

Housing market reports in Grand Traverse County

Homes for sale near 49686, MI

Top real estate cities in Michigan