Discover an exceptional development opportunity nestled in the picturesque Morgan Farms! This prime 42-acre parcel offers convenient dual access from both M-72 and E Carter Rd, making it easily accessible from multiple directions. The Phase II Hilltop residential development has been thoughtfully designed with 66 pre-approved lots specifically zoned for single family homes. This remarkable property showcases breathtaking panoramic views of both the vibrant downtown skyline and the sparkling waters of West Grand Traverse Bay, making it one of the last remaining large-scale development parcels in this highly desirable area. The terrain features gently rolling, elevated topography with excellent natural drainage, adorned with mature maple trees and stately red pines creating an idyllic setting. Current development progress includes ongoing road construction and clearing operations, completed engineering work, and submitted permit applications awaiting approval. Residents will enjoy the perfect balance of peaceful countryside living while remaining incredibly accessible to downtown Traverse City - just a pleasant walk/bike ride or quick 5-minute drive away. The city center offers outstanding shopping, diverse dining options, entertainment venues, quality schools, comprehensive medical facilities, and engaging seasonal events. The property comes complete with full modern infrastructure including city water/sewer connections, electrical service, natural gas lines, and cable/internet capabilities.
| MLS # | 80065064 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 245 |
| Listing Provided By | Coldwell Banker Schmidt Traver | Mark Hagan |
| Zoning | Site Condominium |
|---|---|
| Acreage | 42.12 |
| Property View | Water |
| Lot Features | Sloped, Treed, Wooded |
|---|
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|
| List Aor | Aspire North REALTORS |
|---|
| State | MI |
|---|---|
| County | Leelanau |
| City | Traverse City |
| Zip Code | 49684 |
| Area | Traverse City (28021) |
| Community Name | Morgan Farms Phase Ii |
| Listing VS Median (in Morgan Farms Phase Ii) | |
Price: $2,500,000 low | high Med: $0 On site: 245 low | high Med: | |
| State | MI |
|---|---|
| County | Leelanau |
| City | Traverse City |
| Zip Code | 49684 |
| Area | Traverse City (28021) |
| Community Name | Morgan Farms Phase Ii |
| Listing VS Median (in Morgan Farms Phase Ii) | |
Price: $2,500,000 low | high Med: $0 On site: 245 low | high Med: | |