E Carter Road, Traverse City, MI 49684

$2,500,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,500,000
Days on Market
185
Status
ACTIVE
MLS#
1941891
Lot Size (Acres)
42.12

Property Description

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.

Additional Information

Building Name
Morgan Farms Phase Ii
Amenities
Common Area
View
Water, Bay View, Countryside View
Utilities
Electricity Available
Water
Public, None
Sewer
Public Sewer, None
School District
Traverse City Area Public Schools

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Coldwell Banker Schmidt Traver. 231-922-2350