10 months on rocket

11148 Bussa Rd, Rapid City, MI, 49676

$3,995,000

60.00 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

WaterfrontPrivate Frontage, Waterfront, All Sports, Rocky Shoreline, Sandy Bottom, Public Lake, Sandy Shoreline
MLS #1912574
Lot Size60.00 Acres
StatusActive

About 11148 Bussa Rd

Introducing a rare opportunity to purchase 60 acres with 894' on Torch Lake. You can have the best of all worlds on this estate sized parcel offering spectacular, private water frontage on one of the most beautiful lakes in the world. This is an incredible site providing the utmost amount of privacy to build your dream home. The variety of sloping and level topography are perfect for pasture and trails. The acreage offers open land, hardwoods and evergreens allowing for gorgeous countryside views. Conveniently located 6 miles from Elk Rapids; 16 miles from Flintfields Horse Park and 24 miles from downtown Traverse City. Property is to be shown by appointment only. The existing structures are not habitable in their current condition and no portion of the price is attributed to them. It shall be the responsibility of the Purchaser to dispose of the structures as Purchaser deems appropriate.The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Tia Rieck

Exterior Features

Exterior Information:

  • Waterfront: Private Frontage, Waterfront, All Sports, Rocky Shoreline, Sandy Bottom, Public Lake, Sandy Shoreline
  • Exterior: Countryside View, Other

Virtual/3D Tour

  • Virtual Tour: 11148 Bussa Rd

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Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly, Sloped, Cleared, Wooded
  • Lot Size: 60.00 Acres

School Info

Assigned Schools Information:

  • Elk Rapids High School, Public District Grades 9-12
  • Cherryland Middle School, Public District Grades 6-8
  • Lakeland Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Cherry Avenue to Bussa Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,995,000

Tax Information:

  • Annual Amount: $6,867
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Rapid City, MI.

Med. Sold Price

$306K

Med. Price/SqFt

$262

Avg. Days On Market

78

# of Sold Homes

4

11148 Bussa Rd vs Rapid City

312 DAYS ON ROCKET

+234 Days

$3,995,000

+$3.6M More

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price in Rapid City, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1912574

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Tia Rieck

Copyright © 2024 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: 4/30/2024, 12:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,867$1,046,900
2019$6,867$967,000
2018$6,889$958,500
2017$6,773$978,800

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3678385
8
/10
  • Lakeland Elementary School

  • 616 Buckley St

  • 3.63 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3678386
7
/10
  • Cherryland Middle School

  • 707 E 3rd St

  • 3.69 miles

  • Public District Grades 6-8

High School

school-card-donut-3678387
8
/10
  • Elk Rapids High School

  • 308 Meguzee Pt

  • 3.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,512. Most Rapid City, MI residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11148 Bussa Rd

What is the listing price of this property?

The listing price of 11148 Bussa Rd property is $3,995,000.

What type of property is this?

The property 11148 Bussa Rd is land located in Rapid City, Michigan, 49676.

Is this property for sale now?

Active Listing: 11148 Bussa Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11148 Bussa Rd are:
Lakeland Elementary School: GreatSchools Rating 8/10
Cherryland Middle School: GreatSchools Rating 7/10
Elk Rapids High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,867 (source: MLS/based on county public records data).

How much acreage is this property?

The property 11148 Bussa Rd is 60.00 acres.
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Rocket HomesMichiganKalkaska CountyRapid City4967611148 Bussa Rd

This home is located at 11148 Bussa Rd in Rapid City, MI and zip code 49676. This home sits on a 60.00 acre lot. It has been listed on Rocket Homes since June 22, 2023 and is currently priced at $3,995,000.

In March 2024 more than 0 listings in Rapid City, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 2 were sold below. Between February 2024 and March 2024, Rapid City, MI real estate market has seen increase in the number of listings by 15%. The median list price of listings available in March 2024 was $306,000, while the average time on the real estate market was 78 days.

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

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