9 months on rocket

5502 M-72 E, Williamsburg, MI, 49690

$2,499,000

147.00 Acres
Land
Schools Nearby

Location

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Property Highlights

WaterfrontNone
MLS #1913131
Lot Size147.00 Acres
StatusActive

About 5502 M-72 E

This new listing in Williamsburg, Michigan presents a unique opportunity to own a sizable piece of land with a convenient location and access to numerous amenities. It's worth considering the various possibilities and potential this property has to offer. With 147 acres of land, there are indeed endless possibilities for its use. The property's location near various PRIME LOCATIONS in Northern Michigan adds to its appeal. The proximity to Torch Lake, Elk Lake, Grand Traverse Bay, Downtown Traverse City, Flint Horse Fields and the Grand Traverse Resort provides plenty of recreational options for residents or visitors to enjoy. Additionally, the countless lakes, parks, and trails in the area offer opportunities for outdoor activities and exploration. One notable feature of the property is its proximity to the TART trail. This trail is part of the Traverse Area Recreation and Transportation (TART) system and provides a scenic route for walking, running, or biking. The fact that the trail connects all the way to Suttons Bay is a significant advantage for those who enjoy outdoor adventures. The property being partly zoned for agriculture and residential use allows for versatility in its development. This means that you could potentially engage in agricultural activities or consider developing residential properties on the land, depending on your preferences and local regulations. You must take to time to tour this unique property to appreciate all that it has to offer.

Property Details

Property Features

Listing Office:

  • Office Name: The Mitten Real Estate Group
  • Listing Agent: Ryan Craig

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Countryside View, Seasonal View, Garden Area

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly, Wooded
  • Lot Size: 147.00 Acres

School Info

Assigned Schools Information:

  • Kalkaska High School, Public District Grades 9-12
  • Kalkaska Middle School, Public District Grades 6-8
  • Cherry Street Intermediate School, Public District Grades 4-5

Other

Directions Information:

  • Directions: From US 31 N and M72 E intersection turn East go through both round bouts, the property will be just on your right hand side across the road from Traverse Bay RV Resort.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,000
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Housing Market Comparison

See how this home compares to others in Williamsburg, MI.

Med. Sold Price

$371.5K

Med. Price/SqFt

$244

Avg. Days On Market

55

# of Sold Homes

4

5502 M-72 E vs Williamsburg

293 DAYS ON ROCKET

+238 Days

$2,499,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Williamsburg, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1913131

Listing Office:

  • Office Name: The Mitten Real Estate Group
  • Listing Agent: Ryan Craig

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: 4/27/2024, 12:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,559

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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.

Middle School

school-card-donut-1211709
4
/10
  • Kalkaska Middle School

  • 1700 W Kalkaska St

  • 5.10 miles

  • Public District Grades 6-8

school-card-donut-1211710
4
/10
  • Cherry Street Intermediate School

  • 315 S Cherry St

  • 5.92 miles

  • Public District Grades 4-5

High School

school-card-donut-1211711
7
/10
  • Kalkaska High School

  • 109 N Birch St

  • 5.67 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,030. Typical income of Williamsburg, MI residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5502 M-72 E

What is the listing price of this property?

The listing price of 5502 M-72 E property is $2,499,000.

What type of property is this?

The property 5502 M-72 E is land located in Williamsburg, Michigan, 49690.

Is this property for sale now?

Active Listing: 5502 M-72 E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5502 M-72 E are:
Kalkaska Middle School: GreatSchools Rating 4/10
Cherry Street Intermediate School: GreatSchools Rating 4/10
Kalkaska High School: GreatSchools Rating 7/10

How much acreage is this property?

The property 5502 M-72 E is 147.00 acres.
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Rocket HomesMichiganGrand Traverse CountyWilliamsburg496905502 M-72 E

This home is located at 5502 M-72 E in Williamsburg, MI and zip code 49690. This home sits on a 147.00 acre lot. It has been listed on Rocket Homes since July 08, 2023 and is currently priced at $2,499,000.

While more than 1 listings in Williamsburg, MI in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Williamsburg, MI increased by 16.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 55 days, the median list price was $371,500.

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

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