4 months on rocket

E Carter Rd, Traverse City, MI, 49684

$2,500,000

42.00 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

WaterfrontWaterfront
MLS #1918309
Lot Size42.00 Acres
StatusActive

About E Carter Rd

Fantastic turn-key development opportunity on the rolling slopes of Morgan Farms! 42 acres available with access to both M-72 and E Carter Rd. 66 single family home lots have been preapproved in a Phase II Hilltop residential development. This truly unique property boasts fabulous views of both the city skyline and West Grand Traverse Bay in one of the last available tracts of land of this scale in the area. This location has mostly high and dry land populated by mature maples and red pines. New road construction and tree clearing already underway, all engineering complete, and remaining permits applied for. Enjoy the rural setting while being within biking/walking or five-minute drive of downtown Traverse City with terrific shopping/dining/entertainment, schools, hospital, and year-round festivals. Available utilities include municipal water/sewer, electric, natural gas, and cable.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Mark Hagan

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Countryside View

Lot Features

Lot Information:

  • Lot: Sloped, Wooded
  • Lot Size: 42.00 Acres

School Info

Assigned Schools Information:

  • West Senior High School, Public District Grades 9-12
  • West Middle School, Public District Grades 6-8
  • Willow Hill Elementary School, Public District Grades PK-5
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From M-22/M-72 junction (Tom's Market West Bay), follow M-22 north to left on E Carter Rd to Morgan Farms on left or follow M-72 west to Morgan Farms entrance on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
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Housing Market Comparison

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

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

E Carter Rd vs Traverse City

128 DAYS ON ROCKET

+72 Days

$2,500,000

+$2.1M More

KEY TAKEAWAY

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

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1918309

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Mark Hagan

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: 4/28/2024, 1:25:18 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

$7,562

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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-2266868
7
/10
  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-2266869
6
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 2.32 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2266870
7
/10
  • West Middle School

  • 3950 Silver Lake Rd

  • 2.39 miles

  • Public District Grades 6-8

High School

school-card-donut-2266871
9
/10
  • West Senior High School

  • 5376 N Long Lake Rd

  • 2.26 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,033. Most Traverse City, MI residents have annual incomes between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About E Carter Rd

What is the listing price of this property?

The listing price of E Carter Rd property is $2,500,000.

What type of property is this?

The property E Carter Rd is land located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: E Carter 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 E Carter Rd are:
Willow Hill Elementary School: GreatSchools Rating 7/10
Tcaps Montessori School: GreatSchools Rating 6/10
West Middle School: GreatSchools Rating 7/10
West Senior High School: GreatSchools Rating 9/10

How much acreage is this property?

The property E Carter Rd is 42.00 acres.
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Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›E Carter Rd

This home is located at E Carter Rd in Traverse City, MI and zip code 49684. This home sits on a 42.00 acre lot. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $2,500,000.

Traverse City, MI housing market in March 2024 saw over 22 listings sold above listed price, more than 20 sold at listed price and over 24 sold below. The number of listings in Traverse City, MI increased by 12.5% between February 2024 and March 2024. In March 2024 median list price was $366,000 and the average listing age was 56 days.

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

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