2088 Phelps Road Traverse City, MI ^$ 2,000,000

2088 Phelps Road

^$ 2,000,000

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2088 Phelps Road

Traverse City, MI, 49686

^$ 2,000,000

Studio Baths0.0

Monthly Estimate*

^$ 13,293

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Studio

Lots and Land for sale in Traverse City, MI

for $2,000,000. The lot size is 2.61.

A once-in-a-generation offering - 253 feet of private, direct West Bay frontage on Old Mission Peninsula. Very few parcels remain with this much untouched frontage - this is a fantastic opportunity to bring your vision and dreams to create your own ideal retreat from scratch. Building restrictions are limited to Peninsula Township regulations; Phelps road is extremely private, and this section is publicly maintained by Grand Traverse County - there are no private road agreements, and maintenance is guaranteed. Please note that waterfront cannot be split, but additional acreage across the road easement may be eligible for a split/resale in the future.

Lots and Land Active

Price

^$ 2,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Lot/Land

Lot Size

2.61

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1921287

Features

General

Zoning Residential Metes and Bounds

Middle School Traverse City East Middle School

School District Traverse City Area Public Schools

High School Central High School

Elementary School Eastern Elementary School

Exterior

Body of Water West Bay

Waterfront 253

Water Features Priv Frontage (Wtr Side) Water View All Sports Public Lake Bay View

* Excluded Features

List By

Century 21 Northland

Broker

(231) 642-1805

Phone

Affordability Calculator

$13,293

Per Month

Monthly Principal & Interest: $13,293
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Traverse City, MI

Average List Price ^$361,355

Percent of Sale Price 82%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034033 Elementary School

2034438 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2024	$2,000,000		Listed Price

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2088 Phelps Road, Traverse City, MI, 49686 is a Lots and Land for sale at $2,000,000 with a lot size of 2.61. 2088 Phelps Road is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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2088 Phelps Road

Lots and Land for sale in Traverse City, MI

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