$469,000 $30K PRICE DROP
- Land
- 11.53 Acres
- $40,676 per Acre
- 0 Nelson Rd
- Unit 1937199
- Traverse City, MI
Estimated payment $23,068/month
A rare opportunity to own a celebrated architectural masterpiece, Old Mission Peninsula’s Most Unique offering. Truly irreplaceable, this fully custom construction home offers breathtaking views and possibility of a boat slip at Bowers Harbor Marina. This one-of-a-kind estate has 360 of development protected views overlooking Grand Traverse Bay, vineyards, and orchards. Designed by world-renowned green architect William McDonough, this 5-bed, 6-bath home offers environmentally conscious luxury across 8.44 acres with producing vineyards (Chardonnay and Riesling). Features include a passive solar entry, indoor lap pool with panoramic windows, main floor art gallery, main floor master with en suite, and loft office with deck and bay views. Lower-level gallery with kitchenette, game room, and 4 bedrooms, 3 with en-suite baths, and stunning 50-ft underground wine cellar with redwood racks. Designed for entertaining and family gatherings. Exquisite craftsmanship throughout: curved copper rooflines, steel columns with custom wood saddles, radiant floor heating, dual-zone HVAC, smart home system, 3 fireplaces, ADA-accessible 13⁄4" solid birch doors, granite countertops, Baldwin/Kohler fixtures, and custom cabinetry. Updates made spring 2026 including 4 new sliding doors and more. Professionally landscaped with river and pond features. Two gardens could be re-imagined as additional decking with views. Sale of vineyard grapes to Black Star Farms can be negotiated. Additional 11.5-acre vineyard parcel available across the road. Ready for the next visionary to make it theirs.
Listing Agent
Coldwell Banker Schmidt Traverse City Brokerage Phone: 231-499-1990 Listed on: 05/23/2025
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,435 | $1,380,000 | $0 | $0 |
| 2024 | $17,003 | $1,389,400 | $0 | $0 |
| 2023 | $23,187 | $992,500 | $0 | $0 |
| 2022 | $23,187 | $1,063,700 | $0 | $0 |
| 2021 | $21,643 | $992,500 | $0 | $0 |
| 2020 | $21,424 | $889,700 | $0 | $0 |
| 2019 | $21,537 | $889,700 | $0 | $0 |
| 2018 | $28,836 | $807,900 | $0 | $0 |
| 2017 | -- | $791,600 | $0 | $0 |
| 2016 | -- | $797,300 | $0 | $0 |
| 2014 | -- | $762,800 | $0 | $0 |
| 2012 | -- | $702,200 | $0 | $0 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | Price Changed | $3,990,000 | -5.0% | $575 / Sq Ft |
| 12/01/2025 12/01/25 | For Sale | $4,199,000 | 0.0% | $605 / Sq Ft |
| 12/01/2025 12/01/25 | Off Market | $4,199,000 | -- | -- |
| 09/24/2025 09/24/25 | Price Changed | $4,199,000 | -4.5% | $605 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $4,399,000 | -- | $633 / Sq Ft |
Shawn Schmidt Smith is an experienced agent who can help. Shawn is uniquely qualified to do it all. As a top producer for the last fifteen years and a fourth generation Traverse City Realtor, it is hard to find someone who has been around real estate more. Shawn's family owns and operates Coldwell Banker Schmidt Family of Companies, the #1 brokerage in northwest Michigan. With over 90 offices and a company that is 100 years, this experience and network can provide unparalleled value to you.
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1934261
APN: 11-703-007-00
Ask me questions while you tour the home.