NOT LISTED FOR SALE

0 S Garfield Rd Unit multi 1885190 Traverse City, MI 49686

337 Acres
-- Price per Acre
14,665,350 Sq Ft Lot

Last Sold December 07, 2021

Last sale price $6,000,000

263 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • 336.67 Acre Lot
  • Central High School Rated A-
  • Sandy Beach
  • Wooded Lot

About This Lot

As of December 2021

Incredible opportunity for premium property w/over 10,000' combined private frontage on beautiful Arbutus Lake. Secluded, yet accessible in any season, there is no other development in the Grand Traverse region that compares to this jewel of a location. 40 acre parcel splits & several small acreage lots are packaged together in this offering for 354 acres comprised of separate parcels. Ideal for developer or builder looking to offer upscale home packages in private wooded locations w/waterfront OR large single estates. 395 acre Arbutus Lake is a scenic, all-sports lake w/sandy shoreline/bottom surrounded by gorgeous rolling woodland, areas of sunny meadow & lots of wildlife. Frontage on four county-maintained roadways w/underground utilities. Just 6 miles to downtown Traverse City.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 03/19/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 03/19/2021

Coldwell Banker Schmidt Traver

Property Details

Property Type

  • Land

Lot Details

  • 336.67 Acre Lot
  • Private Waterfront
  • 5,908 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Utilities

  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 9
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 17821.61
  • Range: R 10W

Exterior Features

  • Body Of Water: Arbutus Lake
  • Exterior Features: Countryside View
  • Lake Size: 395 acres
  • Number Of Acres: 336.67
  • Road: Public Maintained, Gravel, Blacktop, Cul-De-Sac
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, All Sports, Sandy Bottom, Vegetation To Water Edge, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 5908

Utilities

  • Utilities Available: Cable Tv, Dsl, Electric, Cable Internet, Telephone
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: multi
  • Deeded Waterfront: Yes
  • Land Features: Level, Rolling, Sloping, Some Lowland Areas, Hardwoods, Cleared, Wooded, Evergreens
  • Lot Dimensions: see surveys
  • Zoning Use Restrictions: Residential, Metes And Bounds, Splits Available, Finished Lots, Bldg & Use Restrictions, Storage Buildings

MLS Schools

  • School District: Traverse City Area Public Schools

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $6,000,000 -16.4% --
07/15/2021 07/15/21 Price Changed $7,175,000 -18.0% --
03/19/2021 03/19/21 For Sale $8,750,000 -- --
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1885190

Northern Great Lakes REALTORS® MLS