$500,000

315/319 Fair St Traverse City, MI 49686

East Traverse City Neighborhood

Estimated payment $3,140/month

0.37 Acre
$1,351,351 Price per Acre
16,117 Sq Ft Lot

Highlights

  • Garage
  • Level Lot
  • 4-minute walk to Kids Kove

About This Lot

A rare opportunity to TWO prime in-town parcels in the heart of Traverse City! This 100x165 lot offers exceptional potential for new construction or investment development, located just steps from the Civic Center, TART Trail, shopping, restaurants, and local schools. This property provides options for single-family homes, with garage or possible accessory dwelling unit (ADU)-subject to city approval. With city water, sewer, and natural gas available, these parcels are ready for your vision. Develop both or keep one for yourself and develop one! Opportunities like this are becoming increasingly rare in Traverse City’s core, don’t miss the chance to design and build in one of the area’s most walkable neighborhoods!

Listing Agent

Jennifer Hastings

Key Realty One-TC License #6501391762 Listed on: 11/22/2025

Key Realty One-TC

Co-Listing Agent

Brenna Russell

Key Realty One-TC License #6501419328

Property Details

Property Type

  • Land

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x165x100x166
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • Garage

Community Details

  • Fosters & Crotsers Add Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: 20
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 11W

Exterior Features

  • Exterior Features: Garage(s)
  • Number Of Acres: 0.37
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric
  • Waste Available: Municipal
  • Water Available: Municipal Water

Association/Amenities

  • Development Name: Fosters & Crotsers Add

Lot Info

  • Land Features: Level
  • Lot Dimensions: 100x165x100x166
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Metes And Bounds, Splits Available

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 For Sale $500,000 -- --
Source: Northern Great Lakes REALTORS® MLS

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1940726

Northern Great Lakes REALTORS® MLS
Michigan Grand Traverse County Traverse City 49686 East Traverse City

315/319 Fair St, Traverse City, MI

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Nearby Homes
Jennifer Hastings
Listing Agent
Jennifer Hastings
Section Image
Key Realty One-TC
(231) 536-8592