$6,850,000

Estimated payment $41,259/month

Total Views 25,478
128 Acres
$53,557 Price per Acre
5,571,324 Sq Ft Lot

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Stables
  • Central High School Rated A-
  • Sandy Beach
  • Bay View

About This Lot

Escape to the serene beauty of Traverse City, Michigan with this once-in-a-lifetime opportunity to own a fully working farm on the prestigious Old Mission Peninsula. Nestled on over 126 acres of picturesque land, this property offers an idyllic lifestyle surrounded by natural beauty and endless possibilities. Comprised of six parcels, this remarkable farm boasts 300 feet of private sandy water frontage on West Grand Traverse Bay. At the heart of this property is a meticulously crafted equestrian barn, built in 2016. Boasting 9 spacious stalls, it provides a comfortable and luxurious home for your beloved horses. The barn also features convenient garage doors for work vehicles, a saddle room, employee break room with laundry facilities, and well-appointed grooming areas. Step inside the barn and be greeted by an expansive 60x100 heated dirt arena, perfect for training and exercising your equine companions. Ascend the stairs to discover a sprawling office space adorned with picture windows that offer views of the stalls & arena below. In addition to the equestrian facilities, this farm features multiple outbuildings and a collection of purebred Great Pyrenees guard dogs, ensuring the safety and security of your property. The land itself is a treasure trove of possibilities, with over 2000 Christmas trees, 300 lavender Vera plants, and 15 acres already dedicated to rotational crops. Immerse yourself in the joys of sustainable farming or explore new agricultural ventures. Don't miss your chance to own this extraordinary property on the Old Mission Peninsula.

Listing Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/14/2025

Coldwell Banker Schmidt Traver

Co-Listing Agent

Becky Tester

Coldwell Banker Schmidt Traver License #6501459887

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,243

Lot Details

  • 127.9 Acre Lot
  • Private Waterfront
  • 300 Feet of Waterfront
  • Sandy Beach
  • Kennel or Dog Run
  • Level Lot
  • Cleared Lot
  • Garden
  • The community has rules related to zoning restrictions

Parking

  • Garage

Property Views

  • Bay Views
  • Countryside Views

Utilities

  • Well
  • Private or Community Septic Tank
  • Phone Available

Additional Features

  • Property is near a Great Lake
  • Farm
  • Stables

Community Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$40,243

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: 20
  • Private Shared: Private
  • Section Number: 27
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 53557.47
  • Range: R 10W

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Subject To Easements, Bay View, Countryside View, Garden Area, Dog Pen, Kennel, Pole Building, Garage(s), Stable
  • Number Of Acres: 127.9
  • Road: Public Maintained, Gravel, Blacktop, Privately Maintained
  • Water Features: Priv Frontage (Wtr Side), Priv Frontage (Across Rd), Water View, All Sports, Sandy Bottom, Great Lake, Public Lake, Sandy Shoreline, Bay View
  • Waterfront Frontage: 300

Utilities

  • Utilities Available: Electric, Telephone
  • Waste Available: Private Septic
  • Waste Installed: Private Septic
  • Water Available: Private Well
  • Water Installed: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Working Farm, Farm, Cleared
  • Lot Dimensions: see docs
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Agricultural, Horses Allowed, Metes And Bounds, Farming, Bldg & Use Restrictions, Storage Buildings, Outbuildings Allowed

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $40,243 $1,625,100 $0 $0
2024 $31,911 $1,636,900 $0 $0
2023 $30,463 $962,400 $0 $0
2022 $36,355 $1,120,600 $0 $0
2021 $33,854 $962,400 $0 $0
2020 $30,450 $988,200 $0 $0
2019 $30,317 $998,600 $0 $0
2018 $47,971 $975,800 $0 $0
2017 -- $973,800 $0 $0
2016 -- $471,900 $0 $0
2014 -- $465,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $6,850,000 +75.6% $4,197 / Sq Ft
05/14/2025 05/14/25 For Sale $3,900,000 +387.5% $2,390 / Sq Ft
07/21/2015 07/21/15 Sold $800,000 -15.8% $490 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $950,000 -- $582 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $800,000 --
Deed $4,600 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933705

Northern Great Lakes REALTORS® MLS

APN: 11-227-001-65