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    0000 Lake Dr Traverse City, MI 49685

    Sponsored
    For Sale
    $289,000

    land - TRAVERSE CITY, MI

    Lot size:
    0.59 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 8 at 3:06 pm

    Property Features for 0000 Lake Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.59 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Adam Miller, Miller Investment Company (866) 603-5140

    Listing date Dec 31, 2025

    MLS# 1936245 Listing URL

    Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Silver Lake Waterfront Land Parcel

    This is a rare opportunity to own a half-acre parcel with 25 feet of private frontage on Silver Lake. The cleared and ready-to-build lot is nestled in a quiet, private setting just minutes from downtown Traverse City. The property allows for swimming, boating, and fishing. This waterfront property is located in one of northern Michigan's most desirable locations. The lot is located in Traverse City, MI 49685, in Grand Traverse County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Hotel & Motel Kitchen & Bath Garden Center Nursing Home Travel Agency Plumbing Service Bed & Breakfast Adult Day Care Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.682627544192
    Latitude
    44.709681669914

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    FAQs

    What type of property is this?
    Land - Half-acre lot with 25 feet of private Silver Lake frontage.
    Where is this land located?
    The property is located at 0000 Lake Dr Traverse City, MI.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - 25 feet of private frontage on Silver Lake; - Cleared and ready-to-build half-acre parcel; - Minutes from downtown Traverse City
    (231) 632-1033
    Request Owner's contact information
    0000 Lake Dr Traverse City, MI 49685
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Lake Dr Traverse City, MI 49685
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