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Ready-to-Build Waterfront Multi-Family Lot
For Sale
$249,000

10660 / 10662 Old Morgan Trail, Traverse City, MI 49684

LAND - Traverse City, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market123

Property Features for 10660 / 10662 Old Morgan Trail

General Information

Property type Land
Property subtype Other
Zoning Planned Unit Development,
Zoning description Planned Unit Development, Platted Subdivision, Site Condominium, Deed Restrictions, Bldg & Use Restrictions
Lot features Cleared, Wooded, Cleared, Wooded
Elementary school district Traverse City Area Public Schools
Middle school district Traverse City Area Public Schools
High school district Traverse City Area Public Schools
Directions From M72 Enter Morgan Farms head straight through round a bout on Old Morgan Trail, site is on the left hand side.
Subdivision Grand Traverse
Standard status Active
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description UNIT 5 & 6 - VALLEY VIEW SITE CONDOMINIUM LEELANAU COUNTY CONDOMINIUM SUB PLAN #130 LIBER 0864 PAGE 0166 MASTER DEED FILED JULY 28, 2005. LIBER 1015 PAGE 0109 1ST AMENDMENT TO MASTER FILED MAY 29, 2009. LIBER 1015 PAGE 0113 2ND AMENDMENT
HOA Fee $143 Monthly
Legal Description UNIT 5 & 6 - VALLEY VIEW SITE CONDOMINIUM LEELANAU COUNTY CONDOMINIUM SUB PLAN #130 LIBER 0864 PAGE 0166 MASTER DEED FILED JULY 28, 2005. LIBER 1015 PAGE 0109 1ST AMENDMENT TO MASTER FILED MAY 29, 2009. LIBER 1015 PAGE 0113 2ND AMENDMENT

Utilities

Utilities Cable Available
Listing Agency: REMAX Bayshore - Union St TC · RE/MAX International
Listed By: Karlie Acton · License #6501451651
Added: Apr 6 Changed: Jul 14 Last Checked: Aug 6 at 2:06AM
MLS# 1943496

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This ready-to-build multi-family lot offers water views and is located within a Planned Unit Development. The listing indicates you may use your own builder, subject to architectural guidelines.

Utilities are at the road. The property is marketed as being in the Morgan Farms Neighborhood, positioned close to everyday amenities.

Key Highlights

  • Ready‑to‑build multi‑family lot in the Morgan Farms Neighborhood in Traverse City
  • Beautiful water views
  • Utilities available at the road; cable available

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Nail Salon Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 49684, MI

22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-family waterfront lot with water views and utilities available at the road in a Planned Unit Development.
Where is this residential land & home lot located?
The property is located at 10660 / 10662 Old Morgan Trail Traverse City, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Ready‑to‑build multi‑family lot in the Morgan Farms Neighborhood in Traverse City; Beautiful water views; Utilities available at the road; cable available
More about this property
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