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    5961 E Oslo St Williamsburg, MI 49690

    New
    For Sale
    $4,900,000

    Recreational/Resort,Other - Williamsburg, MI

    Property size:
    1,780 SF
    Lot size:
    9.00 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 5961 E Oslo St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other,Commercial,Planned Unit Development
    Rooms
    Basement
    Basement Y/N
    1
    Size
    1,780 SF
    Lot size
    9.00 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2023
    Roof type
    Metal, Other
    Architectural style
    Other

    Re/max Bayshore Properties (231) 941-5600 [email protected]

    Listing agent Robert Brick (231) 941-4500

    Listing date Dec 12, 2025

    MLS# 1941133 Listing URL

    Copyright © 2025 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.

    Overview

    KOTI Resort Multifamily Development Opportunity

    This 9-acre parcel, located in the KOTI resort community, presents an opportunity for investors interested in multifamily, mixed-use, or condo-resort development. A preliminary site plan allows for up to 146 units, accommodating townhomes, apartments, or condominiums. The property benefits from existing zoning and infrastructure, including interior roadways, MDOT-approved access points, and direct access to the TART Trail. Situated a quarter mile from the East Arm of Grand Traverse Bay and minutes from downtown Traverse City, the location is suitable for personal use or as a full-season destination. The site is surrounded by regional attractions such as the Grand Traverse Resort and Spa, Turtle Creek Hotel & Casino, Flintfields Horse Park, and five golf courses, providing year-round appeal. The property is located in Williamsburg, MI, in Grand Traverse County. The property size is 1780 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Williamsburg
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.493562
    Latitude
    44.772636

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    FAQs

    What type of property is this?
    Commercial land - 9-acre parcel with site plan for 146 units.
    Where is this commercial land located?
    The property is located at 5961 E Oslo St Williamsburg, MI.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Development-ready 9-acre parcel within the KOTI resort community; - Site is preliminarily planned for up to 146 units (townhomes, apartments, or condominiums); - Zoning and infrastructure are in place, including roadways, MDOT access, and TART Trail connectivity
    (231) 941-4500
    Request Owner's contact information
    5961 E Oslo St Williamsburg, MI 49690
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    Williamsburg, MI 49690
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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
    5961 E Oslo St Williamsburg, MI 49690
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