Residential Lot in Traverse
For Sale
$349,000
1242 Randall Court, Traverse City, MI 49686
Vacant Lot/Land, Traverse City, MI
Property SizeContact for details
Lot Size0.27 Acres
Days on Market669
Property Features for 1242 Randall Court
General Information
Property type
Land
Property subtype
Other
Zoning
Residential,Platted Subdi
Zoning description
Residential, Platted Subdivision
Lot features
Sloping, Wooded, Corner Lot, Sloping, Wooded, Corner Lot
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 - North on Peninsula Dr., East on Eastern Ave., South on Randall Ct.
Subdivision
Grand Traverse
Standard status
Active
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
LOT 8 COLLEGE HTS
Legal Description
LOT 8 COLLEGE HTS
Listing Agency:
Tandem Real Estate
(231) 493-8083
Listed By:
David Knapp
(313) 574-1796
Added: Nov 11, 2024
Changed: Sep 7
Last Checked: Sep 11 at 5:06PM
MLS# 1929102
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 residential lot is located at the base of Old Mission Peninsula, situated in a small, quiet, wooded neighborhood. The property is one block away from Central High School, Eastern Elementary, and Northwestern Michigan College. Bryant Park & Beach and the Civic Center are within walking distance, and downtown Traverse City's amenities are just under a mile away. The buildable parcel is lightly wooded and sloped upward from the street. City water, sewer, electric, and natural gas are available. The property is zoned R1-a, which allows for residential single-family homes, duplexes, and Accessory Dwelling Units (ADUs) by-right. The lot size is 0.27 acres.
Key Highlights
- Prime location: Walkable to Bryant Park & Beach, Civic Center, and downtown Traverse City amenities.
- Buildable lot: Lightly wooded, sloped upward from the street, with city utilities available.
- Zoned R1‑a: Allows single‑family homes, duplexes, and ADUs by‑right.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - Vacant residential lot near downtown Traverse City amenities.
Where is this land located?
The property is located at 1242 Randall Court Traverse City, MI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Prime location: Walkable to Bryant Park & Beach, Civic Center, and downtown Traverse City amenities.; Buildable lot: Lightly wooded, sloped upward from the street, with city utilities available.; Zoned R1‑a: Allows single‑family homes, duplexes, and ADUs by‑right.
