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Residential Land with Stunning Views
For Sale
$115,000

4863 Grayhawk Boulevard lot 15, Traverse City, MI 49684

LAND - Traverse City, MI

Property SizeContact for details
Lot Size0.45 Acres
Days on Market497

Property Features for 4863 Grayhawk Boulevard lot 15

General Information

Property type Land
Property subtype Other
Zoning Residential,Site Condomin
Zoning description Residential, Site Condominium, Deed Restrictions
Exterior features Bay View
Lot features Sloping, Wooded, Sloping, Wooded
Elementary school Central Grade School
Middle school Traverse City West Middle School
High school Traverse City West Senior High School
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 Start on West Front Street continue straight onto Cedar Run Road turn left into Grayhawk. Stay left on Grayhawk Blvd
Subdivision Grand Traverse
Standard status Active
Lot size 0.45 Acres

Taxes and HOA fees

Tax Description UNIT 15 GRAYHAWK GT CO CONDO SUBD PLAN NO 118 SEC 5 & 8 T27N R11W
Legal Description UNIT 15 GRAYHAWK GT CO CONDO SUBD PLAN NO 118 SEC 5 & 8 T27N R11W

Utilities

Utilities Cable Available
Listing Agency: @properties Christie's Int'l
Listed By: Molly Buttleman · License #6501374903
Added: Apr 24, 2025 Changed: Jul 7 Last Checked: Sep 2 at 12:06PM
MLS# 1932830

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.

Located in the Grayhawk neighborhood, this 0.45-acre vacant lot offers the opportunity to build a dream home with views and privacy. The wooded, sloping lot is suitable for a walkout lower level. The property is located near downtown Traverse City, approximately one mile from Munson Medical Center, and close to dining options. The lot's location at the top of the neighborhood provides a private and peaceful setting with trees and foliage. The zoning is Residential, Site Condominium, Deed Restrictions.

Key Highlights

  • Amazing views and privacy.
  • Located in the Grayhawk neighborhood, minutes from downtown Traverse City.
  • Wooded sloping lot ideal for a walkout lower level.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Parking Lot & Garage Big Box & Wholesale Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

238
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?
Land - Wooded lot near downtown Traverse City with potential for walkout.
Where is this land located?
The property is located at 4863 Grayhawk Boulevard lot 15 Traverse City, MI.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Amazing views and privacy.; Located in the Grayhawk neighborhood, minutes from downtown Traverse City.; Wooded sloping lot ideal for a walkout lower level.
More about this property
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