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Residential Building Lot Community

645 Madeira Drive, Traverse City, MI 49696

For Sale
$50,000

Residential lot in the Verndale at East Bay community with access to a scenic walking path and Conservation Park.

Property SizeContact for details
Days on Market532

Property Features for 645 Madeira Drive

General Information

Standard status Active
Property subtype Lots/Land

Amenities

walking path
open spaces
entrance
conservation park access
Listing Agency: REO-TCRandolph-233022
Listed By: Lexa Ferrill · License MI #6501431255
Source: Exitrealty
Added: May 27, 2025 Changed: Nov 1 Last Checked: Nov 1 at 2:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REO-TCRandolph-233022

Rey
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Investment Insights

Based on property information with market context.

This residential building lot is located within the Verndale at East Bay community. The community is designed around spacious building sites with expansive open spaces, and it includes a stylish entrance to welcome residents. A scenic walking path leads directly to Conservation Park, offering convenient access to outdoor recreation.

The property is listed for sale at 645 Madeira Drive in East Bay Township, within Grand Traverse, Michigan. The seller encourages buyers to bring their builder to create a new home on the site.

Within the Verndale at East Bay setting, the lot’s practical value is tied to the community’s planning and the established connection to Conservation Park via the on-site walking path.

Key Highlights

  • Residential lot in the Verndale at East Bay community
  • Scenic walking path provides access to Conservation Park
  • Community offers spacious building sites with expansive open spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick HVAC Service Real Estate Agency Law Firm Grocery & Convenience Store Pharmacy Storage Facility

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

62
Businesses Nearby

Demographics for 49696, MI

9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in the Verndale at East Bay community with access to a scenic walking path and Conservation Park.
Where is this residential land & home lot located?
The property is located at 645 Madeira Drive Traverse City, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Residential lot in the Verndale at East Bay community; Scenic walking path provides access to Conservation Park; Community offers spacious building sites with expansive open spaces
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