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Planned Unit Development Land Opportunity
For Sale
$2,300,000

VL Cedar Run Road, Traverse City, MI 49684

LAND - Traverse City, MI

Property SizeContact for details
Lot Size107.30 Acres
Days on Market666

Property Features for VL Cedar Run Road

General Information

Property type Land
Property subtype Other
Zoning Planned Unit Development
Zoning description Planned Unit Development
Lot features Level, Rolling, Previously Farmed, Level, Rolling, Previously Farmed
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 East of Tilton Rd and West of Straight Rd
Subdivision Grand Traverse
Standard status Active
Lot size 107.30 Acres

Taxes and HOA fees

Tax Description See supporting documents - 08-011-019-20 included
Legal Description See supporting documents - 08-011-019-20 included
Listing Agency: Berkshire Hathaway Homeservices - TC
Listed By: Jonathan Crane · License #6501400690
Added: Oct 31, 2024 Changed: Aug 4 Last Checked: Aug 27 at 10:06PM
MLS# 1928660

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 approved Planned Unit Development encompasses 107.3 acres and includes two condominiums with supporting documentation. One condominium provides 102 ready-to-build lots, while the other is designed for boat and snowmobile storage for up to 55 units. The property also includes two existing barns designated for association use, including a historic three-level structure and a second barn with concrete flooring and space for four vehicles, which could support future meeting or recreation uses. Communal open space totals nearly 40 acres and includes walking and biking trails, with potential sites identified for playgrounds and gazebos. A dune-like hill already exists on site for sledding and exercise.

The PUD is located in Long Lake Township and is described as the only one of its kind there. Access is provided via a southern entrance that is less than one mile from Moomers, and the property is also noted as minutes from the Long Lake boat launch and two public beaches. Nearby context referenced in the remarks includes TC West Senior High School, with downtown Traverse City and Munson Hospital approximately 10 minutes away and Cherry Capital Airport about 20 minutes away.

For buyers or developers seeking an entitlement-complete project, this offering provides a structured foundation through completed township planning and approval, with established recreational amenities and on-site association facilities. The sellers also have an additional 2.5 acres of residential land with frontage on Coffield Lake, available as a separate transaction across the road from the PUD’s southern entrance on N Long Lake Rd.

Key Highlights

  • 107‑acre approved PUD in Long Lake Township, including two condominiums with associated documentation
  • One condominium includes 102 ready‑to‑build lots
  • Second condominium offers boat and snowmobile storage for up to 55 units

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

10
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved PUD with ready-to-build lots, boat/snowmobile storage, and association barns on more than 100 acres.
Where is this residential land & home lot located?
The property is located at VL Cedar Run Road Traverse City, MI.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 107‑acre approved PUD in Long Lake Township, including two condominiums with associated documentation; One condominium includes 102 ready‑to‑build lots; Second condominium offers boat and snowmobile storage for up to 55 units
More about this property
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