Traverse City, MI Waterfront Land for Sale

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Updated: Jul 9

Private Waterfront Land Parcel

14750 Mallard Drive, Traverse City, MI 49686

$3,500,000

4.99 AC lot

5‑acre metes‑and‑bounds parcel with private shoreline and uninterrupted lake views
Over 560 feet of private shoreline with water views from a raised knoll
No association for the parcel
Lakefront with direct boating access to the Great Lakes and beyond
Located mid‑Peninsula near downtown Traverse City dining and shopping

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Updated: Aug 10

Riverfront Commercial Land

520 & 530 WELLINGTON STREET, Traverse City, MI 49686

$1,350,000

246' of frontage on the Boardman River
D‑2 development district zoning
2 tax parcels included
Includes 2 warehouse buildings
Located within Traverse City city limits

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Waterfront Residential Land Lot

136 N E Bay Boulevard, Traverse City, MI 49686

$250,000

0.10 AC lot

Residentially zoned lot near East Bay Beach, offering a waterfront lifestyle close to Traverse City amenities.

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Waterfront Land with Private Frontage

186 N South Long Lake Rd, Traverse City, MI 49685

$850,000

0.30 AC lot

Build-ready lakefront lot with 66 feet of private frontage, sandy bottom, and an existing cabin, driveway, and power.

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Waterfront Land with Multiple Building Sites

780 Hammond Place E, Traverse City, MI 49684

$350,000

13.40 AC lot

Waterfront acreage with multiple lake-view building sites and year-round fishing appeal in Northern Michigan.

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Waterfront Residential Building Lot

186 S Long Lake Road, Traverse City, MI 49685

$799,900

0.30 AC lot

0.30-acre lot with private lake frontage, sandy bottom, and existing cabin, driveway, and power.

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Ready-to-Build Waterfront Multi-Family Lot

10660 / 10662 Old Morgan Trail, Traverse City, MI 49684

$249,000

0.14 AC lot

Multi-family waterfront lot with water views and utilities available at the road in a Planned Unit Development.

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Waterfront Residential Land Parcel

9006 Peninsula Dr, Traverse City, MI 49686

$1,150,000

1.62 AC lot

Waterfront land with 218 feet of private West Grand Traverse Bay shoreline and 1.62 acres on Old Mission Peninsula.

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Wooded Recreation Land with Seasonal Pond

20047 Davis Lake Road, Traverse City, MI 49684

$159,900

7.74 AC lot

Wooded acreage with a private seasonal pond and direct access to nearby state land for outdoor and retreat use.

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Waterfront Land with Lake Frontage

Traverse City, MI 49696

$425,000

Waterfront parcel with a paved driveway, electricity, natural gas, and an approved perk test.

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Long Lake Waterfront Property

Traverse City, MI 49685

$799,900

0.30 AC lot

Waterfront property with 66 feet of private frontage.

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Vacant Lot/Land, Traverse City, MI

206-210 S Cedar Street, Traverse City, MI 49684

$750,000

0.67 AC lot

Residential land & home lots · 0.67 Acres

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Vacant Lot/Land, Traverse City, MI

14890 Mallard Drive lot: 13, Traverse City, MI 49686

$194,900

1.29 AC lot

Residential land & home lots · 1.29 Acres

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Waterfront Land Parcel

Traverse City, MI 49686

$3,500,000

5.00 AC lot

Build on a raised knoll with extensive private shoreline and uninterrupted water views.

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LAND - TRAVERSE CITY, MI

PARCEL 8B SALON ROAD, Traverse City, MI 49686

$750,000

Waterfront Land

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LAND - TRAVERSE CITY, MI

PARCEL 1 YELLOW BIRCH LANE, Traverse City, MI 49686

$1,500,000

Waterfront Land

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Wooded Waterfront Peninsula Homesite

Traverse City, MI 49686

$325,000

2.00 AC lot

More than two-acre wooded homesite with East Grand Traverse Bay views on Old Mission Peninsula.

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LAND - TRAVERSE CITY, MI

PARCEL 3 YELLOW BIRCH LANE, Traverse City, MI 49686

$1,500,000

Waterfront Land

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Waterfront Land Parcel

Traverse City, MI 49686

$179,950

0.42 AC lot

Waterfront land parcel on Old Mission Peninsula near Grand Traverse Bay, offering minutes-to-town access.

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LAND - TRAVERSE CITY, MI

1675 LODGE POLE COURT, Traverse City, MI 49686

$750,000

Waterfront Land

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Waterfront Lakefront Land Parcel

3 Woodland Trail, Traverse City, MI 49684

$480,000

6.00 AC lot

Secluded wooded waterfront lot with direct lake access and a private ingress/egress road easement.

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LAND - TRAVERSE CITY, MI

PARCEL 4 YELLOW BIRCH LANE, Traverse City, MI 49686

$1,250,000

Waterfront Land

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Waterfront Land Parcel

Traverse City, MI 49684

$480,000

6.00 AC lot

Secluded lakefront land with a forested slope to Pikes Lake and private road access via a 66-foot ingress/egress easement.

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LAND - TRAVERSE CITY, MI

PARCEL 2 YELLOW BIRCH LANE, Traverse City, MI 49686

$1,500,000

Waterfront Land

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Traverse City, MI Waterfront Land Market Trends and Statistics

Explore 76 waterfront land for sale in Traverse City, MI, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 7,989,340 square feet of properties for sale, with an estimated market value of $70,486,950.

Sale prices for water rights properties in Traverse City, MI start at $59,000, averaging $952,526, and reaching up to $12,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 78K

Population Growth (5Y) -35.5%

Median Household Income $78,889

College Educated 59.4%

High-Yield Neighborhoods for Investment

Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49696	$242.5K
49685	$650K
49686	$776.9K
49684	$921.3K

Taxes & Financing

Tax Rate (average for all types) 4.34%

Property Tax per SF $71.64 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grand Traverse County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Grand Traverse County

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Traverse City, MI Waterfront Land for Sale

14750 Mallard Drive, Traverse City, MI 49686

520 & 530 WELLINGTON STREET, Traverse City, MI 49686

136 N E Bay Boulevard, Traverse City, MI 49686

186 N South Long Lake Rd, Traverse City, MI 49685

780 Hammond Place E, Traverse City, MI 49684

186 S Long Lake Road, Traverse City, MI 49685

10660 / 10662 Old Morgan Trail, Traverse City, MI 49684

9006 Peninsula Dr, Traverse City, MI 49686

20047 Davis Lake Road, Traverse City, MI 49684