Waterfront

Traverse City, MI Waterfront Land for Sale

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Waterfront Residential Building Lot
Updated: May 15
Waterfront Residential Building Lot

186 S Long Lake Road, Traverse City, MI 49685

$850,000
0.30 AC lot
Long Lake property with 66 ft of private frontage on the south end of the lake
0.30‑acre lot with a gentle slope toward the water
Sandy bottom frontage
Existing cabin and driveway already in place
Power to the property is available
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Waterfront Land with Multiple Building Sites
Updated: May 29
Waterfront Land with Multiple Building Sites

780 Hammond Place E, Traverse City, MI 49684

$350,000
13.40 AC lot
13.4‑acre property with a private pond/lake feature
Multiple building sites with water views
Countryside views
Reported year‑round fishing from the private lake/pond
Sale is subject to final survey and township approval
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Waterfront Residential Land Lot
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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Ready-to-Build Multi-Family Waterfront Lot
Ready-to-Build Multi-Family Waterfront Lot

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

$249,000
0.14 AC lot

Multi-family lot with water views in a Planned Unit Development, with utilities available at the road for streamlined development.

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Cherry Farm Acreage
Cherry Farm Acreage

12586 Center Drive, Traverse City, MI 49686

$3,999,000
56.30 AC lot

A 56.3-acre cherry farm with ridge-top elevation and expansive bay views, plus additional vacant acreage.

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Waterfront Residential Land
Waterfront Residential Land

7608 Peninsula Road, Traverse City, MI 49686

$1,000,000
0.75 AC lot

Wooded waterfront parcel with approximately 100 feet of private beachfront on West Bay for a custom home site.

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Waterfront Development Parcel on West Bay
Waterfront Development Parcel on West Bay

Traverse City, MI 49684

$1,800,000
12.01 AC lot

12.01 acre waterfront parcel with development potential.

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Long Lake Waterfront Property
Long Lake Waterfront Property

Traverse City, MI 49685

$850,000
0.30 AC lot

Waterfront property with 66 feet of private frontage.

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Waterfront Land Parcel
Waterfront Land Parcel

7608 Peninsula Dr, Traverse City, MI 49686

$1,000,000

Undeveloped waterfront land with a sloping wooded setting and 100 feet of private beachfront for a custom build.

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Zoned Regional Business Waterfront Land
Zoned Regional Business Waterfront Land

Traverse City, MI 49686

$499,000
1,000 sqft

Waterfront-facing land with two existing cabins and regional business zoning for offices, retail, or rentals.

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Old Mission Waterfront Land Parcel
Old Mission Waterfront Land Parcel

Traverse City, MI 49686

$3,300,000
5.00 AC lot

Exceptional 5-acre waterfront parcel on Old Mission Peninsula.

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Waterfront Buildable Land
Waterfront Buildable Land

6785 Fouch Road, Traverse City, MI 49684

$250,000
2.69 AC lot

Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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Waterfront Land with Shared Frontage
Waterfront Land with Shared Frontage

Timberlee Drive, Traverse City, MI 49684

$2,900,000
100.18 AC lot

Large waterfront parcel with multiple potential building sites and shared Lake Leelanau frontage.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 13 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Land Parcel
Waterfront Land Parcel

2 Mud Lake Road, Interlochen, MI 49643

$124,900
8.48 AC lot

Build-ready acreage for a lakes-area home, with corner access and nearby lake and trail recreation.

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Waterfront Land Acreage Parcel
Waterfront Land Acreage Parcel

1 Mud Lake Road, Interlochen, MI 49643

$114,900
5.56 AC lot

Build-ready acreage near multiple lakes and outdoor recreation areas, offered as a corner parcel in Interlochen.

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Residential Waterfront Corner Land
Residential Waterfront Corner Land

4125 White Birch Drive, Grawn, MI 49637

$55,000
0.79 AC lot

A double corner, naturally wooded residential lot with shared water frontage just across the street.

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Waterfront Recreational Land Parcel
Waterfront Recreational Land Parcel

Grawn, MI 49637

$55,000

Double corner lot with natural woods and an unobstructed water view, plus shared docks and waterfront parks across the street.

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Traverse City, MI Waterfront Land Market Trends and Statistics

Explore 13 waterfront land for sale in Traverse City, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 1,000 square feet of properties for sale, with an estimated market value of $499,000.

Sale prices for water rights properties in Traverse City, MI start at $499,000, averaging $499,000, and reaching up to $499,000 — 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

Residential land & home lots 63
Commercial land 46
Waterfront Land 13
Agricultural land / Farmland 12
Industrial land 7

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
49685 $850K
49684 $1.8M
49686 $1.9M

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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