Waterfront

Traverse City, MI Waterfront Land for Sale

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Private Waterfront Land Parcel
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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Wooded Waterfront Home Site
Updated: Jun 13
Wooded Waterfront Home Site

Center Road, Traverse City, MI 49686

$199,000
2.16 AC lot
More than 2 acres on Michigan’s Old Mission Peninsula
Wooded parcel with Bay View of East Grand Traverse Bay
Utilities include cable available
Located on Old Mission Peninsula with a short drive to downtown Traverse City
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Waterfront Land with Multiple Building Sites
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 Land Parcel
Waterfront Land Parcel

00000 Bluff Road, Traverse City, MI 49686

$895,000
2.50 AC lot

Vacant waterfront parcel with 200 feet of private frontage on East Grand Traverse Bay.

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Waterfront Residential Building Lot
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
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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Wooded Recreation Land with Seasonal Pond
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 Parcel
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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Waterfront Land with Lake Frontage
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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Vacant Lot/Land, Traverse City, MI
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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Wooded Waterfront Peninsula Homesite
Wooded Waterfront Peninsula Homesite

00 Center Rd, Traverse City, MI 49686

$199,000
2.00 AC lot

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

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Vacant Lot/Land, Traverse City, MI
Vacant Lot/Land, Traverse City, MI

S W Bay Shore, Traverse City, MI 49684

$324,900
0.46 AC lot

Waterfront Land · 0.46 Acres

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Vacant Lot/Land, Traverse City, MI
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 Short-Term Rental Cottages
Waterfront Short-Term Rental Cottages

4256 North Spider Lake Road, Traverse City, MI 49696

$720,000

Two furnished lakefront cottages offer flexible vacation rental, owner-use, and multigenerational living options.

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Vacant Lot/Land, Traverse City, MI
Vacant Lot/Land, Traverse City, MI

20047 Davis Lake Road, Traverse City, MI 49684

$157,000
7.74 AC lot

Residential land & home lots · 7.74 Acres

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Vacant Lot/Land, Traverse City, MI
Vacant Lot/Land, Traverse City, MI

Island View Drive, Traverse City, MI 49696

$550,000
1.62 AC lot

Waterfront Land · 1.62 Acres

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Waterfront Land Parcel
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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ACME TWP, MI
ACME TWP, MI

Traverse City, MI 49686

$875,000

Residential land & home lots

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Waterfront Land Parcel
Waterfront Land Parcel

03 Woodland Trl, Traverse City, MI 49684

$398,000
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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TRAVERSE CITY, MI
TRAVERSE CITY, MI

LOT 21 MOONRISE COURT, Traverse City, MI 49686

$460,000

Waterfront Land

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Waterfront Recreation Land with Private Lake
Waterfront Recreation Land with Private Lake

780 E Hammond Rd, Traverse City, MI 49686

$350,000
13.40 AC lot

Approximately 13.4 acres of waterfront recreation land featuring a private lake and multiple water-view building sites.

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PENINSULA TWP, MI
PENINSULA TWP, MI

Traverse City, MI 49686

$460,000

Waterfront Land

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Waterfront Lakefront Land Parcel
Waterfront Lakefront Land Parcel

3 Woodland Trail, Traverse City, MI 49684

$398,000
6.00 AC lot

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

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TRAVERSE CITY, MI
TRAVERSE CITY, MI

CROSS COUNTRY TRAIL, Traverse City, MI 49696

$425,000

Waterfront Land

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Traverse City, MI Waterfront Land Market Trends and Statistics

Explore 51 waterfront land for sale in Traverse City, MI, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 7,856,046 square feet of properties for sale, with an estimated market value of $28,639,350.

Sale prices for water rights properties in Traverse City, MI start at $79,900, averaging $572,787, and reaching up to $3,500,000 — 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 137
Commercial land 54
Waterfront Land 42
Industrial land 21
Agricultural land / Farmland 18

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 $322.1K
49696 $372.1K
49684 $554.2K
49686 $943.4K

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)

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