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    Elk Rapids, MI Residential Land & Home Lots for Sale

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    Kewadin, MI Traverse City, MI Rapid City, MI
    8 results
    Buildable Lot in Elk Rapids
    $149,900
    0.50 Acres

    Buildable Lot in Elk Rapids

    142 Charles Street, Elk Rapids, MI 49629

    Vacant land in Elk Rapids, close to amenities.

    • Buildable lot in the desirable Village of Elk Rapids
    • Walking distance to schools, church, and shopping
    • Municipal water and sewer available
    • Electric and gas available
    • Large lot suitable for various home designs
    Updated: Mar 3
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    Elk Rapids Vacant Land Opportunity
    $199,900
    0.24 Acres

    Elk Rapids Vacant Land Opportunity

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    • Oversized vacant lots in Elk Rapids' newest development.
    • Underground electric and municipal water/sewer available.
    • Close proximity to the Art Park.
    • Enjoy walking/biking distance to beaches and restaurants.
    • Desirable Elk Rapids Schools.
    Updated: May 7, 2024
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    Vacant Land in Elk Rapids
    $199,900
    0.22 Acres

    Vacant Land in Elk Rapids

    Oversized vacant lots in Elk Rapids, close to amenities.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Elk Rapids Vacant Land
    $199,900
    0.34 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Elk Rapids Vacant Land
    $199,900
    0.21 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Elk Rapids Vacant Land
    $199,900
    0.25 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Elk Rapids Vacant Land
    $199,900
    0.23 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Elk Rapids Vacant Land
    $199,900
    0.26 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Elk Rapids, 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.

    Torch Lake Frontage Land Parcel
    $1,300,000
    0.98 Acres

    Torch Lake Frontage Land Parcel

    0.9-acre lot with 110 feet of private Torch Lake frontage.

    9263 Charlie Lane, Alden, MI 49612
    View details
    10 Acres in Acme Township
    $140,000
    10.00 Acres

    10 Acres in Acme Township

    Secluded 10-acre wooded property near Traverse City.

    00 Bunker Hill Road, Williamsburg, MI 49690
    View details
    Wooded Land with Creek Frontage
    $115,000
    6.06 Acres

    Wooded Land with Creek Frontage

    Stunning 6.06 acre wooded parcel with Battle Creek frontage.

    0 Latham Court, Williamsburg, MI 49690
    View details
    Residential Land in Alden Meadows
    $85,900
    2.09 Acres

    Residential Land in Alden Meadows

    Vacant land in Alden, MI, near Torch Lake.

    Lot 27 Alden Meadows, Alden, MI 49612
    View details

    Elk Rapids, MI Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 8 residential land & home lots for sale in Elk Rapids, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,549,200.

    Sale prices for home sites in Elk Rapids, MI start at $149,900, averaging $193,650, and reaching up to $199,900 — 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

    Residential land & home lots 8

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    High-Yield Neighborhoods for Strategic Investment

    Identify Elk Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49629 $193.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $21.92 per sq ft
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

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