Traverse City, MI
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    Traverse City, MI Residential Land & Home Lots for Sale

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    Cedar, MI Williamsburg, MI Acme, MI
    59 listings
    Traverse City Land Opportunity
    $740,000
    900 SF
    Traverse City Land Opportunity

    2624 Hartman Road, Traverse City, MI 49685

    Land with R-3 zoning near Traverse City.
    • Rezoned to R‑3, allowing for potential development of 20‑24 apartment units.
    • Opportunity for further expansion on remaining acreage with probable special use permitting.
    • Located in Garfield Township, offering convenient access to Traverse City amenities.
    • Municipal water and sewer are nearby, presenting future connection possibilities.
    • Existing well and septic systems are already installed on the property.
    Updated: Jan 27
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    Long Lake Waterfront Land
    $850,000
    0.30 Acres
    Long Lake Waterfront Land

    186 S Long Lake Road, Traverse City, MI 49685

    Vacant land with frontage on Long Lake, Traverse City.
    • 66 feet of private frontage on highly desirable Long Lake.
    • .30 acre lot with gentle slope to water and sandy bottom frontage.
    • Excellent potential for future home with walkout lower level.
    • Existing cabin, driveway, and power already in place.
    • All‑sports Long Lake offers boating, swimming, and year‑round recreation.
    Updated: May 15
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    Traverse City Vacant Multi-Family Lot
    $740,000
    5.25 Acres
    Traverse City Vacant Multi-Family Lot

    5.25 acre lot rezoned for multi-family development.

    2624 Hartman Road, Traverse City, MI 49685

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    Waterfront Residential Land Parcel
    $325,000
    2.16 Acres
    Waterfront Residential Land Parcel

    Wooded residential parcel on Old Mission Peninsula with waterfront views for building a custom home.

    00 Center Road, Traverse City, MI 49686

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    Leelanau County Vacant Land Opportunity
    $249,000
    4.42 Acres
    Leelanau County Vacant Land Opportunity

    4+ acres in Leelanau County with well and build sites.

    Lots 1 & 3 E Bingham Valley Drive, Traverse City, MI 49684

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    Improved Vacant Land Near Traverse
    $131,000
    1.16 Acres
    Improved Vacant Land Near Traverse

    1+ acre lot with trailer, well, and septic system.

    241 N Three Mile Road, Traverse City, MI 49696

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    Open Residential Land Lot
    $225,000
    8.09 Acres
    Open Residential Land Lot

    Over eight acres of open, rolling land suited for residential development with convenient access to local amenities.

    High Lake Road, Traverse City, MI 49696

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    Vacant Residential Building Lot
    $109,000
    3.73 Acres
    Vacant Residential Building Lot

    Build a private Up North retreat on a vacant parcel in a peaceful setting near Traverse City.

    1436 Vanderlip Road, Traverse City, MI 49686

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    Traverse City Buildable Vacant Land
    $125,000
    0.13 Acres
    Traverse City Buildable Vacant Land

    Vacant lot near downtown Traverse City with building options.

    615 Grant Street, Traverse City, MI 49686

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    Traverse City Buildable Vacant Land
    $175,000
    0.13 Acres
    Traverse City Buildable Vacant Land

    Vacant lot near downtown Traverse City with building options.

    615 Grant Street, Traverse City, MI 49686

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    Secluded Wooded Acreage Near Traverse
    $399,000
    13.44 Acres
    Secluded Wooded Acreage Near Traverse

    13.44-acre wooded parcel near Lake Leelanau and Traverse City.

    00 S Cottonwood Drive, Traverse City, MI 49684

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    Traverse City Vacant Land Available
    $119,000
    1,200 SF
    Traverse City Vacant Land Available

    1+ acre building site ready for your dream home.

    244 Porch Street, Traverse City, MI 49696

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    Traverse City Vacant Land Opportunity
    $149,900
    0.85 Acres
    Traverse City Vacant Land Opportunity

    Land with high traffic, suitable for office or residential development.

    1202 N US-31, Traverse City, MI 49685

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    Corner Lot Near Lake Leelanau
    $49,000
    0.87 Acres
    Corner Lot Near Lake Leelanau

    0.87-acre corner lot with residential and commercial zoning.

    S Whispering Hills Drive, Traverse City, MI 49684

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    Residential Land in Traverse City
    $117,900
    0.85 Acres
    Residential Land in Traverse City

    Vacant land with quick access to town and amenities.

    865 Wind Drift Drive, Traverse City, MI 49684

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    Vacant Land in Traverse City
    $107,900
    0.93 Acres
    Vacant Land in Traverse City

    Residential land with quick access to town, beaches, and parks.

    843 Wind Drift Drive, Traverse City, MI 49684

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    10-Acre Wooded Parcel Near Lake
    $150,000
    10.01 Acres
    10-Acre Wooded Parcel Near Lake

    Private wooded 10-acre parcel near Lake Ann, Michigan.

    0 N Reynolds Road, Traverse City, MI 49685

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    Ready-to-Build Lot with Water Views
    $249,000
    0.14 Acres
    Ready-to-Build Lot with Water Views

    Multi-family lot in Morgan Farms, close to Traverse City.

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

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    Residential Lot in Traverse City
    $209,000
    0.19 Acres
    Residential Lot in Traverse City

    Vacant lot perfect for building a dream home.

    213 E Fifteenth Street, Traverse City, MI 49684

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    Residential Land in Lavender Hills
    $100,000
    1,200 SF
    Residential Land in Lavender Hills

    1+ acre building site ready for your dream home.

    219 Porch Street, Traverse City, MI 49696

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    Residential Land in Traverse City
    $100,000
    1,200 SF
    Residential Land in Traverse City

    1+ acre building site ready for your dream home.

    29 Porch Street, Traverse City, MI 49696

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    Secluded Land Near Traverse City
    $118,000
    2.21 Acres
    Secluded Land Near Traverse City

    2.21-acre parcel near Traverse City, perfect for building a dream home.

    000 Solon Road, Traverse City, MI 49684

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    Traverse City Buildable Lot
    $225,000
    0.37 Acres
    Traverse City Buildable Lot

    Buildable lot with bay views in Incochee Woods.

    0 Incochee Woods Drive, Traverse City, MI 49684

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    Flat Building Site in Traverse
    $82,000
    0.40 Acres
    Flat Building Site in Traverse

    Open grassy corner lot in established residential neighborhood.

    0 Powder Horn Drive, Traverse City, MI 49685

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    Traverse City, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 59 residential land & home lots for sale in Traverse City, MI, showcased through 59 active listings on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $1,059,000.

    Sale prices for home sites in Traverse City, MI start at $100,000, averaging $264,750, and reaching up to $740,000 — 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 53
    Commercial land 49
    Agricultural land / Farmland 15
    Industrial land 8
    Waterfront Land 8

    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 $220.3K
    49686 $239.2K
    49696 $256.1K
    49684 $449.2K

    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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