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    Traverse City, MI Residential Land & Home Lots for Sale

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    Found 186 residential land & home lot listings for sale in Traverse City, MI, averaging $70,395/acre. Use valuation data to compare deals faster.
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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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    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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    Private Rolling Land Parcel
    Private Rolling Land Parcel

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

    $249,000
    4.42 AC lot

    4.42-acre parcel with mature trees, multiple build sites, and a well already installed for a private residence.

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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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    Commercial, Traverse City, MI
    Commercial, Traverse City, MI

    2624 Hartman Road, Traverse City, MI 49685

    $740,000
    900 sqft 5.00 AC lot

    Residential land & home lots · 900 SF

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    Traverse City Buildable Vacant Land
    Traverse City Buildable Vacant Land

    615 Grant Street, Traverse City, MI 49686

    $125,000
    0.13 AC lot

    Vacant lot near downtown Traverse City with building options.

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    Traverse City Buildable Vacant Land
    Traverse City Buildable Vacant Land

    615 Grant Street, Traverse City, MI 49686

    $175,000
    0.13 AC lot

    Vacant lot near downtown Traverse City with building options.

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    Residential Building Lot
    Residential Building Lot

    57 Porsche Dr, Traverse City, MI 49685

    $100,000
    1.00 AC lot

    1+ acre lots with natural gas, underground electric, and high-speed internet, plus room for up to 1,200 sq. ft. outbuildings.

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    Secluded Wooded Acreage Near Traverse
    Secluded Wooded Acreage Near Traverse

    S Cottonwood Drive, Traverse City, MI 49684

    $399,000
    13.44 AC lot

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

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    Residential Lot in Traverse City
    Residential Lot in Traverse City

    213 E Fifteenth Street, Traverse City, MI 49684

    $199,000
    0.19 AC lot

    Vacant lot perfect for building a dream home.

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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

    Dunn Drive, Traverse City, MI 49686

    $995,000
    0.57 AC lot

    Waterfront Land · 0.57 Acres

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

    3024 E Traverse Highway, Traverse City, MI 49684

    $1,179,000
    75.51 AC lot

    Land · 75.51 Acres

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    Buildable Lot in Peninsula Knolls
    Buildable Lot in Peninsula Knolls

    Traverse City, MI 49686

    $349,000
    1.19 AC lot

    1.19-acre wooded parcel near Traverse City and Old Mission.

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    South Creek Wooded Homesite Opportunity
    South Creek Wooded Homesite Opportunity

    1208 S Ridge Court, Traverse City, MI 49696

    $79,500
    1.90 AC lot

    Nearly 2-acre wooded homesite in a desirable Traverse City neighborhood.

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

    4836 Arbor Latch, Traverse City, MI 49685

    $125,000
    1.00 AC lot

    Residential land & home lots · 1.00 Acre

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    Wooded Acreage Building Site
    Wooded Acreage Building Site

    00 S Cottonwood Dr, Traverse City, MI 49684

    $399,000
    13.44 AC lot

    Private wooded land with an established building site and underground electric, plus optional Lake Leelanau club access.

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

    Incochee Woods Drive, Traverse City, MI 49684

    $199,000
    0.37 AC lot

    Land · 0.37 Acres

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    Residential Lot Near Downtown
    Residential Lot Near Downtown

    213 E Fifteenth Street, Traverse City, MI 49684

    $209,000
    0.19 AC lot

    Rare opportunity to build your dream home near downtown.

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

    Ridgewater Run lot: 20, Traverse City, MI 49685

    $110,000
    1.17 AC lot

    Land · 1.17 Acres

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    Residential Land with Development Potential
    Residential Land with Development Potential

    2624 Hartman Road, Traverse City, MI 49685

    $740,000

    Land in Garfield Township with potential for apartment development.

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

    Ridgewater Run lot: 25, Traverse City, MI 49685

    $100,000
    1.00 AC lot

    Land · 1.00 Acre

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    Traverse City Land Opportunity
    Traverse City Land Opportunity

    13785 S Celestial Rdg, Traverse City, MI 49684

    $349,000
    0.15 AC lot

    Land for sale in Traverse City's newest neighborhood.

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

    Ridgewater Run lot: 28, Traverse City, MI 49685

    $100,000
    1.00 AC lot

    Land · 1.00 Acre

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

    Explore 186 residential land & home lots for sale in Traverse City, MI, showcased through 186 active listings on our real estate platform. These investment opportunities span a total of 16,811,982 square feet of properties for sale, with an estimated market value of $61,053,590.

    Sale prices for home sites in Traverse City, MI start at $39,900, averaging $333,626, 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 104
    Commercial land 48
    Waterfront Land 37
    Industrial land 18
    Agricultural land / Farmland 15

    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 $127.4K
    49696 $256.4K
    49684 $422.5K
    49686 $694.7K

    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)

    How Realmo verifies these figures

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    Popular Searches in Traverse City, MI

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    Most Searched ZIP Codes in Traverse City, MI

    • 49685
    • 49684
    • 49686
    • 49696

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Wentworth Real Estate Group
    300 Front St. Traverse City, MI 49684
    Phone: (231) 735-3435
    https:www.johnwentworthgroup.com
    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: (231) 941-5600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: (231) 947-8200
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