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Traverse City, MI Resorts for Sale

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Cedar, MI Williamsburg, MI Acme, MI Grawn, MI Suttons Bay, MI Interlochen, MI Maple City, MI Kingsley, MI
Four-Season Riverfront Resort
Updated: Sep 15, 2025
Four-Season Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000
10,404 sqft 40.00 AC lot
40‑acre resort with 15 motel units and a private house
Full‑service restaurant seats 147 guests and includes a liquor license
1,300 feet of private frontage on the Boardman River
25 campsites with restroom and shower buildings
55‑person meeting room and pavilion/game room for 113 people
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Wedding Venue Property with Barns
Updated: Apr 27
Wedding Venue Property with Barns

55 S Hope Ridge, Traverse City, MI 49696

$3,500,000
16,208 sqft 40.76 AC lot
40.76‑acre property approximately 8 minutes from downtown Traverse City
8 homes totaling 16,208 square feet
4 large barns included
Capacity to hold over 60 guests
Mix of open fields and wooded areas
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Furnished Rental Resort Property
Furnished Rental Resort Property

2960 Arbutus Hill Road, Traverse City, MI 49696

$3,800,000
36.50 AC lot

Resort property with furnished accommodations, a main residence, and direct Garfield Road frontage on 36.5 acres.

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See what stands out in Grand Traverse County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Furnished Resort Rental Property
Furnished Resort Rental Property

2960 Arbutus Hill Road, Traverse City, MI 49696

$3,800,000
36.00 AC lot

Resort property with 19 fully furnished 1–2–3 bedroom rental units plus a four-bedroom main residence on 36+ acres.

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Multifamily Property with Barns
Multifamily Property with Barns

Traverse City, MI 49696

$3,500,000
6,901 sqft 40.00 AC lot

Eight homes and four large barns occupy a private acreage setting near Traverse City.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Cottage Resort Near Bay
Cottage Resort Near Bay

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000
4,000 sqft 5.88 AC lot

Restored cottage accommodations with shared outdoor gathering areas and public beach access across the street.

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Restored Cottage Court Resort
Restored Cottage Court Resort

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000
4,000 sqft 5.88 AC lot

Waterfront-area hospitality property with individually renovated cottages, shared guest amenities, and an on-site owners’ residence.

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Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

11481 Main St, Honor, MI 49640

$750,000
3,715 sqft 10.00 AC lot

Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan

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8-Unit Cabin Resort
8-Unit Cabin Resort

11481 Main Street, Honor, MI 49640

$750,000
3,715 sqft 4.98 AC lot

Wood-frame hospitality property with studio and one-bedroom accommodations, private decks, and direct access to the Platte River.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Resort Homesite Land Parcel
Wooded Resort Homesite Land Parcel

207 Shadow Glen, Bellaire, MI 49615

Contact for pricing
0.75 AC lot

Build a private home on a wooded homesite with a perk test on file and key utilities available.

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Traverse City, MI Resorts Market Trends and Statistics

Explore 5 resorts for sale in Traverse City, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 33,513 square feet of properties for sale, with an estimated market value of $18,100,000.

Sale prices for resorts in Traverse City, MI start at $3,500,000, averaging $3,620,000, and reaching up to $3,800,000 — 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

Hotels 5
Resorts 5
Bed & breakfasts 2
Motels 2
Campgrounds 1

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
49696 $3.6M

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

Retail

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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