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    Traverse City, MI Resorts for Sale

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    Williamsburg, MI Grawn, MI Suttons Bay, MI
    Versatile Traverse City Acreage Opportunity
    $3,500,000
    16,208 SF
    Versatile Traverse City Acreage Opportunity

    55 S Hope Ridge, Traverse City, MI 49696

    40-acre property near Traverse City ideal for various ventures.
    • 40‑acre property just 8 minutes from downtown Traverse City
    • Eight homes totaling over 16,000 square feet
    • Four large barns included
    • Capacity to hold over 60 guests
    • Ideal for destination wedding venue, retreat center, boutique resort, private school, or family compound
    Updated: Apr 27
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    Traverse City 40-Acre Estate
    $3,500,000
    15,383 SF
    Traverse City 40-Acre Estate

    55 S Hope Ridge, Traverse City, MI 49696

    40-acre Traverse City property ideal for residential or commercial ventures.
    • 40‑acre property only 8 minutes from downtown Traverse City
    • Eight homes totaling over 16,000 square feet with capacity to hold over 80 guests
    • Four large barns suitable for various ventures
    • Ideal for destination wedding venue, retreat center, boutique resort, private school, or family compound
    • Blend of open fields and wooded privacy
    Updated: Apr 30
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    Four-Season Resort in Traverse City
    $3,500,000
    10,404 SF
    Four-Season Resort in Traverse City

    40-acre resort with lodging, dining, recreation, and event hosting.

    6841 Brown Bridge Road, Traverse City, MI 49696

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    Northern Michigan Resort Opportunity
    $3,800,000
    36.50 Acres
    Northern Michigan Resort Opportunity

    Own a resort near Traverse City with rental units.

    2960 Arbutus Hill Road, Traverse City, MI 49696

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Waterfront Resort & Cabins
    $1,500,000
    6,800 SF
    Waterfront Resort & Cabins

    Turnkey waterfront hospitality property with rental cabins, a larger owner home, and guest amenities on Houghton Lake.

    127 & 128 Oneida Drive, Houghton Lake, MI 48629

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    Waterfront Resort with Rental Income
    $1,500,000
    10,000 SF
    Waterfront Resort with Rental Income

    Waterfront home, RV park, and rentals on Houghton Lake.

    10360 West Shore Drive, Houghton Lake, MI 48629

    View details
    Hilltop Resort & Supper Club
    $4,200,000
    36.79 Acres
    Hilltop Resort & Supper Club

    Resort with bar, supper club, cabins, motel, and trailer/RV sites.

    10120 Parkway Rd, Crivitz, WI

    View details
    Hilltop Resort For Sale
    $4,200,000
    9,333 SF
    Hilltop Resort For Sale

    Northern Wisconsin resort with bar, supper club, and motel.

    N10120 Parkway Road , 1599000, Crivitz, WI 54114

    View details

    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.

    70 Acres Near Cadillac
    $450,000
    71.92 Acres
    70 Acres Near Cadillac

    70 acre property suitable for resort or residential development.

    0 BUSINESS US-131, Cadillac, MI 49601

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    Waterfront Building Site in Canadian Lakes
    $65,900
    0.70 Acres
    Waterfront Building Site in Canadian Lakes

    Building site in Tullymore Resort with lake frontage and amenities.

    11585 Portstewart Drive, Canadian Lakes, MI 49346

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    Lakeside Resort Property with Cabins
    $4,499,000
    52.43 Acres
    Lakeside Resort Property with Cabins

    Resort on North Long Lake with seasonal sites, daily rentals, cabins, and two dock systems for guest stays.

    20621 Hidden Paradise Road, Brainerd, MN 56401

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    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres
    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435

    View details

    Traverse City, MI Resorts Investment Opportunities Market Analysis

    Explore 4 resorts for sale in Traverse City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 25,787 square feet of properties for sale, with an estimated market value of $7,000,000.

    Sale prices for resorts in Traverse City, MI start at $3,500,000, averaging $3,500,000, 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

    Resorts 4
    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

    Office

    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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