S Garfield Road Traverse City, MI 49686
Listing Courtesy of:NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors / Mark Hagan
$7,175,000
336.67
ACRES
  S Garfield Road Traverse City, MI 49686
Pending (603 Days)

Comments

Incredible opportunity for premium property w/over 10,000' combined private frontage on beautiful Arbutus Lake. Secluded, yet accessible in any season, there is no other development in the Grand Traverse region that compares to this jewel of a location. 40 acre parcel splits & several small acreage lots are packaged together in this offering for 354 acres comprised of separate parcels. Ideal for developer or builder looking to offer upscale home packages in private wooded locations w/waterfront OR large single estates. 395 acre Arbutus Lake is a scenic, all-sports lake w/sandy shoreline/bottom surrounded by gorgeous rolling woodland, areas of sunny meadow & lots of wildlife. Frontage on four county-maintained roadways w/underground utilities. Just 6 miles to downtown Traverse City.

MLS #:
1885190
Lot Size
336.67 acres
Type
Land
Views
View
School District
Traverse City Area Public School
County
Grand Traverse County
Community
East Bay
Bathroom Details
Lot Information
  • Wooded
  • Some Lowland Areas
  • Sloping
  • Rolling
  • Level
  • Hardwoods
  • Evergreens
  • Cleared
Utility Information
  • Utilities:Telephone, Electric, Dsl, Cable Tv, Cable Internet
Location
   
Calculate drive times to this property
 

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 15, 2021
Price Changed
$7,175,000
-18%
-1,575,000
Mar 19, 2021
Original Price
$8,750,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.