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E Carter Rd
Traverse City, MI 49684
Morgan Farms, Phase II · Land For Sale
·
42.00 AC


Investment Highlights
- Situated in a highly desirable area with easy access to major highways and local amenities.
- Offers a generous amount of space, perfect for accommodating various business or residential needs.
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Planned Unit Development |
| Property Type | Land | Total Lot Size | 42.00 AC |
| Zoning | PUD - Planned Unit Development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Planned Unit Development |
| Total Lot Size | 42.00 AC |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot
| Price | $3,475,675 CAD | Lot Size | 42.00 AC |
| Price Per AC | $82,754.17 CAD |
| Price | $3,475,675 CAD |
| Price Per AC | $82,754.17 CAD |
| Lot Size | 42.00 AC |
Description
Fantastic turn-key development opportunity on the rolling slopes of Morgan Farms! 42 acres available with access to both M-72 and E Carter Rd. 66 single family home lots have been preapproved in a Phase II Hilltop residential development. This truly unique property boasts fabulous views of both the city skyline and West Grand Traverse Bay in one of the last available tracts of land of this scale in the area. This location has mostly high and dry land populated by mature maples and red pines. New road construction and tree clearing already underway, all engineering complete, and remaining permits applied for. Enjoy the rural setting while being within biking/walking or five-minute drive of downtown Traverse City with terrific shopping/dining/entertainment, schools, hospital, and year-round festivals. Available utilities include municipal water/sewer, electric, natural gas, and cable.
Property Taxes
| Parcel Number | 051-350-001-02 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $756,646 CAD |
