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Listed by REMAX Bayshore - West Shore Dr TC
$4,900,000
Est. payment /mo
1,780 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $2,752
MLS Listing ID 1941133
Year Built 2023
Lot Size 9.000 Acres
Acres 9.0
Property Sub-Type Mixed Use
Property Description
This 9-acre parcel is part of the renowned KOTI resort community and is available as a standalone opportunity for investors seeking multifamily, mixed-use, or condo-resort development potential. The property is preliminarily site-planned for up to 146 units, offering flexibility for townhomes, apartments, or condominiums. All necessary zoning and infrastructure are already in place, including interior roadways, MDOT-approved access points, and direct connectivity to the scenic TART Trail. Positioned just a quarter mile from the East Arm of sparkling Grand Traverse Bay and only minutes from downtown Traverse City, the site is perfectly situated for personal getaway use or as a highly desirable, full-season lifestyle destination. Surrounded by premier regional attractions such as the Grand Traverse Resort and Spa, Turtle Creek Hotel & Casino, Flintfields Horse Park, and five world-class golf courses, this location offers year-round appeal for residents and visitors alike. An opportunity of this caliber is rare. For those looking to create or expand within one of northern Michigan's most sought-after vacation corridors, this property is ready for its next chapter.
Location
State MI
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Public
Roof Type Metal,Other
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456