55 S Hope Ridge, Traverse City, MI 49696
55 S Hope Ridge, Traverse City, MI 49696
55 S Hope Ridge, Traverse City, MI 49696
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Listed by  REMAX Bayshore - Union St TC
$3,500,000
Est. payment /mo
11 Baths
15,383 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active U/C Taking Backups

Purchase Type For Sale

Square Footage 15,383 sqft

Price per Sqft $227

MLS Listing ID 1944464

Style Other,Ranch

Year Built 1989

Lot Size 40.390 Acres

Acres 40.39

Property Sub-Type Multi Family

Property Description

Just 8 minutes from downtown Traverse City, this exceptional 40-acre property offers endless potential. With 8 homes totaling over 16,000 square feet and 4 large barns, it's ideal for a variety of ventures—think destination wedding venue, retreat center, boutique resort, private school, or family compound. Capacity to hold over 80 guests! The blend of open fields, wooded privacy, and close proximity to town creates a one-of-a-kind setting for residential, commercial, or creative redevelopment opportunities.

Location

State MI

Rooms

Basement Full, Walk-Out Access, Crawl Space

Interior

Interior Features Cathedral Ceiling(s), Walk-In Closet(s), Kitchen Island, Pantry, Entrance Foyer, Workshop, Solid Surface Counters, Other, Cable TV, High Speed Internet, WiFi

Heating Forced Air, Fireplace(s), Natural Gas

Flooring Hardwood

Fireplace true

Appliance Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Other

Exterior

Community Features None

Waterfront Description Shared Well

Roof Type Asphalt,Other

Garage false

Building

Story One and One Half

Foundation Slab

Sewer Shared Septic

Water Shared Well

Architectural Style Other, Ranch


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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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