S Garfield Road $12,000,000

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    S Garfield Road Traverse City, MI 49686

    • 358.34 Acres
    • Vacant Lot/Land
    MLS# 1842864 | Active

    $12,000,000

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    Days On Market: 335 187 Views
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    Property Details

    Incredible opportunity for premium property w/over 11,000' 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 and several small acreage lots are packaged together in this offering for 358+ acres. Ideal for developer or builder looking to offer upscale home packages in private wooded locations w/waterfront OR large single estate. 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.

    • General Features
      • Manufactured Allowed No
      • Mineral Rights No
      • Private Shared Private
      • Township East Bay
      • Town T 27N
      • Type of Ownership Private Owner
      • Type Vacant Lot/Land
    • Building Features
      • Commercial Y N NO
    • Property Features
      • Environmental Features None
      • Land Features Level, Rolling, Sloping, Some LowLand Areas, Hardwoods, Cleared, Wooded, Evergreens
      • Lot Dimensions irregular
      • Lake Size 395 acres
      • Exterior Features Countryside View, None
      • Development Amenities None
      • Utilities Available Electric, Telephone, Cable TV, Cable Internet, DSL
      • Road Public Maintained, Gravel, Blacktop, Cul-de-Sac
      • Water Installed None
      • Water Features Priv Frontage (Wtr Side), Inland Lake, All Sports, Sandy Bottom, Vegetation to Water Edge, Public Lake, Sandy Shoreline
      • Water Available Private Well
      • Number of Acres 358.34
      • Waste Available Private Septic
      • Waste Installed None
      • Water Front Footage 11197
      • Body of Water Arbutus Lake
    • Schools
      • School District Traverse City Area Public School

    Contact

    Don Fedrigon

    Broker/Owner

    RE/MAX of Elk Rapids

    Cell: 231-218-8400

    Neighborhood

    49686 (Traverse City) Demographics

    44Median Age
    272Population Density (per sq. mile)
    49%College Educated
    $58,389Estimated Median Income
    9,960Estimated Total Home Owners
    3,551Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    32,747Total Population

    Market Last 30 Days

    $198,000 Median Sales Price
    9 Homes Sold
    19 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $12,000,000
        2/20/2018 3:30:00 PM New in Database Source

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.