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125 S Cedar Street

Traverse City, Michigan 49684
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Bed 3

Bed

Bath 1.5

Bath

SqFt3,055

Sqft

Acres1.19

Acres(Lot)

Rare 1.19-Acre Development Opportunity in Traverse Citys Slabtown Neighborhood A truly unique opportunity in one of Traverse Citys most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning and existing is exceptionally difficult to find in the city. The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above and a separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad. R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running alon g the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City. The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.

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Detail Ic Property Details

Property Type : Residential

Price : $1,250,000

AD Id : 91207027

MLS Id : 78080073474

Beds : 3

Lot Size : 1.19 Acres

Living Area Size : 3,055 Sq. Ft

Year Built : 1900

Garage : 3 Car

County : Grand Traverse

Subdivision: Ridgewood Estates

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 1.5 Full Baths: 1 Half Baths: 1
  • Room Information

    Total Rooms: 13 Porches: Patio,Porch

    Interior Features

    Other
  • Heating & Cooling

    Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1900 Building Stories: 1 1/2 Story Foundation/Basement: Michigan Basement
  • Exterior Features

    Construction: Vinyl
  • Utility Features

    Sewer: Shared Septic (Common)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 1.19 Lot Dimensions: 108 x 234 x irreg Lot Features: Wooded,Hilly-Ravine Waterfront Description: Creek,Water Front
  • Property Information

    SQ ft: 3055 Subdivision: Hannah Lay & Co 9th add Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $1,250,000
  • Listing Information

    Possession: Negotiable Legal Description: See attached survey

  • Tax Information

    Parcel Number: 285165000811
  • Possession

    Negotiable
  • Legal Information

    Legal Description: Section: See attached survey

  • Parking Information

    Has Garage: Yes Garage Size: 3 Car Garage Description: Carport,Door Opener,Attached,Detached

  • School Information

    School District: Traverse City
  • Fire Place Information

    Fire Place Type: Gas,Wood Stove
  • Utility Information

    Water: Public (Municipal) Sewer: Shared Septic (Common)
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204 E Eighth Street , Traverse City, MI, 49684 $399,000 4 1.5 1,490 0.14 Acre
9390 E Summerfield Drive , Traverse City, MI, 49684 $799,900 3 2.5 1,788 0.52 Acre
10581 E Grandview Road , Traverse City, MI, 49684 $424,900 3 1.5 1,497 1.12 Acres
11111 S W Bayshore Drive , Traverse City, MI, 49684 $1,195,000 3 1 1,360 0.21 Acre
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 09/15/2026 @ 14:30

MLS: 78080073474 LISTED BY: Shelly Brunette , REO-TCRandolph-233022 231-946-4040 SOURCE: Realcomp II Ltd

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