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E Carter Road

Traverse City, Michigan 49684
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Acres42.12

Acres(Lot)

Discover an exceptional development opportunity nestled in the picturesque Morgan Farms! This prime 42-acre parcel offers convenient dual access from both M-72 and E Carter Rd, making it easily accessible from multiple directions. The Phase II Hilltop residential development has been thoughtfully designed with 66 pre-approved lots specifically zoned for single family homes. This remarkable property showcases breathtaking panoramic views of both the vibrant downtown skyline and the sparkling waters of West Grand Traverse Bay, making it one of the last remaining large-scale development parcels in this highly desirable area. The terrain features gently rolling, elevated topography with excellent natural drainage, adorned with mature maple trees and stately red pines creating an idyllic settin g. Current development progress includes ongoing road construction and clearing operations, completed engineering work, and submitted permit applications awaiting approval. Residents will enjoy the perfect balance of peaceful countryside living while remaining incredibly accessible to downtown Traverse City - just a pleasant walk/bike ride or quick 5-minute drive away. The city center offers outstanding shopping, diverse dining options, entertainment venues, quality schools, comprehensive medical facilities, and engaging seasonal events. The property comes complete with full modern infrastructure including city water/sewer connections, electrical service, natural gas lines, and cable/internet capabilities.

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Detail Ic Property Details

Property Type : Vacant Land

Price : $2,500,000

AD Id : 74771997

MLS Id : 78080065064

Lot Size : 42.12 Acres(Lot)

County : Leelanau

Subdivision: Green Ave Add

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Feature Features

  • Utility Features

    Sewer: Other/None
  • Water

    None

  • Lot Information

    Lot Size: 42.12 Lot Dimensions: see docs Lot Features: Water View,Wooded,Hilly-Ravine
  • Property Information

    Subdivision: Morgan Farms Phase II Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $2,500,000
  • Listing Information

    Possession: At Close Legal Description: see assoc docs

  • Tax Information

    Parcel Number: 455135000102
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: see assoc docs

  • School Information

    School District: Traverse City
  • Utility Information

    Water: None Sewer: Other/None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
780 E Hammond Place E , Traverse City, MI, 49684 $350,000 -- -- -- 13.40 Acres(Lot)
1448-1456 Trade Centre .., Traverse City, MI, 49684 $489,500 -- -- -- 0.70 Acre(Lot)
1448-1456 Trade Centre .., Traverse City, MI, 49684 $250,000 -- -- -- 0.37 Acre(Lot)
1448-1456 Trade Centre .., Traverse City, MI, 49684 $250,000 -- -- -- 0.20 Acre(Lot)
1434-1442 Trade Centre .., Traverse City, MI, 49684 $250,000 -- -- -- 0.30 Acre(Lot)
1573 Edgewater Ridge , Traverse City, MI, 49684 $459,000 -- -- -- 0.24 Acre(Lot)
1565 Edgewater Ridge , Traverse City, MI, 49684 $458,000 -- -- -- 0.23 Acre(Lot)
1360 Lake Ridge Drive , Traverse City, MI, 49684 $340,000 -- -- -- 0.14 Acre(Lot)
9277 E Summerfield Drive , Traverse City, MI, 49684 $69,500 -- -- -- 0.66 Acre(Lot)
13770 S Celestial Ridge , Traverse City, MI, 49684 $159,000 -- -- -- 0.25 Acre(Lot)
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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 06/10/2026 @ 23:36

MLS: 78080065064 LISTED BY: Mark D Hagan , Coldwell Banker Schmidt Traver 231-922-2350 SOURCE: Realcomp II Ltd

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