E Carter Road, Traverse City, MI

$2,500,000

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42.12

Acres

About E Carter Road

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 setting. 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.

Features of E Carter Road

MLS® # 1941891
Price $2,500,000
Acres 42.12
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address E Carter Road
Subdivision Morgan Farms Phase II
City Traverse City
County Leelanau
State MI
Zip Code 49684

Amenities

Utilities Electricity Available
View Water, Bay View, Countryside View
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Sloped, Hardwoods, Wooded, Evergreens, Steep Slope

School Information

District Traverse City Area Public Schools

Additional Information

Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeColdwell Banker Schmidt Traver

Listing Map

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