1942 Hoosier Valley Road, Traverse City, MI

$809,000

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5

Beds

3

Baths

2,438

Square feet

5.19

Acres

About 1942 Hoosier Valley Road

Set along a quieter stretch of Hoosier Valley Road, this property currently operates as a professionally managed short-term rental, but it functions differently than most Traverse City listings. About 10 minutes outside downtown Traverse City. Close enough for restaurants, events, and waterfront access, but far enough from traffic, density, or neighboring rentals stacked on top of each other. The Kingsley Club, stretches of the Boardman River, and trailheads like Lone Pine, Oleson Bridge, and Keystone Rapids offer up north recreational opportunities just minutes away. Built in 2023 on just over five wooded acres, the layout of this home is built for family, friends, and guests to gather. Five to six bedrooms, multiple gathering areas, and outdoor space that actually gets used. From the road, the house is visible. Once you’re on the property, the living areas face into the woods, and that’s where the experience shifts. The STR structure is already established. Fully permitted, professionally managed, and consistently booked. This isn’t “investment potential.” It’s already performing, with a track record that supports it. One detail that matters more out here than most buyers expect is internet reliability. Starlink is installed and performs well, which removes a common issue for properties in this type of setting. In this part of the market, newer construction on acreage tends to draw a different buyer. Someone who wants a property that’s already set up for group use without inheriting the maintenance curve of an older home. That’s a different profile than in-town rentals, where turnover is higher and management tends to be more hands-on. Historical performance and current booking trends are available for review. Under current management, the property will generate nearly $100K in annual gross revenue. Future performance will vary based on management, owner use, and market conditions.

Features of 1942 Hoosier Valley Road

MLS® # 1943339
Price $809,000
Bedrooms 5
Bathrooms 3.00
Full Baths 2
Square Footage 2,438
Acres 5.19
Year Built 2023
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1942 Hoosier Valley Road
Subdivision None
City Traverse City
County Grand Traverse
State MI
Zip Code 49685

Amenities

Parking Asphalt, None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Features Walk-In Closet(s), Pantry, Kitchen Island, Den/Study, Game Room, Drywall, WiFi
Appliances Refrigerator, Oven/Range, Microwave, Washer, Dryer, Propane Water Heater, Instant Hot Water
Heating Forced Air, Propane
Cooling Central Air
Has Basement Yes
Basement Crawl Space
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Lot Description Wooded-Hardwoods, Wooded, Evergreens, Level, Landscaped, Metes and Bounds
Windows Skylight(s), Blinds
Roof Asphalt
Construction Frame, Vinyl Siding
Foundation Block

School Information

District Traverse City Area Public Schools

Additional Information

Days on Market 102
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeNet Real Estate

Listing Map

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