About 55 S Hope Ridge
Just 8 minutes from downtown Traverse City, this exceptional 40-acre property offers endless potential. With 8 homes totaling over 16,000 square feet and 4 large barns, it’s ideal for a variety of ventures—think destination wedding venue, retreat center, boutique resort, private school, or family compound. Capacity to hold over 60 guests! The blend of open fields, wooded privacy, and close proximity to town creates a one-of-a-kind setting for residential, commercial, or creative redevelopment opportunities.
Features of 55 S Hope Ridge
| MLS® # | 1944291 |
|---|---|
| Price | $3,500,000 |
| Square Footage | 16,208 |
| Acres | 40.76 |
| Year Built | 1989 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active U/C Taking Backups |
Community Information
| Address | 55 S Hope Ridge |
|---|---|
| Subdivision | Abbas House |
| City | Traverse City |
| County | Grand Traverse |
| State | MI |
| Zip Code | 49696-5928 |
Amenities
| Parking Spaces | 30 |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Propane, Wood |
|---|---|
| Has Basement | Yes |
| Basement | Walk-Out Access, Crawl Space, Finished, Finished Rooms, Egress Windows |
| Fireplace | No |
Exterior
| Lot Description | Cul-De-Sac |
|---|---|
| Roof | Asphalt |
| Construction | Frame, Vinyl Siding, Brick |
| Foundation | Slab, Pillar/Post/Pier |
Additional Information
| Days on Market | 70 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Annually |
Listing Details
| Office | REMAX Bayshore - Union St TC |
|---|