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$12,000,000

MLS 1842864
S Garfield Road Traverse City, MI 49686  
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Incredible opportunity for premium property w/over 11,000' combined private frontage on beautiful Arbutus Lake. Secluded, yet accessible in any season, there is no other development in the Grand Traverse region that compares to this jewel of a location. 40 acre parcel splits and several small acreage lots are packaged together in this offering for 358+ acres. Ideal for developer or builder looking to offer upscale home packages in private wooded locations w/waterfront OR large single estate. 395 acre Arbutus Lake is a scenic, all-sports lake w/sandy shoreline/bottom surrounded by gorgeous rolling woodland, areas of sunny meadow & lots of wildlife. Frontage on four county-maintained roadways w/underground utilities. Just 6 miles to downtown Traverse City.
Price $12,000,000 County: Grand Traverse Zoning:  Residential,Metes and Bounds,Splits Available,Finished Lots,Bldg & Use Restrictions,Storage Buildings
Area: Grand Traverse Waterfront Feet: 11197 Association:
Lake/River:  Arbutus Lake School District: Lot Size: irregular
County: East Bay Road: Public Maintained,Gravel,Blacktop,Cul-de-Sac Acres: 358.34

Features: Level,Rolling,Sloping,Some LowLand Areas,Hardwoods,Cleared,Wooded,Evergreens Water Features: Priv Frontage (Wtr Side),Inland Lake,Water View,All Sports,Sandy Bottom,Vegetation to Water Edge,Public Lake,Sandy Shoreline

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Listing Provided Courtesy of:
Coldwell Banker Schmidt-402

Copyright 2014 Northern Great Lakes Realtor MLS (NGLR)
Listing provided by NGLR Association of Realtors, database last updated Saturday September 22, 2018
 
Direct Link:  http://www.cmiaridx.com/RETS/idx/cadillacrealty/land/index.php?view=1842864