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$12,500,000

MLS 1828642
00 Garfield Road Traverse City, MI 49686  
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Incredible opportunity for premium property w/12,000' 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 365+ 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 $12,500,000 County: Grand Traverse Zoning:  Residential,Metes and Bounds,Splits Available,Finished Lots,Bldg & Use Restrictions,Storage Buildings
Area: Grand Traverse Waterfront Feet: 11931 Association:
Lake/River:  Arbutus Lake School District: Lot Size: irregular
County: East Bay Road: Public Maintained,Gravel,Blacktop,Concrete Acres: 365.00

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 Michigan MLS (NMMLS)
Listing provided by EMMET and ACK Association of Realtors, database last updated Friday June 23, 2017
 
Direct Link:  http://www.midmichiganrealestate.com/parks/land/index.php?view=1828642