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$3,800,000 Active

2960 Arbutus Hill Road

Traverse City, MI 49696

  • 22Baths
  • 1955Year Built
  • 36.5Acres
  • BusinessType

About this property

Location, easy-access, high visibility, and income potential all come together in this unique Northern Michigan property. Located 8 miles south of Cherry Capital Airport, this property offers 36 acres + with 18 furnished rentals including 1, 2, and 3-BR units - in addition to a four-bedroom main residence on-site with attached apartment. This is an exceptional opportunity for investors, short-term rental buyers, or developers looking for prime real estate in one of Michigan's most popular year-round tourist destinations - Traverse City. The existing units provide the foundation for a resort, vacation rental community, corporate retreat, extended-stay property, special event venue, or other income-producing ventures. With direct frontage right on Garfield Rd, this property offers offers high-visibility and easy-access for commercial uses - such as retail or office space - or businesses providing services to travelers - including restaurants, motels, convenience stores, etc. (subject to local zoning and use permits). Guests can enjoy the award-winning restaurants, wineries, and festivals right in Traverse City - which has become known worldwide as a highly-desired tourist destination - then retreat after their busy day of sight-seeing to their private comfortably furnished unit in a peaceful country setting. This property is conveniently located near the Brown Bridge Quiet Area and Trailhead, the Arbutus Chain-of-Lakes, and parks, which offer year-round recreational opportunities - including hiking, fishing, canoeing, snowmobiling, birdwatching, and more. • The Flintfields Horseshows - Williamsburg, MI - 16 Miles • Interlochen Arts Academy - 21 Miles • Sleeping Bear Dunes - 48 Miles • Marina in the heart of downtown Traverse City - 12 Miles • Turtle Creek Baseball Stadium - 13 Miles • Turtle Creek Casino - Williamsburg, MI - 16 Miles • Mackinac Bridge - 124 Miles

Property details

MLS #
26017794
Status
Active
Property Type
Commercial Sale
Sub Type
Business
County
Grand Traverse County
Year Built
1955
Lot Size
370 x 162 x 160 x 454 x 1070 x 1800
Waterfront
No
Days on Market
105
Parcel #
28-03-116-019-00

Interior

Interior Features
Broadband
Heating
Forced Air

Exterior

Roof
Metal

Utilities

Utilities
Electricity Available, Phone Connected, Electricity Connected, Propane
Sewer
Septic Tank
Water
Private Water, Well

Schools

School District
Traverse City

Listing courtesy of Traverse City Realty

Listing agent: Brenda S Irish-Heintzelman

Contact: 231-929-4737

Location

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Information Deemed Reliable But Not Guaranteed.

Lighthouse Realty does not display the entire MichRIC Broker Reciprocity Database on this web site; the listings of some firms have been excluded.

Updated: 10/05/26