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Traverse City, MI, 49686 • 49686 • Grand Traverse County
$256/sqft
2Beds
2Baths
1,131Sqft
0.18 acLot
1949Built
Waterfront Property
None
Character Home
Built 1949 · 77 years of history
Foster & Crotsers Add
49686
Demand and pricing signals for this listing
72 views
People checking out this listing
134 days on market
Established listing
$256/sqft
Price per square foot
Single Family · Built 1949
Located in the heart of Traverse City, this 2-bedroom, 1.5-bath this home sits on a rare and highly sought-after city lot offering exceptional potential for future expansion or redevelopment. The property’s deep lot allows room for a garage addition or possibly an auxiliary dwelling unit (ADU) a unique opportunity for those looking to invest, create additional living space, or generate rental income right in town. The existing home provides comfortable living with an efficient layout and great natural light, making it ideal for full-time residents, first-time buyers, or investors looking to enhance value. The real appeal, however, lies in the versatility of the lot and location—close to downtown shopping, dining, beaches, and all that Traverse City living has to offer.
Standout features identified
Our analysis highlights great natural light, efficient layout, and deep lot as key attractions of this home.
Based on current rates
Est. 6.22% rate · 30yr fixed · $232,000 loan
Full calculator →Key facts and listing details
13 categories of property features
6 rooms detailed
Master Bedroom
MainBedroom2
UpperMaster Bathroom
Dining Room
MainKitchen
MainLiving Room
MainMarket data and value estimates
3 schools rated nearby
Traverse City, MI, 49686
4 events
23 years of records
Local context around this listing
Traverse City, MI • Grand Traverse County
Nearby neighborhoods
Nearby cities
Nearby zip codes
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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