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$4,900,000
Est. payment /mo
1,780 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $2,752
Subdivision Koti Vacation Rentals
MLS Listing ID 78080064318
Year Built 2023
Lot Size 9.000 Acres
Acres 9.0
Property Description
This 9-acre parcel is part of the renowned KOTI resort community and is available as a standalone opportunity for investors seeking multifamily, mixed-use, or condo-resort development potential. The property is preliminarily site-planned for up to 146 units, offering flexibility for townhomes, apartments, or condominiums. All necessary zoning and infrastructure are already in place, including interior roadways, MDOT-approved access points, and direct connectivity to the scenic TART Trail. Positioned just a quarter mile from the East Arm of sparkling Grand Traverse Bay and only minutes from downtown Traverse City, the site is perfectly situated for personal getaway use or as a highly desirable, full-season lifestyle destination. Surrounded by premier regional attractions such as the Grand Traverse Resort and Spa, Turtle Creek Hotel & Casino, Flintfields Horse Park, and five world-class golf courses, this location offers year-round appeal for residents and visitors alike. An opportunity of this caliber is rare. For those looking to create or expand within one of northern Michigan’s most sought-after vacation corridors, this property is ready for its next chapter.
Location
State MI
County Grand Traverse
Area Area28021Acmetwp
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Metal, Other
Building
Foundation Slab
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Traversecity
School District Traversecity
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard
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©2025 Realcomp II Ltd. Shareholders
Listed by Robert Brick of REMAX Bayshore - W Bay Shore Dr TC
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