About This Home

This 3-bedroom, 2-bathroom single family at 125 S Cedar Street in Traverse City, MI is listed for $995,000 ($326 per sqft). Built in 1900, the home offers 3,055 sqft of living space on a 1.19 acres lot.

Key Features

  • Built in 1900
  • 1.19 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
1 full, 1 half
3-car garage
1900

Amenities

FireplaceWaterfront
Listing Description

Rare 1.19-Acre Development Opportunity in Traverse City's Kids Creek Neighborhood A truly unique opportunity in one of Traverse City's most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning that is exceptionally difficult to find in the city.

The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above. A separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad.

R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running along the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City.

The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

125 S Cedar Street

Traverse City, MI 49684

Features & Amenities

Interior Features

Walk-In Closet(s)Breakfast NookDen/StudyVaulted Ceilings

Exterior Features

PatioCountryside ViewCovered PorchPorchScreened Porch

Property Details

Construction

Frame

Outdoor Features

PorchPatio

Questions & Answers

This 3-bedroom, 2-bathroom single family at 125 S Cedar Street is listed at $995,000 ($326/sqft). The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 1.19 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: Walk-In Closet(s), Breakfast Nook, Den/Study. Exterior Features: Patio, Countryside View, Covered Porch.

This property is listed by Shelly Brunette.

SB

Shelly Brunette

Agent at Real Estate One

Listed by Real Estate One · Broker phone: (248) 304-6700 · View on Broker Site · Broker website

MLS# 1950474· Source: Northern Great Lakes Realtors MLS· 48 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

125 S Cedar Street, Traverse City, MI 49684

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