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About This Home
This 0-bedroom, 0-bathroom residential multi family at 55 S Hope Ridge in Traverse City, MI is listed for $3,500,000 ($228 per sqft). the home offers 15,383 sqft of living space on a 40.39 acres lot.
Just 8 minutes from downtown Traverse City, this exceptional 40-acre property offers endless potential. With 8 homes totaling over 16,000 square feet and 4 large barns, it’s ideal for a variety of ventures—think destination wedding venue, retreat center, boutique resort, private school, or family compound. Capacity to hold over 80 guests! The blend of open fields, wooded privacy, and close proximity to town creates a one-of-a-kind setting for residential, commercial, or creative redevelopment opportunities.
Key Features
- 40.39 acre lot
- 1.5 stories
- 2 parking spaces
Property Details
Monthly Cost Estimate
$18,719/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
55 S Hope Ridge
Traverse City, MI 49696
Features & Amenities
Interior Features
Property Details
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 55 S Hope Ridge is listed at $3,500,000 ($228/sqft). The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.
Key features include: 40.39 acre lot, 1.5 stories, 2 parking spaces. Interior Features: Cathedral Ceiling, Walk-in Closets, Hardwood Floors.
This property is listed by Matthew Dakoske and can be reached at 2319415600 or matt@teamdakoske.com.
