| Owner: |
Sterling & Hamlin, LLC, a Michigan limited liability company affiliated with licensed real estate brokers. |
| Property: |
Single family building lot of approximately 12,500 square feet. Wooded. Paved road a few hundred feet from shared lakefront. |
| Legal Description: |
See attached survey and description. |
| Location: |
South side of Crain Hill Road approximately 860’ west of M-22, about five miles north of Traverse City, Michigan. This is a rural setting, but is within walking distance of Grand Traverse Bay, and is a ten minute drive from downtown Traverse City. |
| Riparian Rights: |
Shared use of private beach area off the end of Crain Hill Road a few hundred feet east of the lot. West Grand Traverse Bay is part of Lake Michigan. The lot owner has the right to use a dock and maintain a boat on the bay. |
| Topography: |
The lot is rolling and backs up to a hill. There is some west to east slope. |
| Vegetation: |
The lot has several trees that could be retained after building a house. |
| View: |
Grand Traverse Bay is visible from this lot. |
| Soils: |
Sandy loam topsoil. |
| Area: |
This is one of four lots on Crain Hill Road. Behind these lots, to the south, is Saphire Shores Condominiums, which is offering condominiums from the high $300,000s to the mid-$400,000s. Across Crain Hill Road are private homes. Crain Hill Road ends at M-22 a few hundred feet east of the lot. M-22 circles the Leelanau Peninsula and connects Traverse City with Suttons Bay. This is in the midst of the premier boating and recreation area on the Great Lakes. |
| Utilities: |
Elmwood Township sanitary sewer is on site. Water is by private well. DTE provides natural gas. Consumers Energy provides electricity. |
Zoning: |
Residential R-2. One single family home is permitted on this lot. |
Schools:
|
Traverse City School System |
| S.E.V.: |
$32,500. |
| Taxes: |
$1,197.72 in 2008. |
| Price: |
$89,000. |
| Terms: |
Cash. New Mortgage. Land contract. Exchange. |
| Build-to-Suit: |
The owner can have a home custom built to the buyer’s specifications. |
| Can-Add: |
The adjoining Lot A is also available. |
| Please click on the image below to download a
printable map. |
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