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Browse All Traverse City MI Between $400K - $500K Properties for Sale

$499,900
4 Beds 3 Baths 1950432 MLS Erin Glen BLDG.
Shamrock Lane just got a whole lot luckier! Priced BELOW appraised value and freshly offered at $499,900, this is your sign to stop scrolling and start scheduling. With 4 bedrooms, 2.5 baths, a main-floor primary suite, full basement, attached two-car garage, and an expansive backyard. There is serious value packed into this property. Opportunities like this don’t wait around. Tucked into a peaceful cul-de-sac, the bright, open main level is designed for easy living. Bamboo flooring flows through the living, dining, and kitchen spaces, while abundant natural light makes the entire space feel warm and welcoming. The main-floor primary suite offers a private bath and spacious closet, with main-floor laundry and an additional half bath adding everyday convenience. Upstairs, two generously sized bedrooms share a full bath, while the fourth bedroom creates even more flexibility for family, guests, an office, hobbies, or whatever life needs next. Then there’s the sunroom, arguably one of the best seats in the house. Morning coffee, rainy afternoons, a good book, or simply somewhere quiet to land at the end of the day, this room is ready to become a favorite. Outside, a newer 18x9 deck overlooks the expansive backyard, while the front porch is made for Northern Michigan evenings. Need more room? The full unfinished basement is already plumbed for an additional bathroom and ready for your vision: family room, guest space, gym, workshop, creative studio, or an impressive amount of storage. An attached two-car garage completes the package. The association is just $300 annually and includes snow plowing and maintenance of the neighborhood walking path. Schools, shopping, restaurants, parks, and everyday conveniences are all nearby. This is the price. This is the house. And this is the moment to act. Shamrock Lane may be about luck, but waiting on this one could mean watching someone else call it home.

834 Shamrock Lane, Traverse City

$479,900
3 Beds 2 Baths 1950273 MLS Kensington West BLDG.
Brand-new, energy-efficient duplex condo currently under construction with anticipated completion in October 2026, offering the rare opportunity to enjoy the benefits of new construction, low energy costs, and future expansion potential in a convenient Traverse City location. Crafted for comfortable one-level living, the thoughtfully planned open-concept floor plan features premium vinyl siding, beautiful ¾” White Oak hardwood flooring, a granite peninsula kitchen, main-floor laundry, and a spacious primary suite with walk-in closet and private tiled bath. The unfinished lower level provides exceptional flexibility and room to grow, with potential for a family room, additional bedroom, and bathroom to create even more finished living space. Built with energy efficiency in mind, the home has an impressive HERS score of 48 and estimated annual energy costs of approximately $750. Additional features include a 2-car garage pre-wired for EV charging, underground irrigation, professional landscaping, and a 10x12 concrete patio for outdoor enjoyment. Ideally located near shopping, restaurants, Cherry Capital Airport, Boardman Lake Loop Trail, TART Trail, and downtown Traverse City, this is an exceptional opportunity to invest in quality new construction, energy efficiency, low-maintenance living, and long-term value. Some photos are virtually created; appliances are not included.

1706 Woodward Avenue, Traverse City

$479,900
3 Beds 2 Baths 1950271 MLS Kensington West BLDG.
Brand-new, energy-efficient duplex condo currently under construction with anticipated completion in October 2026, offering the rare opportunity to enjoy the benefits of new construction, low energy costs, and future expansion potential in a convenient Traverse City location. Crafted for comfortable one-level living, the thoughtfully planned open-concept floor plan features premium vinyl siding, beautiful ¾” White Oak hardwood flooring, a granite peninsula kitchen, main-floor laundry, and a spacious primary suite with walk-in closet and private tiled bath. The unfinished lower level provides exceptional flexibility and room to grow, with potential for a family room, additional bedroom, and bathroom to create even more finished living space. Built with energy efficiency in mind, the home has an impressive HERS score of 48 and estimated annual energy costs of approximately $750. Additional features include a 2-car garage pre-wired for EV charging, underground irrigation, professional landscaping, and a 10x12 concrete patio for outdoor enjoyment. Ideally located near shopping, restaurants, Cherry Capital Airport, Boardman Lake Loop Trail, TART Trail, and downtown Traverse City, this is an exceptional opportunity to invest in quality new construction, energy efficiency, low-maintenance living, and long-term value. Some photos are virtually created; appliances are not included.

1704 Woodward Avenue, Traverse City

$460,000
3 Beds 2 Baths 1950223 MLS Silver Meadows BLDG.
Welcome to Silver Meadows, where comfortable main-floor living, a thoughtful floor plan and room to grow come together in this impeccably maintained Traverse City home. Located on a large parcel at 391 Farmstead Lane, this 3-bedroom, 2-bath home offers an easy, inviting layout with beautiful luxury vinyl plank flooring throughout. The heart of the home is the open living area, where vaulted ceilings create a wonderful sense of space and a gas fireplace adds warmth and character. The bright kitchen features white cabinetry, plenty of counter space, a beautiful backsplash and spacious pantry. All three bedrooms are conveniently located on the main level, including a large primary suite with a private bath and walk-in closet. One of the home's best opportunities is downstairs. The full unfinished basement already has two egress windows, offering excellent potential for additional bedrooms, a family room, home gym, office or simply an abundance of storage. Outside, the covered front porch adds a welcoming touch, while the attached two-car garage provides everyday convenience. In the backyard, you’ll appreciate the large private deck with a pergola and privacy screen, surrounded by mature landscaping and an abundance of birds and butterflies. Set in the established Silver Meadows neighborhood and just a short drive from downtown Traverse City, come see why 391 Farmstead Lane is exactly the Traverse City home you’ve been waiting for.

391 Farmstead Lane, Traverse City

$450,000
1949685 MLS N/A BLDG.
Tucked amongst the rolling vineyards on beloved Old Mission Peninsula, this stunning 11.53-acre property offers a special opportunity to own a coveted slice of wine country. The gorgeous natural setting is both rare and one to treasure, whether taking in the gorgeous vineyard views or watching the sun set over West Grand Traverse Bay. The vineyard is planted with 9 acres (6 producing) of 5-6 high quality clones of Pinot Noir, including two Colmar clones from Switzerland. Currently, the grapes are sold to Black Star Farms with potential for a continued arrangement or sale on the open market at fair market value. Grapes from Old Mission are in heavy demand due to their high quality. The land, safeguarded through the Peninsula Township Purchase of Development Rights (PDR), is protected forever, the open space and agricultural contributions preserved in perpetuity. The property is zoned for one residential dwelling unit, a farm labor housing structure, or ag building, and there is a documented easement (see associated documents) for access via a private farm road off of Center Road. While completely private and serene, you are not far from Old Mission destinations, including the legendary Boathouse restaurant, Haserot Beach, Mission Point Lighthouse, and more. In the evening or on the weekends, visit and unwind at one of the many iconic nearby wineries, including Bonobo Winery, just steps away. There is no shortage of opportunities here, whether you envision a working farm, your own small winery, or simply a private residence surrounded by vines.

Nelson Road, Traverse City

$435,000
5 Beds 2 Baths 1949607 MLS Whispering Oaks Subdivision BLDG.
Welcome to this meticulously updated 5-bedroom, 1.5-bath home in a fantastic family-friendly location just minutes from everything Traverse City has to offer. The fifth bedroom is non-conforming, providing valuable additional space for a bedroom, office, playroom, or guest area. This home has been thoughtfully updated and offers peace of mind with numerous improvements, including a brand-new roof installed in 2026. An oversized two-car garage provides plenty of room for vehicles, storage, recreational equipment, and all of your Up North gear. Step outside to enjoy an oversized, expansive yard with ample room for kids, pets, entertaining, gardening, and more. The property also offers plenty of space to potentially add a pole barn or additional outbuilding, making it an excellent option for those looking for extra storage or workspace. Location is a major highlight. The property is conveniently located near Timber Ridge, the Vasa Trail, and just a couple of miles from East Grand Traverse Bay, while downtown Traverse City is only about a 10-minute drive away. Enjoy easy access to outdoor recreation, beaches, trails, shopping, dining, and all that the Traverse City area has to offer. Located in a township that allows short-term rentals, this property also offers attractive flexibility for future use or investment potential. With its extensive updates, generous yard, oversized garage, excellent location, and potential for additional outbuildings, this home offers a rare combination of space, convenience, recreation, and opportunity in the Traverse City area. Whether you’re looking for a primary residence, a family home, or a property with rental potential, this one is ready to impress!

3880 Whispering Oaks Drive, Traverse City

$409,800
3 Beds 3 Baths 1949331 MLS Emerald Hills BLDG.
Move in Ready! Brand New Construction. Welcome to 2839 Ruby St, a stunning new home in one of Traverse City’s most sought-after low-maintenance communities offering comfort, privacy, and unbeatable value on a premium home site with the best of both sun and shade. This thoughtfully designed 3-bedroom, 2.5-bath home features 1,626 sq. ft. of well-appointed living space, including a first-floor primary suite, full basement, and oversized kitchen layout—all situated in a peaceful, natural setting just minutes from downtown Traverse City, shopping, restaurants, and Grand Traverse Bay. Enjoy a bright and welcoming feel every time you step through the door. Enhanced kitchen for everyday living & entertaining the kitchen in this home has been designed with lifestyle in mind, featuring: A central gathering space for hosting, dining, or homework sessions. A walk-in pantry adds generous storage space and keeps your counters clean and clutter-free. Modern finishes, high-quality cabinetry, lighting, and fixtures complete the look and feel. Enjoy the ease of maintenance-free living convenient, private, and serene. Two bedrooms upstairs with full bath. 2-Car attached garage, keeps your car clean and your entry convenient. Full basement with egress window and bath plumbing for future expansion. Outside, lawn care and snow removal are taken care of, so you can spend weekends doing what you love.

2839 Ruby Street, Traverse City

$435,000
2 Beds 2 Baths 1949304 MLS Creekside Condo BLDG.
Creekside – Enjoy easy, one-level living in this stand-alone condo located in one of Traverse City's most desirable communities. Recent updates provide peace of mind, including furnace, central air conditioner, and water heater that are all under two years old. Open living w/vaulted ceilings, a spacious primary bedroom with ensuite & a versatile den that is perfect as a TV room, home office or additional living space and has a sliding glass door with direct access to the deck. The wraparound deck has an electric awning and overlooks the woods to the back and a nicely landscaped courtyard to the side. Walk-out lower level provides plenty of room for storage or future expansion for more living space; rough plumbed for 3rd bath. For added convenience, Creekside features private gated access to the Horizon Outlet Mall, providing easy access to Oryana West, AMC Theatre, Hobby Lobby and a traffic light at US-31.Creekside is known for its friendly, walkable neighborhood where residents enjoy connecting with neighbors and spending time outdoors. Unbeatable location. Monthly association dues of $450 cover lawn care, snow removal for roads, driveways, and sidewalks to the front door, as well as exterior maintenance, including roofs and siding, trash and basic unit insurance (excluding upgrades, any lower-level finishes & owners contents). A one-time $2,000 capital contribution is required from the purchaser at closing. A great place to live.

3771 Outback Drive, Traverse City

$495,000
1949270 MLS
Exceptional value is evident with these three properties; they are contiguous and collectively provide an excellent investment opportunity. These properties have been used for commercial use as well as professional office and warehouses over the past several decades. 3 individual and contiguous properties all affordably priced offering several options depending on your usage. You could use these properties for your own offices, or you could use them as investment property and rent each unit individually, you could also use or rent out the 4,800 sq. ft. of storage in the large 60X80 building. Another thought is considering the need for housing in and near downtown Traverse City and zoning being R-3, this location and these properties highest and best use may very well be an excellent location for apartment buildings or a condominium location. The adjoining property on the eastern boundary is owned by MDOT and the City of Traverse City providing an expansive open area extending all the way to Boardman Lake for future generations. The walking trail is contiguous to the southern boundary for easy access for exercising and watching sunrises over Boardman Lake. Downtown Traverse City is just a short walk as well to enjoy and experience the many excellent restaurants and wonderful shopping opportunities. Collectively there is over 9,000 sq ft of warehouse, 2,275 sq ft of offices, and over 38,000 sq ft of property, that in total is just under 1 full acre! There are so many options being offered for either personal use or for an investor, any way you consider it these properties are certainly one of the better investments for this location of Traverse City.

807 Lake Avenue, Traverse City

$495,000
1949266 MLS
Exceptional value is evident with these three properties; they are contiguous and collectively provide an excellent investment opportunity. These properties have been used for commercial use as well as professional office and warehouses over the past several decades. 3 individual and contiguous properties all affordably priced offering several options depending on your usage. You could use these properties for your own offices, or you could use them as investment property and rent each unit individually, you could also use or rent out the 4,800 sq. ft. of storage in the large 60X80 building. Another thought is considering the need for housing in and near downtown Traverse City and zoning being R-3, this location and these properties highest and best use may very well be an excellent location for apartment buildings or a condominium location. The adjoining property on the eastern boundary is owned by MDOT and the City of Traverse City providing an expansive open area extending all the way to Boardman Lake for future generations. The walking trail is contiguous to the southern boundary for easy access for exercising and watching sunrises over Boardman Lake. Downtown Traverse City is just a short walk as well to enjoy and experience the many excellent restaurants and wonderful shopping opportunities. Collectively there is over 9,000 sq ft of warehouse, 2,275 sq ft of offices, and over 38,000 sq ft of property, that in total is just under 1 full acre! There are so many options being offered for either personal use or for an investor, any way you consider it these properties are certainly one of the better investments for this location of Traverse City.

807 Lake Avenue, Traverse City

$408,000
2 Beds 1 Baths 1948848 MLS Indian Woods BLDG.
Nestled in a quiet neighborhood just beyond the energy of downtown Traverse City, this beautifully remodeled 2-bedroom bungalow offers the perfect blend of comfort, convenience, and beach community living. Just two short blocks from East Grand Traverse Bay and East Bay Park, you'll enjoy easy access to a beautiful sandy beach where many neighborhood residents moor their boats each summer. Inside, the 1,008-square-foot home has been thoughtfully updated with a stunning new kitchen, remodeled bath, granite countertops, new flooring, new windows and doors, an updated electrical panel, and a new furnace—creating a move-in-ready home with modern style and peace of mind. The location is one of Traverse City's greatest assets. Surrounded by majestic white pines, it's aptly called a "Walker's Paradise" It's an easy walk to schools, the scenic campus of Northwestern Michigan College, neighborhood parks, and the bay. You can walk to downtown, or catch the free shuttle bus that stops just a block away. Located at the gateway to Old Mission Peninsula, you'll also be just minutes from award-winning wineries, vineyards, cherry orchards, hiking trails, and waterfront parks. Additional nearby recreation includes Bryant Park, Traverse City State Park, the TART Trail, and the Civic Center's athletic fields, swimming pool, and ice arena; Plus shops, stores, restaurants, and Traverse City's only designated Social District. Whether you're searching for a full-time residence, an Up North getaway, or an investment in one of Traverse City's most desirable neighborhoods, this beautifully updated home delivers an exceptional lifestyle just steps from the water. Showings available beginning Saturday, Aug. 15

339 Huron Street, Traverse City

$499,000
4 Beds 3 Baths 1948774 MLS N/A BLDG.
Enjoy the perfect blend of space, location, and opportunity in this 4-bedroom, 2.5-bath home situated on a beautiful 1-acre fenced lot with Silver Lake views. Located directly across from Silver Lake and backing up to Silver Lake Elementary School, this property offers a convenient setting with room to grow. Filled with abundant windows, the home is bathed in natural light while showcasing the opportunity to enjoy both sunrises and sunsets from the comfort of home. Wood flooring extends throughout the main and upper levels, while the spacious kitchen features an island, double wall oven, and abundant cabinet and counter space. The walk-out lower level is partially finished, offering additional living space. Major exterior improvements completed in 2024 include a new roof, vinyl siding, gutters, deck, porch, and professional landscaping with decorative rock and landscape block. Additional updates include a new furnace, central air conditioning, washer, and dryer, all installed in 2021. A 2-car attached garage and spacious fenced yard complete the property. Seller has adjusted the price to encourage a timely sale—an excellent opportunity for buyers looking for space, location and value near Silver Lake. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing agent is related to the seller.

619 N West Silver Lake Road, Traverse City

$439,900
2 Beds 2 Baths 1948727 MLS Traverse City BLDG.
A perfect gem in Traverse Heights! Ideal for an Up North pied-a-terre, downsizing, investment or just starting out! Built in 2019 and impeccably maintained, this move-in-ready ranch combines modern construction, island quartz countertop, luxury vinyl plank flooring, radiant in-floor heat, and an unbeatable in-town Traverse City location. Just minutes from downtown, Munson Medical Center, the TART Trail, beaches, shopping, dining, and everyday conveniences, it offers the Northern Michigan lifestyle you are seeking. The bright, open floor plan features 1,044 square feet of thoughtfully designed living space with a spacious island kitchen, pantry, two bedrooms and two full baths, including a private primary suite. Every space has been carefully planned for easy everyday living, while the heated attached two-car garage and storage shed provide exceptional convenience and storage. Unlike many homes in this price range, this 2019 built home offers the peace of mind, energy efficiency, and lower maintenance of newer construction, allowing you to spend less time on upkeep and more time enjoying Northern Michigan. Relax on the private patio, entertain with ease, or simply enjoy the comfort and privacy of single-family living with an easy-care lifestyle. Move-in ready. Exceptionally maintained. Ideally located. Opportunities to own a newer home in an established Traverse City neighborhood are rare - don't miss this turnkey property!

939 Grant Street, Traverse City

$439,900
3 Beds 3 Baths 1948415 MLS Premier Place BLDG.
Tucked into one of Traverse City's most coveted condominium communities, this Premier Place condo offers the perfect blend of privacy, convenience, and lifestyle. Enjoy your own private patio overlooking a peaceful wooded setting where wildlife is a frequent visitor, creating a tranquil retreat just minutes from the heart of the city. Step outside to direct access to the scenic Boardman Lake Loop Trail, Boardman Lake, and a community picnic area, while the Traverse Area District Library, shopping, dining, and Downtown Traverse City are all just moments away. Inside, this thoughtfully designed 3-bedroom, 2.5-bath home offers comfortable living with exceptional flexibility. A main-floor bedroom serves as the perfect guest room, home office, or cozy den to fit your lifestyle. Upstairs, the spacious primary suite features a large walk-in closet and private bath, while the generously sized third bedroom offers double closets and convenient access to the second full bath. The unfinished lower level is already plumbed for an additional full bath, providing endless possibilities for future expansion. Create the hobby room, home gym, recreation room, play space, or media room you've always envisioned while adding instant equity. As a Phase One owner, you'll enjoy exclusive access to the neighborhood clubhouse, complete with a heated outdoor pool, fitness room, full kitchen, and spacious gathering area for community events. The clubhouse is also available to reserve for private parties and celebrations, making it a wonderful extension of your living space.An attached one-car garage provides protection from Northern Michigan winters and ample storage for bicycles to enjoy the Boardman Lake Loop or kayaks for paddling adventures on Boardman Lake. Offering a peaceful natural setting, exclusive amenities, room to grow, and an unbeatable location, this Premier Place condo is an exceptional opportunity to experience the very best of Traverse City living.

1424 Newport Street, Traverse City

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