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Browse All Traverse City MI Between $500K - $600K Properties for Sale

$599,900
2 Baths 1950184 MLS Hannah Lay & Co's 3rd Add BLDG.
Slabtown homes don't turn over often, and a true two-residence property here turns over even less. This is a rare opportunity to let a second residence help offset the mortgage while putting you in one of Traverse City’s most walkable, sought after locations. The neighborhood lives up to the reputation, with multiple parks, the TART Trail and a beach just blocks away. Local staples like Slabtown Burgers, Tom's Food Markets, and Dairy Lodge are all within easy reach, so plenty of errands turn into a walk instead of a drive. The home offers two distinct living spaces, each with its own entrance, kitchen, and bath. Use the secondary living quarters as a rental to help offset the mortgage, create a comfortable mother-in-law suite, give adult kids their own space when they move back home, accommodate a caretaker, host long-term guests, or simply keep a separate space for work or hobbies. The main home features refinished hardwood floors and an updated bathroom, while the three-stall garage brings serious utility, including one bay with a raised door built for a boat. A large concrete parking pad alongside the garage provides even more room for vehicles or a trailer. Out back, a generous yard framed by mature trees leads to a patio to catch the afternoon sun. There’s plenty of room to spread out, entertain, garden, or simply enjoy having outdoor space of your own. Income, family, guests, caregiving, or just more room to live, this is a property that can evolve with you. In a neighborhood where opportunities like this rarely come along, the flexibility is already built in. This is Slabtown living, ready for its next owner.

131 N Spruce, Traverse City

$599,900
2 Beds 2 Baths 1950182 MLS Hannah Lay & Co's BLDG.
Slabtown homes don't turn over often, and a true two-residence property here turns over even less. This is a rare opportunity to let a second residence help offset the mortgage while putting you in one of Traverse City’s most walkable, sought after locations. The neighborhood lives up to the reputation, with multiple parks, the TART Trail and a beach just blocks away. Local staples like Slabtown Burgers, Tom's Food Markets, and Dairy Lodge are all within easy reach, so plenty of errands turn into a walk instead of a drive. The home offers two distinct living spaces, each with its own entrance, kitchen, and bath. Use the secondary living quarters as a rental to help offset the mortgage, create a comfortable mother-in-law suite, give adult kids their own space when they move back home, accommodate a caretaker, host long-term guests, or simply keep a separate space for work or hobbies. The main home features refinished hardwood floors and an updated bathroom, while the three-stall garage brings serious utility, including one bay with a raised door built for a boat. A large concrete parking pad alongside the garage provides even more room for vehicles or a trailer. Out back, a generous yard framed by mature trees leads to a patio to catch the afternoon sun. There’s plenty of room to spread out, entertain, garden, or simply enjoy having outdoor space of your own. Income, family, guests, caregiving, or just more room to live, this is a property that can evolve with you. In a neighborhood where opportunities like this rarely come along, the flexibility is already built in. This is Slabtown living, ready for its next owner.

131 N Spruce, Traverse City

$585,000
3 Beds 2 Baths 1950112 MLS State Street Commons BLDG.
Enjoy the best of downtown Traverse City living from this perfectly set 3-bedroom, 2-bath condo in the State Street Commons. Located directly across from F&M Park, the setting offers a neighborhood feel while keeping you within an easy walk or bike ride of downtown restaurants, coffee shops, Front Street shopping, farmers markets, the TART Trail, Grand Traverse Bay, Sunset Beach, and many of the places that make Traverse City such a great place to live. Inside, the bright and comfortable floor plan features an open living area with a gas fireplace, spacious kitchen, and flexible living space with plenty of room for owners and guests. The lower level adds additional versatility and works well for overnight guests, an office, family room, or additional private living space. One of the seller's favorite features is the private balcony overlooking the surrounding neighborhood and F&M Park—a great spot for morning coffee, relaxing at the end of the day, or simply taking in the activity of downtown Traverse City. Parking and storage are another real advantage. The deep attached one-car garage provides room for a vehicle, bikes and recreational gear, and this unit also includes space for two additional vehicles parked tandem outside—a parking setup unique within the association. The association requires a minimum one-year rental term, helping preserve a quieter, more residential atmosphere while still offering the flexibility of long-term rental use. Whether you are looking for a year-round residence or a low-maintenance Northern Michigan getaway, this condo offers a hard-to-beat combination of location, comfortable living space, outdoor space, storage, and parking just steps from downtown Traverse City.

701 E State Street Unit #D, Traverse City

$599,000
3 Beds 3 Baths 1949629 MLS Northwind Condominiums BLDG.
Highly Desirable End Unit • Lake Access • TART Trail Enjoy an exceptional Traverse City lifestyle in this highly coveted condominium at North Wind Condominiums, ideally situated just steps from Boardman Lake. With deeded lake access and the TART Trail literally out your door, you can head out for a morning walk or bike ride, launch a kayak or paddleboard, or follow the trail toward downtown Traverse City for dining, shopping, beaches, and entertainment. This thoughtfully designed 3-bedroom, 2.5-bath home offers approximately 1,454 square feet of comfortable living space. The main floor features wood flooring, 9-foot ceilings, and an open layout filled with natural light, and a convenient half bath/powder room for guests. The kitchen offers granite countertops and a convenient breakfast bar, opening to the dining and living areas. A gas fireplace adds warmth and charm for those cooler Northern Michigan seasons. A special feature of this end unit is the private outdoor patio just outside the dining room door—an inviting spot for morning coffee, outdoor dining, entertaining, or simply relaxing in your own tucked-away outdoor space. Upstairs are three bedrooms, two baths, and convenient upper-level laundry. The primary bedroom/ensuite includes a private bath and walk-in closet. A finished attached two-car garage provides excellent space for vehicles, bikes, kayaks, and all your Up North gear. Natural gas, central air, municipal water and sewer, along with association-provided lawn care and snow removal, make for easy, low-maintenance living. With Boardman Lake, the TART Trail, downtown Traverse City, beaches, restaurants, and recreation close at hand, this home offers a wonderful combination of location, lifestyle, and convenience.

990 Lake Ridge Drive Unit #8, Traverse City

$569,900
3 Beds 3 Baths 1949393 MLS Holiday East BLDG.
Welcome to four-season living in Holiday Hills—where outdoor adventure meets the comfort of a beautifully updated home. Ideally located at the top of Mt. Holiday, this 3-bedroom, 2.5-bath home offers exceptional access to skiing, hiking, and year-round recreation, with neighborhood trails leading directly to Mt. Holiday Ski Resort. The Woodland Preserve is literally in your backyard, creating a peaceful, private setting surrounded by trees, wildlife, and the beauty of Northern Michigan—all just minutes from downtown Traverse City. Thoughtfully renovated and lovingly curated over the past three years, this home is truly move-in ready. Updates include a beautifully renovated kitchen with new appliances, renovated 2.5 bathrooms, new main-floor washer and dryer, new flooring, new carpet, fresh paint throughout, recessed lighting, removal of popcorn ceilings, a newly finished walk-out lower level, new water heater and water softener. Every space has been refreshed with comfort, function, and style in mind. The main living area features a cozy fireplace and peaceful wooded views, while the expansive private back deck stretches the full length of the home—creating a treehouse-like retreat for morning coffee, summer entertaining, or relaxing after a day on the slopes. The finished walk-out lower level provides valuable additional living space with a second fireplace and room for movie nights, games, guests, or a home office, plus generous unfinished storage. With skiing and tubing in winter and hiking, zip-lining, and other outdoor recreation throughout the warmer months, this is a rare opportunity to enjoy a true four-season lifestyle without sacrificing convenience. A quiet cul-de-sac, private wooded setting, extensive recent updates, and direct access to Mt. Holiday make this a special Traverse City home ready to enjoy from day one.

3552 Lookout Point, Traverse City

$595,000
1949365 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.

723 Lake Avenue, Traverse City

$595,000
1949262 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.

723 Lake Avenue, Traverse City

$589,000
4 Beds 4 Baths 1949080 MLS Holiday Hills BLDG.
Set on an irreplaceable lot in family-friendly Holiday Hills, built by a prominent local builder for his own family, this 4 bedroom/3.5 bathroom home is on the market for the first time. Custom details and extensive built-in cabinetry show throughout the 3,051 sq.ft. home. A bright double-height great room welcomes gathering and entertaining, with vaulted ceilings, arched windows, and a gas fireplace. Hardwood floors run through the eat-in kitchen and dining area, framed by oak cabinetry and overlooking the wooded yard, with sliding glass doors to the large back deck. The main-floor primary suite is generously sized, with its own door to the deck, a walk-in closet, and a private bath with dual vanities and a tiled glass shower. The laundry room and powder room sit just off the mudroom for ease of living. Upstairs, two more vaulted bedrooms feature built-in bookcases and desk nooks and share a double-vanity bath. The finished walkout lower level has a separate entrance and a spacious family room anchored by a stacked stone fireplace, along with a second kitchen, a fourth bedroom with built-in bookcases, a full bath, and an oversized flex room ready for play, hobbies, or a home gym. Mt. Holiday is your next-door neighbor, with year-round recreation including skiing, biking, and hiking. The VASA Pathway and TART trail systems put hundreds of miles of riding, running, and Nordic skiing at your doorstep, and downtown Traverse City and East Bay beaches are just minutes away. The furniture is virtually staged for illustrative purposes.

3490 Village Circle Drive, Traverse City

$600,000
2 Beds 2 Baths 1948661 MLS Lake Ridge Condominiums BLDG.
Welcome to carefree waterfront living on beautiful Boardman Lake. This spacious, one-level condominium offers 2 bedrooms, 2 bathrooms, and nearly 1,400 square feet of thoughtfully designed living space in one of Traverse City’s most desirable locations. As you step inside, you’re welcomed by an open floor plan featuring generous living and dining areas, a cozy gas fireplace, and plenty of natural light. The kitchen’s center island makes meal prep and entertaining easy, while the seamless layout creates a warm and inviting atmosphere. The primary suite provides a peaceful retreat with a private bath and walk-in closet, and the second bedroom offers flexibility for guests, family, or a home office. Step outside onto your private balcony and enjoy beautiful views of Boardman Lake. Whether you’re sipping your morning coffee or relaxing at the end of the day, it’s the perfect place to unwind. Residents enjoy approximately 700 feet of shared lake frontage, a private beach area, dock access, and direct connections to the TART Trail. From here, you’re just a short walk or bike ride to downtown Traverse City, where you’ll find shopping, dining, entertainment, and year-round events. Additional features include a secure, elevator-served building, handicap accessibility, central air conditioning, an underground heated garage, and a private storage room. If you’ve been looking for low-maintenance living with the perfect combination of waterfront beauty and downtown convenience, this Boardman Lake condo is ready to welcome you home.

1011 Lake Ridge Drive Unit #201, Traverse City

$559,000
4 Beds 3 Baths 1948546 MLS Birmley Hills Estates BLDG.
Quality craftsmanship and thoughtful design define this beautifully maintained ranch home, completed in 2005, offering approximately 2,600 finished square feet of comfortable living space. Featuring 4 bedrooms, 3 baths, a finished walkout lower level, and an attached 2-car garage, this home combines timeless finishes with modern amenities. Rich Brazilian cherry hardwood flooring flows throughout the living room, dining area, kitchen, and versatile third bedroom, where elegant French doors create the perfect home office, den, or guest space. The inviting living room is centered around a cozy gas fireplace and enhanced with built-in surround sound throughout the home for an exceptional entertaining experience. The well-appointed kitchen showcases Silestone countertops, a convection microwave, abundant cabinetry, and convenient access to the low-maintenance composite deck featuring a gas hookup for grilling, all overlooking the beautifully landscaped, private backyard—an ideal setting for morning coffee, summer gatherings, or simply relaxing. The primary suite offers a private three-quarter bath, while heated floors in all three bathrooms add an everyday touch of luxury. A second bedroom and full bath complete the main level. The finished walkout lower level offers exceptional flexibility with a spacious family and recreation room, fourth bedroom, full bath, and direct access to the patio, creating the perfect space for guests, hobbies, or extended living. Additional highlights include double-insulated windows, central air conditioning, hot and cold water in the attached garage, a 220-volt outlet in the lower-level utility room, add. electric heat in LL, gutter guards for easy maintenance, generous storage, quality construction throughout, and a thoughtfully designed floor plan that balances comfort with functionality. Offering thoughtful upgrades, exceptional craftsmanship, and a peaceful private setting, this move-in-ready home is ready to welcome its next owners.

1168 Birmley Estates Drive, Traverse City

$534,900
3 Beds 2 Baths 1948182 MLS
Exceptional Builder/Developer Opportunity or Personal Estate! Over 8 Acres plus a home or guest house. Welcome to this uniquely designed two-story residence nestled in the sought-after Garfield Township, sitting atop a scenic countryside ridge. Located just 15 minutes or less from schools, medical facilities, downtown, lakes, this property is ideally situated on the south side of Traverse City for easy commutes. The remarkable 910 Rusch View Ridge features a private, quality built, 2 by 6 frame home surrounded by wildlife & natural beauty. The walk-in level includes a mudroom/entry, a generous bedroom & a bathroom equipped with a walk-in tiled shower. The bedroom, which boasts built-in cabinetry, can be reimagined to create extra space for another bedroom, a rec room, a hobby studio, home office, workout area or it could be a in-law suite or a design-sales center. Access the oversized two-stall garage from the entryway, which also includes bonus space & bulk storage racks (660 sq ft). A staircase ascends to the upper level, where you will find an open floor plan featuring an island kitchen, great room w/built-ins, 2 bedrooms, & a large bath walk-in closet. This level also accommodates the laundry area & two walk-in closets/pantries. Stepping outside, the views are nothing short of breathtaking. The expansive parcel includes a wooded area, newer storage barn, chicken coop, raised gardens, fruit trees, & a fire pit. With over 8 acres at your disposal, there is potential to subdivide the parcel for additional homes or build a second residence while utilizing the original as a guest house or rental property. This property is ideal for those looking to divide the land for new developments, construct a dream home with a guest house, or simply relish the existing home & surroundings, complete with wooded trails, & serene, starry nights. All measurements & details are considered reliable but are not guaranteed. Buyer to verify all details. Agent related to the seller.

910 Rusch View Ridge, Traverse City

$599,000
4 Beds 3 Baths 1947951 MLS Na BLDG.
Tucked on the west side of Traverse City, this move-in ready home offers the best of both worlds: a peaceful, out-of-town setting just five minutes from downtown & the beach. The 1.21-acre lot features a large grassy yard backing up to mature trees, giving the property a true northern Michigan feel while keeping schools, grocery stores & everything else close at hand. Inside, nearly 2,600 finished square feet are laid out for easy living with high end finish choices throughout, including all custom cabinetry (including the bathrooms), beautiful quartz counter selections in the kitchen in bathrooms and timeless tile selections. An ideal floor plan with the primary suite & laundry on the main level alongside two additional guest bedrooms & a full bath. The kitchen is a natural and beautiful focal point of the home, with custom cabinets, a large island, beautiful tile backsplash and stainless steel appliances. Desirable open concept kitchen/dining with a glass slider off the dining space, allowing for plenty of natural light. The primary suite is spacious with a walk-in closet and luxurious-feeling bathroom complete with tiled walk-in shower and double vanity. Sought-after layout with the primary suite on one side of the house and two guest bedrooms + full bathroom on the opposing side of the house. The basement, finished in 2023 to match the same quality & finish level as the main floor, feels like a natural extension of the home. It includes a custom bar & built-ins a spacious living area, a fourth bedroom, a full bathroom & a dedicated home office. Outside, a back deck overlooks the grassy yard, offering plenty of room for kids to play or a garden to grow. Well-maintained & thoughtfully finished throughout, this is a rare opportunity to have space, privacy & convenience all in one place. A trailhead for the Hickory Meadows trail system is just 0.4 miles down the road.. connecting you to an expansive network of trails for year round recreation!

5404 Barney Road, Traverse City

$565,000
3 Beds 3 Baths 1947736 MLS Hills Of Huellmantel BLDG.
Welcome to the Hills of Huellmantel and the opportunity to own a Quick Ready home by Rock Creek Homes. Move in Ready in March 2027! This beautifully crafted Maple floor plan is already under construction, allowing you to move into a brand-new home sooner while still personalizing many of the finishes. Structural selections have been established, but there's still time to choose your siding, shingles, flooring, paint colors, cabinetry, countertops, fixtures, and other interior finishes to make the home uniquely yours! Offering 1,696 square feet, this thoughtfully designed home features 3 bedrooms, 2 full bathrooms, an open-concept layout, 9-foot ceilings, a spacious kitchen with a large center island and walk-in pantry, a private primary suite with a walk-in closet and ensuite bath, a full unfinished basement with 9-foot foundation walls, an attached 2-car garage, and a 20' x 16' covered rear deck. Starting at $565,000, the final purchase price will vary based on the buyer's selected upgrades and finish options. Conveniently located just minutes from downtown Traverse City, shopping, dining, and recreation, this home offers the perfect balance of quality craftsmanship, personalization, and a faster move-in timeline. Information deemed reliable but not guaranteed. Buyer and Buyer's agent should independently verify all information. Photos, renderings, and floor plans may depict conceptual or AI-enhanced images and may not reflect final construction.

3541 Angling Way, Traverse City

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