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

$589,000
3 Beds 3 Baths 1946544 MLS Bobbys Place BLDG.
THE BIG-TICKET UPDATES ARE ALREADY DONE! Tucked at the end of a quiet cul-de-sac on a beautifully wooded 1-acre lot, this move-in-ready Long Lake Township home offers the space, privacy and convenience buyers are looking for—without the immediate expense of major projects. Recent improvements include a NEW ROOF, NEW SEPTIC SYSTEM, NEW FURNACE, NEW FLOORING, NEW KITCHEN APPLIANCES, FRESH INTERIOR PAINT, NEW DECK and NEW GARDEN SHED. Inside, 2,248 sq. ft. of finished living space offers 3 bedrooms, 2.5 baths and a bright, comfortable floor plan with plenty of room to gather and entertain. The unfinished lower level adds valuable storage and exciting potential for future living space—whether you envision a family room, home gym, office, hobby space or something entirely your own. Outside, mature trees and beautiful landscaping create a peaceful setting with room to breathe. Spend summer evenings on the new deck, gather around the fire pit or simply enjoy the privacy of having an acre of your own. And the location delivers the best of both worlds: the peaceful setting and lower taxes of Long Lake Township while remaining just minutes from downtown Traverse City, beaches, trails, shopping, dining and recreation. ONE ACRE. QUIET CUL-DE-SAC. MAJOR UPDATES COMPLETE. MOVE-IN READY. If you’ve been waiting for a Traverse City-area home where you can spend your time enjoying it instead of tackling a long list of projects, 9643 Pattys Lane is ready for you.

9643 Pattys Lane, Traverse City

$580,000
3 Beds 2 Baths 1946400 MLS Treesong BLDG.
Feel the fresh air in this beautifully crafted 2024 ranch nestled in the woods of Traverse City, offering the perfect blend of modern luxury and peaceful Up North living. With 3 bedrooms, 2 full bathrooms, and 1,580 square feet of thoughtfully designed main-level living space, this home delivers both comfort and convenience. Discover engineered hardwood flooring throughout and an open-concept layout enhanced by soaring vaulted ceilings and abundant natural light streaming through oversized windows. The stunning kitchen is the heart of the home, featuring elegant marble countertops, a stylish tile backsplash, a spacious center island, and plenty of room for gathering and entertaining. The private primary suite offers a spa-like retreat with a step-in full tile shower and granite double vanity. Everything you need is conveniently located on one level, making everyday living effortless. The unfinished lower level provides an additional 1,580 square feet—perfect for storage, a home gym, recreation space, or future finished living area tailored to your needs. It is plumbed for a full bath and has egress windows. Outside, enjoy the paved patio trimmed with exposed aggregate just off the kitchen, ideal for relaxing or entertaining while taking in the peaceful wooded surroundings and private northern Michigan atmosphere. A 2-car attached garage completes this exceptional property. Modern finishes, quality craftsmanship, and a serene natural setting make this Traverse City ranch a must-see!

1857 Cascade Trail, Traverse City

$535,000
2 Beds 3 Baths 1945963 MLS Bay Park 1 Condominium BLDG.
Welcome to downtown Traverse City living at its finest. Ideally situated between F&M Park and Sunset Park Beach, this beautifully maintained 2 bedroom, 2.5 bath townhome style condominium offers the perfect blend of convenience, comfort, and investment potential. Approved for nightly and weekly short term rentals, this property offers excellent flexibility as a personal getaway, full time residence, or income producing investment. Whether you are looking to offset ownership costs with rental income or enjoy a downtown retreat of your own, this condo provides a rare opportunity in one of Traverse City's most desirable locations. The thoughtfully designed two story floor plan features an open concept kitchen, dining, and living area that flows seamlessly to a private balcony where you can enjoy distant views of Grand Traverse Bay. Upstairs, the spacious primary suite offers a private balcony, generous closet space, and an en suite bath, creating the perfect retreat after a day of enjoying all that Traverse City has to offer. Located directly across the street from F&M Park and Sunset Park Beach and just steps from the TART Trail, this exceptional location allows easy access to walking and biking trails, beaches, restaurants, pubs, shopping, medical facilities, and all the amenities of downtown Traverse City. Whether you are looking for a vacation home, an investment property, or a place to enjoy the best of Northern Michigan living, this condo offers it all.

100 Hope Street Unit #209, Traverse City

$545,000
5 Beds 2 Baths 1945881 MLS West Side BLDG.
A Century of Memories in the Heart of Slabtown. For more than 100 years, this home has been part of the same family's story. Lovingly cared for by multiple generations, 1026 W Front Street is now ready for its next chapter, and for a new owner to make it their own. Located in the heart of Traverse City's beloved Slabtown neighborhood, this 5-bedroom, 2-bath home offers more than 2,000 square feet of living space and a location that is simply hard to beat. Just a short walk from downtown, you'll enjoy easy access to restaurants, coffee shops, boutiques, beaches, parks, and the TART Trail. Slabtown has long been one of Traverse City's most sought-after neighborhoods, known for its tree-lined streets, historic homes, strong sense of community, and proximity to everything that makes Traverse City special. Inside, you'll find spacious rooms, beautiful original woodwork, tall ceilings, and the kind of character that can only come from a home that has stood the test of time. The generous floor plan includes five bedrooms, two full baths, large gathering spaces, and plenty of room for family, guests, hobbies, or a home office. Whether you're drawn to the home's rich history, its timeless character, or the opportunity to bring your own vision to a truly special property, opportunities like this rarely come along. After a century in one family, this Slabtown landmark is ready to welcome its next generation of memories.

1026 W Front Street, Traverse City

$579,000
2 Beds 2 Baths 1945594 MLS Grand Traverse Commons BLDG.
NEW PRICE — $585,000! A remarkable new value at The Village at Grand Traverse Commons. Now offered below $600,000, this fully furnished, short-term-rental-approved residence presents an exceptional opportunity to own in one of Traverse City’s most iconic and architecturally significant destinations. Soaring ceilings, expansive windows, preserved architectural details, and thoughtfully selected contemporary finishes create a home with character and a sense of place you simply won’t find in a typical condo. The thoughtfully designed floor plan features a true primary bedroom plus a versatile secondary non-conforming bedroom, ideal for guests, a private office, or additional lounge space. Beyond the residence itself is the lifestyle that makes The Village so special. Step outside your door to award-winning dining, artisan cafés, boutique shopping, wellness studios, hiking and biking trails, vineyards, and year-round events, all just minutes from downtown Traverse City and the shores of West Bay. Whether you’re searching for a distinctive primary residence, an easy lock-and-leave Northern Michigan retreat, or a furnished investment property with short-term rental approval, this residence offers an extraordinary combination of historic character, modern luxury, flexibility, and location. Now offered at $585,000, this is an opportunity worth another look.

810 Cottageview Drive Unit #302, Traverse City

$595,000
4 Beds 3 Baths 1945131 MLS Perry Hannah's 1st Add BLDG.
Rare downtown Traverse City opportunity: historic character, three legal units, and serious flexibility—all in one exceptional property.Tucked into one of Traverse City’s most desirable downtown neighborhoods, 214 W Tenth Street is a truly uncommon offering: a grandfathered three-unit property that combines the charm of an 1880 home with the flexibility and income potential of multiple independent living spaces. Whether you're looking for an investment property, a multigenerational home, a live-in-and-rent opportunity, or a distinctive downtown retreat, this property gives you options that are increasingly difficult to find in Traverse City. The main-floor residence welcomes you with a gracious foyer, original woodwork, doors and hardware, hardwood floors, grand front windows, and a spacious living/dining area. The kitchen includes a comfortable breakfast nook, while two generously sized bedrooms and a full bath complete the main level. Upstairs, two separate private residences provide additional flexibility. The front apartment features hardwood floors, a spacious bedroom, full kitchen, living area, and bath. The rear apartment enjoys its own entrance along with hardwood floors, an updated kitchen, living space, large bedroom, walk-in closet, and full bath. A lower-level bonus area with both front and rear access provides valuable storage and flexible finished space, including laundry, built-in cabinetry, a large closet, and room that can serve as a den, hobby space, library, or guest overflow. Outside, the property becomes even more compelling. A detached three-car garage, professionally landscaped grounds, covered porch, and fully fenced backyard are rare amenities this close to downtown. Enjoy immediate proximity to the freshwater beaches on Grand Traverse Bay, the acclaimed vineyards of the Old Mission and Leelanau Peninsulas, and the breathtaking Sleeping Bear Dunes National Lakeshore.

214 W Tenth Street, Traverse City

$515,000
3 Beds 3 Baths 1944970 MLS Woodwinds Condominiums BLDG.
Tucked into the trees at the gateway to Leelanau County and adjacent to the TART Trail, this beautifully updated condo offers the perfect blend of privacy, convenience, and easy main floor living. Recent renovations include an updated kitchen featuring maple cabinetry, Corian countertops, skylight, pantry storage, and newer mechanicals including furnace, air conditioning, and hot water heater in 2021. The inviting living room is anchored by a natural fireplace and filled with warm natural light. The spacious primary suite offers abundant closet space, a sunny southern exposure, and an ensuite bath enhanced with sun tubes for added brightness. Enjoy peaceful mornings and relaxing evenings from the lovely screened-in porch overlooking woods and frequent wildlife sightings, creating a truly serene Northern Michigan setting. The attached two-car garage is uniquely oversized for Woodwind Circle, built two feet deeper than others in the development for exceptional storage and functionality. The finished walkout lower level boasts soaring ceilings and exceptional versatility with a cozy gas fireplace, large third bedroom, full bath, wet bar, expansive family room with office space, off-season storage closet, and generous additional storage in the mechanical room. Coveted location just minutes from Traverse City, with quick access to recreation, dining, shopping, and all the beauty of Northern Michigan.

12055 S Woodwinds Circle Unit #28, Traverse City

$575,000
3 Beds 2 Baths 1943600 MLS Meets & Bounds BLDG.
Nearly 10 Private Acres | 5 Minutes to Downtown Traverse City Rare opportunity to enjoy nearly 10 acres of privacy while being just 5 minutes from downtown Traverse City, Munson Medical Center, Grand Traverse Bay, shopping, dining, and recreation. Tucked well off Cedar Run Road, this spacious stick-built ranch offers a peaceful Northern Michigan setting with over 2,000 square feet of living space, 3 bedrooms, 2 baths, and large comfortable rooms. The home features fresh interior paint, updated flooring, granite countertops, and a butcher block kitchen island. The kitchen opens to multiple living and gathering spaces, providing plenty of room for everyday living and entertaining. The spacious primary suite includes an enclosed jetted shower system. A standout feature is the 30' x 30' finished and heated oversized garage, offering excellent space for vehicles, storage, hobbies, or a workshop. The property also includes a fenced area near the garage for pets. Enjoy the quiet setting from the front porch and take advantage of the privacy, open space, and dark Northern Michigan skies that come with nearly 10 acres. Electrical service is available at the rear deck for a future hot tub, and both gas and electric hookups are available for the stove and dryer. The seller will replace the damaged garage door panel prior to closing. If you've been searching for Traverse City acreage, a private country setting close to town, or a home with room to spread out, 9190 Cedar Run Road deserves a look.

9190 Cedar Run Road, Traverse City

$599,000
1937357 MLS Village At Gt Commons BLDG.
Prime Office Space for Sale in the Iconic Grand Traverse Commons – Updated, Light-Filled, and Move-In Ready! Don’t miss this rare opportunity to own a beautifully updated commercial office space in the heart of the historic Grand Traverse Commons in Traverse City, Michigan. Surrounded by boutique shops, cafes, restaurants, breweries, wineries, hiking trails, and the peaceful botanical gardens, this space offers the perfect blend of functionality, character, and location. This expansive office suite features 7 private offices, a large open bull-pen area with all new cubicles and stand-up desks included, a conference room, reception area, and a kitchenette—making it ideal for businesses looking for a turnkey setup. Since 2022, the space has been thoughtfully updated with: New carpet, Refinished hardwood floors, Fresh paint throughout, New dishwasher, and all-new cubicle systems and furniture. Massive 8-foot windows flood the space with natural light, creating an inspiring and productive work environment. Enjoy the convenience of free onsite parking, a rare find in such a central and walkable location. Currently configured with one tenant occupying only 400 square feet—this property offers flexibility for owner-users or investors seeking rental income. Note: HOA regulations allow residential use only on upper levels, so this space must remain commercial. Whether you're expanding your business, relocating to a destination location, or looking for a strong investment property in a high-demand area, this Grand Traverse Commons office suite is a truly unique offering.

830 - 102 Cottageview Drive Unit 102, Traverse City

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Between $500K - $600K Traverse City Real Estate

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