Sold
Last Sold Price
113,691 Lot Size2.61 Acres
2088 Phelps Road, Traverse City, MI 49686
LandProperty Type
2.61 acresLot Size

Description

A once-in-a-generation offering - 253 feet of private, direct West Bay frontage on Old Mission Peninsula. Very few parcels remain with this much untouched frontage - this is a fantastic opportunity to bring your vision and dreams to create your own ideal retreat from scratch. Building restrictions are limited to Peninsula Township regulations; Phelps road is extremely private, and this section is publicly maintained by Grand Traverse County - there are no private road agreements, and maintenance...A once-in-a-generation offering - 253 feet of private, direct West Bay frontage on Old Mission Peninsula. Very few parcels remain with this much untouched frontage - this is a fantastic opportunity to bring your vision and dreams to create your own ideal retreat from scratch. Building restrictions are limited to Peninsula Township regulations; Phelps road is extremely private, and this section is publicly maintained by Grand Traverse County - there are no private road agreements, and maintenance is guaranteed. Please note that waterfront cannot be split, but additional acreage across the road easement may be eligible for a split/resale in the future.
Listing closed: 03/07/2025 12:00 AM • Source: Realcomp, MLS#: 78080016644

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Recent comparable sales

Median sold price

$235,000

Avg days on market

123

Sale-to-list ratio

88.6%

Traverse City, MI

9 comparable properties found

$1,400,000 | 2088 Phelps Road, Unit PARCEL 4, Traverse City, MI 49686
1/17
1

$1,400,000

Sold 03/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.61
Acres
$197,450 | 15615 Upper Birch Drive, Unit LOT: 39, Traverse City, MI 49686
1/17
2

$197,450

Sold 07/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.43
Acres
$197,450 | 15615 Upper Birch Drive, Traverse City, MI 49686
1/17
3

$197,450

Sold 07/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.43
Acres
$215,000 | Parcel A Peninsula Drive, Traverse City, MI 49686
1/16
4

$215,000

Sold 08/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.26
Acres
$235,000 | 14607 Pyatt Road, Traverse City, MI 49686
1/21
5

$235,000

Sold 05/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.29
Acres
$350,000 | 15111 Smokey Hollow Road, Traverse City, MI 49686
1/22
6

$350,000

Sold 06/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.83
Acres
$400,000 | 2905 Neahtawanta Road, Traverse City, MI 49686
1/30
7

$400,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.3
Acres
$215,000 | 14440 Peninsula Drive, Traverse City, MI 49686
1/12
8

$215,000

Sold 01/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.97
Acres
$560,452 | Swaney Road, Traverse City, MI 49686
1/16
9

$560,452

Sold 10/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
30.25
Acres

Location

Listing Courtesy of CENTURY 21 Northland

Sold By CENTURY 21 Northland

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$8,420 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,474

Property Taxes

$946

HOA Dues

$0

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Property Information for 2088 Phelps Road

Property Details
  • MLS Type: Land
  • Subdivision Name: METES & BOUNDS
  • Waterfront Features: All Sports Lake, Waterfront
  • Waterfront: Yes
  • Zoning Description: Residential
Building Information
  • Lot Size: 2.61 AC
Summary
Location and General Information
  • Latitude: 44.92684
  • Longitude: -85.53331
  • MLS Area Major: Area28011Peninsula Twp
  • Water Body Name: West Bay
Taxes and HOA
  • Parcel Number: 1110902904
  • Tax Legal Description: Very Lengthy - See Attached Suvey
School Information
  • High School District: Traverse City
Property
Lot Information
  • Frontage Length: 253
  • Lot Size Acres: 2.61
  • Lot Size Dimensions: Irreg - See Survey
  • Water Frontage Feet: 253.0
  • Frontage Type: Waterfront
  • Lot Features: Water View
  • Road Frontage Type: Gravel
  • Survey: No
Property and Assessments
  • State Equalized Value: 878500.0
  • Class Name: Land
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 2088 Phelps Road

DateEvent & SourcePriceAppreciation
Mar 7, 2025

Sold

Realcomp #78080016644

$1,400,000—
Nov 12, 2024

Contract Signed

Realcomp #78080016644

—
Apr 18, 2024

Listed (Active)

Realcomp #78080016644

$2,000,000—
DateEvent & SourcePrice
03/07/2025

Sold

Realcomp #78080016644

$1,400,000
11/12/2024

Contract Signed

Realcomp #78080016644

—
04/18/2024

Listed (Active)

Realcomp #78080016644

$2,000,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2088 Phelps Road

Taxable ValueLand-Additions-Total-
Tax Record2025$11,347 ($946 / month)
Home Facts
Beds2Baths1Total Finished SqFt640 SqFtAbove Grade Finished SqFt640 SqFtStories1Lot Size113,692 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900CountyGRAND TRAVERSEAPN11-109-029-04

Schools near 2088 Phelps Road

This home is within Traverse City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 8 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Tcaps Montessori School
PublicPK to 8

Central High School
Public8 to 12

East Middle School
Public6 to 8

Traverse City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2088 Phelps Road, Traverse City, MI 49686
$1,400,000
–
–
–
113,691
$1,400,000
–
–
–
113,691
–
–
1
–
46,174
–
3
2.5
2,386
42,689
–
3
1.5
2,959
19,602
$769,900
3
2,169
47,480

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CENTURY 21 Northland

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 08/03/2025 05:17 AM PST