East Carter Road

1,829,520 / 42
Lot Size / Acres

Description

This is a fantastic development opportunity on the rolling slopes of Morgan Farms! There are 42 acres available with access to both M-72 and E Carter Rd. 66 single family home lots have been preapproved in a Phase II Hilltop residential development. This truly unique property boasts fabulous views of both the city skyline and West Grand Traverse Bay in one of the last available tracts of land at this scale in the area. This location has mostly high and dry land populated by mature maples and red...This is a fantastic development opportunity on the rolling slopes of Morgan Farms! There are 42 acres available with access to both M-72 and E Carter Rd. 66 single family home lots have been preapproved in a Phase II Hilltop residential development. This truly unique property boasts fabulous views of both the city skyline and West Grand Traverse Bay in one of the last available tracts of land at this scale in the area. This location has mostly high and dry land populated by mature maples and red pines. Enjoy the rural setting while being within biking/walking or five-minute drive of downtown Traverse City with terrific shopping/dining/entertainment, schools, hospital, and year-round festivals. Available utilities include municipal water/sewer, electric, natural gas, and cable.
  1. Listed by Mark D Hagan • Coldwell Banker Schmidt Traver
    P: (231)-929-7985 C: (231)-929-7985 info@markhagan.com

Property Details for East Carter Road

Subdivision Name
Morgan Farms Phase II
Waterfront
No
Zoning Description
Site Condominium
LISTING UPDATED: 08/12/2025 11:13 PM

Property Details for East Carter Road

StatusClosed
MLS #1308249
Days on Market126
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size42.00 AC
CountyLeelanau County

Location

Listing Courtesy of Coldwell Banker Schmidt Traver

Sold By Coldwell Banker Schmidt Traver

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Building Information for East Carter Road

Lot Size42.00 AC

Payment Calculator

$5,029 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,029

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for East Carter Road

Summary
Location and General Information
  • Directions: From M-22/M-72 junction (Tom's Market West Bay), follow M-22 north to left on E Carter Rd to Morgan Farms on left or follow M-72 west to Morgan Farms entrance on right
  • Latitude: 44.78380009
  • Longitude: -85.65309114
  • MLS Area Major: Traverse City (28021)
Taxes and HOA
  • Parcel Number: 51-350-001-02
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Property
Lot Information
  • Lot Features: Sloped, Wooded
  • Lot Size Acres: 42.0
Property and Assessments
  • Property Type: Land
  • Raw Mls Latitude: 44.7729
  • Raw Mls Longitude: -85.664
  • Raw Mls Lot Size: see docs
  • Raw Mls Modification Timestamp: 09-12-2022 03:16:59 PM
  • Raw Mls Property Sub Type: Vacant Land
Utilities
  • Utilities: Electricity Available, Sewer Available, Water Available, Sewer Not Available

Property History for East Carter Road

DateEvent & SourcePriceAppreciation
Jun 17, 2026

Temporarily Off Market

MiRealSource #80065064

Jan 27, 2026

Listed (Active)

MiRealSource #80065064

$2,500,000
Jan 27, 2026

Temporarily Off Market

MiRealSource #80053148

$2,500,000
DateEvent & SourcePrice
06/17/2026

Temporarily Off Market

MiRealSource #80065064

01/27/2026

Listed (Active)

MiRealSource #80065064

$2,500,000
01/27/2026

Temporarily Off Market

MiRealSource #80053148

$2,500,000

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

Schools near East Carter Road

This home is within Traverse City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Willow Hill Elementary School
PublicPK to 5

West Middle School
Public6 to 8

West Senior High
Public9 to 12

Tcaps Montessori School
PublicPK to 8

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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Listing Courtesy of Coldwell Banker Schmidt Traver

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