REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 549,000
Est. payment | /mo
10.3 Acres Lot
$ 549,000
Est. payment | /mo
10.3 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 1931081
Lot Size 10.300 Acres
Acres 10.3
Lot Dimensions 435x736x298x765x740
Property Sub-Type Vacant Land
Property Description
Attention developers, equestrians, farmers and current Old Mission Peninsula Residents! Opportunity to acquire a 10+ acre property with development rights intact, zoned A-1 Agricultural in the heart of OMP. No conservation easement, no Purchase Development Rights program. Lots of use cases for this versatile property. Build one single family home by right or pursue more density with township and develop Old Mission Peninsula's next premier neighborhood. Build your dream equestrian paradise on Old Mission, or consider home occupation prospects if homesteaded. An existing Special Use Permit runs with the land and allows lavender processing and nursery use, but can be removed at buyer’s discretion. This property is uniquely positioned to continue vested use rights as the closest lavender farm to downtown Traverse City. Existing storefront acts as a retail store to exhibit your farm products and processed goods. Current use is Lightwell Lavender Farm - where local lavender is grown, processed, you-picked, and sold on-site. Over 2 acres of mature English and French lavender with a well, electric, and irrigation. Offers countryside views, approximately 6,000 lavender plants, darling retail building with electricity and a 366 ft. private well which supplies the sprinkler system at 30 gallons per minute. Pole building is 24 feet by 24 feet. New 2024 Submersible pump controller. Well pump inspected and in good working order. MAEAP Certified farm. An additional, irrigated garden is established on former pasture land near the shop, and could continue to serve as garden allotments or expansion of you-pick offerings at the farm. Consider pursuit of agricultural and/or homestead tax exemptions not currently in place. Development requires township approval. Seller is licensed real estate agent in Michigan.
Location
State MI
County Grand Traverse
Area Peninsula Twp (28011)
Zoning Agricultural
Building
Lot Description Rolling/Hilly, Sloping
Water Community Well
Schools
School District Traverse City Area Public Schools
Others
Ownership Corporation
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by All Non Member Activity
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty