$ 899,000
-
$899,000
Price -
5
Bed -
3
Bath -
2,438
SqFt
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About the Listing 108960 - NGL-T423608
Set along a quieter stretch of Hoosier Valley Road, this property currently operates as a professionally managed short-term rental, but it functions differently than most Traverse City listings. About 10 minutes outside downtown Traverse City. Close enough for restaurants, events, and waterfront access, but far enough from traffic, density, or neighboring rentals stacked on top of each other. The Kingsley Club, stretches of the Boardman River, and trailheads like Lone Pine, Oleson Bridge, and Keystone Rapids offer up north recreational opportunities just minutes away. Built in 2023 on just over five wooded acres, the layout of this home is built for family, friends, and guests to gather. Five to six bedrooms, multiple gathering areas, and outdoor space that actually gets used. From the road, the house is visible. Once you’re on the property, the living areas face into the woods, and that’s where the experience shifts. The STR structure is already established. Fully permitted, professionally managed, and consistently booked. This isn’t “investment potential.” It’s already performing, with a track record that supports it. One detail that matters more out here than most buyers expect is internet reliability. Starlink is installed and performs well, which removes a common issue for properties in this type of setting. In this part of the market, newer construction on acreage tends to draw a different buyer. Someone who wants a property that’s already set up for group use without inheriting the maintenance curve of an older home. That’s a different profile than in-town rentals, where turnover is higher and management tends to be more hands-on. Historical performance and current booking trends are available for review. Under current management, the property will generate nearly $100K in annual gross revenue. Future performance will vary based on management, owner use, and market conditions.
Listing Highlights
Status
Active
Days on Site
32
Property Type
Residential
MLS ®
80066476
Year Built
2023
Total Square Footage
2,438
Lot/Acreage
5.19
County
Grand Traverse
Neighborhood
None
Area
Blair Twp (28002)
School District
Traverse City Area Public Schools
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Air Cond: Central A/C
- Heating: LP/Propane Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2438
- Below Ground Sq Ft: 0
- Basement: Block
- Other: Walk-In Closet,Window Treatment(s),Skylights
- Water: Private Well
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: See survey.
- Zoning: Residential
- Roof:
- Others: Deck,Porch
- Sewer: Septic
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
1942 Hoosier Valley Traverse City, MI 49685
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