2150 Carroll Road, Traverse City, MI 49686

$540,000

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Sold Price
$540,000
List Price
$549,000
Closing Date
Apr 18, 2025
Days on Market
36
Status
SOLD CO-OP MEMBER
MLS#
1931081
Lot Size (Acres)
10.3

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 or duplex 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.

Additional Information

Building Name
Metes And Bounds
Amenities
None
Exterior Features
Sprinkler System
View
Countryside View
Utilities
Electricity Available, Cable Internet, WiFi
Water
Private, Community Well
Sewer
None
School District
Traverse City Area Public Schools

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Calculator source: Real Geeks

Listing Courtesy of Aurora Realty Services, LLC. 231-223-5006

Selling Office: The Mitten Real Estate Group.