Browse All Traverse City MI Above $5 Million Properties for Sale

1946385 MLS ⋅ Cherryland Center BLDG.

High-visibility commercial property located in the Cherryland Center at the prominent corner of Garfield Avenue and South Airport Road. This 101,386 square foot commercial building offers exceptional flexibility for a wide range of experience, entertainment, recreational, warehouse, automotive, or redevelopment opportunities. Part of the building has a long-term lease in place with K1 Speed, the property also offers extensive additional space for leasing, owner occupancy, or redevelopment. Designed to accommodate high-capacity experience operations, the facility features 20-foot ceilings and a functional layout that includes multiple semi and shop bays. Infrastructure highlights include three 10-foot overhead doors and one 8-foot overhead door in the semi bays, along with a separate shop area offering one 12-foot overhead door and six additional 10-foot overhead doors, providing excellent access, workflow efficiency, and adaptability for a variety of uses. The property offers 459 on-site parking spaces, strong surrounding experienced business synergy, and outstanding visibility along one of Traverse City's busiest commercial corridors. A rare opportunity to acquire a highly adaptable commercial asset in a premier location with significant long-term value and redevelopment potential.

1212 W South Airport Road, Traverse City

$5,000,000

30 Beds ⋅ 30 Baths ⋅ 1945832 MLS ⋅ Hamilton Place BLDG.

LOCATION! TURNKEY! Hamilton Place is a collection of 15 newly constructed townhomes completed in 2025. This is a truly turnkey hospitality-focused development in the heart of Traverse City! The property offers on-site parking and an exceptional shared outdoor experience featuring an outdoor kitchen grilling area, two easy-start fire pits with lounging spaces, and a pergola-covered dining area designed for gathering and entertaining. Ideally located near the base of Old Mission Peninsula, Hamilton Place is just a short walk to Bryant Park and the Civic Center, and only minutes from downtown Traverse City and the Cherry Capital Airport. Inside, each townhome is thoughtfully designed with a fully equipped kitchen, in-unit washer and dryer, two bedrooms, and two full bathrooms. The property comes complete with high-end commercial-grade furnishings and all essential housewares, including cookware, dishware, and more. Additional highlights include LP SmartSide siding, Marvin casement windows with blinds, glass-enclosed tiled showers, heated bathroom floors, individual climate control units in each bedroom and the main living area, smart TVs throughout, and a designated parking space for each townhome, plus ample overflow parking along Hamilton Street. An established professional rental management program is already in place, offering immediate income potential and a seamless ownership experience. The development includes one 5-unit building, one 4-unit building, and two 3-unit buildings, each with its own distinct design aesthetic and finish selections. Notably, many guest reservations are for entire buildings rather than individual townhomes, creating exceptional flexibility for group travel, retreats, weddings, corporate stays, and larger gatherings. The quality, craftsmanship, and hospitality-driven vision behind Hamilton Place truly set it apart. Rare opportunity to acquire a distinctive luxury property in Traverse City!

305 Hamilton Street, Traverse City

$5,549,000

6 Beds ⋅ 7 Baths ⋅ 1938310 MLS ⋅ Metes And Bounds BLDG.

Nestled on the coveted Old Mission Peninsula, this majestic equestrian estate offers breathtaking, panoramic views of East Bay. Just a short distance from one of Michigan's most pristine beaches, this one-of-a-kind property combines luxury, functionality and natural beauty. The home is replete with distinctive, custom amenities, beginning with rich African Teak wood flooring, heated marble floors and custom moldings throughout. Fireplaces grace each level of spacious living rooms adding warmth and charm. The gourmet kitchen, complete with large walk-in pantry, a cozy eat-in nook and attached family room serves as the heart of the home. The adjacent dining room sets the stage for elegant entertaining. This estate offers an abundance of spaces for work, leisure and relaxation. The luxurious primary suite boasts a private sitting area, dual vanities, soaking tub, a spacious walk-in closet, laundry area and a private wrap around balcony overlooking the bay. Perfect for sun and moonrises over the water. The expansive walkout lower floor offers additional living and recreational spaces ideal for hosting gatherings as the doors open to patios and a level backyard lawn. Also included on this level are the theatre room, sauna, large marble steam room, billiards room/bar area, additional office space, indoor sports court, laundry and a large bonus room. Set amid a mature vineyard and apple orchard. This estate is designed for equestrian enthusiasts with a 21 stall barn equipped with living quarters and indoor arena. 3 Ramm-fenced paddocks with run-ins and an additional seven large paddocks. A separate 3 stall stable with fenced pastures is in the northeast corner of the property and provides additional space for horses. Includes a market stand and 3 custom made chicken coops. The versatile potential for horse training, boarding and winemaking makes this a rare to find estate and once-in-a-lifetime opportunity in a highly sought after location.

3888 Swaney Road, Traverse City

$4,757,388

4 Beds ⋅ 7 Baths ⋅ 1934716 MLS

The name says it all-Beautiful Shores. This extraordinary property offers 150' of private West Grand Traverse Bay frontage with a beautiful sandy beach and sweeping west-facing views of Power Island and unforgettable sunsets. A true reflection of everything Traverse City has to offer. Set on an acre with incredible privacy, this 6300-square-foot Craftsman-style home was built by one of the areas top builders and exudes warmth, quality and character throughout. With four very sizable bedrooms, ensuites in the lower level and a jaw dropping master bath on the main floor the layout is functional and inviting. The closet space in this home is exceptional with solid built-ins in each of them. The heart of the home is a gourmet kitchen quipped with high-end appliances and top of the line timeless cabinetry. Just off the kitchen prepare to be in love with this thoughtfully designed multi-purpose mudroom, laundry room and a dedicated homework zone-perfect for the busy family. The lower level has a second laundry room, workout room and wet bar along with a comfortable and inviting family living space. Enjioy the ease of the elevator that goes to all three floors for convenience and generational assistance. "Above the garage, a private guest apartment-perfect for visiting family or in-laws, offers a full kitchenette, a spa like bath, and elevator access. A quiet space to make coffee, unwind and recharge after along day on the beach." Walls of windows flood the home with natural light and frame captivating views of the blue water. Outdoors, enjoy the lush, mature landscaping and a quiet, private drive with stone pillars-ready for a gate if added privacy is desired. A rare and coveted amenity: the added in-ground pool that overlooks West Bay, allowing you to swim and soak in the views. This once in a generation offering on one of Traverse City's most desirable shorelines. And those Sunsets!!!!

935 Beautiful Shores, Traverse City

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