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55 S Hope Ridge

Traverse City, MI 49696
  • $3,500,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 1944464
$3,500,000
  • 0
    BEDS
  • 40.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,383
    SQFT
  • $228
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Description

Just 8 minutes from downtown Traverse City, this exceptional 40-acre property offers endless potential. With 8 homes totaling over 16,000 square feet and 4 large barns, it’s ideal for a variety of ventures—think destination wedding venue, retreat center, boutique resort, private school, or family compound. Capacity to hold over 80 guests! The blend of open fields, wooded privacy, and close proximity to town creates a one-of-a-kind setting for residential, commercial, or creative redevelopment opportunities.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-20T23:51:50.133.
www.housestraversecity.com/homes/175967275
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55 S Hope Ridge Traverse City, MI 49696

  • Price: $3,500,000
  • Status: Active
  • On Site: 20 Days
  • MLS #: 1944464
0
Beds
0
Baths
0
½ Baths
40.39
Acres
15,383
SQFT
$228
$/SQFT
1989
Built
Neighborhood:
Abba's House
County:
Grand Traverse
Area:
Grand Traverse
School District:
Traverse City Area Public Schools
Property Description
Just 8 minutes from downtown Traverse City, this exceptional 40-acre property offers endless potential. With 8 homes totaling over 16,000 square feet and 4 large barns, it’s ideal for a variety of ventures—think destination wedding venue, retreat center, boutique resort, private school, or family compound. Capacity to hold over 80 guests! The blend of open fields, wooded privacy, and close proximity to town creates a one-of-a-kind setting for residential, commercial, or creative redevelopment opportunities.
Exterior Features

Architectural Style OtherRanch Carport YN No Construction Materials OtherFrameVinyl SidingStoneBrickShingle Siding Entry Level 1 Foundation Details Slab Garage YN No Patio And Porch Features DeckPatioPorchScreenedCovered Pool Private YN No Roof AsphaltOther Spa YN No Structure Type Modular/BOCAManufactured/HUD View Countryside View View YN Yes

Interior Features

AApx SQFT 6901 ABdrm 5 Above Grade Finished Area Units Square Feet Accessibility Features Handicap Access/EquipmentHandicap AccessAccessible Doors ALiv Rm Yes Appliances RefrigeratorOven/RangeDishwasherWasherDryerOther BApx SQFT 3211 Basement FullWalk-Out AccessCrawl Space BBdrm 4 Below Grade Finished Area Units Square Feet BKit Yes CApx SQFTCApx SQFT 829 CBdrm 1 CKit Yes Cooling Multi Units Cooling YN Yes DApx SQFT 1190 DBdrm 2 DLiv Rm Yes Fireplace YN Yes Flooring Hardwood Heating Forced AirFireplace(s)Natural Gas Interior Features Cathedral Ceiling(s)Walk-In Closet(s)Kitchen IslandPantryEntrance FoyerWorkshopSolid Surface CountersOtherCable TVHigh Speed InternetWiFi Levels One and One Half

Property Features

AOccupied Yes Association Fee Frequency Annually Business Incl Yes Community Features None Deeded Waterfront No ECOFeatures No Home Warranty YN No Horse YN No Inventory Incl Yes Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN Yes Lease Term Not For Lease Listing Terms ConventionalCash Main Floor Primary Yes New Construction YN No Open Parking YN No Other Structures Pole Building(s)Barn(s)Stable(s) Ownership Type Private Owner Parking Features Two CarAttachedGarage Door OpenerConcrete Pets Allowed No Possession Negotiable Property Attached YN No Property Sub Type Multi Family Real Estate Incl Yes Rent Includes None Road Responsibility Public Maintained Road Sewer Shared Septic Tax Assessed Value 0 Tax Legal Description COM N 1/4 COR FOR POB TH W 903.84' TH S 2689.32' TH E 558.28' TH N 1894' TH E 345' TH N 795.89' TO POB SEC 2 T26N R11W Water Source Shared Well Waterfront Features Pond Waterfront YN No Zoning Description ResidentialOutbuildings Allowed

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of REMAX Bayshore - Union St TC: 231-941-4500.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-20T23:51:50.133.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684