Estate-sized parcel comprised of nearly 40 acres with additional development potential. The private road access has been augmented with the purchase of an additional 16 foot strip making the easement over 60 feet wide. Located very close to the east side of town including schools and shopping, this parcel offers excellent privacy from the road with some pre-building legwork already completed including a perk test, wetlands exception, soil erosion permit, and driveway information. The topography is heavily wooded, level, and high and dry. Excavation and some work has been completed on a site for a pole barn. It is adjacent to hundreds of acres of state land, offering wonderful recreation opportunities with many trails, including the VASA, nearby. The Rasho Road snowmobile trailhead is just down the road. The public park and beach on Arbutus Lake, and boat launches on Arbutus and Spider Lakes are within 3 miles!
Lot/land
Price cut: $30.9K (11/3)
$549,000
1028 Rasho Rd, Traverse City, MI 49696
--beds
--baths
39.42Acres
Unimproved Land
Built in ----
39.42 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 105 days |
- 257 |
- 22 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 10:10pm
Listed by:
Ben Street Cell:231-590-2198,
Coldwell Banker Schmidt Traver 231-922-2350
Source: NGLRMLS,MLS#: 1939149
Facts & features
Property
Features
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 39.42 Acres
- Dimensions: 1281 x 1316 x 978 x 428 x 1009
- Features: Level, Hardwoods, Cleared, Wooded, Joins State/Federal Land
Details
- Parcel number: 280322703700
- Zoning description: Residential,Horses Allowed,Metes and Bounds,Outbuildings Allowed
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Private Sewer, None
- Water: Private, None
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Cable Available, Cable Internet
Community & HOA
Community
- Features: None
- Subdivision: Metes and Bounds
Location
- Region: Traverse City
Financial & listing details
- Tax assessed value: $160,000
- Annual tax amount: $3,119
- Price range: $549K - $549K
- Date on market: 9/30/2025
- Cumulative days on market: 106 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,FHA,New Construction
- Ownership type: Private Owner
- Road surface type: Gravel, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,031/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Price change | $549,000-5.3% |
Source: | ||
| 10/2/2025 | Price change | $579,900-3.4% |
Source: | ||
| 9/30/2025 | Listed for sale | $600,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,119 +5.7% | $80,000 |
| 2024 | $2,951 +78.8% | $80,000 +21% |
| 2023 | $1,650 +3.5% | $66,100 +20% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 49696
Nearby schools
GreatSchools rating
- 5/10Courtade Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 8/10East Middle SchoolGrades: 6-8Distance: 2.7 mi
- 9/10Central High SchoolGrades: 8-12Distance: 6.3 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading




