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!
Sold for $441,000
$441,000
1028 Rasho Rd, Traverse City, MI 49696
--beds
--baths
39.42Acres
Unimproved Land
Built in ----
39.42 Acres Lot
$-- Zestimate®
$--/sqft
$2,031 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,031/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ben Street Cell:231-590-2198,
Coldwell Banker Schmidt Traverse City 231-922-2350
Bought with:
Ben Street, 6501380055
Coldwell Banker Schmidt Traverse City
Source: NGLRMLS,MLS#: 1943455
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: $73,488
- Annual tax amount: $3,119
- Price range: $441K - $441K
- Date on market: 4/3/2026
- Cumulative days on market: 103 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,FHA,New Construction
- Ownership type: Private Owner
- Road surface type: Gravel, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Sold | $441,000-9.8% |
Source:  NGLRMLS #1943455 Report a problem | ||
| 6/1/2026 | Price change | $489,000-10.9% |
Source: NGLRMLS #1943455 Report a problem | ||
| 4/3/2026 | Listed for sale | $549,000 |
Source: NGLRMLS #1943455 Report a problem | ||
| 1/22/2026 | Listing removed | $549,000 |
Source: NGLRMLS #1939149 Report a problem | ||
| 11/3/2025 | Price change | $549,000-5.3% |
Source: NGLRMLS #1939149 Report a problem | ||
| 10/2/2025 | Price change | $579,900-3.4% |
Source: NGLRMLS #1939149 Report a problem | ||
| 9/30/2025 | Listed for sale | $600,000 |
Source: NGLRMLS #1939149 Report a problem | ||
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% |
| 2022 | $1,595 +1.6% | $55,100 +0.4% |
| 2021 | $1,569 +0.5% | $54,900 +0.2% |
| 2020 | $1,562 | $54,800 |
| 2019 | $1,562 +2.4% | $54,800 |
| 2018 | $1,525 | $54,800 |
| 2017 | -- | $54,800 |
| 2016 | -- | $54,800 |
| 2014 | -- | $54,800 -53.5% |
| 2010 | -- | $117,870 |
| 2009 | -- | $117,870 -1.2% |
| 2008 | -- | $119,280 0% |
| 2007 | -- | $119,300 +32.6% |
| 2005 | -- | $90,000 +12.5% |
| 2004 | -- | $80,000 |
| 2003 | -- | $80,000 +29% |
| 2002 | -- | $62,000 +10.7% |
| 2001 | -- | $56,000 +16.7% |
| 2000 | -- | $48,000 |
Find assessor info on the county website
Neighborhood: 49696
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Nearby schools
GreatSchools rating
- 7/10Courtade Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 6.2 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.
- Michigan
- Grand Traverse County
- Traverse City
- 49696
- 1028 Rasho Rd
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