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For sale
  • $1,695,000

    1378 Gray Rd, Traverse City, MI 49686

    4beds
    3,035sqft
    : 
    Single Family Residence
    Built in 1900
    80 Acres Lot
    $-- Zestimate®
    $558/sqft
    $-- HOA

    What's special

    Equipment shedsModern conveniencePole buildingUtility buildingsHistoric charmCold storage facilityProtected farmland
    Situated on Old Mission Peninsula with sweeping views of Old Mission's pastoral beauty, this once in a lifetime property and opportunity offers 80 pristine acres of protected farmland under Peninsula Township’s PDR program, ensuring it remains undeveloped. Originally built in 1900, this totally renovated farmhouse pairs historic charm with modern convenience, while the massive red barn, 4-car detached garage with a foreman’s office, and multiple utility buildings provide plenty of functional space. Additional features include a pole building for storage, equipment sheds, a cold storage facility, and a fruit/food cellar. Perfect for those seeking a blend of space, privacy, and farming potential. Within close proximity to the best wineries, restaurants, parks, and beaches that Old Mission Peninsula has to offer- located just minutes from downtown Traverse City!
    226 days
    |
    752
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Brick 231-941-4500,

    REMAX Bayshore - West Shore Dr TC 231-941-4500

    Source: NGLRMLS,MLS#: 1938231MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 368.88
      • Dimensions: 15.3 x 24.11
      Bedroom 2
      • Level: Upper
      • Area: 243.93
      • Dimensions: 14.1 x 17.3
      Bedroom 3
      • Level: Upper
      • Area: 139.36
      • Dimensions: 10.4 x 13.4
      Bedroom 4
      • Level: Main
      • Area: 221.85
      • Dimensions: 15.3 x 14.5
      Primary bathroom
      • Features: Shared
      Dining room
      • Level: Main
      • Area: 216
      • Dimensions: 13.5 x 16
      Family room
      • Level: Main
      • Area: 215.73
      • Dimensions: 15.3 x 14.1
      Kitchen
      • Level: Main
      • Area: 153.6
      • Dimensions: 9.6 x 16
      Living room
      • Level: Main
      • Area: 309.75
      • Dimensions: 17.5 x 17.7
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Appliances
      • Included: Refrigerator, Oven/Range, Washer, Dryer
      • Laundry: Main Level
      Features
      • Pantry, Solarium/Sun Room, Other, Cable TV, High Speed Internet
      • Flooring: Wood
      • Basement: Partial,Michigan Basement
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 3,035
      • Total interior livable area: 3,035 sqft
      • Finished area above ground: 3,035
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached
      • Garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Covered, Porch
      • Exterior features: Other
      • Has view: Yes
      • View description: Bay, Countryside View, Bay View
      • Has water view: Yes
      • Water view: Bay
      Lot
      • Size: 80 Acres
      • Features: Previously Farmed, Farm, Cleared, Level, Rolling Slope, Metes and Bounds
      Details
      • Additional structures: Barn(s), Pole Building(s), Shed(s), Other
      • Parcel number: 1100801800
      • Zoning description: Agricultural Res

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farm House
      • Property subtype: Single Family Residence
      Materials
      • Timber Frame, Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: Metes & Bounds
      HOA
      • Services included: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $558/sqft
      • Tax assessed value: $308,877
      • Annual tax amount: $7,589
      • Price range: $1.7M - $1.7M
      • Date on market: 9/3/2025
      • Cumulative days on market: 517 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,376/mo

        Price history

        DateEventPrice
        9/22/2025Price change$1,695,000-5.6%$558/sqft
        Source: NGLRMLS #1938231 Report a problem
        8/19/2025Price change$1,795,000-7.9%$591/sqft
        Source: NGLRMLS #1929051 Report a problem
        11/18/2024Pending sale$1,950,000$643/sqft
        Source: RE/MAX of Michigan #1929051 Report a problem
        11/14/2024Listed for sale$1,950,000+143.3%$643/sqft
        Source: NGLRMLS #1929051 Report a problem
        12/27/2005Sold$801,500$264/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,714 +5.7%$973,600 -0.6%
        2024$7,298 +5%$979,000 +20.4%
        2023$6,950 +7.1%$813,000 +1.1%
        2022$6,487 +1%$803,800 +8.5%
        2021$6,422 -0.5%$740,900 +0.3%
        2020$6,456 $739,000 +4.6%
        2019$6,456 +1.9%$706,500 +7.9%
        2018$6,334 $655,000 +0.4%
        2017-- $652,400 +19%
        2014-- $548,300 +16.3%
        2012-- $471,600 +9.5%
        2011-- $430,800 +22.9%
        2010-- $350,600 +5.1%
        2008-- $333,500

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $9,800/mo
        Principal & interest
        $8741
        Property taxes
        $1059
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          Climate risks

          Neighborhood: 49686

          Getting around

          1 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          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.

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