Set along a quieter stretch of Hoosier Valley Road, this property currently operates as a professionally managed short-term rental, but it functions differently than most Traverse City listings. About 10 minutes outside downtown Traverse City. Close enough for restaurants, events, and waterfront access, but far enough from traffic, density, or neighboring rentals stacked on top of each other. The Kingsley Club, stretches of the Boardman River, and trailheads like Lone Pine, Oleson Bridge, and Keystone Rapids offer up north recreational opportunities just minutes away. Built in 2023 on just over five wooded acres, the layout of this home is built for family, friends, and guests to gather. Five to six bedrooms, multiple gathering areas, and outdoor space that actually gets used. From the road, the house is visible. Once you’re on the property, the living areas face into the woods, and that’s where the experience shifts. The STR structure is already established. Fully permitted, professionally managed, and consistently booked. This isn’t “investment potential.” It’s already performing, with a track record that supports it. One detail that matters more out here than most buyers expect is internet reliability. Starlink is installed and performs well, which removes a common issue for properties in this type of setting. In this part of the market, newer construction on acreage tends to draw a different buyer. Someone who wants a property that’s already set up for group use without inheriting the maintenance curve of an older home. That’s a different profile than in-town rentals, where turnover is higher and management tends to be more hands-on. Historical performance and current booking trends are available for review. Under current management, the property has generated approximately $65,000 in annual gross revenue, with projections for the current year tracking higher. Future performance will vary based on management, owner use, and market conditions.
For sale
$899,000
1942 Hoosier Valley Rd, Traverse City, MI 49685
5beds
2,438sqft
Est.:
Single Family Residence
Built in 2023
5.19 Acres Lot
$867,200 Zestimate®
$369/sqft
$-- HOA
What's special
Five to six bedroomsMultiple gathering areas
- 29 days |
- 1,527 |
- 74 |
Zillow last checked:
Listing updated:
Listed by:
Sander Scott 231-386-0962,
Net Real Estate 231-499-0165
Source: NGLRMLS,MLS#: 1943339
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Game Room
Primary bedroom
- Level: Main
- Area: 143
- Dimensions: 11 x 13
Bedroom 2
- Level: Main
- Area: 110
- Dimensions: 10 x 11
Bedroom 3
- Level: Main
- Area: 76.5
- Dimensions: 8.5 x 9
Bedroom 4
- Level: Upper
- Area: 210
- Dimensions: 12 x 17.5
Primary bathroom
- Features: Private
Kitchen
- Level: Main
- Area: 294
- Dimensions: 21 x 14
Living room
- Level: Main
- Area: 294
- Dimensions: 21 x 14
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Propane Water Heater, Instant Hot Water
- Laundry: Main Level
Features
- Walk-In Closet(s), Pantry, Kitchen Island, Den/Study, Drywall, WiFi
- Flooring: Carpet, Vinyl
- Windows: Skylight(s), Blinds
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,438
- Total interior livable area: 2,438 sqft
- Finished area above ground: 2,438
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None, Asphalt
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Covered, Porch
- Waterfront features: None
Lot
- Size: 5.19 Acres
- Features: Wooded-Hardwoods, Wooded, Evergreens, Level, Landscaped, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 0200903520
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $142,800
- Annual tax amount: $6,694
- Price range: $899K - $899K
- Date on market: 3/31/2026
- Cumulative days on market: 30 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Dirt
Estimated market value
$867,200
$824,000 - $911,000
$3,925/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $899,000$369/sqft |
Source:  NGLRMLS #1943339 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,694 | $142,800 -2.3% |
| 2024 | -- | $146,100 |
Find assessor info on the county website
Monthly payment
Est. payment
$4,934/mo
Principal & interest
$4372
Property taxes
$562
More affordability tools
Climate risks
Neighborhood: 49685
Nearby schools
GreatSchools rating
- 3/10Blair Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 5.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 7.9 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Michigan
- Grand Traverse County
- Traverse City
- 49685
- 1942 Hoosier Valley Rd
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