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321 Fair Street Traverse City, MI 49686-2912
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Key Details
Sold Price $290,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,131 sqft
Price per Sqft $256
Subdivision Foster & Crotsers Add
MLS Listing ID 80063689
Sold Date 11/26/25
Style 2 Story
Bedrooms 2
Full Baths 1
Half Baths 1
Abv Grd Liv Area 1,131
Year Built 1949
Annual Tax Amount $1,863
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 48x166x49x165
Property Sub-Type Single Family
Property Description
Located in the heart of Traverse City, this 2-bedroom, 1.5-bath this home sits on a rare and highly sought-after city lot offering exceptional potential for future expansion or redevelopment. The property’s deep lot allows room for a garage addition or possibly an auxiliary dwelling unit (ADU) a unique opportunity for those looking to invest, create additional living space, or generate rental income right in town. The existing home provides comfortable living with an efficient layout and great natural light, making it ideal for full-time residents, first-time buyers, or investors looking to enhance value. The real appeal, however, lies in the versatility of the lot and location—close to downtown shopping, dining, beaches, and all that Traverse City living has to offer.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Exterior
Garage No
Building
Story 2 Story
Water Private Well
Structure Type Vinyl Siding
Schools
School District Traverse City Area Public Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,Exchange/Trade
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Bought with NON-MLS MEMBER OFFICE
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