Rare 1.19-Acre Development Opportunity in Traverse City’s Kids Creek Neighborhood A truly unique opportunity in one of Traverse City’s most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning and existing is exceptionally difficult to find in the city. The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above and a separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad. R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running along the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City. The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.
Kids Creek, located between Downtown Traverse City and the Boardman Lake shoreline, is a residential and light-commercial Traverse City neighborhood with creekside green space and a walkable street grid. The neighborhood’s character concentrates around the E Front St and Barlow St corridor, where small storefronts, service counters, and everyday errands set a steady, local rhythm. Pillars nearby include The Village at Grand Traverse Commons, Dennos Museum Center, and the City Opera House for arts and community gatherings. Housing leans toward mid-century ranches and compact infill homes, with pockets of newer townhome-style builds. The Boardman Lake Trail and nearby parks shape an outdoors-forward routine, while Front Street keeps dining and coffee close at hand.
Provided by Walk Score and Local Logic
Offer insights
125 S Cedar St · $1,250,000
$1.25M and above
75% chance or better to win
Why $1.25M+ is a strong offer
DAYS ON MARKET
26 days
The average home goes pending in 54 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Cathedral/vaulted ceilings
Walk-in closet
Gas fireplace
Wood stove
Den / study / library
Breakfast nook
Bedrooms
First-floor bedroom (main level)
Additional bedrooms on main and upper levels
Carpeted bedrooms
Bathrooms
Two total bathrooms (includes one full bath and one lavatory)
Kitchen
Kitchen on main level
Breakfast nook adjacent to kitchen
Laundry & utility
Main-level laundry
Flooring
Carpet throughout main living areas and bedrooms
Heating & cooling
Forced air heating
Natural gas fuel
Central air conditioning
Exterior features
Vinyl siding
Patio
Porch
Pole barn and shed outbuildings
On waterfront with creek/stream (Kids Creek)
Cleared, sloping and wooded lot
Subdivision setting
Home design
Residential property
1 1/2-story structure
Built in 1900
Parking
Attached and detached garage, plus carport
3 parking spaces in garage
Garage door opener
Construction
Michigan basement foundation
Basement present (block/stone construction details noted)
Utilities
Public water
Community sewer
Cable available
Electricity and solar
View estimated energy costs and solar savings for this home
Rare 1.19-Acre Development Opportunity in Traverse Citys Kids Creek Neighborhood A truly unique opportunity in one of Traverse Citys most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning and existing is exceptionally difficult to find in the city. The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above and a separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad. R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running along the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City. The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.
MiRealSource-MiMLS #80073474
Sep 12, 2026
Listed
$1,250,000
$308/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$137
Public record
Beds
—
Baths
1.5
Stories
1.75
Lot width
—
Lot depth
—
Lot size
1.18 Acres
Year renovated
—
Finished Sq. Ft.
2,206
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,206
Year built
1900
Style
Single Family Residential
County
Grand Traverse County
APN
51-650-008-10
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 94° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Traverse City, MI • 49684
Average low and high temperatures (°F)
26
15
31
17
42
27
55
34
63
43
76
57
81
63
76
59
71
54
63
45
45
35
32
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Traverse City. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 125 S Cedar St
$1,215,033
$35K under list price of $1.25M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $675K to $1.3M.