Sold on May 2026

$375,000

•

1,400

sq ft

1263 Terra Rd, Traverse City, MI 49686

Track this home’s value and nearby sales activity

About this home

Tucked into the quiet Chestnut Hills community, this condo is the kind of place where life just feels easier. Mornings start with sunlight pouring through the open living space, coffee in hand, and the glow of the gas fireplace warming the room. With cathedral ceilings and an easy, open layout, everything flows naturally, whether youre hosting family for the weekend or enjoying a slow, peaceful morning to yourself. The remodeled kitchen keeps you connected to the heart of the home, perfect for casual meals, conversations, and everyday living. The primary suite offers a calm retreat with a walk-in closet and private bath, while a second bedroom and full bath make hosting guests simple and comfortable. No stairs. No hassle. Just walk right in from the attached two-car garage and settle into a home designed for convenience. Step outside to your private patio and enjoy the quiet surroundings, without ever worrying about lawn care or snow removal. Located just minutes from shopping, dining, and downtown Traverse City, this home is ideal for those who want comfort, simplicity, and a little breathing room without giving up location.

CondoProperty Type

2000Year Built

$268Price/Sq.Ft.

$395/moHOA Dues

2 car garageParking

Listed by Shawn Schmidt • Coldwell Banker Schmidt Traverse City

Listed by Mike Petrucci • Coldwell Banker Schmidt Traverse City

Bought with Danielle Jerome • Coldwell Banker Schmidt Traverse City

Bought with Karen Schmidt • Coldwell Banker Schmidt Traverse City

Redfin checked: a minute ago

•Source:REALCOMP #78080064783

Listing provided courtesy of Realcomp MLS

Redfin Estimate

$385,822

$11K since sold in May 2026$35K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.6% higher than the average sale price ($365K) of 6 comparable homes.

SOLD JUN 30, 2026
$345,000
A
2 beds2 baths1,408 sq ft
1179 Hemingway Ln Lot : 49, Traverse City, MI 49686
SOLD MAY 7, 2026
$375,000
B
2 beds2 baths1,400 sq ft
1263 Terra Rd #33, Traverse City, MI 49686
SOLD JUL 24, 2026
$364,900
C
2 beds2 baths1,296 sq ft
1175 Hemingway Ln, Traverse City, MI 49686
SOLD MAY 27, 2026
$457,500
D
2 beds2 baths1,408 sq ft
1154 Hemingway Ln, Traverse City, MI 49686
SOLD AUG 31, 2026
$320,000
E
2 beds2 baths1,272 sq ft
2130 E Hammond Pl, Traverse City, MI 49686
SOLD AUG 25, 2025
$330,000
F
2 beds2 baths1,272 sq ft
2174 E Hammond Pl, Traverse City, MI 49686

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Market trends in 49686, MI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.1% MoM

Median sale price

$437K

$37K MoM

Avg. days on market

51d

4 days MoM

Recently sold homes

140

7 MoM

New listings for sale

NEW 10 HRS AGO
$175,000
3 beds2 baths1,344 sq ft
1673 Pine Dr, Traverse City, MI 49686
(231) 559-0351
NEW 13 HRS AGO
$270,000
3 beds1 bath1,012 sq ft
803 George St, Traverse City, MI 49686
(231) 929-7900
OPEN SAT, 10AM TO 12PM
$259,000
2 beds1 bath896 sq ft
119 Fair St, Traverse City, MI 49686
(231) 941-4500
NEW 17 HRS AGO
$184,000
1 bed1 bath444 sq ft
619 E Eighth St, Traverse City, MI 49686
(231) 941-4500
OPEN SAT, 12PM TO 1:30PM
$500,000
3 beds4 baths2,391 sq ft
1511 Kent St, Garfield Charter Township, MI 49633
(231) 941-4500
NEW 20 HRS AGO
$355,000
2 beds2 baths1,296 sq ft
1052 Hemingway Ln, Traverse City, MI 49686
(231) 264-6604
NEW 23 HRS AGO
$279,800
2 beds1 bath720 sq ft
885 Parsons Rd, Traverse City, MI 49686
(231) 947-7777
OPEN SAT, 11AM TO 1PM
$475,000
4 beds2 baths2,595 sq ft
873 Indian Trail Blvd, Traverse City, MI 49686
(231) 421-1970
OPEN SAT, 9:30AM TO 11AM
$699,999
3 beds2 baths1,632 sq ft
887 Washington St, Traverse City, MI 49686
(231) 922-2350
$275,000
2 beds2.5 baths1,280 sq ft
3919 Sherwood Forest Dr, Traverse City, MI 49686
(248) 963-0505
See all

Provided by Redfin

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Rental estimate

Est. $2,638 per month, based on comparable rentals

Sale and tax history for 1263 Terra Rd

Sale History
Tax History

Date

Event

Price

REALCOMP #78080064783

May 7, 2026

Sold

$375,000

$268/sq ft

Apr 1, 2026

Contingent

—

Feb 13, 2026

Relisted

—

Feb 11, 2026

Contingent

—

Jan 12, 2026

Listed

$379,000

$271/sq ft

REALCOMP #78001157018

Feb 1, 2016

Sold

$217,000

$155/sq ft

Dec 7, 2015

Listed

$227,900

$163/sq ft

Public Records

May 23, 2003

Sold

$154,900

$111/sq ft

REALCOMP #78001044797

May 23, 2003

Sold

$197,000

$141/sq ft

Mar 20, 2003

Listed

$199,000

$142/sq ft

REALCOMP #78001038069

Aug 7, 2002

Listing Removed

—

May 7, 2002

Listed

$199,900

$143/sq ft

REALCOMP #78001036654

May 7, 2002

Listing Removed

—

Feb 20, 2002

Listed

$215,000

$154/sq ft

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,396

Year built

1999

Style

Condo/Co-op

County

Grand Traverse County

APN

05-079-033-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 3, 2026.

R-3

Multiple Family Residential District

The R-3 Multiple Family Residential districts provide areas for medium to high density one and two family residential dwelling units mixed with a variety of multiple family residential dwelling types, including apartments and group housing, where adequate public facilities and services exist with capacity to serve such development. The districts are composed mainly of areas containing an existing mix of these dwelling types as well as areas within which such development appears likely and desirable. They are intended to encourage more intensive development in and near the core areas of the township. The R-3 districts are designed to encourage a suitable neighborhood environment for family life by including among the permitted uses such facilities as schools, places of worship and parks that will promote a sense of community, urban vitality and the efficient provision of infrastructure. R-3 district regulations are designed to allow for market and design flexibility while preserving the neighborhood character and permitting applicants to cluster development to preserve environmentally sensitive and natural land areas.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Fire house
Police station
Cemetery
Park & open space

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached, Garage, Garage Door Opener

Interior

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air, Exhaust Fan
Has Heating
Heating: Forced Air, Natural Gas

Interior Features
Interior Features: Cathedral Ceiling(s), Entrance Foyer, Walk-In Closet(s)
Window Features: Window Treatments
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Range, Washer
Has Fireplace
Fireplace Features: Gas

Room Information
# of Rooms Total: 7
Basement Details: Crawl Space, Block

Exterior

Exterior Features
Patio And Porch Features: Patio

Building Information
Above Grade Finished Area: 1,400
Above Grade Finished Area Units: Square Feet
Levels: One
Construction Materials: Vinyl Siding
Foundation Details: Block

Property Features
Pets Allowed: Yes

Property Information
Property Type: Residential
Property Sub Type: Condominium
Raw Mls Property Sub Type: Condominium

Lot Information
Road Responsibility: Private Maintained Road
Road Frontage Type: Private Road
Zoning Description: Residential

Utilities

Utility Information
Water Source: Public
Sewer: Shared Septic

Location

HOA Information
Has Homeowners Association
Association Amenities: Maintenance Grounds
Association Fee: $395
Association Fee Frequency: Monthly
Derived Association Fee (Monthly): $395
Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal

Schools Information
High School District: TraverseCity

Location Information
Subdivision Name: CHESTNUT HILLS

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,396
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1999
Year Renovated: —
County: Grand Traverse County
APN: 05-079-033-00

Home facts updated by county records on Sep 3, 2026

Other

Listing Information
List AOR: AspireNorthREALTORS

Around this home

Schools

Traverse Heights Elementary School

Public PreK-5 • Assigned • 1.7mi

5/10

East Middle School

Public 6-8 • Assigned • 2.4mi

7/10

Central High School

Public 8-12 • Assigned • 3.0mi

7/10

Provided by GreatSchools

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 • 49686

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 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.

10.8 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$367,000 – $444,000

Sell confidently with a local market expert in Traverse City.

Nearby similar homes

$12,800

2 beds2 baths1,060 sq ft

2035 N US-31 N #2502, Traverse City, MI 49686

(231) 922-2350

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2 beds2 baths1,464 sq ft

2035 N US-31 N Unit 2108-39, Traverse City, MI 49686

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$14,900

2 beds2 baths1,464 sq ft

2035 N US-31 N Unit 2108-40, Traverse City, MI 49686

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2 beds2 baths1,420 sq ft

2035 N US-31 N #2404, Traverse City, MI 49686

(231) 922-2350

$119,000

3 beds3 baths1,622 sq ft

2035 N Us-31 N, East Bay Twp, MI 49686

$49,900

2 beds2 baths1,521 sq ft

2035 N US-31 N #2306, Traverse City, MI 49686

(231) 922-2350

New listings for sale in 49686

NEW 10 HRS AGO

$175,000

3 beds2 baths1,344 sq ft

1673 Pine Dr, Traverse City, MI 49686

(231) 559-0351

NEW 13 HRS AGO

$270,000

3 beds1 bath1,012 sq ft

803 George St, Traverse City, MI 49686

(231) 929-7900

OPEN SAT, 10AM TO 12PM

$259,000

2 beds1 bath896 sq ft

119 Fair St, Traverse City, MI 49686

(231) 941-4500

NEW 17 HRS AGOVIDEO TOUR

$184,000

1 bed1 bath444 sq ft

619 E Eighth St, Traverse City, MI 49686

(231) 941-4500

OPEN SAT, 12PM TO 1:30PM

$500,000

3 beds4 baths2,391 sq ft

1511 Kent St, Garfield Charter Township, MI 49633

(231) 941-4500

NEW 20 HRS AGO

$355,000

2 beds2 baths1,296 sq ft

1052 Hemingway Ln, Traverse City, MI 49686

(231) 264-6604

NEW 23 HRS AGOVIDEO TOUR

$279,800

2 beds1 bath720 sq ft

885 Parsons Rd, Traverse City, MI 49686

(231) 947-7777

OPEN SAT, 11AM TO 1PM3D WALKTHROUGH

$475,000

4 beds2 baths2,595 sq ft

873 Indian Trail Blvd, Traverse City, MI 49686

(231) 421-1970

OPEN SAT, 9:30AM TO 11AM

$699,999

3 beds2 baths1,632 sq ft

887 Washington St, Traverse City, MI 49686

(231) 922-2350

Home values near 1263 Terra Rd

Data from public records.

Address	Redfin Estimate
1268 Terra Rd, Traverse City, MI 2 Beds \| 2 Baths \| 1800 Sq. Ft.	$401,071
1257 Terra Rd, Traverse City, MI - Beds \| 2 Baths \| 1396 Sq. Ft.	$397,409

Address	Redfin Estimate
1265 Terra Rd, Traverse City, MI 2 Beds \| 2 Baths \| 1396 Sq. Ft.	$364,006
1315 Terra Rd, Traverse City, MI 2 Beds \| - Baths \| 1450 Sq. Ft.	$425,661

Address	Redfin Estimate
1259 Terra Rd, Traverse City, MI 2 Beds \| 3 Baths \| 1400 Sq. Ft.	$400,357
1301 Terra Rd, Traverse City, MI 2 Beds \| 2 Baths \| 1396 Sq. Ft.	$377,076

Property information provided by REALCOMP when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 49686, MI

Homeowner tools

Sale and tax history for 1263 Terra Rd

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 49686

Home values near 1263 Terra Rd

More real estate resources