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Photo 1 of 19: Verndale at East Bay 3
Verndale at East Bay 3
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657 Madeira Drive, Traverse City, MI 49696

Verndale at EastBay · Grand Traverse County County

Key Facts

0.38Lot (acres)

Description

Outstanding opportunity to build in Verndale at EastBay on an interior homesite. Large homesite allows for 3 car side entry garage on a private site with a south eastern exposure for morning sunrises. 7 other homesites available for a bulk transaction. See HOA docs for building restrictions.

Property Information

Property Type

Land

Lot Size

0.38 acres

Lot Dimensions

See Site Plan

Days on Market

1

MLS® Listing#

26010105

Property Features

Lot Features

Cleared

Utilities

Natural Gas AvailableElectricity AvailableCable AvailablePhone AvailableNone

Sewer

Public Sewer

Water Source

Public

Schools

District:
Traverse City

Financial Details

HOA

None

Annual Taxes

$400

Tax year 2025

Assessed Value

$15,838

Parcel Number

03-761-058-00

Affordability Calculator

$15,000

Estimated monthly payment

$399/mo

Principal $60,000 · Est. interest $83,705 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Traverse City, MI

$237,497
Median Listing Price
56
Median Days on Market
1,500
Median Sq Ft
$138
Median Price / Sq Ft
13,823
Active Listings
  • This home’s price is 68% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Traverse City, MI.

Location

  • 657 Madeira Drive, Traverse City, MI 49696

Points of Interest in Traverse City, MI

Showing the Traverse City area map.

Nearby Schools

  • St. Elizabeth Ann Seton Middle School

    Elementary · 0.2 mi away

  • Cherry Knoll Elementary School

    Elementary · 0.4 mi away

  • East Middle School

    Elementary · 0.5 mi away

  • Grand Traverse Academy

    School · 0.7 mi away

  • Traverse City Christian School

    Secondary · 1.2 mi away

  • TC Adventist School

    School · 1.3 mi away

  • Traverse City High School

    Secondary · 2.2 mi away

  • Kitchi Minogining Tribal School

    School · 2.3 mi away

  • Traverse Bay Area Intermediate School

    School · 2.4 mi away

  • Manufacturing Technology Academy

    School · 2.4 mi away

  • North Ed Career Tech

    Secondary · 2.4 mi away

  • Courtade Elementary School

    Elementary · 2.8 mi away

  • Traverse Bay Christian School

    School · 3.0 mi away

  • Traverse City Area Public Schools Operations

    School · 3.1 mi away

  • Traverse Bay Mennonite School

    School · 3.1 mi away

  • Sabin Elementary School

    Elementary · 3.2 mi away

  • Traverse Heights Elementary School

    Elementary · 3.2 mi away

  • Oak Park Elementary School

    Elementary · 3.9 mi away

  • Bethlehem Nursery School

    Elementary · 4.1 mi away

  • Eastern Elementary School

    Elementary · 4.1 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Traverse City

Southwest Michigan Regional Information Center logo

Listing Courtesy: Great Lake Realty Company LLC - 6163033556

Presented by: Breanna May

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SWMRIC. MLS® Listing#26010105. © 2026EXIT Realty®. All rights reserved.