Developer Rights, $20K+ annual carrying costs savings

Vacant Land for Sale
Catylist Listing ID: 30524213
Property Subtypes: Residential (Single Family), Vacation/Resort, Other
Gross Land Area: 30 - 40 Acres
Sale Price: $1,375,000
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Last Updated: 11/23/2020

Overview / Comments

Location, Location, Location. Opportunity of a lifetime. 55 Premium buildable lots in Hawk's Eye Golf Community. Hawk's Eye Golf Course is one of the highest rated in Michigan. The investor who purchases all of these lots will receive the Developer Rights (per seller) and all the rights and perks included in LLC, a $20,185 per year carrying costs savings on association dues. Nearby attractions include Shanty Creek Resort, Torch Lake and Traverse City. Seller financing option available.

Additional Details

Nearest MSA: Traverse City
County: Antrim
Taxing Authority: Kearney Township
Tax ID/APN: Multiple, see attached documents
Zoning: RESIDENTIAL
Property Located Between: M88 and Shanty Creek Rd
Property Visibility: Excellent
Legal Description: Multiple lots of Hawk's Eye Golf Club Condominium. See Attached spreadsheet.
Largest Nearby Street: M88
Highway Access: Short distance to M88, M66 and US 131
Site Description: Multiple lots already divided. Roads, power and water already installed. Developer rights could also carry over to other lots purchased outside of this grouping, per seller.
Area Description: This area is attractive all 4 seasons of the year. Winter sports and activities near by at Shanty Creek & Boyne Mountain. Spring brings festivals, bike trails and water related activities with near by Torch Lake, Indian River and more. Summer includes Traverse City and the Cherry festival, and activities in Charlevoix. Fall colors abound with the Tunnel of Trees and all those Vineyards and Wine tours.
Lot Frontage: Various
Lot Depth: Various
Zoning Description: Residential
Topography: Other
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,054 1,054 5,309
Median Age: 55.46 55.46 44.5
Households: 410 410 2,111
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