Browse prime Traverse City waterfront real estate options in the area!
In June 2025, Traverse City home prices were down 26.2% compared to last year, selling for a median price of $395K. On average, homes in Traverse City sell after 52 days on the market compared to 42 days last year. There were 44 homes sold in June this year, up from 32 last year.
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Traverse City, MI is a picturesque lakeside destination known for its cherry orchards, breathtaking views of Lake Michigan, and a thriving food and arts scene. Nestled along the shores of Grand Traverse Bay, it’s the ideal setting for those seeking scenic beauty, tranquility, and elevated living. For buyers in search of year-round luxury and connection to nature, Traverse City waterfront homes for sale offer unmatched access to Michigan’s most captivating shoreline living.
Whether you’re drawn to a serene bayfront estate or a lake-access home with panoramic water views, Traverse City’s waterfront real estate caters to a wide range of buyers—from retirees and professionals to vacation home seekers. Enjoy easy access to beaches, boating, fishing, and seasonal activities like wine tasting, sailing, and skiing—all just steps from your front door.
Thanks to a strong tourism economy, vibrant downtown, and outdoor-driven lifestyle, the Traverse City real estate market remains both dynamic and stable. With a variety of waterfront homes for sale—from elegant custom builds to cozy lake cottages—homebuyers can enjoy privacy, luxury, and a sense of place in one of Michigan’s most desirable coastal communities.
Traverse City’s prime location along Grand Traverse Bay makes it an ideal destination for condo living. Residents of Traverse City condos for sale enjoy easy access to beaches, marinas, and waterfront trails, plus quick connections to shops, restaurants, and entertainment downtown. The surrounding countryside also offers plenty of outdoor activities like hiking, biking, and skiing, providing a perfect balance between urban amenities and natural escape.
Traverse City is known for its welcoming, tight-knit community and laid-back coastal vibe. Events like the National Cherry Festival and the Traverse City Film Festival unite residents and visitors in celebration of local culture and pride. Waterfront homeowners often enjoy peaceful, scenic surroundings while remaining part of a vibrant and engaged year-round community.
Waterfront living in Traverse City means you're just moments from world-class dining. From fresh-caught fish served at lakeside restaurants to farm-to-table cuisine and local wine pairings, the food scene enhances the appeal of Traverse City waterfront homes for sale—perfect for those who appreciate both fine dining and scenic ambiance.
Families living in Traverse City waterfront homes benefit from access to top-rated schools, both public and private, along with nearby higher education institutions like Northwestern Michigan College. Many waterfront properties are located within close proximity to educational hubs, making them a smart long-term investment for growing families.
The market for Traverse City waterfront homes for sale includes a mix of bayfront estates, lake cottages, and modern custom homes with private docks. These properties offer luxurious features such as expansive decks, panoramic windows, and direct water access—perfect for buyers seeking beauty, privacy, and outdoor adventure at their doorstep.
Traverse City offers convenient transportation for waterfront residents, with easy access to major highways, regional roads, and Cherry Capital Airport for domestic flights. Many waterfront neighborhoods are just minutes from downtown, making it easy to enjoy both the tranquility of the shoreline and the energy of city life. Public transit and bike-friendly paths also add to the area’s accessibility.
Discover more about living and real estate in Traverse City and Northern Michigan with us today!
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A lot of planning and prep work goes into the selling process before your home even hits the market. Here are a few things to keep in mind before s...
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