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Key Facts

2.66Lot (acres)

$397,500

$450,000 · Price reduced

Active86 days on marketListed March 11, 2026

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Description

This beautiful 2.66-acre parcel features 541 feet of frontage on the Rapid River, a premier Northern Michigan trout stream known for Brook, Brown, Rainbow, and Steelhead fishing. The property offers a peaceful, wooded setting and an excellent opportunity to build a private riverfront retreat surrounded by nature. Conveniently located just minutes from Torch Lake and the village of Alden, the property is also within easy reach of the Jordan, Boardman, and Manistee Rivers, and only 45 minutes from the legendary Holy Waters of the Au Sable River. Traverse City is just 30 minutes away, offering dining, shopping, and year-round recreation. Whether you're planning a custom home, fishing getaway, or quiet Up North escape, this rare Rapid River parcel offers exceptional frontage, privacy, and an ideal Northern Michigan location.

Property Information

Property Type

Land

Lot Size

2.66 acres

Lot Dimensions

232x500x275x541

Days on Market

MLS® Listing#

78080066024

Property Features

Lot Features

Rolling SlopeSlopedWooded

Sewer

None

Water Source

None

Financial Details

Assessed Value

$24,875

Parcel Number

00400801630

Affordability Calculator

Home Price

Down Payment

$79,500

Interest Rate (%)

Loan Term

Estimated monthly payment

$2,116/mo

Principal $318,000 · Est. interest $443,638 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Clearwater Township, MI

$402,740
Median Listing Price: 73
Median Days on Market: 1,792
Median Sq Ft: $214
Median Price / Sq Ft: 11,515
Active Listings

This home’s price is 1% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Clearwater Township, MI.

Moving Cost Estimate

Listing Courtesy: Coldwell Banker Schmidt Traverse City - 2319222350

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