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321 Fair Street, Traverse City, MI 49686

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For Sale

$810,000

2 beds • 1 baths • 1 half baths • 1,131 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $716.18
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Want to know what s cool about 321 Fair Street? Just about everything and it gets even better. The purchase price includes two additional vacant lots, 319 and 315 Fair Street, creating a rare in-town development opportunity in the heart of Traverse City. The main parcel features a 2-bedroom, 1.5-bath home on a spacious 50x165 lot with room to expand, add a garage, or possibly build an auxiliary dwelling unit (ADU). The two adjoining parcels open the door to even greater potential! The existing home offers bright, comfortable living spaces and an efficient layout, perfect for enjoying Traverse City living now while planning for the future. Located just steps from the Civic Center, TART Trail, schools, beaches, restaurants, and downtown shopping, this combined property delivers unbeatable walkability, flexibility, and long-term value. With city water, sewer, and natural gas available, these parcels are primed for your vision. Opportunities like this-three contiguous in-town lots with development potential are exceptionally rare in Traverse City. Don t miss your chance to build, expand, or invest in one of the city s most desirable locations.
MLS# 1940492

Courtesy Of Key Realty One-TC
310 W. Front Street, Ste.310F, Traverse City, MI 49684
(517) 827-2120

Open Houses

November

16

Sunday

In Person

Sunday, November 16, 2025

1:00PM - 3:00PM

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.55 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 321 Fair Street, Traverse City, MI 49686

Home seller CENTURY 21 Northland

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northland

(231) 929-7900
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.