Grand Traverse County Homes under $400,000

Grand Traverse County Homes under $400,000

Welcome to Grand Traverse County, Michigan, a hidden gem nestled in the heart of the Great Lakes region. This picturesque county boasts stunning natural beauty, with its lush forests, sparkling lakes, and charming small towns, making it an ideal destination for both outdoor enthusiasts and those seeking a serene lifestyle. Grand Traverse is not just a feast for the eyes; it's also a vibrant community filled with rich history, local art, and an array of recreational activities. From hiking the scenic trails of the Sleeping Bear Dunes to savoring the local flavors at farmers' markets, there’s something for everyone here.

For those looking to plant roots in this enchanting area, you’ll be pleased to discover a variety of homes available under $400,000. Whether you’re a first-time homebuyer, a growing family, or seeking a cozy retreat, Grand Traverse County offers a diverse selection of properties that cater to all needs and tastes. Imagine waking up to breathtaking views of the countryside or enjoying the tranquility of a charming neighborhood just minutes away from the vibrant downtown scene of Traverse City.

With its affordable housing options, Grand Traverse County is not only a place to live but a lifestyle to embrace. Picture yourself sipping coffee on your porch, surrounded by nature's beauty, or exploring the local wineries and breweries that dot the landscape. This is more than just a home; it’s an opportunity to create lasting memories in a community that welcomes you with open arms. Discover your dream home in Grand Traverse County today!

Newest Grand Traverse County Homes under $400,000

1029 Grant Street, Traverse City
$275,000
2 Beds ⋅ 2 Baths ⋅ 1951468 MLS ⋅ N/A BLDG.
Charming 2-bedroom, 2-bath cottage-style home set on a 0.25-acre lot within Traverse City city limits. The spacious, wooded yard offers a sense of privacy and room to enjoy the outdoors, while the quiet side-street location keeps you close to Boardman Lake, nearby parks, the Traverse Area District Library, and popular TART bike trails. Grand Traverse Bay beaches and downtown Traverse City’s shopping, dining, and amenities are also just a short trip away. Inside, the home features distinctive character details, including a curved entryway and wood plank ceiling in the kitchen. A second-floor bathroom makes efficient use of the upper-level living space, while the mudroom includes a convenient pet entrance. The fenced backyard provides space to relax, garden, or entertain, with a wooded setting that adds to the appeal. A charming home with extra outdoor space in a convenient city location, close to many of Traverse City’s favorite destinations.

1029 Grant Street, Traverse City
5522 Karlin Road, Interlochen
$169,000
1 Beds ⋅ 1 Baths ⋅ 1951465 MLS ⋅ N/A BLDG.
Some of the best parts of Northern Michigan are found just beyond your doorstep. Located just south of Interlochen, this 1-bedroom, 1-bath cabin offers an affordable opportunity to enjoy the Up North lifestyle without stretching your budget. Green Lake Township Park sits directly across the street, the Green Lake boat launch is just minutes away, and thousands of acres of state land are easily accessible for hunting, hiking, and exploring the outdoors. Whether your plans include mornings on the water, afternoons on the trails, or simply enjoying a quieter pace surrounded by the woods, this property offers a place to make those experiences part of your routine. Inside, the fireplace was refreshed in 2018, and the roof was completed in 2019. Interlochen Arts Academy is also nearby, adding to the convenience of this location. With its accessible price point and proximity to Northern Michigan’s outdoor recreation, this cabin presents an excellent value for anyone looking for a weekend getaway, recreational retreat, or a place to make their own. Come explore the possibilities and see what Up North living could look like for you.

5522 Karlin Road, Interlochen
711 Lake Avenue Unit #10-C, Traverse City
$370,000
2 Beds ⋅ 2 Baths ⋅ 1951466 MLS ⋅ Old Town Condominiums BLDG.
This is the kind of Traverse City location that makes everyday life feel like a vacation. Tucked along Boardman Lake with the TART Trail right out back, this townhome puts Oryana, downtown, and some of the best of TC within easy reach, on foot, by bike, or with a quick drive. Inside, the 2 bed/1.5 bath layout offers comfortable living and spectacular seasonal views of the lake. As an end unit, you’ll enjoy added privacy and natural light, while the private patio gives you your own spot to sit outside and enjoy your surroundings. A detached one-car garage with an additional storage unit above adds valuable space for bikes, kayaks, outdoor gear, and all the other things that come with enjoying northern Michigan. And the location really is the star. Whether you’re looking for a full-time place close to everything or a low-maintenance spot to enjoy Traverse City, this one puts you in the middle of it all, in a setting that's hard to beat.

711 Lake Avenue Unit #10-C, Traverse City
3910 Morningside, Traverse City
$349,000
4 Beds ⋅ 2 Baths ⋅ 1951450 MLS ⋅ Vista Manor BLDG.
Since 1972, this Morningside Drive home has been cared for by the same family, and you can feel it the moment you walk in. Set on just under 0.4 acres in the Vista Manor neighborhood, this 1965 ranch has the solid bones and character that are hard to find. A welcoming foyer opens to a spacious living room, then flows to the dining room and a kitchen with a center island. Three bedrooms share their own hallway, with good closet space throughout. A full bath serves the bedroom wing, and a second full bath sits off the kitchen by the garage entry, right where you want it after yard work or a day outside. Downstairs, a large recreation room gives everyone room to spread out for movie nights, games, or hobbies. A fourth bedroom with a walk-in closet offers a private spot for guests. A dedicated laundry room and extra storage round out the lower level. Upstairs, a generous attic adds even more storage. The yard is the heart of this property. It is wide, well kept, and set up for easy enjoyment with a sprinkler system, a deck for summer evenings, and a covered front porch. The attached garage makes Northern Michigan winters a little easier. The roof was replaced in 2025. The chimney has just been professionally swept and the sprinkler system winterized, so the home is ready for the season ahead. This home has been loved for a long time, and it is ready for its next chapter.

3910 Morningside, Traverse City
4407 N Long Lake Road, Traverse City
$389,000
2 Beds ⋅ 1 Baths ⋅ 1951438 MLS ⋅ N/A BLDG.
Nestled on an expansive, beautifully wooded parcel on North Long Lake Road, this property offers the perfect blend of serene Northern Michigan living, unbeatable convenience and high value potential. Featuring a newly updated, light-filled home with rich hardwood floors, crisp white finishes, and a new kitchen with stainless steel appliances and butcher block countertops. Unbeatable Location & Proximity: Top-Tier Schools: Located just ~1 mile from Traverse City West Middle and West Senior High Schools as well as Willow Hill Elementary. Medical Hub: Less than 10 minutes from Munson Medical Center. Downtown & Lakes: Minutes to vibrant downtown Traverse City, Grand Traverse Bay, Long Lake and West Bay beaches. Outdoors, the private grounds showcase lush views, sweeping yard space, raised garden beds and endless privacy framed by mature trees. For Investors & Developers: Beyond the move-in ready residence, the generous acreage and prime location make this an exceptional canvas for future expansion, land development, or a versatile addition to your rental or development portfolio. Whether you're searching for a turnkey home close to everything or your next major investment venture in Grand Traverse County, this property delivers unlimited potential.

4407 N Long Lake Road, Traverse City
7085 Cherrywood Court, Traverse City
$359,000
2 Beds ⋅ 2 Baths ⋅ 1951432 MLS ⋅ Cherrywood Commons BLDG.
Welcome to Cherrywood Commons, a desirable condominium community in an excellent Old Mission Peninsula location! Beautifully refreshed and move-in ready, this inviting condo offers 1,092 square feet on the main level, featuring 2 bedrooms, 2 baths, updated cabinetry and an attached 1-car garage. Extensive improvements completed in August and September 2026 include fresh interior paint throughout the main and lower levels, stairwell and ceilings; new performance carpeting in both main-level bedrooms and closets; updated lighting above the kitchen sink and in the hallway and a newly installed living room ceiling fan. Additional attention to detail includes professionally cleaned vinyl plank flooring on the main level, professionally cleaned lower-level carpeting, professionally cleaned HVAC ductwork, furnace inspection and cleaning. The lower level offers wonderful additional living space, including a spacious family room, nonconforming third bedroom, office area and generous storage/utility room. Enjoy the convenience of low-maintenance condominium living just minutes from downtown Traverse City, award-winning wineries, breweries, beautiful beaches, marinas, Cherry Capital Airport, Munson Medical Center and more. With so many recent improvements already completed, this beautifully maintained condo is ready for its next owner to move in and enjoy!

7085 Cherrywood Court, Traverse City
222 E State Street Unit #10, Traverse City
$349,900
1 Beds ⋅ 1 Baths ⋅ 1951415 MLS ⋅ Modern State I BLDG.
Located on the top floor of Modern State, this premier one bedroom condo offers an elevated urban lifestyle in the heart of downtown Traverse City, just one block south of Front Street. At 784 square feet, this is the larger of the building’s one-bedroom floor plans, offering a spacious, open-concept kitchen and living area designed for both relaxing and entertaining. The interior features solid-surface countertops, luxury vinyl plank flooring, central air, and the convenience of an in-unit washer and dryer. Looking for an investment opportunity, a downtown getaway, or the best of both? Short-term rentals are allowed, and the condo is currently operating as a successful one, giving you the flexibility to keep it earning income, enjoy it as your own Traverse City retreat, or combine the two. And then there’s the location. Leave the car behind and walk to everything that makes downtown Traverse City so special. World class dining, local boutiques, the historic State Theatre, the scenic Boardman River, and the sandy shores of West Bay are all just a short walk away. Whether you're looking for a turnkey investment, a lock-and-leave second home, or your own stylish place in the heart of downtown, this Modern State condo delivers an exceptional Traverse City lifestyle.

222 E State Street Unit #10, Traverse City
821 Traditions Drive, Traverse City
$299,900
3 Beds ⋅ 2 Baths ⋅ 1951405 MLS ⋅ Traditions BLDG.
Convenience and easy living come together in this well-maintained 3-bedroom, 2-bathroom home just 5 miles from downtown Traverse City. Designed with all main-floor living, the home offers a practical layout with ADA-compliant features and minimal upkeep, giving you more time to enjoy what you love and less time worrying about maintenance. With three bedrooms, two full bathrooms, and everything you need on one level, this is a home that can adapt to different stages of life. It also offers an excellent alternative to condo living for those who want the ease and low-maintenance lifestyle of a condo without giving up the privacy and independence of owning a home. Located close enough to enjoy everything Traverse City has to offer while maintaining a more relaxed residential setting, this is an opportunity to make homeownership a little easier without compromising on location or value.

821 Traditions Drive, Traverse City
4650 N Manor Wood Drive, Traverse City
$279,900
3 Beds ⋅ 1 Baths ⋅ 1951399 MLS ⋅ Meadow Wood Manor BLDG.
Welcome home to a move-in ready ranch with a backyard that steals the show. This 3 bedroom, 1 bath home is filled with natural light, and the big updates are already done: all new windows, new central air, and new siding. Just bring your furniture. Then step outside. The fully fenced backyard is huge, the kind of space that has you picturing it all at once: morning coffee on the patio, a game of catch that stretches on until dusk, a garden taking shape along the fence line, dogs running free without a second thought. Whether you’re hosting a summer cookout or simply savoring a quiet evening, there’s room for every bit of it. This is the one-level, low-maintenance home you’ve been waiting for, with a backyard that makes it feel like so much more.

4650 N Manor Wood Drive, Traverse City
4241 Mitchell Creek Drive, Traverse City
$225,000
2 Beds ⋅ 2 Baths ⋅ 1951392 MLS ⋅ Mitchell Creek Condominiums BLDG.
Enjoy an easy, active lifestyle in this inviting 2-bedroom condo, ideally located near the TART Trails and East Bay. With excellent access to bike riding, walking, and year-round outdoor recreation, this home makes it simple to enjoy the best of Traverse City right outside your door. The comfortable layout offers a welcoming place to relax, entertain, and settle into low-maintenance living, while the convenient location keeps you close to scenic trails, waterfront activities, and everyday amenities.

4241 Mitchell Creek Drive, Traverse City
5791 Gas Lamp Lane, Grawn
$315,000
2 Beds ⋅ 2 Baths ⋅ 1951386 MLS ⋅ Old Town Of Blackwood BLDG.
Welcome to Old Town Blackwood—a charming new walkable village of 38 townhome-style condominiums. Tastefully designed with approximately 990 square feet of finished living space, this light-filled 2-bedroom home features open-concept living, a cozy site-built fireplace (optional), stylish kitchen with peninsula and stainless-steel appliance package, matte-black fixtures, luxury plank stone composite floors, versatile upper loft/storage space (optional), full basement and an attached one-car garage. Enjoy your own covered front porch and upper balcony. Thoughtfully arranged around a beautifully landscaped village green, the community features charming gas-lamp-lined streets, welcoming front porches, attached garages, a neighborhood dog park, and plans for future neighborhood retail. Quality and efficiency are at the forefront with an energy-smart building envelope, R-49 roof, R-20 walls, durable metal roof, cedar-wrapped posts and railings, Carrier high-efficiency furnace and central air. Choose the crawl-space plan, priced from $295,000, featuring 1½ baths and convenient upstairs laundry, or the full-basement plan, priced from $315,000, offering a lower-level recreation room, full bath and laundry—providing additional flexible space for a family room, home office, or storage. Low-maintenance condominium living means less time on yardwork and more time enjoying everything Northern Michigan has to offer. Conveniently located in Blair Township, just minutes from Traverse City, Cherry Capital Airport, Interlochen Center for the Arts, and the area's beautiful lakes, beaches, trails and wineries.

5791 Gas Lamp Lane, Grawn
514 W Thirteenth Street, Traverse City
$399,000
2 Beds ⋅ 1 Baths ⋅ 1951381 MLS ⋅ Hannah's 5th Add BLDG.
Charming 1950s bungalow in the heart of Traverse City, filled with character and timeless details! This 2-bedroom, 1-bath home features a spacious living room with beautiful rounded archways, a retro-style kitchen complete with the original 1950s oven, and a cozy breakfast nook. A large unfinished attic offers exciting potential for additional living space, while the lower level features built-in cabinetry for added storage and a family room. Outside, enjoy beautiful perennial gardens and a welcoming gathering area perfect for relaxing or entertaining in the back yard. Ideally located directly across the road from Trinity Lutheran Church and just a few blocks from Thirlby Field, with easy access to the TART Trail, Grand Traverse Bay, downtown restaurants, shopping, schools, and all that Traverse City has to offer!

514 W Thirteenth Street, Traverse City
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