627 Terrace Drive, Traverse City, MI 49686

$320,000 Asking Price

3 beds
1 bath
1,056  sqft
Built in 1955

Welcome to 627 Terrace! This charming 3-bedroom, 1-bathroom ranch is tucked away in a quiet neighborhood, offering a prime location near downtown Traverse City, East Bay, and West Bay beaches. Perfect for those who enjoy an active lifestyle, youll be just a short bike ride from East Bay Park, the TART Trail, and the Civic Center, with plenty of outdoor adventures and easy access to downtown amenities. The home features beautifully maintained wood floors in all three bedrooms, and the deep lot showcases mature hardwoods with two garden beds added in 2020. Recent upgrades include a new roof installed in 2024 with a transferable warranty, a 200A main service panel, and motion detection lighting. The garage is set up for future projects or expansion, with natural gas and water lines, plus a 60A, 220V feed added in 2019. This registered home, manufactured by United States Steel Homes, Inc., sits on a buildable .39-acre lot, providing room to grow. A convenient easement alley leads directly to Eighth Street, and a reserved area on the east side of the lot is perfect for storing boats and trailers. Explore the possibilities and make this central yet peaceful home your own!

Features & Amenities

Interior

Appliances:
Dryer, Microwave, Oven, Refrigerator, Range, Washer
Basement:
Block, Full
Heating:
Forced air, Natural gas
Fireplace:
Gas

Exterior

General:
Sheds
Style:
Ranch
Other Structures:
Porch
Parking:
One car garage, Detached, Garage, Garage door opener

Construction

General:
Other, One, Basement, Block

Location

Originating MLS:
Aspire North REALTORS
School District:
Traverse city
County:
Grand traverse

Lot

Zoning:
LOT 97 2ND ADD TO CROMWELL TERRACE, 5153402700
Fencing:
Fenced

Utilities

Water:
Public
Sewer:
SharedSeptic

Financial

Source:
Aspire North REALTORS

This listing courtesy of:
REMAX Bayshore - Union St TC, Claire Washington

About Traverse City, MI

Housing

Number of Units
37,647
Median Home Value
$253,583
Median Rent
$889

24.77% of housing units are renter occupied.

11.10% are vacant.

Commute

Car
80.96%
Public Transportation
1.36%
Walk to Work
2.46%
Work from Home
13.26%
Other
0.48%

The median travel time to work is 18 minutes.

People

Population
75,364
Median Age
43.50
Median Household Size
2.53

Education

High School
20.97%
Associate’s Degree
9.01%
Bachelor’s Degree
26.84%
Graduate Degree
15.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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