The 'hidden gem' lakefront town that has been branded the 'new Hamptons' - but with property normal people can afford READ MORE: 24-bedroom waterfront Hamptons estate hits the market By Emma Saletta For Dailymail.Com Published: 17:00 EDT, 23 July 2024 | Updated: 17:05 EDT, 23 July 2024 e-mail View comments Potential buyers looking to splash their cash on a beautiful lakefront property may be able to find their forever home in this up-and-coming hidden gem of a town. Traverse City in Michigan has been dubbed the 'Hamptons of the Midwest' for its opulent homes, fit with sprawling backyards and gorgeous views of the lakes.
The surrounding area - which has ample properties within the budget of the average American family - is filled with tourist spots, including annual festivals, upscale restaurants, and plenty of cultural activities to get involved in. And the Midwestern hotspot has also become a favorite for new business owners, according to experts, who say that younger buyers are flocking to the town to take advantage of its 'booming industries.' Andrew Castillon, founder of the Lincoln Advisory Group, emphasized just how unique Traverse City is and that it's a growing 'hidden gem.
' Traverse City in Michigan has been dubbed the 'Hamptons of the Midwest' for its opulent homes, fit with sprawling backyards and gorgeous views of the lakes The surrounding area - which has ample properties within the budget of the average American family - is filled with tourist spots, including a.