Pending
(Unit 301) 330 E State Street, Traverse City, MI 49684
$550,000
MLS # 1918848 (Northern Great Lakes REALTORS® MLS)
1 bed1 bath1,171 sqftBuilt 20240 acres
1 / 6
Listing Description
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 12 of 35 units available(one on the 3rd floor, 7 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, set to be built over the next 24 months. Construction is set to re-commence April 2024, with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
Source: SparkMLS
About this home
1-bedroom, 1-bath, 1,171 sq ft home in Traverse City in Traverse City built in 2024.
Currently offered at $550,000 (about $470/sq ft).
Electric service is provided by Traverse City Light & Power; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms1
Bathrooms1
Living Area1,171 sqft
Year Built2024
Stories2
Location
CityTraverse City
MunicipalityTraverse City
Zip Code49684
CountyGrand Traverse County
Construction & Systems
HeatingNatural Gas, Forced Air
WaterPublic
SewerPublic
Sale & Financing
Listed1/24/2024
Terms AcceptedCash, Conventional
HOA
HOA Fee$3,600
IncludesOther
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ken Kleinrichert
@properties Christie's Int'l
Frequently Asked Questions about (Unit 301) 330 E State Street, Traverse City, MI 49684
What type of financing is accepted for this listing?
Per MLS# 1918848, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, (Unit 301) 330 E State Street, Traverse City, MI 49684 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is (Unit 301) 330 E State Street, Traverse City, MI 49684 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve (Unit 301) 330 E State Street, Traverse City, MI 49684?
Per Michigan Public Service Commission service territory data: Electric: Traverse City Light & Power. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Traverse City police department or the Grand Traverse County County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$7,167
Principal & interest$3,567
HOA$3,600
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Traverse City Light & Power
Municipal
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
(Unit 301) 330 E State Street, Traverse City, MI 49684
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Municipality
Traverse City
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