Under Contract
305 Hamilton Street, Traverse City, MI 49686
$5,900,000
MLS # 1945832 (Northern Great Lakes REALTORS® MLS)
30 beds30 bathsBuilt 20250.47 acres
1 / 88
Listing Description
LOCATION! TURNKEY! Hamilton Place is a collection of 15 newly constructed townhomes completed in 2025. This is a truly turnkey hospitality-focused development in the heart of Traverse City! The property offers on-site parking and an exceptional shared outdoor experience featuring an outdoor kitchen grilling area, two easy-start fire pits with lounging spaces, and a pergola-covered dining area designed for gathering and entertaining. Ideally located near the base of Old Mission Peninsula, Hamilton Place is just a short walk to Bryant Park and the Civic Center, and only minutes from downtown Traverse City and the Cherry Capital Airport. Inside, each townhome is thoughtfully designed with a fully equipped kitchen, in-unit washer and dryer, two bedrooms, and two full bathrooms. The property comes complete with high-end commercial-grade furnishings and all essential housewares, including cookware, dishware, and more. Additional highlights include LP SmartSide siding, Marvin casement windows with blinds, glass-enclosed tiled showers, heated bathroom floors, individual climate control units in each bedroom and the main living area, smart TVs throughout, and a designated parking space for each townhome, plus ample overflow parking along Hamilton Street. An established professional rental management program is already in place, offering immediate income potential and a seamless ownership experience. The development includes one 5-unit building, one 4-unit building, and two 3-unit buildings, each with its own distinct design aesthetic and finish selections. Notably, many guest reservations are for entire buildings rather than individual townhomes, creating exceptional flexibility for group travel, retreats, weddings, corporate stays, and larger gatherings. The quality, craftsmanship, and hospitality-driven vision behind Hamilton Place truly set it apart. Rare opportunity to acquire a distinctive luxury property in Traverse City!
Source: SparkMLS
About this home
30-bedroom, 30-bath home in Traverse City in Traverse City built in 2025.
Currently offered at $5,900,000.
Electric service is provided by Traverse City Light & Power; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms30
Bathrooms30
Lot Size0.47 acres
Year Built2025
Stories2
Location
CityTraverse City
MunicipalityTraverse City
Zip Code49686
CountyGrand Traverse County
Construction & Systems
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed5/27/2026
Terms AcceptedCash, Conventional
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 Kyle O'Grady
REMAX Bayshore - Union St TC
Frequently Asked Questions about 305 Hamilton Street, Traverse City, MI 49686
What type of financing is accepted for this listing?
Per MLS# 1945832, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 305 Hamilton Street, Traverse City, MI 49686 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 305 Hamilton Street, Traverse City, MI 49686 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is 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.
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Monthly payment$38,267
Principal & interest$38,267
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
305 Hamilton Street, Traverse City, MI 49686
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Municipality
Traverse City
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