Sold
525 Riverine Drive, Traverse City, MI 49684
Sold on 07/02/2026 for$318,000
MLS # 1946035 (Northern Great Lakes REALTORS® MLS)
1 bed1 bathBuilt 1990
1 / 35
Listing Description
DOWNTOWN RIVERFRONT CONDO! Enjoy the perfect blend of comfort, style, and location in this updated condo within the highly desirable Riverine Condo Development. Set along the peaceful Boardman River and just steps from downtown Traverse City, this end unit offers an ideal combination of natural beauty and urban convenience. Inside, a vaulted ceiling creates a bright, inviting atmosphere, while the remodeled kitchen and bathroom provide modern style and functionality. The living room fireplace adds warmth and character, and the spacious bedroom enjoys serene river views along with a walk-in closet featuring a custom organizer system. An additional versatile room, accented by a stylish barn door, offers flexibility for a dedicated dining area, home office, guest sleeping quarters, or den. Step onto the covered balcony to enjoy peaceful river views year-round. Designated parking and close proximity to dining, shopping, trails, and waterfront parks complete this exceptional offering.
Source: SparkMLS
About this home
1-bedroom, 1-bath home in Traverse City in Traverse City built in 1990.
This home sold for $318,000.
Electric service is provided by Traverse City Light & Power; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms1
Bathrooms1
Year Built1990
Stories1
Location
CityTraverse City
MunicipalityTraverse City
Zip Code49684
CountyGrand Traverse County
Construction & Systems
HeatingNatural Gas, Forced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/1/2026
Sold Date7/1/2026
Terms AcceptedCash, Conventional, FHA, MSHDA
HOA
HOA Fee$2,472
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Other
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Matthew M Geib
Viewpoint Realty
Frequently Asked Questions about 525 Riverine Drive, Traverse City, MI 49684
What financing options are available for 525 Riverine Drive, Traverse City, MI 49684?
Per MLS# 1946035, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, MSHDA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Is 525 Riverine Drive, Traverse City, MI 49684 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, 525 Riverine Drive, Traverse City, MI 49684 is in flood zone AE (high risk). Flood insurance is required for federally-backed mortgages in this zone. 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.
Map
Mortgage Calculator
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Monthly payment$4,612
Principal & interest$2,140
HOA$2,472
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
525 Riverine Drive, Traverse City, MI 49684
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Municipality
Traverse City
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