For Sale
539 Bay Street, Traverse City, MI 49684
$1,999,000
MLS # 1946367 (Northern Great Lakes REALTORS® MLS)
2 beds2 bathsBuilt 2018
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Listing Description
Experience luxury waterfront living in this exceptional 3-bedroom penthouse offering panoramic views of Grand Traverse Bay and endless blue-water horizons. Perched on the top floor, this elegant residence is filled with natural light and features a spacious, chef-inspired kitchen thoughtfully designed for both everyday living and entertaining. Retreat to the beautifully appointed primary suite, complete with a private ensuite bath, or step onto your private balcony to enjoy breathtaking sunrises, sparkling bay views, and the ever-changing beauty of the waterfront. Ideally situated a short walk to downtown Traverse City, you'll enjoy easy access to boutique shopping, award-winning restaurants, marinas, beaches, and the vibrant waterfront district. The residence also includes one dedicated parking space for added convenience. Located in the heart of Northern Michigan, Traverse City offers an unmatched lifestyle with renowned wineries, championship golf courses, world-class boating, scenic hiking and biking trails, year-round festivals, craft breweries, and a thriving arts and culinary scene. From summer days on the bay and spectacular fall colors to winter recreation and cozy waterfront evenings, every season brings something extraordinary. This is more than a home—it's a front-row seat to one of Michigan's most coveted waterfront destinations. Bay views, luxury finishes, and an unbeatable location combine to create a truly remarkable penthouse experience.
Source: SparkMLS
About this home
This 2-bedroom, 2-bath home built in 2018 sits in Traverse City in Traverse City.
Asking $1,999,000.
Electric service is provided by Traverse City Light & Power; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Year Built2018
Location
CityTraverse City
MunicipalityTraverse City
Zip Code49684
CountyGrand Traverse County
Construction & Systems
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/9/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$6,168
IncludesLawn/Yard Care, Snow Removal, Trash, Other
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 Judy Curtice-Porter
REO-TCRandolph-233022
Frequently Asked Questions about 539 Bay Street, Traverse City, MI 49684
Can I use FHA or VA financing for this property?
Per MLS# 1946367, 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 539 Bay Street, 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, 539 Bay Street, Traverse City, MI 49684 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.
Map
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Monthly payment$19,133
Principal & interest$12,965
HOA$6,168
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
539 Bay Street, Traverse City, MI 49684
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Municipality
Traverse City
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