3 months on rocket

UNIT505 330 E State St Unit 505, Traverse City, MI, 49684

$3,504,000

4 Bedrooms
3 Full Baths
2,895 SqFt
$1,210/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingOther, Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Other, Heated, Concrete Floors
Attached GarageYes
Year Built2024
HeatingNatural Gas, Multi Unit(s), Forced Air, Central
CoolingNatural Gas, Multi Unit(s), Central Air
WaterfrontWaterfront
FireplaceOther
MLS #1918854
StatusActive

About UNIT505 330 E State St Unit 505

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 $60,000 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.This unit has panoramic bay views, two balcony spaces and a private rooftop terrace/garden.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, 2+ Story
  • Year Built: 2024
  • Living Area: 2,895 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-522
  • Listing Agent: Ken Kleinrichert

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Security System
  • Interior: Foyer Entrance, Walk-In Closet(s), Solid Surface Counters
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Balcony, Sidewalk, Other

Parking Information:

  • Attached Garage: Yes
  • Parking: Other, Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Other, Heated, Concrete Floors

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Natural Gas, Multi Unit(s), Forced Air, Central
  • Cooling: Natural Gas, Multi Unit(s), Central Air

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • East Middle School, Public District Grades 6-8
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Downtown Traverse City next to Park Place Hotel (just East of Park Place)

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,504,000
  • Price Per SqFt: $1,210/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

UNIT505 330 E State St Unit 505 vs Traverse City

92 DAYS ON ROCKET

+36 Days

$3,504,000

+$3.1M More

$1,210/SqFt

+$965 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $965/SqFt more than other homes in Traverse City, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1918854

Listing Office:

  • Office Name: Coldwell Banker Schmidt-522
  • Listing Agent: Ken Kleinrichert

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 8:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1123656
6
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 0.93 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1123657
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 4.61 miles

  • Public District Grades 6-8

High School

school-card-donut-1123658
8
/10
  • Central High School

  • 1150 Milliken Dr

  • 1.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,652. The majority of Traverse City, MI residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About UNIT505 330 E State St Unit 505

What is the listing price of this property?

The listing price of UNIT505 330 E State St Unit 505 property is $3,504,000.

What type of property is this?

The property UNIT505 330 E State St Unit 505 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: UNIT505 330 E State St Unit 505 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for UNIT505 330 E State St Unit 505 are:
Tcaps Montessori School: GreatSchools Rating 6/10
East Middle School: GreatSchools Rating 6/10
Central High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at UNIT505 330 E State St Unit 505 has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property UNIT505 330 E State St Unit 505 is 2,895 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for UNIT505 330 E State St Unit 505 is 2024.
Rocket Homes logo

Interested in UNIT505 330 E State St Unit 505? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›UNIT505 330 E State St Unit 505

This home is located at UNIT505 330 E State St Unit 505 in Traverse City, MI and zip code 49684. This 2,895 square foot home was built in 2024. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $3,504,000.

In March 2024, from all listings sold in Traverse City, MI there were more than 22 sold above asking price, over 24 sold below and more than 20 were sold right at the asked price. In March 2024 in Traverse City, MI there were 12.5% more homes for sale than in February 2024. Listings spent 56 days on the market in March 2024, and had a median list price of $366,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources