Unparalleled downtown Traverse City living, designed and built by Freshwater Development for an elevated Northern Michigan lifestyle. Delivered furnished and move-in ready, Penthouse A at 111 State Street is a 4 bed + office, full-floor residence with a private elevator that opens directly into the home and continues to a private rooftop terrace with expansive water and city views. White-oak flooring, natural marble, 10-foot ceilings, and oversized casement windows frame views of Rotary Square Park and fill the home with natural light from multiple exposures. The kitchen features Taj Mahal marble countertops and backsplash, full-height custom cabinetry, detailed millwork, integrated Miele appliances, and generous dining space ideal for entertaining. Advanced soundproofing, double-pane windows, and a whole-home air purification system ensure serene interior quiet, exceptional air quality, and energy efficiency. The climate-controlled private garage includes oversized doors, EV charging, and the option to build out a storage unit. The private rooftop terrace expands the living experience outdoors, complete with a custom pergola and the option to integrate an outdoor kitchen, sauna, and cold plunge. Located two blocks from Clinch Marina and the beach, steps from restaurants, shopping, and trailheads, this home combines urban convenience with waterfront proximity and access to nature. Built with meticulous attention to detail and supported by Freshwater Development’s signature white-glove service long after closing, this residence delivers an unmatched level of quality and design in Northern Michigan.
New construction
$2,825,000
111 E State St Unit Penthouse A, Traverse City, MI 49684
4beds
2,432sqft
Condominium, Single Family Residence
Built in 2025
-- sqft lot
$2,639,600 Zestimate®
$1,162/sqft
$700/mo HOA
What's special
Natural marbleAdvanced soundproofingWhole-home air purification systemDouble-pane windowsDetailed millworkWhite-oak flooringFull-height custom cabinetry
- 368 days
- 205
- 11
Zillow last checked:
Listing updated:
Listed by:
Lydia Wiley 312-882-4074,
@properties Christie's Int'l 231-642-2363
Source: NGLRMLS,MLS#: 1939624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Dining Room, Great Room
Primary bedroom
- Level: Main
- Area: 160
- Dimensions: 16 x 10
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 4
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 180
- Dimensions: 18 x 10
Kitchen
- Level: Main
- Area: 220
- Dimensions: 20 x 11
Living room
- Level: Main
- Area: 396
- Dimensions: 18 x 22
Heating
- Forced Air, Heat Pump, ENERGY STAR Qualified Equipment
Cooling
- Central Air, Zoned, ENERGY STAR Qualified Equipment
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Cooktop, Exhaust Fan, Electric Water Heater
- Laundry: Main Level
Features
- Entrance Foyer, Walk-In Closet(s), Solid Surface Counters, Kitchen Island, Mud Room, Den/Study, Beamed Ceilings, Drywall, Cable TV, High Speed Internet, WiFi
- Flooring: Wood, Tile
- Windows: Low Emissivity Windows
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,432
- Total interior livable area: 2,432 sqft
- Finished area above ground: 2,432
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Alley Access, Paved, Heated Garage, Heated, Asphalt
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Main Floor Access, Accessible Entrance, Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Entry location: Elevator,No Steps,Third Floor Lvl or Higher
- Patio & porch: Deck
- Exterior features: Sidewalk, Rain Gutters
- Has view: Yes
- View description: Bay, Bay View
- Has water view: Yes
- Water view: Bay
Lot
- Features: Level, Landscaped
Details
- Additional structures: None
- Parcel number: 000000000000
- Zoning description: Residential
- Other equipment: Electric Air Filter, Air Purifier
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Frame, Steel Siding, Wood Siding
- Foundation: Block
- Roof: Wood,Membrane
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Energy Star Rating, Appliances, Windows, Thermostat
Community & HOA
Community
- Features: Pets Allowed
- Security: Security System, Smoke Detector(s)
- Subdivision: Penthouses at 111 State
HOA
- Services included: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire Insurance
- HOA fee: $8,400 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $1,162/sqft
- Tax assessed value: $1,400,000
- Price range: $2.8M - $2.8M
- Date on market: 10/15/2025
- Cumulative days on market: 518 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$2,639,600
$2.51M - $2.77M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Price change | $2,825,000-7.4%$1,162/sqft |
Source:  NGLRMLS #1939624 Report a problem | ||
| 10/15/2025 | Listed for sale | $3,050,000-6.2%$1,254/sqft |
Source: NGLRMLS #1939624 Report a problem | ||
| 10/9/2025 | Listing removed | $3,250,000$1,336/sqft |
Source: NGLRMLS #1933663 Report a problem | ||
| 5/13/2025 | Listed for sale | $3,250,000$1,336/sqft |
Source: NGLRMLS #1933663 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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