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New construction
    • Price cut: $225K (4/22)
    $2,825,000

    111 E State St Unit Penthouse A, Traverse City, MI 49684

    4beds
    2,432sqft
    : 
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    Condominium, Single Family Residence
    Built in 2025
    -- sqft lot
    $2,688,900 Zestimate®
    $1,162/sqft
    $700/mo HOA

    What's special

    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.
    277 days
    |
    266
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lydia Wiley 312-882-4074,

    @properties Christie's Int'l 231-642-2363

    Source: NGLRMLS,MLS#: 1939624MLS Logo

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      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: 427 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $2,688,900

        $2.55M - $2.82M

        $5,236/mo

        Price history

        DateEventPrice
        4/22/2026Price change$2,825,000-7.4%$1,162/sqft
        Source: NGLRMLS #1939624 Report a problem
        10/15/2025Listed for sale$3,050,000-6.2%$1,254/sqft
        Source: NGLRMLS #1939624 Report a problem
        10/9/2025Listing removed$3,250,000$1,336/sqft
        Source: NGLRMLS #1933663 Report a problem
        5/13/2025Listed 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        87 / 100
        Very Walkable
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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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