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For sale
  • Price cut: $5K (6/16)
    $560,000

    208 Gillis St #12, Traverse City, MI 49684

    2beds
    1,026sqft
    : 
    $3,953/mo
    Get pre-qualified
    Condominium, Single Family Residence
    Built in 2023
    -- sqft lot
    $546,600 Zestimate®
    $546/sqft
    $225/mo HOA

    What's special

    Efficient kitchenRooftop sanctuaryElegant picture window
    Step into luxury and convenience with this stunning, tastefully furnished, turn-key condo nestled in the heart of downtown Traverse City. Currently an active short-term rental including single overnight stays, it comes fully equipped and furnished, ready for immediate occupancy or rental income. This exquisite residence offers 2BR/2BA of beautifully styled living space, all designed to cater to your comfort and lifestyle needs. The layout which extends over 3 floors, seamlessly connects the entry from either your private garage or from a street-side entrance up to the main floor with an efficient kitchen, inviting living area with elegant picture window, bath, and laundry. Proceed upstairs to the bedrooms, full bath, and a spiral staircase leading to your very own rooftop sanctuary where you can elevate your living experience with West Grand Traverse Bay views. This is not just a home but a vantage point to witness the vibrant pulse of downtown Traverse City. One of the standout features of this prime property is its allowance for overnight rentals. Its central location and top-notch amenities have made it a favorite among tourists, ensuring a steady stream of guests eager to experience all that Traverse City has to offer. Whether you’re looking for a permanent residence, a seasonal retreat, or an investment opportunity, this condo offers unparalleled versatility. Don’t miss your chance to own a piece of downtown Traverse City’s finest living – where every detail has been meticulously curated for your ultimate satisfaction. Click on virtual tour link for an incredibly realistic view of the interior.
    261 days
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    383
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    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Hagan Cell:231-929-7985,

    Coldwell Banker Schmidt Traverse City 231-922-2350

    Source: NGLRMLS,MLS#: 1940200MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Dimensions: 13.75 x 10.08
      Bedroom 2
      • Level: Upper
      • Dimensions: 9.75 x 13.83
      Primary bathroom
      • Features: Shared
      Kitchen
      • Level: Main
      • Dimensions: 10 x 13.83
      Living room
      • Level: Main
      • Dimensions: 14.58 x 13.83
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
      • Laundry: Main Level
      Features
      • Entrance Foyer, Granite Counters, Drywall, Cable TV, High Speed Internet, DSL, WiFi
      • Flooring: Wood
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,026
      • Total interior livable area: 1,026 sqft
      • Finished area above ground: 1,026
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Drive Under/Built-In, Garage Door Opener, Paved, Concrete Floors, Asphalt, Shared Driveway
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: 2+ Story
      • Stories: 2
      • Entry location: Stairway (Indoor),Other,Third Floor Lvl or Higher
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Bay, Water, Bay View
      • Has water view: Yes
      • Water view: Water,Bay
      Lot
      • Features: Cleared, Level, Landscaped
      Details
      • Additional structures: None
      • Parcel number: 285116100303
      • Zoning description: Residential,Commercial,Rental History

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Frame, Stucco/Drivit
      • Foundation: Slab
      • Roof: Membrane
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None, Pets Allowed
      • Subdivision: Freshwater Flats
      HOA
      • Services included: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure
      • HOA fee: $2,700 annually
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $546/sqft
      • Tax assessed value: $209,148
      • Annual tax amount: $7,602
      • Price range: $560K - $560K
      • Date on market: 11/3/2025
      • Cumulative days on market: 627 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $546,600

        $519,000 - $574,000

        $2,622/mo

        Price history

        DateEventPrice
        6/16/2026Price change$560,000-0.9%$546/sqft
        Source: NGLRMLS #1940200 Report a problem
        4/28/2026Price change$565,000-0.9%$551/sqft
        Source: NGLRMLS #1940200 Report a problem
        2/26/2026Price change$570,000-0.9%$556/sqft
        Source: NGLRMLS #1940200 Report a problem
        9/8/2025Price change$575,000-0.4%$560/sqft
        Source: NGLRMLS #1928765 Report a problem
        6/10/2025Price change$577,500-0.3%$563/sqft
        Source: NGLRMLS #1928765 Report a problem
        4/29/2025Price change$579,500-0.4%$565/sqft
        Source: NGLRMLS #1928765 Report a problem
        2/25/2025Price change$582,000-0.3%$567/sqft
        Source: NGLRMLS #1928765 Report a problem
        1/17/2025Price change$584,000-0.8%$569/sqft
        Source: NGLRMLS #1928765 Report a problem
        12/4/2024Price change$589,000-1.8%$574/sqft
        Source: NGLRMLS #1928765 Report a problem
        11/4/2024Listed for sale$599,900$585/sqft
        Source: NGLRMLS #1928765 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,602 +7.5%$304,300 +37.4%
        2024$7,070 +134.8%$221,400 +14.6%
        2023$3,011 +85.5%$193,200 +21%
        2022$1,624 $159,700 +443.2%
        2021-- $29,400
        Find assessor info on the county website

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        81 / 100
        Very Walkable
        89 / 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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