For sale

$269,900

2305 N Us Highway 31 N #400, Traverse City, MI 49686

1beds

712sqft

$2,223/mo

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Condominium, Single Family Residence

Built in 1990

-- sqft lot

$254,700 Zestimate^®

$379/sqft

$460/mo HOA

What's special

Condo with 200' of shared Grand Traverse Bay waterfront! Fully furnished 1BR/1BA condo, perfect for your Up-North hideaway or an excellent income generating potential with on-site rental management already in place. Gorgeous sandy East Bay beach, heated in-ground swimming pool, and a shared beach side deck are the highlights of this prime vacation property. This quiet, bungalow style penthouse unit is fully furnished and is the biggest single bedroom in the complex, and the only one located on the 4th floor. Featuring a dining area that overlooks the pool and part of the bay, a cozy living area accented with a skylight, an efficient alcove kitchen, and a relaxing bedroom with plenty of closet space. Great location across from TART Trail and convenient distance from downtown Traverse City for shopping, dining, and various recreational activities!

419 days

360

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 121
Dimensions: 11 x 11

Primary bathroom

Features: Shared

Kitchen

Level: Main
Area: 32
Dimensions: 8 x 4

Living room

Level: Main
Area: 144
Dimensions: 16 x 9

Heating

Baseboard

Cooling

Zoned, Electric

Appliances

Included: Refrigerator, Microwave, Cooktop, Gas Water Heater
Laundry: Lower Level

Features

Walk-In Closet(s), Drywall, Cable TV, High Speed Internet, DSL, WiFi
Windows: Skylight(s), Blinds
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 712
Total interior livable area: 712 sqft
Finished area above ground: 712
Finished area below ground: 0

Property

Parking

Parking features: None, Asphalt

Accessibility

Accessibility features: None

Features

Levels: 2+ Story
Stories: 2
Entry location: Stairway (Indoor),Elevator,Third Floor Lvl or Higher
Patio & porch: Deck
Exterior features: Sidewalk
Pool features: In Ground
Has view: Yes
View description: Bay, Water
Has water view: Yes
Water view: Water,Bay
Waterfront features: All Sports, Sandy Bottom, Great Lake, Lake, Sandy Shoreline
Body of water: Grand Traverse Bay
Frontage type: Waterfront
Frontage length: 200

Lot

Features: Cleared, Level, Landscaped

Details

Additional structures: None
Parcel number: 0354540000
Zoning description: Commercial,Rental History

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Single Family Residence
Attached to another structure: Yes

Materials

Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Composition

Condition

New construction: No
Year built: 1990

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Pool, Lake Privileges, Common Area
Security: Smoke Detector(s)
Subdivision: North Shore Inn

HOA

Services included: Maintenance Structure, Other
HOA fee: $5,520 annually

Location

Region: Traverse City

Financial & listing details

Price per square foot: $379/sqft
Tax assessed value: $63,970
Annual tax amount: $2,715
Price range: $269.9K - $269.9K
Date on market: 6/20/2025
Cumulative days on market: 1163 days
Listing agreement: Exclusive Right Sell
Listing terms: Other
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

$254,700

$242,000 - $267,000

$1,477/mo

Price history

Date	Event	Price
6/20/2025	Price change	$269,900-6.6%$379/sqft
Source: NGLRMLS #1935436 Report a problem
5/13/2024	Price change	$289,000-3%$406/sqft
Source: NGLRMLS #1912071 Report a problem
6/9/2023	Listed for sale	$298,000$419/sqft
Source: NGLRMLS #1912071 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,715 +5.7%	$97,400 +25%
2024	$2,568 +5%	$77,900 +30.9%
2023	$2,446 +40.8%	$59,500 +8.6%
2022	$1,738 -60.9%	$54,800 +40.5%
2021	$4,446 +126.3%	$39,000 -22%
2020	$1,964	$50,000 -22.1%
2019	$1,964 +2.4%	$64,200 +41.4%
2018	$1,918	$45,400 -1.3%
2017	--	$46,000 +11.4%
2016	--	$41,300 +0.2%
2014	--	$41,200 -21.6%
2011	--	$52,560 -6.2%
2010	--	$56,060 -0.9%
2009	--	$56,570 -16.6%
2008	--	$67,810 -8.4%
2007	--	$74,000 +84.1%
2005	--	$40,200 +4.7%
2004	--	$38,400