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Sold for $5,000,000
  • $5,000,000

    305 Hamilton St, Traverse City, MI 49686

    30beds
    11,520sqft
    Single Family Residence, Townhouse
    Built in 2025
    0.47 Acres Lot
    $5,760,300 Zestimate®
    $434/sqft
    $2,883 Estimated rent

    Home value

    $5,760,300

    $5.47M - $6.05M

    $2,883/mo

    Zestimate® history
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    What's special

    High-end commercial-grade furnishingsOutdoor kitchen grilling areaSmart tvs throughoutOn-site parkingLp smartside sidingIn-unit washer and dryerGlass-enclosed tiled showers
    LOCATION! TURNKEY! Hamilton Place is a collection of 15 newly constructed townhomes completed in 2025. This is a truly turnkey hospitality-focused development in the heart of Traverse City! The property offers on-site parking and an exceptional shared outdoor experience featuring an outdoor kitchen grilling area, two easy-start fire pits with lounging spaces, and a pergola-covered dining area designed for gathering and entertaining. Ideally located near the base of Old Mission Peninsula, Hamilton Place is just a short walk to Bryant Park and the Civic Center, and only minutes from downtown Traverse City and the Cherry Capital Airport. Inside, each townhome is thoughtfully designed with a fully equipped kitchen, in-unit washer and dryer, two bedrooms, and two full bathrooms. The property comes complete with high-end commercial-grade furnishings and all essential housewares, including cookware, dishware, and more. Additional highlights include LP SmartSide siding, Marvin casement windows with blinds, glass-enclosed tiled showers, heated bathroom floors, individual climate control units in each bedroom and the main living area, smart TVs throughout, and a designated parking space for each townhome, plus ample overflow parking along Hamilton Street. An established professional rental management program is already in place, offering immediate income potential and a seamless ownership experience. The development includes one 5-unit building, one 4-unit building, and two 3-unit buildings, each with its own distinct design aesthetic and finish selections. Notably, many guest reservations are for entire buildings rather than individual townhomes, creating exceptional flexibility for group travel, retreats, weddings, corporate stays, and larger gatherings. The quality, craftsmanship, and hospitality-driven vision behind Hamilton Place truly set it apart. Rare opportunity to acquire a distinctive luxury property in Traverse City!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle O'Grady 231-499-9999,

    REMAX Bayshore - Union St TC 231-941-4500

    Bought with:

    Daniel Stiebel, 6502352362

    Coldwell Banker Schmidt Traverse City

    Source: NGLRMLS,MLS#: 1945832MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 30
    • Bathrooms: 30
    • Full bathrooms: 30
    • Main level bathrooms: 15
    Primary bedroom
    • Level: Upper
    • Dimensions: 11.75 x 11.42
    Bedroom 2
    • Level: Upper
    • Dimensions: 9.83 x 9.83
    Primary bathroom
    • Features: Shared
    Kitchen
    • Level: Main
    • Area: 100
    • Dimensions: 10 x 10
    Living room
    • Level: Main
    • Area: 156
    • Dimensions: 12 x 13
    Heating
    • Baseboard
    Cooling
    • Ductless, Electric, Multi Units
    Appliances
    • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Electric Water Heater
    • Laundry: Main Level
    Features
    • Pantry, Solid Surface Counters, Ceiling Fan(s), WiFi
    • Flooring: Luxury Vinyl Plank
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 11,520
    • Total interior livable area: 11,520 sqft
    • Finished area above ground: 11,520
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None, Asphalt, Shared Driveway
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Sprinkler System, Sidewalk, Rain Gutters
    • Waterfront features: None
    Lot
    • Size: 0.47 Acres
    • Dimensions: 162 x 100 x 244 x 130
    • Features: Other, Landscaped
    Details
    • Additional structures: None
    • Parcel number: 5158209200
    • Zoning description: Residential,Multi-Family,Commercial

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary,Townhouse
    • Property subtype: Single Family Residence, Townhouse
    Materials
    • 2x6 Framing, Frame, Press Board
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Pets Allowed, Common Area
    Location
    • Region: Traverse City
    • Subdivision: Hamilton Place

    HOA & financial

    HOA
    • Services included: Other

    Other

    Other facts
    • Listing agreement: Exclusive Right Sell
    • Price range: $5M - $5M
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/1/2026Sold$5,000,000-15.3%$434/sqft
    Source: NGLRMLS #1945832 Report a problem
    5/29/2026Listed for sale$5,900,000+559.2%$512/sqft
    Source: NGLRMLS #1945832 Report a problem
    7/30/2020Listing removed$895,000$78/sqft
    Source: RE/MAX Bayshore #1874682 Report a problem
    5/19/2020Listed for sale$895,000$78/sqft
    Source: RE/MAX Bayshore #1874682 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,344 +85.4%$1,018,200 +46.9%
    2024$12,589 +47.5%$693,300 +127.2%
    2023$8,537 +2.5%$305,200 +41.4%
    2022$8,331 +1.1%$215,800
    2021$8,240 +0.8%$215,800 +11.1%
    2020$8,171 $194,300 +22%
    2019$8,171 +2.2%$159,300 +5.1%
    2018$7,996 $151,600 +5.4%
    2017-- $143,900 +4%
    2016-- $138,400 +124.7%
    2014-- $61,600
    2012-- $61,600 +39.7%
    2011-- $44,100
    2010-- $44,100 -11.1%
    2009-- $49,600
    2008-- $49,600
    2007-- $49,600 -44.2%
    2005-- $88,880 +2.4%
    2004-- $86,770 +0.4%
    2003-- $86,390 +3.2%
    2002-- $83,680 +2.2%
    2001-- $81,840
    2000-- $81,840

    Find assessor info on the county website

    Neighborhood: 49686

    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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