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Pending
  • $550,000

    330 E State St #301, Traverse City, MI 49684

    1beds
    1,171sqft
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    Condominium, Single Family Residence
    Built in 2024
    -- sqft lot
    $505,800 Zestimate®
    $470/sqft
    $300/mo HOA

    What's special

    Rooftop gardenBay viewsTraverse city
    Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 12 of 35 units available(one on the 3rd floor, 7 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, set to be built over the next 24 months. Construction is set to re-commence April 2024, with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Kleinrichert Cell:231-620-2989,

    Coldwell Banker Schmidt Traverse City 231-922-2350

    Source: NGLRMLS,MLS#: 1918848MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 168
      • Dimensions: 12 x 14
      Primary bathroom
      • Features: Private
      Kitchen
      • Level: Main
      • Area: 110
      • Dimensions: 11 x 10
      Living room
      • Level: Main
      • Area: 266
      • Dimensions: 14 x 19
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Multi Units
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave
      • Laundry: Main Level
      Features
      • Entrance Foyer, Walk-In Closet(s), Solid Surface Counters, Cable TV
      • Has fireplace: Yes
      • Fireplace features: Other
      Interior area
      • Total structure area: 1,171
      • Total interior livable area: 1,171 sqft
      • Finished area above ground: 1,171
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 45
      • Parking features: Attached, Drive Under/Built-In, Garage Door Opener, Alley Access, Other, Heated Garage, Concrete Floors
      • Attached garage spaces: 45
      Accessibility
      • Accessibility features: None
      Features
      • Levels: 2+ Story
      • Stories: 2
      • Entry location: Stairway (Indoor),Elevator,Third Floor Lvl or Higher
      • Exterior features: Balcony, Sidewalk
      • Waterfront features: None
      Lot
      • Features: Other
      Details
      • Additional structures: None
      • Parcel number: 5179816200
      • Zoning description: Residential,Commercial,Building-Use Restrictions

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick, Other
      • Foundation: Other
      • Roof: Other
      Condition
      • To Be Built
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Security: Security System
      • Subdivision: Peninsula Place
      HOA
      • Services included: Other
      • HOA fee: $3,600 annually
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $470/sqft
      • Tax assessed value: $46,200
      • Annual tax amount: $420
      • Price range: $550K - $550K
      • Date on market: 1/25/2024
      • Cumulative days on market: 483 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $505,800

        $425,000 - $597,000

        $3,078/mo

        Price history

        DateEventPrice
        12/3/2024Pending sale$550,000$470/sqft
        Source: NGLRMLS #1918848 Report a problem
        1/25/2024Listed for sale$550,000$470/sqft
        Source: NGLRMLS #1918848 Report a problem
        1/1/2024Listing removed$550,000$470/sqft
        Source: NGLRMLS #1914196 Report a problem
        8/18/2023Price change$550,000-4.8%$470/sqft
        Source: NGLRMLS #1914196 Report a problem
        8/4/2023Listed for sale$578,000$494/sqft
        Source: NGLRMLS #1914196 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$420 +6.6%$23,100 +5.5%
        2024$394 +4.8%$21,900 +18.4%
        2023$376 -11.3%$18,500 +14.2%
        2022$424 $16,200 +3.2%
        2021-- $15,700
        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

        82 / 100
        Very Walkable
        90 / 100
        Biker's Paradise

        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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