A landmark of timeless elegance, The Ottaway offers an exceptional luxury residential experience in the heart of downtown Traverse City, with a rare opportunity to own a fully furnished, designer-curated residence. Designed by internationally renowned architecture firm AMDG and inspired by the classic charm of Chicago’s Gold Coast and New York’s Upper East Side, this to-be-built boutique building blends refined sophistication with Northern Michigan tradition. Developed by J. Peterson Homes, The Residences at The Ottaway will offer just four exclusive condominium homes, each meticulously finished with high-end furnishings, lighting, and décor thoughtfully selected to complement the architecture and craftsmanship. Tucked along a quiet stretch of East Front Street, each residence enjoys tranquil views of the Ottaway River and West Bay, with a newly created green space just across the street. Residents also enjoy Traverse City’s first rooftop pool, complete with panoramic water views, a spa, dining terrace, fire pit, and lounge. Private elevators open directly into each home’s foyer, leading to an open-concept layout with a chef’s kitchen featuring Wolf and Sub-Zero appliances, quartz countertops, and custom cabinetry, flowing seamlessly into furnished living and dining spaces and out to a covered porch. The primary suite offers bay views, a Juliette balcony, a walk-in closet, and a spa-inspired bath. Each residence includes three bedrooms, two full baths, a half bath, and in-unit laundry, along with hardwood floors, crown moulding, Kohler fixtures, and custom millwork throughout. Additional amenities include two deeded, heated garage spaces, private storage, and a fitness center. Just one block from downtown’s most celebrated dining destinations and moments from sandy beaches and waterfront trails, The Ottaway offers a rare combination of architectural distinction, premier amenities, and an unmatched downtown setting, with only four residences available.
For sale
$2,995,000
424 E Front St #1, Traverse City, MI 49684
4beds
2,237sqft
Condominium, Single Family Residence
Built in 2026
-- sqft lot
$2,838,300 Zestimate®
$1,339/sqft
$600/mo HOA
What's special
Covered porchHardwood floorsCustom millwork throughoutCrown mouldingFully furnished designer-curated residenceWalk-in closetKohler fixtures
- 154 days |
- 188 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Thomas Corbett 617-515-9707,
REMAX Bayshore - West Shore Dr TC 231-941-4500,
BJ Brick,
REMAX Bayshore - West Shore Dr TC
Source: NGLRMLS,MLS#: 1942055
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
Primary bathroom
- Features: Private
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Oven/Range
- Laundry: Main Level
Features
- Kitchen Island, Cable TV
- Has fireplace: Yes
Interior area
- Total structure area: 2,237
- Total interior livable area: 2,237 sqft
- Finished area above ground: 2,237
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Entry location: Stairway (Indoor),Elevator,Second Floor Level
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Water,Bay
Lot
- Features: Level
Details
- Additional structures: None
- Parcel number: 285179800600
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Block
- Foundation: Poured Concrete
- Roof: Membrane
Condition
- To Be Built
- New construction: No
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Fitness Center, Pool, Common Area
- Subdivision: The Residences at The Ottaway
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Other
- HOA fee: $7,200 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $1,339/sqft
- Tax assessed value: $36,014
- Price range: $3M - $3M
- Date on market: 2/4/2026
- Cumulative days on market: 155 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,Other
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$2,838,300
$2.70M - $2.98M
$4,264/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Listed for sale | $2,995,000$1,339/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 1.3 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 4.8 mi
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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A local lender can help you make sure your offer is ready when you are.
- Michigan
- Grand Traverse County
- Traverse City
- 49684
- Downtown
- 424 E Front St Unit 1





