Downtown, beaches, and parks, oh my!!! Taken to the studs and rebuilt, this is not a cosmetic flip; all work permitted and inspected. Roughly 85% of this classic Traverse City home was gutted between 2019 and 2022, then rebuilt with intention: all-new electrical (knob-and-tube fully removed), on-demand hot water, central air, and substantial new ductwork throughout. Hickory hardwood runs the open main level, where the kitchen anchors it all with high-gloss cabinetry, quartz counters, and a deep blue island seating six. A built-in microwave doubles as a convection oven, an iridescent tile rises to the hood, and floating oak shelves flank French doors to the deck. Custom built-ins separate the living and dining spaces, the latter under a beamed beadboard ceiling with a slider to the yard. An open-tread staircase with glass railings turns circulation into architecture, with a library nook tucked beneath. Every bedroom has its own bath and walk-in closet (two had no closet at all before, one is not an en suite). A combined bath-and-laundry suite with built-in shelving now replaces what were once three cramped main-floor rooms. Upstairs, the original oak floors have been restored after decades of carpet and paint. The primary suite occupies what used to be the attic: a vaulted ceiling, a linear fireplace, and French doors to a private balcony. Its spa bath features chevron-laid stone tile, a freestanding soaking tub in a four-window bay, a frameless glass shower with a ceiling rain panel and dual wall heads, dual vanities with art-glass vessel sinks, a heated towel rack, a private water closet, and a custom walk-in closet. Outside: a fenced yard, a tiled sports court with a hoop (tiles are removable if not needed), and a multi-level deck built for entertaining or unwinding by the fire pit. Raised garden beds sit near a pond fed by a natural spring: new siding, a new front deck, and a new roof over the addition round things out. Walkable to downtown Traverse City. No
For sale
Price cut: $22K (9/16)
$875,000
723 Washington St, Traverse City, MI 49686
3beds
2,270sqft
Single Family Residence
Built in 1895
6,969 Square Feet Lot
$836,300 Zestimate®
$385/sqft
$-- HOA
What's special
Fenced yardAll-new electricalSubstantial new ductwork throughoutHeated towel rackCustom walk-in closetNew sidingOn-demand hot water
- 69 days
- 1,185
- 33
Zillow last checked:
Listing updated:
Listed by:
Erica Foerster Cell:210-286-8954,
REO-TCFront-233021 231-947-9800,
Marc Foerster,
REO-TCFront-233021
Source: NGLRMLS,MLS#: 1948641
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Dining Room
Primary bedroom
- Level: Upper
- Area: 237.11
- Dimensions: 13.1 x 18.1
Bedroom 2
- Level: Upper
- Area: 182.02
- Dimensions: 14.11 x 12.9
Bedroom 3
- Level: Main
- Area: 205.9
- Dimensions: 14.2 x 14.5
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 110.09
- Dimensions: 10.9 x 10.1
Kitchen
- Level: Main
- Area: 194.72
- Dimensions: 14.11 x 13.8
Living room
- Level: Main
- Area: 241.28
- Dimensions: 14.11 x 17.1
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Instant Hot Water
- Laundry: Main Level
Features
- Bookcases, Entrance Foyer, Walk-In Closet(s), Pantry, Granite Bath Tops, Solid Surface Counters, Kitchen Island, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Flooring: Wood, Tile
- Windows: Blinds, Drapes, Curtain Rods
- Basement: Partial
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,270
- Total interior livable area: 2,270 sqft
- Finished area above ground: 2,270
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Alley Access, Paved, Dirt
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Porch
- Exterior features: Balcony, Sidewalk, Garden, Rain Gutters
- Fencing: Fenced
- Waterfront features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 156 x 47 x 109 x 49 x 46
- Features: Level, Landscaped, Subdivided, Metes and Bounds
Details
- Additional structures: Shed(s)
- Parcel number: 285164214100
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding, Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1895
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Hannah Lay 7th
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $255,212
- Annual tax amount: $9,033
- Price range: $875K - $875K
- Date on market: 7/30/2026
- Cumulative days on market: 69 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,VA Loan,Trade
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$836,300
$794,000 - $878,000
$3,898/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $875,000-2.5%$385/sqft |
Source:  NGLRMLS #1948641 Report a problem | ||
| 7/30/2026 | Listed for sale | $897,000+139.2%$395/sqft |
Source: NGLRMLS #1948641 Report a problem | ||
| 8/29/2019 | Sold | $375,000-6.2%$165/sqft |
Source: NGLRMLS #1865043 Report a problem | ||
| 7/26/2019 | Listed for sale | $399,900+48.1%$176/sqft |
Source: RE/MAX Bayshore #1865043 Report a problem | ||
| 6/1/2006 | Sold | $270,000+33%$119/sqft |
Source: Agent Provided Report a problem | ||
| 8/5/2004 | Sold | $203,000$89/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,033 +7.5% | $315,300 +7.3% |
| 2024 | $8,400 +4.7% | $293,900 +20.4% |
| 2023 | $8,022 +4.5% | $244,200 +6.1% |
| 2022 | $7,680 +17.3% | $230,200 +11.3% |
| 2021 | $6,550 +34.2% | $206,800 +17.8% |
| 2020 | $4,882 | $175,600 +7.1% |
| 2019 | $4,882 +2.1% | $164,000 +4% |
| 2018 | $4,781 | $157,700 +4% |
| 2017 | -- | $151,700 +11% |
| 2016 | -- | $136,700 +9.7% |
| 2014 | -- | $124,600 +6.6% |
| 2012 | -- | $116,900 -1.4% |
| 2011 | -- | $118,600 -8.6% |
| 2010 | -- | $129,800 -0.7% |
| 2009 | -- | $130,700 +7.7% |
| 2008 | -- | $121,330 +8.8% |
| 2007 | -- | $111,510 +9.9% |
| 2005 | -- | $101,500 -2.5% |
| 2004 | -- | $104,150 +13.1% |
| 2003 | -- | $92,060 +22.2% |
| 2002 | -- | $75,320 +4.6% |
| 2001 | -- | $72,010 +0.9% |
| 2000 | -- | $71,360 |
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.Climate risks
Neighborhood: Oak Park
Nearby schools
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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