1641 US-31 N # 8, Traverse City, MI 49686

$625,000 Asking Price

3 beds
4 baths
2,260  sqft
Built in 2004

Luxurious and spacious 2-Story Townhouse located on East Bay! "Miracle Mile" sugar sand beach is merely steps away from this 3-4 Bedroom, 3.5 Bath Turnkey Condominium at the Grand Beach Resort. Dramatic 2-story Great Room has floor-to-ceiling Gas fireplace and open loft. Open concept floor plan has a light and airy flow. Central Gourmet Kitchen with Granite Countertops and upscale appliances, Sub-Zero Frig and Bosch Dishwasher. Convenient main floor laundry and powder room. Large dining room area with room for up to 10 guests plus additional seating at the breakfast bar. Main floor Primary Bedroom Suite has walk-in closet, dual sinks and walk-in tiled shower. All baths have in-floor radiant heat with tiled floors. All newer mechanical systems in 2021 including a new furnace, hot water heater and Central A/C. Private patio with storage shed and gas grill. 1-car detached garage with built-in storage locker and ample guest parking on site. Access to all resort amenities including swimming pool, hot tub and fitness room. Beach and dock is shared by only 8 units with boating privileges available. These units rarely become available and are a solid investment with good rental income potential. There is high demand from the on-site weekly rental management program for 50% fee, especially during the Summer months, Cherry Festival and Horse Shows By the Bay. Incredible opportunity to enjoy a vacation Condo in Traverse City and create passive income to offset operating expenses such as property taxes and HOA dues.

Features & Amenities

Interior

General:
Cathedral Ceiling(s), Walk-In Closet(s), Wet Bar, Pantry, Loft, Granite Bath Tops, Granite Counters, Vaulted Ceiling(s), Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
Appliances:
Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Oven, Exhaust Fan, Gas Water Heater
Laundry:
Main Level
Flooring:
Tile, Carpet, Wood, Sustainable
A/C:
true, ENERGY STAR Qualified Equipment, Central Air
Heating:
true, ENERGY STAR Qualified Equipment, Forced Air, Fireplace(s), Natural Gas
Fireplace:
Gas, Fireplace
Disability Feature:
Handicap Access, Accessible Hallway(s), Main Floor Access, Accessible Entrance
Eco/Green Feature:
Appliances, Windows

Exterior

General:
Dock, Sprinkler System, Sidewalk, Garden, Rain Gutters
Style:
Contemporary, Townhouse
Pool:
In Ground
Parking:
Asphalt, Private, Shared Driveway, Detached, Garage Door Opener, Paved, Concrete Floors

Construction

Roofing:
Asphalt
Windows:
Blinds
General:
2x6 Framing, Frame, Vinyl Siding, Stone, 2, Slab

Location

Road/Access:
Asphalt
HOA Amenities:
Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, 9440.0, Annually
Originating MLS:
NGLRMLS API
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Zoning:
Unit 8, Villas at Grand Beach

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
NGLRMLS API
Ownership:
Private Owner

This listing courtesy of:
REO-TCRandolph-233022, Michael S Mitchell

About Traverse City, MI

Housing

Number of Units
37,647
Median Home Value
$253,583
Median Rent
$889

24.77% of housing units are renter occupied.

11.10% are vacant.

Commute

Car
80.96%
Public Transportation
1.36%
Walk to Work
2.46%
Work from Home
13.26%
Other
0.48%

The median travel time to work is 18 minutes.

People

Population
75,364
Median Age
43.50
Median Household Size
2.53

Education

High School
20.97%
Associate’s Degree
9.01%
Bachelor’s Degree
26.84%
Graduate Degree
15.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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