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6
Photos
330 E State St Unit 505 505, Traverse City, MI 49684
$3,504,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
2,895
sqft
Built in
2024
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.This unit has panoramic bay views, two balcony spaces and a private rooftop terrace/garden.
Features & Amenities
Interior
- General:
- Foyer Entrance,Walk-In Closet(s),Solid Surface Counters
- Appliances:
- Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Security System
- Basement:
- Other
- A/C:
- Forced Air,Central Air
- Heating:
- Forced Air,Central Air, Natural Gas,Multiple Units
- Fireplace:
- Other
Exterior
- General:
- Other, Balcony,Sidewalk
- Style:
- Other,2+ Story
- Other Structures:
- None
Construction
- Roofing:
- Other
- General:
- Brick,To Be Built, Other,2+ Story, Other
Location
- Road/Access:
- Other,Blacktop
- HOA Amenities:
- Other, 300.0
- School District:
- Traverse City Area Public Schools
- County:
- Grand Traverse
Lot
- Driveway:
- Other
- Zoning:
- Residential,Commercial,Building-Use Restrictions, LOTS 5-6 BLK 21 ORIGINAL PLAT
Utilities
- Water:
- Municipal
- Sewer:
- Municipal
This listing courtesy of:
Coldwell Banker Schmidt-522, Ken Kleinrichert
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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