(Unit 403) 330 E State Street # 403, Traverse City, MI 49684

$963,771 Asking Price

2 beds
3 baths
1,350  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.

Features & Amenities

Interior

General:
Entrance Foyer, Walk-In Closet(s), Solid Surface Counters, Cable TV
Appliances:
Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave
Laundry:
Main Level
A/C:
true, Central Air, Multi Units
Heating:
true, Forced Air, Natural Gas
Fireplace:
Other, Fireplace
Disability Feature:
None

Exterior

General:
Balcony, Sidewalk
Style:
Other
Parking:
Attached, Drive Under/Built-In, Garage Door Opener, Alley Access, Other, Heated Garage, Concrete Floors

Construction

Roofing:
Other
General:
Brick, Other, 2, Other

Location

Road/Access:
Other
HOA Amenities:
Other, 3600.0, Annually
Originating MLS:
NGLRMLS API
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Zoning:
LOTS 5-6 BLK 21 ORIGINAL PLAT
View:
Water, View

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
NGLRMLS API
Ownership:
Private Owner

This listing courtesy of:
Coldwell Banker Schmidt Traver, Ken Kleinrichert

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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