1641 Us-31 N 8, Traverse City, MI 49686

$750,000 Asking Price

3 beds
3 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 Ceilings,Walk-In Closet(s),Wet Bar,Pantry,Loft,Granite Bath Tops,Granite Kitchen Tops,Vaulted Ceilings,Drywall
Appliances:
Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Washer,Dryer,Wall Oven,Exhaust Fan,Blinds,Ceiling Fan,Natural Gas Water Heater
Basement:
Slab
A/C:
Forced Air,Central Air
Heating:
Forced Air,Central Air, Natural Gas
Fireplace:
Fireplace(s),Gas

Exterior

General:
Vinyl,Stone, Sprinkler System,In Ground Pool,Deck,Patio,Sidewalk,Handicap Access,Landscaped,Garden Area,Gutters
Style:
2 Story,Contemporary,Townhouse
Other Structures:
None

Construction

Roofing:
Asphalt
General:
2x6 Framing,Frame, 2 Story,Contemporary,Townhouse, Slab

Location

Road/Access:
Public Maintained,Association,Blacktop
HOA Amenities:
Water,Sewer,Trash Removal,Snow Removal,Lawn Care,Exterior Maintenance
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Driveway:
Blacktop,Private,Shared
Zoning:
Residential,Multi-Family,Deed Restrictions, Unit 8, Villas at Grand Beach

Utilities

Water:
Municipal
Sewer:
Municipal

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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