$3,250,000
NEW CONSTRUCTION

Estimated payment $21,659/month

Total Views 95,045
5 Beds
3 Baths
2,432 Sq Ft
$1,336 Price per Sq Ft

Highlights

  • Heated Driveway
  • New Construction
  • Home Performance with ENERGY STAR
  • Central High School Rated A-
  • Bay View
  • 2-minute walk to Lay Park

About This Home

Introducing the Penthouses at 111 State Street: two full-floor residences, each with its own private elevator, oversized climate-controlled garage, and dedicated rooftop terrace with views of Grand Traverse Bay. Each home offers nearly 3,500 square feet of private interior and exterior living space. The private elevator provides direct access from the lobby into the residence and continues up to the rooftop terrace with water views. Construction is scheduled for completion late Summer 2025. Each home has a bespoke interior design package that includes natural marble, white oak floors, top of the line appliances, custom millwork, over ten foot ceilings and oversized windows that flood the space with natural light from multiple exposures. The homes have been designed for a lifestyle of privacy and convenience, located two blocks from the beach and Clinch Marina, steps from restaurants, shopping, and trailheads. Freshwater Development is recognized for its uncompromising commitment to quality, building to the highest standards. The homes have advanced soundproofing throughout and double-pane casement windows, ensuring energy efficiency and serene interior quiet. Each residence has its own climate-controlled garage with oversized doors, generous storage, and EV charging stations. A private rooftop terrace extends the living space outdoors, complete with a custom pergola and the option to add an outdoor kitchen, sauna, cold plunge, or hot tub. These two homes have been carefully constructed with the finest materials and executed with meticulous attention to detail, all supported by Freshwater Development’s signature white-glove service, an experience that continues well beyond closing day. See Developer's website for more information: freshwaterdevelopments.com

Listing Agent

Lydia Wiley

@properties Christie's Int'l License #6501434066 Listed on: 05/13/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Wood Roof
  • Membrane Roofing
  • Wood Siding
  • Steel Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Bay Views
  • Home Security System

Kitchen

  • Oven or Range
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Alley Access
  • Garage Door Opener
  • Heated Driveway

Accessible Home Design

  • Stepless Entry

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Home Performance with ENERGY STAR
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Electric Air Filter
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include trash removal, snow removal, lawn care, exterior maintenance, liability insurance, fire insurance
  • Penthouses At 111 State Community

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2025
  • Construction: Brick, Frame, Steel, New Construction
  • Section Number: 3
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry, Elevator
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2025

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Security System, Freezer, Cook Top, Exhaust Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Solid Surface Counters, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Beamed Ceilings, Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 16x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 12x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 12x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 12x10, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 18x10, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 20x11, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18x22, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 11x10, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2432
  • Price Per Sq Ft: 1336.35
  • Range: R 11W
  • Total Finished Sf Apx: 2432

Exterior Features

  • Exterior Features: Bay View, Deck, Sidewalk, Landscaped, Gutters
  • Exterior Finish: Wood, Brick
  • Foundation: Block
  • Road: Blacktop
  • Roof: Wood, Membrane
  • Water Features: Bay View

Garage/Parking

  • Driveway: Heated, Blacktop, Alley Access
  • Garage Capacity: 1
  • Primary Garage: Attached, Door Opener, Alley Entrance, Paved Driveway, Heated

Utilities

  • Heating Cooling Types: Forced Air, Central Air, Electric Air Filter, Zoned/Dual, Heat Pump, Electric Air Cleaner
  • Laundry: Dimensions: 8x7, On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Trash Removal, Snow Removal, Lawn Care, Exterior Maintenance, Liability Insurance, Fire Insurance
  • Condo: Yes
  • Condo Unit Access: Elevator, No Steps
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 700

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Penthouses at 111 State

Schools

  • School District: Traverse City Area Public Schools

Green Features

  • Energy Efficient: Energy Star Rating, Energy Star Appliances, Energy Efficient Windows, Low-e Windows
  • Renewable: Energy Star Rated A/C, Programmable Thermostat, Energy Star Rated Furnace

Lot Info

  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $3,250,000 -- $1,336 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

About the Listing Agent

Lydia Wiley

@properties Christie's Int'l

(231) 450-6916

Section Image

Lydia's Other Listings

  • 111 E State St Unit PH B, Traverse City, MI 49684

    $2,950,000 New Construction

    • 5 Beds
    • 3 Baths
    • 2,436 Sq Ft
    • 111 E State St
    • Unit PH B
    • Traverse City, MI

    Introducing the Penthouses at 111 State Street: two full-floor residences, each with its own private elevator, oversized climate-controlled garage, and dedicated rooftop terrace with views of Grand Traverse Bay. Each home offers nearly 3,500 square feet of private interior and exterior living space. The private elevator provides direct access from the lobby into the residence and continues up to

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 100 N Park St Unit B, Traverse City, MI 49684

    $2,325,000 Under Contract

    • 5 Beds
    • 3.5 Baths
    • 2,295 Sq Ft
    • 100 N Park St
    • Unit B
    • Traverse City, MI

    The Brownstones at 100 Park: Downtown Traverse City’s first and only residential development with private boat slips. This landmark offering features three custom waterfront homes with panoramic water views, direct Boardman River frontage, and easy boating access to West Grand Traverse Bay on Lake Michigan. Each residence includes a private boat slip for a 22-foot boat and up to two parking

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 100 N Park St Unit A, Traverse City, MI 49684

    $2,195,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 1,941 Sq Ft
    • 100 N Park St
    • Unit A
    • Traverse City, MI

    The Brownstones at 100 Park: Downtown Traverse City’s first and only residential development with private boat slips. This landmark offering features three custom waterfront homes with panoramic water views, direct Boardman River frontage, and easy boating access to West Grand Traverse Bay on Lake Michigan. Each residence includes a private boat slip for a 22-foot boat and up to two parking

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 100 N Park St Unit C, Traverse City, MI 49684

    $1,975,000 Under Contract

    • 4 Beds
    • 3.5 Baths
    • 1,845 Sq Ft
    • 100 N Park St
    • Unit C
    • Traverse City, MI

    The Brownstones at 100 Park: Downtown Traverse City’s first and only residential development with private boat slips. This landmark offering features three custom waterfront homes with direct Boardman River frontage and easy boating access to West Grand Traverse Bay on Lake Michigan. Each residence includes a private boat slip for a 22-foot boat and up to two parking spaces within a gated,

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 864 E State St, Traverse City, MI 49686

    $775,000

    • 3 Beds
    • 2 Baths
    • 1,258 Sq Ft
    • 864 E State St
    • Traverse City, MI

    Fully renovated 2 bed/1 bath and 1 bed/1 bath duplex, turnkey, entirely furnished, and income-ready! Nearly every inch of this property has been meticulously reconstructed from the studs with premium finishes, new mechanicals, appliances, insulation, drywall, trim, flooring, tile, paint, electrical, and plumbing systems. Exterior improvements include new siding, windows, doors, trim, foundation

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 1721 Timberlane Dr, Traverse City, MI 49686

    $760,000

    • 5 Beds
    • 3.5 Baths
    • 3,744 Sq Ft
    • 1721 Timberlane Dr
    • Traverse City, MI

    Welcome to 1721 Timber Lane, located in the desirable Huron Hills neighborhood and surrounded by nature at the base of the Old Mission Peninsula. This spacious 5 bed + den / 3.5 bath home offers the perfect combination of privacy and access, just a short bike ride to beaches, parks, trails, Eastern Elementary, Central High School, and Downtown Traverse City. Abundant natural light illuminates the

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 3526 Scenic Hills Dr, Williamsburg, MI 49690

    $475,000 Under Contract

    • 3 Beds
    • 2.5 Baths
    • 3,046 Sq Ft
    • 3526 Scenic Hills Dr
    • Williamsburg, MI

    This well-maintained home offers an opportunity to live in the desirable Scenic Hills Estates neighborhood at an approachable price point. Adjacent to the TART and VASA trail systems, minutes from the Grand Traverse Resort and Mt. Holiday, this location provides easy access to year-round outdoor recreation. Enjoy seasonal views of East Bay and a beautifully landscaped, irrigated yard. A classic

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 4955 Truax Lake Rd, Williamsburg, MI 49690

    $679,000

    • 4 Beds
    • 3.5 Baths
    • 3,575 Sq Ft
    • 4955 Truax Lake Rd
    • Williamsburg, MI

    Nestled in a tranquil, treehouse-like setting on 1.6 acres, this 4-bedroom, 3.5-bath home in Truax Lake captures the essence of Up North living. This neighborhood enjoys a private access point to the Pere Marquette State Forest, with thousands of miles of scenic trails for hiking, biking, and year-round recreation. Step inside to vaulted ceilings and an open concept living space anchored by a

    Lydia Wiley @properties Christie's Int'l

    Section Image
  • 204 Boardman Ave Unit 2, Traverse City, MI 49684

    $992,500 Sold Aug 08, 2025

    • 2 Beds
    • 2.5 Baths
    • 1,649 Sq Ft
    • 204 Boardman Ave
    • Unit 2
    • Traverse City, MI

    204 Boardman offers a truly walkable lifestyle in the heart of downtown Traverse City, just steps from restaurants, shopping, trails, and beaches. Professionally renovated in 2024, this 2 bed + den, 2.5 bath brownstone features beautiful views of Grand Traverse Bay from both the living room and the primary suite. The main level is anchored by a gorgeous kitchen with honed quartzite countertops, a

    Lydia Wiley @properties Christie's Int'l

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933663

Northern Great Lakes REALTORS® MLS