$3,250,000
NEW CONSTRUCTION

Estimated payment $22,055/month

Total Views 200
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 Smith

@properties Christie's Int'l License #6501434066

@properties Christie's Int'l

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
  • ENERGY STAR Qualified Appliances
  • 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: Membrane, Wood
  • 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

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Home Values in the Area

Source: Public Records

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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

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