$3,050,000
NEW CONSTRUCTION

Estimated payment $19,589/month

Total Views 104,504
4 Beds
3 Baths
2,432 Sq Ft
$1,254 Price per Sq Ft

Highlights

  • New Construction
  • Bay View
  • Wood Flooring
  • Central Grade School Rated A-
  • Deck
  • 2-minute walk to Lay Park

About This Home

Unparalleled downtown Traverse City living, designed and built by Freshwater Development for an elevated Northern Michigan lifestyle. Delivered furnished and move-in ready, Penthouse A at 111 State Street is a 4 bed + office, full-floor residence with a private elevator that opens directly into the home and continues to a private rooftop terrace with expansive water and city views. White-oak flooring, natural marble, 10-foot ceilings, and oversized casement windows frame views of Rotary Square Park and fill the home with natural light from multiple exposures. The kitchen features Taj Mahal marble countertops and backsplash, full-height custom cabinetry, detailed millwork, integrated Miele appliances, and generous dining space ideal for entertaining. Advanced soundproofing, double-pane windows, and a whole-home air purification system ensure serene interior quiet, exceptional air quality, and energy efficiency. The climate-controlled private garage includes oversized doors, EV charging, and the option to add a lift for two cars. The private rooftop terrace expands the living experience outdoors, complete with a custom pergola and the option to integrate an outdoor kitchen, sauna, and cold plunge. Located two blocks from Clinch Marina and the beach, steps from restaurants, shopping, and trailheads, this home combines urban convenience with waterfront proximity and access to nature. Built with meticulous attention to detail and supported by Freshwater Development’s signature white-glove service long after closing, this residence delivers an unmatched level of quality and design in Northern Michigan.

Listing Agent

Lydia Wiley

@properties Christie's Int'l Listed on: 10/15/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Landscaped
  • Level Lot

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Alley Access
  • Garage Door Opener
  • Open Parking

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Fire Rated Drywall
  • Wood Roof
  • Membrane Roofing
  • Wood Siding
  • Steel Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Low Emissivity Windows
  • Mud Room
  • Great Room
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Electric Air Filter
  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR Qualified Equipment for Heating
  • Deck

Community Details

  • Association fees include trash, snow removal, ground maintenance, maintenance structure, liability insurance, fire insurance
  • Penthouses At 111 State Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Community Features: Pets Allowed
  • Horses: No
  • Lot Features: Level, Landscaped
  • Road Surface Type: Asphalt
  • Has Spa?: No
  • View: Bay View, Bay
  • Has View?: Yes
  • Security Features: Security System, Smoke Detector(s)
  • Association Fees: 8400
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T43262401
  • Subdivision Name: Penthouses at 111 State
  • Above Grade Finished Sq Ft: 2432
  • Accessibility Features: Main Floor Access, Accessible Entrance, Accessible Elevator Installed
  • Has Cooling?: Yes
  • Entry Level: 1
  • Has Fireplace?: No
  • Unit Levels: One
  • Living Area: 2432
  • Is New Construction?: Yes
  • Efficiency: Thermostat, Energy Star Rating, Appliances, Windows
  • Property Attached Yn: Yes
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Entrance Foyer, Walk-In Closet(s), Solid Surface Counters, Kitchen Island, Mud Room, Formal Dining Room, Great Room, Den/Study, Beamed Ceilings, Drywall, Cable TV, High Speed Internet, WiFi
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Cooktop, Exhaust Fan, Electric Water Heater
  • Other Equipment: Electric Air Filter, Air Purifier
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Elevator,No Steps,Third Floor Lvl or Higher
  • Fireplace Features: None
  • Flooring: Tile, Wood
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Stories: 1
  • Window Features: Low Emissivity Windows

Exterior Features

  • Exterior Features: Sidewalk, Rain Gutters
  • Roof: Wood, Membrane
  • Has Private Pool?: No
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Brick, Frame, Steel Siding, Wood Siding
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Property Condition: New Construction

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garaged Spaces: 1
  • Has Attached Garage?: Yes
  • Has Open Parking?: Yes
  • Parking Features: Heated, Asphalt, Alley Access, Attached, Garage Door Opener, Paved, Heated Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: ENERGY STAR Qualified Equipment, Central Air, Zoned
  • Heating: ENERGY STAR Qualified Equipment, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire Insurance
  • Pets Allowed: true

Schools

  • Junior High Dist: Traverse City Area Public Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Zoning Description: Residential

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $3,050,000 -- $1,254 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

About the Listing Agent

Lydia Wiley

@properties Christie's Int'l

(231) 535-9627

Section Image

Lydia's Other Listings

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

    $2,950,000 New Construction

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

    Unparalleled downtown Traverse City living, designed and built by Freshwater Development for an elevated Northern Michigan lifestyle. Delivered furnished and move-in ready, Penthouse B at 111 State Street is a 4 bed + office, full-floor residence with a private elevator that opens directly into the home and continues to a private rooftop terrace with expansive water and city views. White-oak

    Lydia Wiley @properties Christie's Int'l

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

    $2,950,000 New Construction

    • 2 Beds
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    Only one residence remains at The Brownstones at 100 Park, downtown Traverse City’s first and only residential waterfront development offering private boat slips. This landmark project by Freshwater Development features three custom brownstone homes with panoramic water views, direct Boardman River frontage, and effortless boating access to West Grand Traverse Bay. The final available residence

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  • 4955 Truax Lake Rd, Williamsburg, MI 49690

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    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

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

    $3,246,665 Sold Aug 29, 2025

    • 4 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

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

    $992,500 Sold Aug 08, 2025

    • 2 Beds
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    • 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

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  • 401 Washington St, Traverse City, MI 49686

    $1,435,000 Sold May 21, 2025

    • 6 Beds
    • 4 Baths
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    • 401 Washington St
    • Traverse City, MI

    Well-maintained Victorian home on a prime corner downtown Traverse City. There is currently an attached apartment with separate entrance and an additional ADU above the garage. At the time of sale, the home was undergoing an exterior painting project.

    Lydia Wiley @properties Christie's Int'l

  • 1700 Indian Woods Dr, Traverse City, MI 49686

    $305,000 Sold May 16, 2025

    • 3 Beds
    • 1 Bath
    • 1,140 Sq Ft
    • 1700 Indian Woods Dr
    • Traverse City, MI

    Welcome to 1700 Indian Woods Drive, a cute mid-century ranch on a quiet corner lot in one of Traverse City’s most loved neighborhoods. Located within the coveted Eastern Elementary and Central High School district, this 3 bed, 1 bath home is just steps from East Bay Beach and the new Indian Woods playground. This location is very pedestrian-friendly, with Eastern Elementary, Central High School,

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  • 1721 Timberlane Dr, Traverse City, MI 49686

    $750,000 Sold Sep 30, 2025

    • 5 Beds
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    • 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

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  • 1109 Hemingway Ln, Traverse City, MI 49686

    $357,000 Sold Oct 08, 2025

    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 1109 Hemingway Ln
    • Traverse City, MI

    Welcome to 1109 Hemingway, an updated 2 bed/2 bath home with a private, fenced-in yard in the desirable Garfield Condominiums. Ideally located just minutes from downtown Traverse City and Cherry Capital Airport, this community provides a truly low-maintenance lifestyle with the association managing exterior landscaping, gardening, and snow removal. In addition, residents enjoy access to the

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1939624

Northern Great Lakes REALTORS® MLS