$2,950,000
NEW CONSTRUCTION

Estimated payment $19,122/month

Total Views 217,175
4 Beds
3 Baths
2,436 Sq Ft
$1,211 Price per Sq Ft

Highlights

  • Hot Property
  • Heated Driveway
  • Bay View
  • Central High School Rated A-
  • New Construction
  • 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 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 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 License #6501434066 Listed on: 10/14/2025

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

  • 2,436 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Beamed Ceilings
  • Low Emissivity Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Home Gym
  • Bay Views
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 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

  • 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
  • Electric Vehicle Charging Station

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
  • 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, Exhaust Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Solid Surface Counters, Island Kitchen, Formal Dining Room, Great Room, Den/Study, Exercise Room, Beamed Ceilings, Drywall
  • Bedrooms: 4
  • 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
  • Range: R 11W
  • Total Finished Sf Apx: 2436

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: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 700

Association/Amenities

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

Green Features

  • Energy Efficient: Energy Star Appliances, 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

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $2,950,000 -- $1,211 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

About the Listing Agent

Lydia Wiley

@properties Christie's Int'l

(231) 202-3819

Section Image

Lydia's Other Listings

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

    $3,050,000 New Construction

    • 4 Beds
    • 3 Baths
    • 2,432 Sq Ft
    • 111 E State St
    • Unit PH A
    • 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 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

    Lydia Wiley @properties Christie's Int'l

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

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    • 3 Beds
    • 3.5 Baths
    • 1,941 Sq Ft
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    • Traverse City, MI

    Only one unit remaining at 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

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  • 4955 Truax Lake Rd, Williamsburg, MI 49690

    $650,000

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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

    Lydia Wiley @properties Christie's Int'l

  • 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

  • 401 Washington St, Traverse City, MI 49686

    $1,435,000 Sold May 21, 2025

    • 6 Beds
    • 4 Baths
    • 3,454 Sq Ft
    • 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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    • 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

  • 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: 1939577

Northern Great Lakes REALTORS® MLS