$2,950,000
NEW CONSTRUCTION

Estimated payment $19,291/month

Total Views 185,423
5 Beds
3 Baths
2,436 Sq Ft
$1,211 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 state-of-the-art 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 built 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

  • 2,436 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

  • 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

  • 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
  • Percent Of Remodel: 100
  • Estimated Year Built: 2025
  • Construction: Brick, Frame, Steel, New Construction
  • Section Number: 3
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry, Elevator
  • Year Updated: 2025
  • Year Renovated: 2025
  • 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: 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: 2436
  • Price Per Sq Ft: 1211
  • 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

Schools

  • School District: Traverse City Area Public Schools

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

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Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 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) 447-1846

Section Image

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    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

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

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

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  • 1721 Timberlane Dr, Traverse City, MI 49686

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  • 1109 Hemingway Ln, Traverse City, MI 49686

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    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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  • 4955 Truax Lake Rd, Williamsburg, MI 49690

    $679,000

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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

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

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    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

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    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.

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933664

Northern Great Lakes REALTORS® MLS