$425,000
SOLD APR 3, 2025

1995 U S 31 Unit 1 Traverse City, MI 49686

1 Bed
1 Bath
775 Sq Ft
1986 Built

Recently Sold

$548 Per Sq Ft

9% Below List Price

60 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 300 Feet of Waterfront
  • Lake Privileges
  • Central High School Rated A-
  • Bay View
  • Main Floor Primary Bedroom

About This Home

As of April 2025

Don’t miss this ground-floor 1-bedroom, 1-bath condo on East Bay with a proven track record as a short-term rental. Sleeping up to 5, this turnkey property is fully renovated, stylishly furnished, and ready to generate income from day one. Guests love the direct walk-out access to the beach, resort-style amenities like a pool and hot tub, and its unbeatable location in Traverse City. Whether you're looking for a lucrative investment or your own getaway, this condo delivers!

Last Agent to Sell the Property

Jules Yates

REMAX Bayshore - Union St TC License #6502357921

REMAX Bayshore - Union St TC

Last Buyer's Agent

Dandan Zhu

Five Star Real Estate - Front St TC License #6501458888

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 300 Feet of Waterfront
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 775 Sq Ft Home
  • Bay Window
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Assigned Parking

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Waterfront Park
  • Lake Privileges
  • Balcony

Location

  • Mineral Rights
  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, sewer, snow removal, trash removal, water
  • The Beach Condo Community

Amenities

  • Common Area

Recreation

  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Estimated Year Built: 1986
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 8
  • Univs Design Barrier Free: Main Floor Access
  • Year Updated: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Oven/Range, Microwave, Washer, Dryer
  • Interior Amenities: Bay Window(s)
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 14x10, On Level: Main Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox14, On Level: Main Floor, Flooring: LVP
  • Kitchen: Dimensions: 13x9, On Level: Main Floor, Flooring: LVP
  • Living Room: Dimensions: 22xcombo, On Level: Main Floor, Flooring: LVP
  • Estimated Above Ground Finished Sq Ft: 775
  • Price Per Sq Ft: 548.39
  • Range: R 10W
  • Total Finished Sf Apx: 775

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Balcony
  • Exterior Finish: Vinyl
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: All Sports, Water View
  • Waterfront Frontage: 300

Garage/Parking

  • Driveway: Blacktop
  • Primary Garage: Assigned Parking Space, Paved Driveway

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor, Flooring: LVP
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 600

Association/Amenities

  • Development Amenities: Pool, Lake Privileges, Water Front Park, Common Area
  • Development Name: The Beach Condo

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Assessment: Yes
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Mineral Rights: To Pass With Title
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

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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 Change Sq Ft Price
04/03/2025 04/03/25 Sold $425,000 -9.2% $548 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $468,000 -- $604 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1929916

Northern Great Lakes REALTORS® MLS

Michigan Grand Traverse County Traverse City 49686

1995 U S 31 Unit 1, Traverse City, MI

Homes for Sale in Traverse City, MI

This home is located at 1995 U S 31 Unit 1, Traverse City, MI 49686 and is currently priced at $425,000, approximately $548 per square foot. This property was built in 1986. 1995 U S 31 Unit 1 is a home located in Grand Traverse County with nearby schools including Eastern Elementary School, East Middle School, and Central High School.

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.