$1,500,000
NEW CONSTRUCTION

330 (Unit 501) E State St Unit 501 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated payment $10,316/month

Total Views 870
3 Beds
2.5 Baths
2,388 Sq Ft
$628 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • Balcony
  • Central High School Rated A-
  • Elevator
  • 42 Car Attached Garage

About This Home

Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.

Listing Agent

Ken Kleinrichert

@properties Christie's Int'l License #6506042006

@properties Christie's Int'l

Home Details

Home Type

  • Single Family

Year Built

  • 2026

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Home to be built
  • Steel Siding

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 42 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Drive Under Main Level

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Cable TV Available

Additional Features

  • Balcony
  • The community has rules related to zoning restrictions

Community Details

Overview

  • Peninsula Place Community

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

2026

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 2026
  • Construction: To Be Built, Steel
  • Section Number: 3
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2026

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Security System
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Solid Surface Counters
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14x14'6, On Level: Main Floor
  • Bedroom 2: Dimensions: 15x12
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 14x13, On Level: Main Floor
  • Living Room: Dimensions: 17x22, On Level: Main Floor
  • Other Room: Dimensions: 11x9
  • Estimated Above Ground Finished Sq Ft: 2388
  • Price Per Sq Ft: 628.14
  • Range: R 11W
  • Total Finished Sf Apx: 2388

Exterior Features

  • Exterior Features: Balcony, Sidewalk
  • Road: Blacktop

Garage/Parking

  • Garage Capacity: 42
  • Primary Garage: Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Heated, Concrete Floors

Utilities

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

Condo/Co-op/Association

  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Indoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 500

Association/Amenities

  • Development Name: Peninsula Place

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Commercial, Building-Use Restrictions

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 Change Sq Ft Price
04/09/2025 04/09/25 For Sale $1,500,000 -- $628 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1932237

Northern Great Lakes REALTORS® MLS

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

330 (Unit 501) E State St Unit 501, Traverse City, MI

Homes for Sale in Traverse City, MI

This home is located at 330 (Unit 501) E State St Unit 501, Traverse City, MI 49684 and is currently priced at $1,500,000, approximately $628 per square foot. This property was built in 2026. 330 (Unit 501) E State St Unit 501 is a home located in Grand Traverse County with nearby schools including Central Grade School, East Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Ken Kleinrichert
Listing Agent
Ken Kleinrichert
Section Image
@properties Christie's Int'l
(231) 303-9632