$1,689,000
NEW CONSTRUCTION $189K PRICE INCREASE

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

Downtown Traverse City Neighborhood
Total Views 210,119
3 Beds
2.5 Baths
2,388 Sq Ft
$707 Price per Sq Ft

Highlights

  • Solid Surface Countertops
  • Balcony
  • 40 Car Attached Garage
  • Central Grade School Rated A-
  • Fireplace
  • 4-minute walk to American Legion Park

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 Fall 2027. 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 Listed on: 04/09/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 40 Car Attached Garage
  • Heated Garage
  • Alley Access
  • Garage Door Opener

Home Design

  • Home to be built
  • Steel Siding

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Home Security System
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Zoning described as Residential,Commercial,Building-Use Restrictions

Community Details

  • Peninsula Place Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2026

Lot Details

0 Sq Ft Lot

HOA Fees

$500 per month

Parking

40

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Community Features: None
  • Horses: No
  • Lot Features: Other
  • Road Frontage Type: Other
  • Road Surface Type: Asphalt
  • Has Spa?: No
  • Has View?: No
  • Security Features: Security System
  • Association Fees: 6000
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T43262401
  • Subdivision Name: Peninsula Place
  • Above Grade Finished Sq Ft: 2388
  • Accessibility Features: None
  • Architectural Style: Other
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Unit Levels: 2+ Story
  • Living Area: 2388
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Year Built: 2026
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Entrance Foyer, Walk-In Closet(s), Solid Surface Counters, Cable TV
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Stairway (Indoor),Elevator,Third Floor Lvl or Higher
  • Fireplace Features: Other
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Sidewalk
  • Roof: Other
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Steel Siding, Other
  • Foundation Details: Other
  • Other Structures: None
  • Property Condition: To Be Built

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garaged Spaces: 40
  • Has Attached Garage?: Yes
  • Has Open Parking?: No
  • Parking Features: Attached, Drive Under/Built-In, Garage Door Opener, Alley Access, Other, Heated Garage, Concrete Floors

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air, Multi Units
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Pets Allowed: false

Schools

  • Junior High Dist: Traverse City Area Public Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Zoning Description: Residential,Commercial,Building-Use Restrictions

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
05/19/2025 05/19/25 Price Changed $1,689,000 +12.6% $707 / Sq Ft
04/09/2025 04/09/25 For Sale $1,500,000 -- $628 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

About the Listing Agent

Ken Kleinrichert
Ken Kleinrichert

@properties Christie's Int'l

(231) 303-9632

Section Image

I have been a real estate agent for over twenty years in Traverse City, MI. I specialize in residential, waterfront and commercial sales. I grew up watching the sunrises from Old Mission Peninsula and I have lived on both East and West sides of Traverse City. I am passionate about my career and I am passionate about the Grand Traverse area.

View Ken's Profile

Ken's Other Listings

  • (Unit 202) 330 E State St Unit 202, Traverse City, MI 49684

    $452,464 Pending

    • 1 Bed
    • 1.5 Baths
    • 1,217 Sq Ft
    • (Unit 202) 330 E State St
    • Unit 202
    • Traverse City, MI

    PENINSULA PLACE - a five story, 42 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • 330 (Unit 401) E State St Unit 401, Traverse City, MI 49684

    $1,339,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,388 Sq Ft
    • 330 (Unit 401) E State St
    • Unit 401
    • Traverse City, MI

    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. 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

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • (Unit 309) 330 E State St Unit 309, Traverse City, MI 49684

    $575,000 Pending

    • 2 Beds
    • 2.5 Baths
    • 1,350 Sq Ft
    • (Unit 309) 330 E State St
    • Unit 309
    • Traverse City, MI

    PENINSULA PLACE - a five story, 42 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • 330 (Unit 503) E State St Unit 503, Traverse City, MI 49684

    $4,100,000 New Construction

    • 4 Beds
    • 4 Baths
    • 2,895 Sq Ft
    • 330 (Unit 503) E State St
    • Unit 503
    • Traverse City, MI

    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.

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • 330 (Unit 407) E State St Unit 407, Traverse City, MI 49684

    $1,240,000 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,350 Sq Ft
    • 330 (Unit 407) E State St
    • Unit 407
    • Traverse City, MI

    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. 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

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • 330 (Unit 404) E State St Unit 404, Traverse City, MI 49684

    $1,500,000 New Construction

    • 2 Beds
    • 2.5 Baths
    • 1,545 Sq Ft
    • 330 (Unit 404) E State St
    • Unit 404
    • Traverse City, MI

    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. 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

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • 330 (Unit 402) E State St Unit 402, Traverse City, MI 49684

    $1,339,000 New Construction

    • 2 Beds
    • 3 Baths
    • 1,441 Sq Ft
    • 330 (Unit 402) E State St
    • Unit 402
    • Traverse City, MI

    PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • 330 (Unit 405) E State St Unit 405, Traverse City, MI 49684

    $1,999,000 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,302 Sq Ft
    • 330 (Unit 405) E State St
    • Unit 405
    • Traverse City, MI

    PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and

    Ken Kleinrichert @properties Christie's Int'l

    Section Image
  • 330 (Unit 406) E State St Unit 406, Traverse City, MI 49684

    $1,399,000 New Construction

    • 2 Beds
    • 3 Baths
    • 1,441 Sq Ft
    • 330 (Unit 406) E State St
    • Unit 406
    • Traverse City, MI

    PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and

    Ken Kleinrichert @properties Christie's Int'l

    Section Image

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

For Sale

Detached

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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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Ken Kleinrichert
Ken Kleinrichert
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@properties Christie's Int'l
(231) 303-9632
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