NEW CONSTRUCTION
$189K PRICE INCREASE
330 (Unit 501) E State St Unit 501 Traverse City, MI 49684
Downtown Traverse City NeighborhoodEstimated payment $11,152/month
Total Views
182,618
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.
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
Map
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Home Values in the Area
Average Home Value in this Area
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
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.
Ken's Other Listings
-
$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
-
$4,100,000 New Construction
- 4 Beds
- 4 Baths
- 2,895 Sq Ft
- 330 (Unit 503) E State St
- Unit 503
- Traverse City, MI
-
$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
-
$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
-
$1,339,000 New Construction
- 2 Beds
- 3 Baths
- 1,441 Sq Ft
- 330 (Unit 402) E State St
- Unit 402
- Traverse City, MI
-
$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
-
$1,399,000 New Construction
- 2 Beds
- 3 Baths
- 1,441 Sq Ft
- 330 (Unit 406) E State St
- Unit 406
- Traverse City, MI
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1932237
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.
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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