NEW CONSTRUCTION
$400K PRICE INCREASE
330 (Unit 503) E State St Unit 503 Traverse City, MI 49684
Downtown Traverse City NeighborhoodEstimated payment $27,344/month
Total Views
6,202
4
Beds
4
Baths
2,895
Sq Ft
$1,416
Price per Sq Ft
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
@properties Christie's Int'l License #6506042006 Listed on: 04/09/2025
Map
Home Details
Home Type
Single Family
Year Built
2026
Lot Details
0
HOA Fees
$600 per month
Listing Details
- Class: Single Family
- Type: Residential
- Style: 2+ Story
- Estimated Year Built: 2026
- Construction: Brick, To Be Built
- 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: 4
- Bedroom 1: Dimensions: 14x14, On Level: Main Floor
- Bedroom 2: Dimensions: 12x11.6
- Total Bathrooms: 4
- Primary Bathroom: Private
- Number of Main Level Bathrooms: 4
- Full Bathrooms: 4
- Main Floor Primary: Yes
- Kitchen: Dimensions: 9x13, On Level: Main Floor
- Living Room: Dimensions: 17x16, On Level: Main Floor
- Other Room: Dimensions: 9.6x9
- Estimated Above Ground Finished Sq Ft: 2895
- Price Per Sq Ft: 1416.23
- Range: R 11W
- Total Finished Sf Apx: 2895
Exterior Features
- Exterior Features: Balcony, Sidewalk
- Road: Blacktop
- Water Features: Water View
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: Stairway (Indoor), Elevator
- Condo Unit Level: Third Floor Lvl or Higher
- Association Fees: Monthly
- Monthly Assn Dues: 600
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Price Changed | $4,100,000 | +10.8% | $1,416 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $3,700,000 | -- | $1,278 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Similar Homes in Traverse City, MI
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1932239
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 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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