$3,595,000
NEW CONSTRUCTION

Estimated payment $21,184/month

4 Beds
3.5 Baths
2,330 Sq Ft
$1,543 Price per Sq Ft

Highlights

  • Bay View
  • Community Pool
  • Elevator
  • Wolf Appliances
  • Exercise Course
  • Fireplace

About This Home

Welcome to The Ottaway, a name that will define luxury downtown Traverse City living for years to come. Inspired by Chicago’s Gold Coast and New York’s Upper East Side, the internationally acclaimed architect AMDG captured a classic and timeless design rooted in Traverse City history and tradition. The Residences at The Ottaway, by J. Peterson Homes, offer 4 luxury condominium homes featuring unmatched location, views and amenity, including Traverse City’s first rooftop pool. Situated on quiet E Front Street away from the busy US 31 corridor. The Ottaway offers protected Ottaway River and West Bay views from every floor as well as a new riverfront green space directly across Front Street. The rooftop features sweeping bay views to be enjoyed from the dining area, game area, firepit seating, and the rooftop pool and spa. Interior spaces include an elevator opening directly into a private foyer with access to a gourmet kitchen, a spacious living and dining room. Sliding doors open to a large covered porch. The adjacent primary suite provides bay views from a Juliette balcony, a large walk in closet and a luxurious bathroom. Three bedrooms, two full baths, a 1/2 bath and a laundry complete the space. Interior amenities include crown moulding throughout, Wolf and Sub Zero appliances, Kohler fixtures, hardwood floors, custom millwork, quartz countertops, and all the quality you have come to expect from J. Peterson Homes. Each residence at The Ottaway enjoys 2 deeded, heated garage spaces attached to the building as part of the purchase price. Additional building amenities include a gym and private storage space in the basement. E Front Street is home to a burgeoning culinary scene, set just a block from Cook's House, Little Fleet and Umbro. It is also a short walk to Traverse City’s most beautiful neighborhoods, beaches, and everything else downtown has to offer. Contact Joel for plans and information on this unique opportunity or visit www.theottaway.com.

Listing Agent

Joel Peterson

J. Peterson Realty LLC License #6502358495 Listed on: 11/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,184

Year Built

  • 2026

Lot Details

  • The community has rules related to zoning restrictions

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home to be built
  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing

Interior Spaces

  • 2,330 Sq Ft Home
  • Crown Molding
  • Fireplace
  • Bay Views
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wolf Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, sewer, trash removal, snow removal, exterior maintenance, liability insurance
  • The Residences At The Ottaway Community

Amenities

  • Elevator

Recreation

  • Exercise Course
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,184

Year Built

2026

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Estimated Year Built: 2026
  • Construction: To Be Built
  • Qtr Section: NE
  • Univs Design Barrier Free: Elevator
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2026

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 1x1
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 1x1
  • Living Room: Dimensions: 1x1
  • Range: R 12W
  • Total Finished Sf Apx: 2330

Exterior Features

  • Exterior Features: Bay View
  • Exterior Finish: Brick
  • Foundation: Poured Concrete
  • Road: Blacktop
  • Roof: Membrane
  • Water Features: Water View

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Water, Sewer, Trash Removal, Snow Removal, Exterior Maintenance, Liability Insurance
  • 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 Amenities: Exercise Facility, Pool
  • Development Name: The Residences at The Ottaway

Lot Info

  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Multi-Family, Commercial

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,184 $483,100 $0 $0
2024 $17,763 $439,100 $0 $0
2023 $16,673 $310,300 $0 $0
2022 $17,164 $332,100 $0 $0
2021 $16,759 $310,300 $0 $0
2020 $16,577 $305,200 $0 $0
2019 $16,439 $285,200 $0 $0
2018 $15,904 $277,200 $0 $0
2017 -- $253,600 $0 $0
2016 -- $196,700 $0 $0
2014 -- $193,500 $0 $0
2012 -- $203,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 For Sale $3,595,000 -- $1,543 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 --
Grant Deed $575,000 --
Deed $550,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1940784

Northern Great Lakes REALTORS® MLS

APN: 51-798-006-00