$485,000
$50K PRICE DROP

Estimated payment $3,574/month

Total Views 30,187
2 Beds
2.5 Baths
1,142 Sq Ft
$425 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • Wood Flooring
  • Central High School Rated A-
  • Contemporary Architecture
  • 2-minute walk to F and M Park

About This Home

Overlooking a park in downtown Traverse City, this condo offers the rare combination of walkability, privacy, and comfort—just moments from the bay, beaches, and the city’s best dining and shopping. The interior features a bright, open main level designed for both relaxed living and easy hosting. The kitchen anchors the space, flowing naturally into the dining and living areas. Upstairs, two spacious bedrooms each offer their own ensuite bath, creating ideal separation for guests, roommates, or everyday living. A main-level half bath adds extra convenience. Enjoy a lifestyle that’s low-maintenance yet fully connected—morning coffee by the water, afternoon park strolls, and evenings downtown, all without getting in your car. Whether you’re planting roots, looking for a lock-and-leave second home, or adding to your portfolio, this condo delivers location, layout, and livability in one of Traverse City’s most desirable downtown settings.

Listing Agent

Shawn Schmidt Smith

Coldwell Banker Schmidt Traverse City Brokerage Phone: 231-499-1990 Listed on: 01/22/2026

Coldwell Banker Schmidt Traverse City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $223 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,142 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Bay Park I Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

HOA Fees

$223 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Community Features: Pets Allowed
  • Horses: No
  • Lot Features: Level, Other, Landscaped
  • Road Surface Type: Asphalt
  • Has Spa?: No
  • Has View?: No
  • Association Fees: 2680
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T157435
  • Subdivision Name: Bay Park I
  • Above Grade Finished Sq Ft: 1142
  • Accessibility Features: None
  • Architectural Style: Contemporary, Townhouse
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Unit Levels: Two
  • Living Area: 1142
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Walk-In Closet(s), Other, Kitchen Island, Ceiling Fan(s), Cable TV, High Speed Internet
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Stairway (Indoor),Other
  • Fireplace Features: None
  • Flooring: Other, Wood, Carpet
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Exterior Features: Sprinkler System, Sidewalk
  • Roof: Asphalt
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Frame, Cement Siding
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Has Open Parking?: No
  • Parking Features: Asphalt, None

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure
  • Pets Allowed: true

Schools

  • Junior High Dist: Traverse City Area Public Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Zoning Description: Residential

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $10,324 $224,600 $0 $0
2024 $9,538 $194,600 $0 $0
2023 $8,947 $167,000 $0 $0
2022 $9,233 $172,700 $0 $0
2021 $9,010 $167,000 $0 $0
2020 $8,912 $160,900 $0 $0
2019 $7,928 $154,100 $0 $0
2018 $7,249 $133,400 $0 $0
2017 -- $126,600 $0 $0
2016 -- $106,300 $0 $0
2014 -- $95,500 $0 $0
2012 -- $91,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 Price Changed $485,000 -3.0% $425 / Sq Ft
02/12/2026 02/12/26 Price Changed $499,900 -4.8% $438 / Sq Ft
02/09/2026 02/09/26 Price Changed $525,000 -1.9% $460 / Sq Ft
01/22/2026 01/22/26 For Sale $535,000 -- $468 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $300,000 --
Deed -- --
Deed $188,300 --
Source: Public Records

About the Listing Agent

Shawn Schmidt Smith

Coldwell Banker Schmidt Traverse City

(231) 465-3383

Section Image

So many decisions. Buying a northern Michigan property? Or looking to sell one? Choosing who to guide you through this process is a major decision. Shawn Schmidt Smith is an experienced agent who can help. Shawn is uniquely qualified to do it all. As a top producer for the last several years and a fourth generation Traverse City Realtor, it is hard to find someone who has been around real estate more. Shawn's family owns and operates Coldwell Banker Schmidt Family of Companies, the #1 brokerage

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    Downtown Traverse City living at its best! This 2-bed, 2-bath condo offers 1,272 sq ft of well-designed space just steps from everything you love about the city. Located right next to F&M Park and directly across from the Delamar Hotel, enjoy easy access to beaches, dining, shopping, and the TART Trail. The home features an open main living area, forced air heat with central A/C, and a

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  • 215 Midtown Dr, Traverse City, MI 49684

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  • 327 Fair St, Traverse City, MI 49686

    $389,000

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    Ready for a charming home perfectly located in central Traverse City, close to everything? Here it is! Local gem the Civic Center is next door — a rare and special backdrop that adds to the home’s appeal. With three bedrooms, two bathrooms, and a detached two-car garage accessed by the alley, the home balances character with everyday practicality. Large yards in both front of house and a private

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  • 12755 S Marina Village Dr, Traverse City, MI 49684

    $175,000

    • Land
    • 0 Sq Ft Lot
    • -- per Acre
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    • Traverse City, MI

    Discover the perfect spot to dock your boat with this 40’ slip (#120) at Harbor West Yacht Club. This premier slip provides direct access to West Grand Traverse Bay, with bay views, electric hookup, and municipal water and sewer available. Owners enjoy a private, well-maintained marina community with clubhouse and common area amenities, all just minutes from downtown Traverse City’s dining,

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  • 2737 Ruby St, Traverse City, MI 49684

    $595,000 New Construction

    • 4 Beds
    • 3.5 Baths
    • 1,672 Sq Ft
    • 2737 Ruby St
    • Traverse City, MI

    Welcome to thoughtful craftsmanship and modern comfort just minutes from all of Traverse City’s conveniences, tucked within the new Emerald Hills community. This brand-new home stands apart with quality finishes, locally sourced workmanship, as well as smart, efficient design at every turn. The bright, open main-level features a custom kitchen with quartz countertops, custom open shelving, a

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  • 1263 Terra Rd Unit 33, Traverse City, MI 49686

    $379,000

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    Tucked into the quiet Chestnut Hills community, this condo is the kind of place where life just feels easier. Mornings start with sunlight pouring through the open living space, coffee in hand, and the glow of the gas fireplace warming the room. With cathedral ceilings and an easy, open layout, everything flows naturally, whether you’re hosting family for the weekend or enjoying a slow, peaceful

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  • 10191 Peninsula Dr, Traverse City, MI 49686

    $2,645,000

    • 4 Beds
    • 3.5 Baths
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  • 8900 Manhattan N Unit A, Traverse City, MI 49685

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  • 0 Nelson Rd Unit 1937199, Traverse City, MI 49686

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    • Land
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    • $43,278 per Acre
    • 0 Nelson Rd
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    Exceptional Vineyard Property on Old Mission Peninsula. A rare opportunity to own a slice of wine country in one of the Midwest’s most celebrated wine regions, the Traverse Wine Coast. Nestled in the heart of rolling vineyards on the prestigious Old Mission Peninsula, this 11.53-acre property offers breathtaking views, open space, and 9 acres of thriving Pinot Noir vines. With prime location set

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1941826

Northern Great Lakes REALTORS® MLS

APN: 51-481-001-28

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