111 E State # PH B Traverse City, MI $ 2,950,000
111 E State # PH B
$ 2,950,000
New Construction
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111 E State # PH B

Traverse City, MI, 49684
$ 2,950,000
Bedrooms4 Baths3.0 Sq 2,436

Monthly Estimate*

$ 18,164

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Single Family Home for sale in Traverse City, MI

for $2,950,000 with 4 bedrooms and 3 full baths. This 2,436 square foot home was built in 2025.

Unparalleled downtown Traverse City living, designed and built by Freshwater Development for an elevated Northern Michigan lifestyle. Delivered furnished and move-in ready, Penthouse B at 111 State Street is a 4 bed + office, full-floor residence with a private elevator that opens directly into the home and continues to a private rooftop terrace with expansive water and city views. White-oak flooring, natural marble, 10-foot ceilings, and oversized casement windows frame views of Rotary Square Park and fill the home with natural light from multiple exposures. The kitchen features Taj Mahal marble countertops and backsplash, full-height custom cabinetry, detailed millwork, integrated Miele appliances, and generous dining space ideal for entertaining. Advanced soundproofing, double-pane windows, and a whole-home air purification system ensure serene interior quiet, exceptional air quality, and energy efficiency. The climate-controlled private garage includes oversized doors, EV charging, and the option to add a lift for two cars. The private rooftop terrace expands the living experience outdoors, complete with a custom pergola and the option to integrate an outdoor kitchen, sauna, and cold plunge. Located two blocks from Clinch Marina and the beach, steps from restaurants, shopping, and trailheads, this home combines urban convenience with waterfront proximity and access to nature. Built with meticulous attention to detail and supported by Freshwater Development’s signature white-glove service long after closing, this residence delivers an unmatched level of quality and design in Northern Michigan.

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Single Family Active

Price

$ 2,950,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Year Built

2025

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1939577

Features
Interior
Interior Amenities Bookcases Entrance Foyer Walk-In Closet(s) Solid Surface Counters Kitchen Island Formal Dining Room Great Room Den/Study Exercise Room Beamed Ceilings Drywall Cable TV High Speed Internet WiFi
Flooring Tile Wood
Fireplace Features None
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Low Emissivity Windows
Fireplace Y/N N
Above Grade Finished Area 2436
Half Baths 0
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Entry Level 2
Living Room Level Main
Main Level Bedrooms 4
Main Level Bathrooms 3
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
Primary Bathroom Features Private
Kitchen Area 220
Kitchen Length 20
Kitchen Width 11
Primary on Main 120
Second Bedroom Length 12
Second Bedroom Width 10
Bedroom 3 Area 120
Bedroom 3 Length 12
Bedroom 3 Width 10
Bedroom 4 Area 120
Bedroom 4 Length 12
Bedroom 4 Width 10
Dining Room Area 18 180
Dining Room Width 10
Living Room Area 396
Living Room Length 18
Living Room Width 22
Primary Bedroom Area 160
Primary Bedroom Length 16
Primary Bedroom Width 10
Dining Room Level Main
Bedroom 4 Level Main
Bedroom 3 Level Main
Second Bedroom Level Main
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General
Sewer Public Sewer
Heating ENERGY STAR Qualified Equipment Forced Air Heat Pump
Cooling ENERGY STAR Qualified Equipment Central Air Zoned
Possession Close Of Escrow Within 30 Days Close Plus 30 Days
Roof Wood Membrane
Appliances Refrigerator Oven/Range Disposal Dishwasher Microwave Washer Dryer Freezer Exhaust Fan Electric Water Heater
HOA Fee 8400
Garage Spaces 1
Association Fee Includes Trash Snow Removal Maintenance Grounds Maintenance Structure Liability Insurance Fire Insurance
Patio/Porch Features Deck
Security Features Security System Smoke Detector(s)
Construction Materials Brick Frame Steel Siding Wood Siding
Pets Allowed true
Year Built 2025
View Bay View Bay
Stories Count 1
Township Traverse City
Levels One
Unit Number PH B
Property Subtype Single Family Residence
Community Features Pets Allowed
Accessibility Main Floor Access Accessible Entrance Accessible Elevator Installed
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction Y
Property Type Residential
Attached Garage Y
Energy Efficient Thermostat Appliances
Subdivision Name Penthouses at 111 State
Garage Y/N Y
Other Structures None
Full Baths 3
Status Active
Directions State and Union.
City Traverse City
Entry Location Elevator No Steps Second Floor Level
High School District Traverse City Area Public Schools
Zoning Description Residential
Lot Size Units Acres
Carport Y/N N
Home Warranty Y/N N
Property Condition New Construction
Lease Renewal Y/N N
Lease Considered Y/N N
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Unit 2 111 State Condominium according to the Master Deed recorded at Document No. 2025C-00024 Grand Traverse County Records and designated as Grand Traverse County Condominium Subdivision Plan No. 5
Freehold IDX
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Exterior
Exterior Amenities Sidewalk Rain Gutters
Parking Features Heated Asphalt Alley Access Attached Garage Door Opener Paved Heated Garage
Lot Features Level Landscaped
Water Source Public
Foundation Details Block
Number of Buildings 1
Spa N
Road Surface Type Asphalt
Waterfront Y/N N
Other Equipment Electric Air Filter Air Purifier
Horse Y/N N
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* Excluded Features
List By
@Properties Christie's Int'l

Broker

(312) 882-4074

Phone

Affordability Calculator

$18,164
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Monthly Principal & Interest
$18,164
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$2,950,000 Listed Price

Map


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111 E State # PH B, Traverse City, MI, 49684 is a Single Family Home for sale at $2,950,000 with 2,436 sqft. 111 E State # PH B has 4 bedrooms, 3.0 baths, and was built in 2025. The property's zip code is 49684 which is in Traverse City, MI