111 E State
Traverse City, MI, 49684 $ 3,050,000
Bedrooms4 Baths3.0 Sq 2,432 Monthly Estimate*
$ 19,028
for $3,050,000 with 4 bedrooms and 3 full baths. This 2,432 square foot condo 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 A 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 Developmentâs signature white-glove service long after closing, this residence delivers an unmatched level of quality and design in Northern Michigan.
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FeaturesInteriorInterior Amenities Foyer Entrance Walk-In Closet(s) Solid Surface Counters Island Kitchen Mud Room Formal Dining Room Great Room Den/Study Beamed Ceilings Drywall
Basement Block
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GeneralRoof Wood Membrane
Zoning Residential
Sewer Municipal
Construction Brick Frame Steel New Construction
HOA Fee Includes Trash Removal Snow Removal Lawn Care Exterior Maintenance Liability Insurance Fire Insurance
School District Traverse City Area Public Schools
Energy Efficient Energy Star Rating Energy Star Appliances Energy Efficient Windows Low-e Windows
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ExteriorGarage Capacity 1
Water Features Bay View
Land Features Level
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* Excluded FeaturesList By@Properties Christie's Int'lBroker
Affordability Calculator
- Monthly Principal & Interest
- $19,028
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyCondo listings in Traverse City, MI
Average List Price $646,659
Percent of Sale Price 79%
About Traverse City, MI 15,817 Population
7% Since 2002
$ 49,237 Median Income
41.86 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2025 | $3,050,000 | | Listed Price |