111 E State # PH A
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 Developmentââ¬â¢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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FeaturesInteriorInterior Amenities Security System Walk-In Closet
Dining Room Level Main
Basement Block
Bedroom 3 Level Main
Bedroom 1 Level Main
Bedroom 2 Level Main
Beds 4
Fireplace? No
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GeneralHeating Forced Air Heat Pump(s) Air Cleaner
Kitchen Level Main
Cooling Central A/C Exhaust Fan Heat Pump(s)
Possession At Close
Garage Attached Garage Gar Door Opener Heated Garage
Water Public Water
Appliances Dishwasher Disposal Dryer Freezer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 2025
Parking Garage
Subdivision Penthouses at 111 State MI
Water Heater Electric
Style Ranch
County Grand Traverse
Class RESIDENTIAL
Type Condominium
Ownership Private
Municipality Traverse City
Section 3
New Construction Y/N Yes
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
Green Features Appliances HVAC Thermostat Windows
HOA Fee Includes Maintenance Grounds Snow Removal Trash Removal Maintenance Structure
Structure Style 1 Story
Area Traverse City (28021)
Primary City Traverse City
Directions State and Union.
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional
Legal Description Unit 3 111 State Condominium according to the Master Deed recorded at Document No. 2025C-00024 Grand Traverse County Records
DOM 56
Postal Code 49684
Price Per Sq Ft Total AG 1254.11
Public Remarks Unparalleled downtown Traverse City living designed and built by Freshwater Development for an elevated Northern Michigan lifestyle. Delivered furnished and move-in ready
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ExteriorExterior Brick Wood
Exterior Amenities Deck Sidewalks
Waterfront Y/N No
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* Excluded FeaturesList By@Properties Christie's Int'lBroker
lydiawiley@atpropertiesremi.comEmail
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 $647,253
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.
3769590 Elementary School
3769595 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2025 | $3,050,000 | | Listed Price |