507 Fifth Street Traverse City, MI $ 1,200,000
507 Fifth Street
$ 1,200,000
Recently Listed
Open House 1/23 3pm - 5pm
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507 Fifth Street

Traverse City, MI, 49684
$ 1,200,000
Bedrooms4 Baths2.1 Sq 2,177

Monthly Estimate*

$ 7,389

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Single Family Home for sale in Traverse City, MI

for $1,200,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,177 square foot home was built in 1896 on a lot size of 0.19.

A rare offering in the Central Neighborhood, 507 Fifth Street combines period character with the confidence of a full, down-to-the-studs renovation completed in 2021. Set on a tree-lined block in one of Traverse City’s most walkable and architecturally rich areas, this 4-bedroom, 2.5-bath Modern Victorian delivers historic charm alongside modern amenities. Originally configured as a duplex, the home was thoughtfully restructured to restore true single-family flow, including a main-floor primary suite and a vaulted, open kitchen and living area filled with natural light and a gas fireplace. Original wide-plank pine floors were restored, historic millwork and hardware preserved, and high-end finishes selected throughout, including designer light fixtures, marble counter tops, Fisher & Paykel appliances, and custom built-ins. The exterior has also been fully reimagined with redesigned hardscape and landscaping, featuring a herringbone paver patio, cedar fencing, copper gutters, mature arborvitae plantings for privacy, and built-in gas lines supplying an outdoor fireplace and grill area. A recently replaced roof enhances both curb appeal and durability, offering added value for years to come. Significant investment has also been made in the home’s long-term health and reliability. Updates include modern mechanical systems such as a new furnace, A/C, whole-house water filtration with reverse osmosis, and a proactive maintenance approach with regularly cleaned HVAC vents and routine sewer lateral servicing. With flexible living areas, including a bonus playroom, and a location just blocks from downtown, West End Beach, local schools, parks, and the Boardman Lake Trail, 507 Fifth Street offers a rare opportunity to own a truly turn-key home in one of Traverse City’s most established neighborhoods.

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Open House

1/23/2026 3:00 PM - 5:00 PM
1/24/2026 11:00 AM - 1:00 PM
507 Fifth Street Traverse City, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,200,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 13,382

Style

Lot Size

0.19

Year Built

1896

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1941795

Features
Interior
Interior Amenities Cathedral Ceiling(s) Bookcases Pantry Granite Counters Kitchen Island Formal Dining Room Great Room Den/Study High Speed Internet WiFi
Basement Michigan Basement Crawl Space Unfinished
Flooring Wood
Fireplace Features Gas
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2177
Half Baths 1
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Living Room Level Main
Main Level Bedrooms 1
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
Primary Bathroom Features Private
Kitchen Length 13
Kitchen Width 12
Second Bedroom Length 13
Second Bedroom Width 12
Bedroom 3 Length 11
Bedroom 3 Width 11
Bedroom 4 Length 13
Bedroom 4 Width 10
Dining Room Area 17
Dining Room Width 13
Family Room Length 14
Living Room Length 15
Living Room Width 11
Primary Bedroom Length 16
Primary Bedroom Width 9
Family Room Width 12
Family Room Level Main
Dining Room Level Main
Bedroom 4 Level Upper
Bedroom 3 Level Upper
Second Bedroom Level Upper
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General
Sewer Public Sewer
Heating Forced Air Fireplace(s) Natural Gas
Cooling Central Air
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator Oven/Range Dishwasher Microwave Washer Dryer Freezer Exhaust Fan Gas Water Heater
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Patio Covered
Construction Materials Frame Wood Siding
Pets Allowed false
Year Built 1896
Stories Count 2
Township Traverse City
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name None
Garage Y/N Y
Other Structures None
Full Baths 1
Status New
Directions From Division turn right. Down on right side before Oak St
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 8276.4
Carport Y/N N
Tax Annual Amount 13382.85
Home Warranty Y/N N
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
Tax Assessed Value 359190
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOTS 18-19 BLOCK 10 HANNAH LAY & CO'S 6TH ADD
Freehold IDX
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Exterior
Parking Features Alley Access Detached
Lot Features Other Landscaped Metes and Bounds
Water Source Public
Lot Size Area 0.19
Number of Buildings 1
Spa N
Lot Dimensions 165x50
Lot Size Acres 0.19
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Remax Bayshore - Union St Tc

Broker

(231) 941-4500

Phone

Affordability Calculator

$8,504
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$1,115
Monthly Home Insurance
--
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
1/21/2026$1,200,000 Listed Price

Map


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507 Fifth Street, Traverse City, MI, 49684 is a Single Family Home for sale at $1,200,000 with 2,177 sqft and a lot size of 0.19. 507 Fifth Street has 4 bedrooms, 2.1 baths, and was built in 1896. The property's zip code is 49684 which is in Traverse City, MI