424 E Front Street # 1 Traverse City, MI $ 2,995,000
424 E Front Street # 1
$ 2,995,000
Recently Listed New Construction
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424 E Front Street # 1

Traverse City, MI, 49684
$ 2,995,000
Bedrooms4 Baths3.1 Sq 2,237

Monthly Estimate*

$ 18,441

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Single Family Home for sale in Traverse City, MI

for $2,995,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,237 square foot home was built in 2026.

A landmark of timeless elegance, The Ottaway offers an exceptional luxury residential experience in the heart of downtown Traverse City, with a rare opportunity to own a fully furnished, designer-curated residence. Designed by internationally renowned architecture firm AMDG and inspired by the classic charm of Chicago’s Gold Coast and New York’s Upper East Side, this to-be-built boutique building blends refined sophistication with Northern Michigan tradition. Developed by J. Peterson Homes, The Residences at The Ottaway will offer just four exclusive condominium homes, each meticulously finished with high-end furnishings, lighting, and décor thoughtfully selected to complement the architecture and craftsmanship. Tucked along a quiet stretch of East Front Street, each residence enjoys tranquil views of the Ottaway River and West Bay, with a newly created green space just across the street. Residents also enjoy Traverse City’s first rooftop pool, complete with panoramic water views, a spa, dining terrace, fire pit, and lounge. Private elevators open directly into each home’s foyer, leading to an open-concept layout with a chef’s kitchen featuring Wolf and Sub-Zero appliances, quartz countertops, and custom cabinetry, flowing seamlessly into furnished living and dining spaces and out to a covered porch. The primary suite offers bay views, a Juliette balcony, a walk-in closet, and a spa-inspired bath. Each residence includes three bedrooms, two full baths, a half bath, and in-unit laundry, along with hardwood floors, crown moulding, Kohler fixtures, and custom millwork throughout. Additional amenities include two deeded, heated garage spaces, private storage, and a fitness center. Just one block from downtown’s most celebrated dining destinations and moments from sandy beaches and waterfront trails, The Ottaway offers a rare combination of architectural distinction, premier amenities, and an unmatched downtown setting, with only four residences available.

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Single Family Active

Price

$ 2,995,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Year Built

2026

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1942055

Features
Interior
Interior Amenities Kitchen Island Cable TV
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2237
Half Baths 1
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Entry Level 2
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
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General
Sewer Public Sewer
Heating Forced Air Fireplace(s) Natural Gas
Possession Negotiable
Roof Membrane
Appliances Oven/Range
HOA Fee 7200
Garage Spaces 2
Association Fee Includes Water Sewer Trash Snow Removal Maintenance Grounds Maintenance Structure Liability Insurance Other
Architectural Style Other
Construction Materials Brick Block
Pets Allowed false
Year Built 2026
View Water Bay
Township Traverse City
Unit Number 1
Property Subtype Single Family Residence
Community Features Fitness Center Pool Common Area
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage Y
Subdivision Name The Residences at The Ottaway
Garage Y/N Y
Other Structures None
Full Baths 3
Status Active
Directions US 31 to Front. West to address.
City Traverse City
Entry Location Stairway (Indoor) Elevator 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 To Be Built
Lease Renewal Y/N N
Lease Considered Y/N N
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 36014
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description THT PRT OF LOTS 4 & 5 BLK 12 ORIG PLAT DES AS COM AT NE COR OF LOT 5 TH W 31.89 FT TO POB TH S 165.64 FT TH W 50.05 FT TH N 165.66 FT TH E 50.45 FT TO POB
Freehold IDX
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Exterior
Parking Features Asphalt Attached
Lot Features Level
Water Source Public
Foundation Details Poured Concrete
Number of Buildings 1
Spa N
Road Surface Type Asphalt
Waterfront Y/N N
Horse Y/N N
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* Excluded Features
List By
Remax Bayshore - West Shore Dr Tc

Broker

(231) 941-4500

Phone

Affordability Calculator

$18,441
Per Month
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Monthly Principal & Interest
$18,441
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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
2/4/2026$2,995,000 Listed Price

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424 E Front Street # 1, Traverse City, MI, 49684 is a Single Family Home for sale at $2,995,000 with 2,237 sqft. 424 E Front Street # 1 has 4 bedrooms, 3.1 baths, and was built in 2026. The property's zip code is 49684 which is in Traverse City, MI