Recently Listed New Construction 424 E Front Street # 1
Traverse City, MI, 49684 $ 2,995,000
Bedrooms4 Baths3.1 Sq 2,237 Monthly Estimate*
$ 18,441
for $2,995,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,237 square foot condo 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 Chicagoââ¬â¢s Gold Coast and New Yorkââ¬â¢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 Cityââ¬â¢s first rooftop pool, complete with panoramic water views, a spa, dining terrace, fire pit, and lounge. Private elevators open directly into each homeââ¬â¢s foyer, leading to an open-concept layout with a chefââ¬â¢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 downtownââ¬â¢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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FeaturesGeneralHeating Forced Air
Possession Negotiable (Possession)
Garage Attached Garage
Water Public Water
Appliances Range/Oven
Status Active Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 2026
Parking Garage
Subdivision The Residences at The Ottaway MI
Style Other
County Grand Traverse
Class RESIDENTIAL
Type Condominium
Ownership Private
Municipality Traverse City
Section 10
New Construction Y/N Yes
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
HOA Fee Includes Maintenance Grounds Snow Removal Trash Removal Water Maintenance Structure Sewer
Area Traverse City (28021)
Primary City Traverse City
Directions US 31 to Front. West to address.
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional
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
DOM 3
Postal Code 49686
Price Per Sq Ft Total AG 1338.85
Public Remarks 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
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InteriorBasement Poured
Bedroom 1 Level Main
Beds 4
Fireplace? Yes
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ExteriorWater Features Water View
Waterfront Y/N No
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* Excluded FeaturesList ByThomas CorbettListing Agent
Remax Bayshore - West Shore Dr TcBroker
tommy@brickcorbett.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,441
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyCondo listings in Traverse City, MI
Average List Price $548,714
Percent of Sale Price 82%
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 |
|---|
| 2/4/2026 | $2,995,000 | | Listed Price |