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525 Fifth Street Traverse City, MI $ 1,245,000
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525 Fifth Street
$ 1,245,000
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Recently Listed New Construction
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525 Fifth Street

Traverse City, MI, 49684
$ 1,245,000
Bedrooms3 Baths4.1 Sq 3,047

Monthly Estimate*

$ 7,666

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Single Family Home for sale in Traverse City, MI

for $1,245,000 with 3 bedrooms and 4 full baths, 1 half bath. This 3,047 square foot home was built in 1894 on a lot size of 0.17.

Located in the highly sought-after Historic District of downtown Traverse City on iconic 5th Street, this extensively renovated 3 bedroom, 4.5 bath residence—including a substantial addition—beautifully combines historic charm with upscale modern finishes and is offered $250K below recent appraised value. Thoughtfully redesigned from the studs out, improvements include all new electrical, plumbing, HVAC, and air conditioning systems, along with expansive new Andersen windows that flood the home with natural light. The gourmet island kitchen is designed for both function and style, featuring granite countertops, premium appliances, a copper farmhouse sink, and custom lighting accents. A desirable main-floor primary suite offers comfort and convenience, while the upper level includes two additional bedrooms, one serving as a private en suite ideal for guests or multi-generational living. Custom tiled bathrooms, including one showcasing the original clawfoot tub, ceramic tile flooring throughout, and inviting covered front and rear porches add warmth and character throughout the home. The lower level offers a separate exterior entrance with potential for a second kitchen area and a legal studio apartment for rentals of 30 days or longer. Completing the property is a striking luxury metal roof. Seller is a licensed real estate agent in the State of Michigan.

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Single Family Active

Price

$ 1,245,000

Bedrooms

3

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Victorian

Lot Size

0.17

Year Built

1894

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1945694
Features
Interior
Interior Amenities Granite Bath Tops Granite Counters Kitchen Island Mud Room Drywall Ceiling Fan(s) Cable TV High Speed Internet
Basement Partial Exterior Entry
Flooring Tile
Fireplace Features Gas Insert
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds
Fireplace Y/N Y
Above Grade Finished Area 2310
Half Baths 1
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 737
Living Room Level Main
Main Level Bedrooms 1
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
Primary Bathroom Features Private
Kitchen Area 306
Kitchen Length 17
Kitchen Width 18
Primary on Main 244.799999999
Second Bedroom Length 18
Second Bedroom Width 13.6
Bedroom 3 Area 143
Bedroom 3 Length 13
Bedroom 3 Width 11
Bedroom 4 Area 484
Bedroom 4 Length 22
Bedroom 4 Width 22
Dining Room Area 12 132
Dining Room Width 11
Living Room Area 456
Living Room Length 19
Living Room Width 24
Primary Bedroom Area 143
Primary Bedroom Length 13
Primary Bedroom Width 11
Dining Room Level Main
Bedroom 4 Level Lower
Bedroom 3 Level Upper
Second Bedroom Level Upper
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General
Sewer Public Sewer
Heating Forced Air Fireplace(s)
Cooling Ductless Electric
Possession Within 30 Days Negotiable
Roof Metal
Appliances Refrigerator Oven/Range Dishwasher Microwave Exhaust Fan Instant Hot Water
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Deck Covered
Architectural Style Victorian
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 1894
Stories Count 2
Township Traverse City
Levels Two
Property Subtype Single Family Residence
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction Y
Property Type Residential
Attached Garage N
Subdivision Name Hannah Lay' Co's 6th Add.
Garage Y/N Y
Other Structures None
Full Baths 4
Status New
Directions 500 Block of 5th between Maple and Oak
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 7405.2
Carport Y/N N
Home Warranty Y/N N
Property Condition New Construction
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 231817
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOT 9 E 1/2 OF LOT 8 & W. 8 FT. OF LOT 10 BLK 10 HANNAH LAY & CO'S 6TH ADD.
Year Built Effective 2026
Freehold IDX
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Exterior
Exterior Amenities Sidewalk
Parking Features Concrete Detached Alley Access Concrete Floors
Lot Features Level Subdivided
Water Source Public
Lot Size Area 0.17
Foundation Details Poured Concrete
Number of Buildings 1
Spa N
Lot Dimensions 49 x 165
Lot Size Acres 0.17
Road Surface Type Asphalt
Waterfront Y/N N
Road Responsibility Private Maintained Road
Horse Y/N N
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* Excluded Features
List By
@Properties Christie's Int'l

Broker

(231) 642-9888

Phone

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$7,666
Per Month
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Monthly Principal & Interest
$7,666
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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
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Pricing History
DatePricePrice ChangeDescription
5/26/2026$1,245,000 Listed Price

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525 Fifth Street, Traverse City, MI, 49684 is a Single Family Home for sale at $1,245,000 with 3,047 sqft and a lot size of 0.17. 525 Fifth Street has 3 bedrooms, 4.1 baths, and was built in 1894. The property's zip code is 49684 which is in Traverse City, MI

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