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Jenn Smart

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3515 Jefferson , Traverse City, MI 49684
$3,000,000
Est. Payment: $15,633.42/mo
5 Bed
4 Bath
5724 Sqft
Status: active | Days on site: 77
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Set high atop Jefferson Hill with commanding, panoramic views of Grand Traverse Bay, Hillcrest is among the most iconic and storied residences in Northern Michigan. Prominently positioned in Traverse City’s historic Slabtown neighborhood, this extraordinary estate has long been admired for its striking presence and enduring place in the community’s landscape. Originally constructed in 1880 for prominent attorney Edwin S. Pratt, the home is a remarkable example of 19th-century craftsmanship, thoughtfully preserved and updated for modern living. Encompassing approximately 5,700 square feet, the residence offers 6 bedrooms, 4 baths, including an apartment with its own private entrance - perfect for guests, extended family, or income potential. Inside, the home reveals an elegant balance of historic character and livability. Expansive, sun-drenched rooms are complemented by soaring ceilings, rich woodwork, and original architectural details that reflect a bygone era of quality and design. Generous living and entertaining spaces provide both warmth and grandeur, while large windows frame stunning views of the bay and surrounding landscape. Set on more than 10 acres along Jefferson Avenue, the grounds are as captivating as the residence itself. The elevated setting offers unmatched privacy and a peaceful sense of retreat, just minutes from downtown Traverse City. A private pond, Kid’s Creek, and mature trees create a serene, park-like environment. Additional features include a three-car garage and a substantial pole barn. The expansive acreage offers both privacy and flexibility, with the option to maintain the full estate or consider future division. Hillcrest is more than a home - it is a legacy property. Rarely does an opportunity arise to own a property of such significance, scale, and setting. This is a once-in-a-generation offering.

Highlights

Listed by Jennifer Gaston , REMAX Bayshore - Union St TC , 231-941-4500. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
10.74

Year Built

1879

County

Grand Traverse

Area

Garfield Twp (28005)

Neighborhood

Metes & Bounds

School District

Traverse City Area Public Schools

Listing ID

80067723

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
Air Cond:Ceiling Fan(s),Exhaust Fan,Window Unit(s)
Fireplaces:Gas Fireplace
Above Ground Sq Ft:5724
Below Ground Sq Ft:0
Basement:Egress/Daylight Windows,Full
Other:
  • Additional:Bay Window, Walk-In Closet, Window Treatment(s)
Water:Public Water

Exterior Features

Lot Dimensions:763 x 594 x 916 x 482
Zoning:Commercial,Multi-Family,Residential
Others:
  • Additional:Deck, Lawn Sprinkler, Patio, Porch, Sidewalks
Sewer:Community
Parking Features:Detached Garage,Gar Door Opener,Garage
Principal Interest
$15,633
Taxes
$1,913

Home Price

$3,000,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$600,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,633.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,633.42 $1,912.50 $0.00 $17,545.92
Yearly $187,601.01 $22,950.00 $0.00 $210,551.01
Total $5,628,030.22 $688,500.00 $0.00 $6,316,530.22
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Traverse City, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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