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Jenn Smart

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301 330 E State , Traverse City, MI 49684
$550,000
Est. Payment: $2,866.13/mo
1 Bed
2 Bath
1171 Sqft
Status: pending | Days on site: 313
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 12 of 35 units available(one on the 3rd floor, 7 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, set to be built over the next 24 months. Construction is set to re-commence April 2024, with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.

Highlights

Listed by Ken Kleinrichert , 231-620-2989 Coldwell Banker Schmidt Traverse City , 231-922-2350. MiRealSource, Inc. mls logo

Property Type

Condo/Townhome

HOA Fee

300 Monthly

Year Built

2024

County

Grand Traverse

Area

Traverse City (28021)

Neighborhood

Peninsula Place

School District

Traverse City Area Public Schools

Listing ID

80014218

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:1171
Below Ground Sq Ft:0
Basement:Other (Basement)
Other:
  • Additional:Security System, Walk-In Closet
Water:Public Water

Exterior Features

Zoning:Commercial,Residential
Others:
  • Additional:Exterior Balcony, Sidewalks
Sewer:Community
Parking Features:Attached Garage,Gar Door Opener,Heated Garage,Garage
Principal Interest
$2,866
Taxes
$351
HOA
$300

Home Price

$550,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$110,000
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:
$2,866.13

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,866.13 $350.63 $300.00 $3,516.75
Yearly $34,393.52 $4,207.50 $3,600.00 $42,201.02
Total $1,031,805.54 $126,225.00 $108,000.00 $1,266,030.54
Lender profile image
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.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T04:57:55.100Z

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