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111 E State Street Unit PH B

Traverse City, MI 49684

5 beds
3 baths
2,436 sqft
$1,211 per sqft
2025 build
– on site

Introducing the Penthouses at 111 State Street: two full-floor residences, each with its own private elevator, oversized climate-controlled garage, and dedicated rooftop terrace with views of Grand Traverse Bay. Each home offers nearly 3,500 square feet of private interior and exterior living space. The private elevator provides direct access from the lobby into the residence and continues up to the rooftop terrace with water views. Construction is scheduled for completion late Summer 2025. Each home has a bespoke interior design package that includes natural marble, white oak floors, top of the line appliances, custom millwork, over ten foot ceilings and oversized windows that flood the space with natural light from multiple exposures. The homes have been designed for a lifestyle of privacy and convenience, located two blocks from the beach and Clinch Marina, steps from restaurants, shopping, and trailheads. Freshwater Development is recognized for its uncompromising commitment to quality, building to the highest standards. The homes have state-of-the-art soundproofing throughout and double-pane casement windows, ensuring energy efficiency and serene interior quiet. Each residence has its own climate-controlled garage with oversized doors, generous storage, and EV charging stations. A private rooftop terrace extends the living space outdoors, complete with a custom pergola and the option to add an outdoor kitchen, sauna, cold plunge, or hot tub. These two homes have been carefully constructed with the finest materials and built with meticulous attention to detail, all supported by Freshwater Development’s signature white-glove service, an experience that continues well beyond closing day.

Listing courtesy of NGLRMLS / @properties Christie's Int'l, 231-881-9400

Last checked: Checking… • Last updated May 13, 2025 •

MLS# 1933664 —

The Building

Construction:

brick, frame, steel, New Construction
Style:

1 story
Roof:

membrane, wood
Foundation:

block
Exterior Finish:

Wood, Brick
Access:

Elevator, No Steps
Barrier Free Design:

Main Floor Access, No Steps Entry, Elevator
Eco Features:

no
Energy Efficient:

Energy Star Appliances, Low-e Windows
Unit #:

PH B
Unit Level:

Second Floor Level
SqFt:

2436

Interior

Features:

Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Solid Surface Counters, Island Kitchen, Formal Dining Room, Great Room, Den/Study, Exercise Room, Beamed Ceilings, Drywall
Floor Covering:

wood
Kitchen Floor Covering:

wood
Dining Floor:

Wood
Laundry on:

Main Floor
Laundry Floor Covering:

tile

Financial & Terms

Terms:

Conventional, Cash

Location

Latitude:

44.7629775802007
Longitude:

-85.6234546994057

The Property

Parcel Description:

condo/none
Land Features:

Level
Zoning:

Residential
Exterior Features:

Bay View, Deck, Sidewalk, Landscaped, Gutters
Deeded Waterfront:

no
Water Features:

Bay View
Road:

blacktop
Mineral Rights:

Unknown
Price Per SqFt:

1211

Listing Agent

Contact info:

Taxes

Tax ID:

00-00-000-000-00

Beds

1st Bedroom on:

Main Floor
1st Bedroom Floor Covering:

Wood
2nd Bedroom on:

Main Floor
2nd Bedroom Floor Covering:

wood
3rd Bedroom on:

Main Floor
3rd Bedroom Floor Covering:

wood
4th Bedroom on:

Main Floor
4th Bedroom Floor Covering:

wood

Baths

Master Bath:

private

Heating & Cooling

Fireplace/Stove:

None
Heating & Cooling:

Forced Air, Central Air, Electric Air Filter, Zoned/Dual, Heat Pump, Electric Air Cleaner
Heating & Cooling Source:

electric

Utilities

Water:

Municipal
Sewer:

Municipal
Renewable:

Energy Star Rated A/C, Programmable Thermostat, Energy Star Rated Furnace
TV Service/Internet:

Cable TV, Cable Internet, WiFi

Appliances

Appliances:

Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Security System, Freezer, Exhaust Fan, Electric Water Heater, Smoke Alarms(s)

Schools

School District:

Traverse City Area Public Schools

The Community

Amenities:

Pets Allowed
Association Fee Includes:

Trash Removal, Snow Removal, Lawn Care, Exterior Maintenance, Liability Insurance, Fire Insurance

Parking

Primary Garage:

attached, door opener, alley entrance, paved driveway, heated
Driveway:

Heated, Blacktop, Alley Access

Extra Units

Additional Buildings:

none

Monthly cost estimate

Asking price

$2,950,000

Expense	Monthly cost
Mortgage	$15,796
Taxes	N/A
Insurance	$811
Utilities	$156 See report
Total	$16,763/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/13/25 May 13, 2025	Listed / Active	NGLRMLS	$2,950,000

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This condo located in Downtown Traverse City, Traverse City, MI 49684 is currently for sale for $2,950,000. 111 E State Street Unit PH B is a 2,436 square foot condo with 5 beds and 3 baths that has been on Estately for 0 days. 111 E State Street Unit PH B is in the Downtown Traverse City neighborhood of Traverse City and has a WalkScore® of 87, making it very walkable. This condo is in the attendance area of Central High School, East Middle School, and Central Grade School.

Listing Courtesy of: NGLRMLS and @properties Christie's Int'l.