111 E State Street
TraverseCity, 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 Developments signature white-glove service, an experience that continues well beyond closing day.
Last checked:
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Last updated May 13, 2025
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MLS# 78080056989 —
The Building
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Year Built:2025
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New Construction:true
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Construction Materials:Brick, WoodSiding
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Architectural Style:Ranch
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Levels:One
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Basement:Block
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Basement:false
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Foundation Details:Block
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Security Features:SecuritySystem
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Patio And Porch Features:Deck
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Above Grade Finished Area:2436.0
Interior
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Interior Features:EntranceFoyer, WalkInClosets
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Fireplace:false
Room Dimensions
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Living Area:2436.0
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:NewConstruction, QuickDeliveryHome
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Zoning Description:Residential
Listing Agent
- Contact info:
- Agent phone:
- (231) 881-9400
- Office phone:
- (231) 881-9400
Taxes
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Tax Legal Description:Unit 2, 111 State Condominium, according to the Master Deed recorded at Document No. 2025C-00024, Grand Traverse County Records, and designated as Grand Traverse County Condominium Subdivision Plan No. 538, with rights in General Common Elements
Beds
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Total Bedrooms:5
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Electric, ForcedAir, HeatPump
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Heating:true
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Cooling:CentralAir, ExhaustFan, HeatPump
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Cooling:true
Utilities
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Sewer:SharedSeptic
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Refrigerator, Range, Washer
Schools
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High School District:TraverseCity
The Community
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Subdivision Name:PENTHOUSES AT 111 STATE
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Waterfront:false
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Pets Allowed:Yes
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Association Amenities:MaintenanceGrounds
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Association:true
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Association Fee:700.0
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Association Fee Includes:MaintenanceGrounds, MaintenanceStructure, SnowRemoval, Trash
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Association Fee Frequency:Monthly
Parking
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Garage:true
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Garage Spaces:1.0
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Attached Garage:true
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Parking Features:OneCarGarage, Attached, Garage, HeatedGarage, GarageDoorOpener
IDX provided courtesy of Realcomp II Ltd., via Estately and Aspire North REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$2,950,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$15,796
|
| Taxes | N/A |
| Insurance | $811 |
| HOA fees | $700 |
| Utilities | $156 See report |
| Total | $17,463/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/13/25
May 13, 2025
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Listed / Active | REALCOMP | $2,950,000 |
