$4,749 Closing Credit¹
#1928463, Kate Reichard, Listing Office: EXIT Realty Paramount
$437,500 List price
1388-7 Gray Dr Unit 7 Traverse City, MI 49684
$5,195
Closing credit¹
1 bed
1 full
753 sqft
$581 / sqft
Condo
Property details
About 1388-7 Gray Dr Unit 7
GT Commons, relaxing, very classy, quiet upper-level condo w/ an extraordinary location on Asylum Creek. This unique spot is like sitting in the middle of a forest on a creek off the back balcony yet outside the front balcony are all the amenities of a vibrant urban lifestyle. Featuring an open floor plan, numerous upgrades, including a f/p, all in nearly new condition. This unit is being sold professionally furnished w/ everything down to silverware, linens, cookware. All appliances are included. This building is located next to the gateway of the natural woodlands & trails of the greater Commons natural area for outdoor activities. Short-term rentals allowed. Beaches, downtown TC 1 mile away.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
(Active U/C Taking Backups)
(Active U/C Taking Backups)
CoolingCentral Air
Size753 sqft
Year built2020
ParkingNone, None
MLS #1931178
Summary
- Full Bathrooms: 1
- Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan(s), Electric Water Heater
- Interior: Other, Granite Bath Tops, Granite Kitchen Tops, Solid Surface Counters, Island Kitchen, Great Room
- Fireplace: None
- Total Bedroom Count: 1
- Attached Garage: No
- Parking: None, None
- Waterfront: None
- Exterior: Sprinkler System,Balcony,Landscaped,Gutters, Cement Board
- Architectural Style: 2 Story, Other, Contemporary
- Heating: Forced Air
- Cooling: Central Air
- List Price: $437,500
- Price/SqFt: $581
- Lot: Level
- Directions: Division to West on W. Eleventh St staying left at "Y" on Silver Rd to right on Cottageview Dr to left at Pleasanton Bakery, go forward past the 3-level brick office bldg. to The Lofts at Asylum Creek.
- Year Built: 2020
- Living Area: 753 SqFt
- MLS Number: 1931178
- MLS Name: TAAR
- Office Name: REMAX Bayshore - Union St TC
- Office Phone: (231) 941-4500
- Office Email: hello@brickcorbett.com
- Listing Agent: Marsha Minervini
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 8:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$437,500
1388-7 Gray Dr Unit 7
$5,195
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
7
Central Grade Elementary School
Public District PK-5
1.0 mi
•301 7th St
7
Willow Hill Elementary School
Public District PK-5
1.1 mi
•1250 Hill St
3
Traverse Heights Elementary School
Public District PK-5
2.3 mi
•933 Rose St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,227. Typical income of Traverse City, MI residents is between $100k-200k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
24%
<35k
29%
35k-100k
46%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
55%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
34%
35-64 yrs old
33%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Soccer
NASCAR
Where do the neighbors shop?
Stein Mart
Old Navy
Dick's Sporting Goods
Where do the neighbors go to eat?
Bob Evans
Jimmy Johns
Arbys
What do the neighbors drive?
Buick
GMC
Ford
What do the neighbors listen to?
Adult Standards
New Country- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1388-7 Gray Dr Unit 7
The listing price of 1388-7 Gray Dr Unit 7 property is $437,500.
The property 1388-7 Gray Dr Unit 7 is a condo located in Traverse City, Michigan, 49684.
Active Listing: 1388-7 Gray Dr Unit 7 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1388-7 Gray Dr Unit 7 are: Central Grade Elementary School (GreatSchools Rating 7/10), Willow Hill Elementary School (GreatSchools Rating 7/10), Traverse Heights Elementary School (GreatSchools Rating 3/10), Traverse City West Middle School (GreatSchools Rating 7/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City East Middle School (GreatSchools Rating 6/10), The Greenspire School (GreatSchools Rating 6/10), West Senior High School (GreatSchools Rating 8/10), Central High School (GreatSchools Rating 8/10).
The property at 1388-7 Gray Dr Unit 7 has 1 bedroom and 1 bathroom.
The property 1388-7 Gray Dr Unit 7 is 753 SqFt (source: MLS/tax record).
The year of construction for 1388-7 Gray Dr Unit 7 is 2020.
This home is located at 1388-7 Gray Dr Unit 7 in Traverse City, MI and zip code 49684. This 753 square foot home was built in 2020. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $437,500.
While more than 19 listings in Traverse City, MI in April 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 43 were sold below. The number of homes for sale in Traverse City, MI increased by 28.8% between March and April 2025. In April 2025, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $453,051.
From Rocket Homes Real Estate and based on county public records data.