$4,738 Closing Credit¹
#1924046, Karen Schmidt, Listing Office: Coldwell Banker Schmidt Traver
$549,000 List price
1388 Gray Dr Traverse City, MI 49684
$6,519
Closing credit¹
2 beds
2 full
1,098 sqft
$500 / sqft
Condo
Property details
About 1388 Gray Dr
Welcome to this stunning modern condo located on Gray Drive, nestled within the historic Commons of Traverse City! This sleek 2-bedroom, 2-bath home boasts a contemporary design with luxury finishes, including elegant quartz countertops in the kitchen. Imagine enjoying your morning coffee on a beautiful deck overlooking a lush green forest with the soothing sounds of a babbling brook just beyond-easily heard from both the kitchen and living room. This unit also has an excellent rental history, making it a great investment opportunity. Living here offers a vibrant lifestyle with walkable access to local favorites like Left Foot Charlie, Spanglish, and Earth & Ales. Whether you're in the mood for dining, drinks, or wellness, you're steps away from Pure Pilates and miles of scenic hiking trails to explore. A truly unique opportunity to live amidst the charm and convenience of The Commons!
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
Size1,098 sqft
Year builtNew Const., 2020
MLS #78080052847
WaterfrontCreek
Summary
- Full Bathrooms: 2
- Appliances: Disposal, Dryer, Microwave, Oven, Refrigerator, Range, Washer
- Basement: No
- Total Bedroom Count: 2
- Waterfront: Creek
- Exterior: Balcony
- Architectural Style: Contemporary, Other
- Heating: Forced Air, Natural Gas
- List Price: $549,000
- Price/SqFt: $500
- HOA Amount: $324
- HOA Frequency: Monthly
- Lot: Sprinklers
- Year Built: 2020
- Living Area: 1,098 SqFt
- MLS Number: 78080052847
- MLS Name: Aspire North REALTORS
- Office Name: REMAX Bayshore - Union St TC
- Office Phone: (231) 941-4500
- Listing Agent: Jules B Yates, Autumn Haag
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 4:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$549,000
1388 Gray Dr
$6,519
closing credit¹
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Price information
Property sales
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Tax history
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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. Residents of Traverse City, MI typically earn between $100k-200k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
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 Gray Dr
The listing price of 1388 Gray Dr property is $549,000.
The property 1388 Gray Dr is a condo located in Traverse City, Michigan, 49684.
Active Listing: 1388 Gray Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1388 Gray Dr 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 Gray Dr has 2 bedrooms and 2 bathrooms.
The property 1388 Gray Dr is 1,098 SqFt (source: MLS/tax record).
The year of construction for 1388 Gray Dr is 2020.
This home is located at 1388 Gray Dr in Traverse City, MI and zip code 49684. This 1,098 square foot home was built in 2020. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 3, 2024 and is currently priced at $549,000.
In April 2025 more than 19 listings in Traverse City, MI were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 43 were sold below. Between March and April 2025, Traverse City, MI real estate market has seen increase in the number of listings by 28.8%. 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.