$10,000 Closing Credit¹
#1929791, Jennifer Gaston, Listing Office: REMAX Bayshore - Union St TC
$1,500,000 List price
330 UNIT501 E State St Unit 501 Traverse City, MI 49684
$10,000
Closing credit¹
3 beds
2 full, 1 partial
2,388 sqft
$628 / sqft
Condo
Property details
About 330 UNIT501 E State St Unit 501
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. This is a Penthouse Unit featuring a private rooftop garden. 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 14 of 35 units available(2 on the 3rd floor, 8 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 private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,388 sqft
Year built2026
ParkingOther, Attached,Drive Under/Built-In,Door Opener,Alley Entrance,Other,Heated,Concrete Floors
MLS #1932237
Attached garageYes
FireplaceOther
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Security System
- Interior: Foyer Entrance, Walk-In Closet(s), Solid Surface Counters
- Fireplace: Other
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Other, Attached,Drive Under/Built-In,Door Opener,Alley Entrance,Other,Heated,Concrete Floors
- Waterfront: None
- Exterior: Balcony,Sidewalk, Other
- Architectural Style: Other, 2+ Story
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,500,000
- Price/SqFt: $628
- Lot: Other
- Directions: Downtown Traverse City next to Park Place Hotel (just East of Park Place)
- Year Built: 2026
- Living Area: 2,388 SqFt
- MLS Number: 1932237
- MLS Name: TAAR
- Office Name: @properties Christie's Int'l
- Office Phone: (231) 881-9400
- Office Email: kennyk@atpropertiesremi.com
- Listing Agent: Ken Kleinrichert
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, 6:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
330 UNIT501 E State St Unit 501
$10,000
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
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Nearby schools
7
Central Grade Elementary School
Public District PK-5
0.5 mi
•301 7th St
3
Traverse Heights Elementary School
Public District PK-5
1.2 mi
•933 Rose St
7
Willow Hill Elementary School
Public District PK-5
1.5 mi
•1250 Hill 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 $30,652. Most Traverse City, MI residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
55%
<35k
28%
35k-100k
14%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
46%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
Figure Skating
Where do the neighbors shop?
Nordstrom Rack
Chico's
New York & Company
Where do the neighbors go to eat?
Chipotle
Boston Market
Bob Evans
What do the neighbors drive?
Mazda
Volvo
Oldsmobile
What do the neighbors listen to?
Rock
Talk/Personality
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 330 UNIT501 E State St Unit 501
The listing price of 330 UNIT501 E State St Unit 501 property is $1,500,000.
The property 330 UNIT501 E State St Unit 501 is a condo located in Traverse City, Michigan, 49684.
Active Listing: 330 UNIT501 E State St Unit 501 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 330 UNIT501 E State St Unit 501 are: Central Grade Elementary School (GreatSchools Rating 7/10), Traverse Heights Elementary School (GreatSchools Rating 3/10), Willow Hill Elementary School (GreatSchools Rating 7/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City West Middle School (GreatSchools Rating 7/10), Traverse City East Middle School (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 8/10), The Greenspire School (GreatSchools Rating 6/10), Traverse City High School (GreatSchools Rating 2/10).
The property at 330 UNIT501 E State St Unit 501 has 3 bedrooms and 2 full and 1 half bathrooms.
The property 330 UNIT501 E State St Unit 501 is 2,388 SqFt (source: MLS/tax record).
The year of construction for 330 UNIT501 E State St Unit 501 is 2026.
This home is located at 330 UNIT501 E State St Unit 501 in Traverse City, MI and zip code 49684. This 2,388 square foot home was built in 2026. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $1,500,000.
Over 19 listings were sold over their listed price in April 2025 in Traverse City, MI. In the same period over 43 listings were sold below the listed price and 14 listings were sold for the listed price. In April 2025 in Traverse City, MI there were 28.8% more homes for sale than in March. While the average time on the market in April 2025 was 64 days, the median list price was $453,051.
From Rocket Homes Real Estate and based on county public records data.