PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floor 2, and 3 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N and W Side of Building. Common area Rooftop Garden. Foundation is in. Completion Late Fall 2026. 1 Indoor parking space available for $70, 000. Marketing Brochure and Layouts available online.
Property Features
Bedrooms
- Bedrooms: 1
- Bedroom 1 Dimensions: 12 x 11
- Bedroom 1 Level: Main Floor
- Bedroom 1 Features: Flooring: Carpet
- Bedroom 2 Features: Flooring: Carpet
Bathrooms
- Total Bathrooms: 1.5
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
- Bathrooms On Main Level: 2
- Primary Bathroom Description: Private
Interior Features
- Foyer Entrance
- Walk-In Closet(s)
- Solid Surface Counters
Appliances
- Refrigerator
- Oven/Range
- Disposal
- Dishwasher
- Microwave
- Security System
- Laundry Features: Level: Main Floor
Heating and Cooling
- Heating Fuel: Natural Gas, Multiple Units
- Forced Air
- Central Air
Kitchen and Dining
- Dining Room Features: Flooring: Wood
- Kitchen Dimensions: 10 x 9
- Kitchen Features: Flooring: Wood
- Kitchen Level: Main Floor
Other Rooms
- Living Room Dimensions: 14 x 13
- Living Room Level: Main Floor
- Living Room Features: Flooring: Wood
Exterior and Lot Features
- Balcony
- Sidewalk
- Roads: Blacktop
Land Info
- Lot Description: Condo/None
Garage and Parking
- Garage Spaces: 40
- Garage Description: Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Heated, Concrete Floors
Homeowners Association
- Association: Yes
- Association Fee: 250
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 250
School Information
- School District: Traverse City Area Public School
Other Property Info
- Source Listing Status: New
- County: Grand Traverse
- Directions: Downtown Traverse City just East of Park Place Hotel on State St
- Source Property Type: Residential
- List Development Name: Peninsula Place
- Property Subtype: condo
- Source Neighborhood: Peninsula Place
- Township: Traverse City
- Zoning: Residential, Commercial,
- Property Subtype: Single Family
- Source System Name: C2C
Accessibility Features
- Access: Stairway (Indoor), Stairway (Outdoor), Elevator
Building and Construction
- Total Square Feet Living: 792
- Year Built: 2026
- Above Grade Finished Area: 792
- Construction Materials: Brick, To Be Built
- Levels: Second Floor Level
- New Construction: Yes
- House Style: 2+ Story
Utilities
- Sewer: Municipal
- Television: Cable TV
- Water Source: Municipal
