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. 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 12 of 35 units available(one on the 3rd floor, 7 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 future rooftop garden, set to be built over the next 24 months. Construction is set to re-commence April 2024, with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 12 x 13
- Bedroom 2 Dimensions: 13 x 16
- Bedroom 1 Level: Main Floor
Bathrooms
- Total Bathrooms: 2.5
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Bathrooms On Main Level: 3
- 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
- Kitchen Dimensions: 9 x 13
- Kitchen Level: Main Floor
Other Rooms
- Living Room Dimensions: 15 x 17
- Living Room Level: Main Floor
Exterior and Lot Features
- Balcony
- Sidewalk
- Roads: Blacktop
Waterfront and Water Access
Land Info
- Lot Description: Condo/None
Garage and Parking
- Garage Spaces: 45
- Garage Description: Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Heated, Concrete Floors
Homeowners Association
- Association: Yes
- Association Fee: 300
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 300
School Information
- School District: Traverse City Area Public School
Other Property Info
- Source Listing Status: Active
- County: Grand Traverse
- Directions: Downtown Traverse City next to Park Place Hotel (just East of Park Place)
- 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), Elevator
Building and Construction
- Total Square Feet Living: 1350
- Year Built: 2024
- Above Grade Finished Area: 1350
- Construction Materials: Brick, To Be Built
- Levels: Third Floor Lvl or Higher
- New Construction: Yes
- House Style: 2+ Story
Utilities
- Sewer: Municipal
- Television: Cable TV
- Water Source: Municipal