701 E State Street #D, Traverse City, MI 49686 (MLS # 1950112)
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Enjoy the best of downtown Traverse City living from this perfectly set 3-bedroom, 2-bath condo in the State Street Commons. Located directly across from F&M Park, the setting offers a neighborhood feel while putting you close to downtown restaurants, coffee shops, Front Street shopping, farmers markets, the TART Trail, Grand Traverse Bay, Sunset Beach, and Cherry Capital Airport. This location makes it easy to enjoy downtown while also offering convenient access for travel. Inside, the bright and comfortable floor plan features an open living area with a gas fireplace, spacious kitchen, and flexible living space with plenty of room for owners and guests. The lower level adds additional versatility and works well for overnight guests, an office, family room, or additional private living space. One of the seller's favorite features is the private balcony overlooking the surrounding neighborhood and F&M Park"”a great spot for morning coffee, relaxing at the end of the day, or simply taking in the activity of downtown Traverse City. Parking and storage are another real advantage. The deep attached one-car garage provides room for a vehicle, bikes and recreational gear, and this unit also includes space for two additional vehicles parked tandem outside"”a parking setup unique within the association. The association requires a minimum one-year rental term, helping preserve a quieter, more residential atmosphere while still offering the flexibility of long-term rental use. Whether you are looking for a year-round residence or a low-maintenance Northern Michigan getaway, this condo offers a hard-to-beat combination of location, comfortable living space, outdoor space, storage, and parking just steps from downtown Traverse City.
| DAYS ON MARKET | 1 | LAST UPDATED | 11/9/2026 |
|---|---|---|---|
| TRACT | State Street Commons | YEAR BUILT | 2009 |
| GARAGE SPACES | 1.0 | COUNTY | Grand Traverse |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Oct 23, '26 | $585,000 |
|---|---|
| Oct 23, '26 - Nov 9, '26 | $550,000 |
| Nov 9, '26 - Today | $530,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds, Maintenance Structure, Snow Removal |
| APPLIANCES | Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Washer |
| BASEMENT | Bath/Stubbed, Yes |
| CONSTRUCTION | Cement Siding, Frame, Stone |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Fireplace(s), Forced Air, Natural Gas |
| HOA DUES | 4200|Annually |
| INTERIOR | Granite Counters, High Speed Internet, Pantry, Walk-In Closet(s) |
| LOT DESCRIPTION | Corner Lot, Landscaped |
| PARKING | Concrete, Attached, Paved |
| SEWER | Public Sewer |
| STYLE | Raised Ranch |
| SUBDIVISION | State Street Commons |
| TAXES | 5323.39 |
| UTILITIES | Cable Connected |
| WATER | Public |
| ZONING | Residential,Deed Restrictions |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by REO-TCBeulah-Frankfort-233027
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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Data last updated: 11/10/26 7:58 AM PST
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