124 N Oak Street | Traverse City, MI 49684

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Description

Fabulous contemporary home right in downtown Traverse City! This luxury property is truly one-of-a-kind, outfitted with stunning custom architecture, fixtures, and amenities. Enter into a living space with an open floor plan, expansive picture windows, and soaring ceilings. The executive kitchen features ample surface space with two granite countertop islands, top-of-the-line stainless steel appliances, a formal dining area, and lots of storage in the walk-in pantry. This home is perfect for entertaining - from the lower level home theatre, to the multiple balconies overlooking downtown TC, to a third-level bar with a fully outfitted kitchen and stunning vistas of Grand Traverse Bay from the rooftop terrace. You will have plenty of space for family and friends in the 8 large bedrooms with private baths and several lounge and living areas. It is very easy to work from home with a built-in office area and a fully outfitted lower-level gym. The exterior features an enclosed courtyard, street-side patio, meticulous landscaping, and attached 2 car garage off of Gills St. Right in the heart of downtown, this home, location, and living space are like no other!

Directions

Heading N on 31, turn left onto W Front St, then (second) left onto N Oak St. property is ~450 feet down on the right. Back parking available off Gills St.

Disclaimer

Copyright © 2022 Northern Great Lakes Realtors (NGLR) Listing provided by Northern Great Lakes Realtors (NGLR). The information in this listing was gathered from third-party sources including the seller. Home Waters LLC its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Property Listed By

Coldwell Banker Schmidt-402. 402 E Front Street Traverse City, MI 49686

No sold comparables found

About Downtown

Downtown is the heart and soul of Traverse City.  Enjoy Clinch Park and West End Beach with all of the fun in the sun that it brings in the summer on Grand Traverse Bay.  Rent kayaks or SUP's, swim at the public beaches, serve up some beach volleyball at the established courts, ride or run the TART trail along the beach, or enjoy the marina and expansive Open Space.  

Many of the well-known Front Street businesses are in this neighborhood.  Find incredible restaurants and shops, catch a movie at State Theatre or The Bijou by the Bay, or just stroll and explore the historic streets and buildings.   This is where you'll find all of the festivals including Cherry, Film, Comedy, and more!  Boardman River meanders its way to the bay through Downtown Traverse City from Boardman Lake to the south.

History

Just along the border of the Downtown neighborhood is the site of the Traverse City History Center, which is dedicated to the preservation, protection, and presentation of the historical record of Traverse City and the Grand Traverse Region. The History Center of Traverse City will collaborate with and support other historically focused groups and organizations, present educational programs and events. 

In 1847, Captain Boardman of Naperville, Illinois, purchased the land at the mouth of the Boardman River at the head of the west arm of the bay. During that year the captain, his son, and their employees built a dwelling and sawmill near the mouth of the river. In 1851 the Boardmans sold the sawmill to Hannah, Lay & Co (Perry Hannah, Albert Tracy Lay and James Morgan), who improved the mill greatly. The increased investment in the mill attracted additional settlers to the new community.

Landmarks

One special landmark is the beautiful City Opera House, built in 1891 and beautifully renovated with more than $8.5 million in exquisite restoration work. The City Opera House is one of six historically intact Victorian opera houses in Michigan and has hosted everything from plays, concerts and operettas, to gala balls, social functions, community festivals and celebrations. The City Opera House truly is a community-based, community-supported gathering space for Grand Traverse residents and visitors alike.

Built by Henry D. Campbell on park land purchased from the city in 1873, the Park Place Hotel started as the Campbell House Hotel. Five years later, lumber barons J. Perry Hannah and A. Tracy Lay bought and upgraded the property to levels of opulence and service equal to the era's world-class hotels. Appropriately, they re-named it Park Place.

Year Units Sold Total Volume Average Sale High Sale Low Sale
2017 19 $11,160,194 $587,379 $2,409,184 $229,900
2018 15 $8,212,325 $547,488 $1,175,000 $290,000
2019 14 $7,545,806 $538,986 $1,113,805 $195,000