424 E  Front St #1, Traverse City, MI 49684
Property image
Property image
FOR SALE

424 E Front St #1
Traverse City, MI 49684

Downtown
  • 4 Beds
  • 3.5 Baths
  • 2,237 sqft

$2,995,000

Est. Mortgage $17,487/mo*

$2,995,000

Est. Mortgage $17,487/mo*
4 Beds
3.5 Baths
2,237 sqft

Local Information

  • Map ViewExplore the area around 424 E Front St #1.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

A landmark of timeless elegance, The Ottaway offers an exceptional luxury residential experience in the heart of downtown Traverse City, with a rare opportunity to own a fully furnished, designer-curated residence. Designed by internationally renowned architecture firm AMDG and inspired by the classic charm of Chicago’s Gold Coast and New York’s Upper East Side, this to-be-built boutique building blends refined sophistication with Northern Michigan tradition. Developed by J. Peterson Homes, The Residences at The Ottaway will offer just four exclusive condominium homes, each meticulously finished with high-end furnishings, lighting, and décor thoughtfully selected to complement the architecture and craftsmanship. Tucked along a quiet stretch of East Front Street, each residence enjoys tranquil views of the Ottaway River and West Bay, with a newly created green space just across the street. Residents also enjoy Traverse City’s first rooftop pool, complete with panoramic water views, a spa, dining terrace, fire pit, and lounge. Private elevators open directly into each home’s foyer, leading to an open-concept layout with a chef’s kitchen featuring Wolf and Sub-Zero appliances, quartz countertops, and custom cabinetry, flowing seamlessly into furnished living and dining spaces and out to a covered porch. The primary suite offers bay views, a Juliette balcony, a walk-in closet, and a spa-inspired bath. Each residence includes three bedrooms, two full baths, a half bath, and in-unit laundry, along with hardwood floors, crown moulding, Kohler fixtures, and custom millwork throughout. Additional amenities include two deeded, heated garage spaces, private storage, and a fitness center. Just one block from downtown’s most celebrated dining destinations and moments from sandy beaches and waterfront trails, The Ottaway offers a rare combination of architectural distinction, premier amenities, and an unmatched downtown setting, with only four residences available.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating only
HOA
$600/Monthly
Price/Sqft
$1,339
Listed
154 days ago

Home Details for 424 E Front St #1

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Master Bathroom
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 2237 Square Feet
Appliances & Utilities
Appliances: Oven/RangeLaundry: Main Level
Heating & Cooling
Heating: Forced Air,Natural Gas,Fireplace(s)Has HeatingHeating Fuel: Forced Air
Fireplace & Spa
Has a FireplaceNo Spa
Levels, Entrance, & Accessibility
Entry Location: Stairway (Indoor), Elevator, Second Floor LevelAccessibility: Accessible Elevator Installed
View
Has a ViewView: Bay, Water

Exterior Features

Exterior Home Features
Roof: MembraneOther Structures: NoneFoundation: Poured ConcreteNo Private Pool
Parking & Garage
Number of Garage Spaces: 2No CarportHas a GarageHas an Attached GarageNo Open ParkingParking Spaces: 2Parking: Attached,Asphalt
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses
Finished Area
Finished Area (above surface): 2237 Square Feet

Days on Market

Cumulative Days on Market: 86Days on Market: 154

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Single Family ResidenceArchitecture: Other
Building
Construction Materials: Brick, BlockNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Condition: To Be BuiltParcel Number: 285179800600

Price & Status

Price
List Price: $2,995,000Price Per Sqft: $1,339
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: Traverse CityCommunity: The Residences at The Ottaway
School Information
Elementary School District: Traverse City Area Public SchoolsJr High / Middle School District: Traverse City Area Public SchoolsHigh School District: Traverse City Area Public Schools

Agent Information

Listing Agent
Listing ID: 1942055

Building

Building Area
Building Area: 2237 Square Feet
Community rooms
Fitness Center

Community

Community Features: Fitness Center, Pool, Common Area

HOA

HOA Fee Includes: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, OtherHOA Fee: $7,200/Annually

Offer

Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash, Other

Miscellaneous

Mls Number: 1942055Water ViewWater View: Water, BayAbove Grade Unfinished Area: 2237

Additional Information

PoolCommon Area
Last check for updates: about 4 hours ago
Listing courtesy of Thomas Corbett, (617) 515-9707
REMAX Bayshore - West Shore Dr TC, (231) 941-4500
BJ Brick
REMAX Bayshore - West Shore Dr TC, (231) 941-4500
Source: NGLRMLS, MLS#1942055
Also Listed on NGLRMLS.

Market trends in Traverse City

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$454K
$11.67K
MoM
Sale-to-List Price
98.2%
0.7%
MoM
Price per sq ft
$263
$16
MoM
Available listings
450
92
MoM

Price History for 424 E Front St #1

DatePriceEventSource
02/04/2026$2,995,000Listed For SaleNGLRMLS #1942055

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Comparable Sales for 424 E Front St #1

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.45
Condo
$487,500
01/26/26
3
2.5
2,070
0.42
Condo
$800,000
03/26/26
2
3
1,771
0.33
Condo
$500,000
04/20/26
2
2.5
1,274
0.22
Condo
$535,000
03/05/26
2
2
1,272
0.32
Condo
$910,000
02/13/26
2
2
1,560
0.32
Condo
$825,000
06/12/26
2
2
1,425
0.40
Condo
$642,000
07/25/25
2
2
1,488
0.44
Condo
$615,000
07/06/26
2
2
1,276
0.38
Condo
$310,000
08/18/25
2
2
950
0.40
Condo
$361,000
10/30/25
2
2
1,000

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 12 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 90 % Say people would walk alone at night

  • 81 % Say kids play outside

  • 75 % Say streets are well-lit

  • 73 % Say there are sidewalks

  • 71 % Say it's walkable to restaurants

  • 71 % Say there's holiday spirit

  • 69 % Say yards are well-kept

  • 67 % Say they plan to stay for at least 5 years

  • 65 % Say car is needed

  • 65 % Say it's quiet

  • 63 % Say neighbors are friendly

  • 63 % Say parking is easy

  • 44 % Say it's walkable to grocery stores

  • 43 % Say there are community events

  • 41 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Brenden F.
    "It's small, but its poppin, houses in the area are nice and the street is HELLA cute, downtown is nice to go to chill out for an evening. It's like the trendy part of Michigan!"
  • ben d.
    "we live here and love our location on the river with kayaks, etc, floating by. a 10 minute walk places you downtown with State theatre and "foodie", non franchise restaurants & shopping. 5 minutes more is on Lake Michigan swimming beach & boat rentals."
  • ben d.
    "Live here 7 months and totally enjoy the walking proximity to downtown activities and restaurants, as well as Clinch Park & marina. Having an enclosed porch on the river has its own pleasure, given the armada of kayaks & flatboards passing by: also most meals & happy hours are spent here. "

LGBTQ Local Legal Protections

Thomas Corbett, REMAX Bayshore - West Shore Dr TC, (231) 941-4500
Agent Phone: (617) 515-9707
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.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
424 E Front St #1, Traverse City, MI 49684 is a 4 bedroom, 4 bathroom, 2,237 sqft condo built in 2026. 424 E Front St #1 is located in Downtown, Traverse City. This property is currently available for sale and was listed by NGLRMLS on Feb 4, 2026. The MLS # for this home is MLS# 1942055.