516 E Front St, Traverse City, MI 49686
OFF MARKET

$1,578,200

Trulia Estimate
  • Studio

516 E Front St, Traverse City, MI 49686

Downtown
Est. Refi. Payment $9,469/mo*
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Home Value

Trulia Estimate
$1.58M
Since last month
Decreased$19K (-1.2%)
Since last year
Increased$157K (+11%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +5% in the last 10 years
MonthEstimated value
2026
September 2026$1.58M
August 2026$1.6M
July 2026$1.55M
June 2026$1.6M
May 2026$1.51M
April 2026$1.52M
March 2026$1.47M
February 2026$1.63M
January 2026$1.57M
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
401 Washington St, Traverse City, MI
0.19
Single-Family Home
$2,400,000
07/20/26
5
3.5
3,500
427 Washington St, Traverse City, MI
0.15
Single-Family Home
$1,060,000
06/12/26
3
2
2,093
732 E State St, Traverse City, MI
0.31
Single-Family Home
$1,500,000
11/14/25
3
3.5
3,763
615 Webster St, Traverse City, MI
0.24
Single-Family Home
$650,000
08/06/26
3
2
1,815
525 Webster St, Traverse City, MI
0.21
Single-Family Home
$500,000
05/15/26
3
1.5
1,301
319 Washington St, Traverse City, MI
0.26
Single-Family Home
$725,000
01/12/26
3
2
1,510
436 Webster St, Traverse City, MI
0.25
Single-Family Home
$720,000
09/25/25
3
2
1,469
704 Webster St, Traverse City, MI
0.33
Single-Family Home
$1,000,000
03/23/26
4
4
3,891
821 Webster St, Traverse City, MI
0.48
Single-Family Home
$790,000
06/23/26
4
2
1,905
604 Lake Ave, Traverse City, MI
0.48
Single-Family Home
$1,250,000
06/04/26
3
4
2,291

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
511 E State St, Traverse City, MI 49686
0.04
$687,700
2
2
1,192
Off Market
445 E State St, Traverse City, MI 49686
0.06
$1,495,000
8
3
4,360
For Sale
441 E State St, Traverse City, MI 49686
0.07
$1,895,000
9
4
5,172
For Sale
508 E State St, Traverse City, MI 49686
0.08
$1,012,300
4
3.5
2,706
Off Market
534 E State St, Traverse City, MI 49686
0.08
$1,605,000
4
4
3,350
Off Market
115 Franklin St, Traverse City, MI 49686
0.09
$1,177,800
3
3
2,704
Off Market
214 Wellington St #216, Traverse City, MI 49686
0.10
$530,000
4
2.5
1,770
Recently Sold
415 E State St, Traverse City, MI 49686
0.12
$649,000
Studio
-
1,187
Off Market
229 Wellington St, Traverse City, MI 49686
0.13
$3,900,000
6
5.5
6,517
For Sale
100 Hope St #209, Traverse City, MI 49686
0.13
$535,000
2
2.5
1,180
For Sale
100 Hope St #12, Traverse City, MI 49686
0.13
$535,000
2
2
1,272
Recently Sold
100 Hope St, Traverse City, MI 49686
0.13
$501,600
2
2
1,228
Off Market

Local Information

  • Map ViewExplore the area around 516 E Front St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1956
0.25 acre lot

About this House

This single-family home is located at 516 E Front St, Traverse City, MI. 516 E Front St is in the Downtown neighborhood in Traverse City, MI and in ZIP code 49686. This property has a lot size of 10890 sqft and was built in 1956.
516 E Front St, Traverse City, MI 49686 is a studio single-family home in Downtown, built in 1956. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,578,200, with a rent estimate of $2,047/month.

Home Details for 516 E Front St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10890 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$21,212
$1,652,000
Home facts updated by county records

Market trends in Traverse City

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$458K
$3.5KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$288
$1MoM
Available listings
637
91MoM

Around this home

Neighborhood Overview

Downtown
See Local Highlights
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!"
    11
    Flag
  • 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."
    3
    Flag
  • 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. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 E Front St

  • What is 516 E Front St estimated to be worth?
    Trulia's estimated value for 516 E Front St in Traverse City, MI is $1,578,200.
  • Is Traverse City a buyer's or seller's market?
    Traverse City is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Traverse City?
    The median sale price in Traverse City is $458K. That is down $3.5K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Traverse City, MI as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Downtown, Traverse City.
  • How big is the lot at 516 E Front St?
    The lot at 516 E Front St in Traverse City, MI is about 0.25 acres (10,890 sq ft).

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Apartments for Rent

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Off Market Homes Near 516 E Front St

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