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About This Home

This 1-bedroom, 1-bathroom condo at 1388 Gray Drive in Traverse City, MI is listed for $479,000 ($562 per sqft). Built in 2020, the home offers 853 sqft of living space on a N/A lot.

Agent Description

Historic ambience and a modern urban lifestyle combine to create the ideal condominium. Building 57 at the Grand Traverse Commons has been transformed into 12 stunning condos situated along the boundary of the Water Tower District of the Village, and at the base of the natural woodlands and trails of the Commons natural area.

This ideal location offers restaurants, Shopping, Munson Hospital, Left Foot Charlie, Earthen Ales, S2S, Pepenaro and Stella only steps away from your front door. Downtown Traverse City and the beach are only a mile away. In contrast, enjoy the peace and tranquility and privacy of Kids Creek and a wooded landscape on your back patio.

The best of both worlds! Completed in 2023 this unit is beautifully finished with many upgrades and an open and airy layout. Enjoy an attached spacious 1 car garage with custom storage, full size washer and dryer and a maintenance free lifestyle. This condo may also be used as a short term rental. Ready for immediate move in or capitalizing on the peak rental market. Don't miss out on this rare opportunity!

Key Features

  • Built in 2020
  • Waterfront

Property Details

1 story
1 full
#3
2020

Amenities

WaterfrontBasement

Monthly Cost Estimate

$2,562/mo

20% down · 6.5% · 30 years

Principal$346
Interest$2,076
Insurance$140

Estimates only. Actual payments may vary.

Location

1388 Gray Drive

Traverse City, MI 49684

Features & Amenities

Interior Features

Foyer EntrancePantryGranite Bath TopsGranite Kitchen TopsIsland KitchenGreat RoomDrywall

Exterior Features

Cement BoardOut Building

Property Details

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 1-bedroom, 1-bathroom condo at 1388 Gray Drive is listed at $479,000 ($562/sqft). The estimated monthly payment is $2,076 based on 20% down at 6.5% interest.

Key features include: Built in 2020, Waterfront. Interior Features: Foyer Entrance, Pantry, Granite Bath Tops. Exterior Features: Cement Board, Out Building.

This property is listed by Elizabeth Hunter and can be reached at 3139090659 or elizabethhunterhomes@gmail.com.

EH

Elizabeth Hunter

Agent at Five Star Real Estate - Front St TC

(313) 909-0659

Listed by Five Star Real Estate - Front St TC · View on Broker Site

MLS# 1943906· Source: listhub· Updated 1 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1388 Gray Drive, Traverse City, MI 49684

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