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$689,900

Beds
3
Baths
3.5
sq ft
2,260

1641 US-31 N, Traverse City, MI 49686

1641 US-31 N

East Bay Twp, MI 49686

  • 64 days on market
    • Price drop $60,100↓
Luxurious and spacious 2-Story Townhouse located on East Bay! "Miracle Mile" sugar sand beach is merely steps away from this 3-4 Bedroom, 3.5 Bath Turnkey Condominium at the Grand Beach Resort. Dramatic 2-story Great Room has floor-to-ceiling Gas fireplace and open loft. Open concept floor plan has a light and airy flow. Central Gourmet Kitchen with Granite Countertops and upscale appliances, Sub-Zero Frig and Bosch Dishwasher. Convenient main floor laundry and powder room. Large dining room area with room for up to 10 guests plus additional seating at the breakfast bar. Main floor Primary Bedroom Suite has walk-in closet, dual sinks and walk-in tiled shower. All baths have in-floor radiant heat with tiled floors. All newer mechanical systems in 2021 including a new furnace, hot water heater and Central A/C. Private patio with storage shed and gas grill. 1-car detached garage with built-in storage locker and ample guest parking on site. Access to all resort amenities including swimming pool, hot tub and fitness room. Beach and dock is shared by only 8 units with boating privileges available. These units rarely become available and are a solid investment with good rental income potential. There is high demand from the on-site weekly rental management program for 50% fee, especially during the Summer months, Cherry Festival and Horse Shows By the Bay. Incredible opportunity to enjoy a vacation Condo in Traverse City and create passive income to offset operating expenses such as property taxes and HOA dues.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$306

Year built

2004

Monthly HOA fee

$786.67

Price History

06/20/2024
Realcomp

Realcomp #78080017048

Price change
$689,900
-8.01%
05/01/2024
Realcomp

Realcomp #78080017048

Listed
$750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Traverse City

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Status: Active

Tomo last checked: 07/04/2024 at 10:50 PM

Listing updated: 06/23/2024 at 6:53 AM

Listed by: Michael S Mitchell, Phone #: (231) 946-4040

MLS: Realcomp #78080017048

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