Welcome to this stunning modern condo located on Gray Drive, nestled within the historic Commons of Traverse City! This sleek 2-bedroom, 2-bath home boasts a contemporary design with luxury finishes, including elegant quartz countertops in the kitchen. Imagine enjoying your morning coffee on a beautiful deck overlooking a lush green forest with the soothing sounds of a babbling brook just beyond—easily heard from both the kitchen and living room. This unit also has an excellent rental history, making it a great investment opportunity. Living here offers a vibrant lifestyle with walkable access to local favorites like Left Foot Charlie, Spanglish, and Earth & Ales. Whether you're in the mood for dining, drinks, or wellness, you're steps away from Pure Pilates and miles of scenic hiking trails to explore. A truly unique opportunity to live amidst the charm and convenience of The Commons!
Pending
Price increase: $1K (5/28)
$550,000
1388 Gray Dr UNIT 10, Traverse City, MI 49684
2beds
1,098sqft
Est.:
Condominium, Single Family Residence
Built in 2020
-- sqft lot
$523,500 Zestimate®
$501/sqft
$324/mo HOA
What's special
- 307 days
- on Zillow |
- 30 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 07:38am
Listed by:
Jules Yates 231-642-9888,
REMAX Bayshore - Union St TC 231-941-4500
Source: NGLRMLS,MLS#: 1927142
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 119.6
- Dimensions: 10.4 x 11.5
Bedroom 2
- Level: Main
- Area: 212.5
- Dimensions: 17 x 12.5
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Width: 17.6
Kitchen
- Level: Main
- Area: 124.08
- Dimensions: 13.2 x 9.4
Living room
- Level: Main
- Length: 16.9
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Microwave, Washer, Dryer, Electric Water Heater
- Laundry: Main Level
Features
- Other, Granite Bath Tops, Granite Counters, Kitchen Island, Cable TV, High Speed Internet
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,098 sqft
- Finished area above ground: 1,098
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None, Concrete
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Stairway (Indoor),Second Floor Level
- Exterior features: Sprinkler System, Balcony, Rain Gutters
- Waterfront features: Creek, Vegetation to Water Edge
Lot
- Features: Level
Details
- Additional structures: None
- Parcel number: 05-463-010-00
- Zoning description: Residential,Multi-Family,Other,Deed Restrictions,Building-Use Restrictions
Construction
Type & style
- Home type: Condo
- Architectural style: Other,Contemporary
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- 2x6 Framing, Frame, Cement Siding
- Foundation: Poured Concrete, Slab
- Roof: Membrane
Condition
- Under Construction
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pets Allowed, Common Area
- Security: Smoke Detector(s)
- Subdivision: The Lofts at Asylum Creek
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire Insurance
- HOA fee: $3,888 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $501/sqft
- Tax assessed value: $532,000
- Annual tax amount: $11,371
- Price range: $550K - $550K
- Date on market: 9/14/2024
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
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