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311 E 8th St, Traverse City, MI, 49684

4beds
4baths
3,675sqft
$1,590,000
$433price/sqft
$9,994/moest. monthly cost
$399,760/yrincome needed

About This Home

Originally built as the developer's personal residence, this extraordinary four-story Midtown condominium was completely renovated in 2020 and offers a level of quality and craftsmanship rarely found in downtown Traverse City. A private elevator provides effortless access to every floor; a top floor crow's nest with panoramic views is accessed by a stowable ladder system. Enjoy a spacious deck overlooking the Boardman River, an attached garage, and beautifully appointed living spaces; all within walking distance of downtown restaurants, shopping, beaches, and the TART Trail. A rare opportunity to own one of Traverse City's most distinctive luxury residences.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
89
BikeVery Bikeable

Schools

8/10
Central Grade SchoolGrades PK-70.5 mi
7/10
Central High SchoolGrades 8-121.5 mi
7/10
East Middle SchoolGrades 6-84.6 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Poured Concrete
  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding,Stone

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Dishwasher,Microwave,Washer,Dryer,Freezer,Cooktop,Exhaust Fan
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Finished Rooms,Finished

Bedroom2

  • Level: Main
  • Area: 187.364

Bedroom3

  • Level: Main
  • Area: 123.2

Bedroom4

  • Level: Lower
  • Area: 212.91

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Upper
  • Area: 214.84

Family Room

  • Level: Lower
  • Area: 179.07

Features

  • Bookcases,Entrance Foyer,Walk-In Closet(s),Wet Bar,Pantry,Loft,Granite Counters,Den/Study,Central Vacuum,Ceiling Fan(s),Cable TV,High Speed Internet,WiFi
  • Window features: Blinds,Drapes
  • Flooring: Wood,Tile,Carpet
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 966
  • Finished area above ground: 2,709

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,675
  • Total interior livable area: 3,675 sqft

Kitchen

  • Level: Upper
  • Area: 237.35

Living Room

  • Level: Main
  • Area: 412.41

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Upper
  • Area: 304

Property

Accessibility

  • Accessibility features: Covered Entrance,Accessible Elevator Installed

Details

  • Parcel number: 285176705203
  • Attached to another structure: Yes
  • Zoning description: Residential,Rental History

Features

  • Levels: 2+ Story
  • Stories: 2
  • Entry location: Elevator,Limited Steps,Other
  • Patio & porch: Deck,Covered,Porch
  • Exterior features: Sidewalk
  • On waterfront: Yes
  • Waterfront features: River
  • Waterbody name: Boardman River
  • Frontage length: 1100

Lot

  • Features: Other,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Attached,Assigned,Garage Door Opener,Paved,Concrete Floors,Asphalt,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,039$96,468
Home Insurance *$442$5,304
Property Taxes $1,113$13,356
Electricity $400$4,810
Total$9,994$119,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$342,651/yr
40% on housing$299,820/yr
45% on housing$266,506/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$433This listing

vs Other Active Listings

Avg $/sqft

ZIP 49684$344
Grand Traverse County$304

vs Homes Sold Last Month

Median $/sqft

ZIP 49684$285
Grand Traverse County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Listed for sale$1,590,000
2019-05-20Sold$875,000
2018-10-04Listing removed$950,000
2018-09-17Listed for sale$950,000

For Sale by Agent

AgentMatt Hodges
BrokerageKultura Real Estate

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