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1388 Gray Drive , #3

Traverse City, MI 49684
  • $479,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 1943906
$479,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 853
    SQFT
  • $562
    $/SQFT
Neighborhood:
Asylum Creek Condominiums
Type:
Condo
Built:
2020
County:
Grand Traverse
Area:
Grand Traverse

School Ratings & Info

School District:
Traverse City Area Public Schools
Visit GreatSchools.org

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!

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-15T23:51:53.873.
www.housestraversecity.com/homes/175308520
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1388 Gray Drive , #3 Traverse City, MI 49684

  • Price: $479,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: 1943906
1
Beds
1
Baths
0
½ Baths
N/A
Acres
853
SQFT
$562
$/SQFT
2020
Built
Neighborhood:
Asylum Creek Condominiums
County:
Grand Traverse
Area:
Grand Traverse
School District:
Traverse City Area Public Schools
Property 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!
Exterior Features

Carport YN No Construction Materials 2x6 FramingFrameCement Siding Entry Level 1 Entry Location No StepsFirst Floor Level Exterior Features Sprinkler SystemRain Gutters Foundation Details Poured ConcreteSlab Garage YN Yes Patio And Porch Features PatioCovered Pool Private YN No Roof Membrane Spa YN No View YN No Window Features Blinds

Interior Features

ABdrm 853 Above Grade Finished Area 853 Above Grade Finished Area Units Square Feet Accessibility Features Accessible Hallway(s)Covered EntranceLevered Door Knobs Appliances RefrigeratorOven/RangeDisposalDishwasherMicrowaveWasherDryerGas Water Heater Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Below Grade Un Fin Apx Sq Ft 0 Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring WoodCarpet Green Energy Efficient ThermostatWindows Heating Forced AirNatural Gas Heating YN Yes Interior Features Entrance FoyerPantryGranite Bath TopsGranite CountersKitchen IslandGreat RoomDrywallCable TVHigh Speed InternetDSLWiFi Laundry Features Main Level Levels One Main Level Bathrooms 1 Main Level Bedrooms 1 Num Baths Lower 0 Num Baths Upper 0 Room Kitchen Area 171.68 Room Kitchen Level Main Room Living Room Area 193.28 Room Living Room Level Main Room Master Bathroom Features Shared Room Master Bedroom Area 154 Room Master Bedroom Level Main

Property Features

Association Dues Monthly Association Fee 3900 Association Fee Frequency Annually Association Fee Includes WaterSewerTrashSnow RemovalMaintenance GroundsMaintenance StructureLiability InsuranceFire Insurance Attached Garage YN Yes Community Features Pets AllowedCommon AreaTrails Deeded Waterfront No ECOFeatures No Home Warranty YN No Horse YN No Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Listing Terms ConventionalCash1031 Exchange Lot Features WoodedLevelLandscaped Main Floor Primary Yes New Construction YN No Number Of Full Time Employees 15 Open Parking YN No Other Structures None Ownership Type Private Owner Parking Features ConcreteAttachedGarage Door OpenerPlumbingConcrete Floors Pets Allowed Yes Possession Close Of Escrow Property Attached YN Yes Property Sub Type Single Family Residence Road Responsibility Association Road Surface Type Asphalt Security Features Smoke Detector(s) Sewer Public Sewer Tax Assessed Value 254120 Tax Legal Description UNIT 3 LOFTS AT ASYLUM CREEK CONDO GT CO CONDO SUBD PLAN NO 463 REPLAT OF UNIT 7 WEST COMMONS GT CO CONDO SUBD PLAN NO 354 (FKA BLDG 57) SPLIT/COMBINED ON 10/13/2020 FROM 05-361-007-00; TO 05-463-001-00 THRU 05-463-012-0005-463-900-00 Water Source Public Waterfront Features Creek Waterfront YN No Zoning Description ResidentialMulti-FamilyDeed RestrictionsBuilding-Use Restrictions

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Five Star Real Estate - Front St TC: 231-778-1200.


The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-15T23:51:53.873.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684