Unit 3/1388 Gray Drive

Traverse City MI 49684

853 sq. ft.

Condo

Last sold for $469,000

Elizabeth Hunter, last sold this property on 22 July 2026 after 95 days on market.

Overview

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!

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

853 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Traverse City over the last 12 months, the estimated median property value of Unit 3/1388 Gray Drive is $309k.

Median value

$309k

Estimated value range

$155k - $469k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Traverse City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Unit 3/1388 Gray Drive

2026

Sold

$469,000

22 Jul 2026 by Elizabeth Hunter, of Five Star Real Estate - Front St TC

2021

Sold

Undisclosed

15 Oct 2021 by Marsha Minervini, of Re/Max Bayshore Properties

Happy sellers in Traverse City

We have insufficient information to provide an overview of customer satisfaction for Traverse City. Viewing the agent profiles, reviews and sales for Traverse City can provide insights for this location.