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1388 Gray Drive

Traverse City, Michigan 49684
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Bed 1

Bed

Bath 1

Bath

SqFt853

Sqft

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 at tached 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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Detail Ic Property Details

Property Type : Condominium

Price : $479,000

AD Id : 77557931

MLS Id : 78080067031

Beds : 1

Living Area Size : 853

Year Built : 2020

Garage : 1 Car

County : Grand Traverse

Subdivision: The Townes At Liberty Park Condo

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Room Information

    Total Rooms: 6 Porches: Patio,Porch

    Interior Features

    Other Appliances: Dishwasher,Disposal,Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer
  • Heating & Cooling

    Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 2020 Building Stories: 1 Story Foundation/Basement: Slab Architecture: Ranch
  • Exterior Features

    Construction: Block
  • Utility Features

    Sewer: Shared Septic (Common)
  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Lot Information

    Lot Features: Wooded,Sprinkler(s) Waterfront Description: Creek
  • Property Information

    SQ ft: 853 Subdivision: Asylum Creek Condominiums Financing: Cash,Conventional,Trade/Exchange

  • Listing Price Information

    Original List Price: $479,000
  • Listing Information

    Possession: At Close 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 05-463-012-00, 05-463-900-00

  • Tax Information

    Parcel Number: 280546300300

    Terms/Deposits/Fees

    Assoc Fee Freq: $Monthly
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: 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 05-463-012-00, 05-463-900-00

  • School Information

    School District: Traverse City
  • Utility Information

    Water: Public (Municipal) Sewer: Shared Septic (Common)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
859 Carson Street , Traverse City, MI, 49684 $469,900 3 3 1,350 1,350 SqFt
100 Hope Street , Traverse City, MI, 49684 $545,000 2 2.5 1,180 1,180 SqFt
621 Riverine Drive , Traverse City, MI, 49684 $399,000 2 2 950 950 SqFt
545 Riverine Drive , Traverse City, MI, 49684 $315,000 2 2 950 950 SqFt
525 Riverine Drive , Traverse City, MI, 49684 $329,900 1 1 694 694 SqFt
113 Park Street , Traverse City, MI, 49684 $824,000 2 2 1,422 1,422 SqFt
100 N Park , Traverse City, MI, 49684 $2,950,000 2 2.5 1,941 1,941 SqFt
206 Midtown Drive , Traverse City, MI, 49684 $449,000 2 1.5 1,182 1,182 SqFt
204 Midtown Drive , Traverse City, MI, 49684 $429,900 2 1.5 1,182 1,182 SqFt
215 Washington Street , Traverse City, MI, 49684 $859,000 2 2 1,425 1,425 SqFt
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/16/2026 @ 09:01

MLS: 78080067031 LISTED BY: Elizabeth Hunter , Five Star Real Estate - Front St TC 231-778-1200 SOURCE: Realcomp II Ltd

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