Sold for $520,000 Sold

1388 Gray Drive
Traverse City, MI 49684

2 beds, 2 baths | Condo/Townhouse
1,098 sq ft - MLS# 80050624
Property Photo

Sold

Sold for $520,000 on Jun 17, 2025

Description

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 beyondâ”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!

Features

  • Property Type: Condo/Townhouse
  • Sub Type: Condominium
  • Listing Status: Sold
  • Listing Price: $550,000
  • County/Area: Grand Traverse County
  • Zip Code: 49684
  • Year Built: 2020
  • Subdivision/Neighborhood: The Lofts At Asylum Creek
  • School District: Traverse City
  • Sq.Ft.: 1,098 sq ft
  • Bedrooms: 2
  • Full Baths: 2
  • Baths: 2
  • Association: Yes
  • Basement Type: No
  • Bedroom 2: 17 x 13, Level-Main
  • Building Area Total: 1098
  • Construction Status: Under Construction
  • Heating: Yes
  • Kitchen: 13 x 9, Level-Main
  • Main Level Primary: Yes
  • Main Type: Residential
  • Primary Bedroom: 10 x 12, Level-Main
  • SEV: 266000
  • Tax Legal Description: UNIT 10 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
  • Total Beds Above Grade: 2
  • Township: Garfield Twp
Courtesy of Jules B Yates, REMAX Bayshore - Union St TC
Source: Michigan Regional Information Center, LLC. (MichRIC)
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