Open House Sat, Sep 26th 11:00 AM - 01:00 PM - Price Reduction
Address
723 Washington Street, Traverse City, MI
Price
$ 875,000
Property Attributes
  • MLS#80071686
  • TypeSingle Family
  • Listing Status Active
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaTraverse City
  • NeighborhoodHannah Lay 7th
  • Zip49686
  • StyleVictorian
  • Year Built1895
  • Price$ 875,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2270
  • Lot Size0.16 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Downtown, beaches, and parks, oh my!!! Taken to the studs and rebuilt, this is not a cosmetic flip; all work permitted and inspected. Roughly 85% of this classic Traverse City home was gutted between 2019 and 2022, then rebuilt with intention: all-new electrical (knob-and-tube fully removed), on-demand hot water, central air, and substantial new ductwork throughout. Hickory hardwood runs the open main level, where the kitchen anchors it all with high-gloss cabinetry, quartz counters, and a deep blue island seating six. A built-in microwave doubles as a convection oven, an iridescent tile rises to the hood, and floating oak shelves flank French doors to the deck. Custom built-ins separate the living and dining spaces, the latter under a beamed beadboard ceiling with a slider to the yard. An open-tread staircase with glass railings turns circulation into architecture, with a library nook tucked beneath. Every bedroom has its own bath and walk-in closet (two had no closet at all before, one is not an en suite). A combined bath-and-laundry suite with built-in shelving now replaces what were once three cramped main-floor rooms. Upstairs, the original oak floors have been restored after decades of carpet and paint. The primary suite occupies what used to be the attic: a vaulted ceiling, a linear fireplace, and French doors to a private balcony. Its spa bath features chevron-laid stone tile, a freestanding soaking tub in a four-window bay, a frameless glass shower with a ceiling rain panel and dual wall heads, dual vanities with art-glass vessel sinks, a heated towel rack, a private water closet, and a custom walk-in closet. Outside: a fenced yard, a tiled sports court with a hoop (tiles are removable if not needed), and a multi-level deck built for entertaining or unwinding by the fire pit. Raised garden beds sit near a pond fed by a natural spring: new siding, a new front deck, and a new roof over the addition round things out. Walkable to downtown Traverse City. No

Price History
7/30/2026 Listed $897,000
9/16/2026 3$875,000

General Features

Heating Forced Air
Kitchen Level Main
Cooling Ceiling Fan(s),Central A/C,Exhaust Fan
Possession Negotiable (Possession)
Fireplaces Gas Fireplace
Garage Detached Garage,Gar Door Opener
Water Public Water
Appliances Dishwasher,Disposal,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Status Active
Full Baths 3
Bathrooms 3
Year Built 1895
Parking Garage
Subdivision Hannah Lay 7th
Style Victorian
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Section 3
Associated Document Count 3
Status Active
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Utilities Cable Available
Green Features Appliances
Manufactured Y/N No
ROOMS Entry,Pantry,Formal Dining Room
Structure Style 2 Story
Area Traverse City (28021)
Primary City Traverse City
Directions From Downtown Traverse City,head East onto Washington Street. The house is on your Left.
City Traverse City
School District Traverse City Area Public School
Originating MLS Aspire North REALTORS
Source MLS MI Real Source
Financial Terms Cash,Conventional,Exchange/Trade,VA
Legal Description E 44 FT OF LOT 10 BLOCK G HANNAH LAY & CO'S 7TH ADD
Branded Virtual Tour https://leelanau-life-llc.aryeo.com/videos/019fa40b-1083-70b7-a347-17bb06edd888
DOM 51
Postal Code 49686
Price Per Sq Ft Total AG 385.46
Internet Remarks Water and Electric are TC Light and Power; Gas is DTE; and Garbage pickup is American Waste. Showings will start on Monday,August 3. Open house Sunday,August 2,1:30 pm to 3:30 pm.
Public Remarks Downtown,beaches,and parks,oh my!!! Taken to the studs and rebuilt

Interior Features

Interior Amenities Walk-In Closet,Window Treatment(s)
Dining Room Level Main
Living Room Level Main
Basement Block,Partial
Bedroom 3 Level Main
Bedroom 1 Level Main
Bedroom 2 Level Upper
Laundry Room Level Main
Kitchen Length 14
Living Room Length 14
Bedroom 2 Width 13
Bedroom 3 Width 15
Dining Room Width 10
Bedroom 2 Length 14
Living Room Width 17
Bedroom 3 Length 14
Dining Room Length 11
Kitchen Width 14
Beds 3
Fireplace? Yes
Bedroom 1 Length 13
Bedroom 1 Width 18
Below Grade SqFt 1376
Above Grade SqFt 2270
Basement Y/N Yes
Bedroom 2 Floor Covering Wood
Bedroom 3 Floor Covering Wood
Kitchen Floor Covering Wood
Total SqFt Finished 2270

Exterior Features

Exterior Vinyl Siding,Wood
Exterior Amenities Exterior Balcony,Deck,Fenced Yard,Patio,Porch,Sidewalks
Lot Size Area 0.16
Lot Dimensions 156X47X109X49X46
OUT BUILDINGS Shed
Garage # of Car 2
Water Features None
FOUNDATION TYPE Partial Basement
SEWER/SEPTIC Community
Waterfront Y/N No
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49686

Price
AVG $490K
$880K
Year Built
AVG 1987
1895
Visits
AVG 14
13
Data Provided by Inside Real Estate®

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