Once in a lifetime chance acquire a legacy property! This stately neo-classic revival property is looking for its next steward. The property is a piece of Traverse City's history, once owned by the son of a lumber baron, it fell into disrepair after the the lumber baron's family sold the property and left town. It was lovingly restored to its original grandeur by the current owners. The restoration process, which occurred from 1999 to 2003, took the full 4 years and multiple millions of dollars. It is being offered both as a turnkey bed and breakfast business and/or a single family property which boasts 9 bedrooms and 15 bathrooms plus a carriage house with two 2-bedroom apartments, each with a kitchen and washer/dryer. The original stables below are currently not utilized but could be converted to event space or more units. The total square footage of the house and carriage house including the unfinished portion of the basement and the lower level of the carriage house is: 15,918 square feet! Included in the sale are all furnishings, including numerous period antiques the most significant of which are detailed in the FFE list, available upon request. Words cannot do the property justice- it needs to be seen to be fully appreciated and allow at least an hour to fully take in all the details. Located just blocks from all that Traverse City has to offer and the Traverse City beach on West Bay this is a killer opportunity!
Listed By
Agency Name: Cygnus Real Estate
Agency Phone: 231-994-3225
Shown By
Agent Name: Robert L. Embree Jr.
Agent Phone: Cell: (313) 236-0984
Agency Title: Key Realty
Estimated Payment
$ 23,512.10 per month $22,346.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,165.21 Homeowner's Insurance
230 Wellington | MLS# 1946087
This condo located at 230 Wellington, Traverse City, MI 49686 is currently listed for sale with an asking price of $3,995,000. This property was built in 1905 and has 13 bedrooms with 11807 sq. ft. Wellington is located in the MI subdivision within the Traverse City Area Public School school district. Search MI real estate on robertembree.ikeyrealty.com today.