How would you describe the perfect TC home?

Someone recently asked me - "How would you describe the perfect Traverse City Home?" 

My response was lengthy.  

To me, the perfect TC house has great historical character with modern updates, is walking distance to downtown on a lot with great privacy, has adequate living/sleeping space, storage space, and entertaining space, and has water frontage and views.  This is a very specific description, and to find waterfront in downtown Traverse City while being walking distance to downtown is extremely difficult outside of condo living.  

406 Fifth Street has it all!  It is unbelievable to me how unique and, in many ways perfect, this house is for the downtown Traverse City home buyer.  As much as I am proud of my listing presentation of pictures and descriptions, this property is one that needs to be seen in person to truly understand and appreciate.  

The lot, for its location, is HUGE.  The home is constructed on the West edge of the property, so the lot feels even bigger because of that.  Beautiful tiered landscaping and old growth trees canopy the borders of the property, giving a great sense of privacy without seeing the surrounding houses and buildings.  Plus, this lot can be split!

Is it priced right?  The sellers recently dropped the price from $799k to $749k, and they've also rented the carriage house - yes, it has a carriage house!  

This fully independent living space with kitchen, full bathroom, and loft space is one of only 10 approved ADU's in downtown TC!  Its a lovely space with its own outdoor patio and windows throughout overlooking Kids Creek, which winds its way through the backyard.  The carriage house rents for $1,000 per month!  

Priced at $749K - apply the rental income applied to a mortgage payment, and this would make the payment equal to that of a house in the $5-600K range.  Plus, the lot can be split, and has an estimated value of $100-$150K.  

To me, this is the perfect TC home.  Now, I ask you - what's your idea of the perfect downtown Traverse City home?

Click for more info about 406 Fifth Street, Traverse City.