230 Wellington Street $3,100,000

    Close

    230 Wellington Street Traverse City, MI 49686

    • 13 Beds
    • 13.5 Baths
    • 11,178 sq. ft.
    • Residential
    • MLS# 1872523
    Favorite Share
    Views: 366 Days On Site: 237

    Go Tour This Home

    Schedule A Showing

    Property Details

    The Wellington Inn is a 1905 neo-classical mansion located in Northern Michigan, in the historic heart of Traverse City. Built by one of Traverse City's lumber barons, this spectacular mansion has been fully restored to it's original grandeur and features period antiques throughout the nine guest rooms, dining room, library, living room and 3rd floor ballroom. The Carriage House features two, 2 bedroom apartments and a large, underutilized event space or storage area. The Carriage House units can be rented short term or the building has potential to be converted to condominiums (per Traverse City) that can be sold individually. It has a total of 1986 sq' and the main house has a total of 9192 sq', with a combined total of 11,178 sq', which equals $277.34 per sq' including furnishings. The structure has undergone a complete restoration. Every element has been rebuilt from the foundation up through the roof. This niche property is located in a neighborhood that is with-in two blocks to fine restaurants, shops, recreational trails and the spectacular beaches of Grand Traverse Bay. The property is currently offered furnished as an upscale, turn-key B&B with owner/operator quarters on the 1st floor of the main house, but could easily be converted back to a single family residence. The property includes a unique zoning exception granted to allow events with alcohol consumption. Don't miss this opportunity to be a part of Traverse City's vibrant future!

    • General Features
      • Year Remodeled 2002
      • Approx Year Built 1905
      • Type Residential
      • Type of Ownership Private Owner
      • Town 27
      • Township Traverse City
      • Mineral Rights Unknown
    • Building Features
      • Above Gr. FINISHED SF Apx 10128
      • Additional Buildings Guest House
      • Appliances Equipment Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Natural Gas Water Heater, Smoke Alarms(s)
      • Condo No
      • Exterior Finish Wood
      • Below Gr FINISHED SF Apx 1050
      • Below Gr UNFIN SF Apx 2106
      • Fireplaces And Stoves Fireplace(s)
      • Foundation Full, Daylight Windows, Finished Rooms, Entrance Inside
      • Garage Capacity 4
      • Heating Cooling Sources Natural Gas
      • Heating Cooling Types Forced Air, Hot Water, Central Air
      • INTERIOR FEATURES Jetted Tub,Cathedral Ceilings,Built-In Bookcase,Foyer Entrance,Walk-In Closet(s),Pantry,Solarium/Sun Room,Formal Dining Room,Great Room,Den/Study
      • Master Bath Private
      • # Baths: Lower 1
      • # Baths: Main 2
      • # Baths: Upper 12
      • Bedrooms 13
      • Full Bathrooms 12
      • Half Bathrooms 3
      • Three-Qtr Bathrooms 0
      • Primary Garage Detached, Finished Rooms, Paved Driveway
      • Roof Asphalt, Tile
      • Style Victorian, 2+ Story, Carriage
      • TV Service/Internet Available Cable Internet, Cable TV
      • Bathrooms 13.5
      • Total FINISHED SF Apx 11,178
    • Room Features
      • 1 18
      • 1 12
      • 2 Upper Floor
      • 3 Upper Floor
      • 4 Upper Floor
      • Dining Room Floor Covering Carpet
      • Dining Room Level Main Floor
      • Family Room Floor Covering Carpet
      • Family Room Level Main Floor
      • Kitchen Floor Covering Tile
      • Kitchen Length Apx 30
      • Kitchen Level Main Floor
      • Kitchen Width Apx 20
      • Laundry Level Lower Floor
      • Living Room Floor Covering Carpet
      • Living Room Length Apx 25
      • Living Room Level Main Floor
      • Living Room Width Apx 15
    • Property Features
      • Number of Acres 0.5
      • Water Municipal
      • Water Features None
      • Univs Design/Barrier Free None
      • Road Public Maintained
      • Sewer Municipal
      • Development Amenities None
      • Driveway Alley Access, Blacktop, Circular
      • Exterior Features Sprinkler System, Balcony, Sidewalk, Covered Porch, Landscaped, Porch, Gutters
      • Construction Frame
      • Lot Dimensions 165 x 132
      • Land Features Corner Lot, Level
    • Schools
      • School District Traverse City Area Public School

    Contact

    Bob  Brick

    Bob Brick

    Owner/Broker

    RE/MAX Bayshore

    Cell: 231-342-3232

    Neighborhood

    49686 (Traverse City) Demographics

    44 Median Age
    272 Population Density (per sq. mile)
    49% College Educated
    $58,389 Estimated Median Income
    9,960 Estimated Total Home Owners
    3,551 Estimated Total Renters
    74% / 26% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    32,747 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $337,125 Median Sales Price
    44 Homes Sold
    47 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,100,000
        3/3/2020 5:32:00 PM New in Database Source New Value: $3,100,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.