Overview

Virtual Tour
About Slab Town/Incochee

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3 BDRM
2.5 BTH
2,337 SQ.FT
0′ WF

308 N Elmwood Avenue Traverse City MI 49684

$748,500

Status: Sold Co-op Member

Description

Live in the middle of everything Traverse City has to offer! No traffic or parking problems with this house because you can leave your car in the garage and walk or bike to West Bay beaches, Hickory Meadows, Munson Hospital campus, The Commons, Botanic Gardens, downtown TC and more. Fine dining, brew pubs, pizza, burgers and ice cream are also close by. This newer, well-maintained home sits on a generously sized lot with lush lawn and beautiful perennial flower beds. The main floor has many large windows and an open plan layout. The professionally designed kitchen includes cherry cabinets, granite countertops, stainless appliances, two ovens and a wet bar with beverage cooler. The living room spans from front to back with hickory flooring and n/g fireplace insert. On this floor you’ll also appreciate the den/office, half bath, laundry room and dining room leading to the maintenance free deck with striking pergola and outside living areas with paver fireplace. Or sit on the front covered porch to simply enjoy this lovely neighborhood. The upper level affords plenty of privacy with three bedrooms and two baths. The spacious primary suite includes a large bath with two sinks, separate tub and shower, and plenty of storage. Also, of note there is the hickory flooring and walk-in closet. The basement is unfinished cement block affording an abundance of storage and workspace. An attached two car garage completes this Slabtown gem!

MLS #	1912203
Sale Price	775000.00
Close Date	Jun. 30, 2023
Status	Sold Co-op Member
County	Grand Traverse
Township	Traverse City
City	Traverse City
Subdivision	Hannah Lay Co's 3rd Add
School District	Traverse City Area Public Schools
Type	Single Family Residence
Lot Size	0.25
Bath	2.5
Basement	Full, Crawl Space, Unfinished
Garage/Parking	Asphalt, Alley Access, Private, Attached, Garage Door Opener, Finished Rooms, Concrete Floors
Outbuildings	None
Lot Description	Level, Landscaped, Subdivided
Min. Rights	No

Appliance	Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Oven
Interior Features	Entrance Foyer, Walk-In Closet(s), Pantry, Granite Counters, Kitchen Island, Mud Room, Den/Study, Cable TV, High Speed Internet
Exterior Features	Sprinkler System, Sidewalk
Construction	Frame, Vinyl Siding
Roof	Asphalt
Heat/Cool Type	Forced Air, Fireplace(s), Natural Gas, Central Air
Water	Public
Waste	Public Sewer
Dimensions	77x146
Section #	4
Zoning	Residential
Road	Asphalt
Financing	Conventional, Cash
Buyer's Agent Comp	2.5

Directions

Take West Front Street turn onto N Elmwood Avenue.

Disclaimer

Copyright © 2024 Northern Great Lakes Realtors (NGLR) Listing provided by Northern Great Lakes Realtors (NGLR). The information in this listing was gathered from third-party sources including the seller. Home Waters LLC its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Property Listed By

Reo-tcrandolph-233022. 521 Randolph St Traverse City MI 49684

About Slab Town/Incochee

History

Lumber was king in Traverse City and throughout most of the northern Great Lakes from the late 1800's through the early 1900's. More money and more millionaires were created during Michigan's lumber boom than during the entire California gold rush. Grand Traverse Bay, at the time, had a number of very large sawmills that shaped the lumber into useable boards for the building of cities like Chicago and Detroit. The first cuts of these logs, or "slabs" were used by locals in the area close to the mills to build their homes at very little cost. Years later those slab homes are gone but the name remains.

Incochee is a newer development of exclusive homes, most of which feature spectacular views over Grand Traverse Bay and the city. We paired this development with slabtown for the purpose of our search because the homes here share the same fantastic access to Grand Traverse Bay nearby and a short stroll into Traverse City's downtown district.

Geography

The slabtown neighborhood extends from Grand Traverse Bay on the north to Division Street (US 31) on the East with Front Street making up the southern boundary. Incochee is a bit farther to the west and can be accessed off of M-72 at it's northern entrance or via a gated entry at it's east end off of Ramsdell Road.

Features

The proximity to the shoreline of Grand Traverse Bay and the fact that Slabtown and Incochee are just a bit out of the main traffic cycles of downtown make both very sought after neighborhoods. Slabtown is a neighborhood in transition with many older homes being renovated or removed in order to be replaced by more substantial, modern homes. Most newcomers are going to great lengths to ensure the historic feel of the neighborhood is embraced even with new construction. Ashton, Darrow and Veteran's Park all offer terrific space to relax and play as well as being home to Traverse City's only off-leash dog park. Famous institutions like Sledder's Family Tavern and The Dairy Lodge fall within Slabtown's boundaries. Hickory Hills Ski Area is another wonderful amenity along the west end of Slabtown that is actually owned and operated by The City of Traverse City.

Stats for Slab Town

Year	Units Sold	Sales Volume	Avg. Price	High Sale	Low Sale
2012	15	$3,946,500	$263,100	$433,900	$135,700
2013	15	$3,034,400	$202,293	$330,000	$90,000
2014	16	$4,173,280	$260,830	$469,000	$101,000
2015	19	$6,682,525	$351,711	$650,000	$169,125
2016	15	$4,618,400	$312,093	$590,000	$170,000
2017	21	$7,559,000	$359,952	$757,500	$187,000
2018	19	$6,790,400	$357,389	$600,000	$215,500
2019	24	$9,374,390	$390,616	$730,000	$230,000

Stats for Incochee

Year	Units Sold	Sales Volume	Avg. Price	High Sale	Low Sale
2012	5	$3,015,800	$603,160	$900,000	$409,800
2013	4	$1,817,600	$454,400	$605,000	$255,000
2014	4	$2,467,500	$616,875	$712,000	$429,000
2015	5	$2,671,000	$534,200	$629,000	$327,500
2016	5	$3,234,500	$646,900	$917,000	$465,000
2017	1	$917,000	$917,000	$917,000	$917,000
2018	0	0	0	0	0
2019	3	$2,023,999	$674,666	$809,999	$435,000

*Statistics according to Northern Great Lakes REALTORS MLS

Agent Photo

Contact Mandy Brown today!

(231) 499-8425mandy@homewaters.net