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$4,249,500
Listing Price6beds
10.5baths
8,752sqft
22,041sqft lot
230 Wellington St, Traverse City, MI 49686
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Once in a lifetime chance acquire a legacy property and 5-star business! 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 as a turnkey bed and breakfast business 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 numerous period antiques and furnishings the most significant of which are detailed in the FFE list, to be attached to this listing as soon as it is completed. Also included in the sale are the web site, advertising materials, licenses and intellectual property. 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. This is an operating business- Please do not bother the workers or
Interior Details
8752
6
10.5
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
22041
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
7
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Wood Siding
N/A
Hip
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$11,272
$0
$0
--%
$1,392,000
2019
$11,272
$0
$0
--%
$1,385,300
2018
$11,030
$0
$0
--%
$1,305,200
2012
$-1
$0
$0
--%
$1,077,700
2012
$-1
$0
$0
--%
$768,300



