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Neighborhood Overview
The property is situated in the desirable Slabtown neighborhood of Traverse City, offering easy access to popular destinations. It is located just half a mile from Slabtown Beach on West Bay and three-quarters of a mile from the vibrant downtown area, providing residents with ample opportunities for recreation, dining, and entertainment.
The neighborhood is known for its charming, historic character and its proximity to various community amenities, such as Willow Hill Elementary School and Munson Medical Center. Residents can enjoy the scenic natural surroundings and the convenience of being close to the city's central business district.
Property Features
This single-family home boasts a range of desirable features, including a mix of wood, vinyl, and carpet flooring, as well as central air conditioning and natural gas heating. The property offers a total of 900 square feet of living space, providing ample room for comfortable living.
The home's exterior is characterized by a ranch-style design and vinyl siding, complementing the surrounding neighborhood. The 0.22-acre lot provides a generous amount of outdoor space, offering potential for additional development or customization to suit the new owner's preferences.
Market Analysis
The property at 1101 Jefferson Avenue has been on the market for 56 days as of the last update on December 12, 2025. The original list price was set at $575,000, which translates to $639 per square foot. The current list price is $545,000, a 5.2173913043478% reduction from the initial offering.
This adjustment in pricing suggests that the property may have encountered some challenges in attracting potential buyers, and the sellers are now seeking to make the property more attractive in the current market conditions. Prospective buyers may find this as an opportunity to negotiate a favorable deal for this well-located property.
Buying Considerations
Potential buyers interested in this property should consider the strong location and the property's unique features as key factors in their decision-making process. The home's proximity to Slabtown Beach, downtown Traverse City, and various community amenities makes it an appealing option for those seeking a prime location with easy access to recreational and cultural activities.
Additionally, the property's ample lot size and the potential for customization or expansion may be attractive to buyers who are looking to create their dream home in a desirable neighborhood. Buyers should thoroughly review the property's details, including the financial information and the school district, to ensure it aligns with their long-term needs and investment goals.
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