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$3,995,000
1083 Days On Site

230 Wellington
Traverse City City, MI 49686

For Sale|Business|Active
0
Beds
0
Total Baths
11,807
SqFt
$338
/SqFt
1905
Built
Subdivision:
OAK PARK
County:
GrandTraverse

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

230 Wellington230 Wellington230 Wellington230 Wellington
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A Once-in-a-Generation Opportunity to Own a Traverse City Landmark. Few properties hold such a prominent place in a community's history. Fewer still have been lovingly restored with the care, investment, and attention to detail found here. This magnificent Neo-Classical Revival estate is one of Traverse City's most recognizable historic properties. Originally built for the son of a prominent lumber baron, the property was painstakingly restored to its original grandeur by the current owners. Today, the property operates as a well-known inn featuring 9 guest rooms and 15 bathrooms. The carriage house includes two separate 2-bedroom apartments, each with a kitchen and in-unit washer and dryer. Below the carriage house, the original stables remain largely unused, creating opportunities for event space, additional guest suites, or other creative uses. Including the unfinished basement and lower level of the carriage house, the property encompasses an impressive 15,918 square feet. The sale includes an extensive collection of period antiques and furnishings, along with the website, marketing materials, licenses, and associated intellectual property. A detailed FF&E inventory will be provided during due diligence. The estate itself is conservatively assessed at approximately $3.2 million, making this a rare opportunity to acquire a landmark property, a recognized hospitality business, and an extraordinary collection of antiques and furnishings in a single offering. Words and photographs cannot capture the craftsmanship, architectural details, and sense of place found throughout the estate. Plan to spend at least an hour touring the propertyâ€"you'll want the time to appreciate everything it has to offer. Please do not approach staff or guests. All inquiries should be directed to the listing broker.

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Listing Snapshot
Price 
$3,995,000
Days On Site 
1083 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,807 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.51 Acres
Year Built 
1905
MLS® Number 
78080007999
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
5 days agoPrice changed to $3,995,000
4 months agoStatus changed to Active
3 years agoListing first seen on site
General Features
Acres 
0.51
Building Features 
BathFixturesOutbuildingsSprinklers
Disclosures 
Inventory Included
Parking 
Parking LotOther
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11807
Utilities 
Natural Gas Connected
Water Source 
Public
Zoning 
Residential
Interior Features
Cooling 
Central Air
Heating 
Forced AirHot WaterNatural Gas
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Exterior Features
Construction Details 
FrameWood Siding
Other Structures 
Outbuilding
Roof 
AsphaltTile
Community Features
Financing Terms Available 
Cash1031 ExchangeTrade
MLS Area 
Area28042TraverseCity
School District 
TraverseCity
Schools
School District
TraverseCity
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Cygnus Real Estate: (231) 633-2577



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IDX information is provided exclusively for 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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