Paula Arndt

3515 Jefferson Avenue

Traverse City, MI
$ 3,000,000 Beds 5 Baths 4 Sq 5,724 Virtual Tour
Monthly Estimate* How much can I afford?

Set high atop Jefferson Hill with commanding, panoramic views of Grand Traverse Bay, Hillcrest is among the most iconic and storied residences in Northern Michigan. Prominently positioned in Traverse City’s historic Slabtown neighborhood, this extraordinary estate has long been admired for its striking presence and enduring place in the community’s landscape. Originally constructed in 1880 for prominent attorney Edwin S. Pratt, the home is a remarkable example of 19th-century craftsmanship, thoughtfully preserved and updated for modern living. Encompassing approximately 5,700 square feet, the residence offers 6 bedrooms, 4 baths, including an apartment with its own private entrance - perfect for guests, extended family, or income potential. Inside, the home reveals an elegant balance of historic character and livability. Expansive, sun-drenched rooms are complemented by soaring ceilings, rich woodwork, and original architectural details that reflect a bygone era of quality and design. Generous living and entertaining spaces provide both warmth and grandeur, while large windows frame stunning views of the bay and surrounding landscape. Set on more than 10 acres along Jefferson Avenue, the grounds are as captivating as the residence itself. The elevated setting offers unmatched privacy and a peaceful sense of retreat, just minutes from downtown Traverse City. A private pond, Kid’s Creek, and mature trees create a serene, park-like environment. Additional features include a three-car garage and a substantial pole barn. The expansive acreage offers both privacy and flexibility, with the option to maintain the full estate or consider future division. Hillcrest is more than a home - it is a legacy property. Rarely does an opportunity arise to own a property of such significance, scale, and setting. This is a once-in-a-generation offering.

Active

  • Price
  • $ 3,000,000
  • City
  • Traverse City
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • GRAND TRAVERSE
  • Half Bathrooms
  • 0
  • Area
  • Grand Traverse
  • Lot Size
  • 10.74 Acres
  • Zip
  • 49684
  • Sqr Footage
  • 5,724
  • Year Built
  • 1879
  • Style
  • Victorian
  • MLS#
  • 1944602
Listed By: Jennifer Gaston at REMAX Bayshore - Union St TC - 231-941-4500
Data Source: Northern Great Lakes REALTORS® MLS (NGLRMLS)

Features

General

Sewer Public Sewer
Heating Hot Water,Baseboard,Fireplace(s),Natural Gas
Cooling Window A/C Unit(s)
Possession Negotiable
Roof Metal
Appliances Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Washer,Dryer,Freezer,Oven,Exhaust Fan,Gas Water Heater
Garage Spaces 5
Association Fee Includes None
Patio/Porch Features Deck,Multi-Level Decking,Patio,Covered,Porch
Architectural Style Victorian
Security Features Smoke Detector(s)
Construction Materials Frame,Stone,Wood Siding
Pets Allowed false
Year Built 1879
View Bay
Stories Count 2
Township Garfield
Levels 2+ Story
Property Subtype Single Family Residence
Waterfront Features Creek,Pond
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Metes & Bounds
Garage Y/N Yes
Other Structures Pole Building(s)
Full Baths 2
Status Active
Directions Jefferson Ave to top of hill on left.
High School Traverse City West Senior High School
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential,Multi-Family,Commercial,Outbuildings Allowed
Lot Size Units Acres
Lot Size Square Feet 467834.4
Carport Y/N No
Elementary School Willow Hill Elementary School
Home Warranty Y/N No
Middle/Junior High School Traverse City West Middle School
Lease Renewal Y/N No
Lease Considered Y/N No
Virtual Tour https://knightwingmedia.aryeo.com/videos/019e22c5-9bdd-708a-b8b9-a90cec7f6c46?v=147
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 246307
Virtual Tour https://knightwingmedia.aryeo.com/videos/019e26e7-42bc-727d-aadd-fc0415199aab?v=250
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOT 1 SUPERVISOR'S PLAT EXC PLAT OF HILLCREST WITHIN TRAVERSE CITY LIMITS & EXC RD ROW
Year Built Effective 2001
Freehold VOW,BBO,IDX

Interior Features

Interior Amenities Bookcases,Entrance Foyer,Walk-In Closet(s),Pantry,Breakfast Nook,Granite Counters,Solid Surface Counters,Mud Room,Formal Dining Room,Great Room,Den/Study,Workshop,Ceiling Fan(s),Cable TV,High Speed I
Basement Full,Daylight
Flooring Wood,Tile,Carpet
Fireplace Features Gas
Kitchen Level Main
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Bay Window(s),Blinds,Drapes,Curtain Rods
Fireplace Y/N Yes
Above Grade Finished Area 5724
3/4 Baths 2
Laundry Features Main Level
Total Bedrooms 5
Living Room Level Main
Main Level Bedrooms 1
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
Primary Bathroom Features Private
Kitchen Area 251.728999999
Kitchen Length 18.11
Kitchen Width 13.9
Primary on Main 196
Second Bedroom Length 14
Second Bedroom Width 14
Bedroom 3 Area 218.79
Bedroom 3 Length 15.3
Bedroom 3 Width 14.3
Bedroom 4 Area 211.95
Bedroom 4 Length 13.5
Bedroom 4 Width 15.7
Dining Room Area 9.4
Dining Room Width 15.11
Family Room Area 381.81
Family Room Length 26.7
Living Room Area 192.549
Living Room Length 12.11
Living Room Width 15.9
Primary Bedroom Area 315.15
Primary Bedroom Length 19.1
Primary Bedroom Width 16.5
Family Room Width 14.3
Family Room Level Main
Dining Room Level Main
Dining Room Area 142.034
Bedroom 4 Level Upper
Bedroom 3 Level Upper
Second Bedroom Level Upper

Exterior Features

Exterior Amenities Sprinkler System,Sidewalk,Rain Gutters
Parking Features Asphalt,Concrete,Gravel,Detached,Garage Door Opener,Paved,Concrete Floors
Lot Features Wooded,Rolling Slope,Landscaped
Water Source Public
Lot Size Area 10.74
Number of Buildings 2
Spa No
Lot Dimensions 763 x 594 x 916 x 482
Lot Size Acres 10.74
Road Surface Type Asphalt
Waterfront Y/N No
Road Responsibility Public Maintained Road
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Mount Pleasant, MI office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Willow Hill Elementary School
Middle School Traverse City West Middle School
High School Traverse City West Senior High School

Price History

5/3/2026 Listed $3,850,000
7/16/2026 23% - $3,000,000

Property vs Zip Code Average in 49684

Price
AVG $870K
$3M
Year Built
AVG 1978
1879
Visits
AVG 27
75
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

3515 Jefferson Avenue Traverse City, MI is a Single Family Home for sale at $3000000 with 5724 sqft and a lot size of 10.74 Acres Acre(s). 3515 Jefferson Avenue Traverse City has 5 bedrooms, 4 baths and was built in 1879. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Paula Arndt

Paula Arndt

Broker/Owner

989-560-3000

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