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About This Home

This 12-bedroom, 14-bathroom single family at 230 Wellington in Traverse City, MI is listed for $3,995,000 ($338 per sqft). Built in 1905, the home offers 11,807 sqft of living space on a 0.50 acres lot.

Agent Description

Once in a lifetime chance acquire a legacy property! 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 both as a turnkey bed and breakfast business and/or a single family property 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 all furnishings, including numerous period antiques the most significant of which are detailed in the FFE list, available upon request. 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. Located just blocks from all that Traverse City has to offer and the Traverse City beach on West Bay this is a killer opportunity!

Key Features

  • Built in 1905
  • 0.50 acre lot
  • Waterfront

Property Details

13 full, 1 half
1905

Amenities

WaterfrontBasement

Monthly Cost Estimate

$21,366/mo

20% down · 6.5% · 30 years

Principal$2,889
Interest$17,312
Insurance$1,165

Estimates only. Actual payments may vary.

Location

230 Wellington

Traverse City, MI 49686

Features & Amenities

Interior Features

Intercom/RadioBuilt-in BookcaseBay Window(s)Foyer EntranceWalk-in Closet(s)PantryOtherSolid Surface CountersFormal Dining RoomGreat RoomDen/StudyExercise RoomGame RoomIntercomDrywall

Exterior Features

WoodOut Building

Property Details

Parking

DrivewayOtherPaved or Surfaced

Heating

Forced AirHot Water (Heating)

Cooling

Central Air

Appliances

DryerFreezerGarbage DisposerMicrowaveRangeRefrigerator

Questions & Answers

This 12-bedroom, 14-bathroom single family at 230 Wellington is listed at $3,995,000 ($338/sqft). The estimated monthly payment is $17,312 based on 20% down at 6.5% interest.

Key features include: Built in 1905, 0.50 acre lot, Waterfront. Interior Features: Intercom/Radio, Built-in Bookcase, Bay Window(s). Exterior Features: Wood, Out Building.

This property is listed by Carole Higgins and can be reached at 2316332577 or Carole.Higgins@CygnusRealEstate.com.

CH

Carole Higgins

Agent at Cygnus Real Estate

(231) 633-2577

Listed by Cygnus Real Estate · View on Broker Site

MLS# 1946087· Source: listhub· Updated 1 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

230 Wellington, Traverse City, MI 49686

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