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About This Home
This 5-bedroom, 4-bathroom single family at 3515 Jefferson Avenue in Traverse City, MI is listed for $3,850,000 ($673 per sqft). Built in 1879, the home offers 5,724 sqft of living space on a 10.74 acres lot.
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.
Key Features
- Built in 1879
- 10.74 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$20,591/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3515 Jefferson Avenue
Traverse City, MI 49684
Features & Amenities
Interior Features
Exterior Features
Property Details
Parking
Heating
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom single family at 3515 Jefferson Avenue is listed at $3,850,000 ($673/sqft). The estimated monthly payment is $16,683 based on 20% down at 6.5% interest.
Key features include: Built in 1879, 10.74 acre lot, Waterfront. Interior Features: Built-in Bookcase, Bay Window(s), Foyer Entrance. Exterior Features: Stone, Wood, Out Building.
This property is listed by Jennifer Gaston and can be reached at 2319415600 or jennifer@jennifergaston.com.








