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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.

Agent Description

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

4 full
1879

Amenities

WaterfrontBasement

Monthly Cost Estimate

$20,591/mo

20% down · 6.5% · 30 years

Principal$2,784
Interest$16,683
Insurance$1,123

Estimates only. Actual payments may vary.

Location

3515 Jefferson Avenue

Traverse City, MI 49684

Features & Amenities

Interior Features

Built-in BookcaseBay Window(s)Foyer EntranceWalk-in Closet(s)PantryBreakfast NookGranite Kitchen TopsSolid Surface CountersMud RoomFormal Dining RoomGreat RoomDen/StudyWorkshop

Exterior Features

StoneWoodOut Building

Property Details

Parking

DrivewayPaved or Surfaced

Heating

BaseboardHot Water (Heating)

Appliances

DishwasherDryerFreezerGarbage DisposerMicrowaveRangeRefrigeratorWasher

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.

JG

Jennifer Gaston

Agent at REMAX Bayshore - Union St TC

(231) 941-5600

Listed by REMAX Bayshore - Union St TC · View on Broker Site

MLS# 1944602· Source: listhub· Updated 29 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.

3515 Jefferson Avenue, Traverse City, MI 49684

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