MI > Grand Traverse > Traverse City > 230 Wellington Street

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230 Wellington Street Map / directions

Traverse City, MI

49686 Market info

$3,100,000

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  • MLS# 1872525
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800-871-9992

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248-208-3883

The Wellington Inn is a historic mansion that has been converted to a year-round Bed and Breakfast located in Traverse City, Michigan. Built by one of Traverse City's lumber barons, this spectacular mansion has been fully restored to it's original grandeur and features period antiques throughout the nine guest rooms, dining room, library, living room and 3rd floor ballroom. The Carriage House features two, 2 bedroom apartments and a large, underutilized event space or storage area. The Carriage House units can be rented short term or the building has potential to be converted to condominiums (per Traverse City) that can be sold individually. It has a total of 1986 sq' and the main house has a total of 9192 sq', with a combined total of 11,178 sq', which equals $277.34 per sq' including furnishings. The structure has undergone a complete restoration. Every element has been rebuilt from the foundation up through the roof. This niche property is located in a neighborhood that is with-in two blocks to fine restaurants, shops, recreational trails and the spectacular beaches of Grand Traverse Bay. The property is currently offered furnished as an upscale, turn-key B&B with owner/operator quarters on the 1st floor of the main house. The property includes a unique zoning exception granted to allow events with alcohol consumption. Bring your vision and be a part of Traverse City's vibrant future!

Property Information

Status
Active 
Address
230 Wellington Street 
City
Traverse City 
Zip
49686 
Year Built
1905 
Listing Date
03/03/2020 
County
Grand Traverse 
Possession
Negotiable 
Parking
Paved 
Price/SqFt
277.33 

Features

Current Use
Bed & Breakfast 
Features
Additional Buildings, Furniture/Fixtures, Sprinkler System 
Zoning
Multi-Family, Non-Conforming Use, Residential 
Water
Municipal Water 
Sub Property Type
Hospitality 
Licenses
Other 
Exterior Features
Wood 
Cooling
Central Air, Forced Air, Hot Water, Natural Gas 
Heating
Central Air, Forced Air, Hot Water, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1872525 Active Mar 3 2020 5:03PM $3,100,000 271
1872523 Active Mar 3 2020 4:45PM $3,100,000 271
1819083 Expired Active Feb 3 2020 2:20AM 370
1834182 Expired Active Feb 3 2020 2:19AM 959
1834182 Jan 29 2019 1:16PM $3,100,000 $3,150,000 959
1819083 Jan 29 2019 1:02PM $3,100,000 $3,150,000 370
1819083 Jan 30 2018 1:32PM $3,150,000 $3,250,000 370
1834182 Active Jun 19 2017 12:45PM $3,250,000 959
1819083 Active Jun 25 2016 7:42AM $3,250,000 370
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MITAAR Logo

Listing Courtesy of Century 21 Northland-Elk Rapids
Office Address 116 E River Street PO Box 620

Real Estate One Family of Companies

230 Wellington Street Traverse City
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$3,100,000
For Sale • Acres: 0.5 • Zoning: Residential,Multi-Family,Non-Conforming Use