This home's estimate is 187.3% higher than the average sale price ($554K) of 5 comparable homes.
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121 Rivers Edge Dr #3501, Traverse City, MI 49684
About this home
This corner 5th floor Penthouse unit features unobstructed panoramic views of West Bay and Downtown Traverse City. Pefectly situated on the Boardman river to offer both the serenity of the stream as well as the excitement of the City. Enjoy balcony access from every room in unit with over 1000 square feet of unparalleled outdoor living space. Walk to downtown shopping, or entertain friends and family in this Parade of Homes winner for best interior design. Elevator access to unit from underground parking.

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Market trends in 49684, MI
Last updated October 2026
Buyer's Market
Seller's Market
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10075 E Avondale Ln, Traverse City, MI 49684See all
Provided by Redfin
Sale history for 121 Rivers Edge Dr #3501
$308/sq ft
$318/sq ft
$385/sq ft
$471/sq ft
$600/sq ft
$194/sq ft
Tax history for 121 Rivers Edge Dr #3501
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- # of Parking Spaces in Garage: 1
- Garage Type: Attached Garage
- Parking: Garage
Interior
- Interior Features
- Rooms: Entry
- Interior Features: Bay Window, Spa/Jetted Tub, Security System, Walk-In Closet
- Appliances: Dishwasher, Disposal, Freezer, Intercom, Microwave, Range/Oven, Refrigerator
- Fireplace Features: Gas Fireplace
- Bedroom Information
- Bedroom 1 Level: Lower
- Bedroom 1 Dimensions: 28 x 12
- Bedroom 1 Floor Covering: Carpet
- Bedroom 1 Floor Covering: Carpet
- Bedroom 2 Level: Main
- Bedroom 2 Dimensions: 21 x 11
- Bedroom 2 Floor Covering: Carpet
- Bathroom Information
- # of Bathrooms (Full): 2
- # of Baths/Lavatories (Total): 2
- Dining/Kitchen Information
- Dining Room Floor Covering: Carpet
- Kitchen Level: Main
- Kitchen Dimension: 12 x 12
- Dining Room Level: Main
- Family/Great Room Information
- Family Room Floor Covering: Carpet
- Family Room Level: Main
- Family Room Dimensions: 13 x 14
- Library/Den/Living Room Information
- Living Room Floor Covering: Carpet
- Living Room Level: Main
- Living Room Dimensions: L=25
- Laundry/Basement Information
- Basement Type: Partially Finished
Exterior
- Exterior Features
- Exterior Construction: Brick
- Exterior Features: Exterior Balcony, Deck, Sidewalks
- Property Features
- On Waterfront
- Water Features: River Frontage, Shared Waterfront
- Frontage Type: Water
- Lake Name: Boardman River
- Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Hallway(s)
- Property Information
- Unit/Building Number: 3501
- Property Type: Condominium
- Structure Style: 2 Story
- Year Built: 2001
- Below Grade Sq. Ft.: 0
- Below Grade Sq. Ft. (Finished): 0
- Lot Information
- Zoning: Residential
- Land Information
- Frontage: 700
Utilities
- Utility Information
- Heat/Fuel Type: Natural Gas
- Water: Public Water
- Heating System: Forced Air
- Sewer Septic: Community
Location
- Unit 5 Information
- Living Room Dimensions: L=2325
- Homeowners Association Information
- Association Fee Includes: Lawn Maintenance, Snow Removal, Trash Removal, Water/Sewer, Exterior Maintenance, Heating Included, Sewer
- Association/Community Amenities: Grounds Maintenance, Pets-Allowed
- Fee Amount: $8,919.36
- School Information
- School District: Traverse City Area Public School
- School District: Traverse City Area Public School
- Location Details
- Municipality: Traverse City
- Mail City: Traverse City
- Subdivision: Rivers Edge West
- Municipality: Traverse City
- Area (Municipality): Traverse City (28021)
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 2,211
- Stories: 1.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1998
- Year Renovated: —
- County: Grand Traverse County
- APN: 51-837-635-10
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-7 • Assigned • 0.3mi
Public 8-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 94° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 9.5 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes






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Home values near 121 Rivers Edge Dr #3501
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1488 Sq. Ft. | $672,258 |
1 Beds | 2 Baths | 1332 Sq. Ft. | $637,717 |
2 Beds | 2 Baths | 1544 Sq. Ft. | $709,090 |
2 Beds | 1.5 Baths | 1211 Sq. Ft. | $470,718 |
2 Beds | 2.5 Baths | 2049 Sq. Ft. | $1,130,271 |
3 Beds | 3 Baths | 2377 Sq. Ft. | $1,365,538 |
2 Beds | 1 Baths | 1778 Sq. Ft. | $888,845 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2.5 Baths | 1537 Sq. Ft. | $693,664 |
2 Beds | 2 Baths | 1485 Sq. Ft. | $586,474 |
2 Beds | 2 Baths | 1421 Sq. Ft. | $593,411 |
2 Beds | 2.5 Baths | 1349 Sq. Ft. | $703,171 |
2 Beds | 2 Baths | 1778 Sq. Ft. | $1,066,308 |
3 Beds | 2.5 Baths | 1785 Sq. Ft. | $899,640 |
2 Beds | - Baths | 2342 Sq. Ft. | $853,550 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 3 Baths | 1850 Sq. Ft. | $1,110,572 |
2 Beds | 2 Baths | 1376 Sq. Ft. | $701,973 |
2 Beds | 2.5 Baths | 2173 Sq. Ft. | $1,374,554 |
2 Beds | 2 Baths | 1066 Sq. Ft. | $495,051 |
1 Beds | 1 Baths | 798 Sq. Ft. | $324,114 |
1 Beds | 1.5 Baths | 804 Sq. Ft. | $360,530 |
- Beds | 1 Baths | 1217 Sq. Ft. | $346,611 |
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