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Land with Home for Sale in Traverse City, Michigan

3515 Jefferson Ave, Traverse City, MI 49684

$3,850,000
10.7 acres
Active sale
ago
Est $22,088/mo

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. Schedule your private showing today and experience one of Traverse City’s most treasured estates.

5,724
Sq feet
5
Beds
4
Full baths
1879
Built

Location

Street address
3515 Jefferson Ave
School district
Traverse City Area Public Schools
Elevation
687 feet
Coordinates
44.7645, -85.6455

Directions

Jefferson Ave to top of hill on left.

Property details

Acreage
10.74 acres
Zoning
Residential, Multi-Family, Commercial, Outbuildings Allowed
MLS #
TAAR 1944602
Posted

Parcels

  • 05-315-001-00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Lot

Waterfront
Creek, Pond, Waterfront

Exterior

Parking
Driveway, Paved or Surfaced
Features
Out Building, Stone, Wood

Structure

Renovated
2001
Style
Victorian
Basement
Yes
Heating
Baseboard, Hot Water
Roof
Metal

Interior

Rooms
Basement, Bathroom x 4, Bedroom x 5, Dining Room, Family Room, Kitchen, Living Room
Appliances
Dishwasher, Dryer, Freezer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
Features
Bay Window(s), Breakfast Nook, Built-In Bookcase, Den/Study, Formal Dining Room, Foyer Entrance, Granite Kitchen Tops, Great Room, Mud Room, Pantry, Solid Surface Counters, Walk-In Closet(s), Workshop

Nearby schools

NameTypeDistrict
Willow Hill Elementary SchoolElementaryTraverse City Area Public Schools
Traverse City West Middle SchoolMiddleTraverse City Area Public Schools
Traverse City West Senior High SchoolHighTraverse City Area Public Schools

Listing history

DateEventPriceChangeSource
May 3, 2026New listing$3,850,000TAAR
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This 10.74-acre property is located at 3515 Jefferson Ave in Traverse City, MI 49684. The property is available for sale for $3,850,000. It has a 5,724 sq ft 5 bedroom, 4 bath house built in 1879.

Checked 2 hours ago — Updated

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