Located in the highly sought-after Historic District of downtown Traverse City on iconic 5th Street, this extensively renovated 3 bedroom, 4.5 bath residence--including a substantial addition--beautifully combines historic charm with upscale modern finishes and is offered $250K below recent appraised value. Thoughtfully redesigned from the studs out, improvements include all new electrical, plumbing, HVAC, and air conditioning systems, along with expansive new Andersen windows that flood the home with natural light. The gourmet island kitchen is designed for both function and style, featuring granite countertops, premium appliances, a copper farmhouse sink, and custom lighting accents. A desirable main-floor primary suite offers comfort and convenience, while the upper level includes two additional bedrooms, one serving as a private en suite ideal for guests or multi-generational living. Custom tiled bathrooms, including one showcasing the original clawfoot tub, ceramic tile flooring throughout, and inviting covered front and rear porches add warmth and character throughout the home. The lower level offers a separate exterior entrance with potential for a second kitchen area and a legal studio apartment for rentals of 30 days or longer. Completing the property is a striking luxury metal roof. Seller is a licensed real estate agent in the State of Michigan.