A rare offering in the Central Neighborhood, 507 Fifth Street combines period character with the confidence of a full, down-to-the-studs renovation completed in 2021. Set on a tree-lined block in one of Traverse City’s most walkable and architecturally rich areas, this 4-bedroom, 2.5-bath Modern Victorian delivers historic charm alongside modern amenities. Originally configured as a duplex, the home was thoughtfully restructured to restore true single-family flow, including a main-floor primary suite and a vaulted, open kitchen and living area filled with natural light and a gas fireplace. Original wide-plank pine floors were restored, historic millwork and hardware preserved, and high-end finishes selected throughout, including designer light fixtures, marble counter tops, Fisher & Paykel appliances, and custom built-ins. The exterior has also been fully reimagined with redesigned hardscape and landscaping, featuring a herringbone paver patio, cedar fencing, copper gutters, mature arborvitae plantings for privacy, and built-in gas lines supplying an outdoor fireplace and grill area. A recently replaced roof enhances both curb appeal and durability, offering added value for years to come. Significant investment has also been made in the home’s long-term health and reliability. Updates include modern mechanical systems such as a new furnace, A/C, whole-house water filtration with reverse osmosis, and a proactive maintenance approach with regularly cleaned HVAC vents and routine sewer lateral servicing. With flexible living areas, including a bonus playroom, and a location just blocks from downtown, West End Beach, local schools, parks, and the Boardman Lake Trail, 507 Fifth Street offers a rare opportunity to own a truly turn-key home in one of Traverse City’s most established neighborhoods.