16981 Peninsula Drive
Traverse City, MI 49686
- 3 beds
- 1.5 baths
- 1,950 sqft
- ~1 acre lot
- $402 per sqft
- 1948 build
- – on site
Perched on top of Old Mission Peninsula and tucked between beautiful vineyards and sweet cherry trees, you will find one of the most stunning land, bay and sunset views Traverse City has to offer. This "retro-charm" ranch offers the perfect location; central to local amenities like the library, award winning restaurants, churches, parks, beaches and an extensive trails system to explore and enjoy. Imagine sitting amongst mature maple, walnut and spruce trees, enjoying a park like setting in your own backyard, listening to birdsong and watching eagles fish in the distance. Be at peace knowing that the land around you is protected from development and will likely remain virtually unchanged. Grapes, blackberries and 5 different varieties of fruit trees will hone your gardening skills and fill your freezer. Carefully chosen perennials will provide you with fresh flowers from April to November. Warm hardwood floors greet you as you enter this 3 bedroom ranch and take in the panoramic view from the front door. The large living room can double as a gathering space for family and friends and a huge dining room for Holiday celebrations. The family room offers a wood burning fireplace that will warm all the hearts and toes in the house and the all around best view of the Bay. The large kitchen that opens to the dining area and deck is perfect for summer entertaining or just a simple morning cup of coffee. The main floor laundry and mudroom off the attached two car garage offers convenience and quick clean up. Plenty of storage and room for hobbies is available in the full basement. Talk with your agent for a list of updates that you may not see with your eyes, but will keep your wallet healthy for many years.
Last checked:
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Last updated May 13, 2025
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MLS# 1933391 —
The Building
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Construction:frame
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Style:ranch, 1 story
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Roof:asphalt
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Foundation:block, daylight windows, finished rooms, plumbed for bath, entrance inside
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Exterior Finish:Cement Board
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Eco Features:no
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SqFt:1950
Interior
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Features:Mud Room, Formal Dining Room, Den/Study, Game Room
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Kitchen Floor Covering:wood
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Dining Floor:Wood
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Family Room on:Main Floor
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Family Room Floor Covering:carpet
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Laundry on:Main Floor
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Laundry Floor Covering:vinyl
Financial & Terms
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Terms:Conventional, Cash, 1031 Exchange
Location
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Latitude:44.935369
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Longitude:-85.516047
The Property
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Parcel Description:metes and bounds
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Lot Dimensions:240 x 240
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Land Features:Rolling
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Acres:1.34
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Zoning:Residential
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Exterior Features:Bay View
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Deeded Waterfront:no
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Water Features:water view, Bay View
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Road:public maintained
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Mineral Rights:Unknown
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Price Per SqFt:402.56
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 946-4040
Taxes
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Tax ID:11-109-001-10
Beds
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1st Bedroom on:Main Floor
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1st Bedroom Floor Covering:carpet
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2nd Bedroom on:Main Floor
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2nd Bedroom Floor Covering:wood
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3rd Bedroom on:Main Floor
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3rd Bedroom Floor Covering:wood
Baths
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Master Bath:shared
The Listing
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Virtual Tour URL 1:https://tours.bluelavamedia.com/s/16981-Peninsula-Dr-Traverse-City-MI-49686
Heating & Cooling
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Fireplace/Stove:Fireplace(s), Wood, Heatilator Style
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Heating & Cooling:Forced Air
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Heating & Cooling Source:propane
Utilities
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Water:Private Well
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Sewer:Private Septic
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TV Service/Internet:Cable TV, Cable Internet
Appliances
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Appliances:Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
Schools
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School District:Traverse City Area Public Schools
The Community
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Subdivision:MI
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Amenities:None
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Association Fee Includes:None
Parking
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Primary Garage:attached, door opener, concrete floors
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Driveway:Concrete, Circular
Extra Units
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Additional Buildings:none
Monthly cost estimate
Asking price
$785,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,203
|
| Taxes | N/A |
| Insurance | $215 |
| Utilities | $212 See report |
| Total | $4,630/mo.* |
| *This is an estimate |
Air Pollution Index
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The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/7/25
May 7, 2025
|
Listed / Active | NGLRMLS | $785,000 |
