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For sale
  • Price cut: $160K (8/29)
    $2,590,000

    10101 Peninsula Dr, Traverse City, MI 49686

    4beds
    3,276sqft
    : 
    $16,084/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    7.14 Acres Lot
    $-- Zestimate®
    $791/sqft
    $-- HOA

    What's special

    A once-in-a-generation opportunity on the coveted Old Mission Peninsula! Nestled on 7 private acres with 150 feet of pristine West Bay frontage, this remarkable waterfront estate captures the very best of Northern Michigan living. The expansive hard-packed sandy beach, private dock, and generous shoreline offer endless opportunities for swimming, boating, and making memories on the water. Beyond the shoreline, the 7 acres offer a rare playground for nature enthusiasts, with room to wander, explore, watch wildlife, and enjoy the changing seasons in your own private setting. Designed for effortless main-floor living, the home showcases breathtaking views of West Bay. The light-filled living room features oversized windows & a cozy two sided gas fireplace open to the dining area. The kitchen offers warm maple cabinetry, abundant storage, and generous workspace. The inviting three-season room piques the senses with the soothing sounds of the nearby waterfall and views of the sparkling Bay. Step outside to the waterside deck, perfect for entertaining, and relaxing while taking in unforgettable Northern Michigan sunsets. The main-floor primary suite offers a walk-in closet and ensuite bath with a fully tiled walk-in shower. A second bedroom, full bath, and den provide flexible space for family, guests, or a home office. An attached two-car garage leads to a convenient mudroom and laundry room. The walkout lower level expands the living space with two additional waterfront bedrooms, a full bath, spacious family room, abundant storage, and potential for a lakeview patio. Surrounded by mature trees on over 7 private acres, this peaceful retreat offers unmatched privacy while remaining minutes from downtown Traverse City, wineries, and all the beauty of the Old Mission Peninsula. Waterfront estates with sunsets and sandy beaches are among the Peninsula's rarest offerings—an extraordinary opportunity to create a legacy for generations.
    33 days
    2,238
    85

    Zillow last checked:

    Listing updated:

    Listed by:

    Ann Porter Cell:231-944-4959,

    REO-TCRandolph-233022 231-946-4040

    Source: NGLRMLS,MLS#: 1948771MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Dining Room
      Primary bedroom
      • Level: Main
      • Area: 285.42
      • Dimensions: 13.4 x 21.3
      Bedroom 2
      • Level: Main
      • Area: 148.87
      • Dimensions: 13.4 x 11.11
      Bedroom 3
      • Level: Main
      • Area: 100.98
      • Dimensions: 10.2 x 9.9
      Bedroom 4
      • Level: Lower
      • Area: 208.5
      • Dimensions: 15 x 13.9
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      • Area: 135.54
      • Dimensions: 12.2 x 11.11
      Family room
      • Level: Lower
      • Area: 475.8
      • Dimensions: 19.5 x 24.4
      Kitchen
      • Level: Main
      • Area: 159.44
      • Dimensions: 14.11 x 11.3
      Living room
      • Level: Main
      • Area: 334.62
      • Dimensions: 19.8 x 16.9
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Gas Water Heater
      • Laundry: Main Level
      Features
      • Cathedral Ceiling(s), Entrance Foyer, Walk-In Closet(s), Pantry, Solid Surface Counters, Den/Study, Drywall, Cable TV, High Speed Internet
      • Basement: Full,Walk-Out Access,Finished Rooms,Egress Windows
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 3,276
      • Total interior livable area: 3,276 sqft
      • Finished area above ground: 1,748
      • Finished area below ground: 1,528

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage Door Opener, Paved, Asphalt
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Dock
      • Has view: Yes
      • View description: Bay, Water, Bay View
      • Has water view: Yes
      • Water view: Water,Bay
      • Waterfront features: All Sports, Sandy Bottom, Great Lake, Lake, Sandy Shoreline
      • Body of water: West Bay
      • Frontage type: Priv Frontage (Across Rd)
      • Frontage length: 150
      Lot
      • Size: 7.14 Acres
      • Features: Wooded-Hardwoods, Wooded, Evergreens, Rolling Slope, Landscaped, Metes and Bounds
      Details
      • Additional structures: None
      • Parcel number: 1100701855
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: Peninsula Township
      HOA
      • Services included: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $791/sqft
      • Tax assessed value: $471,054
      • Annual tax amount: $12,170
      • Price range: $2.6M - $2.6M
      • Date on market: 8/1/2026
      • Cumulative days on market: 34 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,347/mo

        Price history

        DateEventPrice
        8/29/2026Price change$2,590,000-5.8%$791/sqft
        Source: NGLRMLS #1948771 Report a problem
        8/1/2026Listed for sale$2,750,000$839/sqft
        Source: NGLRMLS #1948771 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,170 +5.7%$759,300 -2.1%
        2024$11,514 +5%$775,900 +29.7%
        2023$10,965 +7.1%$598,000 +16.8%
        2022$10,235 $512,000 +2.6%
        2021-- $499,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 49686

        Getting around

        1 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Traverse City Area Public Schools

        Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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