Welcome to 12142 Peninsula. This unique setting and style combination are reminiscent of an upscale one of a kind country lodge, Inside, you will be captivated by the 28-foot ceilings and solid oak authentic timber frame structure complementing the floor-to-ceiling stone wood burning fireplace. In addition, none of the interior and exterior walls are load bearing, The spacious living area, featuring solid doors throughout, hickory floors and custom bookcases, creating a warm and inviting atmosphere for relaxation and entertainment. In addition to the bedrooms, the den and loft can also be used as sleeping areas. The construction of the walls includes six-inch foam panels behind the exterior siding and under the roof, ensuring interior warmth in the winter and comfortably cool summer days. This residence is as functional as it is beautiful. A rare combination of waterfront and acreage that embodies elegance and tranquility. This parcel has not been cleared to reveal the magic of the waterfront and views hidden by the trees. Nestled on 3.27 acres of picturesque land, this one-of-a-kind property boasts 287 feet of private frontage on West Bay, offering views of Power Island and stunning sunsets. The exterior features a large porch facing the bay. The home has undergone updates, including a new roof in 2011 and an updated septic system in 2019. With the flexibility for modern design, this property provides an exceptional opportunity to create your dream waterfront lifestyle. Come experience the perfect blend of privacy and picturesque surroundings at this extraordinary Traverse City gem. *There are a few pictures that have been altered and disclosed to show potential views if some trees are cleared.* The piano stays with the home. A new appraisal has been completed to support the asking price. Seller will share with a qualified offer.
Sold for $2,150,000
$2,150,000
12142 Peninsula Dr, Traverse City, MI 49686
3beds
2,771sqft
Single Family Residence
Built in 1988
3.27 Acres Lot
$2,194,700 Zestimate®
$776/sqft
$5,397 Estimated rent
Home value
$2,194,700
$1.98M - $2.44M
$5,397/mo
Zestimate® history
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List your homeWhat's special
Views of power islandSix-inch foam panelsHickory floorsCustom bookcasesStunning sunsets
Zillow last checked:
Listing updated:
Listed by:
Leslie Young Cell:231-883-5293,
Coldwell Banker Schmidt Traver 231-922-2350
Bought with:
Mark Hafeli, 6502422300
Aurora Realty Services, LLC
Source: NGLRMLS,MLS#: 1937297
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Dining Room
Primary bedroom
- Level: Main
- Area: 204.48
- Dimensions: 14.4 x 14.2
Bedroom 2
- Level: Upper
- Area: 233.8
- Dimensions: 16.7 x 14
Bedroom 3
- Level: Upper
- Area: 175.6
- Dimensions: 14.5 x 12.11
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 150.08
- Dimensions: 13.4 x 11.2
Kitchen
- Level: Main
- Area: 143.75
- Dimensions: 12.5 x 11.5
Living room
- Level: Main
- Area: 369.6
- Dimensions: 28 x 13.2
Heating
- Hot Water, Natural Gas, Fireplace(s)
Cooling
- Whole House Fan/Attic Fan
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Gas Water Heater
- Laundry: Main Level
Features
- Cathedral Ceiling(s), Bookcases, Walk-In Closet(s), Pantry, Breakfast Nook, Solid Surface Counters, Mud Room, Den/Study, Beamed Ceilings, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Flooring: Wood, Vinyl
- Windows: Skylight(s)
- Basement: Full,Crawl Space,Daylight,Unfinished,Interior Entry
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,771
- Total interior livable area: 2,771 sqft
- Finished area above ground: 2,771
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Concrete Floors, Asphalt, Private
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: 2+ Story
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Garden, Rain Gutters
- Has view: Yes
- View description: Bay, Water, Bay View
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: Sandy Bottom, Bluff (less than 10ft), Great Lake, Private Lake, Stony Bottom
- Body of water: West Bay
- Frontage type: Priv Frontage (Across Rd)
- Frontage length: 287
Lot
- Size: 3.27 Acres
- Dimensions: 287 x 627 x 200 x 586
- Features: Previously Farmed, Sloped, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 1113200740
- Zoning description: Residential,Outbuildings Allowed
- Other equipment: Dish TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Timber Frame, Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: none
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $776/sqft
- Tax assessed value: $2,041,400
- Annual tax amount: $6,865
- Price range: $2.2M - $2.2M
- Date on market: 8/7/2025
- Cumulative days on market: 85 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $2,150,000$776/sqft |
Source:  NGLRMLS #1937297 Report a problem | ||
| 10/30/2025 | Pending sale | $2,150,000$776/sqft |
Source: NGLRMLS #1937297 Report a problem | ||
| 8/23/2025 | Price change | $2,150,000-12.2%$776/sqft |
Source: NGLRMLS #1937297 Report a problem | ||
| 8/7/2025 | Listed for sale | $2,450,000+5004.2%$884/sqft |
Source: NGLRMLS #1937297 Report a problem | ||
| 2/1/2014 | Sold | $48,000$17/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,865 +5.7% | $1,020,700 +34.4% |
| 2024 | $6,495 +5% | $759,300 +29.2% |
| 2023 | $6,185 +7.1% | $587,900 +15.7% |
| 2022 | $5,774 +1% | $508,200 +2.7% |
| 2021 | $5,715 -0.5% | $494,700 +16.1% |
| 2020 | $5,745 | $426,100 +5.5% |
| 2019 | $5,745 +1.9% | $403,900 +6.3% |
| 2018 | $5,637 | $379,900 +10.9% |
| 2017 | -- | $342,600 +1.9% |
| 2016 | -- | $336,100 +0.3% |
| 2014 | -- | $335,000 +12.4% |
| 2012 | -- | $298,100 +8.5% |
| 2011 | -- | $274,800 -6.5% |
| 2010 | -- | $293,800 -0.8% |
| 2009 | -- | $296,300 +2.5% |
| 2008 | -- | $289,000 -0.7% |
| 2007 | -- | $290,900 +9.8% |
| 2005 | -- | $264,900 +13.6% |
| 2004 | -- | $233,285 +2.5% |
| 2003 | -- | $227,592 +6.6% |
| 2002 | -- | $213,581 +7.3% |
| 2001 | -- | $199,095 +23.8% |
| 2000 | -- | $160,855 |
Find assessor info on the county website
Neighborhood: 49686
Nearby homes
- $1,576,2003.31 Acres12088 Peninsula Dr, Traverse City, MI 49686Off Market
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Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 7 mi
- 7/10Central High SchoolGrades: 8-12Distance: 7.1 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 10.7 mi
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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- Michigan
- Grand Traverse County
- Traverse City
- 49686
- 12142 Peninsula Dr
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