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Off market
  • $2,533,700

    1217 Peninsula Dr, Traverse City, MI 49686

    5beds
    2baths
    3,581sqft
    SingleFamily
    Built in 1982
    0.57 Acres Lot
    $2,533,700 Zestimate®
    $708/sqft
    $4,263 Estimated rent

    Home value

    $2,533,700

    $2.23M - $2.89M

    $4,263/mo

    Zestimate® history
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    $12,295/mo

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    What's special

    Spectacular West Bay water vistas glimmer from nearly every room of this 5 bed/2.5 bath home at the very base of the Old Mission Peninsula! The main level features a sizable foyer entry, bright living room with contrasting wood ceiling beams and tranquil water views. The views continue into a separate sitting room, and beyond onto a large sunroom, encircled by windows and featuring a skylight to capture the essence of the surrounding elements. The main level also hosts a guest bath, primary laundry room, and a sizable primary suite featuring a walk-in closet and a spa-like bathroom sanctuary with a wide dual vanity, and a custom tiled standing shower-for-two. The fully finished lower level includes 4 sizable guest bedrooms, a full bath, a second designated laundry, and a family room which walks out onto a water-facing patio deck, just steps from the beachfront, making this home ideal for entertaining or hosting overnight guests. Nestled upon more than a 1/2-acre parcel, with attached 2-car garage, established landscaping and strategically framed by trees for privacy and to alleviate road noise. Bask in the glow of coveted West GT Bay sunsets, airshows, and spectacular fireworks displays from your 105 feet of private sugar sand beach frontage. All of this, in a location that's just minutes from nearly every downtown TC amenity, makes certain that this home is one to be enjoyed for generations to come!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2.5
    Heating
    • Forced air
    Cooling
    • Other
    Features
    • Basement: Basement (not specified)
    Interior area
    • Total interior livable area: 3,581 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    • On waterfront: Yes
    Lot
    • Size: 0.57 Acres
    Details
    • Parcel number: 5110107400

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Year built: 1982

    Community & HOA

    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $708/sqft
    • Tax assessed value: $2,254,600
    • Annual tax amount: $38,543

    Price history

    DateEventPrice
    8/11/2023Sold$2,100,000+17%$586/sqft
    Source: NGLRMLS #1912731 Report a problem
    7/16/2023Pending sale$1,795,000$501/sqft
    Source: RE/MAX of Michigan #1912731 Report a problem
    6/28/2023Listed for sale$1,795,000+443.9%$501/sqft
    Source: NGLRMLS #1912731 Report a problem
    12/2/1996Sold$330,000$92/sqft
    Source: Agent Provided Report a problem
    2/1/1992Sold$330,000$92/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$38,543 +230.9%$1,127,300 +9.6%
    2024$11,648 +4.7%$1,028,500 +14%
    2023$11,124 +2.1%$902,400 +53.4%
    2022$10,899 +1%$588,100 +1.4%
    2021$10,795 +0.3%$579,900 +1.2%
    2020$10,758 $572,900 +2.4%
    2019$10,758 +2.1%$559,400 +16.3%
    2018$10,537 $481,100 -1.7%
    2017-- $489,500 +10.2%
    2016-- $444,200 +3.2%
    2014-- $430,300 +1.3%
    2012-- $424,800 -0.7%
    2011-- $427,800 +22.8%
    2010-- $348,300 -5.4%
    2009-- $368,000 0%
    2008-- $368,010 +3.7%
    2007-- $354,940 +9.5%
    2005-- $324,230
    2004-- $324,230 +4.4%
    2003-- $310,460 +0.4%
    2002-- $309,120 +1.8%
    2001-- $303,630 +45.6%
    2000-- $208,500
    Find assessor info on the county website

    Neighborhood: 49686

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,533,700
    2% more
    +$50,674
    With Zillow Showcase(estimated)
    $2,584,374
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,533,700
    2% more
    +$50,674
    With Zillow Showcase(estimated)
    $2,584,374