130 S Peninsula Rd, East Jordan, MI 49727
What's special
Experience one of Northern Michigan’s most distinctive private equestrian estates: 180 acres across six parcels, panoramic views of the South Arm of Lake Charlevoix and 675 feet of private frontage on Steele Lake. Designed for year-round riding and four-season recreation, this legacy property combines privacy, extensive equestrian infrastructure and private water access in one setting. At the heart of the estate is approximately 26,000 square feet of covered equestrian space, including a 22,000-square-foot temperature-controlled indoor arena, nine stalls, heated tack room, heated viewing room with kitchen, new paddocks with heated waterers and an attached lean-to for additional storage. A separate approximately 4,000-square-foot pole building provides space for equipment, hay, vehicles and recreational gear. The updated four-bedroom, four-bath residence features cathedral ceilings, a gourmet kitchen, renovated bathrooms, fresh interior paint, new carpet and expansive windows capturing the countryside and Lake Charlevoix sunsets. A massive new deck with custom railings provides space for outdoor entertaining. The newly completed guest or caretaker apartment includes a bedroom, full bath, kitchen, dining area and living room. Rolling pastures, productive hay fields, mature hardwoods, wooded trails, food plots and fruit trees create a setting for horses, hunting and outdoor recreation. Along the private Steele Lake shoreline, a historic fishing cabin offers additional potential and a place to enjoy the water. Located within reach of Lake Charlevoix, Northern Michigan resort communities and Traverse City Horse Shows at Flintfields, this rare property is suited as a private show barn, multigenerational family compound or recreational retreat, offering acreage, water, views, privacy and year round recreation.
- 36 days
- 2,195
- 97
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Matthew Crane Cell:231-350-9386,
Berkshire Hathaway Homeservices - TC 231-947-7777,
Jennifer Mancini 248-760-0345,
Berkshire Hathaway HomeServices-Boyne City
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- 3/4 bathrooms: 4
- Main level bathrooms: 2
Rooms
- Room types: Dining Room, Great Room, Workshop
Primary bedroom
- Area: 483
- Dimensions: 23 x 21
Primary bathroom
- Features: Private
Kitchen
- Area: 156
- Dimensions: 13 x 12
Living room
- Level: Upper
- Area: 264
- Dimensions: 22 x 12
Heating
- Baseboard, Propane
Cooling
- Window A/C Unit(s)
Appliances
- Included: Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer, Water Filtration System, Freezer, Oven, Cooktop, Propane Water Heater
- Laundry: Upper Level
Features
- Cathedral Ceiling(s), Entrance Foyer, Walk-In Closet(s), Wet Bar, Granite Bath Tops, Granite Counters, Kitchen Island, Mud Room, Den/Study, Drywall, Ceiling Fan(s), High Speed Internet
- Windows: Blinds, Drapes, Curtain Rods
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,568
- Total interior livable area: 4,568 sqft
- Finished area above ground: 4,568
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Attached, Detached, Paved, Plumbing, Pole Construction, Asphalt
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Bay, Countryside View, Water
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: Inland Lake, Sandy Bottom, Vegetation to Water Edge, Private Lake
- Body of water: Steele Lake
- Frontage type: Waterfront
- Frontage length: 675
Lot
- Size: 180 Acres
- Dimensions: 6 Parcels, see docs
- Features: Wooded-Hardwoods, Previously Farmed, Cleared, Wooded, Evergreens, Rolling Slope, Landscaped, Metes and Bounds
Details
- Additional structures: Barn(s), Pole Building(s), Guest House, Workshop, Stable(s)
- Parcel number: 01400200430, 6 total
- Zoning description: Residential,Agricultural Res
- Horse amenities: Stable(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding, Steel
- Foundation: Slab
- Roof: Metal/Steel
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: NA
HOA
- Services included: None
Location
- Region: East Jordan
Financial & listing details
- Price per square foot: $547/sqft
- Tax assessed value: $766,300
- Annual tax amount: $7,843
- Price range: $2.5M - $2.5M
- Date on market: 9/10/2026
- Cumulative days on market: 37 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $2,499,999-7.1%$547/sqft |
Source:  NGLRMLS #1950390 Report a problem | ||
| 9/10/2026 | Listed for sale | $2,690,000-0.4%$589/sqft |
Source: NGLRMLS #1950390 Report a problem | ||
| 9/10/2026 | Listing removed | $2,700,000$591/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 8/24/2026 | Price change | $2,700,000-3.6%$591/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 8/15/2026 | Price change | $2,800,000-3.4%$613/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 7/27/2026 | Price change | $2,900,000-15.9%$635/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 7/2/2026 | Price change | $3,450,000-4.2%$755/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 6/12/2026 | Price change | $3,599,999-6.5%$788/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 5/29/2026 | Price change | $3,850,000-1.3%$843/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 5/24/2026 | Listed for sale | $3,900,000$854/sqft |
Source: NGLRMLS #1945644 Report a problem | ||
| 4/17/2026 | Listing removed | $3,900,000$854/sqft |
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #478279 Report a problem | ||
| 12/2/2025 | Price change | $3,900,000-4.7%$854/sqft |
Source:  Northern Michigan MLS #478279 Report a problem | ||
| 11/19/2025 | Price change | $4,091,1100%$896/sqft |
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #478279 Report a problem | ||
| 11/18/2025 | Price change | $4,091,111+0%$896/sqft |
Source: NGLRMLS #1940605 Report a problem | ||
| 11/12/2025 | Listed for sale | $4,091,110+40.5%$896/sqft |
Source: Northern Michigan MLS #478279 Report a problem | ||
| 8/31/2021 | Sold | $2,911,110-1.3%$637/sqft |
Source: Agent Provided Report a problem | ||
| 7/1/2021 | Listed for sale | $2,950,000$646/sqft |
Source: Northern Michigan MLS #465653 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,843 +5% | $394,300 +4.5% |
| 2024 | $7,468 +4.4% | $377,400 +9.9% |
| 2023 | $7,151 | $343,300 +20.8% |
| 2022 | -- | $284,100 +19.1% |
| 2021 | -- | $238,500 +14.2% |
| 2020 | -- | $208,900 -27.2% |
| 2019 | -- | $287,000 +17.4% |
| 2018 | -- | $244,500 |
| 2017 | -- | $244,500 +7% |
| 2016 | -- | $228,400 -0.3% |
| 2015 | -- | $229,000 +8.9% |
| 2014 | -- | $210,300 +2.9% |
| 2013 | -- | $204,300 -4.3% |
| 2012 | -- | $213,400 -3.8% |
| 2011 | -- | $221,909 +1.7% |
| 2010 | -- | $218,200 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.