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For sale
  • $999,990

    14792 Peninsula Dr, Traverse City, MI 49686

    3beds
    1,296sqft
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    Single Family Residence
    Built in 1900
    23.26 Acres Lot
    $939,200 Zestimate®
    $772/sqft
    $-- HOA

    What's special

    Tranquil pondsLarge detached garageThriving orchardsCompletely remodeled farmhouseProductive orchardMultiple storage buildings
    Turnkey Working Farm | 23+ Acres | Agricultural Tax Treatment | No PDR Restrictions | Income & Investment Potential One of this property’s most compelling features extends beyond its breathtaking beauty. As an established working farm, the property currently benefits from agricultural tax treatment, offering an attractive ownership opportunity alongside its productive orchard & exceptional long-term investment potential. Addl info re: the property’s agricultural status & tax classification is available upon request. Rarely does a property of this caliber come to market. Set against a picturesque backdrop of rolling hills, tranquil ponds & thriving orchards, this remarkable listing seamlessly blends refined country living with a productive agricultural operation. The completely remodeled farmhouse has been transformed from top to bottom, inside & out. Every detail has been thoughtfully updated with quality craftsmanship & timeless finishes, creating a home that is both elegant & comfortable. Simply move in & enjoy from day one. Beyond the home, more than 23 rolling acres planted with productive apple & fruit trees provide beauty, income potential & an incredible N'ern MI lifestyle. With approximately 700' of road frontage & NO PDR restrictions, the property offers a rare level of flexibility. The acreage may be eligible for future division, subject to local approvals, making it an outstanding opportunity for investors, developers, or buyers seeking to maximize long-term value. Add'l improvements include a fully insulated basement w/exterior access, a large detached garage, an 880+ SF farm labor dormitory & multiple storage buildings that provide the infrastructure needed to continue a successful farming operation or support a variety of future uses. Few Peninsula Twp. properties offer this combination of more than 23 acres, a beautifully remodeled residence, productive orchard, extensive farm infrastructure, current agricultural tax treatment, NO PDR!
    43 days
    |
    786
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Holly Hack 231-946-4404,

    EXIT Northern Shores-TC 231-946-4404,

    Anita Crisman 231-620-0440,

    EXIT Northern Shores-TC

    Source: NGLRMLS,MLS#: 1946289MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 180.18
      • Dimensions: 15.4 x 11.7
      Bedroom 2
      • Level: Main
      • Area: 120.69
      • Dimensions: 14.9 x 8.1
      Bedroom 3
      • Level: Main
      • Area: 109.35
      • Dimensions: 13.5 x 8.1
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      • Width: 15.9
      Kitchen
      • Level: Main
      • Length: 16.3
      Living room
      • Level: Main
      • Area: 249.66
      • Dimensions: 17.1 x 14.6
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan
      • Laundry: Main Level
      Features
      • Granite Bath Tops, Kitchen Island, Drywall, High Speed Internet
      • Flooring: Wood, Vinyl
      • Windows: Blinds
      • Basement: Full,Michigan Basement,Unfinished
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 1,296
      • Total interior livable area: 1,296 sqft
      • Finished area above ground: 1,296
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Concrete Floors, Asphalt, Private
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Sprinkler System, Garden, Rain Gutters
      • Has view: Yes
      • View description: Countryside View
      • Waterfront features: None
      Lot
      • Size: 23.26 Acres
      • Dimensions: 1270' x 747' x 1275' x 741'
      • Features: Wooded-Hardwoods, Farm, Wetlands, Some Lowland Areas, Level, Rolling Slope, Sloped, Landscaped, Metes and Bounds
      Details
      • Additional structures: Guest House, Workshop, Second Garage
      • Parcel number: 1112201100
      • Zoning description: Agricultural

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1900
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: metes & bounds
      HOA
      • Services included: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $772/sqft
      • Tax assessed value: $291,010
      • Annual tax amount: $7,627
      • Price range: $1M - $1M
      • Date on market: 6/8/2026
      • Cumulative days on market: 44 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash,FHA,MSHDA,USDA Loan,VA Loan
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $939,200

        $892,000 - $986,000

        $2,410/mo

        Price history

        DateEventPrice
        6/8/2026Listed for sale$999,990+106.2%$772/sqft
        Source: NGLRMLS #1946289 Report a problem
        7/13/2017Sold$485,000-3%$374/sqft
        Source: NGLRMLS #1824351 Report a problem
        3/7/2017Price change$500,000-13%$386/sqft
        Source: Coldwell Banker Schmidt, Realtors #1824351 Report a problem
        2/21/2017Price change$575,000-8%$444/sqft
        Source: Coldwell Banker Schmidt, Realtors #1824351 Report a problem
        11/28/2016Price change$625,000-3.8%$482/sqft
        Source: Coldwell Banker Schmidt, Realtors #1824351 Report a problem
        10/13/2016Listed for sale$650,000$502/sqft
        Source: Coldwell Banker Schmidt-402 #1824351 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,627 -5.5%$341,000 +7.1%
        2024$8,069 +2.6%$318,300 +10.8%
        2023$7,866 +6.8%$287,200 +9.7%
        2022$7,367 +1.1%$261,800 +3%
        2021$7,289 -0.2%$254,200 -0.2%
        2020$7,305 $254,600 +8.2%
        2019$7,305 +2%$235,300 +3.5%
        2018$7,163 $227,300 -0.7%
        2017-- $229,000 +10.2%
        2016-- $207,800 +18.5%
        2014-- $175,300 +4.3%
        2012-- $168,100 -5.5%
        2011-- $177,800 -1.1%
        2010-- $179,800 +1.5%
        2009-- $177,100 +8.7%
        2008-- $162,900
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49686

        Getting around

        5 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        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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