Stunning Peninsula Bay top floor condo on Miracle Mile’s walkable sandy beach w/ breathtaking views of East Bay. This upscale development offers all the extras, inviting lobby, elevator, groomed beach w/ chaise lounges, heated pool, hot tub, grill area w/ tables & chairs, 330 ft of frontage, heated sidewalks. Open floor plan, gas f/p, kitchen w/high end appliances, gas stove, double drawer dishwasher, granite, custom cabinets & large pantry. Water-side primary suite w/ walk-in shower. Both bd’s have w/ walk-in closets, granite in bathrooms. Newer luxury vinyl plank floors. Washer/dryer. Large, covered waterfront balcony to watch sunsets from. Short-term rentals allowed.
For sale
$869,000
1941 N Us Highway 31 N #55, Traverse City, MI 49686
2beds
1,117sqft
Condominium, Single Family Residence
Built in 2006
-- sqft lot
$827,200 Zestimate®
$778/sqft
$700/mo HOA
What's special
Heated poolHot tubOpen floor planWalk-in showerGas stoveWater-side primary suiteLarge pantry
- 93 days |
- 578 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Marsha Minervini 231-883-4500,
REMAX Bayshore - Union St TC 231-941-4500
Source: NGLRMLS,MLS#: 1945119
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Great Room
Primary bedroom
- Level: Main
- Area: 157.51
- Dimensions: 13.05 x 12.07
Bedroom 2
- Level: Main
- Area: 131.21
- Dimensions: 13.03 x 10.07
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Width: 15.05
Kitchen
- Level: Main
- Area: 131.02
- Dimensions: 13.05 x 10.04
Living room
- Level: Main
- Length: 20.03
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Gas Water Heater
- Laundry: Main Level
Features
- Entrance Foyer, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Counters, Solid Surface Counters, Kitchen Island, Cable TV, High Speed Internet, WiFi
- Flooring: Luxury Vinyl Plank, Tile
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,117
- Total interior livable area: 1,117 sqft
- Finished area above ground: 1,117
- Finished area below ground: 0
Property
Parking
- Parking features: None, Asphalt
Accessibility
- Accessibility features: Accessible Elevator Installed, Handicap Access
Features
- Entry location: Stairway (Indoor),Elevator,Third Floor Lvl or Higher
- Exterior features: Balcony, Sidewalk
- Pool features: In Ground
- Has spa: Yes
- Spa features: Hot Tub
- 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
- Body of water: East Bay
- Frontage type: Waterfront
- Frontage length: 330
Lot
- Features: Level, Landscaped
Details
- Additional structures: None
- Parcel number: 280355305500
- Zoning description: Residential,Deed Restrictions
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Timber Frame, Stone, Wood Siding
- Foundation: Block, Other
- Roof: Other
Condition
- New construction: No
- Year built: 2006
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pool, Lake Privileges
- Security: Smoke Detector(s)
- Subdivision: Peninsula Bay Resort
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Structure, Liability Insurance
- HOA fee: $8,400 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $778/sqft
- Tax assessed value: $240
- Annual tax amount: $10,227
- Price range: $869K - $869K
- Date on market: 5/14/2026
- Cumulative days on market: 94 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$827,200
$786,000 - $869,000
$2,046/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listed for sale | $869,000+2.2%$778/sqft |
Source:  NGLRMLS #1945119 Report a problem | ||
| 3/5/2026 | Listing removed | $850,000$761/sqft |
Source: NGLRMLS #1938032 Report a problem | ||
| 11/26/2025 | Price change | $850,000-5%$761/sqft |
Source: NGLRMLS #1938032 Report a problem | ||
| 8/28/2025 | Listed for sale | $895,000+99.3%$801/sqft |
Source: NGLRMLS #1938032 Report a problem | ||
| 4/18/2013 | Listing removed | $449,000$402/sqft |
Source: CENTURY 21 NORTHLAND #1735515 Report a problem | ||
| 5/5/2012 | Listed for sale | $449,000+23%$402/sqft |
Source: CENTURY 21 NORTHLAND #1735515 Report a problem | ||
| 12/24/2008 | Sold | $365,000$327/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,227 +5.7% | $368,200 +11.7% |
| 2024 | $9,674 +5% | $329,600 +27.7% |
| 2023 | $9,213 +3.5% | $258,200 +14.2% |
| 2022 | $8,903 -1.5% | $226,100 +13.2% |
| 2021 | $9,038 +0.5% | $199,800 -4.1% |
| 2020 | $8,996 | $208,400 +4.5% |
| 2019 | $8,996 +32.1% | $199,500 +10.5% |
| 2018 | $6,808 | $180,500 +4.1% |
| 2017 | -- | $173,400 -12.2% |
| 2016 | -- | $197,400 +12.7% |
| 2014 | -- | $175,100 +26.3% |
| 2012 | -- | $138,660 -17.7% |
| 2011 | -- | $168,460 -20.7% |
| 2010 | -- | $212,510 -14.1% |
| 2009 | -- | $247,260 -10.1% |
| 2008 | -- | $275,150 +2.5% |
| 2007 | -- | $268,500 +606.6% |
| 2005 | -- | $38,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49686
Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2.9 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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