For sale
$529,900
2beds
1,836sqft
240 Peninsula Hills Dr, Traverse City, MI 49686
2beds
1,836sqft
Condominium, single family residence, townhouse
Built in 1971
1 Garage space
$289 price/sqft
$300/mo HOA
What's special
Lower covered porchSunny balcony
Peninsula Hills Townhomes on Old Mission | West Bay Waterfront Rarely available and deeply coveted, this 2-bedroom, 1.5-bath townhome on Old Mission Peninsula delivers something most buyers only dream about: panoramic sunset views over West Bay, 260 feet of shared sandy beach just steps from your door, and the quiet rhythm ...
- 38 days |
- 2,716 |
- 91 |
Source: NGLRMLS,MLS#: 1947046
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Listed by:
Erica Foerster Cell:210-286-8954,
REO-TCFront-233021 231-947-9800,
Marc Foerster,
REO-TCFront-233021
Source: NGLRMLS,MLS#: 1947046
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 197.21
- Dimensions: 15.1 x 13.06
Bedroom 2
- Level: Upper
- Area: 146.41
- Dimensions: 12.1 x 12.1
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Width: 18.06
Family room
- Level: Lower
- Area: 325.8
- Dimensions: 18.1 x 18
Kitchen
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Living room
- Level: Main
- Length: 19
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Gas Water Heater
- Laundry: Lower Level
Features
- Entrance Foyer, Walk-In Closet(s), Pantry, Granite Counters, Drywall, Cable TV, High Speed Internet
- Flooring: Wood, Tile, Carpet
- Windows: Blinds, Drapes
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
- Finished area above ground: 1,302
- Finished area below ground: 534
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached, Carport, Assigned, Garage Door Opener, Paved, Asphalt
- Garage spaces: 1
- Has carport: Yes
- Has uncovered spaces: Yes
- Details: Assigned Parking Space
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: No Steps,First Floor Level
- Patio & porch: Deck
- Exterior features: Sprinkler System, Balcony, Garden
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: All Sports, Sandy Bottom, Gradual Slope to Water, Great Lake, Sandy Shoreline
- Body of water: West Bay
- Frontage length: 260
Lot
- Features: Existing Vineyard, Level, Rolling Slope, Landscaped
Details
- Additional structures: None
- Parcel number: 281161000600
- Zoning description: Residential,Deed Restrictions,Building-Use Restrictions
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Condominium, Single Family Residence, Townhouse
- Attached to another structure: Yes
Materials
- Frame, Wood Siding, Brick
- Foundation: Block
- Roof: Asphalt,Membrane
Condition
- New construction: No
- Year built: 1971
- Major remodel year: 2013
Utilities & green energy
- Sewer: Shared Septic
- Water: Shared Well
Community & HOA
Community
- Features: Park, Pets Allowed, Common Area
- Security: Smoke Detector(s)
- Subdivision: Peninsula Townhouses
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Liability Insurance
- HOA fee: $3,600 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $99,187
- Annual tax amount: $2,679
- Price range: $529.9K - $529.9K
- Date on market: 6/24/2026
- Cumulative days on market: 38 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 |
|---|---|---|
| 6/24/2026 | Listed for sale | $529,900+116.3%$289/sqft |
Source:  NGLRMLS #1947046 Report a problem | ||
| 11/9/2015 | Listing removed | $245,000$133/sqft |
Source: REAL ESTATE ONE-TC FRONT #1807328 Report a problem | ||
| 11/5/2015 | Pending sale | $245,000$133/sqft |
Source: REAL ESTATE ONE-TC FRONT #1807328 Report a problem | ||
| 10/6/2015 | Listed for sale | $245,000$133/sqft |
Source: REAL ESTATE ONE-TC FRONT #1807328 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,679 +5.7% | $244,300 +23.2% |
| 2024 | $2,534 +5% | $198,300 +8.1% |
| 2023 | $2,414 +7.1% | $183,500 +104.3% |
| 2022 | $2,253 +1% | $89,800 +5% |
| 2021 | $2,230 -0.5% | $85,500 |
| 2020 | $2,242 | $85,500 |
| 2019 | $2,242 +1.9% | $85,500 |
| 2018 | $2,200 | $85,500 |
| 2017 | -- | $85,500 +10.3% |
| 2016 | -- | $77,500 +12% |
| 2014 | -- | $69,200 -17.8% |
| 2012 | -- | $84,200 |
| 2011 | -- | $84,200 -10% |
| 2010 | -- | $93,600 |
| 2009 | -- | $93,600 |
| 2008 | -- | $93,600 +4% |
| 2007 | -- | $90,000 +28.2% |
| 2005 | -- | $70,200 |
| 2004 | -- | $70,200 +7.6% |
| 2003 | -- | $65,219 +6.6% |
| 2002 | -- | $61,204 +7% |
| 2001 | -- | $57,200 +4.1% |
| 2000 | -- | $54,921 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,336/mo
Principal & interest
$2705
Property taxes
$331
HOA Fees
$300
Estimated market value
$510,800
$485,000 - $536,000
$2,869/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 49686
Nearby schools
Eastern Elementary School
Grades PK-5 • 2.6 miles7/10
GreatSchools® Rating
Test Score Rating
8/10Student Progress Rating
5/10Central High School
Grades 8-12 • 2.7 miles7/10
GreatSchools® Rating
College Readiness Rating
10/10Student Progress Rating
5/10East Middle School
Grades 6-8 • 6.7 miles7/10
GreatSchools® Rating
Test Score Rating
8/10Student Progress Rating
6/10