Experience Old Mission Peninsula living with West Bay views and shared sandy frontage. This two-bedroom, 1.5-bath condo offers comfort, space, and a laid-back lifestyle just 10 minutes from downtown Traverse City. Enjoy 260 feet of shared sandy beach, perfect for swimming, kayaking, or simply soaking in the sunsets. Inside, you’ll find bright and functional spaces, including an open kitchen, a generous living area that walks out to a private covered deck, and a primary bedroom with bay views from the balcony. Added perks include a detached 1.5-car garage, carport, and low monthly dues that cover snow removal, lawn care, well/septic, trash removal and exterior maintenance. Whether you’re looking for a full-time residence or a low-maintenance getaway, this condo delivers the best of Northern Michigan waterfront living.
Sold for $500,000
$500,000
246 Peninsula Hills Dr, Traverse City, MI 49686
2beds
1,898sqft
Condominium, Single Family Residence
Built in 1971
-- sqft lot
$503,500 Zestimate®
$263/sqft
$3,149 Estimated rent
Home value
$503,500
$453,000 - $564,000
$3,149/mo
Zestimate® history
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Shared sandy frontageWest bay viewsOpen kitchenBright and functional spacesPrivate covered deck
Zillow last checked:
Listing updated:
Listed by:
Kyle O'Grady 231-499-9999,
REMAX Bayshore - Union St TC 231-941-4500
Bought with:
Michael Annelin, 6501332459
Century 21 Northland
Source: NGLRMLS,MLS#: 1943481
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: 208
- Dimensions: 16 x 13
Bedroom 2
- Level: Upper
- Area: 165
- Dimensions: 15 x 11
Primary bathroom
- Features: None
Dining room
- Level: Main
- Area: 171
- Dimensions: 19 x 9
Family room
- Level: Lower
- Area: 665
- Dimensions: 35 x 19
Kitchen
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Living room
- Level: Main
- Area: 171
- Dimensions: 19 x 9
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer
- Laundry: Lower Level
Features
- Entrance Foyer, Walk-In Closet(s), High Speed Internet, WiFi
- Flooring: Carpet, Vinyl
- Basement: Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,898
- Total interior livable area: 1,898 sqft
- Finished area above ground: 1,296
- Finished area below ground: 602
Property
Parking
- Total spaces: 2
- Parking features: Detached, Carport, Garage Door Opener, Asphalt
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Covered Entrance
Features
- Levels: 2+ Story
- Stories: 2
- Entry location: No Steps,First Floor Level
- Patio & porch: Deck, Covered
- Exterior features: Balcony
- Has view: Yes
- View description: Bay, Water, Bay View
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: Sandy Bottom, Great Lake
- Body of water: West Bay
- Frontage length: 260
Lot
- Features: Level
Details
- Additional structures: None
- Parcel number: 281161000300
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Frame, Wood Siding, Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Shared Septic
- Water: Community Well
Community & HOA
Community
- Features: Community Dock, Lake Privileges, Pets Allowed, Common Area
- Subdivision: PENINSULA TOWNHOUSES
HOA
- Services included: Sewer, Trash, Snow Removal, Maintenance Structure, Other
- HOA fee: $2,400 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $90,248
- Annual tax amount: $4,029
- Price range: $500K - $500K
- Date on market: 4/6/2026
- Cumulative days on market: 18 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,VA Loan
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Sold | $500,000+0%$263/sqft |
Source:  NGLRMLS #1943481 Report a problem | ||
| 4/6/2026 | Listed for sale | $499,900$263/sqft |
Source: NGLRMLS #1943481 Report a problem | ||
| 2/2/2026 | Listing removed | $499,900$263/sqft |
Source: NGLRMLS #1940392 Report a problem | ||
| 11/10/2025 | Listed for sale | $499,900+1%$263/sqft |
Source: NGLRMLS #1940392 Report a problem | ||
| 4/30/2025 | Sold | $495,000+1.2%$261/sqft |
Source: Agent Provided Report a problem | ||
| 4/17/2025 | Pending sale | $489,000$258/sqft |
Source: NGLRMLS #1931802 Report a problem | ||
| 3/28/2025 | Listed for sale | $489,000$258/sqft |
Source: NGLRMLS #1931802 Report a problem | ||
| 2/18/2025 | Listing removed | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2025 | Listed for rent | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/12/2024 | Listing removed | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2024 | Listed for rent | $1,950-15.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/6/2024 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,029 +5.4% | $266,000 +20.3% |
| 2024 | $3,822 +5% | $221,200 +8.7% |
| 2023 | $3,640 +6% | $203,500 +126.6% |
| 2022 | $3,433 +1.2% | $89,800 +5% |
| 2021 | $3,394 +0.4% | $85,500 |
| 2020 | $3,379 | $85,500 |
| 2019 | $3,379 +2.1% | $85,500 |
| 2018 | $3,309 | $85,500 |
| 2017 | -- | $85,500 +10.3% |
| 2016 | -- | $77,500 +12% |
| 2014 | -- | $69,200 -26.1% |
| 2010 | -- | $93,600 |
| 2009 | -- | $93,600 |
| 2008 | -- | $93,600 +4% |
| 2007 | -- | $90,000 +33.3% |
| 2005 | -- | $67,500 |
| 2004 | -- | $67,500 +7.6% |
| 2003 | -- | $62,711 +6.6% |
| 2002 | -- | $58,850 +7% |
| 2001 | -- | $55,000 +4.2% |
| 2000 | -- | $52,808 |
Find assessor info on the county website
Neighborhood: 49686
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Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2.6 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 6.7 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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- Michigan
- Grand Traverse County
- Traverse City
- 49686
- 246 Peninsula Hills Dr
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