Spend this summer at the lake! This charming Spider Lake cottage offers the perfect Up North getaway! Just steps from the water’s edge, this rare find features an ideal south-facing sandy beach with pristine, sandy-bottom frontage, perfect for swimming, kayaking, or relaxing by the shore. Enjoy sparkling lake views from every vantage point and unwind in a retreat that blends classic cottage character with thoughtful updates throughout. Offered turnkey and ready for immediate enjoyment, it’s a timeless setting where memories are made and cherished for generations to come.
For sale
$599,900
489 Peninsula Trl, Traverse City, MI 49696
3beds
992sqft
Single Family Residence
Built in 1961
0.37 Acres Lot
$579,800 Zestimate®
$605/sqft
$-- HOA
What's special
Thoughtful updates throughoutClassic cottage characterIdeal south-facing sandy beachPristine sandy-bottom frontage
- 65 days
- 2,525
- 151
Zillow last checked:
Listing updated:
Listed by:
Matthew Geib Cell:231-357-3265,
Viewpoint Realty 231-943-6145
Source: NGLRMLS,MLS#: 1947060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 175.38
- Dimensions: 15.25 x 11.5
Bedroom 2
- Level: Main
- Area: 124.2
- Dimensions: 11.5 x 10.8
Bedroom 3
- Level: Main
- Area: 102
- Dimensions: 12 x 8.5
Primary bathroom
- Features: None
Dining room
- Level: Lower
- Length: 8
Kitchen
- Level: Lower
- Length: 19.75
Living room
- Level: Lower
- Length: 19.75
Heating
- Wall Furnace, Natural Gas
Cooling
- Window Unit(s), Window A/C Unit(s)
Appliances
- Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Electric Water Heater
- Laundry: Lower Level
Features
- Pantry, Mud Room, Cable TV, High Speed Internet
- Flooring: Vinyl, Laminate, Concrete
- Windows: Drapes, Curtain Rods
- Basement: Full,Walk-Out Access,Finished Rooms,Egress Windows
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 992
- Total interior livable area: 992 sqft
- Finished area above ground: 576
- Finished area below ground: 416
Property
Parking
- Parking features: None, Asphalt, Private
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered, Porch, Screened
- Exterior features: Rain Gutters, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Sandy Bottom, Gradual Slope to Water, Lake, Sandy Shoreline
- Body of water: Spider Lake
- Frontage type: Waterfront
- Frontage length: 60
Lot
- Size: 0.37 Acres
- Dimensions: 282 x 60
- Features: Wooded-Hardwoods, Wooded, Evergreens, Subdivided
Details
- Additional structures: Shed(s)
- Parcel number: 0362010800
- Zoning description: Residential,Outbuildings Allowed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1961
- Major remodel year: 2015
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: Pinewood Shores
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $605/sqft
- Tax assessed value: $132,359
- Annual tax amount: $5,618
- Price range: $599.9K - $599.9K
- Date on market: 6/24/2026
- Cumulative days on market: 109 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$579,800
$551,000 - $609,000
$2,056/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $599,900-4%$605/sqft |
Source:  NGLRMLS #1947060 Report a problem | ||
| 6/24/2026 | Listing removed | $625,000$630/sqft |
Source: NGLRMLS #1944989 Report a problem | ||
| 5/12/2026 | Listed for sale | $625,000$630/sqft |
Source: NGLRMLS #1944989 Report a problem | ||
| 12/10/2025 | Listing removed | $625,000$630/sqft |
Source: NGLRMLS #1939979 Report a problem | ||
| 10/28/2025 | Listed for sale | $625,000+171.9%$630/sqft |
Source: NGLRMLS #1939979 Report a problem | ||
| 3/22/2013 | Listing removed | $229,900$232/sqft |
Source: Coldwell Banker Schmidt, Realtors #1737483 Report a problem | ||
| 3/9/2012 | Listed for sale | $229,900$232/sqft |
Source: Coldwell Banker Schmidt, Realtors #1727302 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,618 +5.7% | $200,200 +9% |
| 2024 | $5,314 +5% | $183,600 +16.3% |
| 2023 | $5,061 +3.5% | $157,800 +19.2% |
| 2022 | $4,891 +1.6% | $132,400 -0.9% |
| 2021 | $4,812 +0.5% | $133,600 +7.3% |
| 2020 | $4,790 | $124,500 +4.5% |
| 2019 | $4,790 +2.4% | $119,100 +2.3% |
| 2018 | $4,676 | $116,400 +1% |
| 2017 | -- | $115,200 +2.9% |
| 2016 | -- | $111,900 +12% |
| 2014 | -- | $99,900 +1.7% |
| 2012 | -- | $98,250 -1.3% |
| 2011 | -- | $99,540 -3.8% |
| 2010 | -- | $103,420 -0.9% |
| 2009 | -- | $104,410 +1.4% |
| 2008 | -- | $102,990 +6.5% |
| 2007 | -- | $96,700 +7.2% |
| 2005 | -- | $90,200 +21.2% |
| 2004 | -- | $74,400 +6.1% |
| 2003 | -- | $70,100 +20.9% |
| 2002 | -- | $58,000 -13% |
| 2001 | -- | $66,700 +14% |
| 2000 | -- | $58,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49696
Nearby schools
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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