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
$582,700 Zestimate®
$605/sqft
$-- HOA
What's special
Thoughtful updates throughoutClassic cottage characterIdeal south-facing sandy beachPristine sandy-bottom frontage
- 19 days |
- 3,540 |
- 228 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Geib Cell:231-357-3265,
Viewpoint Realty 231-943-6145
Source: NGLRMLS,MLS#: 1947060
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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: 62 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
$582,700
$554,000 - $612,000
$2,188/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+228.9%$630/sqft |
Source: NGLRMLS #1939979 Report a problem | ||
| 4/11/2014 | Sold | $190,000-17.4%$192/sqft |
Source: NGLRMLS #1776057 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 | -- | $58,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 49696
Nearby schools
GreatSchools rating
- 7/10Courtade Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 3.7 mi
- 7/10Central High SchoolGrades: 8-12Distance: 7.7 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
- 49696
- 489 Peninsula Trl
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