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Sold for $575,000
    • $575,000

    489 Peninsula Trl, Traverse City, MI 49696

    3beds
    992sqft
    Single Family Residence
    Built in 1961
    0.37 Acres Lot
    $574,400 Zestimate®
    $580/sqft
    $2,242 Estimated rent

    Home value

    $574,400

    $546,000 - $603,000

    $2,242/mo

    Zestimate® history
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    $2,790/mo

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    What's special

    Thoughtful updates throughoutClassic cottage characterIdeal south-facing sandy beachPristine sandy-bottom frontage
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Geib Cell:231-357-3265,

    Viewpoint Realty 231-943-6145

    Bought with:

    Kenneth Weaver, 6501310917

    Berkshire Hathaway Homeservices - TC

    Source: NGLRMLS,MLS#: 1947060MLS Logo

    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: $580/sqft
    • Tax assessed value: $132,359
    • Annual tax amount: $5,618
    • Price range: $575K - $575K
    • Date on market: 6/24/2026
    • Cumulative days on market: 149 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

    Price history

    DateEventPrice
    10/8/2026Sold$575,000-4.2%$580/sqft
    Source: NGLRMLS #1947060 Report a problem
    6/24/2026Listed for sale$599,900-4%$605/sqft
    Source: NGLRMLS #1947060 Report a problem
    6/24/2026Listing removed$625,000$630/sqft
    Source: NGLRMLS #1944989 Report a problem
    5/12/2026Listed for sale$625,000$630/sqft
    Source: NGLRMLS #1944989 Report a problem
    12/10/2025Listing removed$625,000$630/sqft
    Source: NGLRMLS #1939979 Report a problem
    10/28/2025Listed for sale$625,000+171.9%$630/sqft
    Source: NGLRMLS #1939979 Report a problem
    3/22/2013Listing removed$229,900$232/sqft
    Source: Coldwell Banker Schmidt, Realtors #1737483 Report a problem
    3/9/2012Listed for sale$229,900$232/sqft
    Source: Coldwell Banker Schmidt, Realtors #1727302 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 49696

    Nearby homes

    Nearby schools

    GreatSchools rating
    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.

    Sell for more on Zillow
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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