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Off market
  • $2,229,700

    6421 Peninsula Dr, Traverse City, MI 49686

    3beds
    2,226sqft
    SingleFamily
    Built in 1949
    0.59 Acres Lot
    $2,229,700 Zestimate®
    $1,002/sqft
    $4,120 Estimated rent

    Home value

    $2,229,700

    $1.87M - $2.63M

    $4,120/mo

    Zestimate® history
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    $10,820/mo

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    What's special

    Peninsula Drive, 116' +/- direct West Bay frontage, approximately 1/2 mile from Traverse City limits, with sunset views over Leelanau County and the west arm of Grand Traverse Bay, is this 72-year-old home that has only had two owners. Many original fixtures, including bathroom fixtures, metal kitchen cabinets, and plaster walls/ceiling. Parcel slopes gently towards the shore of West Bay from Peninsula Drive to a wooden seawall and 3’  step down to a small sandy beach area. Beach house with sauna at the shoreline too. The site has approximately 116.9’ of West Bay direct frontage, 80’ of Peninsula Drive frontage, and is about 223’ deep.  Very livable as is and would be even more enjoyable with a few modest updates.  The windows, roof, furnace, and exterior condition have always received timely maintenance.  Still, this is a 72-year-old home, on an excellent waterfront lot, in one of the best waterfront neighborhoods in the Traverse City area, so a new owner may want to build their dream home. Priced at just completed appraised value and as a vacant lot only. Don't miss this rare opportunity to live in the "golden mile" of the Traverse City waterfront - such properties seldom become available.   

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Heating
    • Baseboard, Gas, Other
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Basement (not specified)
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,226 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Wood, Brick
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.59 Acres
    Details
    • Parcel number: 1133605100

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1949

    Community & HOA

    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $1,002/sqft
    • Tax assessed value: $1,816,800
    • Annual tax amount: $39,223

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    3/1/2021Pending sale$1,756,000$789/sqft
    Source: Owner Report a problem
    2/16/2021Listed for sale$1,756,000$789/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$39,223 +5.4%$908,400 +5.2%
    2024$37,205 -1.6%$863,200 +6.4%
    2023$37,796 +85.3%$811,600 -1.6%
    2022$20,400 +69.2%$824,500 -3.4%
    2021$12,057 -0.5%$853,500 +21.6%
    2020$12,120 $701,900 +9.3%
    2019$12,120 +1.9%$642,200 -4.4%
    2018$11,893 $671,700 -0.1%
    2017-- $672,500 -0.4%
    2016-- $675,300 +13.6%
    2014-- $594,500 +1.9%
    2012-- $583,400 +12.2%
    2011-- $519,800 +12.8%
    2010-- $460,700 +0.5%
    2009-- $458,400 -1.7%
    2008-- $466,200 -0.3%
    2007-- $467,600 +61.1%
    2005-- $290,200 +2.6%
    2004-- $282,852 +3.2%
    2003-- $274,081 +6.6%
    2002-- $257,208 +12.5%
    2001-- $228,591 +35.5%
    2000-- $168,641
    Find assessor info on the county website

    Neighborhood: 49686

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,229,700
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    +$44,594
    With Zillow Showcase(estimated)
    $2,274,294