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  • Price cut: $300K (6/17)
    $3,899,000

    6525 Peninsula Dr, Traverse City, MI 49686

    4beds
    4,135sqft
    : 
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    Single Family Residence
    Built in 1997
    0.67 Acres Lot
    $3,628,800 Zestimate®
    $943/sqft
    $-- HOA

    What's special

    Private dockStunning fireplaceOpen beachAdditional family roomSwimming in crystal-clear watersIncredible guest accommodationsWarm architectural details throughout
    Perched along one of the most coveted stretches at the base of Michigan’s iconic Old Mission Peninsula, this extraordinary custom-built David Webster residence is more than a home — it's a legacy. With 150 feet of pristine sandy frontage and sweeping panoramic views across sparkling West Bay and downtown Traverse City, every detail of this home was thoughtfully designed. Inside, over 4,000 square feet of beautifully curated living space create an inviting atmosphere, including rich maple flooring, extensive custom woodwork, and warm architectural details throughout. Expansive windows frame the bay from nearly every room, filling the home with natural light and endless blue-green water views. The main living area is anchored by a stunning fireplace, while the home’s flowing layout offers exceptional functionality with four bedrooms, four baths, incredible guest accommodations, and ample storage throughout. The lower level features a dedicated craft room, a substantial workshop and storage space, wet bar, additional family room, and direct access to an outdoor storage garage ideal for kayaks, paddle boards, and waterfront living essentials. The bathrooms evoke a spa-like sense of calm and retreat, while practical luxuries such as a whole-home generator and an additional detached garage across the street add convenience and versatility rarely found in waterfront properties. One of the home’s most unforgettable features is the expansive screened-in porch — a true extension of the living space and the perfect setting for morning coffee, sunset cocktails, or evenings spent listening to the waves roll in. From this extraordinary vantage point, enjoy front-row seats to West Bay’s air shows, fireworks, boating activity, and spectacular sunsets that paint the sky each evening. Outside, the open beach and private dock invite endless days spent soaking in the sun, swimming in crystal-clear waters, and experiencing an unparalleled connection to the beauty of Northern Michigan.
    67 days
    |
    575
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Molly Buttleman 231-463-6969,

    @properties Christie's Int'l 231-642-2363

    Source: NGLRMLS,MLS#: 1945236MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Great Room, Workshop
      Primary bedroom
      • Level: Main
      • Area: 268.89
      • Dimensions: 18.33 x 14.67
      Bedroom 2
      • Level: Upper
      • Area: 234.44
      • Dimensions: 13.33 x 17.58
      Bedroom 3
      • Level: Upper
      • Area: 332.92
      • Dimensions: 19.58 x 17
      Bedroom 4
      • Level: Lower
      • Area: 193.13
      • Dimensions: 17.17 x 11.25
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      • Area: 159
      • Dimensions: 13.25 x 12
      Family room
      • Level: Lower
      • Area: 247.92
      • Dimensions: 17 x 14.58
      Kitchen
      • Level: Main
      • Area: 244.44
      • Dimensions: 13.33 x 18.33
      Living room
      • Level: Main
      • Area: 444.45
      • Dimensions: 18.58 x 23.92
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Other, Exhaust Fan, Humidifier
      • Laundry: Main Level
      Features
      • Bookcases, Entrance Foyer, Walk-In Closet(s), Wet Bar, Other, Granite Bath Tops, Granite Counters, Kitchen Island, Den/Study, Beamed Ceilings, Vaulted Ceiling(s), Ceiling Fan(s), Cable TV, High Speed Internet
      • Flooring: Wood, Carpet, Tile
      • Windows: Blinds, Drapes
      • Basement: Walk-Out Access,Finished,Interior Entry
      • Has fireplace: Yes
      • Fireplace features: Gas, Stove
      Interior area
      • Total structure area: 4,135
      • Total interior livable area: 4,135 sqft
      • Finished area above ground: 2,860
      • Finished area below ground: 1,275
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Detached, Garage Door Opener, Paved, Other, Concrete Floors, Asphalt, Private
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio, Porch, Screened
      • Exterior features: Sprinkler System, Other, Dock
      • Has view: Yes
      • View description: Bay, Water, Bay View
      • Has water view: Yes
      • Water view: Water,Bay
      • Waterfront features: All Sports, Sandy Bottom, Great Lake, Lake, Sandy Shoreline
      • Body of water: West Bay
      • Frontage type: Waterfront
      • Frontage length: 146
      Lot
      • Size: 0.67 Acres
      • Dimensions: 144 x 202
      • Features: Cleared, Level, Other, Landscaped
      Details
      • Parcel number: 1133604300
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other,Craftsman
      • Property subtype: Single Family Residence
      Materials
      • 2x6 Framing, Stone, Cement Siding
      • Foundation: Poured Concrete
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Subdivision: n/a
      HOA
      • Services included: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $943/sqft
      • Tax assessed value: $437,296
      • Annual tax amount: $11,501
      • Price range: $3.9M - $3.9M
      • Date on market: 5/16/2026
      • Cumulative days on market: 68 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $3,628,800

        $3.45M - $3.81M

        $7,546/mo

        Price history

        DateEventPrice
        6/17/2026Price change$3,899,000-7.1%$943/sqft
        Source: NGLRMLS #1945236 Report a problem
        5/16/2026Listed for sale$4,199,000+7675.9%$1,015/sqft
        Source: NGLRMLS #1945236 Report a problem
        1/30/2003Sold$54,000$13/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,501 +5.7%$1,180,800 +13.1%
        2024$10,880 +5%$1,043,900 +6.5%
        2023$10,362 +7.1%$980,100 -2.4%
        2022$9,672 +1%$1,004,200 -5%
        2021$9,574 -0.5%$1,057,300 +27.5%
        2020$9,624 $829,100 +13.2%
        2019$9,624 +1.9%$732,700 -8%
        2018$9,444 $796,000 -0.2%
        2017-- $797,200 -0.4%
        2016-- $800,600 -0.9%
        2014-- $808,100 +3.9%
        2012-- $777,800 +12.2%
        2011-- $693,500 +5.7%
        2010-- $655,800 +0.6%
        2009-- $651,800 -1.7%
        2008-- $663,100 -0.3%
        2007-- $665,000 +72.9%
        2005-- $384,600 +2.4%
        2004-- $375,595 +3.7%
        2003-- $362,194 +6.6%
        2002-- $339,897 +11.4%
        2001-- $305,085 +29.6%
        2000-- $235,364
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 49686

        Getting around

        3 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eastern Elementary School
        • Middle: Traverse City East Middle School
        • High: Central High School
        • 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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