West Bay Waterfront! Main Home and Guest Cottage. 114 Ft of Private Waterfront Close to Downtown. Front Row for Fireworks & Air Shows. Large Deck at Beach. New Dock Included in Sale. Boat Hoist Included in Sale. New Roof in 2016 (Main House). Great Sunset Views. Gas Fireplace. Central AC. Unique Property. Rare Opportunity for Waterfront So Close to Town!
Sold for $1,405,000
$1,405,000
7124 Peninsula Dr, Traverse City, MI 49686
5beds
2,078sqft
Single Family Residence
Built in 1951
0.87 Acres Lot
$1,448,100 Zestimate®
$676/sqft
$3,764 Estimated rent
Home value
$1,448,100
$1.30M - $1.62M
$3,764/mo
Zestimate® history
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List your homeWhat's special
Gas fireplacePrivate waterfrontLarge deck at beachCentral acGreat sunset views
Zillow last checked:
Listing updated:
Listed by:
Sam Abood 231-218-5130,
Five Star Real Estate - Front St TC 231-778-1200
Bought with:
Molly Buttleman, 6501374903
@properties Christie's Int'l
Source: NGLRMLS,MLS#: 1932419
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Dimensions: 13.5 x 13
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: Main
- Dimensions: 10 x 10.5
Bedroom 4
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Kitchen
- Level: Main
- Dimensions: 12 x 8.5
Living room
- Level: Main
- Area: 300
- Dimensions: 20 x 15
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
- Laundry: Lower Level
Features
- Bookcases, Breakfast Nook, Ceiling Fan(s), High Speed Internet
- Flooring: Wood, Tile, Concrete
- Windows: Blinds
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,078
- Total interior livable area: 2,078 sqft
- Finished area above ground: 2,078
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Concrete Floors, Brick, Circular Driveway
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Multi-Level Decking, Patio, Porch
- Exterior features: Sidewalk, Rain Gutters, Dock
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: Sandy Bottom, Stony Bottom, Sandy Shoreline
- Body of water: West Bay
- Frontage type: Priv Frontage (Across Rd)
- Frontage length: 114
Lot
- Size: 0.87 Acres
- Dimensions: 114 x 332
- Features: Other
Details
- Additional structures: Shed(s), Guest House
- Parcel number: 1132507000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Cottage
- Property subtype: Single Family Residence
Materials
- Other, Frame
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Private, Other
Community & HOA
Community
- Features: None
- Subdivision: West Bay Waterfront
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $676/sqft
- Tax assessed value: $1,002,000
- Annual tax amount: $13,745
- Price range: $1.4M - $1.4M
- Date on market: 4/14/2025
- Cumulative days on market: 22 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2025 | Sold | $1,405,000+8.2%$676/sqft |
Source:  NGLRMLS #1932419 Report a problem | ||
| 4/17/2025 | Pending sale | $1,299,000$625/sqft |
Source: NGLRMLS #1932419 Report a problem | ||
| 4/14/2025 | Listed for sale | $1,299,000+129.1%$625/sqft |
Source: NGLRMLS #1932419 Report a problem | ||
| 9/20/2002 | Sold | $567,000$273/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,745 +5.4% | $501,000 +5.5% |
| 2024 | $13,038 +5.6% | $475,000 +26.8% |
| 2023 | $12,347 +56.4% | $374,600 +9.1% |
| 2022 | $7,893 +1.1% | $343,300 +2.6% |
| 2021 | $7,810 -0.2% | $334,500 +13.7% |
| 2020 | $7,829 | $294,100 +2.9% |
| 2019 | $7,829 +2% | $285,900 +4.5% |
| 2018 | $7,677 | $273,500 +6.2% |
| 2017 | -- | $257,500 +6.3% |
| 2016 | -- | $242,300 -2.9% |
| 2014 | -- | $249,600 -0.6% |
| 2012 | -- | $251,200 -9.2% |
| 2011 | -- | $276,500 -7.3% |
| 2010 | -- | $298,300 -4% |
| 2009 | -- | $310,700 +3.9% |
| 2008 | -- | $298,900 +0.7% |
| 2007 | -- | $296,900 +18.2% |
| 2005 | -- | $251,100 +1.7% |
| 2004 | -- | $246,889 +7.4% |
| 2003 | -- | $229,807 +4.9% |
| 2002 | -- | $219,084 +25.6% |
| 2001 | -- | $174,414 +33.5% |
| 2000 | -- | $130,647 |
Find assessor info on the county website
Neighborhood: 49686
Nearby homes
- $1,142,9003 bd2 ba2k sqft7148 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,302,1003 bd2 ba3.3k sqft7102 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,401,100-- bd2 ba3.7k sqft7072 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,409,400-- bd-- ba-- sqft7200 Peninsula Dr, Traverse City, MI 49686Off Market
- $870,8005 bd2 ba1k sqft7060 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,447,700-- bd-- ba-- sqft7202 Peninsula Dr, Traverse City, MI 49686Off Market
- $724,5003 bd2 ba1.9k sqft7042 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,930,3004 bd2 ba3.2k sqft7215 Peninsula Dr, Traverse City, MI 49686Off Market
Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 7/10Central High SchoolGrades: 8-12Distance: 1.6 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 5.8 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
- 49686
- 7124 Peninsula Dr
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