For sale

$2,499,000

7200 Peninsula Dr, Traverse City, MI 49686

2beds

3,812sqft

$15,519/mo

Get pre-qualified

Single Family Residence

Built in 1969

1.98 Acres Lot

$2,344,900 Zestimate^®

$656/sqft

$-- HOA

What's special

Large saunaPrivate beachCustom wine cellarLarge screened in porchBalcony deck off masterStainless appliances

One of a Kind Private Beach! 2 BD - 3.5 BA - 3812 Sq Ft Beautiful Home. 3rd Bedroom Easily Added. Fantastic West Bay & Sunset Views! Approx 2 Acre Parklike Parcel with Mature Trees! 148 Ft of Beach with Large Deck and Seawall Rocks Improvements! Dock Sections Included in Sale. Many Updates Including Roof - Natural Gas Furnace & Central AC - Kitchen & Wet Bar Granite Counters - Stainless Appliances - Hedge Row to Create a Private Beach Area Truly Unique! Features Include a Gas Fireplace in LR, Large Screened In Porch (Could be BD #3) Window Walls for Outstanding Views - Balcony Deck Off Master - Large Sauna - Custom Wine Cellar - Wet Bar in Lower Level Family Rm - 3 Car Garage - WOW!

16 days
2,977
270

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Dining Room

Primary bedroom

Level: Upper
Dimensions: 27 x 14.67

Bedroom 2

Level: Main
Area: 216
Dimensions: 18 x 12

Primary bathroom

Features: Private

Dining room

Level: Main
Dimensions: 17 x 12.17

Family room

Level: Lower
Dimensions: 25.67 x 12.17

Kitchen

Level: Main
Dimensions: 21.58 x 11

Living room

Level: Main
Area: 380
Dimensions: 20 x 19

Heating

Forced Air, Natural Gas, Fireplace(s)

Cooling

Central Air

Appliances

Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Freezer, Exhaust Fan, Water Purifier
Laundry: Upper Level

Features

Bookcases, Entrance Foyer, Walk-In Closet(s), Pantry, Breakfast Nook, Other, Sauna, Granite Counters, Den/Study, Beamed Ceilings, Vaulted Ceiling(s), Ceiling Fan(s), Cable TV, High Speed Internet
Flooring: Wood, Tile
Windows: Skylight(s), Blinds
Basement: Daylight,Finished Rooms,Interior Entry
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 3,812
Total interior livable area: 3,812 sqft
Finished area above ground: 3,089
Finished area below ground: 723

Video & virtual tour

Property

Parking

Total spaces: 3
Parking features: Attached, Paved, Concrete Floors, Asphalt, Private
Attached garage spaces: 3
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1
Patio & porch: Deck, Patio, Covered, Screened
Exterior features: Sprinkler System, Balcony, Rain Gutters, Dock
Has view: Yes
View description: Bay, Bay View
Has water view: Yes
Water view: Bay
Waterfront features: Other, Rocky Shoreline, Sandy Bottom, Great Lake, Stony Bottom, Sandy Shoreline
Body of water: West Bay
Frontage type: Priv Frontage (Across Rd)
Frontage length: 148

Lot

Size: 1.98 Acres
Dimensions: 148 x 587
Features: Sloped, Other, Landscaped

Details

Additional structures: None
Parcel number: 1159700100
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary,Craftsman
Property subtype: Single Family Residence

Materials

Other, Frame, Wood Siding
Foundation: Block
Roof: Other

Condition

New construction: No
Year built: 1969

Utilities & green energy

Sewer: Public Sewer
Water: Private

Community & HOA

Community

Features: None
Subdivision: Amended Master Deed

HOA

Services included: None

Location

Region: Traverse City

Financial & listing details

Price per square foot: $656/sqft
Tax assessed value: $404,492
Annual tax amount: $17,583
Price range: $2.5M - $2.5M
Date on market: 8/15/2026
Cumulative days on market: 18 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

$2,344,900

$2.23M - $2.46M

$5,538/mo

Price history

Date	Event	Price
8/15/2026	Listed for sale	$2,499,000$656/sqft
Source: NGLRMLS #1949380 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,583 +5.4%	$779,000 +15.2%
2024	$16,678 +5%	$676,400 +21.4%
2023	$15,884 +6%	$557,200 +51.4%
2022	$14,984 +1.2%	$368,100 +5%
2021	$14,810 -1.4%	$350,600 +6%
2020	$15,026	$330,800
2019	$15,026 +1.3%	$330,800
2018	$14,827	$330,800
2017	--	$330,800
2016	--	$330,800 +5%
2014	--	$315,000 -10%
2010	--	$350,000
2009	--	$350,000 +7.7%
2008	--	$325,000
2007	--	$325,000 -8.2%
2005	--	$354,200
2004	--	$354,200 +9.5%
2003	--	$323,400 +3.1%
2002	--	$313,690 +0.1%
2001	--	$313,453 +12.1%
2000	--	$279,642