Rare opportunity to own 150 feet of private West Bay frontage on the coveted Old Mission Peninsula, just minutes from downtown Traverse City. This 3-bedroom, 3-bath home offers 2,654 sqft of living space with expansive bay views, abundant natural light, and timeless Northern Michigan character. Enjoy a gradual, sandy-bottom shoreline with a private dock, ideal for swimming, boating, and long summer days on the water. The home features multiple gathering spaces, including a sunroom, formal dining area, and spacious living areas designed to capture the views. Additional highlights include a heated, attached 2-car garage, guest house, and garden/storage shed—offering flexibility for hosting, hobbies, or extra storage. Situated on a .32-acre parcel with mature landscaping, patio, and deck spaces, this property blends privacy with proximity—located approximately 2 miles from the base of the peninsula. A true waterfront lifestyle property with endless potential to update, personalize, or enjoy as-is.
Sold for $1,400,000
$1,400,000
7265 Peninsula Dr, Traverse City, MI 49686
3beds
2,654sqft
Single Family Residence
Built in 1920
0.32 Acres Lot
$1,400,600 Zestimate®
$528/sqft
$4,335 Estimated rent
Home value
$1,400,600
$1.30M - $1.51M
$4,335/mo
Zestimate® history
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List your homeWhat's special
Private dockMultiple gathering spacesMature landscapingTimeless northern michigan characterAbundant natural lightGradual sandy-bottom shorelineFormal dining area
Zillow last checked:
Listing updated:
Listed by:
Shawn Schmidt Cell:231-499-1990,
Coldwell Banker Schmidt Traverse City 231-922-2350
Bought with:
Eric Senff, 6501446954
REO-TCRandolph-233022
Source: NGLRMLS,MLS#: 1944648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Dining Room, Workshop
Primary bedroom
- Level: Main
- Area: 213.15
- Dimensions: 12.42 x 17.17
Bedroom 2
- Level: Upper
- Area: 143.44
- Dimensions: 11.25 x 12.75
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 112
- Dimensions: 10.5 x 10.67
Family room
- Level: Upper
- Area: 227.46
- Dimensions: 13.25 x 17.17
Kitchen
- Level: Main
- Area: 147.5
- Dimensions: 14.75 x 10
Living room
- Level: Main
- Area: 244.63
- Dimensions: 14.25 x 17.17
Heating
- Hot Water, Baseboard, Natural Gas, Fireplace(s)
Cooling
- Ductless, Window Unit(s), Window A/C Unit(s)
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Electric Water Heater, Gas Water Heater, Instant Hot Water
- Laundry: Main Level
Features
- Entrance Foyer, Walk-In Closet(s), Wet Bar, Pantry, Solarium/Sun Room, Breakfast Nook, Solid Surface Counters, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Windows: Skylight(s), Bay Window(s), Blinds
- Basement: Crawl Space,Exterior Entry
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,654
- Total interior livable area: 2,654 sqft
- Finished area above ground: 2,654
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Paved, Heated Garage, Finished Rooms, Concrete Floors, Asphalt, Easement
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Covered Entrance, Bathroom Sink, Accessible Kitchen
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Garden, Rain Gutters, Dock
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Rocky Shoreline, Sandy Bottom, Gradual Slope to Water, Great Lake, Stony Bottom, Sandy Shoreline
- Body of water: West Bay
- Frontage type: Waterfront
- Frontage length: 150
Lot
- Size: 0.32 Acres
- Features: Other, Landscaped
Details
- Additional structures: Shed(s), Guest House
- Parcel number: 1132506700
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding, Stone
- Foundation: Slab, Stone, Pillar/Post/Pier
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: N/A
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $528/sqft
- Tax assessed value: $497,187
- Annual tax amount: $13,076
- Price range: $1.4M - $1.4M
- Date on market: 5/4/2026
- Cumulative days on market: 57 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $1,400,000$528/sqft |
Source:  NGLRMLS #1944648 Report a problem | ||
| 5/4/2026 | Listed for sale | $1,400,000+56.4%$528/sqft |
Source: NGLRMLS #1944648 Report a problem | ||
| 11/15/2016 | Sold | $895,000$337/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,076 +5.7% | $647,500 +16.8% |
| 2024 | $12,370 -1.8% | $554,200 +23.9% |
| 2023 | $12,598 +7.1% | $447,200 -2.3% |
| 2022 | $11,759 -39.6% | $457,600 -5.6% |
| 2021 | $19,467 +0.4% | $484,700 +4.3% |
| 2020 | $19,382 | $464,700 +8.9% |
| 2019 | $19,382 0% | $426,700 +0.3% |
| 2018 | $19,383 | $425,500 -0.1% |
| 2017 | -- | $426,000 -0.5% |
| 2016 | -- | $428,100 -1.5% |
| 2014 | -- | $434,700 +2.5% |
| 2012 | -- | $424,000 +0% |
| 2011 | -- | $423,900 -6.5% |
| 2010 | -- | $453,200 -2.4% |
| 2009 | -- | $464,200 -1% |
| 2008 | -- | $469,100 +0.4% |
| 2007 | -- | $467,300 +39.8% |
| 2005 | -- | $334,300 +13.4% |
| 2004 | -- | $294,749 +3.5% |
| 2003 | -- | $284,782 +6.6% |
| 2002 | -- | $267,250 +8.9% |
| 2001 | -- | $245,432 +62.8% |
| 2000 | -- | $150,736 |
Find assessor info on the county website
Neighborhood: 49686
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Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10Central High SchoolGrades: 8-12Distance: 1.8 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 5.9 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
- 7265 Peninsula Dr
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