Exciting opportunity to acquire one of the few remaining undeveloped waterfront parcels on Peninsula Drive this close to town. Build your dream home on a sloping, wooded lot with 100 feet of private beachfront on West Bay.
Sold for $970,000
$970,000
7608 Peninsula Dr, Traverse City, MI 49686
--beds
--baths
0.75Acres
Unimproved Land
Built in ----
0.75 Acres Lot
$947,600 Zestimate®
$--/sqft
$2,617 Estimated rent
Home value
$947,600
$824,000 - $1.09M
$2,617/mo
Zestimate® history
Owner options
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$2,617/mo
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$2,617/mo
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$5,769/mo
Est. payment
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$5,769/mo
Est. payment
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List your homeWhat's special
Undeveloped waterfront parcelsSloping wooded lot
Zillow last checked:
Listing updated:
Listed by:
JEFF KERMATH 734-649-4903,
KERMATH REALTY LLC 734-649-4903
Bought with:
JEFF KERMATH
KERMATH REALTY LLC
Source: NGLRMLS,MLS#: 1943253
Facts & features
Property
Features
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: All Sports, Soft Bottom, Great Lake
- Body of water: West Bay
- Frontage type: Waterfront
- Frontage length: 100
Lot
- Size: 0.75 Acres
- Dimensions: 100 x 348 irreg
- Features: Rolling Slope, Wooded
Details
- Parcel number: 1132501755
- Zoning description: Residential
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: None
Community & HOA
Community
- Features: None
- Subdivision: n.a.
Location
- Region: Traverse City
Financial & listing details
- Tax assessed value: $1,993,600
- Annual tax amount: $7,000
- Price range: $970K - $970K
- Date on market: 3/27/2026
- Cumulative days on market: 103 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Sold | $970,000-3% |
Source:  NGLRMLS #1943253 Report a problem | ||
| 6/17/2026 | Pending sale | $1,000,000 |
Source: NGLRMLS #1943253 Report a problem | ||
| 3/27/2026 | Listed for sale | $1,000,000+400% |
Source: NGLRMLS #1943253 Report a problem | ||
| 8/18/2009 | Sold | $200,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,371,400 +69.7% |
| 2024 | $20,722 +5% | $808,200 +32.8% |
| 2023 | $19,735 +6% | $608,800 +15.9% |
| 2022 | $18,617 +1.2% | $525,300 +0.9% |
| 2021 | $18,401 +0.4% | $520,500 +10.9% |
| 2020 | $18,321 | $469,200 +1% |
| 2019 | $18,321 +2.1% | $464,600 +2% |
| 2018 | $17,943 | $455,400 +11.2% |
| 2017 | -- | $409,600 +6.9% |
| 2016 | -- | $383,000 -1.2% |
| 2014 | -- | $387,600 -4.5% |
| 2012 | -- | $405,900 -12% |
| 2011 | -- | $461,500 +15.4% |
| 2010 | -- | $400,000 -14.8% |
| 2009 | -- | $469,500 +3.6% |
| 2008 | -- | $453,400 +0.3% |
| 2007 | -- | $452,200 +24.2% |
| 2005 | -- | $364,000 +1.6% |
| 2004 | -- | $358,176 +2.8% |
| 2003 | -- | $348,462 +6.6% |
| 2002 | -- | $327,010 +12.2% |
| 2001 | -- | $291,326 +37.7% |
| 2000 | -- | $211,512 |
Find assessor info on the county website
Neighborhood: 49686
Nearby homes
- $544,0001.3 Acres7590 Peninsula Dr, Traverse City, MI 49686Off Market
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- $879,4003 bd2 ba1.7k sqft7558 Peninsula Dr, Traverse City, MI 49686Off Market
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- $719,0002 bd2 ba-- sqft7698 Peninsula Dr, Traverse City, MI 49686Off Market
Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 2 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2.1 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 6.2 mi
Schools provided by the listing agent
- High: Traverse City 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.
- Michigan
- Grand Traverse County
- Traverse City
- 49686
- 7608 Peninsula Dr
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