For sale

$1,275,000

7852 Underwood Rdg, Traverse City, MI 49686

4beds

3,048sqft

Single Family Residence

Built in 2000

1.1 Acres Lot

$1,222,900 Zestimate^®

$418/sqft

$222/mo HOA

What's special

Walk-out lower levelOpen floor planThree-car garageLight-filled living spacesBalcony overlooking the bayPrivate primary suiteLarge foyer

Perched above the sparkling waters of East Bay, this unique residence in Underwood Farms on Old Mission Peninsula offers expansive East Bay views and 500 feet of shared waterfront. Plenty of space with 4 bedrooms, 3.5 baths, and an open floor plan with a large foyer, light-filled living spaces, and a walk-out lower level. Private primary suite features a balcony overlooking the bay. Three-car garage, peaceful setting, and prime location in one of the Peninsula’s most sought-after areas. Ideal for year-round living or a Northern Michigan retreat.

69 days
862
37

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 236.75
Dimensions: 18.1 x 13.08

Bedroom 2

Level: Upper
Area: 223.01
Dimensions: 17.05 x 13.08

Bedroom 3

Level: Upper
Area: 315.66
Dimensions: 21.03 x 15.01

Bedroom 4

Level: Lower
Area: 132.48
Dimensions: 12 x 11.04

Primary bathroom

Features: Private

Dining room

Level: Main
Area: 182.98
Dimensions: 15.11 x 12.11

Family room

Level: Lower
Area: 508.46
Dimensions: 23.07 x 22.04

Kitchen

Level: Main
Area: 242.97
Dimensions: 16.08 x 15.11

Living room

Level: Main
Area: 300
Dimensions: 20 x 15

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan
Laundry: Main Level

Features

Cathedral Ceiling(s), Entrance Foyer, Walk-In Closet(s), Pantry, Granite Counters, Kitchen Island, Mud Room, Den/Study, WiFi
Flooring: Wood, Tile, Carpet
Basement: Walk-Out Access,Finished Rooms,Egress Windows
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,048
Total interior livable area: 3,048 sqft
Finished area above ground: 2,448
Finished area below ground: 600

Video & virtual tour

Property

Parking

Total spaces: 3
Parking features: Attached, Garage Door Opener, Asphalt
Attached garage spaces: 3

Accessibility

Accessibility features: Accessible Hallway(s), Main Floor Access, Covered Entrance

Features

Levels: One and One Half,Two
Stories: 1
Patio & porch: Deck, Patio, Covered, Porch
Exterior features: Sprinkler System, Balcony
Has view: Yes
View description: Bay, Countryside View, Water, Bay View
Has water view: Yes
Water view: Water,Bay
Waterfront features: All Sports
Body of water: East Bay
Frontage length: 500

Lot

Size: 1.1 Acres
Dimensions: 182 x 300 x 132 x 324
Features: Level, Landscaped

Details

Additional structures: None
Parcel number: 281168301800
Zoning description: Residential

Construction

Type & style

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

Materials

Frame, Cement Siding, Brick
Foundation: Poured Concrete
Roof: Asphalt

Condition

New construction: No
Year built: 2000

Utilities & green energy

Sewer: Private Sewer
Water: Public

Community & HOA

Community

Features: Community Dock, Common Area
Subdivision: Underwood Ridge

HOA

Services included: Snow Removal
HOA fee: $2,664 annually

Location

Region: Traverse City

Financial & listing details

Price per square foot: $418/sqft
Tax assessed value: $392,483
Annual tax amount: $10,601
Price range: $1.3M - $1.3M
Date on market: 7/20/2026
Cumulative days on market: 213 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

$1,222,900

$1.16M - $1.28M

$4,228/mo

Price history

Date	Event	Price
7/20/2026	Listed for sale	$1,275,000-5.4%$418/sqft
Source: NGLRMLS #1948229 Report a problem
7/19/2026	Listing removed	$1,348,000$442/sqft
Source: NGLRMLS #1942537 Report a problem
2/26/2026	Listed for sale	$1,348,000+104.6%$442/sqft
Source: NGLRMLS #1942537 Report a problem
5/20/2016	Sold	$659,000-2.4%$216/sqft
Source: NGLRMLS #1799333 Report a problem
4/8/2016	Pending sale	$675,000$221/sqft
Source: Real Estate One-randolph #1799333 Report a problem
5/9/2014	Listed for sale	$675,000$221/sqft
Source: Real Estate One, Inc. #1783739 Report a problem
1/7/2014	Listing removed	$675,000$221/sqft
Source: Coldwell Banker Schmidt REALTORS #1737236 Report a problem
6/23/2012	Listed for sale	$675,000$221/sqft
Source: Coldwell Banker Schmidt REALTORS #1737236 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,601 +5.7%	$610,000 +7.4%
2024	$10,029 +5%	$568,000 +34.1%
2023	$9,551 +7.1%	$423,500 +14.2%
2022	$8,915 +1%	$370,800 +5.7%
2021	$8,825 -0.5%	$350,800 -3.5%
2020	$8,871	$363,400 +12.3%
2019	$8,871 -7.5%	$323,500 -7%
2018	$9,589	$348,000 +0.3%
2017	--	$347,000 -4%
2016	--	$361,600 +21.1%
2014	--	$298,700 +42.6%
2012	--	$209,500 +5.2%
2011	--	$199,100 -12.5%
2010	--	$227,500 -6.9%
2009	--	$244,300 +3.2%
2008	--	$236,800 +3.7%
2007	--	$228,300 +0.3%
2005	--	$227,700 +21.2%
2004	--	$187,923 +3.3%
2003	--	$181,920 +6.6%
2002	--	$170,721 +3.2%
2001	--	$165,437 +118.1%
2000	--	$75,863