Set along 111 feet of pristine, sandy beach on coveted Old Mission Peninsula, this exceptional waterfront estate offers a rare blend of privacy and proximity, ideally located just two miles from the city limits. Thoughtfully designed for refined living and effortless entertaining, the residence showcases a seamless open floor plan where the living, dining, and kitchen spaces are all oriented to capture sweeping West Bay views from nearly every vantage point. The private primary suite serves as a true retreat, featuring a spa-like ensuite with a jetted soaking tub, walk-in shower, spacious dual vanities, and a well-appointed kitchenette. Elevated finishes and intentional design details are found throughout, including a spacious butler’s pantry, main level laundry, dedicated home office area, and additional versatile areas that enhance both comfort and functionality. Multiple outdoor living spaces provide an exceptional setting for gathering or unwinding, all framed by breathtaking sunsets over the bay, while a charming additional cabin offers a welcoming space for guests. A two-car garage, with integrated carport, offers ample room for vehicles and lakefront essentials. This is your opportunity to experience the very best of Old Mission Peninsula waterfront living!
Sold for $1,850,000
$1,850,000
7878 Peninsula Dr, Traverse City, MI 49686
3beds
2,908sqft
Single Family Residence
Built in 1950
1.2 Acres Lot
$1,851,100 Zestimate®
$636/sqft
$5,048 Estimated rent
Home value
$1,851,100
$1.70M - $2.02M
$5,048/mo
Zestimate® history
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List your homeWhat's special
Dedicated home office areaSeamless open floor planMain level laundryMultiple outdoor living spacesWalk-in showerSpacious dual vanitiesWell-appointed kitchenette
Zillow last checked:
Listing updated:
Listed by:
Matthew Geib Cell:231-357-3265,
Viewpoint Realty 231-943-6145
Bought with:
Carly Petrucci, 6501377360
Coldwell Banker Schmidt Traverse City
Source: NGLRMLS,MLS#: 1945017
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Dining Room
Primary bedroom
- Level: Upper
- Area: 355.2
- Dimensions: 24 x 14.8
Bedroom 2
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Bedroom 3
- Level: Upper
- Area: 125
- Dimensions: 12.5 x 10
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 162
- Dimensions: 13.5 x 12
Kitchen
- Level: Main
- Area: 221.25
- Dimensions: 15 x 14.75
Living room
- Level: Main
- Area: 360
- Dimensions: 20 x 18
Heating
- Forced Air, Radiant Floor, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer, Oven, Cooktop, Gas Water Heater, Humidifier
- Laundry: Main Level
Features
- Entrance Foyer, Pantry, Breakfast Nook, Granite Bath Tops, Granite Counters, Kitchen Island, Mud Room, Den/Study, Ceiling Fan(s), Cable TV, High Speed Internet
- Flooring: Laminate, Other
- Windows: Blinds, Drapes, Curtain Rods
- Has fireplace: Yes
- Fireplace features: Gas, Electric
Interior area
- Total structure area: 2,908
- Total interior livable area: 2,908 sqft
- Finished area above ground: 2,908
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Paved, Concrete Floors, Asphalt, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Covered, Porch
- Exterior features: Sprinkler System, Rain Gutters
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Bay, Water, Bay View
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: All Sports, Sandy Bottom, Great Lake, Lake, Sandy Shoreline
- Body of water: West Bay
- Frontage type: Priv Frontage (Across Rd)
- Frontage length: 111
Lot
- Size: 1.2 Acres
- Dimensions: 111 x 532 x 112 x 477
- Features: Cleared, Rolling Slope, Landscaped, Metes and Bounds
Details
- Additional structures: Shed(s), Other
- Parcel number: 1132500900
- Zoning description: Residential,Outbuildings Allowed
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding, Stone
- Foundation: Slab
- Roof: Composition,Membrane
Condition
- New construction: No
- Year built: 1950
- Major remodel year: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Metes and bounds
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $636/sqft
- Tax assessed value: $330,229
- Price range: $1.9M - $1.9M
- Date on market: 5/12/2026
- Cumulative days on market: 34 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $1,850,000-3.9%$636/sqft |
Source:  NGLRMLS #1945017 Report a problem | ||
| 5/12/2026 | Listed for sale | $1,925,000+383.1%$662/sqft |
Source: NGLRMLS #1945017 Report a problem | ||
| 8/27/2013 | Sold | $398,500$137/sqft |
Source: Public Record Report a problem | ||
| 7/27/2013 | Listed for sale | $398,500$137/sqft |
Source: Re/max Bayshore Properties #1749475 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $494,000 +1.1% |
| 2024 | -- | $488,700 +27.2% |
| 2023 | $7,672 +7.1% | $384,100 +6.7% |
| 2022 | $7,161 +1% | $360,100 +2.6% |
| 2021 | $7,089 -0.5% | $351,100 +15% |
| 2020 | $7,126 | $305,400 +3% |
| 2019 | $7,126 +1.9% | $296,400 +4.8% |
| 2018 | $6,992 | $282,800 +6.4% |
| 2017 | -- | $265,800 +7.2% |
| 2016 | -- | $247,900 +4% |
| 2014 | -- | $238,300 -6% |
| 2012 | -- | $253,400 -9.2% |
| 2011 | -- | $279,100 +6.8% |
| 2010 | -- | $261,300 -3.9% |
| 2009 | -- | $272,000 +2% |
| 2008 | -- | $266,700 +0.7% |
| 2007 | -- | $264,900 +15.5% |
| 2005 | -- | $229,300 +1.7% |
| 2004 | -- | $225,550 +1.2% |
| 2003 | -- | $222,930 +6.6% |
| 2002 | -- | $209,206 +12.2% |
| 2001 | -- | $186,475 +41.4% |
| 2000 | -- | $131,909 |
Find assessor info on the county website
Neighborhood: 49686
Nearby homes
- $586,6002 bd1 ba950 sqft7888 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,184,3004 bd2 ba1.4k sqft7896 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,086,2003 bd2 ba1.3k sqft7856 Peninsula Dr, Traverse City, MI 49686Off Market
- $965,2002 bd2 ba1.9k sqft7910 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,178,6003 bd2 ba2.4k sqft7844 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,290,0004 bd3 ba2.2k sqft7926 Peninsula Dr, Traverse City, MI 49686Sold
- $1,755,1003 bd2 ba3.8k sqft7822 Peninsula Dr, Traverse City, MI 49686Off Market
- $1,194,8003 bd3 ba2.5k sqft7944 Peninsula Dr, Traverse City, MI 49686Off Market
Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2.4 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 6.5 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
- 7878 Peninsula Dr
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