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Off market
  • $1,584,900

    8262 Peninsula Dr, Traverse City, MI 49686

    4beds
    2,656sqft
    SingleFamily
    Built in 2018
    1.52 Acres Lot
    $1,584,900 Zestimate®
    $597/sqft
    $5,300 Estimated rent

    Home value

    $1,584,900

    $1.39M - $1.79M

    $5,300/mo

    Zestimate® history
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    $9,638/mo

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    $9,638/mo

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    What's special

    Extra large gas fireplaceRare private frontageSpectacular west bay sunsetsLarge cedar back porchExtra large cedar deckCovered front cedar porchPrivate beach frontage

    SPECTACULAR WEST BAY SUNSETS!!! Our custom Modern Farmhouse was built in 2018, offers 1.519 acres on a beautiful rolling hill, an amazing 204' of rare private frontage, and ONLY 2.5 miles from downtown Traverse City and 15 minutes from the Cherry Capital Airport (TVC). Our home is like new and move-in ready! It features extra large windows throughout offering an indoor/outdoor feel with breathtaking views, a large open living room/kitchen/dining room concept with 9' ceilings with a sliding patio door that opens up to the extra large cedar deck for the heavenly West Bay view, chef kitchen with Wolf & Sub-Zero appliances, Cambria quartz countertops, Kohler faucets, extra large gas fireplace, custom motorized living room shades, custom blinds throughout, main floor master bedroom suite with sliding door that opens to the extra large front cedar deck for the heavenly West Bay view, master suite including bedroom, custom wood barn door, bathroom with glass shower door with classic white porcelain subway tile, Cambria double sink countertop, all Kohler, extra large freestanding soaking tub, huge walk-in closet with Electrolux stackable washer & dryer, 1/2 bath on main floor with custom wood barn door, upstairs 1 extra large loft bedroom/family room with stunning West/North water and nature views with 8' ceilings, walk-in closet, 3rd spacious bedroom with South/East nature views, large closet, 4th spacious bedroom with South/West water and nature views, large closet, 1 full bathroom with shower with classic white porcelain subway tile, all Kohler, Cambria quartz countertop, beautiful white oak wood/glass stairway, an additional 1,456 sq. ft. unfinished basement with 9' ceiling that can be finished for your needs, extra large covered front cedar porch, large cedar back porch, and a spacious cement patio for entertaining or washing the sand off your feet. Included is a heated 2 car garage with ample storage space and a second cement pad off the back of the garage, underground sprinkler system, and a large driveway with enough space to play pickleball. Our home is surrounded by abundant nature and animals and let’s not forget about the beautiful morning sunrise that rises over the back hillside. Watch sunsets, eagles, birds, deer, Cherry Festival fireworks, Thunderbirds fly down the bay, boat cruises, sailboats, or jump into your own boat and go explore Power Island, Sutton’s Bay, Elk Rapids or better yet go walk and look for beach glass along the 204’ plus private beach frontage, or ride bikes downtown for shopping, ice cream, concerts, festivals, and dinner. Call to schedule your private showing. We invite you to see our home by yourself or to come with your Agent/Broker/Realtor. We're excited to show you this stunning home!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,656 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Shingle, Wood, Cement / Concrete, Metal
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.52 Acres
    Details
    • Parcel number: 1132404001

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2018

    Community & HOA

    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $597/sqft
    • Tax assessed value: $1,718,600
    • Annual tax amount: $13,508

    Price history

    DateEventPrice
    10/9/2025Listing removed--
    Source: Owner Report a problem
    7/30/2025Price change$3,175,000-7.3%$1,195/sqft
    Source: Owner Report a problem
    4/30/2025Listed for sale$3,425,000$1,290/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,508 +5.7%$859,300 +24.3%
    2024$12,779 +5%$691,200 +26.2%
    2023$12,170 +7.1%$547,700 +6.3%
    2022$11,360 +1%$515,400 +3.1%
    2021$11,245 -0.5%$500,100 +16.8%
    2020$11,304 $428,300 +3.9%
    2019$11,304 -15.3%$412,200 +40.7%
    2018$13,347 $293,000 +49.9%
    2017-- $195,500 +7.4%
    2016-- $182,000
    2014-- $182,000
    Find assessor info on the county website

    Neighborhood: 49686

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,584,900
    2% more
    +$31,698
    With Zillow Showcase(estimated)
    $1,616,598