Old Mission Peninsula family paradise home about three miles from Traverse City with 114 feet of private West Bay frontage. This home offers 4 bedrooms, 3 baths, main floor living, 4,087 SF, sauna, generous sized rooms, whole house generator and a separate structure that is insulated, heated and includes a work shop and a space that can be used as an office or game room. With 1.3 acres there is plenty of play space with a pool and a hot tub. For additional storage there is a 10X15 shed. All of this and you're just minutes from all of the conveniences of town, churches, Munson Hospital, Cherry Capital Airport, boutique shopping, movie theaters, marinas, wineries, breweries, restaurants and more!
Sold for $1,375,000
$1,375,000
8696 Peninsula Dr, Traverse City, MI 49686
4beds
4,087sqft
Single Family Residence
Built in 1952
1.32 Acres Lot
$1,649,200 Zestimate®
$336/sqft
$6,309 Estimated rent
Home value
$1,649,200
$1.47M - $1.88M
$6,309/mo
Zestimate® history
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List your homeWhat's special
Work shopBoutique shoppingMovie theatersWhole house generatorMunson hospitalSeparate structureGenerous sized rooms
Zillow last checked:
Listing updated:
Listed by:
Karen Schmidt Cell:231-218-4463,
Coldwell Banker Schmidt Traver 231-922-2350,
Danielle Jerome,
Coldwell Banker Schmidt Traver
Bought with:
Rebecca Schubert, 6501338744
The Mitten Real Estate Group
Source: NGLRMLS,MLS#: 1915502
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Game Room, Workshop
Primary bedroom
- Level: Main
- Area: 194.36
- Dimensions: 17.2 x 11.3
Bedroom 2
- Level: Main
- Area: 217.98
- Dimensions: 17.3 x 12.6
Bedroom 3
- Level: Upper
- Area: 127.71
- Dimensions: 9.9 x 12.9
Bedroom 4
- Level: Upper
- Area: 127.71
- Dimensions: 9.9 x 12.9
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 162.72
- Dimensions: 14.4 x 11.3
Kitchen
- Level: Main
- Area: 134.82
- Dimensions: 12.6 x 10.7
Living room
- Level: Main
- Area: 301.92
- Dimensions: 20.4 x 14.8
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Oven/Range, Dishwasher, Washer, Dryer
- Laundry: Main Level
Features
- Entrance Foyer, Walk-In Closet(s), Sauna, Mud Room, Drywall, Paneling, WiFi
- Flooring: Carpet, Wood
- Has fireplace: Yes
Interior area
- Total structure area: 4,087
- Total interior livable area: 4,087 sqft
- Finished area above ground: 3,356
- Finished area below ground: 731
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt
- Attached garage spaces: 2
Accessibility
- Accessibility features: Covered Entrance
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Water, Bay View
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: All Sports, Sandy Bottom, Great Lake, Lake
- Body of water: West Bay
- Frontage type: Priv Frontage (Across Rd)
- Frontage length: 114
Lot
- Size: 1.32 Acres
- Dimensions: 114 x 504
- Features: Cleared, Wooded, Level, Landscaped, Metes and Bounds
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 1132401600
- Zoning description: Residential
- Other equipment: Dish TV
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1952
- Major remodel year: 1991
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: Metes and Bounds
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $336/sqft
- Tax assessed value: $1,372,000
- Annual tax amount: $14,071
- Price range: $1.4M - $1.4M
- Date on market: 9/8/2023
- Cumulative days on market: 206 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,VA Loan,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2024 | Sold | $1,375,000-6.1%$336/sqft |
Source:  NGLRMLS #1915502 Report a problem | ||
| 1/22/2024 | Price change | $1,465,000-6.4%$358/sqft |
Source: NGLRMLS #1915502 Report a problem | ||
| 9/8/2023 | Listed for sale | $1,565,000$383/sqft |
Source: NGLRMLS #1915502 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,071 +74.7% | $686,000 +4% |
| 2024 | $8,054 +5% | $659,800 +24% |
| 2023 | $7,670 +7.1% | $531,900 +5.4% |
| 2022 | $7,159 +1% | $504,600 +3.7% |
| 2021 | $7,087 -0.5% | $486,700 +15.3% |
| 2020 | $7,124 | $422,100 +4% |
| 2019 | $7,124 +1.9% | $405,800 +12.5% |
| 2018 | $6,990 | $360,600 +4.2% |
| 2017 | -- | $346,100 +6.1% |
| 2016 | -- | $326,200 -3.7% |
| 2014 | -- | $338,900 +1.2% |
| 2012 | -- | $335,000 -7.9% |
| 2011 | -- | $363,900 +7.9% |
| 2010 | -- | $337,400 -0.5% |
| 2009 | -- | $339,100 +0.9% |
| 2008 | -- | $336,200 +2.3% |
| 2007 | -- | $328,600 +8.5% |
| 2005 | -- | $302,800 +8.1% |
| 2004 | -- | $280,141 +2.3% |
| 2003 | -- | $273,773 +6.6% |
| 2002 | -- | $256,919 +18.2% |
| 2001 | -- | $217,451 +22.4% |
| 2000 | -- | $177,682 |
Find assessor info on the county website
Neighborhood: 49686
Nearby homes
- $958,2003 bd2 ba1.6k sqft8680 Peninsula Dr, Traverse City, MI 49686Off Market
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Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 7/10Central High SchoolGrades: 8-12Distance: 3.2 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 7.2 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
- 8696 Peninsula Dr
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