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Sold for $850,000
  • $850,000

    8854 Peninsula Dr, Traverse City, MI 49686

    2beds
    1,705sqft
    Single Family Residence
    Built in 1986
    0.65 Acres Lot
    $978,100 Zestimate®
    $499/sqft
    $3,174 Estimated rent

    Home value

    $978,100

    $910,000 - $1.07M

    $3,174/mo

    Zestimate® history
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    What's special

    Stunning sunsetsStunning viewsVerdant landscapeMetal roof
    Verdant landscape and stunning views await you in this beautiful and updated ranch with 80' of shared access (directly across the street) on West Grand Traverse Bay. Just a few miles from downtown Traverse City but situated perfectly on Old Mission Peninsula, explore the iconic area, beaches, and wineries. Enjoy stunning sunsets, a four season sunroom, a two way gas fireplace, and main floor living at its finest. Owners have thoughtfully updated most of the home- New Anderson windows (2023), HVAC (2018), Metal roof (2015), Carpet (2023), and freshly painted!

    Zillow last checked:

    Listing updated:

    Listed by:

    Meghan Zammit Cell:231-360-4382,

    Century 21 Northland 231-929-7900

    Bought with:

    Debra Franks, 6501246823

    REO-TCRandolph-233022

    Source: NGLRMLS,MLS#: 1914088MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Great Room
    Primary bedroom
    • Level: Main
    • Area: 246.4
    • Dimensions: 16 x 15.4
    Bedroom 2
    • Level: Main
    • Area: 130.98
    • Dimensions: 11.1 x 11.8
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Area: 180
    • Dimensions: 15 x 12
    Kitchen
    • Level: Main
    • Area: 199.68
    • Dimensions: 15.6 x 12.8
    Living room
    • Level: Main
    • Area: 302.1
    • Dimensions: 19 x 15.9
    Heating
    • Forced Air, Natural Gas, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Exhaust Fan
    • Laundry: Main Level
    Features
    • Bookcases, Pantry, Solarium/Sun Room, Kitchen Island, Mud Room, Cable TV, High Speed Internet, WiFi
    • Flooring: Wood, Carpet, Vinyl
    • Basement: Full,Daylight,Egress Windows
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,705
    • Total interior livable area: 1,705 sqft
    • Finished area above ground: 1,705
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Paved, Concrete Floors, Asphalt, Circular Driveway, Private
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Has view: Yes
    • View description: Bay, Water, Bay View
    • Has water view: Yes
    • Water view: Water,Bay
    • Waterfront features: Sandy Bottom, Deeded Easement, Great Lake, Lake
    • Body of water: West Bay
    • Frontage length: 80
    Lot
    • Size: 0.65 Acres
    • Dimensions: 91 x 311.14
    • Features: Wooded, Level, Sloped, Metes and Bounds
    Details
    • Additional structures: None
    • Parcel number: 1132400510
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Cement Siding
    • Foundation: Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1986
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: None
    • Subdivision: metes&bounds
    HOA
    • Services included: None
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $499/sqft
    • Tax assessed value: $942,200
    • Annual tax amount: $18,894
    • Price range: $850K - $850K
    • Date on market: 8/3/2023
    • Cumulative days on market: 27 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner

    Price history

    DateEventPrice
    8/30/2023Sold$850,000+13.3%$499/sqft
    Source: NGLRMLS #1914088 Report a problem
    8/14/2023Pending sale$750,000$440/sqft
    Source: NGLRMLS #1914088 Report a problem
    8/3/2023Listed for sale$750,000+114.3%$440/sqft
    Source: NGLRMLS #1914088 Report a problem
    6/2/2015Sold$350,000-6.6%$205/sqft
    Source: Agent Provided Report a problem
    4/20/2015Pending sale$374,900+7.1%$220/sqft
    Source: Coldwell Banker Schmidt, Realtors #1784515 Report a problem
    1/20/2015Sold$350,000-6.6%$205/sqft
    Source: Agent Provided Report a problem
    8/31/2014Price change$374,900-5%$220/sqft
    Source: Coldwell Banker Schmidt REALTORS #1784515 Report a problem
    7/31/2014Price change$394,750-1.3%$232/sqft
    Source: Coldwell Banker Schmidt REALTORS #1784515 Report a problem
    5/21/2014Price change$399,750+0.2%$234/sqft
    Source: Coldwell Banker Schmidt REALTORS #1784515 Report a problem
    3/20/2014Price change$399,000-3.9%$234/sqft
    Source: Traverse North Realty #1777033 Report a problem
    11/21/2013Price change$415,000-2.4%$243/sqft
    Source: Traverse North Realty #1777033 Report a problem
    10/4/2013Listed for sale$425,000+63.5%$249/sqft
    Source: Traverse North Realty #1777033 Report a problem
    11/15/1995Sold$260,000$152/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,894 +93.6%$471,100 +14.8%
    2024$9,760 +5%$410,500 +62.2%
    2023$9,295 +7.5%$253,100 +6%
    2022$8,647 +1.2%$238,800 +3.6%
    2021$8,547 +0.4%$230,600 +2.3%
    2020$8,510 $225,500 +4.9%
    2019$8,510 +2.1%$214,900 +17.4%
    2018$8,334 $183,100 +1.4%
    2017-- $180,600 +1.7%
    2016-- $177,600 -1.4%
    2014-- $180,200 +5%
    2012-- $171,600 +12.3%
    2011-- $152,800 +6.8%
    2010-- $143,100 -11.6%
    2009-- $161,800 -5.4%
    2008-- $171,000 +4.3%
    2007-- $164,000 -1.1%
    2005-- $165,900 +1.5%
    2004-- $163,449 +0.6%
    2003-- $162,517 +6.6%
    2002-- $152,512 +9.5%
    2001-- $139,290 +12.6%
    2000-- $123,733
    Find assessor info on the county website

    Neighborhood: 49686

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Eastern Elementary School
    • Middle: Traverse City East Middle School
    • High: Central 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.

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    $997,662