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7265 Peninsula Drive

Traverse City, MI 49686
  • $1,400,000
  • STATUS: Active Under Contract
  • ON SITE: 16 Days
  • MLS #: 1944648
Under Contract
UPDATED: 29 min ago
$1,400,000
  • 3
    BEDS
  • 0.32
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,654
    SQFT
  • $528
    $/SQFT
Neighborhood:
N/A
Type:
Single-Family Home
Built:
1920
County:

School Ratings & Info

Description

Rare opportunity to own 150 feet of private West Bay frontage on the coveted Old Mission Peninsula, just minutes from downtown Traverse City. This 3-bedroom, 3-bath home offers 2,654 sqft of living space with expansive bay views, abundant natural light, and timeless Northern Michigan character. Enjoy a gradual, sandy-bottom shoreline with a private dock, ideal for swimming, boating, and long summer days on the water. The home features multiple gathering spaces, including a sunroom, formal dining area, and spacious living areas designed to capture the views. Additional highlights include a heated, attached 2-car garage, guest house, and garden/storage shed—offering flexibility for hosting, hobbies, or extra storage. Situated on a .32-acre parcel with mature landscaping, patio, and deck spaces, this property blends privacy with proximity—located approximately 2 miles from the base of the peninsula. A true waterfront lifestyle property with endless potential to update, personalize, or enjoy as-is.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-21T15:51:53.847.
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7265 Peninsula Drive Traverse City, MI 49686

  • Price: $1,400,000
  • Status: Active Under Contract
  • On Site: 16 Days
  • Updated: 29 min ago
  • MLS #: 1944648
3
Beds
2
Baths
1
½ Baths
0.32
Acres
2,654
SQFT
$528
$/SQFT
1920
Built
Neighborhood:
N/A
County:
Grand Traverse
Area:
Grand Traverse
School District:
Traverse City Area Public Schools
Property Description
Rare opportunity to own 150 feet of private West Bay frontage on the coveted Old Mission Peninsula, just minutes from downtown Traverse City. This 3-bedroom, 3-bath home offers 2,654 sqft of living space with expansive bay views, abundant natural light, and timeless Northern Michigan character. Enjoy a gradual, sandy-bottom shoreline with a private dock, ideal for swimming, boating, and long summer days on the water. The home features multiple gathering spaces, including a sunroom, formal dining area, and spacious living areas designed to capture the views. Additional highlights include a heated, attached 2-car garage, guest house, and garden/storage shed—offering flexibility for hosting, hobbies, or extra storage. Situated on a .32-acre parcel with mature landscaping, patio, and deck spaces, this property blends privacy with proximity—located approximately 2 miles from the base of the peninsula. A true waterfront lifestyle property with endless potential to update, personalize, or enjoy as-is.
Exterior Features

Carport YN No Construction Materials FrameVinyl SidingStone Exterior Features DockGardenRain Gutters Foundation Details SlabStonePillar/Post/Pier Garage YN Yes Patio And Porch Features DeckPatio Pool Private YN No Roof Asphalt Spa YN No View Bay View YN Yes Window Features Skylight(s)Bay Window(s)Blinds

Interior Features

ABdrm 2654 Above Grade Finished Area 2654 Above Grade Finished Area Units Square Feet Accessibility Features Covered EntranceBathroom SinkAccessible Kitchen Appliances RefrigeratorOven/RangeDisposalDishwasherMicrowaveWasherDryerExhaust FanElectric Water HeaterGas Water HeaterInstant Hot Water Basement Crawl SpaceExterior Entry Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Below Grade Un Fin Apx Sq Ft 0 Cooling Window A/C Unit(s)DuctlessWindow Unit(s) Cooling YN Yes Fireplace Features Gas Fireplace YN Yes Heating Hot WaterBaseboardFireplace(s)Natural Gas Heating YN Yes Interior Features Entrance FoyerWalk-In Closet(s)Wet BarPantrySolarium/Sun RoomBreakfast NookSolid Surface CountersFormal Dining RoomWorkshopDrywallCeiling Fan(s)Cable TVHigh Speed InternetWiFi Laundry Features Main Level Levels Two Main Level Bathrooms 2 Main Level Bedrooms 1 Num Baths Lower 0 Num Baths Upper 1 Room Bedroom2 Level Upper Room Dining Room Level Main Room Family Room Level Upper Room Kitchen Level Main Room Living Room Level Main Room Master Bathroom Features Private Room Master Bedroom Level Main

Property Features

Association Fee Frequency Annually Association Fee Includes None Attached Garage YN Yes Community Features None Deeded Waterfront Yes ECOFeatures No Frontage Length 150 Frontage Type Waterfront Home Warranty YN No Horse YN No Laundry Length Apx 8'11 Laundry Width Apx 11'2 Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Listing Terms ConventionalCash Lot Features OtherLandscaped Main Floor Primary Yes New Construction YN No Number Of Full Time Employees 14 Open Parking YN Yes Other Structures Shed(s)Guest House Ownership Type Private Owner Parking Features AsphaltEasementAttachedGarage Door OpenerPavedHeated GarageFinished RoomsConcrete Floors Pets Allowed No Possession Negotiable Private Shared Private Property Attached YN No Property Sub Type Single Family Residence Road Responsibility Public Maintained Road Road Surface Type Asphalt Security Features Smoke Detector(s) Sewer Public Sewer Tax Assessed Value 497187 Tax Legal Description N 150 FT OF S 232.5 FT OF THAT PART OF GOV LOT 3 LYING W OF PUBLIC HWY SEC 25 T28N R11W EASEMENT AGREEMENT FOR INGRESS/EGRESS & PARKING RECORDED AT 2015R-13281 AND CORRECTED EASEMENT AGREEMENT RECORDED AT 2015R-17126. BURDENED PROPERTY=325-038-00 BENEFITT Water Body Name West Bay Water Source Public Waterfront Features Rocky ShorelineSandy BottomGradual Slope to WaterGreat LakeStony BottomSandy Shoreline Waterfront YN Yes Zoning Description Residential

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt Traverse City: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-21T15:51:53.847.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684