377 Peninsula Knolls Lane Traverse City, MI $ 349,000
377 Peninsula Knolls Lane
$ 349,000
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377 Peninsula Knolls Lane

Traverse City, MI, 49686
$ 349,000
Baths0.0

Monthly Estimate*

$ 2,177

377 Peninsula Knolls Lane, Traverse City, MI 49686 - Image 1
377 Peninsula Knolls Lane, Traverse City, MI 49686 - Image 2
377 Peninsula Knolls Lane, Traverse City, MI 49686 - Image 3
377 Peninsula Knolls Lane, Traverse City, MI 49686 - Image 4
377 Peninsula Knolls Lane, Traverse City, MI 49686 - Image 5
Studio

Lots and Land for sale in Traverse City, MI

for $349,000. The lot size is 1.19.

Here is your chance to own the last buildable lot in the highly sought-after Peninsula Knolls subdivision, located at the base of the beautiful Old Mission Peninsula. This stunning 1.19-acre parcel is heavily wooded with gorgeous rolling typography, offering privacy, character, and multiple building site options — perfect for a ranch-style home or a multi story with or without walkout design. Backing up to open space from the neighboring Mission Bay development, this property provides a peaceful setting while being just minutes from downtown Traverse City, local beaches, world-class wineries, and award-winning restaurants. All underground utilities are already on site — including natural gas, electric, cable, and municipal water. There are multiple potential locations for an on-site septic system installation. This location truly has it all — privacy, convenience, natural beauty, and access to all the best that Traverse City and the Old Mission Peninsula have to offer. Don't miss this rare opportunity to build your dream home in one of the area's most desirable neighborhoods.

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Lots and Land Active

Price

$ 349,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

1.19

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1932473

Features
General
Sewer Private Sewer None
Utilities Electricity Available Natural Gas Available Phone Available Cable Available Cable Internet
Possession Close Of Escrow
Township Peninsula
Property Subtype Unimproved Land
Waterfront Features None
Community Features None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Land
Attached Garage N
Subdivision Name Peninsula Knolls
Garage Y/N N
Status Active
Directions Center Rd (M-37) North to Left turn on Wakulat Drive then left on Mathison to right on Knollwood Drive to Peninsula Knolls Lane. Sign on Left
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential Platted Subdivision
Lot Size Units Acres
Lot Size Square Feet 51836.4
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 42219
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Lot 34 Peninsula Knolls #3
Freehold IDX
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Exterior
Exterior Amenities None
Lot Features Rolling Slope Hardwoods Wooded
Water Source Public None
Lot Size Area 1.19
Spa N
Lot Dimensions 152x379x136x342
Lot Size Acres 1.19
Wooded Area 100
Road Surface Type Asphalt
Waterfront Y/N N
Road Responsibility Association Private Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Twin Bay Properties, Llc

Broker

(231) 357-7800

Phone

Affordability Calculator

$2,177
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,177
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2025$349,000 Listed Price

Map


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377 Peninsula Knolls Lane, Traverse City, MI, 49686 is a Lots and Land for sale at $349,000 with a lot size of 1.19. 377 Peninsula Knolls Lane is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI