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1941 N US-31 N # 55 Traverse City, MI $ 850,000
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$ 850,000 Get more info
1941 N US-31 N # 55
$ 850,000
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Share Save

1941 N US-31 N # 55

Traverse City, MI, 49686
$ 850,000
Bedrooms2 Baths2.0 Sq 1,117

Monthly Estimate*

$ 5,303

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Single Family Home for sale in Traverse City, MI

for $850,000 with 2 bedrooms and 2 full baths. This 1,117 square foot home was built in 2006.

Stunning Peninsula Bay top floor condo on Miracle Mile’s walkable sandy beach w/ breathtaking views of East Bay. This upscale development offers all the extras, inviting lobby, elevator, groomed beach w/ chaise lounges, heated pool, hot tub, grill area w/ tables & chairs, 330 ft of frontage, heated sidewalks. Open floor plan, gas f/p, kitchen w/high end appliances, gas stove, double drawer dishwasher, granite, custom cabinets & large pantry. Water-side primary suite w/ walk-in shower. Both bd’s have w/ walk-in closets, granite in bathrooms. Newer luxury vinyl plank floors. Washer/dryer. Large, covered waterfront balcony to watch sunsets from. Short-term rentals allowed.

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Single Family Active

Price

$ 850,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Contemporary

Year Built

2006

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1938032
Features
Interior
Interior Amenities Entrance Foyer Walk-In Closet(s) Pantry Granite Bath Tops Granite Counters Solid Surface Counters Kitchen Island Great Room Cable TV High Speed Internet WiFi
Flooring Tile
Fireplace Features Gas
Kitchen Level Main
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1117
Half Baths 0
3/4 Baths 0
Laundry Features Main Level
Total Bedrooms 2
Below Grade Finished Area 0
Living Room Level Main
Main Level Bedrooms 2
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
Primary Bathroom Features Private
Kitchen Area 131.022
Kitchen Length 13.05
Kitchen Width 10.04
Primary on Main 131.2121
Second Bedroom Length 13.03
Second Bedroom Width 10.07
Dining Room Width 15.05
Living Room Length 20.03
Primary Bedroom Area 157.5135
Primary Bedroom Length 13.05
Primary Bedroom Width 12.07
Dining Room Level Main
Second Bedroom Level Main
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General
Sewer Public Sewer
Heating Forced Air Fireplace(s) Natural Gas
Possession Negotiable
Roof Other
Appliances Refrigerator Oven/Range Disposal Dishwasher Microwave Washer Dryer Exhaust Fan Gas Water Heater
HOA Fee 6054
Garage Spaces 0
Association Fee Includes Water Sewer Trash Snow Removal Maintenance Structure Liability Insurance
Architectural Style Contemporary
Pool Features In Ground
Security Features Smoke Detector(s)
Construction Materials Timber Frame Stone Wood Siding
Pets Allowed false
Year Built 2006
View Water Bay View Bay
Township East Bay
Unit Number 55
Property Subtype Single Family Residence
Waterfront Features All Sports Sandy Bottom Great Lake
Community Features Pool Lake Privileges
Accessibility Handicap Access Accessible Elevator Installed
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Peninsula Bay Resort
Garage Y/N N
Other Structures None
Full Baths 2
Status Active
Directions East on US-31 North before 4 Mile Road.
City Traverse City
Body of Water East Bay
Entry Location Stairway (Indoor) Elevator Third Floor Lvl or Higher
High School District Traverse City Area Public Schools
Zoning Description Residential Deed Restrictions
Lot Size Units Acres
Carport Y/N N
Spa Features Hot Tub
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Primary Bedroom Level Main
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
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description UNIT 55 PENINSULA BAY RESORT CONDOMINIUM SEC 8 T27N R10W MASTER DEED 2005C-00001 1ST AMEND TO MASTER DEED 2007R-00067 2ND AMEND TO MASTER DEED 2008C-00013 2ND AMEND (THIRD) TO MASTER DEED 2011C-00001
Year Built Effective 2024
Freehold IDX
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Exterior
Exterior Amenities Balcony Sidewalk
Parking Features Asphalt None
Lot Features Level Landscaped
Water Source Public
Foundation Details Block Other
Number of Buildings 1
Spa Y
Road Surface Type Asphalt
Frontage Length 330
Frontage Type Waterfront
Waterfront Y/N Y
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Remax Bayshore - Union St Tc

Broker

(231) 941-4500

Phone

Affordability Calculator

$5,303
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,303
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/26/2025$850,000 -5.03% Price Down
8/28/2025$895,000 Listed Price

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1941 N US-31 N # 55, Traverse City, MI, 49686 is a Single Family Home for sale at $850,000 with 1,117 sqft. 1941 N US-31 N # 55 has 2 bedrooms, 2.0 baths, and was built in 2006. The property's zip code is 49686 which is in Traverse City, MI

Get more info