12016 Peninsula Drive Traverse City, MI ^$ 1,100,000

12016 Peninsula Drive

^$ 1,100,000

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Recently Listed

12016 Peninsula Drive

Traverse City, MI, 49686

^$ 1,100,000

Bedrooms4 Baths3.0 Sq 1,208

Monthly Estimate*

^$ 6,773

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Single Family Home for sale in Traverse City, MI

for $1,100,000 with 4 bedrooms and 3 full baths. This 1,208 square foot home was built in 1971 on a lot size of 1.

Extremely rare opportunity to purchase two adjacent properties on Peninsula Drive and Braemar Drive in Traverse City, offered together as a unique package. The offering includes a .5-acre vacant lot with approximately 100 feet of private frontage on Peninsula Drive, along with a 4-bedroom, 3-bath home on a .5-acre lot on Braemar Drive featuring shared water access. Together, these properties present exceptional potential for a private estate, redevelopment, or long-term investment in one of Traverse CityÃ¢â¬â¢s most sought-after locations. Just minutes from downtown Traverse City, beaches, wineries, and year-round recreation. Opportunities of this caliber, size, and proximity are seldom available.

Single Family Active

Price

^$ 1,100,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

Year Built

1971

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80064897

Features

General

Heating Baseboard Hot Water

Kitchen Level Main

Possession Negotiable (Possession)

Garage Attached Garage Gar Door Opener

Water Private Well

Appliances Dishwasher Dryer Refrigerator Washer

Status Active Active

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1971

Parking Garage

Subdivision Braemar Estates MI

County Grand Traverse

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Peninsula Twp

Section 32

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available

Structure Style Quad-Level

Area Peninsula Twp (28011)

Primary City Traverse City

Directions Take Peninsula Dr right on Nelson left on Braemar home on left. For lot stay on Peninsula Dr pass Nelson Rd and will be on right

City Traverse City

School District Traverse City Area Public School

Financial Terms Cash Conventional Exchange/Trade FHA VA

Legal Description See assoc docs

DOM 0

Postal Code 49686

Price Per Sq Ft Total AG 910.6

Public Remarks Extremely rare opportunity to purchase two adjacent properties on Peninsula Drive and Braemar Drive in Traverse City

Interior

Dining Room Level Main

Basement Block Partially Finished

Bedroom 3 Level Upper

Bedroom 1 Level Upper

Bedroom 2 Level Upper

Beds 4

Fireplace? Yes

Exterior

Exterior Aluminum

Exterior Amenities Deck

Frontage 100

Body of Water West Bay

Lot Size Area 1

Lot Dimensions Irregular

Water Features All Sports Lake Great Lake Sandy Bottom Waterfront

Waterfront Y/N Yes

Frontage Type Water

* Excluded Features

List By

Kate Reichard

Listing Agent

Century 21 Northland

Broker

Kate@c21northland.com

Affordability Calculator

$6,773

Per Month

Monthly Principal & Interest: $6,773
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Single family listings in Traverse City, MI

Average List Price ^$745,657

Percent of Sale Price 32%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3769590 Elementary School

3769595 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$1,100,000		Listed Price

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12016 Peninsula Drive, Traverse City, MI, 49686 is a Single Family Home for sale at $1,100,000 with 1,208 sqft and a lot size of 1. 12016 Peninsula Drive has 4 bedrooms, 3.0 baths, and was built in 1971. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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12016 Peninsula Drive

Single Family Home for sale in Traverse City, MI

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