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1941 US-31 N # 15 Traverse City, MI $ 829,000
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1941 US-31 N # 15
$ 829,000
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1941 US-31 N # 15

Traverse City, MI, 49686
$ 829,000
Bedrooms2 Baths2.0 Sq 1,207

Monthly Estimate*

$ 5,104

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Single Family Home for sale in Traverse City, MI

for $829,000 with 2 bedrooms and 2 full baths. This 1,207 square foot home was built in 2006.

Enjoy the best of waterfront living on East Grand Traverse Bay with this beautifully positioned ground-floor condo, fully furnished, offering unobstructed views of the bay and Old Mission Peninsula. Step onto your spacious private patio and walk directly to the beach—perfect for morning coffee, evening sunsets, or relaxing by the water. This 2-bedroom, 2-bath condo offers comfort and convenience with an open living space, kitchen with gas stove and in-unit washer and dryer. The ground-floor location provides effortless indoor-outdoor living and easy beach access. Owners and guests enjoy resort-style amenities, including a pool, hot tub, outdoor barbecue area, and a third-floor community room with panoramic bay views. Whether you're looking for a luxury Northern Michigan getaway, full-time waterfront condo, or a strong rental income opportunity, this property delivers the ultimate Traverse City lifestyle—just minutes from downtown dining, shopping, and wineries.

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Single Family Active

Price

$ 829,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Year Built

2006

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1942817
Features
Interior
Interior Amenities Walk-In Closet(s) Pantry Granite Bath Tops Granite Counters Drywall Cable TV High Speed Internet WiFi
Flooring Tile Concrete Other Carpet
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 1207
Half Baths 0
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 1
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 73.791
Kitchen Length 8.1
Kitchen Width 9.11
Primary on Main 149.628
Second Bedroom Length 14.8
Second Bedroom Width 10.11
Living Room Area 304.2
Living Room Length 15.6
Living Room Width 19.5
Primary Bedroom Area 170.24
Primary Bedroom Length 12.8
Primary Bedroom Width 13.3
Dining Room Level Main
Second Bedroom Level Main
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General
Sewer Public Sewer
Heating Forced Air Fireplace(s) Natural Gas
Cooling Central Air
Possession Negotiable Other
Roof Other
Appliances Refrigerator Oven/Range Disposal Dishwasher Microwave Washer Dryer Exhaust Fan Electric Water Heater
HOA Fee 8072
Garage Spaces 0
Association Fee Includes Trash Snow Removal Maintenance Grounds Heat Maintenance Structure Liability Insurance Fire Insurance
Patio/Porch Features Patio
Architectural Style Other
Pool Features In Ground
Construction Materials Block 2x6 Framing Cement Siding
Pets Allowed true
Year Built 2006
View Water Bay View Bay
Township East Bay
Unit Number 15
Property Subtype Single Family Residence
Waterfront Features All Sports Sandy Bottom Great Lake Lake Sandy Shoreline
Community Features Community Dock Pool Lake Privileges Pets Allowed Common Area
Accessibility Accessible Hallway(s) Main Floor Access Accessible Entrance Accessible Approach with Ramp Accessible Full Bath Accessible Elevator Installed
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage N
Energy Efficient Not Applicable Appliances Windows
Subdivision Name Penninsula Bay
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures None
Full Baths 1
Status New
Directions located off US-31 N just west from the light at 4 Mile Road. Directly across from Bob Evans.
City Traverse City
Body of Water East Bay
Entry Location No Steps First Floor Level
High School District Traverse City Area Public Schools
Zoning Description Deed Restrictions Building-Use Restrictions Rental History
Lot Size Units Acres
Carport Y/N N
Spa Features Community
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
Tax Assessed Value 234600
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description UNIT 15 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
Freehold IDX
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Exterior
Exterior Amenities Sprinkler System Sidewalk Built-in Barbecue
Parking Features Asphalt Shared Driveway None
Lot Features Level Landscaped
Water Source Public
Foundation Details Slab
Number of Buildings 1
Spa N
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
Reo - Elk Rapids-101308

Broker

Cell: 231-392-6259

Contact

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$5,104
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Monthly Principal & Interest
$5,104
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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
2034238 Elementary School
2034116 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/9/2026$829,000 Listed Price

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1941 US-31 N # 15, Traverse City, MI, 49686 is a Single Family Home for sale at $829,000 with 1,207 sqft. 1941 US-31 N # 15 has 2 bedrooms, 2.0 baths, and was built in 2006. The property's zip code is 49686 which is in Traverse City, MI

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