15985 Waters Edge Traverse City, MI ^$ 2,950,000

15985 Waters Edge

^$ 2,950,000

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Recently Listed New Construction

15985 Waters Edge

Traverse City, MI, 49686

^$ 2,950,000

Bedrooms4 Baths3.1 Sq 2,277

Monthly Estimate*

^$ 18,164

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Single Family Home for sale in Traverse City, MI

for $2,950,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,277 square foot home was built in 2026 on a lot size of 0.52.

LOCATION AND VIEWS! Shatter the expectations of your luxury new construction home. Go ahead and pack your bags - your new home on Old Mission Peninsula is almost complete... Grab the keys and move in this Summer. Located in the exclusive Peninsula Shores gated community, residents enjoy a private marina, scenic shoreline walking trails, and effortless access to everything Traverse City and Old Mission Peninsula offer - Wineries, restaurants, and close proximity to Cherry Capital Airport. Boat Slip in East Grand Traverse Bay included.

Single Family Active

Price

^$ 2,950,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 0

Style

Contemporary,Ranch

Lot Size

0.52

Year Built

2026

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80067251

Features

Interior

Interior Amenities Security System Walk-In Closet

Basement Finished Full Walk Out Poured

Bedroom 3 Level Lower

Bedroom 1 Level Main

Bedroom 2 Level Lower

Beds 4

Fireplace? Yes

General

Heating Forced Air

Kitchen Level Main

Cooling Ceiling Fan(s) Central A/C Exhaust Fan

Possession At Close

Fireplaces Gas Fireplace

Garage Attached Garage Gar Door Opener Heated Garage

Water Private Well

Appliances Dishwasher Disposal Dryer Freezer Microwave Range/Oven Refrigerator Washer Water Softener - Owned

Status Active Active

Full Baths 3

Half Baths 1

Bathrooms 4

Year Built 2026

Parking Garage

Subdivision Peninsula Shores MI

Water Heater Gas

Style Contemporary Ranch

County Grand Traverse

Class RESIDENTIAL

Type Single Family

Ownership Private

Municipality Peninsula Twp

Section 14

New Construction Y/N Yes

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available

HOA Fee Includes Sewer Snow Removal

Structure Style 1 Story

Area Peninsula Twp (28011)

Primary City Traverse City

Directions Take Center Road 11 miles north on Old Mission Peninsula. Take a slight right onto Smokey Hollow Road. Take your next right onto Boursaw Road. Subdivision is located on the north side of Boursaw Road.

City Traverse City

School District Traverse City Area Public School

Financial Terms Cash Conventional

Legal Description UNIT 39 PENINSULA SHORES AMENDED AND RESTATED MASTER DEED RECORDED AT 2019C-00055

DOM 3

Postal Code 49686

Price Per Sq Ft Total AG 1295.56

Public Remarks

Exterior

Exterior Stone

Exterior Amenities Deck Lawn Sprinkler Porch

Frontage 1500

Body of Water East Bay

Lot Size Area 0.52

Lot Dimensions 240x113x179x136

Water Features All Sports Lake Water View Waterfront Shared Waterfront Great Lake Sandy Bottom

Waterfront Y/N No

Frontage Type Water

* Excluded Features

List By

Kyle O'Grady

Listing Agent

Remax Bayshore - Union St Tc

Broker

Kyle@LiveTraverseCity.com

Affordability Calculator

$18,164

Per Month

Monthly Principal & Interest: $18,164
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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 ^$663,678

Percent of Sale Price 78%

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
4/23/2026	$2,950,000		Listed Price

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15985 Waters Edge, Traverse City, MI, 49686 is a Single Family Home for sale at $2,950,000 with 2,277 sqft and a lot size of 0.52. 15985 Waters Edge has 4 bedrooms, 3.1 baths, and was built in 2026. 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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15985 Waters Edge

Single Family Home for sale in Traverse City, MI

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