Recently Listed Open House 6/27 12pm - 2pm
240 Peninsula Hills Drive
Traverse City, MI, 49686 $ 529,900
Bedrooms2 Baths1.1 Sq 1,302 Monthly Estimate*
$ 3,346
for $529,900 with 2 bedrooms and 1 full bath, 1 half bath. This 1,302 square foot condo was built in 1971.
Peninsula Hills Townhomes on Old Mission | West Bay Waterfront Rarely available and deeply coveted, this 2-bedroom, 1.5-bath townhome on Old Mission Peninsula delivers something most buyers only dream about: panoramic sunset views over West Bay, 260 feet of shared sandy beach just steps from your door, and the quiet rhythm of vineyard country all around you. Unwind on the lower covered porch or take in the evening light from the sunny balcony, both overlooking a lush lawn that rolls toward the water. Moor your boat, launch your kayak, or simply sink your toes into the sand ââ¬â the beach is shared among just 26 neighboring units and six private homes, keeping it peaceful and uncrowded. A garage and covered carport provide ample parking and storage, and the finished basement offers room to grow. The $300/month HOA covers water, sewer, trash, snow removal, lawn care, beach maintenance, and exterior building care, a genuinely low-maintenance lifestyle in one of Northern Michigan's most sought-after corridors. Pets are welcome with board approval, and a shared community garden adds a charming touch for those who love to grow things. Beyond your front door, Old Mission Peninsula stretches 18 scenic miles into the heart of Grand Traverse Bay, flanked by both bays, dotted with 10 wineries, cherry and apple orchards, lavender fields, and farm stands overflowing with fresh produce. It's the kind of place people visit once and spend years trying to get back to. This is that rare opportunity. Don't let it pass.
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Open House
6/27/2026 12:00 PM - 2:00 PM
240 Peninsula Hills Drive Traverse City, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Walk-In Closet Window Treatment(s)
Dining Room Level Main
Basement Block Finished Full
Bedroom 1 Level Upper
Bedroom 2 Level Upper
Beds 2
Fireplace? Yes
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GeneralHeating Forced Air
Kitchen Level Main
Cooling Central A/C
Possession Negotiable (Possession)
Fireplaces Gas Fireplace
Garage Carport Detached Garage Gar Door Opener
Water Community Well
Appliances Dishwasher Disposal Dryer Microwave Range/Oven Refrigerator Washer Water Softener - Owned
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1971
Parking Garage
Subdivision Peninsula Townhouses MI
Style Townhouse
County Grand Traverse
Class RESIDENTIAL
Type Condominium
Ownership Private
Municipality Peninsula Twp
Section 24
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
HOA Fee Includes Maintenance Grounds Sewer Snow Removal Trash Removal Water
Structure Style 2 Story
Area Peninsula Twp (28011)
Primary City Traverse City
Directions Peninsula Dr. to Peninsula Hills Dr.
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional Exchange/Trade
Legal Description LOT 6 PENINSULA TOWNHOUSES AND COMMONS AREA. BEACH INTEREST AT 28-11-324-900-00
DOM 0
Postal Code 49686
Price Per Sq Ft Total AG 406.99
Public Remarks Peninsula Hills Townhomes on Old Mission West Bay Waterfront Rarely available and deeply coveted this 2-bedroom
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ExteriorExterior Wood
Exterior Amenities Exterior Balcony Deck Lawn Sprinkler
Frontage 260
Body of Water West Bay
Water Features All Sports Lake Waterfront Shared Waterfront Great Lake Sandy Bottom
Waterfront Y/N No
Frontage Type Water
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* Excluded FeaturesList ByErica FoersterListing Agent
Erica@tfgrealtor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,346
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCondo listings in Traverse City, MI
Average List Price $659,885
Percent of Sale Price 25%
About Traverse City, MI 15,817 Population
7% Since 2002
$ 49,237 Median Income
41.86 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
3769590 Elementary School
3769595 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $529,900 | | Listed Price |