555 Graystone Road
Traverse City, MI, 49686 $ 2,000,000
Bedrooms4 Baths3.1 Sq 2,291 Monthly Estimate*
$ 12,628
for $2,000,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,291 square foot home was built in 2014 on a lot size of 0.78.
Perched high among the hardwoods near the base of Old Mission Peninsula, this custom-built 2014 home offers a rare combination of modern design, exceptional craftsmanship, and an unbeatable location. Throughout the cooler months, enjoy sweeping seasonal views of West Bay. As the trees leaf out, the landscape transforms into a secluded woodland retreat, creating the feeling of living in your own private treehouse surrounded by nature. Designed with today's active family in mind, the home features four bedrooms plus a versatile office with a charming loft and reading nook that could easily serve as a fifth bedroom or creative space. Multiple living areas, including two spacious family rooms and a dedicated fitness room, provide flexibility for gathering, working, and relaxing. At the heart of the home, the thoughtfully designed kitchen overlooks the peaceful wooded setting and features an inviting built-in window bench stretching wall to wallââ¬âan ideal spot for morning coffee, conversation, homework, or simply enjoying the changing seasons while dinner is being prepared. Everyday living is effortless thanks to the expansive mudroom complete with abundant cubbies and storage for backpacks, boots, sports gear, and everything an Up North lifestyle requires. Step outside and discover a backyard unlike any other, where mature trees create a private oasis complete with a zip line that will delight both kids and the young at heart. Whether entertaining friends or unwinding after a busy day, the setting offers a sense of tranquility that's difficult to find so close to town. Located just minutes from downtown Traverse City at the gateway to Old Mission Peninsula, you'll enjoy quick access to beaches, and scenic drives while remaining close to everyday conveniences. Bryant Park, nearby bike paths, waterfront recreation, restaurants, shopping, and entertainment are all within easy reach. Families will also appreciate the proximity to Eastern Elementary and Traverse City.
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FeaturesInteriorInterior Amenities Cathedral/Vaulted Ceiling Walk-In Closet Window Treatment(s)
Dining Room Level Main
Basement Poured
Bedroom 3 Level Upper
Bedroom 1 Level Main
Bedroom 2 Level Upper
Beds 4
Fireplace? Yes
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GeneralHeating Forced Air Other-See Remarks
Kitchen Level Main
Cooling Central A/C
Possession Negotiable (Possession)
Fireplaces Gas Fireplace
Garage Attached Garage Gar Door Opener
Water Private Well
Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 2014
Parking Garage
Subdivision none MI
Water Heater Gas
Style Craftsman
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Peninsula Twp
Section 31
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
Structure Style 2 Story
Area Peninsula Twp (28011)
Primary City Traverse City
Directions From Downtown Traverse City follow Grandview Parkway to M-37 and turn left. When it splits to Peninsula Drive stay left and 555 Graystone is on the right .6 miles.
High School Central High School
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional
Elementary School Eastern Elementary School
Middle School Traverse City East Middle Scho
Legal Description THAT PRT OF GOV'T LOT 2 SEC 36 T28N R11W COM AT S 1/4 COR OF SD SEC TH N 0 DEG 16'13 E 2631.52 FT TO CTR POST OF SD SEC TH S 89 DEG 21'54 W 911.5 FT TO POB. TH S 89 DEG 21'54 W 138.62 FT
DOM 1
Postal Code 49686
Price Per Sq Ft Total AG 872.98
Public Remarks Perched high among the hardwoods near the base of Old Mission Peninsula this custom-built 2014 home offers a rare combination of modern design exceptional craftsmanship
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ExteriorExterior Stone Vinyl Siding
Exterior Amenities Patio Porch
Lot Size Area 0.78
Lot Dimensions 131 x 259
Water Features None
Waterfront Y/N No
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* Excluded FeaturesList ByMolly ButtlemanListing Agent
@Properties Christie's Int'lBroker
mbuttleman@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,628
- 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 NearbySingle family listings in Traverse City, MI
Average List Price $804,348
Percent of Sale Price 60%
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.
4023191 Elementary School
4022784 Middle School
Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/13/2026 | $2,000,000 | | Listed Price |