14851 Shipman Road
Traverse City, MI, 49686 $ 2,775,000
Bedrooms4 Baths2.1 Sq 2,616 Monthly Estimate*
$ 17,522
for $2,775,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,616 square foot home was built in 1988 on a lot size of 1.46.
Exceptional Grand Traverse Bay waterfront on Old Mission Peninsula, where timeless craftsmanship, privacy, and breathtaking west-facing sunsets come together. Set on 150' of private waterfront along a quiet road shared by only a handful of homes, this special property offers a rare sense of peace and seclusion surrounded by mature trees and abundant wildlife. Originally completed in 1988, the home was meticulously hand-built with every nail driven by hand. Clear cedar siding adds enduring character, while a comprehensive 2020 renovation brought the home into the modern era with new Marvin windows, enhanced insulation, updated flooring, kitchen and baths, GE Monogram appliances, Dura Supreme cabinetry, quartz countertops, custom built-ins, and a gas fireplace. Designed to capture the setting, nearly every room enjoys beautiful water views. The expansive second-floor great room features a dramatic picture window overlooking the bay, creating an exceptional gathering space and showcasing spectacular sunsets throughout the year. A queen Murphy bed adds flexibility for guests. Recent improvements include new furnaces, A/C, water heater, heated garage, Trex decks, extensive landscaping and hardscape, automated irrigation and outdoor lighting, and a fully equipped outdoor kitchen with Blaze BBQ. A whole-house Generac generator was added in 2026. With sandy waterfront, multiple outdoor entertaining spaces, exceptional sunset views, and a history of hosting weddings, parties, and family gatherings, this is more than a homeââ¬âit is a place to create lasting memories. Spend summer days swimming off the dock, paddleboarding and kayaking across the bay, or enjoying carefree afternoons playing on the beach. Gather with family and friends by the water, then end the day watching the sun set across Grand Traverse Bay. A truly distinctive Northern Michigan waterfront retreat. Home is offered mostly furnished including the dock.
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FeaturesInteriorInterior Amenities Walk-In Closet
Dining Room Level Main
Bedroom 3 Level Upper
Bedroom 1 Level Main
Bedroom 2 Level Upper
Beds 4
Fireplace? Yes
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GeneralHeating Forced Air Radiant
Kitchen Level Main
Cooling Central A/C Exhaust Fan
Possession Negotiable (Possession)
Fireplaces Gas Fireplace
Garage Attached Garage
Water Private Well
Appliances Dishwasher Disposal Dryer Freezer Microwave Range/Oven Refrigerator Washer
Status Active Accepting Backup Offers
Full Baths 2
Half Baths 1
Bathrooms 3
Year Built 1988
Parking Garage
Subdivision n/a MI
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Peninsula Twp
Section 20
Zoning Residential
Sale/Rent For Sale
Status Detail 3
Structure Style 2 Story
Area Peninsula Twp (28011)
Primary City Traverse City
Directions From TC take E. Front St to Peninsula Dr veer right onto Old Michigan Peninsula Scenic Heritage Rte left onto Bowers Harbor Rd/Neahtawanta Rd right onto Shipman Dr home is on the left.
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional
Legal Description COM NE COR GOV LOT 3 TH W 804' TH S 31 DEG 36' W 986.46' TO POB TH S 31 DEG 36' W 150' TH N 58 DEG 24' W 425' TO G T BAY TH N 31 DEG 36' W 150' TH S 58 DEG 24' E TO POB SEC 20 T29N R10W.
DOM 17
Postal Code 49686
Price Per Sq Ft Total AG 1060.78
Public Remarks Exceptional Grand Traverse Bay waterfront on Old Mission Peninsula where timeless craftsmanship privacy
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ExteriorExterior Other
Exterior Amenities Deck Patio
Frontage 150
Body of Water Grand Traverse Bay
Lot Size Area 1.46
Lot Dimensions 150x440
Water Features Dock/Pier Facility Water View Waterfront Great Lake Sandy Bottom
Waterfront Y/N Yes
Frontage Type Water
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* Excluded FeaturesList ByPatrick LeavyListing Agent
Kidd & Leavy Real Est Co, LlcBroker
patleavy@kiddleavy.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,522
- 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 $760,553
Percent of Sale Price 73%
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 |
|---|
| 9/15/2026 | $2,775,000 | | Listed Price |