1302 Peninsula Drive
Traverse City, MI, 49686 $ 979,800
Bedrooms5 Baths3.0 Sq 3,615 Monthly Estimate*
$ 6,767
for $979,800 with 5 bedrooms and 3 full baths. This 3,615 square foot home was built in 1968 on a lot size of 0.46.
Space, privacy, character and locationââ¬âthis classic Tudor offers a rare opportunity at the base of Old Mission Peninsula. Set on a gracious corner lot with a park-like front yard and exceptional privacy, this spacious 5-bedroom, 2.75-bath home offers the appeal of Old Mission Peninsula living without giving up the convenience of being close to town. Just two blocks from Bryant Park and the sandy shores of Grand Traverse Bay, with Traverse City schools, downtown, the airport and everyday amenities all nearby. Inside, the traditional floor plan offers generously sized rooms, a main-floor formal sitting room, formal dining room, main-floor family room, built-in cabinetry, two gas fireplaces, laundry and a charming three-season room. The upper level features five spacious bedrooms and a large bonus room over the garage, offering additional space for a home office, hobby room, recreation area or other flexible uses. The home is very well insulated, helping keep it warm and comfortable in winter and cool in summer, while providing a surprisingly quiet interior. The lower level offers additional flexible space and plumbing in place for a future full bathroom. Outside, enjoy the expansive park-like setting, private backyard, vinyl deck, storage shed, additional carriage house garage with attic and fenced dog run. With its classic Tudor architecture, generous room sizes, traditional layout, exceptional lot and highly desirable location, this is a home with tremendous potential in one of Traverse City's most sought-after areas.
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FeaturesGeneralHeating Baseboard
Kitchen Level Main
Cooling Central A/C Exhaust Fan Attic Fan
Possession Within 30 Days
Fireplaces Gas Fireplace Wood Stove
Garage Attached Garage Gar Door Opener
Water Public Water
Appliances Dishwasher Disposal Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1968
Parking Garage
Subdivision Peninsula Drive Terrace MI
Water Heater Gas
County Grand Traverse
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Traverse City
Section 1
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
Structure Style 2 Story
Area Traverse City (28021)
Primary City Traverse City
Directions from M31 turn north on to Garfield M37/Old Mission Peninsula Scenic Heritage Route destination will be on your right the corner of Peninsula Drive and Eastern Avenue
City Traverse City
School District Traverse City Area Public School
Financial Terms Cash Conventional VA
Legal Description LOT 1 EXC THE E 185 FT THEREOF PENINSULA DRIVE TERRACE
DOM 2
Postal Code 49686
Price Per Sq Ft Total AG 271.04
Public Remarks Space privacy
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InteriorBasement Block Partially Finished
Bedroom 3 Level Upper
Bedroom 1 Level Upper
Bedroom 2 Level Upper
Beds 5
Fireplace? Yes
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ExteriorExterior Other
Exterior Amenities Deck Porch
Lot Size Area 0.46
Lot Dimensions 100 x 203
OUT BUILDINGS Shed Second Garage
Water Features None
Waterfront Y/N No
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* Excluded FeaturesList ByReo-Tcrandolph-233022Broker
Affordability Calculator
- Monthly Principal & Interest
- $6,767
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $757,132
Percent of Sale Price 23%
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 |
|---|
| 10/6/2026 | $979,800 | | Listed Price |