489 Peninsula Trail Traverse City, MI $ 625,000
489 Peninsula Trail
$ 625,000
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489 Peninsula Trail

Traverse City, MI, 49696
$ 625,000
Bedrooms3 Baths1.0 Sq 992

Monthly Estimate*

$ 3,848

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Single Family Home for sale in Traverse City, MI

for $625,000 with 3 bedrooms and 1 full bath. This 992 square foot home was built in 1961 on a lot size of 0.37.

This charming Spider Lake cottage offers the perfect Up North getaway! Just steps from the water’s edge, this rare find features an ideal south-facing sandy beach with pristine, sandy-bottom frontage, perfect for swimming, kayaking, or relaxing by the shore. Enjoy sparkling lake views from every vantage point and unwind in a retreat that blends classic cottage character with thoughtful updates throughout. Offered turnkey and ready for immediate enjoyment, it’s a timeless setting where memories are made and cherished for generations to come.

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Single Family Active

Price

$ 625,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Ranch,Cottage

Lot Size

0.37

Year Built

1961

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1944989

Features
Interior
Interior Amenities Pantry Mud Room Cable TV High Speed Internet
Basement Full Walk-Out Access Finished Rooms Egress Windows
Flooring Concrete Vinyl Laminate
Fireplace Features None
Kitchen Level Lower
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Window Features Drapes Curtain Rods
Fireplace Y/N N
Above Grade Finished Area 576
Half Baths 0
3/4 Baths 0
Laundry Features Lower Level
Total Bedrooms 3
Below Grade Finished Area 416
Entry Level 1
Living Room Level Lower
Main Level Bedrooms 3
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
Primary Bathroom Features None
Kitchen Length 19.75
Primary on Main 124.2
Second Bedroom Length 11.5
Second Bedroom Width 10.8
Bedroom 3 Area 102
Bedroom 3 Length 12
Bedroom 3 Width 8.5
Dining Room Area 8
Living Room Length 19.75
Primary Bedroom Area 175.375
Primary Bedroom Length 15.25
Primary Bedroom Width 11.5
Dining Room Level Lower
Bedroom 3 Level Main
Second Bedroom Level Main
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General
Sewer Private Sewer
Heating Wall Furnace Natural Gas
Cooling Window A/C Unit(s) Window Unit(s)
Possession Negotiable
Roof Asphalt
Appliances Refrigerator Oven/Range Microwave Washer Dryer Electric Water Heater
Garage Spaces 0
Association Fee Includes None
Patio/Porch Features Patio Covered Porch Screened
Architectural Style Ranch Cottage
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 1961
View Water
Stories Count 1
Township East Bay
Levels One
Property Subtype Single Family Residence
Waterfront Features Inland Lake All Sports Sandy Bottom Gradual Slope to Water Lake Sandy Shoreline
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Pinewood Shores
Garage Y/N N
Other Structures Shed(s)
Full Baths 1
Status Active
Directions From Traverse City: 4 Mile Rd south to left at roundabout at Hammond. Hammond to High Lake to left on Supply Rd. Turn right on Rasho to left on Peninsula Trail. Property will be on the left.
City Traverse City
Body of Water Spider Lake
High School District Traverse City Area Public Schools
Zoning Description Residential Outbuildings Allowed
Lot Size Units Acres
Lot Size Square Feet 16117.2
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Primary Bedroom Level Main
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 132359
Tax Lot 108
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Lot 108 of First Addition to Pinewood Shores Township of East Bay County of Grand Traverse Michigan according to the recorded plat thereof as recorded in Liber 4 Page 44 of plats Grand Traverse Count
Year Built Effective 2015
Freehold IDX
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Exterior
Exterior Amenities Dock Rain Gutters
Parking Features Asphalt Private None
Lot Features Wooded-Hardwoods Wooded Evergreens Subdivided
Water Source Private
Lot Size Area 0.37
Foundation Details Block
Number of Buildings 2
Spa N
Lot Dimensions 282x60
Lot Size Acres 0.37
Road Surface Type Asphalt
Frontage Length 60
Frontage Type Waterfront
Waterfront Y/N Y
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Viewpoint Realty

Broker

Cell: 231-357-3265

Contact

Affordability Calculator

$3,848
Per Month
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Monthly Principal & Interest
$3,848
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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
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$625,000 Listed Price

Map


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489 Peninsula Trail, Traverse City, MI, 49696 is a Single Family Home for sale at $625,000 with 992 sqft and a lot size of 0.37. 489 Peninsula Trail has 3 bedrooms, 1.0 baths, and was built in 1961. The property's zip code is 49696 which is in Traverse City, MI