NOT LISTED FOR SALE

120 Peninsula Dr New Buffalo, MI 49117

Estimated Value: $1,648,000 - $6,749,075

1 Acre
$4,812,025 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: February 27, 2018

Last sale price $350,000 $94 Per Sq Ft

Est. 1,275% increase in value since last sale

Current estimated payment $29,121 / mo

279 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Property fronts a channel
  • New Buffalo Elementary School Rated A
  • Docks
  • Community Pool

About This Lot

As of February 2018

Only a few lots remaining. In this exclusive enclave, you'll experience the ultimate in waterfront living - luxurious single-family homes, private boat docks and Lake Michigan at your doorstep. For avid boaters, The Peninsula is a revelation. Only 12 homesites are offered, each with a 45-foot boat slip immediately inside the New Buffalo harbor entrance. Within this gated haven, you'll enjoy complete privacy. Lush landscaping naturally screens your home from view while framing extraordinary vistas of Lake Michigan and the harbor. To complete the picture, The Peninsula's pool, bathhouse and park-like commons overlook unobstructed lake and harbor views. The homeowners association maintains all the landscaping and infrastructure, so your lifestyle here remains carefree. If you live for the water, The Peninsula is more than the best choice in Lake Michigan vacation homes. It's the only choice.

Last Agent to Sell the Property

Liz Roch

@properties Christie's International R.E. License #6506045544 Listed on: 04/20/2017

@properties Christie's International R.E.

Last Buyer's Agent

Tim Brychta

Coldwell Banker Realty License #6501303607

Coldwell Banker Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,208

Lot Details

  • Property fronts a channel
  • Private Waterfront
  • 72 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Property Views

  • Water Views

Utilities

  • High Speed Internet
  • Internet Available
  • Phone Connected
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn/yard care, snow removal

Recreation

  • Community Pool
  • Recreational Area
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • No Wake Zone
  • Docks
  • Deeded Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$4,208

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 72x42.85 (Varies Slightly by)
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 4208.43
  • Waterfront Options:Water Access YN: Yes
  • Utilities Attached:Electric4: Yes
  • Lot Description:Level: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cleared: Yes
  • Util Avail at Street:Telephone: Yes
  • Waterfront Options:Water Frontage3: 72.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Phone Connected: Yes
  • Water Public Water2: Yes
  • Sewer Public Sewer2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Broadband

Exterior Features

  • List Price: 375000.0
  • Lot Features: Level, Site Condo, Buildable, Cleared, Recreational, Sidewalk
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Galien River
  • Waterfront Features: Lake, River
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Phone Available, Storm Sewer, Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Pool
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes
  • Water Fea Amenities:Channel: Yes
  • Assoc Amenities:Pool2: Yes
  • Water Fea Amenities:Deeded Boat Lot: Yes

Fee Information

  • Association Fee Includes: Lawn/Yard Care, Snow Removal, Other

Lot Info

  • Lot Dimensions: 72x42.85 (Varies Slightly by)
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4208.43
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Bought by
Current Estimated Value
$4,812,025

Purchase Details

Closed on
Mar 13, 2021
Sold by
Bought by

Purchase Details

Listed on
Apr 20, 2017
Closed on
Feb 27, 2018
Sold by
Bought by
Seller's Agent
Liz Roch
@properties Christie's International R.E.
Buyer's Agent
Tim Brychta
Coldwell Banker Realty
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.47%
Original Mortgage
$280,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $350,000 -6.7% $94 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
04/20/2017 04/20/17 For Sale $375,000 -- $101 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $32,080 $1,803,900 $0 $0
2025 $29,839 $1,746,900 $0 $0
2024 $19,689 $1,981,400 $0 $0
2023 $18,917 $1,322,600 $0 $0
2022 $18,017 $590,500 $0 $0
2021 $22,998 $590,500 $179,300 $411,200
2020 $22,715 $489,200 $0 $0
2019 $8,179 $252,700 $252,700 $0
2018 $4,291 $252,700 $0 $0
2017 $4,300 $272,700 $0 $0
2016 $4,220 $272,700 $0 $0
2015 $4,208 $200,000 $0 $0
2014 $2,774 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16052629

MichRIC

APN: 11-62-6100-0120-00-0

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