
12142 Peninsula Dr Traverse City, MI 49686
Old Mission Peninsula NeighborhoodEstimated payment $12,265/month
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- Bay View
- Central High School Rated A-
- Sandy Beach
- 3.27 Acre Lot
About This Home
Welcome to 12142 Peninsula. This unique setting and style combination are reminiscent of an upscale one of a kind country lodge, Inside, you will be captivated by the 28-foot ceilings and solid oak authentic timber frame structure complementing the floor-to-ceiling stone wood burning fireplace. In addition, none of the interior and exterior walls are load bearing, The spacious living area, featuring solid doors throughout, hickory floors and custom bookcases, creating a warm and inviting atmosphere for relaxation and entertainment. In addition to the bedrooms, the den and loft can also be used as sleeping areas. The construction of the walls includes six-inch foam panels behind the exterior siding and under the roof, ensuring interior warmth in the winter and comfortably cool summer days. This residence is as functional as it is beautiful. A rare combination of waterfront and acreage that embodies elegance and tranquility. This parcel has not been cleared to reveal the magic of the waterfront and views hidden by the trees. Nestled on 3.27 acres of picturesque land, this one-of-a-kind property boasts 287 feet of private frontage on West Bay, offering views of Power Island and stunning sunsets. The exterior features a large porch facing the bay. The home has undergone updates, including a new roof in 2011 and an updated septic system in 2019. With the flexibility for modern design, this property provides an exceptional opportunity to create your dream waterfront lifestyle. Come experience the perfect blend of privacy and picturesque surroundings at this extraordinary Traverse City gem. *There are a few pictures that have been altered and disclosed to show potential views if some trees are cleared.* The piano stays with the home. A new appraisal has been completed to support the asking price. Seller will share with a qualified offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,865
Year Built
- Built in 1988
Lot Details
- 3.27 Acre Lot
- Lot Dimensions are 287x627x200x586
- Private Waterfront
- 287 Feet of Waterfront
- Sandy Beach
- Bluff on Lot
- Sloped Lot
- Garden
- The community has rules related to zoning restrictions
Home Design
- Block Foundation
- Fire Rated Drywall
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,771 Sq Ft Home
- 2-Story Property
- Bookcases
- Beamed Ceilings
- Cathedral Ceiling
- Whole House Fan
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Mud Room
- Formal Dining Room
- Den
- Bay Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
- Basement Windows
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Private Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Access To Lake
- Covered Patio or Porch
- Rain Gutters
Location
- Property is near a Great Lake
Utilities
- Well
- Natural Gas Water Heater
- Satellite Dish
- Cable TV Available
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 |
---|---|---|---|---|
2025 | $6,865 | $1,020,700 | $0 | $0 |
2024 | $4,516 | $759,300 | $0 | $0 |
2023 | $4,321 | $494,700 | $0 | $0 |
2022 | $6,185 | $508,200 | $0 | $0 |
2021 | $5,774 | $494,700 | $0 | $0 |
2020 | $5,715 | $426,100 | $0 | $0 |
2019 | $5,745 | $403,900 | $0 | $0 |
2018 | $7,692 | $379,900 | $0 | $0 |
2017 | -- | $342,600 | $0 | $0 |
2016 | -- | $336,100 | $0 | $0 |
2014 | -- | $335,000 | $0 | $0 |
2012 | -- | $298,100 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/23/2025 08/23/25 | Price Changed | $2,150,000 | -12.2% | $776 / Sq Ft |
08/07/2025 08/07/25 | For Sale | $2,450,000 | -- | $884 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Deed | -- | -- | |
Deed | -- | -- | |
Deed | $48,000 | -- |
Similar Homes in Traverse City, MI
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1937297

APN: 11-132-007-40
- 1503 Braemar Dr
- 1457 Braemar Dr
- 0 Nelson Rd Unit 1937199
- 1345 Lin Dale Dr
- 1259 Lin Dale Dr
- 11751 Center Rd
- 2721 Nelson Rd
- 2699 Twin Eagles Dr
- 2168 Twin Eagles Dr
- Lot 18 Woods Dr
- 10584 Center Rd
- 00 Center Rd
- 1378 Gray Rd
- 10404 Warren Dr
- 11648 Willow Point Dr
- Lot 21 Moonrise Ct
- 935 Rd
- 3566 Thistledew Dr
- Part of 1000 Camino Maria Dr
- 00 Bluff Rd
- 1846 Alpine Rd
- 710 Pine St
- 112 Chippewa St
- 609 Bloomfield Rd
- 5541 Foothills Dr
- 132 Ames St
- 1310 Peninsula Ct
- 853 E Front St
- 853 E Front St
- 853 E Front St
- 853 E Front St
- 853 E Front St
- 1223 E Eighth St
- 544 E State St
- 421 E State St Unit 4
- 516 Washington St Unit 2
- 232 E State St
- 309 W Front St
- 714 #310 Randolph St
- 812 Randolph St Unit Lower