$3,295,000
OPEN WED 1PM - 5PM NEW CONSTRUCTION

15722 Waters Edge Dr Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated payment $17,968/month

Total Views 4,360
4 Beds
4.5 Baths
4,384 Sq Ft
$752 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • 1,500 Feet of Waterfront
  • New Construction
  • Central High School Rated A-
  • Sandy Beach
  • Bay View

About This Home

Located in the exclusive, gated community of Peninsula Shores, this brand-new custom home is move-in ready and includes professionally curated designer furniture throughout. Nestled on the coveted Old Mission Peninsula, you’ll enjoy exclusive access to private sandy water frontage, beachfront walking trails, and your own boat slip on East Grand Traverse Bay. This serene waterfront setting offers the perfect balance of luxury and seclusion - just minutes from Cherry Capital Airport and Downtown Traverse City. Every detail of this home has been meticulously selected and crafted by O’Grady Development Company, known for setting the standard in high-end Northern Michigan living.

Listing Agent

Kyle O'Grady

REMAX Bayshore - Union St TC License #6501407456 Listed on: 08/02/2025

REMAX Bayshore - Union St TC

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 231x97x230x97
  • 1,500 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Bluff on Lot
  • Landscaped
  • Sloped Lot
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 4,384 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Den
  • Loft
  • Game Room
  • Home Gym
  • Bay Views
  • Unfinished Basement
  • Basement Window Egress

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Well
  • Natural Gas Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Community Details

Overview

  • Association fees include sewer, snow removal, liability insurance
  • Peninsula Shores Community

Amenities

  • Common Area

Recreation

  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2025
  • Construction: 2x6 Framing, Frame, New Construction
  • Private Shared: Shared
  • Section Number: 14
  • Special Features: 3
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2025

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Loft, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Den/Study, Exercise Room, Game Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15x17, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 15x15, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15x15, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 15x15, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 4.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 19x15, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19x20, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 4384
  • Estimated Below Grade Unfinished Sq Ft: 2800
  • Price Per Sq Ft: 751.6
  • Range: R 10W
  • Total Finished Sf Apx: 4384

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Sprinkler System, Covered Porch, Landscaped, Gutters
  • Exterior Finish: Stone, Press Board
  • Foundation: Poured Concrete, Egress Windows, Plumbed for Bath, Unfinished
  • Number Of Acres: 0.51
  • Road: Cul-de-Sac, Association, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Soft Bottom, Sandy Bottom, Bluff (greater than 10ft), Great Lake, Public Lake, Bay View
  • Waterfront Frontage: 1500

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Heated, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood
  • Heating Cooling Types: Forced Air, Central Air, Humidifier, Zoned/Dual
  • Laundry: Dimensions: 17x15, On Level: Main Floor, Flooring: Tile
  • Sewer: Development Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Sewer, Snow Removal, Liability Insurance
  • Annual Association Fees: 3500
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges, Pets Allowed, Common Area, Trails
  • Development Name: Peninsula Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 19
  • Deeded Waterfront: Yes
  • Land Features: Cleared, Sloping, Bluff Site
  • Lot Dimensions: 231x97x230x97
  • Parcel Description: Site Condo, Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $1,446 $1,337,000 $0 $0
2024 $951 $320,000 $0 $0
2023 $1,461 $168,000 $0 $0
2022 $1,743 $168,000 $0 $0
2021 $1,645 $168,000 $0 $0
2020 $1,625 $168,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 For Sale $3,295,000 -- $752 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1937126

Northern Great Lakes REALTORS® MLS

APN: 11-609-019-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

15722 Waters Edge Dr, Traverse City, MI

This home is located at 15722 Waters Edge Dr, Traverse City, MI 49686 and is currently priced at $3,295,000, approximately $751 per square foot. This property was built in 2025. 15722 Waters Edge Dr is a home located in Grand Traverse County with nearby schools including East Middle School, Central High School, and Old Mission Peninsula School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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Kyle O'Grady
Listing Agent
Kyle O'Grady
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REMAX Bayshore - Union St TC
(231) 447-2153