NOT LISTED FOR SALE

15766 Waters Edge Dr Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $2,828,424 - $3,324,000

4 Beds
4.5 Baths
3,953 Sq Ft
$772/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $2,600,000 $658 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $20,249/month

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Central High School Rated A-
  • Private Dock
  • Bay View

About This Home

As of August 2022

Welcome to The Fox Den Home at Peninsula Shores, built of the finest quality by O'Grady Building Company. This extraordinary home offers an exciting open floor plan and high-end designer finishes throughout. Enjoy all that East Bay has to offer on this magnificent parcel perfectly situated approximately 100' above East Grand Traverse Bay. This home offers a spacious main floor kitchen and dining that carries into an over-sized two-story great room features a wood / gas burning custom-stone fireplace. One entire 'wing' of the main level boasts a thoughtfully-curated master suite with a bathroom featuring two separate vanities, a glass finished shower and a freestanding tub. The master closet will be finished with premium cabinetry and shelving, offering a large his and hers section. Finishing off the main level is a large study / flex room with beautiful views of its own. The second level showcases three bedrooms, two of which being situated along the water-side of the home, as well as a generously-size loft and three full bathrooms. Included in the purchase of The Fox Den Home, is a generous landscaping package with irrigation, sod, and backyard hardscape. Additionally, this home will be furnished with smart home technology and appliances. Thermador appliance package includes a refrigerator, dishwasher, an oven with a custom insert hood vent, pull out microwave and a washer and dryer. This home's large heated and insulated 3-car garage includes plentiful storage for 3 cars plus toys. Enjoy access to East Bay year round with the subdivision's pristine shoreline trails and your boat slip in the community marina. Price includes boat slip. This home is currently under construction. Don't miss out on your chance to own luxury new construction on Old Mission Peninsula! Photos updated periodically.

Last Agent to Sell the Property

Kyle O'Grady

REMAX Bayshore - Union St TC License #6501407456 Listed on: 08/24/2022

REMAX Bayshore - Union St TC

Last Buyer's Agent

Kyle O'Grady

REMAX Bayshore - Union St TC License #6501407456 Listed on: 08/24/2022

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,971

Year Built

  • Built in 2021

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 102x245x100x241
  • Private Waterfront
  • 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

  • $208 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,953 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Bay Window
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Den
  • Loft
  • Game Room
  • Home Gym
  • Bay Views
  • Home Security System

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

Basement

  • Basement Windows
  • Basement Window Egress

Parking

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

Outdoor Features

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

Location

  • Property is near a Great Lake

Utilities

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

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,971

Year Built

Built in 2021

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2021
  • Construction: 2x6 Framing, Frame, Under Construction
  • Private Shared: Shared
  • Section Number: 14
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2021

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Security System, Freezer, Exhaust Fan, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Bay Window(s), 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: 20x15, On Level: Main Floor
  • Bedroom 2: Dimensions: 15x5, On Level: Upper Floor
  • Bedroom 3: Dimensions: 15x5, On Level: Upper Floor
  • Bedroom 4: Dimensions: 15x5, On Level: Upper Floor
  • 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: 16x19, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 20x17, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 3953
  • Estimated Below Grade Unfinished Sq Ft: 2500
  • Price Per Sq Ft: 657.73
  • Range: R 10W
  • Total Finished Sf Apx: 3953

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, Daylight Windows, Egress Windows, Plumbed for Bath
  • Number Of Acres: 0.55
  • Road: Cul-de-Sac, Association, Blacktop, Privately Maintained
  • Roof: Asphalt, Metal
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Private Dock, Soft Bottom, Sandy Bottom, Bluff (greater than 10ft), Available for Purchase, 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, Zoned/Dual
  • Laundry: On Level: Main Floor
  • Sewer: Development Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Liability Insurance, Sewer, Snow Removal
  • Annual Association Fees: 2500
  • 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

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Sloping, Bluff Site
  • Lot Dimensions: 102x245x100x241
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Aug 23, 2022
Sold by
Ogrady Bldg Co
Bought by
Mascarenas Paul
Seller's Agent
Kyle O'Grady
REMAX Bayshore - Union St TC
Buyer's Agent
Kyle O'Grady
REMAX Bayshore - Union St TC
List Price
$2,600,000
Sold Price
$2,600,000
Current Estimated Value
$3,051,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,606
Avg. Annual Appreciation
4.52%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mascarenas Paul $2,600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 For Sale $2,600,000 0.0% $658 / Sq Ft
08/22/2022 08/22/22 Sold $2,600,000 -- $658 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

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 $40,971 $1,552,400 $0 $0
2024 $26,950 $1,471,300 $0 $0
2023 $51,685 $171,500 $0 $0
2022 $7,276 $396,500 $0 $0
2021 $982 $171,500 $0 $0
2020 $1,625 $171,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle O'Grady

    Seller's Agent in 2022

    Kyle O'Grady

    RE/MAX Michigan

    (231) 499-9999

    31 in this area

    102 Total Sales

    Kyle O'Grady
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1904156

Northern Great Lakes REALTORS® MLS

APN: 11-609-023-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

15766 Waters Edge Dr, Traverse City, MI

This home is located at 15766 Waters Edge Dr, Traverse City, MI 49686 since 24 August 2022 and is currently estimated at $3,051,606, approximately $771 per square foot. This property was built in 2021. 15766 Waters Edge Dr is a home located in Grand Traverse County with nearby schools including East Middle School and Central High 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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