NOT LISTED FOR SALE

15957 Waters Edge Dr Unit 37 Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $2,017,000 - $2,379,000

4 Beds
3.5 Baths
3,478 Sq Ft
$646/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,800,000 $518 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $15,059/month

Highlights

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

About This Home

As of June 2022

Welcome to The Aspen Home at Peninsula Shores, built of the finest quality by O'Grady Building Company! Enjoy the perks of waterfront living everyday with incredible soaring views 150' above East Bay, paired with a boat slip in the private subdivision marina. This luxury new construction home, built of the finest quality by O'Grady Building Company, features an inviting open floor plan and high-end modern interior finishes throughout, including hardwood flooring on the main floor, zoned heated floors in the lower level, quartz countertops, and a designer lighting fixture package. 10' ceilings on both floors. This home is equipped with technology throughout, including speakers in main living spaces and master bedroom, a smart doorbell with a camera, multiple exterior cameras accessible when you are away from home, wiring for an automatic Lutron Blinds system, and more. This home is complete with a landscaping package including sod with irrigation, as well as a complete Thermador appliance package and a washer and dryer. The oversized 3-car garage is heated and fully insulated. 2x6 construction. This home is prepped for Generac Home Generator. This is a must see turnkey home. It isn't missing a single detail.

Last Agent to Sell the Property

Kyle O'Grady

REMAX Bayshore - Union St TC License #6501407456 Listed on: 06/23/2021

REMAX Bayshore - Union St TC

Last Buyer's Agent

Joan Sturmer

REO-TCFront-233021 License #6506040267

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,108

Year Built

  • Built in 2021

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 131x237x113x238
  • 1,500 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Farmhouse Style Home
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,478 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Bay Window
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Game Room
  • Home Gym
  • Radiant Floor
  • Bay Views

Kitchen

  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

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
  • Deck
  • Rain Gutters

Location

  • Property is near a Great Lake

Utilities

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

Community Details

Overview

  • Association fees include liability insurance
  • Peninsula Shores Community

Amenities

  • Common Area

Recreation

  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,108

Year Built

Built in 2021

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Contemporary, Farm House, 1 Story
  • Estimated Year Built: 2021
  • Construction: 2x6 Framing, Frame, Under Construction
  • Private Shared: Shared
  • Section Number: 14
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2021

Interior Features

  • Appliances Equipment: Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Cathedral Ceilings, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Granite Kitchen Tops, Island Kitchen, Mud Room, Great Room, Exercise Room, Game Room, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16x15, On Level: Main Floor
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 11x17, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 27x17, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2004
  • Estimated Below Grade Finished Sq Ft: 1474
  • Estimated Below Grade Unfinished Sq Ft: 255
  • Price Per Sq Ft: 517.54
  • Range: R 10W
  • Total Finished Sf Apx: 3478

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Sprinkler System, Deck, Landscaped, Gutters
  • Exterior Finish: Stone, Wood
  • Foundation: Full, Walkout, Poured Concrete, Daylight Windows, Finished Rooms, Full Finished
  • Number Of Acres: 0.57
  • Road: Cul-de-Sac, Association, Blacktop
  • Roof: Metal
  • Water Features: All Sports, Water View, Private Dock, Soft Bottom, Sandy Bottom, 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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood
  • Heating Cooling Types: Forced Air, Central Air, Zoned/Dual, Radiant Floor
  • 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
  • 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

  • Lot Number: 37
  • Deeded Waterfront: Yes
  • Land Features: Cleared, Wooded, Level, Sloping
  • Lot Dimensions: 131x237x113x238
  • Mineral Rights: Unknown
  • 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
Jun 23, 2021
Closed on
Jun 10, 2022
Sold by
Ogrady Bldg Co At
Bought by
Moore Phoebe
Seller's Agent
Kyle O'Grady
REMAX Bayshore - Union St TC
Buyer's Agent
Joan Sturmer
REO-TCFront-233021
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$2,311,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,071
Avg. Annual Appreciation
8.05%
Source: Public Records

Range of Values:

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Sold Price
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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
Moore Phoebe $1,811,990 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,800,000 0.0% $518 / Sq Ft
01/18/2022 01/18/22 Off Market $1,800,000 -- --
06/23/2021 06/23/21 For Sale $1,800,000 -- $518 / Sq Ft
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 $27,108 $1,054,600 $0 $0
2024 $17,831 $985,100 $0 $0
2023 $17,062 $182,700 $0 $0
2022 $16,762 $742,900 $0 $0
2021 $1,182 $182,700 $0 $0
2020 $1,625 $175,200 $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

    Section Image
  • Joan Sturmer

    Buyer's Agent in 2022

    Joan Sturmer

    Real Estate One

    (231) 633-2603

    2 in this area

    46 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1889239

Northern Great Lakes REALTORS® MLS

APN: 11-609-037-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

15957 Waters Edge Dr Unit 37, Traverse City, MI

This home is located at 15957 Waters Edge Dr Unit 37, Traverse City, MI 49686 since 23 June 2021 and is currently estimated at $2,247,014, approximately $646 per square foot. This property was built in 2021. 15957 Waters Edge Dr Unit 37 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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