UNDER CONTRACT
$110K PRICE DROP
16981 Peninsula Dr Traverse City, MI 49686
Old Mission Peninsula NeighborhoodEstimated payment $3,844/month
Total Views
11,138
3
Beds
1.5
Baths
1,950
Sq Ft
$346
Price per Sq Ft
Highlights
- Bay View
- Ranch Style House
- Game Room
- Central High School Rated A-
- Mud Room
- Den
About This Home
Perched on top of Old Mission Peninsula and tucked between beautiful vineyards and sweet cherry trees, you will find one of the most stunning land, bay and sunset views Traverse City has to offer. This "retro-charm" ranch offers the perfect location; central to local amenities like the library, award winning restaurants, churches, parks, beaches and an extensive trails system to explore and enjoy. Imagine sitting amongst mature maple, walnut and spruce trees, enjoying a park like setting in your own backyard, listening to birdsong and watching eagles fish in the distance. Be at peace knowing that the land around you is protected from development and will likely remain virtually unchanged. Grapes, blackberries and 5 different varieties of fruit trees will hone your gardening skills and fill your freezer. Carefully chosen perennials will provide you with fresh flowers from April to November. Warm hardwood floors greet you as you enter this 3 bedroom ranch and take in the panoramic view from the front door. The large living room can double as a gathering space for family and friends and a huge dining room for Holiday celebrations. The family room offers a wood burning fireplace that will warm all the hearts and toes in the house and the all around best view of the Bay. The large kitchen that opens to the dining area and deck is perfect for summer entertaining or just a simple morning cup of coffee. The main floor laundry and mudroom off the attached two car garage offers convenience and quick clean up. Plenty of storage and room for hobbies is available in the full basement. Talk with your agent for a list of updates that you may not see with your eyes, but will keep your wallet healthy for many years.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,336
Year Built
- Built in 1948
Lot Details
- 1.34 Acre Lot
- Lot Dimensions are 240 x 240
- Lot Has A Rolling Slope
- The community has rules related to zoning restrictions
Home Design
- Ranch Style House
- Block Foundation
- Frame Construction
- Asphalt Roof
- Cement Board or Planked
Interior Spaces
- 1,950 Sq Ft Home
- Wood Burning Fireplace
- Heatilator
- Mud Room
- Formal Dining Room
- Den
- Game Room
- Bay Views
- Basement
- Basement Windows
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Schools
- Old Mission Peninsula Elementary School
- Traverse City East Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Electric Water Heater
- Cable TV Available
Map
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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 | $2,336 | $224,300 | $0 | $0 |
| 2024 | $1,537 | $203,300 | $0 | $0 |
| 2023 | $1,471 | $123,500 | $0 | $0 |
| 2022 | $2,105 | $164,300 | $0 | $0 |
| 2021 | $1,965 | $123,500 | $0 | $0 |
| 2020 | $1,945 | $115,200 | $0 | $0 |
| 2019 | $1,955 | $111,900 | $0 | $0 |
| 2018 | $2,618 | $108,400 | $0 | $0 |
| 2017 | -- | $104,300 | $0 | $0 |
| 2016 | -- | $103,100 | $0 | $0 |
| 2014 | -- | $105,600 | $0 | $0 |
| 2012 | -- | $108,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $675,000 | -10.0% | $346 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $749,900 | -4.5% | $385 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $785,000 | -- | $403 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $95,500 | -- |
Source: Public Records
Similar Homes in Traverse City, MI
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1933391
APN: 11-109-001-10
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.
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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