$1,300,000

1941 Us-31 N Unit 24 Traverse City, MI 49686

Estimated payment $8,670/month

Total Views 106
2 Beds
2 Baths
1,117 Sq Ft
$1,164 Price per Sq Ft

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Bay View
  • Central High School Rated A-
  • Sandy Beach
  • Main Floor Primary Bedroom

About This Home

Welcome to Peninsula Bay’s premier 2nd floor retreat, perched above Miracle Mile’s sandy shoreline with panoramic East Bay views. This residence blends a luxury lifestyle with the ease of a true turnkey escape. From the moment you step into this fully furnished condo, you’ll notice the thoughtful renovation throughout—every detail in the kitchen and bathrooms has been reimagined with high-end finishes, granite, and custom design touches. The kitchen is a chef’s dream with premium appliances, a gas range, double-drawer dishwasher, and generous pantry space. An open layout connects seamlessly to the living area, where a gas fireplace and expansive water views set the tone for effortless entertaining. The water-facing primary suite is a private sanctuary with a walk-in closet and spa-like shower, while the guest bedroom also features a walk-in closet and elegant finishes. In-unit laundry, and a spacious covered balcony add to the everyday comfort. Peninsula Bay itself elevates the experience: 330 feet of sandy frontage, a heated pool and hot tub, grill and gathering areas, chaise lounges on a groomed beach, a secure lobby, elevator, and even heated sidewalks for year-round ease. Whether you’re savoring a sunset from your balcony or exploring the walkable Miracle Mile, this home captures the very best of Bayfront living. Short-term rentals are allowed, offering excellent investment flexibility.

Listing Agent

Don Stewart

EXIT Northern Shores Realty-ER License #6501451286 Listed on: 09/23/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Private Waterfront
  • 330 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

HOA Fees

  • $505 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,117 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Formal Dining Room
  • Bay Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Property is near a lake
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, sewer, trash removal, snow removal, lawn care, exterior maintenance, liability insurance
  • Peninsula Bay Resort Community

Amenities

  • Elevator

Recreation

  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 2006
  • Construction: Frame, Timber Frame
  • Private Shared: Shared
  • Section Number: 8
  • Year Renovated: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Blinds, Drapes, Curtain Rods
  • Interior Amenities: Skylights, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Pantry, Island Kitchen, Formal Dining Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13x12
  • Bedroom 2: Dimensions: 13x10
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 13x10
  • Living Room: Dimensions: 20xcombo
  • Estimated Above Ground Finished Sq Ft: 1117
  • Price Per Sq Ft: 1163.83
  • Range: R 10W
  • Total Finished Sf Apx: 1117

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Covered Porch
  • Exterior Finish: Stone, Wood
  • Foundation: Slab
  • Road: Blacktop
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Sandy Bottom, Private Lake, Public Lake, Sandy Shoreline, Bay View
  • Waterfront Frontage: 330

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Unknown, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Water, Sewer, Trash Removal, Snow Removal, Lawn Care, Exterior Maintenance, Liability Insurance
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor), Elevator
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 504.5

Association/Amenities

  • Development Amenities: Pool, Pets Allowed
  • Development Name: Peninsula Bay Resort

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Taxable Value: 317310

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2025 09/23/25 For Sale $1,300,000 -- $1,164 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1938878

Northern Great Lakes REALTORS® MLS