$625,000

489 Peninsula Trail Traverse City, MI 49696

Estimated payment $3,746/month

3 Beds
1 Bath
992 Sq Ft
$630 Price per Sq Ft

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Wooded Lot

About This Home

This charming Spider Lake cottage offers the perfect Up North getaway! Just steps from the water’s edge, this rare find features an ideal south-facing sandy beach with pristine, sandy-bottom frontage, perfect for swimming, kayaking, or relaxing by the shore. Enjoy sparkling lake views from every vantage point and unwind in a retreat that blends classic cottage character with thoughtful updates throughout. Offered turnkey and ready for immediate enjoyment, it’s a timeless setting where memories are made and cherished for generations to come.

Listing Agent

Matt Geib

Viewpoint Realty License #6502432932 Listed on: 10/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 282x60
  • Private Waterfront
  • 60 Feet of Waterfront
  • Sandy Beach
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Private Driveway

Home Design

  • Ranch Style House
  • Cottage
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 992 Sq Ft Home
  • Drapes & Rods
  • Mud Room
  • Screened Porch
  • Water Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Window Egress

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Pinewood Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,618

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Cottage, 1 Story
  • Estimated Year Built: 1961
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1961
  • Year Renovated: 2015

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Window A/C Unit(s), Drapes, Curtain Rods, Electric Water Heater
  • Interior Amenities: Pantry, Mud Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15.25x11.5, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 11.5x10.8, On Level: Main Floor, Flooring: Laminate
  • Bedroom 3: Dimensions: 12x8.5, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 8xcombo, On Level: Lower Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 19.75xcombo, On Level: Lower Floor, Flooring: Vinyl
  • Living Room: Dimensions: 19.75xcombo, On Level: Lower Floor, Flooring: Vinyl
  • Other Room: Dimensions: 15x7.8, On Level: Lower Floor, Flooring: Concrete
  • Range: R 10W
  • Total Finished Sf Apx: 992

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Patio, Covered Porch, Porch, Screened Porch, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Block, Finished Rooms, Egress Windows
  • Number Of Acres: 0.37
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway: Blacktop, Private

Utilities

  • Heating Cooling Types: Wall, Window Air Conditioner
  • Laundry: Dimensions: 14.3x11.25, On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Pinewood Shores

Lot Info

  • Lot Number: 108
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens
  • Lot Dimensions: 282x60
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Outbuildings Allowed

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

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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 $5,618 $200,200 $0 $0
2024 $4,517 $183,600 $0 $0
2023 $4,312 $133,600 $0 $0
2022 $5,061 $132,400 $0 $0
2021 $4,891 $133,600 $0 $0
2020 $4,812 $124,500 $0 $0
2019 $4,790 $119,100 $0 $0
2018 $4,676 $116,400 $0 $0
2017 -- $115,200 $0 $0
2016 -- $111,900 $0 $0
2014 -- $99,900 $0 $0
2012 -- $98,250 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 For Sale $625,000 +228.9% $630 / Sq Ft
04/11/2014 04/11/14 Sold $190,000 -13.6% $189 / Sq Ft View Prior Sale
01/19/2014 01/19/14 Pending -- -- --
09/05/2013 09/05/13 For Sale $219,900 -- $218 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $190,000 --
Deed -- --
Deed $115,000 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1939979

Northern Great Lakes REALTORS® MLS

APN: 03-620-108-00