$1,100,000

12016 Peninsula Drive, Peninsula Twp, MI 49686

  • 4 beds |
  • 3 baths |
  • 1,987 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon1acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $554/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Extremely rare opportunity to purchase two adjacent properties on Peninsula Drive and Braemar Drive in Traverse City, offered together as a unique package. The offering includes a .5-acre vacant lot with approximately 100 feet of private frontage on Peninsula Drive, along with a 4-bedroom, 3-bath home on a .5-acre lot on Braemar Drive featuring shared water access. Together, these properties present exceptional potential for a private estate, redevelopment, or long-term investment in one of Traverse Citys most sought-after locations. Just minutes from downtown Traverse City, beaches, wineries, and year-round recreation. Opportunities of this caliber, size, and proximity are seldom available.

Listing Status:
Active
Data Last Updated:
March 4, 2026 at 7:41AM
Listing Office:
Century 21 Northland : 2319297900
Listing Agent:
Kate Reichard :
MLS ID:
78080064897
  • General: Entrance foyer
  • Appliances: DishwasherDryerRefrigeratorWasher
  • Basement: BlockPartially finished
  • Heating: BaseboardHot waterNatural gas
  • Fireplace: Fireplace
  • Other Structures: Deck
  • Parking: Two car garageAttachedGarageGarage door opener
  • General: Aluminum sidingQuadLevelBasementBlock
  • Originating MLS: Aspire North REALTORS
  • School District: Traverse city
  • County: Grand traverse
  • Zoning: See assoc docs11-440-016-00 &-031-00
  • Waterfront: 100
  • Water: Well
  • Sewer: Septic tank
  • Source: Aspire North REALTORS

This listing courtesy of Kate Reichard , Century 21 Northland

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eastern Elementary School

1600 Eastern Ave, Traverse City, MI, 49686

Grades PK-5

6.80 miles away

T

Tcaps Montessori School

1009 S Oak St, Traverse City, MI, 49684

Grades PK-7

8.14 miles away

T

Traverse City Central High School

1150 Milliken Dr, Traverse City, MI, 49686

Grades 9-12

6.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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  • 3 bath |
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