14588 Peninsula Drive, Traverse City, MI 49686

$2,975,000 Asking Price

4 beds
3 baths
4,500  sqft
Built in 2007

Great news for this exceptional property on Old Mission Peninsula- Buyers can assume sellers 3.8 interest rate with an annual dividend return. Boasting over 60 acres of stunning countryside views & a luxurious stately home, it is just a 5-minute drive to all major wineries, local pubs, live music at Mission Proper & the renowned Boat House Restaurant. The orchard features high-density Honey Crisp apples and is managed by the largest family-owned farmers in the area. Even if you're not an experienced farmer, there's no need to worry as the local farmer takes care of everything, and profits are shared at the end of the year. The large 60x40 pole barn is perfect for storage of boats/tractors. Robert Yvonne designed this 4,500 sq ft home with ample windows to soak in the countryside & plenty of room for entertaining- even it's own pub-like finished lower level This 4 bedrooms/ 4 bathrooms, each thoughtfully designed with luxurious finishes like heated floors & big spacious rooms. Outfitted with high-end fixtures & finishes, including a top of the line gourmet kitchen as well as a nice gym with Ai Tonal gym (Google it!). With privacy rights to the south, your breathtaking views will never be obstructed. Additionally, the property is currently listed with the county as agricultural land, providing attractive tax benefits.

Features & Amenities

Interior

General:
Built-In Bookcase,Foyer Entrance,Walk-In Closet(s),Pantry,Granite Kitchen Tops,Solid Surface Counters,Island Kitchen,Mud Room,Great Room,Den/Study,Workshop
Appliances:
Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Water Softener Owned,Washer,Dryer,Central Vacuum,Security System,Cook Top,Exhaust Fan,Blinds,Ceiling Fan,Natural Gas Water Heater,Smoke Alarms(s)
Basement:
Walkout,Poured Concrete,Finished Rooms,Egress Windows,Plumbed for Bath
A/C:
Forced Air,Hot Water,Central Air,Humidifier,Zoned/Dual,Radiant Floor
Heating:
Forced Air,Hot Water,Central Air,Humidifier,Zoned/Dual,Radiant Floor, Natural Gas
Fireplace:
Fireplace(s),Gas

Exterior

General:
Stone,Wood, Sprinkler System,Deck,Patio,Countryside View,Covered Porch,Landscaped
Style:
2 Story,Craftsman
Other Structures:
None

Construction

Roofing:
Asphalt
General:
2x6 Framing,Frame, 2 Story,Craftsman, Walkout,Poured Concrete,Finished Rooms,Egress Windows,Plumbed for Bath

Location

Road/Access:
Public Maintained,Blacktop
HOA Amenities:
None
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Driveway:
Blacktop,Private
Zoning:
Horses Allowed,Outbuildings Allowed,Agricultural Res, See associated documents

Utilities

Water:
Private Well
Sewer:
Private Septic

This listing courtesy of:
Coldwell Banker Schmidt-522, Shawn Schmidt Smith

About Traverse City, MI

Housing

Number of Units
37,647
Median Home Value
$253,583
Median Rent
$889

24.77% of housing units are renter occupied.

11.10% are vacant.

Commute

Car
80.96%
Public Transportation
1.36%
Walk to Work
2.46%
Work from Home
13.26%
Other
0.48%

The median travel time to work is 18 minutes.

People

Population
75,364
Median Age
43.50
Median Household Size
2.53

Education

High School
20.97%
Associate’s Degree
9.01%
Bachelor’s Degree
26.84%
Graduate Degree
15.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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