$775,000 $4,160 est/mo Sourced by Back At You
12016 Peninsula Drive,Traverse City, MI 49686
Traverse City, MI 49686
Description
An extraordinary opportunity awaits on iconic Peninsula Drive. Set on approximately one-half acre with 100 feet of private frontage, this premier waterfront parcel offers an exceptional setting for a custom home in one of Traverse City's most prestigious locations. Surrounded by stunning natural beauty and sweeping water views, you'll enjoy the tranquility of waterfront living while remaining just minutes from downtown, renowned wineries, championship golf, beaches, and vibrant dining. Opportunities to own private frontage on Peninsula Drive are exceedingly rare, making this a legacy property worthy of your vision
Details
| MLS # | 80071541 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 76 |
| Listing Provided By | Century 21 Northland | Kate Reichard |
Features
| Zoning | Residential |
|---|---|
| Acreage | 0.50 |
| Water Front | Yes |
| Property View | Water |
Exterior
| Lot Features | Sloped, Wooded |
|---|
Utilities
| Utilities | Electricity Available, Natural Gas Available, Water Available |
|---|
Other
| List Aor | Aspire North REALTORS |
|---|
Area Information
| State | MI |
|---|---|
| County | Grand Traverse |
| City | Traverse City |
| Zip Code | 49686 |
| Area | Peninsula Twp (28011) |
| Community Name | Braemar Estates |
| Listing VS Median (in Braemar Estates) | |
Price: $775,000 low | high Med: $0 On site: 76 low | high Med: | |
Market Activity 49686
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Learn More About This Property
| State | MI |
|---|---|
| County | Grand Traverse |
| City | Traverse City |
| Zip Code | 49686 |
| Area | Peninsula Twp (28011) |
| Community Name | Braemar Estates |
| Listing VS Median (in Braemar Estates) | |
Price: $775,000 low | high Med: $0 On site: 76 low | high Med: | |
Listing Updated: September 29, 2026 at 4:43:37 AM PDT