MI > Grand Traverse > Traverse City > 14588 Peninsula Drive

$2,975,000

Reduced ($25,000) on 06/12/2024

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  • 4 Bedrooms
  • 2 Full Bath
  • 1 3/4 Bath
  • 1 Half Bath
  • 4,500 SqFt
  • MLS# 1921615
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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.

Property Information

Status
Active 
Address
14588 Peninsula Drive 
City
Traverse City 
Zip
49686 
County
Grand Traverse 
Township
Peninsula 
Possession
Negotiable 
Price Reduction
($25,000) on 06/12/2024
Zoning
Agricultural Res, Horses Allowed, Outbuildings Allowed
Property Type
Residential
Listing Date
04/27/2024 
Total Finished SqFt
4,500 
Lower Finished SqFt
1,200 
Above Grade SqFt
3,300 
Unfinished SqFt
1,000 
Garage
3.0 
Garage Desc.
Attached, Concrete Floors, Door Opener, Heated, Paved Driveway 
Waterfront Desc
None 
Water
Private Well
Sewer
Private Septic
Year Built
2007 
Home Style
2 Story, Craftsman 

School Information

School District
Traverse City 

Rooms and Land

MasterBedroom
15.4X16.7 1st Floor
Bedroom2
17.6X13 2nd Floor
Bedroom3
15.6X13 2nd Floor
Bedroom4
13.1X13 Lower Floor
Dining
15X12.5 1st Floor
Family
25.7X21.4 Lower Floor
Kitchen
16X15.5 1st Floor
Laundry
13.4X6.9 1st Floor
Living
21.2X18.10 1st Floor
Other
15X19 2nd Floor
1st Floor Master
Yes 
Basement
Egress Windows, Finished Rooms, Plumbed for Bath, Poured Concrete, Walkout 
Cooling
Central Air, Forced Air, Hot Water, Humidifier, Natural Gas, Radiant Floor, Zoned/Dual 
Heating
Central Air, Forced Air, Hot Water, Humidifier, Natural Gas, Radiant Floor, Zoned/Dual 
Acreage
60.0 
Lot Dimensions
Irregular 
Appliances
Blinds, Ceiling Fan, Central Vacuum, Cook Top, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Natural Gas Water Heater, Oven/Range, Refrigerator, Security System, Smoke Alarms(s), Washer, Water Softener Owned 

Features

Fireplace Desc.
Fireplace(s), Gas 
Interior Features
Built-In Bookcase, Den/Study, Foyer Entrance, Granite Kitchen Tops, Great Room, Island Kitchen, Mud Room, Pantry, Solid Surface Counters, Walk-In Closet(s), Workshop 
Exterior Materials
Stone, Wood 
Exterior Features
Countryside View, Covered Porch, Deck, Landscaped, Patio, Sprinkler System 
Additional Buildings
None 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1921615 Jun 12 2024 9:57PM $2,975,000 $3,000,000 54
1921615 Active Apr 27 2024 11:16AM $3,000,000 54
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St

14588 Peninsula Drive Traverse City
Contact us
$2,975,000
For Sale • Bed: 4 • Bath: 2/1