14416 Peninsula Drive, Traverse City, MI 49686
Bedford Woods · Grand Traverse County
Key Facts
Description
Welcome to your own private slice of northern Michigan paradise. Perfectly situated in the heart of the world-renowned Old Mission Peninsula, this beautifully updated 2-bedroom ranch offers an unmatched blend of quiet country living and effortless lifestyle convenience. Nestled on a sprawling, wooded 1.2-acre lot, the property provides a soothing, deeply quiet sanctuary where the sounds of nature replace the hum of the city. Step inside to find an interior flooded with brilliant natural light, anchored by a cozy wood-burning masonry fireplace. The home features fresh paint, upgraded modern light fixtures, and a stunning, refreshed dining space that easily doubles as a sun-drenched four-seasons room—the perfect spot for your morning coffee while watching local wildlife glide through the trees. The primary suite is a true retreat, boasting a completely remodeled en-suite bathroom with a spacious walk-in shower and a deep soaking tub designed for unwinding. Outside, a massive back deck offers the ultimate setup for summer barbecues, evening wine tastings, or stargazing in total privacy. Peace of mind comes standard here with a brand-new roof installed in 2024. Whether you are walking down the trail at the nearby Pyatt Lake Nature Preserve, cycling past rolling cherry orchards, or heading out for dinner at one of the peninsula's award-winning farm-to-table restaurants, this property delivers the quintessential Traverse City lifestyle.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1983
Living Area
1,880 sq ft
Lot Size
1.20 acres
Lot Dimensions
approx 150x316
Garage Spaces
2
Days on Market
65
MLS® Listing#
1945152
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Community
Utilities
Sewer
Water Source
Financial Details
HOA
Yes
Assessed Value
$144,112
Parcel Number
11413-00-00
Directions
GO NORTH ON M-37 / PENINSULA DRIVE (about 9.7 miles), then head slightly left at SEVEN HILLS ROAD, go 0.9 mile, then turn left on Peninsula drive, home will be on left
Affordability Calculator
$133,800
Estimated monthly payment
$3,561/mo
Principal $535,200 · Est. interest $746,652 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Traverse City, MI
- $234,833
- Median Listing Price
- 60
- Median Days on Market
- 1,490
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 13,302
- Active Listings
- This home’s price is 185% above the area median.
- Its price per sq ft is 162% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Traverse City, MI.
Location
Points of Interest in Traverse City, MI
Showing the Traverse City area map.
Nearby Schools
Old Mission Peninsula School
Elementary · 1.6 mi away
Elk Rapids Schools
Elementary · 5.9 mi away
Cherryland Middle School
Secondary · 5.9 mi away
Elk Rapids Public School
Secondary · 5.9 mi away
Elk Rapids High School
Secondary · 6.0 mi away
Suttons Bay High School
Secondary · 8.5 mi away
Suttons Bay Senior High School
Secondary · 8.5 mi away
Suttons Bay Public Schools
Secondary · 8.5 mi away
Leelanau Montessori
Elementary · 8.5 mi away
Pathfinder School
School · 8.8 mi away
Community Children's Center
School · 9.0 mi away
Norris Elementary School
Elementary · 9.2 mi away
Eastern Elementary School
Elementary · 9.5 mi away
Traverse City Area Public Schools
Elementary · 9.5 mi away
Traverse City Central High School
Secondary · 9.6 mi away
Bethlehem Nursery School
Elementary · 9.9 mi away
Oak Park Elementary School
Elementary · 10.0 mi away
Elk Rapids Schools
Elementary · 10.4 mi away
Traverse Bay Christian School
School · 10.4 mi away
Traverse City Senior High School
Secondary · 10.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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|---|---|---|---|---|
| 219 S Sydney Court, Plymouth City, MI | $468,500 | 3 | 4 | 2,000 |
| 2417-2419 Edgewood Avenue SE, Grand Rapids City, MI | $469,000 | 6 | — | 3,826 |
| 210 W Kingsley Street, Ann Arbor City, MI | $469,000 | 2 | 1 | 936 |
| 4645 John R Street 12, Detroit City, MI | $469,000 | 2 | 2 | 1,158 |
| 12853 Shady Lane Drive, Sterling Heights City, MI | $469,000 | 4 | 3 | 3,974 |
| 6805 Emerald Shores Drive, Troy City, MI | $469,000 | 3 | 3 | 2,793 |
Moving Cost Estimate
EXIT Agents in Traverse City
Listing Courtesy: Five Star Real Estate - Front St TC