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Tru Living Group LLC

infomi@trulivingroup.com +1(734) 746-5001

$ 1,100,000

Est. payment -/mo

Save

New

12016 Peninsula DR Traverse City, MI 49686

4 Beds

3 Baths

1,987 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,987 sqft

Price per Sqft $553

Subdivision Braemar Estates

MLS Listing ID 78080064897

Bedrooms 4

Full Baths 3

Year Built 1971

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type SingleFamilyResidence

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.

Location

State MI

County Grand Traverse

Area Area28011Peninsulatwp

Rooms

Basement Block, PartiallyFinished

Lower Level, 8.0*9.0 Laundry

Lower Level, 13.0*9.0 Bedroom4

Upper Level, 11.0*11.0 Bedroom2

Main Level, 10.0*10.0 DiningRoom

Main Level, 19.0*13.0 LivingRoom

Upper Level, 9.0*11.0 Bedroom3

Lower Level, 13.0*9.0 FamilyRoom

Upper Level, 11.0*13.0 Bedroom1

Main Level, 10.0*10.0 Kitchen

Interior

Interior Features EntranceFoyer

Heating Baseboard, Hot Water, Natural Gas

Fireplace Yes

Exterior

Parking Features TwoCarGarage, Attached, Garage, GarageDoorOpener

Garage Spaces 2.0

Waterfront Description AllSportsLake, WaterAccessRights, Waterfront, SandyBottom

View Y/N No

Garage true

Building

Lot Description Cleared, WaterView, Sloped, Wooded

Foundation Basement, Block

Sewer Septic Tank

Water Well

New Construction No

Schools

High Schools Traverse City

School District Traverse City

Others

Acceptable Financing Cash, Conventional, FHA, Trade1031Exchange, VaLoan

Listing Terms Cash, Conventional, FHA, Trade1031Exchange, VaLoan

Special Listing Condition Standard

Listed by Kate Reichard of Century 21 Northland

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