#1934864, Ann Porter, Listing office: REO-TCRandolph-233022
$749,900 List price
16981 Peninsula Dr Traverse City, MI 49686
3 beds
1 full, 1 partial
1,950 sqft
1.3 acres
$385 / sqft
House
Property details
About 16981 Peninsula Dr
Perched on top of Old Mission Peninsula and tucked between beautiful vineyards and sweet cherry trees, you will find one of the most stunning land, bay and sunset views Traverse City has to offer. This "retro-charm" ranch offers the perfect location; central to local amenities like the library, award winning restaurants, churches, parks, beaches and an extensive trails system to explore and enjoy. Imagine sitting amongst mature maple, walnut and spruce trees, enjoying a park like setting in your own backyard, listening to birdsong and watching eagles fish in the distance. Be at peace knowing that the land around you is protected from development and will likely remain virtually unchanged. Grapes, blackberries and 5 different varieties of fruit trees will hone your gardening skills and fill your freezer. Carefully chosen perennials will provide you with fresh flowers from April to November. Warm hardwood floors greet you as you enter this 3 bedroom ranch and take in the panoramic view from the front door. The large living room can double as a gathering space for family and friends and a huge dining room for Holiday celebrations. The family room offers a wood burning fireplace that will warm all the hearts and toes in the house and the all around best view of the Bay. The large kitchen that opens to the dining area and deck is perfect for summer entertaining or just a simple morning cup of coffee. The main floor laundry and mudroom off the attached two car garage offers convenience and quick clean up. Plenty of storage and room for hobbies is available in the full basement. Talk with your agent for a list of updates that you may not see with your eyes, but will keep your wallet healthy for many years.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,950 sqft
Lot size1.34 Acres
Year built1948
ParkingConcrete,Circular, Attached,Door Opener,Concrete Floors
MLS #1933391
Attached garage2 spaces
WaterfrontWater View
FireplaceFireplace(s), Wood, Heatilator Style
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
- Interior: Mud Room, Formal Dining Room, Den/Study, Game Room
- Fireplace: Fireplace(s), Wood, Heatilator Style
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Concrete,Circular, Attached,Door Opener,Concrete Floors
- Waterfront: Water View
- Exterior: Bay View, Cement Board
- Architectural Style: Ranch, 1 Story
- Heating: Forced Air
- List Price: $749,900
- Price/SqFt: $384
- Annual Tax Amount: $2,210
- Tax Year: 2024
- Lot: Rolling/Hilly
- Directions: Home is on the SW corner of Peninsula Dr and Eimen Rd.
- Year Built: 1948
- Living Area: 1,950 SqFt
- Lot Size: 1.34 Acres
- MLS Number: 1933391
- MLS Name: TAAR
- Office Name: REO-TCRandolph-233022
- Office Phone: (231) 944-4959
- Listing Agent: Ann Porter
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 1:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $203,300 | $2,210 |
| 2023 | $123,500 | $- |
| 2022 | $164,300 | $2,104 |
| 2021 | $123,500 | $1,964 |
| 2020 | $115,200 | $1,955 |
| 2019 | $111,900 | $- |
| 2018 | $108,400 | $- |
| 2017 | $104,300 | $- |
History based on county public records data.
Nearby schools
7
Old Mission Peninsula School
Public Charter KG-6
4.3 mi
•2699 Island View Rd
7
Lakeland Elementary School
Public District PK-5
6.5 mi
•616 Buckley St
4
Suttons Bay Elementary School
Public District KG-5
7.3 mi
•310 S Elm St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,911. Typical income of Traverse City, MI residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
37%
<35k
41%
35k-100k
18%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
4%
Single, with Kids
46%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
10%
18-34 yrs old
50%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 16981 Peninsula Dr
The listing price of 16981 Peninsula Dr property is $749,900.
The property 16981 Peninsula Dr is a house located in Traverse City, Michigan, 49686.
Active Listing: 16981 Peninsula Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16981 Peninsula Dr are: Old Mission Peninsula School (GreatSchools Rating 7/10), Lakeland Elementary School (GreatSchools Rating 7/10), Suttons Bay Elementary School (GreatSchools Rating 4/10), Cherryland Middle School (GreatSchools Rating 7/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City West Middle School (GreatSchools Rating 7/10), Sunrise Academy (GreatSchools Rating 3/10), Elk Rapids High School (GreatSchools Rating 9/10), Suttons Bay Virtual School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,210 (source: MLS/based on county public records data).
The property at 16981 Peninsula Dr has 3 bedrooms and 1 full and 1 half bathrooms.
The property 16981 Peninsula Dr is 1,950 SqFt (source: MLS/tax record).
The year of construction for 16981 Peninsula Dr is 1948.
This home is located at 16981 Peninsula Dr in Traverse City, MI and zip code 49686. This 1,950 square foot home, which was built in 1948, sits on a 1.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $749,900.
Over 28 listings were sold over their listed price in June 2025 in Traverse City, MI. In the same period over 56 listings were sold below the listed price and 34 listings were sold for the listed price. The inventory of homes for sale in Traverse City, MI between May and June 2025 increased by 12.7%. In June 2025 median list price was $445,000 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.