$1,299,000

7124 Peninsula Dr Traverse City, MI 49686

$10,000
Closing credit¹
5 beds
3 full
2,078 sqft
0.9 acres
$625 / sqft
House

Property details

About 7124 Peninsula Dr

West Bay Waterfront! Main Home and Guest Cottage. 114 Ft of Private Waterfront Close to Downtown. Front Row for Fireworks & Air Shows. Large Deck at Beach. New Dock Included in Sale. Boat Hoist Included in Sale. New Roof in 2016 (Main House). Great Sunset Views. Gas Fireplace. Central AC. Unique Property. Rare Opportunity for Waterfront So Close to Town!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusSale Pending
(Pending)
CoolingCentral Air
Size2,078 sqft
Lot size0.87 Acres
Year built1951
ParkingBrick,Circular, Attached,Door Opener,Concrete Floors
MLS #1932419
Attached garage1 space
WaterfrontPrivate Frontage, Water View, Private Dock, Sandy Bottom, Stony Bottom, Sandy Shoreline
FireplaceFireplace(s), Gas

Summary

  • MLS Number: 1932419
  • MLS Name: TAAR
  • Office Name: Five Star Real Estate - Front St TC
  • Office Phone: (231) 778-1200
  • Office Email: greg@fivestarleaders.com
  • Listing Agent: Sam Abood

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: 4/23/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home featuring a chimney, a front lawn, and aphalt driveway

$1,299,000

7124 Peninsula Dr

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$475,000$13,037
2023$334,500$-
2022$343,300$12,347
2021$334,500$7,892
2020$294,100$7,828
2019$285,900$-
2018$273,500$-
2017$257,500$-

History based on county public records data.

Nearby schools

4

Eastern Elementary School

Public District PK-5

1.5 mi

1600 Eastern Ave

7

Central Grade Elementary School

Public District PK-5

2.9 mi

301 7th St

3

Traverse Heights Elementary School

Public District PK-5

2.9 mi

933 Rose St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $86,549. Residents of Traverse City, MI typically earn between $35k-100k each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
36%
35k-100k
18%
100k-200k
25%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
5%
Single, with Kids
44%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
10%
18-34 yrs old
45%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • PaneraPanera
  • Bob EvansBob Evans

What do the neighbors drive?

  • LexusLexus
  • InfinitiInfiniti
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Frequently asked questions

About 7124 Peninsula Dr

This home is located at 7124 Peninsula Dr in Traverse City, MI and zip code 49686. This 2,078 square foot home, which was built in 1951, sits on a 0.87 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $1,299,000.

Over 7 listings were sold over their listed price in March 2025 in Traverse City, MI. In the same period over 43 listings were sold below the listed price and 14 listings were sold for the listed price. Between February and March 2025, Traverse City, MI real estate market has seen increase in the number of listings by 21.3%. In March 2025 median list price was $456,700 and the average listing age was 94 days.

From Rocket Homes Real Estate and based on county public records data.

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