#1935953, Matthew Beaudry, Listing office: Wentworth Real Estate Group
$1,770,000 List price
7981 Underwood Rdg Traverse City, MI 49686
5 beds
2 full, 1 partial
5,004 sqft
1.4 acres
$354 / sqft
House
Property details
About 7981 Underwood Rdg
Elegant Estate on Old Mission Peninsula with Vineyard Views & Stunning Sunrises Welcome to this beautifully updated 5-bedroom, 4-bathroom estate nestled in the heart of Old Mission Peninsula’s prestigious Underwood Farms neighborhood. Perfectly situated between the sparkling shores of West and East Grand Traverse Bay and surrounded by rolling vineyards, this spacious home offers privacy, luxury, and spectacular sunsets. Inside, you’ll find over 5,000 square feet of thoughtfully designed living space with two grand staircases, two fireplaces, and a seamless blend of timeless charm and modern updates. Key Features & Updates: Interior: All-new hardwood floors (2013), renovated primary suite with spa-like bath and custom walk-in closet, upgraded crown molding and woodwork throughout foyer and staircases, expanded kitchen island with newer refrigerator (2022), family room addition off kitchen (2016), and new carpet in basement and 3 upstairs bedrooms (2021). Exterior: Full exterior transformation in 2016, including new siding (replacing original brick), metal roof accents, detailed trim work, new front porch, and front door. Mechanical: Two new hot water heaters and furnaces (approx. 2015).
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
(New)
(New)
CoolingCentral Air
Size5,004 sqft
Lot size1.41 Acres
Year built1999
ParkingBlacktop,Concrete, Attached,Door Opener,Heated,Concrete Floors
MLS #1936373
Attached garage3 spaces
WaterfrontAll Sports, Water View, Soft Bottom, Sandy Bottom, Waterfront, Public Lake
FireplaceFireplace(s), Gas
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Ceiling Fan(s)
- Interior: Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Great Room, Den/Study, Exercise Room, Beamed Ceilings, Vaulted Ceilings
- Fireplace: Fireplace(s), Gas
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Blacktop,Concrete, Attached,Door Opener,Heated,Concrete Floors
- Waterfront: All Sports, Water View, Soft Bottom, Sandy Bottom, Waterfront, Public Lake
- Exterior: Sprinkler System,Deck,Invisible Pet Fencing,Landscaped,Gutters, Wood,Shingle
- Architectural Style: 1.5 Story
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,770,000
- Price/SqFt: $353
- Annual Tax Amount: $13,732
- Tax Year: 2024
- Lot: Cleared, Level, Sloped
- Directions: Center Rd (M-37) to Left at Underwood L on Underwood Ridge on right.
- Year Built: 1999
- Living Area: 5,004 SqFt
- Lot Size: 1.41 Acres
- MLS Number: 1936373
- MLS Name: TAAR
- Office Name: Coldwell Banker Schmidt Traver
- Office Phone: (231) 709-5882
- Listing Agent: Pamela Klumpp
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: 7/19/2025, 12:55:28 AM 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 | $698,700 | $13,732 |
| 2023 | $478,400 | $- |
| 2022 | $509,300 | $13,078 |
| 2021 | $478,400 | $12,207 |
History based on county public records data.
Nearby schools
4
Eastern Elementary School
Public District PK-5
3.3 mi
•1600 Eastern Ave
7
Old Mission Peninsula School
Public Charter KG-6
4.6 mi
•2699 Island View Rd
3
Traverse Heights Elementary School
Public District PK-5
4.8 mi
•933 Rose 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 $86,549. The majority of Traverse City, MI residents have income between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
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/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Cracker Barrel
Panera
Bob Evans
What do the neighbors drive?
Lexus
Infiniti
Lincoln
What do the neighbors listen to?
Oldies
Adult Hits
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7981 Underwood Rdg
The listing price of 7981 Underwood Rdg property is $1,770,000.
The property 7981 Underwood Rdg is a house located in Traverse City, Michigan, 49686.
Active Listing: 7981 Underwood Rdg is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7981 Underwood Rdg are: Eastern Elementary School (GreatSchools Rating 4/10), Old Mission Peninsula School (GreatSchools Rating 7/10), Traverse Heights Elementary School (GreatSchools Rating 3/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City West Middle School (GreatSchools Rating 7/10), Traverse City East Middle School (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 8/10), Traverse City High School (GreatSchools Rating 2/10), The Greenspire School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $13,732 (source: MLS/based on county public records data).
The property at 7981 Underwood Rdg has 5 bedrooms and 2 full and 1 half bathrooms.
The property 7981 Underwood Rdg is 5,004 SqFt (source: MLS/tax record).
The year of construction for 7981 Underwood Rdg is 1999.
This home is located at 7981 Underwood Rdg in Traverse City, MI and zip code 49686. This 5,004 square foot home, which was built in 1999, sits on a 1.41 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $1,770,000.
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%. While the average time on the market in June 2025 was 60 days, the median list price was $445,000.
From Rocket Homes Real Estate and based on county public records data.