16 days on rocket

14588 Peninsula Dr, Traverse City, MI, 49686

$3,000,000

4 Bedrooms
2 Full Baths, 1 Partial
4,500 SqFt
$667/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Private, Attached, Door Opener, Paved Driveway, Heated, Concrete Floors
Attached Garage3 spaces
Year Built2007
HeatingNatural Gas, Forced Air, Hot Water, Central, Humidity Control, Zoned, Radiant Floor
CoolingNatural Gas, Central Air, Humidity Control, Zoned, Radiant
WaterfrontNone
FireplaceFireplace(s), Gas
MLS #1921615
Lot Size60.00 Acres
StatusActive

About 14588 Peninsula Dr

This exquisite estate on Old Mission is a rare find. With over 60 acres of picturesque countryside views, and a well-maintained apple orchard, it's a very tranquil and peaceful setting. Robert Yvon designed this home, which boasts an impressive 4,500' of living space with ample windows to soak in the country side and plenty of room for entertaining. 4 bedrooms & 4 bathrooms, each thoughtfully designed with luxurious finishes like heated floors & big, spacious rooms. A large pole barn is perfect for storage and tractors. Outfitted with high-end fixtures and finishes, including a top of the line gourmet kitchen as well as a nice gym with Ai Tonal gym (Google it!) ,this home is the perfect retreat for those who want classic Old Mission country living.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Craftsman
  • Year Built: 2007
  • Living Area: 4,500 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-522
  • Listing Agent: Shawn Schmidt Smith

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener, Washer, Dryer, Central Vacuum, Security System, Cooktop, Exhaust Fan, Ceiling Fan(s), Gas Water Heater
  • Interior: Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Granite Kitchen Tops, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Den/Study, Workshop
  • Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Sprinkler System, Deck, Patio, Countryside View, Covered Porch, Landscaped, Stone, Wood

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Private, Attached, Door Opener, Paved Driveway, Heated, Concrete Floors

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 60.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Hot Water, Central, Humidity Control, Zoned, Radiant Floor
  • Cooling: Natural Gas, Central Air, Humidity Control, Zoned, Radiant

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • East Middle School, Public District Grades 6-8
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Center Road turn left on Seven Hills. Follow until it joins w/ Peninsula Drive. Turn right on first drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000
  • Price Per SqFt: $667/SqFt

Tax Information:

  • Annual Amount: $17,624
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$424K

Med. Price/SqFt

$240

Avg. Days On Market

68

# of Sold Homes

78

14588 Peninsula Dr vs Traverse City

16 DAYS ON ROCKET

-52 Days

$3,000,000

+$2.5M More

$667/SqFt

+$426 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $426/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1921615

Listing Office:

  • Office Name: Coldwell Banker Schmidt-522
  • Listing Agent: Shawn Schmidt Smith

Copyright © 2024 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: 5/13/2024, 2:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$17,624$854,900
2020$17,717$846,800
2019 - $774,300
2018 - $678,600
2017 - $689,400

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-15933
9
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 11.63 miles

  • Public District Grades PK-6

Middle School

school-card-donut-15934
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 13.15 miles

  • Public District Grades 6-8

High School

school-card-donut-15935
8
/10
  • Central High School

  • 1150 Milliken Dr

  • 9.88 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,071. Most Traverse City, MI residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14588 Peninsula Dr

What is the listing price of this property?

The listing price of 14588 Peninsula Dr property is $3,000,000.

What type of property is this?

The property 14588 Peninsula Dr is a house located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 14588 Peninsula Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 14588 Peninsula Dr are:
Tcaps Montessori School: GreatSchools Rating 9/10
East Middle School: GreatSchools Rating 6/10
Central High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,624 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 14588 Peninsula Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 14588 Peninsula Dr is 4,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14588 Peninsula Dr is 2007.
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Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›14588 Peninsula Dr

This home is located at 14588 Peninsula Dr in Traverse City, MI and zip code 49686. This 4,500 square foot home, which was built in 2007, sits on a 60.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $3,000,000.

In April 2024 more than 19 listings in Traverse City, MI were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 34 were sold below. In April 2024 in Traverse City, MI there were 21.4% more homes for sale than in March 2024. While the average time on the market in April 2024 was 68 days, the median list price was $424,000.

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

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