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15931 Waters Edge Dr, Traverse City, MI, 49686

$2,400,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,627 SqFt
$662/SqFt
House
Schools Nearby

Location

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15931 Waters Edge Dr, Traverse City$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Private, Attached, Door Opener, Paved Driveway, Heated
Attached Garage2 spaces
Year Built2021
HeatingNatural Gas, Forced Air, Central, Zoned, Radiant Floor
CoolingNatural Gas, Central Air, Zoned, Radiant
WaterfrontAll Sports, Waterfront
FireplaceFireplace(s), Gas
MLS #1919761
Lot Size0.57 Acres
StatusActive

About 15931 Waters Edge Dr

Embrace the pinnacle of luxury living on Old Mission Peninsula with this custom-built masterpiece boasting breathtaking bay views in Peninsula Shores. Crafted in 2021, this like-new home is a testament to quality and sophistication, with every detail meticulously curated for the discerning homeowner. Step inside to discover a haven of elegance, where wood floors, designer finishes, and fixtures create an ambiance of refined luxury. The island kitchen is a chef's delight, equipped with top-of-the-line appliances and showcasing impeccable craftsmanship. Cozy up by the gas fireplace in the spacious living area overlooking blue water views. Indulge in the convenience of a 3-car heated garage with an epoxy floor, radiant in-floor heat in the lower level, generator, and security system. Outside, a paver patio with a fire pit sets the stage for memorable gatherings against the backdrop of stunning Grand Traverse Bay views. Blue water vistas greet you from nearly every room, with the main floor offering seamless indoor-outdoor living as it opens to an expansive back deck—a perfect setting for entertaining or simply basking in the beauty of nature. Retreat to the main floor primary bedroom, complete with a spacious walk-in closet and a luxurious bathroom, offering a private sanctuary to unwind. The lower level is thoughtfully designed with three additional bedrooms, a family room with a wet bar, two full bathrooms, and ample storage space—providing comfort and versatility for family and guests alike. As a bonus, enjoy access to 1500 feet of shared East Bay frontage, complete with a boat slip and a walking trail leading to the community dock—perfect for water enthusiasts. Experience the epitome of waterfront living on Old Mission Peninsula. Schedule a showing today and make this Peninsula Shores home your own slice of paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Contemporary, 1 Story
  • Year Built: 2021
  • Living Area: 3,627 SqFt

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Listing Agent: Christina Ingersoll

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener, Washer, Dryer, Exhaust Fan, Ceiling Fan(s), Gas Water Heater
  • Interior: Cathedral Ceilings, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Granite Kitchen Tops, Island Kitchen, Mud Room, Great Room, Drywall
  • Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: All Sports, Waterfront
  • Exterior: Bay View, Sprinkler System, Deck, Patio, Landscaped, Gutters, Stone, Press Board

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Private, Attached, Door Opener, Paved Driveway, Heated

Lot Features

Lot Information:

  • Lot: Cleared, Wooded, Level, Sloped
  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central, Zoned, Radiant Floor
  • Cooling: Natural Gas, Central Air, 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: Take Center Road 11 miles north on Old Mission Peninsula. Take a slight right onto Smokey Hollow Road. Take your next right onto Boursaw Road. Subdivision is located on the north side of Boursaw Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $662/SqFt

Tax Information:

  • Annual Amount: $1,625
  • Tax Year: 2021
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Housing Market Comparison

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

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Traverse City, MI

City

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

15931 Waters Edge Dr vs Traverse City

58 DAYS ON ROCKET

+2 Days

$2,400,000

+$2.0M More

$662/SqFt

+$417 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $417/SqFt more than other homes in Traverse City, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1919761

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Listing Agent: Christina Ingersoll

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: 4/28/2024, 1:25:18 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$1,625$347,500
2020 - $174,700

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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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-2296514
6
/10

  • Tcaps Montessori School

  • 1009 S Oak St

  • 13.24 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2296515
6
/10

  • East Middle School

  • 1776 3 Mile Rd N

  • 14.64 miles

  • Public District Grades 6-8

High School

school-card-donut-2296516
8
/10

  • Central High School

  • 1150 Milliken Dr

  • 11.46 miles

  • Public District Grades 9-12

All data from GreatSchools

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. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 15931 Waters Edge Dr

What is the listing price of this property?

The listing price of 15931 Waters Edge Dr property is $2,400,000.

What type of property is this?

The property 15931 Waters Edge Dr is a house located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 15931 Waters Edge 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 15931 Waters Edge Dr are:
Tcaps Montessori School: GreatSchools Rating 6/10
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 $1,625 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 15931 Waters Edge Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 15931 Waters Edge Dr is 3,627 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 15931 Waters Edge Dr is 2021.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›15931 Waters Edge Dr

This home is located at 15931 Waters Edge Dr in Traverse City, MI and zip code 49686. This 3,627 square foot home, which was built in 2021, sits on a 0.57 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $2,400,000.

In March 2024, from all listings sold in Traverse City, MI there were more than 22 sold above asking price, over 24 sold below and more than 20 were sold right at the asked price. The number of listings in Traverse City, MI increased by 12.5% between February 2024 and March 2024. In March 2024 median list price was $366,000 and the average listing age was 56 days.

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

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