16 days on rocket

16768 Wrightwood Terrace Dr, Traverse City, MI, 49686

$9,499,000

5 Bedrooms
5 Full Baths, 1 Partial
8,440 SqFt
$1,125/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingBrick, Circular, Private, Attached
Attached Garage4 spaces
Year Built2019
HeatingPropane, Forced Air, Central
CoolingGas, Central Air
WaterfrontPrivate Frontage, All Sports, Waterfront, Private Dock, Sandy Bottom, Public Lake
FireplaceFireplace(s), Gas, Wood
MLS #1921642
Lot Size1.10 Acres
StatusActive

About 16768 Wrightwood Terrace Dr

Luxury and elegance await you in this stunning Lake Michigan home! Located on the beautiful Old Mission Peninsula and sitting on approximately 178' of sandy frontage, this 10,400 Sq.Ft. home was designed by architects White & Liebler. Inside you are instantly greeted with breathtaking views of Lake Michigan from every room. The dark hardwood floors throughout give warmth to the crisp white walls and ceilings that boast custom woodwork. The kitchen is a culinary enthusiast’s dream with Sub-Zero and Wolf appliances, large island illuminated with pendant lighting, beautiful white cabinetry, subway tile backsplash, and butler’s pantry. The expansive deck boasts custom glass railings and is the perfect spot to watch the waves roll in and the sailboats pass by. Just off the great room is the den with an amazing water view and stone fireplace, perfect for a family movie night or watching the game. The master suite will be your private sanctuary with unobstructed lake views and an absolutely stunning master bath. This relaxing oasis boasts his and her vanities and two custom built walk in closets. Refresh each morning in the gorgeous white subway tile shower with rain shower head and unwind after a long day in the luxurious soaker tub. The laundry/mud room is located just inside the 4 car garage entry and has ample cabinet space and custom-built ins for hanging coats. The walkout lower level is designed for entertaining and hosts a family room with stone fireplace, full kitchen, two additional ensuites, and a bunk room for the kids, and shower room. Pull up to your beautiful dock after a day of boating and enjoy sitting around your fire pit overlooking the water. The grounds are meticulously landscaped and and lined with mature pines providing privacy. Enjoy the world class wineries and farm to table restaurants that Old Mission Peninsula is known for! You just need to bring your water toys, this one of a kind home is ready for you to start making memories!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Cape Cod, 1 Story
  • Year Built: 2019
  • Living Area: 8,440 SqFt

Listing Office:

  • Office Name: Kidd & Leavy Real Est Co, LLC
  • Listing Agent: Patrick Leavy

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener, Washer, Dryer, Water Filtration System, Security System, Freezer, Exhaust Fan, Ceiling Fan(s), Instant Hot Water
  • Interior: Built-In Bookcase, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Exercise Room, Beamed Ceilings, Vaulted Ceilings, Drywall
  • Fireplace: Fireplace(s), Gas, Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Private Frontage, All Sports, Waterfront, Private Dock, Sandy Bottom, Public Lake
  • Exterior: Bay View, Sprinkler System, Deck, Patio, Sidewalk, Covered Porch, Landscaped, Garden Area, Porch, Stone, Shingle

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Brick, Circular, Private, Attached

Lot Features

Lot Information:

  • Lot: Cleared, Sloped
  • Lot Size: 1.10 Acres

Utilities

Utilities Information:

  • Heating: Propane, Forced Air, Central
  • Cooling: Gas, Central Air

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: US 31 to M-37 W, keep right onto Smokey Hollow Road, right onto Wrightwood Terrace Drive, home is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,499,000
  • Price Per SqFt: $1,125/SqFt

Tax Information:

  • Annual Amount: $31,928
  • 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

16768 Wrightwood Terrace Dr vs Traverse City

16 DAYS ON ROCKET

-52 Days

$9,499,000

+$9.0M More

$1,125/SqFt

+$884 More

KEY TAKEAWAY

This property is $9.0M more than the Median Sold Price and $884/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: #1921642

Listing Office:

  • Office Name: Kidd & Leavy Real Est Co, LLC
  • Listing Agent: Patrick Leavy

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: 5/16/2024, 12:55:34 AM 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$31,928$1,314,000
2020$41,141$1,205,000
2019 - $939,200
2018 - $376,300
2017 - $217,500

History based on county public records data.

Payment Calculator

$47.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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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-1975506
9
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 14.18 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1975507
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 15.63 miles

  • Public District Grades 6-8

High School

school-card-donut-1975508
8
/10
  • Central High School

  • 1150 Milliken Dr

  • 12.43 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. Typical income of Traverse City, MI residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16768 Wrightwood Terrace Dr

What is the listing price of this property?

The listing price of 16768 Wrightwood Terrace Dr property is $9,499,000.

What type of property is this?

The property 16768 Wrightwood Terrace Dr is a house located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 16768 Wrightwood Terrace 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 16768 Wrightwood Terrace 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 $31,928 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16768 Wrightwood Terrace Dr has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 16768 Wrightwood Terrace Dr is 8,440 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16768 Wrightwood Terrace Dr is 2019.
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Rocket HomesMichiganGrand Traverse CountyTraverse City4968616768 Wrightwood Terrace Dr

This home is located at 16768 Wrightwood Terrace Dr in Traverse City, MI and zip code 49686. This 8,440 square foot home, which was built in 2019, sits on a 1.10 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $9,499,000.

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. The inventory of homes for sale in Traverse City, MI between March 2024 and April 2024 increased by 21.4%. The median list price of listings available in April 2024 was $424,000, while the average time on the real estate market was 68 days.

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

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