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12016 Peninsula DR Peninsula Twp, MI 49686

Active Under Contract
$1,100,000
12016 Peninsula DR Peninsula Twp, MI 49686
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12016 Peninsula DR, Peninsula Twp, MI 49686
12016 Peninsula DR, Peninsula Twp, MI 49686
12016 Peninsula DR, Peninsula Twp, MI 49686
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Erin Raetz

Erin Raetz

erin@raetzteam.com +1(586) 996-8410
$1,100,000
Est. payment /mo
4 Beds
3 Baths
1,208 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,208 sqft

Price per Sqft $910

Subdivision Braemar Estates

MLS Listing ID 78080064897

Bedrooms 4

Full Baths 3

Year Built 1971

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type SingleFamilyResidence

Property Description

Extremely rare opportunity to purchase two adjacent properties on Peninsula Drive and Braemar Drive in Traverse City, offered together as a unique package. The offering includes a .5-acre vacant lot with approximately 100 feet of private frontage on Peninsula Drive, along with a 4-bedroom, 3-bath home on a .5-acre lot on Braemar Drive featuring shared water access. Together, these properties present exceptional potential for a private estate, redevelopment, or long-term investment in one of Traverse Citys most sought-after locations. Just minutes from downtown Traverse City, beaches, wineries, and year-round recreation. Opportunities of this caliber, size, and proximity are seldom available.

Location

State MI

County Grand Traverse

Area Area28011Peninsulatwp

Rooms

Basement Block, Partially Finished

Lower Level, 8.0*9.0 Laundry

Main Level, 10.0*10.0 DiningRoom

Upper Level, 11.0*11.0 Bedroom2

Lower Level, 13.0*9.0 Bedroom4

Main Level, 19.0*13.0 LivingRoom

Upper Level, 9.0*11.0 Bedroom3

Lower Level, 13.0*9.0 FamilyRoom

Main Level, 10.0*10.0 Kitchen

Upper Level, 11.0*13.0 Bedroom1

Interior

Interior Features EntranceFoyer

Heating Baseboard, Hot Water, Natural Gas

Fireplace Yes

Exterior

Parking Features TwoCarGarage, Attached, Garage, GarageDoorOpener

Garage Spaces 2.0

Waterfront Description AllSportsLake, WaterAccessRights, Waterfront, SandyBottom

View Y/N No

Garage true

Building

Lot Description Cleared, WaterView, Sloped, Wooded

Foundation Basement, Block

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Traverse City

Others

Acceptable Financing Cash, Conventional, FHA, Trade1031Exchange, VaLoan

Listing Terms Cash, Conventional, FHA, Trade1031Exchange, VaLoan

Special Listing Condition Standard


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Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Kate Reichard of Century 21 Northland

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Erin Raetz

Erin Raetz

+1(586) 996-8410

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Michigan

Erin Raetz

+1(586) 996-8410 erin@raetzteam.com

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