12142 Peninsula Drive, Traverse City, MI 49686 (MLS # 1937297)
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Welcome to 12142 Peninsula. This unique setting and style combination are reminiscent of an upscale one of a kind country lodge, Inside, you will be captivated by the 28-foot ceilings and solid oak authentic timber frame structure complementing the floor-to-ceiling stone wood burning fireplace. In addition, none of the interior and exterior walls are load bearing, The spacious living area, featuring solid doors throughout, hickory floors and custom bookcases, creating a warm and inviting atmosphere for relaxation and entertainment. In addition to the bedrooms, the den and loft can also be used as sleeping areas. The construction of the walls includes six-inch foam panels behind the exterior siding and under the roof, ensuring interior warmth in the winter and comfortably cool summer days. This residence is as functional as it is beautiful. A rare combination of waterfront and acreage that embodies elegance and tranquility. This parcel has not been cleared to reveal the magic of the waterfront and views hidden by the trees. Nestled on 3.27 acres of picturesque land, this one-of-a-kind property boasts 287 feet of private frontage on West Bay, offering views of Power Island and stunning sunsets. The exterior features a large porch facing the bay. The home has undergone updates, including a new roof in 2011 and an updated septic system in 2019. With the flexibility for modern design, this property provides an exceptional opportunity to create your dream waterfront lifestyle. Come experience the perfect blend of privacy and picturesque surroundings at this extraordinary Traverse City gem. *There are a few pictures that have been altered and disclosed to show potential views if some trees are cleared.* The piano stays with the home. A new appraisal has been completed to support the asking price. Seller will share with a qualified offer.
| DAYS ON MARKET | 41 | LAST UPDATED | 8/23/2025 |
|---|---|---|---|
| TRACT | none | YEAR BUILT | 1988 |
| GARAGE SPACES | 2.0 | COUNTY | Grand Traverse |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Traverse City Area Public School |
|---|
| PRICE HISTORY | |
| Prior to Aug 23, '25 | $2,450,000 |
|---|---|
| Aug 23, '25 - Today | $2,150,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Whole House Fan |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer |
| BASEMENT | Crawl Space, Full, Unfinished, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Garden |
| GARAGE | Yes |
| HEAT | Hot Water |
| INTERIOR | Bookcases, Cathedral Ceiling(s), Pantry, Walk-In Closet(s) |
| LOT | 3.27 acre(s) |
| LOT DESCRIPTION | Sloped, Waterfront |
| LOT DIMENSIONS | 287x627x200x586 |
| PARKING | Garage Door Opener, Attached |
| SEWER | Septic Tank |
| STORIES | 2 |
| STYLE | 2 Story, Other |
| SUBDIVISION | none |
| UTILITIES | Cable Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Water |
| WATER | Well, Private |
| WATER ACCESS | West Bay |
| WATERFRONT | Yes |
| ZONING | Residential,Outbuildings Allowed |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Coldwell Banker Schmidt Traver
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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Data last updated: 9/17/25 11:01 AM PDT
This IDX solution is (c) Diverse Solutions 2025.