12016 Peninsula Drive, Traverse City, MI 49686 (MLS # 1941725)
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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 City's 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.
| DAYS ON MARKET | 12 | LAST UPDATED | 1/16/2026 |
|---|---|---|---|
| TRACT | Braemar Estates | YEAR BUILT | 1971 |
| GARAGE SPACES | 2.0 | COUNTY | Grand Traverse |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
|---|---|
| CONSTRUCTION | Aluminum Siding, Frame |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Fireplace(s), Hot Water, Natural Gas |
| HOA DUES | Annually |
| INTERIOR | Bookcases, Entrance Foyer, High Speed Internet |
| LOT | 1 acre(s) |
| LOT DESCRIPTION | Cleared, Level, Sloped, Subdivided, Wooded |
| PARKING | Asphalt, Attached, Garage Door Opener, Paved |
| SEWER | Private Sewer |
| SUBDIVISION | Braemar Estates |
| UTILITIES | Cable Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay |
| WATER | Private |
| WATER ACCESS | West Bay |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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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: 1/28/26 6:09 PM PST
This IDX solution is (c) Diverse Solutions 2026.