WaterfrontLake, Beach, Boat Facilities, Waterfront, Dock Facilities, Lake Front, Lake Privileges
FireplaceGas, GreatRoom
MLS #20240092489
Lot Size0.76 Acres
StatusActive
About 15600 Waters Edge Dr
Welcome to Waters Edge Drive in the exclusive waterfront gated community of Peninsula Shores on Old Mission Peninsula. Built of the finest quality, this luxury one year old home features an inviting open floor plan with high end modern custom interior finishes. This home seamlessly integrates living, dining, bar and kitchen areas, creating a breathtaking space with gorgeous water views from virtually every room. Custom finishes include wood flooring, top of the line appliances, state of the art technology, home security system with cameras, custom audio system and automatic shades. The 3-car garage is heated and the home comes with a Generac integrated natural gas generator. The finished basement includes a full bar with kitchen, living area with tv, exercise room with glass wall, game room and full bathroom with shower. As a resident of Peninsula Shores, you will have access to the private marina and shoreline walking trails. This home comes with a deeded boat slip in the community marina, or if you prefer, you can build your own dock on the property.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 2023
Living Area: 5,572 SqFt
Listing Office:
Office Name: Real Estate One-Troy
Office Phone: (248) 813-4900
Listing Agent: Alex Nugent
Interior Features
Interior Information:
Appliances: Refrigerator, Bar Fridge, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Washer, Wine Cooler
Basement: Yes
Fireplace: Gas, GreatRoom
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 5
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Waterfront: Lake, Beach, Boat Facilities, Waterfront, Dock Facilities, Lake Front, Lake Privileges
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: ThreeCarGarage, Attached
Lot Features
Lot Information:
Lot Size: 0.76 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: N of Boursaw, E of Smokey Hollow
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Price Per SqFt: $673/SqFt
HOA Fees:
Amount: $3000
Frequency: Annually
Tax Information:
Annual Amount: $2,729
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Traverse City, MI.
This property is $3.3M more than the Median Sold Price and $415/SqFt more than other homes in Traverse City, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240092489
Listing Office:
Office Name: Real Estate One-Troy
Office Phone: (248) 813-4900
Listing Agent: Alex Nugent
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19K
Per Month
Principal & Interest
$18.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$250
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.3K
Powered By
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Old Mission Peninsula School
2699 Island View Rd
Distance between this listing and this school3.23 miles
Public Charter Grades KG-6
7
/10
Lakeland Elementary School
616 Buckley St
Distance between this listing and this school4.78 miles
Public District Grades PK-5
4
/10
Suttons Bay Elementary School
310 S Elm St
Distance between this listing and this school8.98 miles
Public District Grades KG-5
Nearby Schools
7
/10
Cherryland Middle School
707 E 3rd St
Distance between this listing and this school4.90 miles
Public District Grades 6-8
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school12.63 miles
Public District Grades PK-7
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school14.35 miles
Public District Grades 6-8
Nearby Schools
3
/10
Sunrise Academy
97 Lake St
Distance between this listing and this school4.14 miles
Public District Grades 9-12
9
/10
Elk Rapids High School
308 Meguzee Pt
Distance between this listing and this school4.88 miles
Public District Grades 9-12
3
/10
Suttons Bay Virtual School
310 S Elm St
Distance between this listing and this school8.98 miles
The neighbors living near this home have an average income of $91,071. The most common annual income of people living in Traverse City, MI is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 15600 Waters Edge Dr
What is the listing price of this property?
The listing price of 15600 Waters Edge Dr property is $3,750,000.
What type of property is this?
The property 15600 Waters Edge Dr is a house located in Traverse City, Michigan, 49686.
Is this property for sale now?
Active Listing: 15600 Waters Edge Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,729 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 15600 Waters Edge Dr has 4 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 15600 Waters Edge Dr is 5,572 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 15600 Waters Edge Dr is 2023.
Interested in 15600 Waters Edge Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 15600 Waters Edge Dr in Traverse City, MI and zip code 49686. This 5,572 square foot home, which was built in 2023, sits on a 0.76 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $3,750,000.
While more than 8 listings in Traverse City, MI in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 54 were sold below. In November 2024 in Traverse City, MI there were 8.3% less homes for sale than in October 2024. Listings spent 84 days on the market in November 2024, and had a median list price of $450,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Applebees
Cadillac
Subaru
Oldsmobile
News/Talk/Information
New Country
Classic Country