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15863 Waters Edge Dr, Traverse City, MI, 49686

$2,275,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,478 SqFt
$654/SqFt
House

Location

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15863 Waters Edge Dr, Traverse City$2,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Private, Attached, Door Opener, Paved Driveway, Heated, Concrete Floors
Attached Garage3 spaces
Year Built2023
HeatingForced Air, Zoned, Radiant Floor
CoolingCentral Air, Humidity Control, Zoned
WaterfrontAll Sports, Waterfront, Private Dock, Soft Bottom, Sandy Bottom, Public Lake
FireplaceFireplace(s), Gas, Wood
MLS #1928713
Lot Size0.51 Acres
StatusActive
(Active U/C Taking Backups)

About 15863 Waters Edge Dr

Custom-built gem in Peninsula Shores, crafted in 2023, offers like-new luxury and sweeping bay views that capture the essence of Old Mission Peninsula’s beauty. Embrace a seamless transition with this turnkey property, complete with high-quality, designer-selected furniture and décor. Designed with impeccable attention to detail, this home combines elegance and modern sophistication at every turn. Step into an open, light-filled space adorned with rich wood floors, designer finishes, and upscale fixtures that radiate a refined ambiance. Relax by the cozy gas fireplace in the spacious living area, with panoramic blue water views as your backdrop. The home’s thoughtful details include a 3-car heated garage with an epoxy finish, radiant in-floor heating on the lower level, a whole-home generator, and an expansive outdoor living area. Enjoy a stunning paver patio complete with a fire pit, ideal for hosting friends or unwinding against Grand Traverse Bay’s breathtaking scenery. The luxurious main floor primary suite features a walk-in closet and spacious dual vanities. The lower level is equally impressive, with three additional bedrooms, a family room with a wet bar, two full baths, and abundant storage, offering both comfort and versatility for family and guests. Plus, enjoy exclusive access to a quarter of a mile of shared East Bay shoreline frontage, a private boat slip, and a scenic walking trail that leads to the community dock—ideal for water lovers. This Peninsula Shores residence embodies the pinnacle of waterfront living on Old Mission Peninsula.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Farm House, 1 Story
  • Year Built: 2023
  • Living Area: 3,478 SqFt

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Office Phone: (231) 941-4500
  • Listing Agent: Kyle O'Grady

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener, Washer, Dryer, Freezer, Exhaust Fan, Ceiling Fan(s), Gas Water Heater, Instant Hot Water
  • Interior: Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Den/Study, Exercise Room, Game Room, Vaulted Ceilings
  • Fireplace: Fireplace(s), Gas, Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: All Sports, Waterfront, Private Dock, Soft Bottom, Sandy Bottom, Public Lake
  • Exterior: Bay View, Sprinkler System, Deck, Landscaped, Gutters, Stone, Press Board

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Private, Attached, Door Opener, Paved Driveway, Heated, Concrete Floors

Lot Features

Lot Information:

  • Lot: Wooded, Level
  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned, Radiant Floor
  • Cooling: Central Air, Humidity Control, Zoned

Other

Directions Information:

  • Directions: Take Center Road 11 miles north on Old Mission Peninsula. Take a slight right onto Smokey Hollow Road. Take your next right onto Boursaw Road. Subdivision is located on the north side of Boursaw Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,275,000
  • Price Per SqFt: $654/SqFt

Tax Information:

  • Annual Amount: $1,625
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

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Traverse City, MI

City

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

15863 Waters Edge Dr vs Traverse City

50 DAYS ON ROCKET

-34 Days

$2,275,000

+$1.8M More

$654/SqFt

+$396 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $396/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: #1928713

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Office Phone: (231) 941-4500
  • Listing Agent: Kyle O'Grady

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: 12/22/2024, 5:20:56 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$1,625$177,400
2020 - $177,400

History based on county public records data.

Payment Calculator

$11.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,887

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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.

Nearby Schools

school-card-donut-884989
7
/10

  • Old Mission Peninsula School

  • 2699 Island View Rd

  • 3.47 miles

  • Public Charter Grades KG-6

school-card-donut-884990
7
/10

  • Lakeland Elementary School

  • 616 Buckley St

  • 5.03 miles

  • Public District Grades PK-5

school-card-donut-884991
4
/10

  • Suttons Bay Elementary School

  • 310 S Elm St

  • 8.69 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,071. Most Traverse City, MI residents have annual incomes between $35k-100k. The most common type of family is married, no kids. 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 15863 Waters Edge Dr

What is the listing price of this property?

The listing price of 15863 Waters Edge Dr property is $2,275,000.

What type of property is this?

The property 15863 Waters Edge Dr is a house located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 15863 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 $1,625 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 15863 Waters Edge Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 15863 Waters Edge Dr is 3,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 15863 Waters Edge Dr is 2023.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›15863 Waters Edge Dr

This home is located at 15863 Waters Edge Dr in Traverse City, MI and zip code 49686. This 3,478 square foot home, which was built in 2023, sits on a 0.51 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $2,275,000.

In November 2024 more than 8 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 54 were sold below. In November 2024 in Traverse City, MI there were 8.3% less homes for sale than in October 2024. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $450,000.

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

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