WaterfrontPrivate Frontage, Waterfront, All Sports, Sandy Bottom, Public Lake, Private Dock, Sandy Shoreline
MLS #1924381
Lot Size1.62 Acres
StatusActive
About 9006 Peninsula Dr
Embark on the opportunity of a lifetime with this majestic 1.62-acre vacant parcel located on the coveted Old Mission Peninsula. Available for immediate sale, this extraordinary parcel presents 212 feet of private, pristine frontage and stunning West Bay Views. Imagine building your dream home as you enjoy the breathtaking view of sunsets melting into the horizon, complemented by the twinkling lights of downtown in the distance. Nestled in an incredible location, this wooded lot not only promises unmatched views but also offers the privacy and serenity you've been yearning for. Don't miss out on the chance to own a slice of paradise and witness the grandeur of nature's spectacle from your very own hideaway.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Schmidt Traver
Listing Agent: Molly Buttleman
Exterior Features
Exterior Information:
Waterfront: Private Frontage, Waterfront, All Sports, Sandy Bottom, Public Lake, Private Dock, Sandy Shoreline
Exterior: Bay View
Lot Features
Lot Information:
Lot: Level, Cleared, Wooded
Lot Size: 1.62 Acres
Other
Directions Information:
Directions: Start on E Front Street and turn onto Peninsula Drive. Continue straight, lot is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,295,000
Tax Information:
Annual Amount: $3,765
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,531
Per Month
Principal & Interest
$6,464
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)
$0
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
$3,949
Powered By
Advertisement
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
4
/10
Eastern Elementary School
1600 Eastern Ave
Distance between this listing and this school3.44 miles
Public District Grades PK-5
7
/10
Willow Hill Elementary School
1250 Hill St
Distance between this listing and this school4.61 miles
Public District Grades PK-5
7
/10
Central Grade Elementary School
301 7th St
Distance between this listing and this school4.68 miles
Public District Grades PK-5
Nearby Schools
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school4.68 miles
Public District Grades PK-7
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school6.41 miles
Public District Grades 6-8
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school7.53 miles
Public District Grades 6-8
Nearby Schools
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school3.53 miles
Public District Grades 9-12
2
/10
Traverse City High School
3962 3 Mile Rd N
Distance between this listing and this school5.31 miles
Public District Grades 9-12
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school5.67 miles
The neighbors living near this home have an average income of $86,549. Residents of Traverse City, MI typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9006 Peninsula Dr
What is the listing price of this property?
The listing price of 9006 Peninsula Dr property is $1,295,000.
What type of property is this?
The property 9006 Peninsula Dr is land located in Traverse City, Michigan, 49686.
Is this property for sale now?
Active Listing: 9006 Peninsula 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 $3,765 (source: MLS/based on county public records data).
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 9006 Peninsula Dr in Traverse City, MI and zip code 49686. This home sits on a 1.62 acre lot. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $1,295,000.
Over 8 listings were sold over their listed price in November 2024 in Traverse City, MI. In the same period over 54 listings were sold below the listed price and 20 listings were sold for the listed price. Between October 2024 and November 2024, Traverse City, MI real estate market has seen decrease in the number of listings by 8.3%. While the average time on the market in November 2024 was 84 days, the median list price was $450,000.
From Rocket Homes Real Estate and based on county public records data.
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Figure Skating
Stein Mart
BJs Wholesale Club
Kmart
Cracker Barrel
Panera
Bob Evans
Lexus
Infiniti
Lincoln
Oldies
Adult Hits
News/Talk/Information