8050 Peninsula Dr APT 3, Traverse City, MI, 49686
About This Home
These do not become available often! Beautiful sweeping West Bay views with a shared sandy beach and a boat slip. This MAIN level 1 BR/ 1 bath newly remodeled unit is a perfect spot to spend your summer months, or entire year, over looking desirable West Bay. Association fees cover nearly everything including taxes, heat, internet, water, sewer, garbage, snow removal and lawn care. Where else can you find the view, beach and boat opportunity at this price?
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1972
Materials
- Roof: Asphalt
Type & Style
- Home type: Cooperative
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Freezer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Other
Interior Area
- Total interior livable area: 750 sqft
Property
Features
- Exterior features: Brick,Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
Parking
- Total spaces: 1
- Parking features: Carport
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Lightning
- Hail
- Inland Flooding
- Landslide
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Grand Traverse County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,351 | $28,212 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $325 | $3,900 |
| Electricity | $188 | $2,259 |
| Total | $3,039 | $36,468 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-04 | Listed for sale | $465,000 |
| 2021-03-24 | Listing removed | -- |
| 2018-09-05 | Listing removed | $185,000 |
| 2018-08-25 | Listed for sale | $185,000 |
| 2018-05-18 | Listing removed | $169,000 |
| 2018-02-23 | Pending sale | $169,000 |
| 2017-09-25 | Listed for sale | $169,000 |
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