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14416 Peninsula Dr, Traverse City, MI, 49686

2beds
2baths
1,880sqft
$669,000
$356price/sqft
$4,801/moest. monthly cost
$192,040/yrincome needed

About This Home

Welcome to your own private slice of northern Michigan paradise. Perfectly situated in the heart of the world-renowned Old Mission Peninsula, this beautifully updated 2-bedroom ranch offers an unmatched blend of quiet country living and effortless lifestyle convenience. Nestled on a sprawling, wooded 1.2-acre lot, the property provides a soothing, deeply quiet sanctuary where the sounds of nature replace the hum of the city. Step inside to find an interior flooded with brilliant natural light, anchored by a cozy wood-burning masonry fireplace. The home features fresh paint, upgraded modern light fixtures, and a stunning, refreshed dining space that easily doubles as a sun-drenched four-seasons room—the perfect spot for your morning coffee while watching local wildlife glide through the trees. The primary suite is a true retreat, boasting a completely remodeled en-suite bathroom with a spacious walk-in shower and a deep soaking tub designed for unwinding. Outside, a massive back deck offers the ultimate setup for summer barbecues, evening wine tastings, or stargazing in total privacy. Peace of mind comes standard here with a brand-new roof installed in 2024. Whether you are walking down the trail at the nearby Pyatt Lake Nature Preserve, cycling past rolling cherry orchards, or heading out for dinner at one of the peninsula's award-winning farm-to-table restaurants, this property delivers the quintessential Traverse City lifestyle.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

7/10
Eastern Elementary SchoolGrades PK-59.5 mi
7/10
Central High SchoolGrades 8-129.6 mi
7/10
East Middle SchoolGrades 6-813.0 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Dishwasher,Water Softener Owned,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Finished Rooms

Bedroom2

  • Level: Main
  • Area: 146.37

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 163.02

Features

  • Pantry,Solid Surface Counters,Mud Room,Drywall,Cable TV,High Speed Internet
  • Window features: Skylight(s),Blinds,Drapes,Curtain Rods
  • Flooring: Luxury Vinyl Plank,Tile,Vinyl,Carpet
  • Fireplace features: Wood Burning,Masonry
  • Fireplace: Yes
  • Finished area below ground: 206
  • Finished area above ground: 1,674

Heating & Cooling

  • Heating features: Forced Air,Floor Furnace,Natural Gas,Fireplace(s)
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,880
  • Total interior livable area: 1,880 sqft

Kitchen

  • Level: Main
  • Area: 132.61

Living Room

  • Level: Main
  • Area: 366.56

Master Bathroom

  • Features: Shared

Master Bedroom

  • Level: Main
  • Area: 127.92

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 114130000
  • Zoning description: Residential,Other

Features

  • Patio & porch: Deck,Patio,Covered,Porch
  • Exterior features: Sprinkler System,Sidewalk
  • Fencing: Fenced
  • Has view: Yes
  • View description: Countryside View
  • Waterfront features: None

Lot

  • Lot size: 1.20 Acres
  • Features: Cleared,Wooded,Level,Sloped,Subdivided
  • Lot size dimensions: appro x 150 x 316

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener,Paved,Concrete Floors,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 2
  • Has uncovered spaces: Yes

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
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Hail
Inland Flooding
Landslide
Strong Wind
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

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

MonthlyAnnual
Mortgage $3,382$40,584
Home Insurance *$252$3,024
Property Taxes $962$11,544
Electricity $205$2,460
Total$4,801$57,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$164,605/yr
40% on housing$144,030/yr
45% on housing$128,026/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$356This listing

vs Other Active Listings

Avg $/sqft

ZIP 49686$270
Grand Traverse County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 49686$274
Grand Traverse County$238

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)

Price History

DateEventPrice
2026-08-05Price change$660,000
2026-07-16Price change$669,000
2026-05-15Listed for sale$676,000
2026-04-22Listing removed--
2026-03-03Price change$749,000
2026-02-22Listed for sale$779,000

For Sale by Agent

AgentJenifer Taylor
BrokerageFive Star Real Estate - Front St TC

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