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11332 Peninsula Dr, Traverse City, MI, 49686

4beds
3baths
2,750sqft
$566,000
$206price/sqft
$4,027/moest. monthly cost
$161,080/yrincome needed

About This Home

Imagine waking up on scenic Peninsula Drive, sipping your morning coffee as sunlight pours through oversized windows with a glimpse of West Bay in the distance. Your day flows effortlessly in this spacious 4-bedroom home — from cooking breakfast in the open kitchen with its oversized island, to hosting dinner in the dining room, and curling up by the fireplace in the evening. Step outside to tend to the gardens, enjoy the landscaped yard, or open the back garage door and head out for a walk in the sweet nearby neighborhoods. Just minutes from downtown Traverse City, yet set in a peaceful neighborhood, this home offers the perfect balance of comfort, convenience, and Up North charm. It’s a place where everyday living feels a little more special.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
Eastern Elementary SchoolGrades PK-56.0 mi
7/10
Central High SchoolGrades 8-126.1 mi
7/10
East Middle SchoolGrades 6-89.8 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: 2x6 Framing,Vinyl Siding

Notable Dates

  • Major remodel year: 2005

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Other
  • Property subType: Single Family Residence,Manufactured Home

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Dishwasher,Microwave,Washer,Dryer,Freezer,Exhaust Fan,Gas Water Heater,Humidifier
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Daylight,Unfinished,Interior Entry

Bedroom2

  • Level: Main
  • Area: 137.6667

Bedroom3

  • Level: Upper
  • Area: 203.6667

Bedroom4

  • Level: Upper
  • Area: 199.3333

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 162.5

Features

  • Bookcases,Walk-In Closet(s),Pantry,Solid Surface Counters,Kitchen Island,Drywall,Ceiling Fan(s),Cable TV,High Speed Internet
  • Window features: Bay Window(s)
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,750

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Natural Gas,Fireplace(s)
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 2,750
  • Total interior livable area: 2,750 sqft

Kitchen

  • Level: Main
  • Area: 131.75

Living Room

  • Level: Main
  • Area: 263.25

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Main
  • Area: 217.75

Property

Accessibility

  • Accessibility features: Covered Entrance,Accessible Full Bath

Details

  • Parcel number: 1100503300
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Sprinkler System,Sidewalk,Garden
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • Waterfront features: None

Lot

  • Lot size: 0.26 Acres
  • Features: Wooded,Level,Sloped,Landscaped,Metes and Bounds
  • Lot size dimensions: 92.1 x 219

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener,Paved,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 $2,862$34,344
Home Insurance *$213$2,556
Property Taxes $653$7,836
Electricity $299$3,599
Total$4,027$48,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,068/yr
40% on housing$120,810/yr
45% on housing$107,386/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

$206This listing

vs Other Active Listings

Avg $/sqft

ZIP 49686$274
Grand Traverse County$306

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
2026-04-25Listed for sale$593,000
2025-12-29Listing removed$598,400
2025-11-02Price change$598,400
2025-09-23Listed for sale$699,900
2016-12-16Listing removed$349,900
2016-10-07Price change$349,900
2016-05-07Listed for sale$359,900

For Sale by Agent

AgentShawn Schmidt
BrokerageColdwell Banker Schmidt Traverse City

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