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6644 Peninsula Dr, Traverse City, MI, 49686

3beds
3baths
3,463sqft
$3,089,000
$892price/sqft
$21,036/moest. monthly cost
$841,440/yrincome needed

About This Home

Set near the coveted base of Old Mission Peninsula, this exceptional property offers a rare combination of scale, privacy, and proximity—features seldom found in a single offering. The beautiful and unique architecture of this home is like no other on Old Mission. With just over six acres, the estate presents an extraordinary opportunity in one of Traverse City’s most sought-after locations, where acreage of this magnitude is virtually unheard of. The 3,500-square-foot residence is thoughtfully positioned to capture sweeping sunset views over West Bay, with a front-row seat to summer airshows, holiday fireworks, and the ever-changing rhythm of boat traffic along the shoreline. The home offers several separate family areas for entertaining, celebrating family or simply downtime in the cozy and warm interior. Expansive windows and well-proportioned living spaces bring the outdoors in, creating a seamless connection to the surrounding landscape. With three bedrooms and three baths, the home is both substantial and comfortable, offering flexibility for year-round living or a refined seasonal retreat. Just minutes from downtown Traverse City, yet removed enough to feel private and serene, this is a truly rare holding on Old Mission Peninsula—where location, land, and view converge in a way that is increasingly difficult to find. A lower level workshop with tons of storage and a really nice sized garden shed are another bonus with this property. The Views are incredible and the wooded and rolling acreage offers so many opportunities you wont find with other homes.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

7/10
Eastern Elementary SchoolGrades PK-51.0 mi
7/10
Central High SchoolGrades 8-121.1 mi
7/10
East Middle SchoolGrades 6-85.3 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Block
  • Roof: Metal,Other
  • Construction materials: Frame,Steel Siding,Wood Siding,Other

Notable Dates

  • Major remodel year: 1990

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven/Range,Disposal,Dishwasher
  • Laundry features: Lower Level

Bedroom2

  • Level: Upper
  • Area: 111.87

Bedroom3

  • Level: Upper
  • Area: 111.87

Bedroom4

  • Level: Upper
  • Area: 97.9333

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 116.6667

Family Room

  • Level: Main
  • Area: 339.72

Features

  • Bookcases,Entrance Foyer,Solarium/Sun Room,Other,Granite Bath Tops,Granite Counters,Mud Room,Den/Study,Beamed Ceilings,Vaulted Ceiling(s),High Speed Internet
  • Flooring: Tile,Carpet
  • Fireplace: Yes
  • Finished area below ground: 183
  • Finished area above ground: 3,280

Heating

  • Heating features: Hot Water,Natural Gas,Fireplace(s)

Interior Area

  • Total structure area: 3,463
  • Total interior livable area: 3,463 sqft

Kitchen

  • Level: Main
  • Area: 132.21

Living Room

  • Level: Main
  • Area: 392.16

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Upper
  • Area: 257.04

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1133602650
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Bay View
  • Has water view: Yes
  • Water view: Bay
  • Waterfront features: Other,Lake

Lot

  • Lot size: 6.17 Acres
  • Features: Wooded-Hardwoods,Evergreens,Rolling Slope,Steep Slope
  • Lot size dimensions: Metes & Bounds

Parking

  • Total spaces: 2
  • Parking features: Carport,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 2
  • Carport: 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 $15,619$187,428
Home Insurance *$1,167$14,004
Property Taxes $3,873$46,476
Electricity $377$4,532
Total$21,036$252,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$721,234/yr
40% on housing$631,080/yr
45% on housing$560,960/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

$892This listing

vs Other Active Listings

Avg $/sqft

ZIP 49686$259
Grand Traverse County$302

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
2026-04-13Listed for sale$3,089,000

For Sale by Agent

AgentMolly Buttleman
Brokerage@properties Christie's Int'l

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