3981 Smokey Ridge Rd, Traverse City, MI, 49686
About This Home
Opportunities like this are becoming increasingly rare on Old Mission Peninsula. Set on 3.14 acres across two parcels with shared East Bay waterfront, this property offers privacy today and possibilities for tomorrow. The included adjacent parcel provides the flexibility to preserve additional privacy, create a family compound, or explore the opportunity to build and sell another home. Designed with quality and comfort in mind, the home showcases exceptional craftsmanship throughout. Thoughtful architectural details and timeless finishes create a space that feels both refined and welcoming. Nearly every room offers a view of East Bay in the distance, while mature trees surround the home, creating a peaceful, private setting. The spacious floor plan was designed for the way families live today, with generous gathering spaces, room to work from home, and the flexibility to grow through every stage of life. Whether you're relocating to Northern Michigan or simply looking for more space in one of the area's most sought-after communities, this home offers the lifestyle that makes Old Mission Peninsula so special. Just minutes from downtown Traverse City, you'll enjoy easy access to wineries, parks, beaches, and trails while coming home to a property that offers both lasting value and room to grow.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Foundation: Poured Concrete
- Roof: Other
- Construction materials: 2x6 Framing,Frame,Vinyl Siding,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range,Disposal,Dishwasher,Water Softener Owned,Washer,Dryer
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Daylight,Exterior Entry,Finished Rooms,Egress Windows,Interior Entry
Bedroom2
- Level: Main
Bedroom3
- Level: Lower
Bedroom4
- Level: Lower
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
Family Room
- Level: Lower
Features
- Bookcases,Solarium/Sun Room,Solid Surface Counters,Kitchen Island,Den/Study,Cable TV,High Speed Internet,WiFi
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 2,216
- Finished area above ground: 3,711
Heating & Cooling
- Heating features: Forced Air,Hot Water,Floor Furnace,Natural Gas,Fireplace(s)
- Cooling features: Central Air,Zoned,Electric
Interior Area
- Total structure area: 5,927
- Total interior livable area: 5,927 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bathroom
- Features: Private
Master Bedroom
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1164801200
- Zoning description: Residential,Deed Restrictions
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Multi-Level Decking,Patio,Porch
- Exterior features: Sprinkler System,Balcony,Garden,Rain Gutters
- Has view: Yes
- View description: Bay,Water
- Has water view: Yes
- Water view: Water,Bay
- On waterfront: Yes
- Waterfront features: Rocky Shoreline,Lake,Sandy Shoreline
- Waterbody name: East Bay
- Frontage length: 250
Lot
- Lot size: 3.14 Acres
- Features: Cleared,Wooded,Sloped,Landscaped,Subdivided
- Lot size dimensions: Irregular
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Paved,Other,Concrete,Private
- 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
- 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 | $9,986 | $119,832 |
| Home Insurance * | $746 | $8,952 |
| Property Taxes | $2,411 | $28,932 |
| Electricity | $646 | $7,757 |
| Total | $13,789 | $165,468 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-08 | Listed for sale | $1,975,000 |
| 2019-04-28 | Listing removed | $950,000 |
| 2019-04-23 | Listed for sale | $950,000 |
| 2017-09-13 | Sold | $780,000 |
| 2017-07-28 | Price change | $799,900 |
| 2017-05-08 | Price change | $875,000 |
| 2017-01-16 | Price change | $925,000 |
| 2016-06-17 | Price change | $950,000 |
| 2016-05-11 | Listed for sale | $974,900 |
| 2012-01-27 | Sold | $4,300 |
| 2000-06-05 | Sold | $82,000 |
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