7320 Peninsula Drive, Traverse City, MI 49686

$975,000
4
BD
3
BA
2,931
SqFt

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Sold Price
$975,000
List Price
$1,000,000
Closing Date
Jan 29, 2026
Days on Market
90
Status
SOLD CO-OP MEMBER
MLS#
1938929
Bedrooms
4
Bathrooms
3
Full Baths
2
Three Quarter Baths
1
Living Area
2,931
Lot Size (Acres)
0.8
Style
Colonial
Year Built
1950

Property Description

This beautifully renovated colonial on Peninsula Drive is undoubtedly a rare find—offering timeless charm, thoughtful updates, and a highly sought-after location. From the moment you step inside, natural light and warm, modern finishes set the tone for an inviting and comfortable home. The main floor was designed for connection and entertaining, featuring a fully renovated kitchen with custom cabinetry, quartz countertops, and an expansive island that flows seamlessly into the dining area. Enjoy open views of West Bay while sharing meals, then unwind by the fire in either of the home’s two living spaces—one offering a cozy, intimate feel and the other showcasing vaulted ceilings and a bright, airy atmosphere. A flexible office/studio nook adds to the versatility of the main level. The spacious primary suite, conveniently located on the main floor, offers a private retreat with a walk-in closet and en-suite bath. Upstairs, you’ll find three additional bedrooms and a full bath—perfect for family or guests. Outdoors, the property truly shines. The large, landscaped, manicured parcel is ideal for lawn games, entertaining, enjoying the pond, or simply soaking in the beauty of Peninsula living. A generous back deck provides the perfect space for grilling, dining under the stars, or gathering with friends after a great day on the Bay. Whether you’re seeking a year-round residence or a Northern Michigan retreat, this home checks every box for comfort, convenience, and lifestyle.

Additional Information

Taxes
$7,405
Stories
2
Interior Features
Bookcases, Entrance Foyer, Walk-In Closet(s), Breakfast Nook, Solid Surface Counters, Kitchen Island, Mud Room, Formal Dining Room, Great Room, Den/Study, Vaulted Ceiling(s), Drywall, Ceiling Fan(s), Cable TV, High Speed Internet
Amenities
None
Flooring
Tile, Wood, Carpet
Garage Spaces
2
Exterior Features
Sprinkler System, Sidewalk, Rain Gutters
View
Water, Bay View, Bay, Seasonal View
Heating
Forced Air, Fireplace(s), Natural Gas
Cooling
Ductless, Multi Units
Water
Public
Sewer
Public Sewer
School District
Traverse City Area Public Schools

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Calculator source: Real Geeks

Listing Courtesy of @properties Christie's Int'l. 231-642-2363

Selling Office: Coldwell Banker Schmidt-S.Bay.