14588 Peninsula Drive, Traverse City, MI 49686

$2,750,000 Asking Price

4 beds
4 baths
4,500  sqft
Built in 2007

Great news for this exceptional property on Old Mission Peninsula- Buyers can assume sellers 3.8 interest rate with an annual dividend return. Boasting over 60 acres of stunning countryside views & a luxurious stately home, it is just a 5-minute drive to all major wineries, local pubs, live music at Mission Proper & the renowned Boat House Restaurant. The orchard features high-density Honey Crisp apples and is managed by the largest family-owned farmers in the area. Even if you're not an experienced farmer, there's no need to worry as the local farmer takes care of everything, and profits are shared at the end of the year. The large 60x40 pole barn is perfect for storage of boats/tractors. Robert Yvonne designed this 4,500 sq ft home with ample windows to soak in the countryside & plenty of room for entertaining- even it's own pub-like finished lower level This 4 bedrooms/ 4 bathrooms, each thoughtfully designed with luxurious finishes like heated floors & big spacious rooms. Outfitted with high-end fixtures & finishes, including a top of the line gourmet kitchen as well as a nice gym with Ai Tonal gym (Google it!). With privacy rights to the south, your breathtaking views will never be obstructed. Additionally, the property is currently listed with the county as agricultural land, providing attractive tax benefits.

Features & Amenities

Interior

General:
Bookcases, Entrance Foyer, Walk-In Closet(s), Pantry, Granite Counters, Solid Surface Counters, Kitchen Island, Mud Room, Great Room, Den/Study, Workshop, Central Vacuum, Ceiling Fan(s), High Speed Internet, Cable TV, WiFi
Appliances:
Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Cooktop, Exhaust Fan, Gas Water Heater, Humidifier
Laundry:
Main Level
Basement:
Walk-Out Access, Finished Rooms, Egress Windows, Bath/Stubbed
Flooring:
Tile, Carpet, Wood
A/C:
true, Central Air, Zoned
Heating:
true, In-floor Radiant Heating, Forced Air, Hot Water, Radiant Floor, Fireplace(s), Natural Gas
Fireplace:
Gas, Fireplace
Disability Feature:
None

Exterior

General:
Sprinkler System
Style:
Craftsman
Parking:
Asphalt, Private, Attached, Garage Door Opener, Paved, Heated Garage, Concrete Floors

Construction

Roofing:
Asphalt
Windows:
Blinds
General:
2x6 Framing, Frame, Stone, Wood Siding, 2, Poured Concrete

Location

Road/Access:
Asphalt
HOA Amenities:
Annually
Originating MLS:
NGLRMLS API
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Zoning:
See associated documents
View:
Countryside View, View

Utilities

Water:
Private
Sewer:
Private Sewer

Financial

Source:
NGLRMLS API
Ownership:
Private Owner

This listing courtesy of:
Coldwell Banker Schmidt Traver, Shawn Schmidt

About Traverse City, MI

Housing

Number of Units
37,647
Median Home Value
$253,583
Median Rent
$889

24.77% of housing units are renter occupied.

11.10% are vacant.

Commute

Car
80.96%
Public Transportation
1.36%
Walk to Work
2.46%
Work from Home
13.26%
Other
0.48%

The median travel time to work is 18 minutes.

People

Population
75,364
Median Age
43.50
Median Household Size
2.53

Education

High School
20.97%
Associate’s Degree
9.01%
Bachelor’s Degree
26.84%
Graduate Degree
15.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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