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12016 Peninsula DR, 
Traversecity, MI 49686

$1,100,000

4

Beds

3

Baths

1,987

Sq Ft

Single Family

Active

Listed by

Kate Reichard

Century 21 Northland

231-929-7900

Last updated:

January 21, 2026, 11:57 PM

MLS#

78080064897

Source:

MI REALCOMP

About This Home

12016 Peninsula DR

Extremely rare opportunity to purchase two adjacent properties on Peninsula Drive and Braemar Drive in Traverse City, offered together as a unique package. The offering includes a .5-acre vacant lot with approximately 100 feet of private frontage on Peninsula Drive, along with a 4-bedroom, 3-bath home on a .5-acre lot on Braemar Drive featuring shared water access. Together, these properties present exceptional potential for a private estate, redevelopment, or long-term investment in one of Traverse City's most sought-after locations. Just minutes from downtown Traverse City, beaches, wineries, and year-round recreation. Opportunities of this caliber, size, and proximity are seldom available.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1971

Price Summary

1,100,000

$553 per Sq. Ft.

MLS #:

78080064897

Last Updated:

January 21, 2026, 11:57 PM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,987 Sq. Ft.

Structure

Structure

Year Built:

1971

Lot

Lot Size (Sq. Ft):

43,560

Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$553 per Sq. Ft.

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12016 Peninsula DR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.