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Jenn Smart

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240 Peninsula Hills , Traverse City, MI 49686
$529,900
Est. Payment: $2,761.38/mo
2 Bed
2 Bath
1302 Sqft
Status: active with contingency | Days on site: 52
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Peninsula Hills Townhomes on Old Mission | West Bay Waterfront Rarely available and deeply coveted, this 2-bedroom, 1.5-bath townhome on Old Mission Peninsula delivers something most buyers only dream about: panoramic sunset views over West Bay, 260 feet of shared sandy beach just steps from your door, and the quiet rhythm of vineyard country all around you. Unwind on the lower covered porch or take in the evening light from the sunny balcony, both overlooking a lush lawn that rolls toward the water. Moor your boat, launch your kayak, or simply sink your toes into the sand — the beach is shared among just 26 neighbors, keeping it peaceful and uncrowded. A garage and covered carport provide ample parking and storage, and the finished basement offers room to grow. The $300/month HOA covers water, sewer, trash, snow removal, lawn care, beach maintenance, and exterior building care, a genuinely low-maintenance lifestyle in one of Northern Michigan's most sought-after corridors. Pets are welcome with board approval, and a shared community garden adds a charming touch for those who love to grow things. Beyond your front door, Old Mission Peninsula stretches 18 scenic miles into the heart of Grand Traverse Bay, flanked by both bays, dotted with 10 wineries, cherry and apple orchards, lavender fields, and farm stands overflowing with fresh produce. It's the kind of place people visit once and spend years trying to get back to. This is that rare opportunity. Don't let it pass.

Highlights

Listed by Erica Foerster , 210-286-8954 and Marc Foerster , 231-600-3410 REO-TCFront-233021 , 231-947-9800. MiRealSource, Inc. mls logo

Property Type

Condo/Townhome

HOA Fee

300 Monthly

Year Built

1971

County

Grand Traverse

Area

Peninsula Twp (28011)

Neighborhood

Peninsula Townhouses

School District

Traverse City Area Public Schools

Listing ID

80070126

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
Air Cond:Central A/C
Fireplaces:Gas Fireplace
Above Ground Sq Ft:1302
Below Ground Sq Ft:534
Basement:Block,Finished,Full
Other:
  • Additional:Walk-In Closet, Window Treatment(s)
Water:Community Well

Exterior Features

Zoning:Residential
Others:
  • Additional:Exterior Balcony, Deck, Lawn Sprinkler
Sewer:Septic
Parking Features:Carport,Detached Garage,Gar Door Opener,Garage
Principal Interest
$2,761
Taxes
$338
HOA
$300

Home Price

$529,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$105,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,761.38

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,761.38 $337.81 $300.00 $3,399.19
Yearly $33,136.59 $4,053.74 $3,600.00 $40,790.33
Total $994,097.74 $121,612.05 $108,000.00 $1,223,709.79
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Traverse City, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T04:57:55.100Z

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