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14792 Peninsula Dr

Traverse City MI 49686

3
2
2
2592 sq. ft.
23.26 ac.
Single-Family
Currently for sale - view listing

Overview

Turnkey Working Farm | 23+ Acres | Agricultural Tax Treatment | No PDR Restrictions | Income & Investment Potential One of this property’s most compelling features extends beyond its breathtaking beauty. As an established working farm, the property currently benefits from agricultural tax treatment, offering an attractive ownership opportunity alongside its productive orchard & exceptional long-term investment potential. Addl info re: the property’s agricultural status & tax classification is available upon request. Rarely does a property of this caliber come to market. Set against a picturesque backdrop of rolling hills, tranquil ponds & thriving orchards, this remarkable listing seamlessly blends refined country living with a productive agricultural operation. The completely remodeled farmhouse has been transformed from top to bottom, inside & out. Every detail has been thoughtfully updated with quality craftsmanship & timeless finishes, creating a home that is both elegant & comfortable. Simply move in & enjoy from day one. Beyond the home, more than 23 rolling acres planted with productive apple & fruit trees provide beauty, income potential & an incredible N'ern MI lifestyle. With approximately 700' of road frontage & NO PDR restrictions, the property offers a rare level of flexibility. The acreage may be eligible for future division, subject to local approvals, making it an outstanding opportunity for investors, developers, or buyers seeking to maximize long-term value. Add'l improvements include a fully insulated basement w/exterior access, a large detached garage, an 880+ SF farm labor dormitory & multiple storage buildings that provide the infrastructure needed to continue a successful farming operation or support a variety of future uses. Few Peninsula Twp. properties offer this combination of more than 23 acres, a beautifully remodeled residence, productive orchard, extensive farm infrastructure, current agricultural tax treatment, NO PDR!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2592 sq. ft. floor area
23.26 ac. lot size
Single-Family

Property history for 14792 Peninsula Dr

2017
Sold
$485,000
13 Jul 2017 by John Washburn, of Coldwell Banker Schmidt-402

Happy sellers in Traverse City

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Local market activity for 3 bedroom single-family properties in Traverse City

In the last 12 months, 150 three-bedroom single-family properties similar to 14792 Peninsula Dr, have been sold.

This represents a 28% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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