24/1941 North US-31 North

Traverse City MI 49686

1117 sq. ft.

Condo

Last sold for $900,000

Donald Stewart, last sold this property on 21 October 2026 after 392 days on market.

Overview

Welcome to Peninsula Bayâ€™s premier 2nd floor retreat, perched above Miracle Mileâ€™s sandy shoreline with panoramic East Bay views. This residence blends a luxury lifestyle with the ease of a true turnkey escape. From the moment you step into this fully furnished condo, youâ€™ll notice the thoughtful renovation throughoutâ€”every detail in the kitchen and bathrooms has been reimagined with high-end finishes, granite, and custom design touches. The kitchen is a chefâ€™s dream with premium appliances, a gas range, double-drawer dishwasher, and generous pantry space. An open layout connects seamlessly to the living area, where a gas fireplace and expansive water views set the tone for effortless entertaining. The water-facing primary suite is a private sanctuary with a walk-in closet and spa-like shower, while the guest bedroom also features a walk-in closet and elegant finishes. In-unit laundry, and a spacious covered balcony add to the everyday comfort. Peninsula Bay itself elevates the experience: 330 feet of sandy frontage, a heated pool and hot tub, grill and gathering areas, chaise lounges on a groomed beach, a secure lobby, elevator, and even heated sidewalks for year-round ease. Whether youâ€™re savoring a sunset from your balcony or exploring the walkable Miracle Mile, this home captures the very best of Bayfront living. Short-term rentals are allowed, offering excellent investment flexibility.

Features

2 bedrooms

2 bathrooms

1117 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Traverse City over the last 12 months, the estimated median property value of 24/1941 North US-31 North is $319k.

Median value

$319k

Estimated value range

$750 - $900k

Median days on market

Estimated value trend

-8%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Traverse City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24/1941 North US-31 North

2026

Sold

$900,000

21 Oct 2026 by Donald Stewart, of EXIT NORTHERN SHORES REALTY-ER

Happy sellers in Traverse City

We have insufficient information to provide an overview of customer satisfaction for Traverse City. Viewing the agent profiles, reviews and sales for Traverse City can provide insights for this location.