7320 Peninsula Dr

Traverse City MI 49686

3673 sq. ft.

0.8 ac.

Single-Family

Last sold for $975,000

Ryan Craig, last sold this property on 29 January 2026 after 126 days on market.

Overview

This beautifully renovated colonial on Peninsula Drive is undoubtedly a rare findâ€”offering timeless charm, thoughtful updates, and a highly sought-after location. From the moment you step inside, natural light and warm, modern finishes set the tone for an inviting and comfortable home. The main floor was designed for connection and entertaining, featuring a fully renovated kitchen with custom cabinetry, quartz countertops, and an expansive island that flows seamlessly into the dining area. Enjoy open views of West Bay while sharing meals, then unwind by the fire in either of the homeâ€™s two living spacesâ€”one offering a cozy, intimate feel and the other showcasing vaulted ceilings and a bright, airy atmosphere. A flexible office/studio nook adds to the versatility of the main level. The spacious primary suite, conveniently located on the main floor, offers a private retreat with a walk-in closet and en-suite bath. Upstairs, youâ€™ll find three additional bedrooms and a full bathâ€”perfect for family or guests. Outdoors, the property truly shines. The large, landscaped, manicured parcel is ideal for lawn games, entertaining, enjoying the pond, or simply soaking in the beauty of Peninsula living. A generous back deck provides the perfect space for grilling, dining under the stars, or gathering with friends after a great day on the Bay. Whether youâ€™re seeking a year-round residence or a Northern Michigan retreat, this home checks every box for comfort, convenience, and lifestyle.

Features

4 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

3673 sq. ft. floor area

0.8 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Traverse City over the last 12 months, the estimated median property value of 7320 Peninsula Dr is $588.75k.

Median value

$588.75k

Estimated value range

$275k - $4.76m

Median days on market

Estimated value trend

-5%

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 7320 Peninsula Dr

2026

Sold

$975,000

29 Jan 2026 by Ryan Craig, of @properties Christie's Int'l

2019

Sold

$455,000

31 Dec 2019 by Kimberly Kamrow, of Keller Williams Northern Michigan

2016

Sold

$295,000

03 May 2016 by Marsha Minervini, of REMAX Bayshore - Union St TC

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.