Back 7608 Peninsula Drive
Off Market

7608 Peninsula Drive

Traverse City MI 49686

0.75 ac.
Land
Last sold for $970,000
JEFF KERMATHJEFF KERMATH, last sold this property on 08 July 2026 after 103 days on market.

Overview

Exciting opportunity to acquire one of the few remaining undeveloped waterfront parcels on Peninsula Drive this close to town.  Build your dream home on a sloping, wooded lot with 100 feet of private beachfront on West Bay.

Features

0.75 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Traverse City over the last 12 months, the estimated median property value of 7608 Peninsula Drive is $203.22k.

Median value
$203.22k
Estimated value range
$30k - $1.5m
Median days on market
45
Estimated value trend
-15%
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 7608 Peninsula Drive

2026
Sold
$970,000
08 Jul 2026 by JEFF KERMATH, of KERMATH REALTY LLC

Happy sellers in Traverse City

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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.

Local market activity for land plots in Traverse City

In the last 12 months, 38 land plots similar to 7608 Peninsula Drive, have been sold.

This represents a 55% increase in land plots sales when compared to the previous 12 months.

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