Back Lot: 108/489 Peninsula Trail
Off Market

Lot: 108/489 Peninsula Trail

Traverse City MI 49686

3
1
1152 sq. ft.
0.37 ac.
Single-Family
Last sold for $575,000
Matthew GeibMatthew Geib, last sold this property on 08 October 2026 after 344 days on market.

Overview

Spend this summer at the lake! This charming Spider Lake cottage offers the perfect Up North getaway! Just steps from the water’s edge, this rare find features an ideal south-facing sandy beach with pristine, sandy-bottom frontage, perfect for swimming, kayaking, or relaxing by the shore. Enjoy sparkling lake views from every vantage point and unwind in a retreat that blends classic cottage character with thoughtful updates throughout. Offered turnkey and ready for immediate enjoyment, it’s a timeless setting where memories are made and cherished for generations to come.

Features

3 bedrooms
1 bathroom
1152 sq. ft. floor area
0.37 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Traverse City over the last 12 months, the estimated median property value of Lot: 108/489 Peninsula Trail is $443.75k.

Median value
$443.75k
Estimated value range
$140k - $4.12m
Median days on market
31
Estimated value trend
6%
increase 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 Lot: 108/489 Peninsula Trail

2026
Sold
$575,000
08 Oct 2026 by Matthew Geib, of Viewpoint Realty

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 3 bedroom single-family properties in Traverse City

In the last 12 months, 158 three-bedroom single-family properties similar to Lot: 108/489 Peninsula Trail, have been sold.

This represents a 25% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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