# 7878 Peninsula Drive, Traverse City, MI 49686

> **TL;DR:** 3bd/4ba single family, $1,925,000 ($662/sqft), built 1950, 2,908 sqft.
> Waterfront, View, Basement. Est. $8,342/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,925,000 |
| Price/sqft | $662 |
| Bedrooms | 3 |
| Bathrooms | 4 full |
| Square Feet | 2,908 |
| Year Built | 1950 |
| Lot Size | 52,272 sqft (1.20 acres) |
| Stories | 2 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 20 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,342 |
| **Total** | **$8,342** |

## Key Amenities

- Waterfront
- View
- Basement

## Property Highlights

- Built in 1950
- 1.20 acre lot
- 2 stories
- Waterfront

## Description

### Agent Description
Set along 111 feet of pristine, sandy beach on coveted Old Mission Peninsula, this exceptional waterfront estate offers a rare blend of privacy and proximity, ideally located just two miles from the city limits. Thoughtfully designed for refined living and effortless entertaining, the residence showcases a seamless open floor plan where the living, dining, and kitchen spaces are all oriented to capture sweeping West Bay views from nearly every vantage point. The private primary suite serves as a true retreat, featuring a spa-like ensuite with a jetted soaking tub, walk-in shower, spacious dual vanities, and a well-appointed kitchenette. Elevated finishes and intentional design details are found throughout, including a spacious butler’s pantry, main level laundry, dedicated home office area, and additional versatile areas that enhance both comfort and functionality. Multiple outdoor living spaces provide an exceptional setting for gathering or unwinding, all framed by breathtaking sunsets over the bay, while a charming additional cabin offers a welcoming space for guests. A two-car garage, with integrated carport, offers ample room for vehicles and lakefront essentials. This is your opportunity to experience the very best of Old Mission Peninsula waterfront living!

## Location

- **Address:** 7878 Peninsula Drive, Traverse City, MI 49686
- **County:** Grand Traverse
- **Coordinates:** 44.801784, -85.581472
- **Google Maps:** https://www.google.com/maps?q=44.801784,-85.581472

## Listing Agent

- **Name:** Matthew Geib
- **Brokerage:** Viewpoint Realty
- **Phone:** 2313573265
- **Email:** matt@yourviewpointrealty.com

## Primary Photo

![7878 Peninsula Drive - Primary Photo](http://lh.rdcpix.com/cf67f6f366e3fddeb76722b8ace453f8l-f3675351040r.jpg)

*55 total photos available on [listing page](https://www.propertysimple.com/listing/7878-peninsula-drive-traverse-city-mi-49686-1945017)*

---

**MLS#:** 1945017 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7878-peninsula-drive-traverse-city-mi-49686-1945017)

---

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