Buildable Lot in Peninsula
377 Peninsula Knolls Ln, Traverse City, MI 49686
For Sale
$349,000
1.19-acre wooded parcel near Traverse City and Old Mission.
Property SizeContact for details
Lot Size1.19 Acres
Days on Market195
Property Features for 377 Peninsula Knolls Ln
General Information
Standard status
Lot size
Property subtype
Listing Agency:
Twin Bay Properties, LLC
Listed By:
David G Cutler · License #6502417683
(231) 357-7800
Source:
Elliman
Added: Apr 27
Changed: Oct 25
Last Checked: Nov 6 at 9:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Twin Bay Properties, LLC
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Investment Insights
Based on property information with market context.
This 1.19-acre parcel is the last buildable lot in the Peninsula Knolls subdivision, situated at the base of the Old Mission Peninsula. The property features heavy woods and rolling typography, offering privacy and multiple building site options suitable for a ranch-style home or a multi-story design with or without a walkout. It backs up to open space from the neighboring Mission Bay development, providing a peaceful setting. The location is minutes from downtown Traverse City, local beaches, wineries, and restaurants. All underground utilities are on site, including natural gas, electric, cable, and municipal water. There are multiple potential locations for an on-site septic system installation. The bike score is 82, indicating it is very bikeable, and the walk score is 73, indicating it is very walkable.
Key Highlights
- Last buildable lot in the highly sought‑after Peninsula Knolls subdivision.
- 1.19‑acre parcel with gorgeous rolling typography and multiple building site options.
- All underground utilities are already on site (natural gas, electric, cable, and municipal water).
Property Analytics
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Location Intelligence
Trade Area within ½ mile
40
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Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.19-acre wooded parcel near Traverse City and Old Mission.
Where is this residential land & home lot located?
The property is located at 377 Peninsula Knolls Ln Traverse City, MI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Last buildable lot in the highly sought‑after Peninsula Knolls subdivision.; 1.19‑acre parcel with gorgeous rolling typography and multiple building site options.; All underground utilities are already on site (natural gas, electric, cable, and municipal water).
