377 Peninsula Knolls Lane Traverse City, MI 49686

Listing Agency Twin Bay Properties, LLC d***@twinbayproperties.com Show Phone

3287 Raquet Club Drive, Suite A, Traverse City, MI

Listed by David Cutler · License #6502417683 Show Phone

Added: Apr 15, 2025 Checked: Jul 17 at 8:06 pm

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MLS# 1932473 Listing URL

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.

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Investment Insights

Based on property information with market context.

This is a for-sale, buildable residential lot within a platted subdivision. The parcel is heavily wooded with rolling topography and provides multiple potential building site locations, accommodating a range of home styles, including ranch-style or multi-story designs with or without a walkout. The lot also offers the opportunity to position the home with access to open space behind the property.

The property is located at the base of Old Mission Peninsula and backs up to open space from the neighboring Mission Bay development. Underground utilities are already on site, including natural gas, electric, cable, and municipal water. The seller also notes multiple potential locations for an on-site septic system installation.

For buyers planning to construct a primary residence, this lot’s wooded setting and varied grade can support thoughtfully sited improvements while providing convenient access to Traverse City and the Old Mission Peninsula area. With municipal water and utility service already brought to the site, the property is well suited for an owner-builder or custom home process that benefits from flexible home placement on the land.

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).

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FAQs

What type of property is this?

Residential land & home lot - Last available wooded lot with underground utilities and flexible building site options in a platted residential subdivision.

Where is this residential land & home lot located?

The property is located at 377 Peninsula Knolls Lane 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).