For Sale359d on market
377 Peninsula Knolls Ln
Traverse City, MI, 49686 • 49686 • Grand Traverse County
$349,000
1.2 acLot
Property DNA
Waterfront Property
None
Peninsula Knolls
49686
Market activity
Demand and pricing signals for this listing
107 views
People checking out this listing
5 saves
Buyers have saved this home
359 days on market
Established listing
About this home
Lot
Here is your chance to own the last buildable lot in the highly sought-after Peninsula Knolls subdivision, located at the base of the beautiful Old Mission Peninsula. This stunning 1.19-acre parcel is heavily wooded with gorgeous rolling typography, offering privacy, character, and multiple building site options — perfect for a ranch-style home or a multi story with or without walkout design. Backing up to open space from the neighboring Mission Bay development, this property provides a peaceful setting while being just minutes from downtown Traverse City, local beaches, world-class wineries, and award-winning restaurants. All underground utilities are already on site — including natural gas, electric, cable, and municipal water. There are multiple potential locations for an on-site septic system installation. This location truly has it all — privacy, convenience, natural beauty, and access to all the best that Traverse City and the Old Mission Peninsula have to offer. Don't miss this rare opportunity to build your dream home in one of the area's most desirable neighborhoods.
Standout features identified
Our analysis highlights peaceful setting, multiple building site options, and gorgeous rolling typography as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,180/month
Principal & Interest$1,715
Property Tax$349
Insurance$116
Down payment20% ($69,800)
3%50%
Est. 6.22% rate · 30yr fixed · $279,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerPublic, None / Private Sewer, None
Parking & Outdoor
Lot1.19 Acres
Location & Tax
Neighborhood49686
Annual tax$1,885
Parcel1160803400
Features & details
4 categories of property features
Exterior Features
Exterior
None
Lot Features
Rolling Slope
Hardwoods
Wooded
Community
None
Utilities
Electricity Available
Natural Gas Available
Phone Available
Cable Available
Cable Internet
Listing insights
Market data and value estimates
StatusFor Sale
Days on market359
Est. rent$1,661/mo
Tax rate0.75%
On marketApr 15, 2025
PostedApr 15, 2025
MLS updatedDec 28, 2025
Tour days6
Views107
Favorites5
How are the schools in Traverse City?
3 schools rated nearby
Location
Traverse City, MI, 49686
Price history
4 events
DateEventPrice$/sqftSource
Apr 15, 2025Listed For Sale$349,000—NGLRMLS
Nov 8, 2020Listing Removed$88,000—Real Estate One
Aug 11, 2019Price Change$88,000—Real Estate One
Sep 12, 2018Listed For Sale$99,000—Real Estate One - Front
Listed For Sale$349,000
Apr 15, 2025•NGLRMLS
Listing Removed$88,000
Nov 8, 2020•Real Estate One
Price Change$88,000
Aug 11, 2019•Real Estate One
Listed For Sale$99,000
Sep 12, 2018•Real Estate One - Front
Tax history
21 years of records
YearTax paidAssessed value
Apr 10, 2025$1,885$100,000
Apr 10, 2024$1,788$75,000
Apr 10, 2023$1,788$39,000
Apr 10, 2022$3,158$39,000
Apr 10, 2021$1,172$70,700
Apr 10, 2020$1,167$44,100
Apr 10, 2019$1,167$31,800
Apr 10, 2018$1,143$30,400
Apr 10, 2017—$32,500
Apr 10, 2016—$32,500
Apr 10, 2014—$23,900
Apr 10, 2010—$41,000
Apr 10, 2009—$42,500
Apr 10, 2008—$42,500
Apr 10, 2007—$40,000
Apr 10, 2005—$37,500
Apr 10, 2004—$37,500
Apr 10, 2003—$34,366
Apr 10, 2002—$32,250
Apr 10, 2001—$30,000
Apr 10, 2000—$24,453
Nearby homes
Neighborhood details
Local context around this listing
Traverse City, MI • Grand Traverse County
Nearby neighborhoods
BoardmanCentralChums CornerDowntownGreilickvilleKids CreekOak ParkOld TowneSlab TownTraverse Heights
Nearby cities
CedarEmpireFife LakeGrawnInterlochenKingsleyMaple CitySuttons Bay
Nearby zip codes
4967349684496854968649696
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The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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