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About This Home

This 2-bedroom, 2-bathroom condo at 1941 US-31 in Traverse City, MI is listed for $1,025,000 ($918 per sqft). Built in 2006, the home offers 1,117 sqft of living space on a N/A lot.

Agent Description

Welcome to Peninsula Bay’s premier 2nd floor retreat, perched above Miracle Mile’s sandy shoreline with panoramic East Bay views. This residence blends a luxury lifestyle with the ease of a true turnkey escape. From the moment you step into this fully furnished condo, you’ll notice the thoughtful renovation throughout—every detail in the kitchen and bathrooms has been reimagined with high-end finishes, granite, and custom design touches.

The kitchen is a chef’s dream with premium appliances, a gas range, double-drawer dishwasher, and generous pantry space. An open layout connects seamlessly to the living area, where a gas fireplace and expansive water views set the tone for effortless entertaining.

The water-facing primary suite is a private sanctuary with a walk-in closet and spa-like shower, while the guest bedroom also features a walk-in closet and elegant finishes. In-unit laundry, and a spacious covered balcony add to the everyday comfort.

Peninsula Bay itself elevates the experience: 330 feet of sandy frontage, a heated pool and hot tub, grill and gathering areas, chaise lounges on a groomed beach, a secure lobby, elevator, and even heated sidewalks for year-round ease. Whether you’re savoring a sunset from your balcony or exploring the walkable Miracle Mile, this home captures the very best of Bayfront living. Short-term rentals are allowed, offering excellent investment flexibility.

Key Features

  • Built in 2006
  • 1 parking spaces
  • Waterfront

Property Details

2 full
1 space
#24
2006

Amenities

WaterfrontViewBasement

Monthly Cost Estimate

$5,482/mo

20% down · 6.5% · 30 years

Principal$741
Interest$4,442
Insurance$299

Estimates only. Actual payments may vary.

Location

1941 US-31

Traverse City, MI 49686

Features & Amenities

Interior Features

SkylightsBay Window(s)Foyer EntranceWalk-in Closet(s)PantryOtherIsland KitchenFormal Dining Room

Exterior Features

StoneWoodOut Building

Property Details

Views

Water

Parking

None

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDryerFreezerGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 1941 US-31 is listed at $1,025,000 ($918/sqft). The estimated monthly payment is $4,442 based on 20% down at 6.5% interest.

Key features include: Built in 2006, 1 parking spaces, Waterfront. Interior Features: Skylights, Bay Window(s), Foyer Entrance. Exterior Features: Stone, Wood, Out Building.

This property is listed by Donald Stewart and can be reached at 3528040805 or donestew3@gmail.com.

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DS

Donald Stewart

Agent at EXIT Northern Shores Realty-ER

(352) 804-0805

Listed by EXIT Northern Shores Realty-ER · View on Broker Site

MLS# 1938878· Source: listhub· Updated 199 days ago

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.

1941 US-31, Traverse City, MI 49686

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