# 1941 US-31, Traverse City, MI 49686

> **TL;DR:** 2bd/2ba condo, $1,025,000 ($918/sqft), built 2006, 1,117 sqft.
> Waterfront, View, Basement. Est. $4,442/mo. Listed 199 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,025,000 |
| Price/sqft | $918 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,117 |
| Year Built | 2006 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 199 |

## Why This Home Stands Out

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

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,442 |
| **Total** | **$4,442** |

## Key Amenities

- Waterfront
- View
- Basement

## Property Highlights

- Built in 2006
- 1 parking spaces
- Waterfront

## Description

### 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.

## Location

- **Address:** 1941 US-31, Traverse City, MI 49686
- **County:** Grand Traverse
- **Coordinates:** 44.7462560254609, -85.5375977378845
- **Google Maps:** https://www.google.com/maps?q=44.7462560254609,-85.5375977378845

## Listing Agent

- **Name:** Donald Stewart
- **Brokerage:** EXIT Northern Shores Realty-ER
- **Phone:** 3528040805
- **Email:** donestew3@gmail.com

## Primary Photo

![1941 US-31 - Primary Photo](http://lh.rdcpix.com/9b31096340d03f340aa10ae38239dd92l-f94190019r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/1941-us-31-traverse-city-mi-49686-1938878)*

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**MLS#:** 1938878 | **Updated:** 2026-04-24
**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/1941-us-31-traverse-city-mi-49686-1938878)

---

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