# 377 Peninsula Knolls Lane, Traverse City, MI 49686

> **TL;DR:** land, $349,000. Est. $1,512/mo. Listed 360 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $349,000 |
| Lot Size | 51,836 sqft (1.19 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 360 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,512 |
| **Total** | **$1,512** |

## Property Highlights

- 1.19 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 377 Peninsula Knolls Lane, Traverse City, MI 49686
- **County:** Grand Traverse
- **Coordinates:** 44.7824126104507, -85.5826784662705
- **Google Maps:** https://www.google.com/maps?q=44.7824126104507,-85.5826784662705

## Listing Agent

- **Name:** David Cutler
- **Brokerage:** Twin Bay Properties, LLC
- **Phone:** 2313577800
- **Email:** dave@twinbayproperties.com

## Primary Photo

![377 Peninsula Knolls Lane - Primary Photo](http://lh.rdcpix.com/a13b69a87243363cdef948402b7fa39dl-f3443337218r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/377-peninsula-knolls-lane-traverse-city-mi-49686-1932473)*

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**MLS#:** 1932473 | **Updated:** 2026-04-26
**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/377-peninsula-knolls-lane-traverse-city-mi-49686-1932473)

---

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