For Sale
15985 Waters Edge, Traverse City, MI 49686
$2,950,000
MLS # 1944127 (Northern Great Lakes REALTORS® MLS)
4 beds3 bathsBuilt 20260.52 acres
1 / 16
Listing Description
LOCATION AND VIEWS! Shatter the expectations of your luxury new construction home. Go ahead and pack your bags - your new home on Old Mission Peninsula is almost complete... Grab the keys and move in this Summer. Located in the exclusive Peninsula Shores gated community, residents enjoy a private marina, scenic shoreline walking trails, and effortless access to everything Traverse City and Old Mission Peninsula offer - Wineries, restaurants, and close proximity to Cherry Capital Airport. Boat Slip in East Grand Traverse Bay included.
Source: SparkMLS
About this home
4-bedroom, 3-bath home in Traverse City built in 2026.
Asking $2,950,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Lot Size0.52 acres
Year Built2026
Stories1
Location
CityTraverse City
Zip Code49686
CountyGrand Traverse County
Construction & Systems
BasementOther
HeatingNatural Gas, Forced Air
WaterPrivate Water
Sale & Financing
Listed4/22/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$3,500
IncludesSewer, Snow Removal, Other
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kyle O'Grady
REMAX Bayshore - Union St TC
Frequently Asked Questions about 15985 Waters Edge, Traverse City, MI 49686
What type of financing is accepted for this listing?
Per MLS# 1944127, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 15985 Waters Edge, Traverse City, MI 49686 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 15985 Waters Edge, Traverse City, MI 49686 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 15985 Waters Edge, Traverse City, MI 49686?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Water: Private Water. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Mortgage Calculator
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Monthly payment$22,634
Principal & interest$19,134
HOA$3,500
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
15985 Waters Edge, Traverse City, MI 49686
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