7981 Underwood Rdg, Traverse City, MI 49686

Off market aug 2025 for $1.7M

$1,776,469

Est. refi paymentEst. refi $11,664/mo

•

3,600

sq ft

7981 Underwood Rdg, Traverse City, MI 49686

About this home

Elegant Estate on Old Mission Peninsula with Vineyard Views & Stunning Sunrises Welcome to this beautifully updated 5-bedroom, 4-bathroom estate nestled in the heart of Old Mission Peninsulaâ€™s prestigious Underwood Farms neighborhood. Perfectly situated between the sparkling shores of West and East Grand Traverse Bay and surrounded by rolling vineyards, this spacious home offers privacy, luxury, and spectacular sunsets. Inside, youâ€™ll find over 5,000 square feet of thoughtfully designed living space with two grand staircases, two fireplaces, and a seamless blend of timeless charm and modern updates. Key Features & Updates: Interior: All-new hardwood floors (2013), renovated primary suite with spa-like bath and custom walk-in closet, upgraded crown molding and woodwork throughout foyer and staircases, expanded kitchen island with newer refrigerator (2022), family room addition off kitchen (2016), and new carpet in basement and 3 upstairs bedrooms (2021). Exterior: Full exterior transformation in 2016, including new siding (replacing original brick), metal roof accents, detailed trim work, new front porch, and front door. Mechanical: Two new hot water heaters and furnaces (approx. 2015).

Single-familyProperty Type

1999Year Built

1.41 acresLot Size

$493Est. Price/Sq.Ft.

3 car garageParking

Listed by Pamela Klumpp • Coldwell Banker Schmidt Traverse City

•231-922-2350 (broker)

•tracy@schmidthq.com (broker)

Bought with Scott Moore • EXIT Northern Shores Realty-ER

•231-264-9833 (broker)

•stephen@sckaras.com (broker)

Redfin checked: a minute ago

•Source:MiRealSource-MiMLS #80059678

Redfin Estimate

$1,776,469

$6,469 since sold in August 2025$39K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 85.9% higher than the average sale price ($956K) of 6 comparable homes.

SOLD SEP 18, 2026
$1,665,000
A
5 beds3.5 baths4,953 sq ft
8208 Underwood Rdg, Traverse City, MI 49686
SOLD JUL 31, 2026
$670,000
B
3 beds2.5 baths1,455 sq ft
6173 Red Fox Run, Traverse City, MI 49686
SOLD SEP 9, 2026
$610,000
C
3 beds2.5 baths2,750 sq ft
6471 Mission Rdg, Traverse City, MI 49686
SOLD SEP 23, 2026
$700,000
D
3 beds2.5 baths3,100 sq ft
188 Wildwood Meadows Dr, Traverse City, MI 49686
SOLD SEP 18, 2026
$915,000
E
4 beds3 baths2,760 sq ft
547 Hidden Ridge Dr, Traverse City, MI 49686
SOLD SEP 17, 2026
$1,175,000
F
3 beds3.5 baths4,970 sq ft
91 Vineyard Ridge Dr, Traverse City, MI 49686

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Earn from this home

Refinance

Est. cash available

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Rent

$4,873/mo

Redfin rental estimate

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Market trends in 49686, MI

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.0%

1.2% MoM

Median sale price

$467K

$32K MoM

Avg. days on market

54d

3 days MoM

Recently sold homes

135

2 MoM

New listings for sale

$530,000
3 beds3 baths1,250 sq ft
705 E State St, Traverse City, MI 49686
(231) 642-2363
$1,739,900
5 beds4.5 baths4,755 sq ft
3159 Ogidaki Trl, Traverse City, MI 49686
$625,000
5 beds3.5 baths3,577 sq ft
3176 Winchester Dr, Traverse City, MI 49686
(231) 683-2125
$150,000
2 beds1 bath896 sq ft
129 Fair St, Traverse City, MI 49686
$299,000
2 beds2.5 baths1,362 sq ft
1029 Fern St, Traverse City, MI 49686
$415,000
2 beds2 baths792 sq ft
922 E Front St, Traverse City, MI 49686
FOR SALE BY OWNER
$182,500
2 beds2 baths— sq ft
500 Devonshire Ct, Traverse City, MI 49686
$859,000
3 beds2.5 baths2,572 sq ft
3915 Smokey Ridge Rd, Traverse City, MI 49686
$495,000
3 beds4 baths2,391 sq ft
1511 Kent St, Garfield Charter Township, MI 49633
$9,900
2 beds2 baths1,060 sq ft
2035 N Us-31 N, East Bay Twp, MI 49686
See all

Provided by Redfin

Sale history for 7981 Underwood Rdg

Date

Event

Price

REALCOMP #78080059678

Aug 18, 2025

Sold

$1,770,000

$492/sq ft

Jul 28, 2025

Contingent

—

Jul 16, 2025

Listed

$1,770,000

$492/sq ft

Elegant Estate on Old Mission Peninsula with Vineyard Views & Stunning Sunrises Welcome to this beautifully updated 5-bedroom, 4-bathroom estate nestled in the heart of Old Mission Peninsulas prestigious Underwood Farms neighborhood. Perfectly situated between the sparkling shores of West and East Grand Traverse Bay and surrounded by rolling vineyards, this spacious home offers privacy, luxury, and spectacular sunsets. Inside, youll find over 5,000 square feet of thoughtfully designed living space with two grand staircases, two fireplaces, and a seamless blend of timeless charm and modern updates. Key Features & Updates: Interior: All-new hardwood floors (2013), renovated primary suite with spa-like bath and custom walk-in closet, upgraded crown molding and woodwork throughout foyer and staircases, expanded kitchen island with newer refrigerator (2022), family room addition off kitchen (2016), and new carpet in basement and 3 upstairs bedrooms (2021). Exterior: Full exterior transformation in 2016, including new siding (replacing original brick), metal roof accents, detailed trim work, new front porch, and front door. Mechanical: Two new hot water heaters and furnaces (approx. 2015).

MiRealSource-MiMLS #80059678

Aug 18, 2025

Sold

$1,770,000

$492/sq ft

Jul 28, 2025

Contingent

—

Jul 16, 2025

Listed

$1,770,000

$492/sq ft

MiRealSource-MiMLS #1113085

May 17, 2013

Sold

$790,000

$219/sq ft

May 17, 2013

Listed

$790,000

$219/sq ft

MiRealSource-MiMLS #1070311

Aug 16, 2007

Listing Removed

—

Feb 1, 2007

Listed

$895,000

$249/sq ft

MiRealSource-MiMLS #1066413

Jan 14, 2007

Listing Removed

—

Jul 18, 2006

Listed

$895,000

$249/sq ft

MiRealSource-MiMLS #1058112

Jul 14, 2006

Listing Removed

—

Jul 19, 2005

Listed

$975,000

$271/sq ft

Public Records

Aug 20, 2001

Sold

$775,000

$215/sq ft

Tax history for 7981 Underwood Rdg

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

3,871

Year built

1999

Style

Condo/Co-op

County

Grand Traverse County

APN

11-683-006-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 3, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Parking Spaces in Garage: 3
Garage Type: Attached Garage, Gar Door Opener, Heated Garage
Parking: Garage

Interior

Virtual Tour

Interior Features
Has Fireplace
Rooms: Den/Study/Lib, Entry, Exercise Room, Great Room, Breakfast Nook/Room, Pantry, Formal Dining Room
Interior Features: Cathedral/Vaulted Ceiling, Walk-In Closet, Window Treatment(S)
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Has Fireplace
Fireplace Features: Gas Fireplace

Bedroom Information
First Floor Bedroom
Bedroom 1 Level: Main
Bedroom 1 Dimensions: 20 x 18
Bedroom 1 Floor Covering: Carpet
Bedroom 1 Floor Covering: Carpet
Bedroom 2 Level: Upper
Bedroom 2 Dimensions: 13 x 13
Bedroom 2 Floor Covering: Carpet
Bedroom 3 Level: Upper
Bedroom 3 Dimensions: W=12
Bedroom 3 Floor Covering: Carpet
Bedroom 4 Level: Upper
Bedroom 4 Dimensions: 12 x 11

Bathroom Information
# of Bathrooms (Upper): 2
# of Bathrooms (Main): 2
Has Primary Bath
# of Lavatories: 1
# of Bathrooms (Full): 3
# of Baths/Lavatories (Total): 4

Dining/Kitchen Information
Dining Room Floor Covering: Wood
Kitchen Floor Covering: Wood
Kitchen Level: Main
Kitchen Dimension: 26 x 12
Dining Room Level: Main
Dining Room Dimension: 14 x 13

Family/Great Room Information
Family Room Floor Covering: Wood
Family Room Level: Main
Family Room Dimensions: 14 x 18

Library/Den/Living Room Information
Living Room Floor Covering: Wood
Living Room Level: Main
Living Room Dimensions: 20 x 15

Laundry/Basement Information
Basement Type: Egress/Daylight Windows, Full, Partially Finished, Poured
Laundry Room Level: Lower

Exterior

Exterior Features
Exterior Construction: Wood, Shingle Siding
Exterior Features: Deck, Lawn Sprinkler

Property Features
Water Features: All Sports Lake, Water View, Shared Waterfront, Great Lake, Sandy Bottom
Frontage Type: Water
Lake Name: East Bay

Property Information
Property Type: Residential
Structure Style: 1 1/2 Story
Year Built: 1999
Site Condo
Below Grade Sq. Ft.: 2340
Below Grade Sq. Ft. (Finished): 1404

Lot Information
SITE/LOT FEATURES: Cleared, Sloping
VIEW: Bay View
Lot Size: 172,328,187,357
Zoning: Residential

Land Information
Acreage: 1.41
Frontage: 500

Utilities

Utility Information
UTILITIES: Cable Available
Heat/Fuel Type: Natural Gas
Water: Public Water
Cooling System: Ceiling Fan(S), Central A/C, Exhaust Fan
Heating System: Forced Air
Sewer Septic: Septic

Location

Unit 5 Information
Living Room Dimensions: L=5004

School Information
School District: Traverse City Area Public School
School District: Traverse City Area Public School

Address Information
Street Designation: Ridge

Location Details
Directions: Center Rd (M-37) to Left at Underwood L on Underwood Ridge on right.
Municipality: Peninsula Twp
Mail City: Traverse City
Subdivision: UNDERWOOD FARMS
Municipality: Peninsula Twp
Area (Municipality): Peninsula Twp (28011)

Public facts

Beds: 5
Baths: 3.5
Sq. Ft.: 3,871
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1999
Year Renovated: —
County: Grand Traverse County
APN: 11-683-006-00

Home facts updated by county records on Sep 3, 2026

Other

Listing Information
Originating MLS: Aspire North REALTORS

Around this home

Schools

K - 12
Preschool & daycare

Eastern Elementary School

Public PreK-5 • Assigned • 2.5mi

7/10

Central High School

Public 8-12 • Assigned • 2.6mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 95° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Traverse City, MI • 49686

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

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Home values near 7981 Underwood Rdg

Data from public records.

Address	Redfin Estimate
8080 Underwood Rdg, Traverse City, MI 3 Beds \| 5.5 Baths \| 4007 Sq. Ft.	$1,209,593
7893 Underwood Rdg, Traverse City, MI 5 Beds \| 4.5 Baths \| 4348 Sq. Ft.	$1,642,610
7841 Underwood Rdg, Traverse City, MI 4 Beds \| 3.5 Baths \| 5485 Sq. Ft.	$1,887,995
7996 Underwood Rdg, Traverse City, MI 4 Beds \| 3.5 Baths \| 2765 Sq. Ft.	$835,655
8115 Underwood Rdg, Traverse City, MI 5 Beds \| 5.5 Baths \| 3166 Sq. Ft.	$1,569,510
7926 Underwood Rdg Lot : 20, Traverse City, MI 4 Beds \| - Baths \| 2174 Sq. Ft.	$991,755
46 Peninsula Hills Dr, Traverse City, MI 4 Beds \| 1 Baths \| 2537 Sq. Ft.	$1,002,503

Address	Redfin Estimate
8132 Underwood Rdg, Traverse City, MI 5 Beds \| 4 Baths \| 2958 Sq. Ft.	$1,575,858
7852 Underwood Rdg, Traverse City, MI 4 Beds \| 3.5 Baths \| 3048 Sq. Ft.	$1,237,113
7926 Underwood Rdg, Traverse City, MI 4 Beds \| 3.5 Baths \| 4002 Sq. Ft.	$1,198,715
8009 Underwood Rdg, Traverse City, MI 4 Beds \| 4.5 Baths \| 3509 Sq. Ft.	$1,300,322
7945 Underwood Rdg Apartment 7, Traverse City, MI 4 Beds \| 5 Baths \| 4773 Sq. Ft.	$2,009,720
7852 Underwood Rdg Lot : 18, Traverse City, MI 4 Beds \| 3.5 Baths \| 3048 Sq. Ft.	$1,228,460
120 Peninsula Hills Dr Lot : 2 & 4, Traverse City, MI 3 Beds \| 4 Baths \| 2703 Sq. Ft.	$1,308,685

Address	Redfin Estimate
7945 Underwood Rdg, Traverse City, MI 4 Beds \| 4 Baths \| 6794 Sq. Ft.	$1,316,541
7964 Underwood Rdg, Traverse City, MI 4 Beds \| 3.5 Baths \| 3742 Sq. Ft.	$1,594,552
7878 Underwood Rdg, Traverse City, MI 4 Beds \| 4 Baths \| 2926 Sq. Ft.	$1,706,328
8071 Underwood Rdg, Traverse City, MI 4 Beds \| 3.5 Baths \| 3934 Sq. Ft.	$1,042,922
8071 Underwood Rdg Apartment 4, Traverse City, MI 4 Beds \| 3.5 Baths \| 2398 Sq. Ft.	$1,032,079
7944 Truesdale Ln, Traverse City, MI 4 Beds \| 4.5 Baths \| 5394 Sq. Ft.	$2,282,012

Property information provided by MiRealSource-MiMLS when last listed in 2025. This data may not match . Learn more.

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