3988 Peninsula Point Rd, Munising, MI 49862
Property image
Property image
OFF MARKET

$485,100

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,500 sqft (on 1.62 acres)

3988 Peninsula Point Rd, Munising, MI 49862

Est. Refi. Payment $2,942/mo*
Refinance Your Home
Currently Off Market - Sold Sep 30, 2019 for $380,000

Home Value

Trulia Estimate
$485K
Since last month
Increased$7K (+1.5%)
Since last year
Increased$26K (+5.5%)
Since last sale
Increased$105K (+27.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +151% in the last 10 years
MonthEstimated value
2026
August 2026$485K
July 2026$478K
June 2026$483K
May 2026$475K
April 2026$467K
March 2026$456K
February 2026$451K
January 2026$448K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4.76
Single-Family Home
$383,012
06/15/26
2
2
1,361
8.05
Single-Family Home
$360,000
07/20/26
4
2
1,014

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$393,000
2
1
904
For Sale
0.23
$525,000
3
2
1,588
For Sale
0.48
$489,000
2
2
1,292
For Sale
0.49
$1,495,000
4
3
3,423
For Sale
0.47
$23,000
-
-
-
Recently Sold
0.63
$40,000
-
-
-
For Sale
0.63
$40,000
-
-
-
For Sale
0.63
$40,000
-
-
-
For Sale
1.23
$650,000
-
-
-
For Sale
1.35
$395,000
2
1
1,303
For Sale
1.41
$114,400
4
2
1,590
For Sale
1.55
$674,000
4
3
3,800
For Sale

Local Information

  • Map ViewExplore the area around 3988 Peninsula Point Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1942
Lot Size
1.62 acres
Living Area
1,500 sqft
Price/Sqft
$323

About this House

Move right in--all the work has been done for you!! Enjoy the peace and serenity of your very private 1.62 acre parcel on beautiful 440 acre Sixteen Mile Lake with over 351 feet of frontage. This home is only 15 minutes from Munising, home to Pictured Rocks National Lakeshore. Close enough to services you need and want, but far enough from the hustle & bustle of town to give you the relaxation and enjoyment you have been seeking. The Lake features four islands, several shallow bays and a channel to explore in canoes, kayaks or your pontoon boat, while watching eagles soar overhead. Jet or water ski on the main part of the lake. Winter activities include snowmobiling, cross country skiing or snowshoeing right out your front door or at nearby beautiful Valley Spur mountain bike and cross country ski recreational area. The trail system for snowmobiling and 4-wheeling is virtually unlimited, with no need to trailer your vehicle. Summer sports include fishing (dozens of nearby lakes), boating, kayaking, canoeing, 4-wheeling, hiking, swimming and many others. The recreational opportunities are endless. This property features a Main Cabin, that was originally built in the 1940's, and was added onto in the late 1980's and early 1990's (sunken living room and sunroom), and a new master bedroom and main bathroom in 2015. The entire building has been redone inside and out with knotty pine. The electrical, plumbing and virtually all other areas have been completely redone (ask your realtor for a listing of improvements). Breathtaking sunrise views can be enjoyed from the master bedroom, kitchen, living room or sunroom as you sip on your morning coffee. Sunsets can be seen from the guest cabin or upper yard from the other side of the lake. The guest cabin can allow your friends or relatives to enjoy complete peace and privacy with a separate structure including a large bedroom and full bathroom. With proper approval, this could also become a great potential rental income source. There is a large pole building with concrete floor and completely wired to store all your toys. A detached two-stall garage could become a great workshop for you to stay busy with building projects. There is also a storage shed by the guest cabin and a small shed by the shore to keep all your boating and fishing goodies. This property is truly a hidden treasure in the heart of the Hiawatha National Forest, with an abundance of water falls, hiking/biking trails and many fishing and boating lakes & rivers. This could be the ideal place for you to retire or use as that seasonal get-away to begin the good life--come and see it soon! Make sure to view the VIRTUAL TOURS of both the main and guest cabins! Seller is a Michigan licensed real estate agent.
3988 Peninsula Point Rd, Munising, MI 49862 is a 2 bedroom, 2 bathroom, 1,500 sqft single-family home built in 1942. It last sold for $380,000 on Sep 30, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $485,100, with a rent estimate of $1,582/month.

Home Details for 3988 Peninsula Point Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet
Appliances & Utilities
Dishwasher

Property Information

Year Built
Year Built: 1942
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
Parking Spaces: 2

Lot Information

Lot Area: 1.62 acres

Price and Tax history

DateEventPrice
Sep 30, 2019
Source: RE/MAX of Michigan Solds #1115389_49862
Sold
$380,000
Jul 22, 2019
Source: Agent Provided
Pending
$385,000
Jun 17, 2019
Source: Agent Provided
Listed For Sale
$385,000

Market trends in Munising

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
42
7
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Munising

At least 2 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 89 % Say it's walkable to restaurants

  • 86 % Say people would walk alone at night

  • 86 % Say kids play outside

  • 70 % Say there are sidewalks

  • 67 % Say there's holiday spirit

  • 63 % Say car is needed

  • 63 % Say it's quiet

  • 60 % Say it's walkable to grocery stores

  • 60 % Say parking is easy

  • 57 % Say it's dog friendly

  • 50 % Say there's wildlife

  • 50 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It's a tourist town. Not all jobs are available all year round. some close in between winter and fall, and winter and spring. There isn't a lot of housing here either, because the people that own homes, get permits to rent their rentals to the tourists, for a day or week at a time, for more money for the rental."
  • Shaunelmhamilton
    "We have the Pictured Rocks National Lakeshore, and several waterfalls, and some lighthouses. We also have boat rides including the Pictured Rocks Boat Cruise, the Glassbottom Shipwreck Cruise, the Riptide Boat Cruise and a newer Pirate Cruise. Also have golf, miniature golf, bowling and Kewadin Casino in Christmas, MI."
  • Corey C.
    "Brownsaddition is a great neighborhood! House is close to Munising Bay marina, Hero's Baseball Field, Hillside Grocery, Muldoon's Pasty, Glass Bottom Boat Tours, and pontoon/kayak rentals. "

LGBTQ Local Legal Protections

Frequently asked questions about 3988 Peninsula Point Rd

  • What is 3988 Peninsula Point Rd estimated to be worth?
    Trulia's estimated value for 3988 Peninsula Point Rd in Munising, MI is $485,100.
  • What is the price history for 3988 Peninsula Point Rd?
    3988 Peninsula Point Rd in Munising, MI last sold for $380,000 in September 2019.
  • Is Munising a buyer's or seller's market?
    Munising is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 3988 Peninsula Point Rd?
    The closest schools to 3988 Peninsula Point Rd in Munising, MI are Munising High And Middle School (rated 5/10), William G. Mather Elementary School (Pre-K, rated 6/10).
  • Does 3988 Peninsula Point Rd have air conditioning?
    Yes, 3988 Peninsula Point Rd in Munising, MI has air conditioning.
  • How big is the lot at 3988 Peninsula Point Rd?
    The lot at 3988 Peninsula Point Rd in Munising, MI is about 1.6 acres.

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