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$7,370,000

Beds
3
Baths
3.5
sq ft
3,641

10 Peninsula Dr, New Buffalo, MI 49117

10 Peninsula Dr

New Buffalo, MI 49117

  • 39 days on market
The Show Stopper: Now available, this unique contemporary mansion located at the penultimate location. Your private and exclusive peninsula at the intersection of Lake Michigan, the Michigan Yacht Club, New Buffalo Harbor, and the Galien River. Dock your yacht and wave runners right next to your party pad. This home spans four levels, with panoramic and breathtaking views. A glass elevator adds style and convenience. The third floor, featuring a state-of-the-art kitchen and spacious living area, is perfect for year-round entertaining. The infinity deck is a host's dream, the ideal backdrop for any event. Stroll to fine dining and end your evening on the rooftop deck, enjoying a fire and unparalleled views of Lake Michigan sunsets.

Details

Property type

Single Family Residence

Est. home value

$4,043,911

Lot size

1,307 sq ft

Price per sq ft

$2,025

Year built

2016

Annual property taxes

$34,417

Price History

10/04/2024
Realcomp

Realcomp #69024052335

Listed
$7,370,000
+145.67%
09/24/2018
Realcomp

Realcomp #69018054362

Sold
$3,000,000
+421.74%
09/06/2013
Realcomp

Realcomp #69013044388

Sold
$575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

New Buffalo

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,159,678
Asking price
$7,370,000
Closing costs (~8% of asking)
-$589,600
Est. remaining loan balance
-$1,620,722
Cash to seller
$5,159,678

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

January 2019

Original loan amount

$1,800,000

Est. remaining balance

$1,620,722

Interest rate

4.75%

Loan type

New Conventional, 30 year

Seller

Monique Staples

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/12/2024 at 5:35 PM

Listing updated: 10/04/2024 at 11:11 AM

Listed by: Brooke Nyman, @properties Phone #: (269) 469-0700

MLS: Realcomp #69024052335

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