Traverse City News and Events

Building Peninsula Shores

Sept. 27, 2023

After almost a decade of planning and preparation, an exclusive enclave of luxury homes is becoming reality on Old Mission Peninsula…and the houses are selling fast.

Peninsula Shores is set on a pristine stretch of East Grand Traverse Bay, and the 41 home sites offer panoramas of the water from every home, according to Kyle O’Grady of O’Grady Development Company. The family business was launched some 30 years ago by veteran builder Kevin O’Grady senior and now includes sons Kyle and Kevin, according to this week's Northern Express, sister publication of The Ticker.

“Things are going well,” says O’Grady, who wears many hats at the company, including both developer and Realtor. “Thirteen homes have been sold. The property is just over 80 acres, with about 65 percent open space. No matter where your home is, you have a beautiful view.”

The history of Peninsula Shores dates back to 2015 and is not without its ups and downs. Originally called 81 on East Bay, it’s located on the former Boursaw family farm about 12 miles from the base of the peninsula. The land was vacant woodland and not being actively farmed at the time the project was announced. A group of Old Mission residents got together to oppose the project, hiring an attorney who specializes in the protection of natural resources to put forth a lawsuit. Litigation continued between multiple parties until the dispute was eventually settled, with the development's name changed to Peninsula Shores. COVID represented another bump in the road, but now the subdivision is taking off, with O’Grady describing the turnaround from when a house hits the market to when it is sold today as “quick.”

Read more about Peninsula Shores in this week's Northern Express, available to read online and on newsstands at nearly 700 spots in 14 counties across northern Michigan.

Comment

County Commissioners Agree to Meet with Twin Lakes Plaintiffs

Read More >>

Housing North Names New Executive Director

Read More >>

Dojo Sushi & Bonobo Winery Target July Opening for New Venture; More Restaurant, Retail News

Read More >>

Sheriff's Office Issues Statement on Guilty Verdict in Cold Case Murder

Read More >>

GT County Trail Millage Proposed

Read More >>

Abra Berens & Erik Hall to Launch Teaching Kitchen in TC

Read More >>

Water 101 with The Watershed Center

Read More >>

'Spotty' Cherry Crop Looms, But Grapes Look Good

Read More >>

Munson Nurses Approve New Contract

Read More >>

Rotary Charities of Traverse City Announces Spring 2026 Grant Awards

Read More >>

Workforce Apartments Proposed Near Filling Station

Read More >>

Proposed 80-Home Garfield Development Runs Into Road, Tree-Clearing Concerns

Read More >>

Half Block Set For Demolition in Kingsley as Mixed-Use Development Plan Moves Ahead

Read More >>

State Approval Sought for Kelley Park Boat Launch

Read More >>