So many possibilities exist in this special home, tucked away in a wooded cul-de-sac on 2.3 acres adjoining the Pelizzari Natural Area near the base of the beautiful Old Mission Peninsula. Currently used as an assisted living facility, this home could be easily utilized as a single-family residence or bed-and-breakfast, complete with a total of 10 bedrooms, 6 baths and 4723 finished square feet, including an apartment and upper studio. The main house features open and airy common spaces, including an island kitchen with a breakfast nook and huge dining room, a fireplace in the living room, and a main-floor laundry. A screened 3-seasons room overlooks the large rear deck. There are 3 bedrooms on the main level and 4 bedrooms in the upper level. In addition there is a 2BR/1BA apartment and a studio with 1BA above the apartment. There is a 2-car detached garage and plenty of parking spaces for family and guests. The location couldn't be better - a beautifully wooded parcel just minutes to downtown Traverse City, and both East and West Bay.