3 months on rocket

1071 Roy Rd, Petoskey, MI, 49770

$1,079,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
5,394 SqFt
$200/SqFt
House

Location

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1071 Roy Rd, Petoskey$1,079,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Attached
Attached Garage3 spaces
Year Built2011
HeatingPropane, Geothermal
CoolingCentral Air
BasementYes
FireplaceGas Fireplace, Wood Burning Fireplace
MLS #474549
Lot Size9.65 Acres
StatusActive

About 1071 Roy Rd

Perched on a hilltop with dramatic Crooked Lake views over the Joy Valley is this magnificent newer construction custom home that is basically your own private oasis, close to town, yet away from it all... This is the ultimate in privacy and luxury, just east of Petoskey and featuring a multitude of custom finishes that include: a giant main floor primary suite, custom gourmet kitchen with a secret pantry, vaulted ceilings in the great room, 10-foot ceilings in the lower-level walkout, geothermal heating and cooling, a nearly 1200 ft.² of garage, unique kids lofts on the 3rd floor, and not one but two family/kids entertainment areas aside from the warm and inviting main floor living room. The replication cost for a house of this stature would be double the asking price or more and at least a 2-year process. This is a special property spanning 2 separate parcels in an area of high-value homes just waiting for the next owner with discerning tastes and an eye for detail. Call today for a private tour of this unique and stately offering.

Property Details

Property Features

Property Information:

  • Year Built: 2011
  • Living Area: 5,394 SqFt

Listing Office:

  • Office Name: Gaslight Group Properties
  • Listing Agent: Michael "Mac" McCarthy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Cathedral Ceiling(s), Fireplace
  • Fireplace: Gas Fireplace, Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage-Attached

Virtual/3D Tour

  • 3D Tour: 1071 Roy Rd
3D Tour

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 9.65 Acres

Utilities

Utilities Information:

  • Heating: Propane, Geothermal
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Petoskey travel East on Mitchell Street to Mitchell Road or C58. Turn right on Roy Road and the property is the first driveway on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,079,000
  • Price Per SqFt: $200/SqFt
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Housing Market Comparison

See how this home compares to others in Petoskey, MI.

Med. Sold Price

$447.2K

Med. Price/SqFt

$248

Avg. Days On Market

37

# of Sold Homes

25

1071 Roy Rd vs Petoskey

95 DAYS ON ROCKET

+58 Days

$1,079,000

+$631.7K More

$200/SqFt

-$49 Less

KEY TAKEAWAY

This property is $631.7K more than the Median Sold Price and $49/SqFt less than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #474549

Listing Office:

  • Office Name: Gaslight Group Properties
  • Listing Agent: Michael "Mac" McCarthy

IDX The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 2008Home Sold
$43,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $289,200
2020 - $283,400
2019 - $269,000
2018 - $239,400
2017 - $232,000

History based on county public records data.

Payment Calculator

$5,453

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,301

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2160078
6
/10
  • Ottawa Elementary School

  • 871 Kalamazoo Ave

  • 7.29 miles

  • Public Magnet Grades KG-5

school-card-donut-2160079
7
/10
  • Central Elementary School

  • 410 State St

  • 7.91 miles

  • Public Magnet Grades PK-5

school-card-donut-2160080
8
/10
  • Sheridan School

  • 1415 Howard St

  • 7.91 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,511. Typical income of Petoskey, MI residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1071 Roy Rd

What is the listing price of this property?

The listing price of 1071 Roy Rd property is $1,079,000.

What type of property is this?

The property 1071 Roy Rd is a house located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 1071 Roy Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on June 3, 2008 for $43,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1071 Roy Rd has 6 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1071 Roy Rd is 5,394 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1071 Roy Rd is 2011.

Rocket HomesMichiganEmmet CountyPetoskey497701071 Roy Rd

This home is located at 1071 Roy Rd in Petoskey, MI and zip code 49770. This 5,394 square foot home, which was built in 2011, sits on a 9.65 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $1,079,000.

While more than 5 listings in Petoskey, MI in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 15 were sold below. Between September 2024 and October 2024, Petoskey, MI real estate market has seen increase in the number of listings by 5%. Listings spent 37 days on the market in October 2024, and had a median list price of $447,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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