6 months on rocket

1675 Intertown Rd, Petoskey, MI, 49770

$985,000

12.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewTrees/Woods
MLS #473875
Lot Size12.00 Acres
StatusActive

About 1675 Intertown Rd

Exceptional development opportunity in the heart of Emmet County! This property is a developer's paradise, offering immense potential for residential development. Currently zoned for up to 144 units with convenient access to sewer and water hookups, this land represents a lucrative investment opportunity. The combination of its development potential and the rising demand for housing in Emmet County ensures promising returns. The expansive acreage is ideal for transforming into a sought-after affordable housing community, complete with scenic views and abundant green space. Alternatively, the land can be subdivided into spacious lots, giving future homeowners plenty of room to build their dream homes. Emmet County's favorable climate and rich soil make this property an excellent candidate for a winery. Imagine creating a destination vineyard where guests can enjoy locally produced wines while taking in the breathtaking views of the rolling hills. You have the option to purchase 12 acres for $985,000, or acquire the entire 13.44-acre property, including a charming home, for $1,200,000. Don't miss this rare chance to own a piece of Emmet County's stunning landscape. Whether you are a developer, an entrepreneur, or someone looking to create their dream home, this property offers limitless possibilities and exceptional potential. Contact us today to schedule a private tour and discover the opportunities that await at this extraordinary property.

Property Details

Property Features

Listing Office:

  • Office Name: @properties Christie's International Real Estate - Petoskey
  • Listing Agent: Tyler Wellman

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Electric Fence, Trees, Paved, Gentle Sloping, Rolling/Hilly, Open Lot, Pole Barn
  • Lot Size: 12.00 Acres

Other

Directions Information:

  • Directions: US 131 to Intertown Rd west, property on your left. Corner of Cemetery Rd and Intertown Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $985,000
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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

1675 Intertown Rd vs Petoskey

182 DAYS ON ROCKET

+145 Days

$985,000

+$537.7K More

KEY TAKEAWAY

This property is $537.7K more than the Median Sold Price in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #473875

Listing Office:

  • Office Name: @properties Christie's International Real Estate - Petoskey
  • Listing Agent: Tyler Wellman

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: 11/22/2024, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $51,900
2020 - $51,300
2019 - $51,200
2018 - $44,500
2017 - $43,700

History based on county public records data.

Payment Calculator

$4,984

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,020

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NMLS#3030

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-696307
8
/10
  • Sheridan School

  • 1415 Howard St

  • 1.87 miles

  • Public Magnet Grades KG-5

school-card-donut-696308
9
/10
  • Lincoln School

  • 616 Connable Ave

  • 2.14 miles

  • Public Magnet Grades KG-5

school-card-donut-696309
7
/10
  • Central Elementary School

  • 410 State St

  • 2.35 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,897. Typical income of Petoskey, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1675 Intertown Rd

What is the listing price of this property?

The listing price of 1675 Intertown Rd property is $985,000.

What type of property is this?

The property 1675 Intertown Rd is land located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 1675 Intertown Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1675 Intertown Rd is 12.00 acres.
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Rocket HomesMichiganEmmet CountyPetoskey497701675 Intertown Rd

This home is located at 1675 Intertown Rd in Petoskey, MI and zip code 49770. This home sits on a 12.00 acre lot. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $985,000.

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. The number of listings in Petoskey, MI increased by 5% between September 2024 and October 2024. 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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