new - 3 days on rocket

2996 Townsend Rd, Petoskey, MI, 49770

$5,990,000

4 Bedrooms
5 Full Baths
6,409 SqFt
$935/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Attached
Attached Garage3 spaces
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontDock
FireplaceGas Fireplace, Wood Burning Fireplace
MLS #475508
Lot Size1.04 Acres
StatusActive

About 2996 Townsend Rd

Located in Walloon’s west arm, on just over an acre of land with 171 feet of coveted Walloon Lake frontage, this handsome lakefront property embodies the perfect blend of luxury and tranquility. With 4-bedrooms and 5-bathrooms the home offers over 6,400 square feet of living space making this the perfect up north getaway. Crafted for effortless living and entertaining, the home boasts two fireplaces, central air conditioning, and premium floor to ceiling windows that bathe the interiors in natural light. The spacious kitchen and open-concept living areas flow seamlessly to outdoor spaces with breathtaking panoramic water views, creating the perfect atmosphere for gatherings or quiet retreats. The 3+ car garage provides ample storage for vehicles and lake toys, while the property’s thoughtful design, and high-quality finishes—ensures year-round comfort and durability. This stunning Walloon Lake retreat offers a rare opportunity to experience the pinnacle of lakefront living on a secluded site, where timeless craftsmanship meets modern convenience. All offered just minutes away from the charming up north towns of Petoskey, Bay Harbor, Walloon Village, Harbor Springs, Charlevoix and Boyne City.

Property Details

Property Features

Property Information:

  • Living Area: 6,409 SqFt

Listing Office:

  • Office Name: Kidd & Leavy Real Estate Co. LLC
  • Listing Agent: Wally Kidd

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable, Fireplace
  • Fireplace: Gas Fireplace, Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Dock
  • Exterior: Boat Dock

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Dock, Paved
  • Lot Size: 1.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take US 31 west towards Charlevoix, turn left onto Townsend Road, at end of the road turn right home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,990,000
  • Price Per SqFt: $935/SqFt
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Housing Market Comparison

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

Med. Sold Price

$450K

Med. Price/SqFt

$250

# of Sold Homes

17

2996 Townsend Rd vs Petoskey

3 DAYS ON ROCKET

$5,990,000

+$5.5M More

$935/SqFt

+$685 More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price and $685/SqFt more than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #475508

Listing Office:

  • Office Name: Kidd & Leavy Real Estate Co. LLC
  • Listing Agent: Wally Kidd

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: 12/21/2024, 8:20:50 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 - $1,380,600
2020 - $1,312,500
2019 - $1,204,900
2018 - $1,222,000
2017 - $1,152,500

History based on county public records data.

Payment Calculator

$29.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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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-783311
9
/10
  • Lincoln School

  • 616 Connable Ave

  • 4.30 miles

  • Public Magnet Grades KG-5

school-card-donut-783312
8
/10
  • Sheridan School

  • 1415 Howard St

  • 4.67 miles

  • Public Magnet Grades KG-5

school-card-donut-783313
7
/10
  • Central Elementary School

  • 410 State St

  • 4.93 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,030. Most Petoskey, MI residents have annual incomes between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2996 Townsend Rd

What is the listing price of this property?

The listing price of 2996 Townsend Rd property is $5,990,000.

What type of property is this?

The property 2996 Townsend Rd is a house located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 2996 Townsend Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2996 Townsend Rd has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 2996 Townsend Rd is 6,409 SqFt (source: MLS/tax record).
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Rocket HomesMichiganEmmet CountyPetoskey497702996 Townsend Rd

This home is located at 2996 Townsend Rd in Petoskey, MI and zip code 49770. This 6,409 square foot home sits on a 1.04 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $5,990,000.

Petoskey, MI housing market in November 2024 saw over 5 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. Between October 2024 and November 2024, Petoskey, MI real estate market has seen decrease in the number of listings by 9.2%.

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

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