7 months on rocket

04205 Main St Unit 51, Bay Harbor, MI, 49770

$424,900

Home List Price

$5,046*

Closing Credit

1 Bedroom
2 Full Baths
1,097 SqFt
$387/SqFt
Condo

Location

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04205 Main St Unit 51, Petoskey$424,900

Buyer Closing Credits

$5,046*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
HeatingHeat Pump
CoolingCentral Air
FireplaceGas Fireplace
MLS #473577
StatusActive

About 04205 Main St Unit 51

Step inside this exquisite third-floor Lodge Suite in Bay Harbor, boasting stunning views of Lake Michigan and Bay Harbor. Designed to accommodate up to eight guests comfortably, the suite features two full bathrooms, a bedroom with two queen beds, and a Murphy bed in the living room. Enjoy a spacious balcony, a fully equipped kitchen, and fully furnished interiors. This property offers a lucrative investment opportunity through a professional rental management program, making it an ideal asset. Conveniently located near downtown Petoskey and Charlevoix, it's a turnkey solution for enjoying and investing in the Northern Michigan lifestyle.

Property Details

Property Features

Property Information:

  • Living Area: 1,097 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt - Petoskey
  • Listing Agent: Christopher Eckerman

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Dryer, Disposal, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Wood
  • Interior: Cable, Fireplace, Elevator
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Deck, Elevator

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Paved

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Two miles southwest of Petoskey to BayHarbor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,900
  • Price Per SqFt: $387/SqFt
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Housing Market Comparison

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

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Petoskey, MI

City

Med. Sold Price

$447.2K

Med. Price/SqFt

$248

Avg. Days On Market

37

# of Sold Homes

25

04205 Main St Unit 51 vs Petoskey

211 DAYS ON ROCKET

+174 Days

$424,900

-$22.3K Less

$387/SqFt

+$138 More

KEY TAKEAWAY

This property is $22.3K less than the Median Sold Price and $138/SqFt more than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #473577

Listing Office:

  • Office Name: Coldwell Banker Schmidt - Petoskey
  • Listing Agent: Christopher Eckerman

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, 8:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,188

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,340

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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-718798
9
/10

  • Lincoln School

  • 616 Connable Ave

  • 2.45 miles

  • Public Magnet Grades KG-5

school-card-donut-718799
8
/10

  • Sheridan School

  • 1415 Howard St

  • 3.17 miles

  • Public Magnet Grades KG-5

school-card-donut-718800
7
/10

  • Central Elementary School

  • 410 State St

  • 3.18 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,471. Most Petoskey, MI residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 04205 Main St Unit 51

What is the listing price of this property?

The listing price of 04205 Main St Unit 51 property is $424,900.

What type of property is this?

The property 04205 Main St Unit 51 is a condo located in Bay Harbor, Michigan, 49770.

Is this property for sale now?

Active Listing: 04205 Main St Unit 51 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 04205 Main St Unit 51 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 04205 Main St Unit 51 is 1,097 SqFt (source: MLS/tax record).

Rocket Homes›Michigan›Emmet County›Petoskey›49770›04205 Main St Unit 51

This home is located at 04205 Main St Unit 51 in Bay Harbor, MI and zip code 49770. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $424,900.

Petoskey, MI housing market in October 2024 saw over 5 listings sold above listed price, more than 4 sold at listed price and over 15 sold below. The inventory of homes for sale in Petoskey, MI between September 2024 and October 2024 increased by 5%. The median list price of listings available in October 2024 was $447,250, while the average time on the real estate market was 37 days.

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

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