new - 6 days on rocket

816 Grove St, Petoskey, MI, 49770

$965,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,027 SqFt
$319/SqFt
House

Location

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816 Grove St, Petoskey$965,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Attached
Attached Garage1 space
HeatingNatural Gas, Baseboard, Floor Furnace
CoolingCentral Air
BasementYes
FireplaceWood Stove
MLS #475475
StatusActive

About 816 Grove St

Thoughtfully remodeled home and property on an enormous 110' x 145' lot featuring a quant guest house and unique, comfortable spaces for a family, retiree, or a weekend/summer visitor looking to be within walking distance to downtown Petoskey. This stunning home offers the perfect blend of luxury, comfort, and convenience, an ideal sanctuary for those looking to experience seamless indoor/outdoor living in all 4 seasons of the year. Meticulously remolded by the current owners as a retirement home just 8 years ago using a professional team of contractors that left no stone unturned, basically starting over from studs and doing things the right way with longevity, ease of maintenance, and sustainability in mind. This house has a great flow! The interior of the main residence spans 3 different levels with minimal stairs giving its occupants space to congregate together as well as their own private spaces for work or just solitude. Natural light pours through the south-facing rear windows illuminating tasteful living and sleeping areas complete with custom built-ins and a few different sitting/reading nooks. The main home offers a great contemporary wood-burning fireplace to supplement the quiet hot water baseboard heat but don't worry, there are streamlined A/C ducts strategically placed in the ceiling to offset the temperature in the warmer times of year. Outside is a great mix of hardscape, grassy areas, flower beds, a custom gardening shed, and that great 1-bedroom 520-square-foot guest cottage with a full kitchen and living space providing all the charm and utility that a short-term guest or loved one could ask for. This house, on this site, could not be replicated anywhere close to this price and the project would be a 1-to-2-year process if you could find someone to do the work. Contact today for a tour of this magnificent move-in-ready home convenient to all things Northern Michigan, waiting for you to start living your Little Traverse Bay Area dream.

Property Details

Property Features

Property Information:

  • Living Area: 3,027 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Hot Tub, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable, Cathedral Ceiling(s), Hot Tub, Wood Stove
  • Fireplace: Wood Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Hot Tub

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage-Attached

Virtual/3D Tour

  • 3D Tour: 816 Grove St
3D Tour

Lot Features

Lot Information:

  • Lot: Paved

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Floor Furnace
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Downtown Petoskey, travel south on Howard Street, left on Grove four blocks to 816 Gove Street on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $965,000
  • Price Per SqFt: $319/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

816 Grove St vs Petoskey

6 DAYS ON ROCKET

$965,000

+$515K More

$319/SqFt

+$69 More

KEY TAKEAWAY

This property is $515K more than the Median Sold Price and $69/SqFt more than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #475475

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: 12/17/2024, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 11, 2013Home Sold
$156,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $207,100
2020 - $176,500
2019 - $174,600
2018 - $163,500
2017 - $92,400

History based on county public records data.

Payment Calculator

$4,884

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,960

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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-4266494
6
/10
  • Ottawa Elementary School

  • 871 Kalamazoo Ave

  • 0.25 miles

  • Public Magnet Grades KG-5

school-card-donut-4266495
7
/10
  • Central Elementary School

  • 410 State St

  • 0.34 miles

  • Public Magnet Grades KG-5

school-card-donut-4266496
8
/10
  • Sheridan School

  • 1415 Howard St

  • 0.58 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,153. The majority of Petoskey, MI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 816 Grove St

What is the listing price of this property?

The listing price of 816 Grove St property is $965,000.

What type of property is this?

The property 816 Grove St is a house located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 816 Grove St 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 11, 2013 for $156,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 816 Grove St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 816 Grove St is 3,027 SqFt (source: MLS/tax record).

Rocket Homes›Michigan›Emmet County›Petoskey›49770›816 Grove St

This home is located at 816 Grove St in Petoskey, MI and zip code 49770. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $965,000.

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. The number of homes for sale in Petoskey, MI decreased by 9.2% between October 2024 and November 2024.

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

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