3 months on rocket

Development Chapel Hill Drive, Petoskey, MI, 49770

$699,000

30.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewTrees/Woods
MLS #475072
Lot Size30.00 Acres
StatusActive

About Development Chapel Hill Drive

Poised for Future Development! Chapel Hill Condo Association is For Sale. Price includes all available lots, which are also listed individually. Sale price will adjust for any lots which sell prior to the Association sale. Contractor discounts available on purchase of 3 or more lots as well. Chapel Hill is an executive HOA with beautiful open or wooded acreage building sites situated along paved winding roads which climb through the meadows, hills and valleys of this lovely countryside association. All lots are at least 1 acre, creating perfect building sites. Surveys with building envelopes, all legal ownership documents and association board membership included with sale. Developers and builders can save on all the infrastructure costs, as everything is already in place! Underground electric, True Stream Fiber and Natural gas available. Consider the future of this elegant and peaceful location for your home building business venture.

Property Details

Property Features

Listing Office:

  • Office Name: Sue Louiselle, Broker
  • Listing Agent: Sue Louiselle

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Electric Fence, Trees, Paved, Rolling/Hilly, Level, Open Lot
  • Lot Size: 30.00 Acres

Other

Directions Information:

  • Directions: River Rd to Chapel Hill Association

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
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Housing Market Comparison

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

Med. Sold Price

$450K

Med. Price/SqFt

$253

# of Sold Homes

10

Development Chapel Hill Drive vs Petoskey

95 DAYS ON ROCKET

$699,000

+$249K More

KEY TAKEAWAY

This property is $249K more than the Median Sold Price in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #475072

Listing Office:

  • Office Name: Sue Louiselle, Broker
  • Listing Agent: Sue Louiselle

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. © 2025 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: 1/6/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-725581
8
/10
  • Sheridan School

  • 1415 Howard St

  • 3.80 miles

  • Public Magnet Grades KG-5

school-card-donut-725582
6
/10
  • Ottawa Elementary School

  • 871 Kalamazoo Ave

  • 3.93 miles

  • Public Magnet Grades KG-5

school-card-donut-725583
7
/10
  • Central Elementary School

  • 410 State St

  • 4.29 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. The majority of Petoskey, MI residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Development Chapel Hill Drive

What is the listing price of this property?

The listing price of Development Chapel Hill Drive property is $699,000.

What type of property is this?

The property Development Chapel Hill Drive is land located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: Development Chapel Hill Drive is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property Development Chapel Hill Drive is 30.00 acres.
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Rocket Homes›Michigan›Emmet County›Petoskey›49770›Development Chapel Hill Drive

This home is located at Development Chapel Hill Drive in Petoskey, MI and zip code 49770. This home sits on a 30.00 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $699,000.

While more than 1 listings in Petoskey, MI in December 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. The inventory of homes for sale in Petoskey, MI between November 2024 and December 2024 decreased by 5.9%.

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

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