Four lots were combined to create this beautiful 1.8-acre estate size parcel in Bay Harbor, MI. This presents a rare opportunity to build a luxury home in one of Northern Michigan's most prestigious resort communities. Located just steps from the renowned Bay Harbor Yacht Club, Marina, and Beach, this property offers unparalleled access to world-class amenities and recreational opportunities. Whether it's tennis, pickleball, golf, or swimming, all are within a short walk, making this lot ideal for those seeking an active lifestyle. The Bay Harbor Yacht Club, known for its exclusive atmosphere and diverse dining options, is practically at your doorstep, offering everything from formal dining to relaxed beachfront meals. The elevated position of the lot provides spectacular views, offering a perfect canvas for you to bring your architectural vision to life. Whether you dream of a modern masterpiece or a classic retreat, the possibilities are endless. Beyond summer activities, Bay Harbor offers four-season enjoyment, with skiing and other winter sports adding to its year-round appeal. Living in Bay Harbor means more than just owning property; it’s about embracing a lifestyle of luxury, and natural beauty. This lot provides a rare chance to become part of an community where every day feels like a vacation. Don't miss the opportunity to create your dream home in this exceptional location. Buyer's home plans require approval from Bay Harbor Architectural Committee. Seller has building plans that are available upon request. Membership at Bay Harbor Yacht Club is required and a one-time fee of $45,000 is due at closing. Yearly Yacht Club fees are approximately $10,000.
Property Details
Property Features
Listing Office:
Office Name: Kidd & Leavy Real Estate Co. LLC
Listing Agent: Stephanie Jones
Lot Features
Lot Information:
Lot: Level
Lot Size: 1.80 Acres
Other
Directions Information:
Directions: Enter through Bay Harbor Yacht Club gate and make the 1st left. Lot will be on your right just after the turn onto Wildwinds.
Price Information
Listing Price Info
Price Summary:
List Price: $499,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Petoskey, MI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,558
Per Month
Principal & Interest
$2,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,563
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Lincoln School
616 Connable Ave
Distance between this listing and this school3.40 miles
Public Magnet Grades KG-5
8
/10
Sheridan School
1415 Howard St
Distance between this listing and this school3.99 miles
Public Magnet Grades KG-5
7
/10
Central Elementary School
410 State St
Distance between this listing and this school4.11 miles
Public Magnet Grades PK-5
Nearby Schools
7
/10
Petoskey Middle School
801 Northmen Dr
Distance between this listing and this school5.16 miles
Public Magnet Grades 6-8
6
/10
Harbor Springs Middle School
800 S State Rd
Distance between this listing and this school5.82 miles
Public District Grades 6-8
6
/10
Boyne City Middle School
1025 Boyne Ave
Distance between this listing and this school10.56 miles
Public District Grades 5-8
Nearby Schools
8
/10
Petoskey High School
1500 Hill St
Distance between this listing and this school4.99 miles
Public Magnet Grades 9-12
6
/10
Harbor Springs High School
327 E Bluff Dr
Distance between this listing and this school5.63 miles
Public District Grades 9-12
6
/10
Concord Academy-Petoskey
2468 Atkins Rd
Distance between this listing and this school5.82 miles
The neighbors living near this home have an average income of $51,471. Typical income of Petoskey, MI residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Windwinds Dr
What is the listing price of this property?
The listing price of TBD Windwinds Dr property is $499,000.
What type of property is this?
The property TBD Windwinds Dr is land located in Bay Harbor, Michigan, 49770.
Is this property for sale now?
Active Listing: TBD Windwinds Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD Windwinds Dr in Bay Harbor, MI and zip code 49770. This home sits on a 1.80 acre lot. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $499,000.
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 inventory of homes for sale in Petoskey, MI between September 2024 and October 2024 increased by 5%. While the average time on the market in October 2024 was 37 days, the median list price was $447,250.
From Rocket Homes Real Estate and based on county public records data.