6480 Old Us Hwy 31

Petoskey, MI
$ 825,000 Beds 0 Baths 0 Sq 1,992
Monthly Estimate* How much can I afford?

Unique investment opportunity in Resort Township awaits on 28 breathtaking acres conveniently located between Petoskey & Charlevoix across from the idyllic Village of Bay Harbor with 1000 feet of frontage on US Hwy 31. Minutes from multiple world class golf courses, Equestrian Center, yacht club, and the evolving Petoskey Wine region, you will enjoy unlimited recreational opportunities. The Property is currently zoned residential but can also be zoned commercial or Agricultural The current parcel is landscaped with beautiful gardens, whimsical pond, and covered with mature trees. Imagine the endless possibilities including a private oasis to build your forever home, a sprawling alpaca farm, vineyard/winery, bed & breakfast resort, multi-family housing. or any commercial development.

Commercial

  • Price
  • $ 825,000
  • Lot Size
  • 28 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,992
  • Full Bathrooms
  • 0
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Petoskey
  • Taxes
  • 2757
  • County
  • EMMET
  • Style
  • Industrial
  • Area
  • Emmett Twp
  • MLS#
  • 20025116
  • Zip
  • 49770
Listing Provided by: Lora Higdon at Christie's International Real Estate - Traverse City - (231) 930-5100

Features

General

Business Includes Real Estate
Heating Hot Water
Homestead % 0.00
Municipality Emmett Twp
New Construction No
Road Frontage 1000.00
Roof Other
School District Petoskey
Sewer Septic System
Sub-area Z10 - Out of Area
Uses Other
Water Well

Interior Features

Heat Source Propane

Exterior Features

Construction Type Frame/Wood
Exterior Other
Total # Bldgs 3.00
Water Access Y/N No
Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Edwardsburg, MI office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/1/2020 Listed $825,000

Property vs Zip Code Average in 49770

Price
AVG $430K
$830K
Taxes
AVG $2,757
$2,757
Visits
AVG 2
3
Year Built
AVG 1967
1920

Map

6480 Old Us Hwy 31 Petoskey, MI is a Single Family Home for sale at $825000 with 1992 sqft and a lot size of 28 Acres Acre(s). 6480 Old Us Hwy 31 Petoskey has 0 bedrooms, 0 baths and was built in 1920. The property's zip code is 49770 which is in Petoskey, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.