NORTHERN MICHIGAN COUNTRY ESTATE ON NEARLY 25 ACRES. Pictures don't do it justice - this exceptional Petoskey / Walloon Lake neighborhood property must be experienced in person. Conveniently located near Petoskey, Bay Harbor, Charlevoix, and Boyne City, nearly 25 wooded acres with views of Walloon Lake surround a 1991 custom-built 4B,3B, with attached garage, landscaped grounds and stunning sun-filled rooms. Explore beautiful hiking trails throughout the property, wander and relax in your own beautiful meadow, and then stroll to your heated greenhouse, irrigated gardens and personal fruit orchard. Two ponds and a spring-fed stream wind through the land, with four heated hunting blinds for seasonal hunting. Creative pursuits are well served with a charming hobby cottage and a woodworking studio with its own drying shed. A second cottage built in 2024 features 2B, 2B, and 2 car garage offers ideal space for guests, family or rental income. Access to Walloon Lake is just down the road. A rare blend of privacy, recreation and truly Up North living on land that has been lovingly cared for. This property will forever change you for the better...if you're ready, call for your private tour today.
For sale
$2,725,000
3135 Depew Rd, Petoskey, MI 49770
4beds
3,981sqft
SingleFamily
Built in 1991
23.44 Acres Lot
$2,752,000 Zestimate®
$685/sqft
$-- HOA
What's special
Heated greenhouseLandscaped groundsPersonal fruit orchardFour heated hunting blindsCharming hobby cottageIrrigated gardensAttached garage
- 9 days
- 908
- 43
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Carole Griffin,
@properties Christie's International Real Estate - Petoskey 231-881-9400
Source: Northern Michigan MLS,MLS#: 481135
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Area: 533.89
- Dimensions: 25.83 x 20.67
Bedroom
- Area: 188.61
- Dimensions: 11.67 x 16.17
Bedroom 1
- Area: 141.94
- Dimensions: 11.67 x 12.17
Bedroom 2
- Area: 140
- Dimensions: 11.67 x 12
Dining room
- Area: 108
- Dimensions: 12 x 9
Family room
- Area: 614.65
- Dimensions: 22.08 x 27.83
Kitchen
- Area: 278.76
- Dimensions: 11.42 x 24.42
Living room
- Area: 399.83
- Dimensions: 20.42 x 19.58
Heating
- Natural Gas, LP Gas, Hot Water Baseboard
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range
Features
- Cathedral Ceiling(s)
- Flooring: Wood
- Basement: Full,Finished
- Has fireplace: Yes
- Fireplace features: Gas, Wood Burning
Interior area
- Total interior livable area: 3,981 sqft
Property
Parking
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2.5
Features
- Patio & porch: Deck, Patio
- Spa features: Bath
- Waterfront features: Stream/Creek
Lot
- Size: 23.44 Acres
- Dimensions: 1075 x 950
- Features: Paved, Sprinkler System
Details
- Additional structures: Shed(s), Other
- Parcel number: 131835400001
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood Frame/Site Built
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Petoskey
Financial & listing details
- Price per square foot: $685/sqft
- Tax assessed value: $359,200
- Annual tax amount: $4,936
- Date on market: 10/28/2026
- Road surface type: Paved
Estimated market value
$2,752,000
$2.61M - $2.89M
$4,236/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Listed for sale | $2,725,000+12.3%$685/sqft |
Source:  Northern Michigan MLS #481135 Report a problem | ||
| 10/19/2026 | Listing removed | $2,427,000$610/sqft |
Source: Northern Michigan MLS #479947 Report a problem | ||
| 9/30/2026 | Price change | $2,427,000-5%$610/sqft |
Source: Northern Michigan MLS #479947 Report a problem | ||
| 6/29/2026 | Listed for sale | $2,555,000+318.9%$642/sqft |
Source: Northern Michigan MLS #479947 Report a problem | ||
| 7/22/2016 | Sold | $610,000-6.1%$153/sqft |
Source: Agent Provided Report a problem | ||
| 6/16/2016 | Listed for sale | $649,900$163/sqft |
Source: Gaslight Group Properties #447493 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,036 +2% | -- |
| 2025 | $4,936 | $359,200 +44.7% |
| 2021 | -- | $248,300 +13% |
| 2020 | -- | $219,700 +2.1% |
| 2019 | -- | $215,100 +21.8% |
| 2018 | -- | $176,600 +0.4% |
| 2017 | -- | $175,900 +6.3% |
| 2016 | -- | $165,500 +13% |
| 2015 | -- | $146,400 +18.9% |
| 2014 | -- | $123,100 +2.3% |
| 2013 | -- | $120,300 -7.5% |
| 2012 | -- | $130,100 -0.1% |
| 2011 | -- | $130,200 -9% |
| 2010 | -- | $143,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49770
Nearby schools
Schools provided by the listing agent
- District: Petoskey
Source: Northern Michigan MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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