Rare Petoskey setup with the flexibility to serve as a full-time residence, Northern Michigan getaway, investment property, or home-and-work base. Set on 2.74 wooded acres with paved road frontage, the home sits back among mature trees and offers a peaceful, private feel along with an attached two-car garage. Inside, the lodge-inspired character comes through in the natural wood trim, comfortable living spaces, and abundant natural light. The living room is warm and inviting, while the updated kitchen features extensive wood cabinetry, glass-front display cabinets, stainless appliances, and a gas range. Multiple rooms offer flexible use, including comfortable sleeping spaces and a separate bedroom or office that works well for guests, remote work, or hobbies. A walkout basement adds even more usable space and convenient access to the outdoors. A substantial detached multi-bay garage and workshop near the road adds exceptional utility. Its separate placement creates practical separation from the residence and makes it well suited for vehicle storage, equipment, projects, a serious hobbyist, or a home-based operation subject to applicable zoning and approvals. Inside, the space is currently configured with multiple garage doors, workbenches, bright overhead lighting, pegboard tool storage, and room for a vehicle lift. The combination of a private wooded setting, flexible interior layout, walkout lower level, attached garage, and large detached workshop is difficult to duplicate this close to Petoskey. The property may also offer short-term rental potential, subject to all applicable zoning, licensing, permits, and buyer verification.
For sale
$539,900
7555 E Mitchell Rd, Petoskey, MI 49770
3beds
3,600sqft
SingleFamily
Built in 2000
2.75 Acres Lot
$530,000 Zestimate®
$150/sqft
$-- HOA
What's special
Pegboard tool storageSeparate bedroom or officePrivate wooded settingPaved road frontageLodge-inspired characterWalkout lower levelAbundant natural light
- 42 days
- 387
- 20
Zillow last checked:
Listing updated:
Listed by:
Christopher Eckerman,
Coldwell Banker Schmidt - Petoskey 231-347-7600
Source: Northern Michigan MLS,MLS#: 480189
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Wood, Radiant Floor
Cooling
- Ceiling Fan(s)
Appliances
- Included: Built-in Microwave, Dishwasher, Refrigerator, Washer, Range
Features
- Basement: Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total interior livable area: 3,600 sqft
Property
Parking
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2.5
Features
- Patio & porch: Deck
- Spa features: Bath
Lot
- Size: 2.75 Acres
- Features: Paved
Details
- Additional structures: Garage(s)
- Parcel number: 142005400007
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood Frame/Site Built
Condition
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Petoskey
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $256,400
- Date on market: 7/17/2026
- Road surface type: Paved
Estimated market value
$530,000
$504,000 - $557,000
$1,952/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $539,900$150/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2021 | -- | $128,200 +1.9% |
| 2020 | -- | $125,800 +4.9% |
| 2019 | -- | $119,900 +9.1% |
| 2018 | -- | $109,900 +2% |
| 2017 | -- | $107,700 +3.1% |
| 2016 | -- | $104,500 +9.3% |
| 2015 | -- | $95,600 +5.8% |
| 2014 | -- | $90,400 +5.6% |
| 2013 | -- | $85,600 -1.8% |
| 2012 | -- | $87,200 -3.3% |
| 2011 | -- | $90,200 -4.4% |
| 2010 | -- | $94,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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.







