1007 Spring St, Petoskey, MI 49770
Property image
Property image
OFF MARKET

1007 Spring St
Petoskey, MI 49770

  • Studio
  • 6,000 sqft (on 1.48 acres)

$593,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,547/mo*

$593,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,547/mo*
Studio
6,000 sqft
(on 1.48 acres)

Home Value

Trulia Estimate
$593K
Since last month
Decreased$14K (-2.4%)
Since last year
Increased$10K (+1.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +65% in the last 10 years
MonthEstimated value
2026
August 2026$574K
July 2026$588K
June 2026$569K
May 2026$568K
April 2026$546K
March 2026$590K
February 2026$638K
January 2026$553K
2025
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Single-Family Home
$333,800
11/10/25
3
1.5
1,751
0.71
Single-Family Home
$320,000
01/22/26
3
2
1,500
0.46
Single-Family Home
$450,000
06/01/26
3
3
2,300
0.59
Single-Family Home
$87,388
12/02/25
3
1
1,008
0.78
Single-Family Home
$464,000
04/29/26
4
2
2,250
0.57
Single-Family Home
$310,000
01/06/26
3
1
1,130
0.65
Single-Family Home
$225,000
03/27/26
2
2.5
600
0.76
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
1.37
Single-Family Home
$2,750,000
11/10/25
7
6
9,000
0.21
Single-Family Home
$345,000
09/03/25
2
2
1,100

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.09
$249,000
1
1
553
For Sale
0.14
$434,900
2
2
1,195
For Sale
0.19
$761,700
3
3
2,350
Off Market
0.19
$630,000
2
2
1,600
For Sale
0.19
$575,000
3
3
2,397
Recently Sold
0.19
$349,000
2
2
1,349
For Sale
0.22
$935,000
4
3.5
2,980
For Sale
0.26
$389,000
-
-
-
For Sale
0.27
$699,900
-
-
-
For Sale
0.34
$336,900
2
2
1,400
Off Market
0.35
$297,500
2
2
1,269
For Sale
0.39
$359,900
2
2.5
1,853
For Sale

Local Information

  • Map ViewExplore the area around 1007 Spring St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2005
Lot Size
1.48 acres
Living Area
6,000 sqft
Price/Sqft
$99

About this House

Successful operating restaurant. Sale includes all real estate, furniture, fixtures, liquor license, and good will. Owner retiring
1007 Spring St, Petoskey, MI 49770 is a studio, 6,000 sqft single-family home built in 2005. It is currently off market. The Trulia Estimate is $593,400, with a rent estimate of $1,460/month.

Home Details for 1007 Spring St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 1.48 acres

Price and Tax history

DateEventPrice
Jun 13, 2023
Source: Real Estate One
ListingRemoved
Apr 7, 2023
Source: Real Estate One #463516
PriceChange
$1,900,000
Price increased by 19%
Apr 2, 2022
Source: Real Estate One #463516
PriceChange
$1,600,000
Price increased by 14%
Oct 16, 2020
Source: Agent Provided
Listed For Sale
$1,400,000
Jan 1, 2020
Source: Agent Provided
ListingRemoved
$1,600,000

Market trends in Petoskey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$6.67K
MoM
Sale-to-List Price
Price per sq ft
Available listings
190
19
MoM

What Locals Say about Petoskey

At least 90 Trulia users voted on each feature.
  • 89 % Say it's dog friendly

  • 80 % Say car is needed

  • 79 % Say people would walk alone at night

  • 78 % Say there's wildlife

  • 75 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 74 % Say yards are well-kept

  • 72 % Say kids play outside

  • 72 % Say streets are well-lit

  • 69 % Say it's quiet

  • 66 % Say they plan to stay for at least 5 years

  • 63 % Say it's walkable to restaurants

  • 61 % Say there are sidewalks

  • 58 % Say neighbors are friendly

  • 53 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Deborah
    "Great schools and community support. Safe and walkable. A bit like Mayberry. Neighbors are friendly and helpful. It’s a small town feel with lots af amenities and beautiful nature "
  • Kalajhutchinsoncounseling
    "Kind and friendly. Helpful and connected with resources in the area. Clean and beautiful. Great community clean up and services. Lots of restaurants and stores to fill your needs. "
  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
  • Lacy M.
    "The schools are great. Rent prices and property taxes are very high. Good paying jobs are available, but minimal. Overall, a great town. It's expensive to live here."
  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
  • Reiner B. N.
    " Gated community surrounding a golf course and yacht club. Community is on Lake Michigan (little traverse bay) and has many good restaurants "
  • Famtastic l.
    "This home is located accross from state land and surrounded by CCC trails. If you love dirt bike riding, snow mobiling, horse back riding, etc this is the perfect spot. Located just 10 minutes from Petoskey which is set on Lake Michigan. There are many activies to keep you busy in this small town and surrounding area. "
  • Bizbox43
    "Estimated prices shown are on the low side. Fabulous area for a summer home but great opportunities for winter sports as well. World class yacht club. Excellent 27 holes of golf. Two protected harbors. Highest usage of electric cars in the country (GEM cars)."

LGBTQ Local Legal Protections

Frequently asked questions about 1007 Spring St

  • What is 1007 Spring St estimated to be worth?
    Trulia's estimated value for 1007 Spring St in Petoskey, MI is $593,400.
  • Is Petoskey a buyer's or seller's market?
    Petoskey is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Petoskey?
    The median sale price in Petoskey is $453K. That is down $6.67K from the prior month.
  • What do residents say about Petoskey?
    Residents describe Petoskey, MI as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Petoskey, MI.
  • How big is the lot at 1007 Spring St?
    The lot at 1007 Spring St in Petoskey, MI is about 1.5 acres.

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