1541 E Mitchell Rd, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$486,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,127 sqft

1541 E Mitchell Rd, Petoskey, MI 49770

Est. Refi. Payment $3,105/mo*
Refinance Your Home
Currently Off Market - Sold Oct 11, 2018 for $285,000

Home Value

Trulia Estimate
$486K
Since last month
Decreased$700 (-0.1%)
Since last year
Increased$3K (+0.7%)
Since last sale
Increased$201K (+70.6%)
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 +121% in the last 10 years
MonthEstimated value
2026
September 2026$486K
August 2026$487K
July 2026$479K
June 2026$494K
May 2026$479K
April 2026$484K
March 2026$468K
February 2026$471K
January 2026$455K
2025
2024
2023
2022
2021
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
1124 E Mitchell St, Petoskey, MI
0.21
Single-Family Home
$480,000
06/25/26
4
2
1,500
1 Rosedale Ave, Petoskey, MI
0.68
Single-Family Home
$245,000
03/06/26
3
2
1,750
617 Harvey St, Petoskey, MI
0.58
Single-Family Home
$512,000
05/27/26
3
1.5
1,446
627 Michigan St, Petoskey, MI
0.58
Single-Family Home
$420,000
09/04/26
4
2
1,537
719 State St, Petoskey, MI
0.53
Single-Family Home
$785,000
01/14/26
3
2
2,900
701 Jennings Ave, Petoskey, MI
0.77
Single-Family Home
$519,900
06/15/26
3
2
1,540
2268 Cedardale Ct, Petoskey, MI
0.87
Single-Family Home
$430,000
05/12/26
3
2
1,762
312 Williams St, Petoskey, MI
0.62
Single-Family Home
$429,000
09/15/26
4
3.5
2,400
524 Cherry St, Petoskey, MI
0.81
Single-Family Home
$394,000
10/03/25
4
2
1,622
712 Lookout St, Petoskey, MI
0.65
Single-Family Home
$892,625
09/29/25
2
2
1,966

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
311 Foxwood Ln, Petoskey, MI 49770
0.05
$579,000
3
2.5
2,372
For Sale
1720 E Mitchell Rd, Petoskey, MI 49770
0.20
$694,500
4
2.5
3,741
Off Market
340 Hill St, Petoskey, MI 49770
0.21
$999,000
3
2
3,746
For Sale
1124 E Mitchell St, Petoskey, MI 49770
0.21
$480,000
4
2
1,500
Recently Sold
1115 E Mitchell St, Petoskey, MI 49770
0.23
$448,200
3
1
1,120
Off Market
1934 E Mitchell Rd, Petoskey, MI 49770
0.39
$500,000
3
2.5
1,908
For Sale
1024 Lindell Ave, Petoskey, MI 49770
0.42
$330,600
4
1
1,425
Off Market
908 Grove St, Petoskey, MI 49770
0.48
$185,300
4
1
1,836
Off Market
810 Kalamazoo Ave, Petoskey, MI 49770
0.51
$226,400
4
1
1,450
Off Market
603 Lakeview Ave #4, Petoskey, MI 49770
0.54
$2,700,000
4
4
3,000
For Sale
603 Lakeview Ave #2, Petoskey, MI 49770
0.54
$2,800,000
4
4
3,000
For Sale
617 Harvey St, Petoskey, MI 49770
0.58
$512,000
3
1.5
1,446
Recently Sold

Local Information

  • Map ViewExplore the area around 1541 E Mitchell Rd.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
2,127 sqft
$229/sqft

About this House

Open House Sunday, August 26th 1-4pm. This is a must see home for anyone seeking a great value in an outstanding location. 1541 East Mitchell won't last long because it is a rare opportunity to be close to Petoskey's Downtown, Waterfront and K-12 school complex. The home is in outstanding condition and turn key. Get ready to enjoy the large front and private rear yard on this oversized well landscaped lot. Enjoy Bear Creek Township taxes and the amenities of the City with water and sewer. As you enter the driveway with convenient turn around you will find a nice size 2 car garage with a workbench area. The main level of the home has 3 bedrooms, family room and full bath with heated tile floor and custom vanity. The lower level features laundry and second bath. From the paint to the floor coverings to the kitchen and baths you will find everything has been updated and well maintained. This home has a high efficiency boiler, and upgraded underground electric service and panel. A very warm and welcoming home with elevated views to the south providing plenty of sunshine. It does offer the opportunity to easily add an addition on the rear of the home if you wish to create more space. One big benefit is also a second entry point off of Lincoln Place at the rear of the lot. This can be used for maintenance or as a potential added detached garage or workshop. There is a relaxing covered lanai on the west end of the home that captures the cool breezes from the lake in the summer.
1541 E Mitchell Rd, Petoskey, MI 49770 is a 3 bedroom, 2 bathroom, 2,127 sqft single-family home. It last sold for $285,000 on Oct 11, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $486,100, with a rent estimate of $2,464/month.

Home Details for 1541 E Mitchell Rd

Interior Features

Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Appliances & Utilities
Cable ReadyDishwasherDryerRefrigeratorWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Patio

Price and Tax history

DateEventPrice
Oct 11, 2018
Source: N/A
Sold
$285,000
Aug 23, 2018
Source: Agent Provided
Listed For Sale
$299,900

Market trends in Petoskey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$455K
$1.17KMoM
Sale-to-List Price
—
Price per sq ft
$270
$24MoM
Available listings
182
8MoM

Around this home

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 "
    0
    Flag
  • 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. "
    0
    Flag
  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
    0
    Flag
  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
    0
    Flag
  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
    0
    Flag
  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
    0
    Flag
  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
    0
    Flag
  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
    0
    Flag
  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
    0
    Flag
  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
    0
    Flag
  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
    0
    Flag
  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
    1
    Flag
  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
    1
    Flag
  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
    0
    Flag
  • 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."
    7
    Flag
  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
    4
    Flag
  • 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 "
    0
    Flag
  • 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. "
    0
    Flag
  • 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)."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1541 E Mitchell Rd

  • What is 1541 E Mitchell Rd estimated to be worth?
    Trulia's estimated value for 1541 E Mitchell Rd in Petoskey, MI is $486,100.
  • What is the price history for 1541 E Mitchell Rd?
    1541 E Mitchell Rd in Petoskey, MI last sold for $285,000 in October 2018.
  • 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 $455K. That is up $1.17K from the prior month.
  • Does 1541 E Mitchell Rd have laundry facilities?
    Yes, 1541 E Mitchell Rd in Petoskey, MI has in-unit laundry.

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