204 State St, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$823,700

Trulia Estimate
  • 5 Beds
  • 2.5 Baths
  • 3,762 sqft (on 0.32 acres)

204 State St, Petoskey, MI 49770

Est. Refi. Payment $4,978/mo*
Refinance Your Home
Currently Off Market - Sold Mar 10, 2022 for $505,000

Home Value

Trulia Estimate
$824K
Since last month
Increased$23K (+2.9%)
Since last year
Decreased$13K (-1.5%)
Since last sale
Increased$319K (+63.1%)
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 +50% in the last 10 years
MonthEstimated value
2026
August 2026$824K
August 2026$817K
July 2026$801K
June 2026$814K
May 2026$828K
April 2026$809K
March 2026$843K
February 2026$806K
January 2026$820K
2025
2024
2023
2022
2021

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
0.08
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
0.25
Single-Family Home
$464,000
04/29/26
4
2
2,250
0.47
Single-Family Home
$785,000
01/14/26
3
2
2,900
0.50
Single-Family Home
$892,625
09/29/25
2
2
1,966
0.79
Single-Family Home
$480,000
06/25/26
4
2
1,500
0.28
Single-Family Home
$225,000
03/27/26
2
2.5
600
0.40
Single-Family Home
$394,000
10/03/25
4
2
1,622
0.31
Single-Family Home
$150,000
04/17/26
5
2
2,108
0.22
Single-Family Home
$87,388
12/02/25
3
1
1,008
0.30
Single-Family Home
$377,000
07/23/26
4
2
1,518

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
0.23
$1,295,000
6
6
3,815
For Sale
0.24
$1,795,000
3
2.5
2,322
For Sale
0.25
$322,800
2
2
1,448
Off Market
0.25
$340,000
4
2
1,816
For Sale
0.26
$559,900
4
3
2,318
For Sale
0.26
$774,900
4
3.5
2,541
For Sale
0.36
$1,175,000
4
4.5
3,336
For Sale
0.31
$249,900
5
2
2,108
For Sale
0.34
$345,000
4
4
3,850
For Sale
0.37
$499,000
4
2
1,800
For Sale
0.39
$374,500
3
2.5
1,788
Off Market
0.37
$766,500
5
3.5
4,253
Off Market

Local Information

  • Map ViewExplore the area around 204 State St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1880
0.32 acre lot
3,762 sqft
$219/sqft

About this House

This Grand Victorian in downtown Petoskey offers many options! Consisting of three levels the first floor was recently used as a dental clinic and the upper two floors as living quarters. Currently zoned multi-family, zoning will consider allowing the first floor to be used as professional office space. Live upstairs and work downstairs or lease it to generate income. Or convert it back into living quarters... the choice is yours! Located on a large corner lot a welcoming wrap around porch and extensive perennial gardens showcase this gracious home. The main entrance leads into a formal foyer with a stairway to the second floor living area that is also accessible by a rear stairway. There is a a separate entrance off of Emmet Street that is handicap accessible and leads into the former dental clinic. Sellers have recently removed walls and refinished floors to easily convert it back into living quarters. There is a 1/2 bath, kitchen/laundry room, living room, office/parlor and two additional rooms. A bright and cheery sunroom completes the first floor. The second floor hosts the living room, formal dining room, kitchen, full bath and two bedrooms including the Master Bedroom. The third floor has three bedrooms, den, and full bath. Original woodwork, hardwood floors, new roof in 2020 and a peek of the bay from the third floor! Steam heat with separate zoning for the first and upper floors. Street parking available plus a large paved parking area. A four car garage offers ample storage. Walk to Petoskey's famed Gaslight District for shopping and dining and to the Bear River Recreational area. A two year Home Warranty is included! Call for your personal tour today!
204 State St, Petoskey, MI 49770 is a 5 bedroom, 3 bathroom, 3,762 sqft single-family home built in 1880. It last sold for $505,000 on Mar 10, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $823,700, with a rent estimate of $3,835/month.

Home Details for 204 State St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Appliances & Utilities
Cable ReadyDisposalDryerMicrowaveRefrigeratorWasher

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Patio

Lot Information

Lot Area: 0.32 acres

Price and Tax history

DateEventPrice
Mar 10, 2022
Source: N/A
Sold
$505,000
Jan 8, 2022
Source: Northern Michigan MLS #466003
PriceChange
$525,000
Price decreased by 5%
Jul 29, 2021
Source: Northern Michigan MLS #466003
Listed For Sale
$550,000

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)."

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Frequently asked questions about 204 State St

  • What is 204 State St estimated to be worth?
    Trulia's estimated value for 204 State St in Petoskey, MI is $823,700.
  • What is the price history for 204 State St?
    204 State St in Petoskey, MI last sold for $505,000 in March 2022.
  • 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.
  • Does 204 State St have laundry facilities?
    Yes, 204 State St in Petoskey, MI has in-unit laundry.
  • How big is the lot at 204 State St?
    The lot at 204 State St in Petoskey, MI is about 0.32 acres (13,773 sq ft).

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