215 W  Mitchell St, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$714,700

Trulia Estimate
  • 2 Beds
  • 2.5 Baths
  • 3,350 sqft

215 W Mitchell St, Petoskey, MI 49770

Est. Refi. Payment $4,329/mo*
Refinance Your Home
Currently Off Market - Sold May 20, 2022 for $549,000

Home Value

Trulia Estimate
$715K
Since last month
Increased$10K (+1.4%)
Since last year
Increased$32K (+4.7%)
Since last sale
Increased$166K (+30.2%)
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 +92% in the last 10 years
MonthEstimated value
2026
August 2026$715K
August 2026$711K
July 2026$705K
June 2026$719K
May 2026$712K
April 2026$700K
March 2026$716K
February 2026$685K
January 2026$700K
2025
2024
2023
2022

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
0.04
Single-Family Home
$464,000
04/29/26
4
2
2,250
0.22
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
0.72
Single-Family Home
$785,000
01/14/26
3
2
2,900
0.21
Single-Family Home
$465,000
09/12/25
3
3
2,500
0.70
Single-Family Home
$512,000
05/27/26
3
1.5
1,446
0.35
Single-Family Home
$150,000
04/17/26
5
2
2,108
0.57
Single-Family Home
$377,000
07/23/26
4
2
1,518
0.10
Single-Family Home
$330,000
06/12/26
5
3
2,300
0.50
Single-Family Home
$225,000
03/27/26
2
2.5
600
0.77
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
0.05
$559,900
4
3
2,318
For Sale
0.07
$345,000
4
4
3,850
For Sale
0.08
$322,800
2
2
1,448
Off Market
0.12
$340,000
4
2
1,816
For Sale
0.21
$1,295,000
6
6
3,815
For Sale
0.19
$399,900
5
2
2,461
For Sale
0.33
$564,900
2
2.5
2,329
For Sale
0.35
$249,900
5
2
2,108
For Sale
0.43
$1,795,000
3
2.5
2,322
For Sale
0.44
$609,000
4
2.5
2,412
For Sale
0.52
$774,900
4
3.5
2,541
For Sale
0.61
$1,175,000
4
4.5
3,336
For Sale

Local Information

  • Map ViewExplore the area around 215 W Mitchell St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
3,350 sqft
$213/sqft

About this House

Looking for a diverse income or personal use property? This commercial/residential building in the heart of Petoskey offers a multitude of possibilities and is currently configured as main floor office/studio with a sleek newly renovated second floor condominium. The income potential is vast as you could run your business on the main floor and live above or live above and lease below. The real wild card is the potential to short term lease the upstairs which current zoning may allow with a license. Being newly renovated means this is set to go from the moment you take ownership and the property features: views of Little Traverse Bay from both levels, newer mechanicals/electric service, updated lighting/doors/surfaces, ample off-street parking in the rear, fenced in dog area, second floor bright and happy sun deck, hard wood flooring, and so much more. The potential to generate revenue is strong and the future of Petoskey as a regional hub of commerce is bright. This location between McLaren Northern Michigan Hospital and the Gaslight District is an ideal place to position yourself for the future. Call today to schedule a personal tour.
215 W Mitchell St, Petoskey, MI 49770 is a 2 bedroom, 3 bathroom, 3,350 sqft single-family home. It last sold for $549,000 on May 20, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $714,700, with a rent estimate of $2,415/month.

Home Details for 215 W Mitchell St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerRefrigeratorWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Deck

Community

Units in Building: 2

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
May 20, 2022
Source: N/A
Sold
$549,000
Apr 23, 2022
Source: Northern Michigan MLS #467963
Listed For Sale
$549,000
Dec 26, 2018
Source: N/A
Sold
$217,517

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 215 W Mitchell St

  • What is 215 W Mitchell St estimated to be worth?
    Trulia's estimated value for 215 W Mitchell St in Petoskey, MI is $714,700.
  • What is the price history for 215 W Mitchell St?
    215 W Mitchell St in Petoskey, MI last sold for $549,000 in May 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 215 W Mitchell St have laundry facilities?
    Yes, 215 W Mitchell St in Petoskey, MI has in-unit laundry.
  • How big is the lot at 215 W Mitchell St?
    The lot at 215 W Mitchell St in Petoskey, MI is about 0.14 acres (6,098 sq ft).

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