314 W Mitchell St, Petoskey, MI 49770
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OFF MARKET

314 W Mitchell St
Petoskey, MI 49770

  • Studio
  • 2,716 sqft

$642,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,835/mo*
Refinance Your Home

$642,600

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $3,835/mo*
Refinance Your Home
Studio
2,716 sqft

Home Value

Trulia Estimate
$643K
Since last month
Decreased$15K (-2.3%)
Since last year
Increased$13K (+2.1%)
Since last sale
Increased$66K (+11.4%)
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 +239% in the last 10 years
MonthEstimated value
2026
August 2026$641K
July 2026$656K
June 2026$629K
May 2026$634K
April 2026$631K
March 2026$695K
February 2026$662K
January 2026$667K
2025
2024
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
420 Wachtel Ave, Petoskey, MI
0.11
Single-Family Home
$464,000
04/29/26
4
2
2,250
504 Monroe St, Petoskey, MI
0.17
Single-Family Home
$465,000
09/12/25
3
3
2,500
316 Monroe St, Petoskey, MI
0.12
Single-Family Home
$330,000
06/12/26
5
3
2,300
102 State St, Petoskey, MI
0.29
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
616 Elizabeth St, Petoskey, MI
0.28
Single-Family Home
$292,500
12/31/25
3
-
1,234
808 Petoskey St, Petoskey, MI
0.46
Single-Family Home
$390,500
06/30/26
3
2
1,482
46 Bridge St, Petoskey, MI
0.39
Single-Family Home
$150,000
04/17/26
5
2
2,108
421 Wachtel Ave, Petoskey, MI
0.15
Single-Family Home
$476,000
11/03/25
-
-
1010 Emmet St, Petoskey, MI
0.51
Single-Family Home
$350,000
08/04/26
2
2
1,200
719 State St, Petoskey, MI
0.79
Single-Family Home
$785,000
01/14/26
3
2
2,900

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
319 W Mitchell St, Petoskey, MI 49770
0.04
$345,000
4
4
3,850
For Sale
415 Liberty St, Petoskey, MI 49770
0.11
$559,900
4
3
2,318
For Sale
431 Madison St, Petoskey, MI 49770
0.14
$399,900
5
2
2,461
For Sale
427 Liberty St, Petoskey, MI 49770
0.13
$317,200
2
2
1,448
Off Market
513 Liberty St, Petoskey, MI 49770
0.17
$340,000
4
2
1,816
For Sale
602 Jackson St, Petoskey, MI 49770
0.29
$564,900
2
2.5
2,329
For Sale
120 E Lake St, Petoskey, MI 49770
0.27
$1,295,000
6
6
3,815
For Sale
46 Bridge St, Petoskey, MI 49770
0.39
$249,900
5
2
2,108
For Sale
312 Grove St, Petoskey, MI 49770
0.47
$319,900
2
1
1,320
For Sale
422 E Mitchell St, Petoskey, MI 49770
0.50
$1,795,000
3
2.5
2,322
For Sale
308 Fulton St, Petoskey, MI 49770
0.52
$639,000
4
2.5
2,412
For Sale
1004 Howard St, Petoskey, MI 49770
0.60
$789,000
4
3.5
2,541
For Sale

Local Information

  • Map ViewExplore the area around 314 W Mitchell St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
2,716 sqft
Price/Sqft
$237

About this House

Prime commercial location for sale. This location features the highest traffic count in Emmet County with over 27,000 cars a day passing by. Ample parking, access to rear street and some recent improvements to building.
314 W Mitchell St, Petoskey, MI 49770 is a studio, 2,716 sqft single-family home. It last sold for $575,000 on Jan 10, 2024. More recently, it was listed as a rental in February 2021 with an asking price of $6,500 per month. That rental listing was removed on July 14, 2021. It is currently off market. The Trulia Estimate is $642,600, with a rent estimate of $2,222/month.

Home Details for 314 W Mitchell St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Parking & Garage
Parking: Off Street

Price and Tax history

DateEventPrice
Jan 10, 2024
Source: N/A
Sold
$575,000
Nov 12, 2021
Source: Real Estate One
ListingRemoved
Oct 11, 2021
Source: Real Estate One #464872
PriceChange
$699,900
Jul 14, 2021
Source: Real Estate One
ListingRemoved
Feb 13, 2021
Source: Real Estate One #464265
Listed For Rent
$6,500

Market trends in Petoskey

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

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 314 W Mitchell St

  • What is 314 W Mitchell St estimated to be worth?
    Trulia's estimated value for 314 W Mitchell St in Petoskey, MI is $642,600.
  • What is the price history for 314 W Mitchell St?
    314 W Mitchell St in Petoskey, MI last sold for $575,000 in January 2024.
  • 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 314 W Mitchell St have parking?
    Yes, 314 W Mitchell St in Petoskey, MI has on-site parking.

Explore by feature - Pet Friendly

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Apartments for Rent

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Off Market Homes Near 314 W Mitchell St

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