321 Bay St, Petoskey, MI 49770
OFF MARKET

$550,500

Trulia Estimate
  • Studio
  • 4,000 sqft

321 Bay St, Petoskey, MI 49770

Est. Refi. Payment $3,428/mo*
Refinance Your Home

Home Value

Trulia Estimate
$551K
Since last month
Decreased$400 (-0.1%)
Since last year
Increased$31K (+5.3%)
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 +85% in the last 10 years
MonthEstimated value
2026
September 2026$621K
August 2026$551K
July 2026$622K
June 2026$590K
May 2026$566K
April 2026$584K
February 2026$648K
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
213 Clinton St, Petoskey, MI
0.34
Single-Family Home
$999,000
01/05/26
4
2.5
3,861
420 Wachtel Ave, Petoskey, MI
0.38
Single-Family Home
$464,000
04/29/26
4
2
2,250
719 State St, Petoskey, MI
0.46
Single-Family Home
$785,000
01/14/26
3
2
2,900
102 State St, Petoskey, MI
0.36
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
627 Michigan St, Petoskey, MI
0.36
Single-Family Home
$420,000
09/04/26
4
2
1,537
316 Monroe St, Petoskey, MI
0.48
Single-Family Home
$330,000
06/12/26
5
3
2,300
312 Grove St, Petoskey, MI
0.38
Single-Family Home
$305,000
09/11/26
2
1
1,320
808 Petoskey St, Petoskey, MI
0.44
Single-Family Home
$390,500
06/30/26
3
2
1,482
616 Elizabeth St, Petoskey, MI
0.40
Single-Family Home
$292,500
12/31/25
3
-
1,234
617 Harvey St, Petoskey, MI
0.47
Single-Family Home
$512,000
05/27/26
3
1.5
1,446

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
120 E Lake St, Petoskey, MI 49770
0.18
$1,295,000
6
6
3,815
For Sale
422 E Mitchell St, Petoskey, MI 49770
0.19
$1,795,000
3
2.5
2,322
For Sale
604 Bay St, Petoskey, MI 49770
0.26
$1,849,000
6
3.5
5,653
For Sale
312 Grove St, Petoskey, MI 49770
0.38
$305,000
2
1
1,320
Recently Sold
606 State St, Petoskey, MI 49770
0.40
$1,175,000
4
4.5
3,336
For Sale
415 Liberty St, Petoskey, MI 49770
0.42
$559,900
4
3
2,318
For Sale
427 Liberty St, Petoskey, MI 49770
0.43
$325,000
2
2
1,448
Off Market
610 Grove St, Petoskey, MI 49770
0.46
$499,000
4
2
1,800
For Sale
319 W Mitchell St, Petoskey, MI 49770
0.45
$345,000
4
4
3,850
For Sale
617 Harvey St, Petoskey, MI 49770
0.47
$512,000
3
1.5
1,446
Recently Sold
820 Michigan St, Petoskey, MI 49770
0.49
$498,500
3
2
2,232
Off Market
1004 Howard St, Petoskey, MI 49770
0.55
$774,900
4
3.5
2,541
For Sale

Local Information

  • Map ViewExplore the area around 321 Bay St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
4,000 sqft
$138/sqft

About this House

Well Known, Long Standing Fine Dining Establishment With Incredible Views Of The Bay And Waterfront. All Equipment & Cost Of Liquor License Included, State Approval For License Must Be Obtained. Property Also Includes A 3 Bedroom, 1 Bath Residence On The Upper Level. Unbelievable View From The Dining Room And Residence. Come See This Great Opportunity. 04/28/10
321 Bay St, Petoskey, MI 49770 is a studio, 4,000 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $550,500, with a rent estimate of $2,254/month.

Home Details for 321 Bay St

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Mar 11, 2010
Source: Agent Provided
ListingRemoved
$550,000
Mar 6, 2010
Source: Agent Provided
Listed For Sale
$550,000

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 321 Bay St

  • What is 321 Bay St estimated to be worth?
    Trulia's estimated value for 321 Bay St in Petoskey, MI is $550,500.
  • 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.
  • 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.

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Off Market Homes Near 321 Bay St

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