3851 E  Mitchell Rd, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$544,500

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 2,400 sqft (on 35 acres)

3851 E Mitchell Rd, Petoskey, MI 49770

Est. Refi. Payment $3,468/mo*
Refinance Your Home

Home Value

Trulia Estimate
$545K
Since last month
Increased$58K (+12%)
Since last year
Increased$44K (+8.9%)
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 +109% in the last 10 years
MonthEstimated value
2026
September 2026$545K
August 2026$486K
July 2026$545K
June 2026$509K
May 2026$526K
April 2026$511K
March 2026$521K
February 2026$499K
January 2026$505K
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
0.49
Single-Family Home
$500,000
08/04/26
4
2
2,400
0.39
Single-Family Home
$325,000
01/23/26
3
2
1,060
0.45
Single-Family Home
$515,000
11/24/25
3
3.5
2,296
1.46
Single-Family Home
$529,900
08/05/26
3
2
1,800
1.01
Single-Family Home
$825,000
01/07/26
3
3.5
2,450
1.17
Single-Family Home
$625,000
11/10/25
4
3
2,280
1.30
Single-Family Home
$485,000
01/22/26
4
2.5
2,951
1.34
Single-Family Home
$680,000
04/14/26
4
2.5
3,212
1.26
Single-Family Home
$357,500
07/23/26
3
2
1,350
1.07
Single-Family Home
$1,350,000
09/24/26
5
3.5
6,474

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
0.29
$485,000
4
2
1,820
For Sale
0.73
$1,509,000
3
2.5
2,750
For Sale
0.71
-
-
-
-
Off Market
0.73
$38,000
-
-
-
For Sale
0.72
$775,000
4
2.5
2,380
For Sale
0.84
$390,000
4
2
1,867
For Sale
0.87
$99,000
-
-
-
Recently Sold
0.85
$1,099,000
3
3
3,106
For Sale
0.89
$90,000
-
-
-
For Sale
0.93
$15,000
-
-
-
Recently Sold
0.99
$74,000
-
-
-
For Sale
1.00
$149,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 3851 E Mitchell Rd.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
35 acre lot
2,400 sqft
$227/sqft

About this House

What's unique:Farm houseNew roofGutter coversNew front porch
This nearly 35-acre parcel is ideally located only minutes from downtown Petoskey and offers plenty of potential for future development, farming, or a large private estate. The property has been owned by the same family for 130 years and has been the meeting place for immediate and extended family. The four-bedroom farm house could be updated to be a great investment as a vacation rental or to continue the family meeting place! Fall 2022 updates include a new roof, new front porch, as well as gutters and gutter covers. This unique property is truly a must see!
3851 E Mitchell Rd, Petoskey, MI 49770 is a 4 bedroom, 1 bathroom, 2,400 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $544,500, with a rent estimate of $2,118/month.

Home Details for 3851 E Mitchell Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerRefrigeratorWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 35.00 acres

Price and Tax history

DateEventPrice
Nov 14, 2022
Source: Northern Michigan MLS
ListingRemoved
Aug 8, 2022
Source: Northern Michigan MLS #466038
PriceChange
$749,000
Price decreased by 6%
Jul 6, 2022
Source: Northern Michigan MLS #466038
PriceChange
$799,000
Price decreased by 3%
May 17, 2022
Source: Northern Michigan MLS #466038
PriceChange
$825,000
Price increased by 7%
May 4, 2022
Source: Northern Michigan MLS #466038
PriceChange
$770,000
Price increased by 40%

Market trends in Petoskey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$455K
$1.17K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$270
$24
MoM
Available listings
182
8
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. Itโ€™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
    "Itโ€™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 3851 E Mitchell Rd

  • What is 3851 E Mitchell Rd estimated to be worth?
    Trulia's estimated value for 3851 E Mitchell Rd in Petoskey, MI is $544,500.
  • 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.
  • Does 3851 E Mitchell Rd have laundry facilities?
    Yes, 3851 E Mitchell Rd in Petoskey, MI has in-unit laundry.
  • How big is the lot at 3851 E Mitchell Rd?
    The lot at 3851 E Mitchell Rd in Petoskey, MI is about 35 acres.

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