$544,500
- 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 HomeHome Value
Trulia Estimate
$545KSince 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
| Month | Estimated 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
-- mins to
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
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Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 35.00 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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% |
Dec 14, 2021 Source: Northern Michigan MLS #467106 | Listed For Sale | $549,000 |
Nov 24, 2021 Source: Northern Michigan MLS | ListingRemoved | |
Oct 19, 2021 Source: Northern Michigan MLS #466038 | PriceChange | $749,000 Price decreased by 12% |
Aug 2, 2021 Source: Northern Michigan MLS #466038 | Listed For Sale | $849,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $2,835 | $356,100 |
Home facts updated by county records
Market trends in Petoskey
Last updated August 2026
Avg. sale price
$455K
$1.17KMoM
Sale-to-List Price
โ
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.
LGBTQ Local Legal Protections
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.

