508 Morgan St, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$496,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,394 sqft (on 0.44 acres)

508 Morgan St, Petoskey, MI 49770

Est. Refi. Payment $3,033/mo*
Refinance Your Home
Currently Off Market - Sold Feb 22, 2021 for $299,000

Home Value

Trulia Estimate
$497K
Since last month
Increased$500 (+0.1%)
Since last year
Decreased$11K (-2.2%)
Since last sale
Increased$198K (+66.4%)
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 +132% in the last 10 years
MonthEstimated value
2026
August 2026$497K
August 2026$497K
July 2026$497K
June 2026$504K
May 2026$498K
April 2026$499K
March 2026$493K
February 2026$479K
January 2026$458K
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
0.76
Single-Family Home
$416,000
09/04/26
3
2
1,235
0.83
Single-Family Home
$320,000
01/22/26
3
2
1,500
0.52
Single-Family Home
$464,000
04/29/26
4
2
2,250
0.49
Single-Family Home
$333,800
11/10/25
3
1.5
1,751
0.49
Single-Family Home
$225,000
03/27/26
2
2.5
600
0.37
Single-Family Home
$87,388
12/02/25
3
1
1,008
0.52
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
0.52
Single-Family Home
$310,000
01/06/26
3
1
1,130
0.95
Single-Family Home
$892,625
09/29/25
2
2
1,966
0.34
Single-Family Home
$330,000
01/05/26
3
1.5
-

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
$399,900
3
2
1,505
For Sale
0.24
$575,000
3
3
2,397
Recently Sold
0.27
$249,000
1
1
553
For Sale
0.26
$229,000
3
2
1,248
For Sale
0.30
$349,000
2
2
1,349
For Sale
0.28
$249,900
5
2
2,108
For Sale
0.32
$935,000
4
3.5
2,980
For Sale
0.32
$434,900
2
2
1,195
For Sale
0.33
$564,900
2
2.5
2,329
For Sale
0.34
$849,000
2
2
2,710
For Sale
0.36
$758,900
3
3
2,350
Off Market
0.43
$340,000
4
2
1,816
For Sale

Local Information

  • Map ViewExplore the area around 508 Morgan St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1951
0.44 acre lot
1,394 sqft
$356/sqft

About this House

Sitting just blocks from the great restaurants and attractions of downtown Petoskey, this beautifully maintained and captivating turn-key home located on a quiet street has unmatched outdoor living space you won't want to miss out on. Whether you are looking to take a walk down to see the trademark Petoskey million-dollar sunsets from the breakwall, or gather with friends and family on the large multi-level deck, or in the heated pool, this home provides endless options for entertaining and stress free living. The spacious and fenced backyard has been beautifully landscaped, with the pool being recently updated to include a new heater and pump. Even in the winter this incredible outdoor space won't go to waste with the Hot Springs Vanguard hot tub that includes a bluetooth sound system and a brand new cover. In addition, the 10 x 16 pool house/shed provides ample storage for all of your pool toys and lawn equipment. Moving inside the contemporary and thoughtful design of each room and upgraded kitchen that includes a new refrigerator, along with granite countertops, and stainless steel appliances will immediately catch your attention. Both upstairs bedrooms even present peak-a-boos of the gorgeous Little Traverse Bay. The remodeled lower level is both comfortable and functional with a custom queen sized Murphy bed with additional built in storage, a full bathroom, and expansive laundry room. The hot tub and pool area is easily accessed from the lower level, which also provides a great area for changing, and toweling off. You will see that everything was thought of with additional features that include a new 200 amp electrical service, updated plumbing and heating, and newly added central air conditioning. Act fast for a showing today and see this breathtaking home before it is gone.
508 Morgan St, Petoskey, MI 49770 is a 3 bedroom, 2 bathroom, 1,394 sqft single-family home built in 1951. It last sold for $299,000 on Feb 22, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $496,900, with a rent estimate of $2,353/month.

Home Details for 508 Morgan St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Hot Tub or Spa

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
DeckPatio
Pool
Pool

Lot Information

Lot Area: 0.44 acres

Price and Tax history

DateEventPrice
Feb 22, 2021
Source: N/A
Sold
$299,000
Jan 25, 2021
Source: Agent Provided
Listed For Sale
$299,000
Jul 24, 2017
Source: N/A
Sold
$259,900
Jul 6, 2017
Source: Agent Provided
Listed For Sale
$259,900
Jul 29, 2015
Source: N/A
Sold
$200,000

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 508 Morgan St

  • What is 508 Morgan St estimated to be worth?
    Trulia's estimated value for 508 Morgan St in Petoskey, MI is $496,900.
  • What is the price history for 508 Morgan St?
    508 Morgan St in Petoskey, MI last sold for $299,000 in February 2021.
  • 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 508 Morgan St have a pool?
    Yes, 508 Morgan St in Petoskey, MI has a pool.
  • Does 508 Morgan St have laundry facilities?
    Yes, 508 Morgan St in Petoskey, MI has in-unit laundry.

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