509 State St
Petoskey, MI 49770
3 Beds
2 Baths
2,000 sqft
3 Beds
2 Baths
2,000 sqft
Local Information
- Map ViewExplore the area around 509 State St.
- Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Description
Amazing location just one block from the Central Elementary, St Francis Church/Grade School and Beautiful Downtown Petoskey. This adorable completely refinished classic has been used recently as a family home, vacation getaway, long term rental and as a short term vacation rental. Petoskey's recent moratorium on vacation rentals in Residential Districts should not apply to this property as it has been licensed and "Grandfathered" in provided the license is renewed yearly. The lush, private back yard is fabulous for entertaining and is large enough that it should provide the next owner with the rare luxury of expansion (Garage) including a possible rear drive from the adjacent ally. Inside the floor plan on the main floor delivers functionality and an abundance of charm featuring an amazing kitchen with an eat in island option plus a formal dinning room that is flanked by two separate living spaces one with a cozy vintage fireplace. There is a front and a back staircase to access the second level which includes a larger bedroom with an adjacent room that could be an Office/Nursery/Dressing Room plus two more bedrooms and a large bathroom containing both a separate bathtub and a large frame~less glass and tile shower. This perfectly located house has been comprehensively updated and is move in ready, some of the furnishings could also be purchased separately. Sale is subject to current tenants lease rights, ask agent for details..
509 State St, Petoskey, MI 49770 is a 3 bedroom, 2 bathroom, 2,000 sqft single-family home. It last sold for $326,000 on Jun 10, 2019. It is currently off market. The Trulia Estimate is $592,500, with a rent estimate of $2,569/month.
Home Highlights
Parking
No Info
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 509 State St
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Interior Details BasementTypes of Rooms: Dining Room, Family Room, Laundry RoomCeiling Fan |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: VinylLawnPatioPorch |
Parking & Garage Parking Spaces: 2Parking: Off Street |
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 7248 sqft |
Price History for 509 State St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/10/2019 | $326,000 | Sold | N/A |
| 05/02/2019 | $309,900 | Listed For Sale | Agent Provided |
| 06/30/2011 | $170,000 | Sold | N/A |
| 07/23/2008 | $181,500 | Sold | N/A |
Market trends in Petoskey
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
149
30MoM
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Property Tax and Assessment
| Year | 2021 |
|---|---|
| Tax | |
| Assessment | $229,800 |
Home facts updated by county records
Comparable Sales for 509 State St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $512,000 | 05/27/26 | 3 | 1.5 | 1,446 | |
0.17 | Single-Family Home | $785,000 | 01/14/26 | 3 | 2 | 2,900 | |
0.12 | Single-Family Home | $470,000 | 08/19/25 | 5 | 2 | 2,000 | |
0.52 | Single-Family Home | $464,000 | 04/29/26 | 4 | 2 | 2,250 | |
0.29 | Single-Family Home | $892,625 | 09/29/25 | 2 | 2 | 1,966 | |
0.38 | Single-Family Home | $542,000 | 10/21/25 | 4 | 2.5 | 1,904 | |
0.30 | Single-Family Home | $185,000 | 09/05/25 | 4 | 1 | 1,836 | |
0.59 | Single-Family Home | $150,000 | 04/17/26 | 5 | 2 | 2,108 | |
0.15 | Single-Family Home | $325,000 | 08/28/25 | 3 | 1 | 1,750 | |
0.49 | Single-Family Home | $480,000 | 06/25/26 | 4 | 2 | 1,500 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
FOR SALE
3D VIEW
OFF MARKETGreenridge Realty (Hastings)
FOR SALE
SOLDMAY 27, 2026Coldwell Banker Fairbairn Realty
FOR SALEOPEN SAT, 10-12PM
FOR SALE
FOR SALE
FOR SALE- FOR SALE
FOR SALE
Assigned Schools
These are the assigned schools for 509 State St.
- Lincoln School
- K-5
- Public
- 224 Students
10/10GreatSchools RatingParent Rating AverageLincoln is like family. The Teachers and Support staff are amazing!! The education and learning opportunities are top notch!!Parent Review14y ago - Ottawa Elementary School
- PK-5
- Public
- 240 Students
6/10GreatSchools RatingParent Rating AverageGood leadership, teachers and staff really seem to care about our children. Friendly environment, looking forward to the color fun run, book fair and cereal box challenge.Parent Review1y ago - Petoskey High School
- 9-12
- Public
- 839 Students
7/10GreatSchools RatingParent Rating AverageI only gave this school one star because zero was not an option.Student Review1y ago - Petoskey Middle School
- 6-8
- Public
- 585 Students
9/10GreatSchools RatingParent Rating AverageGood leadership makes for great schools I would like to see the inside of the school Cleaner. I know it’s a lot of kids to leave their jackets and binders throughout the hallway and for such a well-known school with really good systems in place- it could be less messy.Teacher Review3mo ago - Sheridan School
- K-5
- Public
- 227 Students
7/10GreatSchools RatingParent Rating AverageGreat. Principal is outstanding. Teachers wonderful. Alot of students in a classroom but children are thriving academically and socially. The writing skills they are teaching are top notch. Clean facility's.Parent Review8y ago - Central Elementary School
- K-5
- Public
- 219 Students
8/10GreatSchools RatingParent Rating AverageN/AParent Review18y ago 
Check out schools near 509 State St.
What Locals Say about Petoskey
At least 89 Trulia users voted on each feature.
89 % Say it's dog friendly
80 % Say car is needed
78 % Say people would walk alone at night
77 % Say there's wildlife
75 % Say there's holiday spirit
75 % Say parking is easy
74 % Say yards are well-kept
73 % 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
62 % Say there are sidewalks
58 % Say neighbors are friendly
53 % Say it's walkable to grocery stores
39 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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