5491 E  Bear River Rd, Boyne Falls, MI 49713
Property image
Property image
OFF MARKET

$258,200

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,500 sqft (on 2.04 acres)

5491 E Bear River Rd, Boyne Falls, MI 49713

Est. Refi. Payment $1,629/mo*
Refinance Your Home
Currently Off Market - Sold Oct 21, 2020 for $139,200

Home Value

Trulia Estimate
$258K
Since last month
Increased$400 (+0.2%)
Since last year
Increased$14K (+5.7%)
Since last sale
Increased$121K (+86.6%)
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 +153% in the last 10 years
MonthEstimated value
2026
August 2026$260K
August 2026$260K
July 2026$259K
June 2026$256K
May 2026$258K
April 2026$254K
March 2026$254K
February 2026$250K
January 2026$245K
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
0.92
Single-Family Home
$150,000
02/18/26
3
2
1,300
0.84
Single-Family Home
$614,000
07/23/26
3
2
1,342
1.16
Single-Family Home
$455,000
11/26/25
3
2
1,551
1.73
Single-Family Home
$650,000
01/09/26
3
3
2,750
2.13
Single-Family Home
$400,000
10/09/25
4
3
1,556
2.71
Single-Family Home
$217,000
04/14/26
2
2
1,458
2.86
Single-Family Home
$329,900
03/02/26
3
2
1,400
2.74
Single-Family Home
$428,000
02/24/26
3
1.5
1,176
2.74
Single-Family Home
$399,000
02/02/26
4
2
1,694
4.46
Single-Family Home
$142,840
06/22/26
3
1
1,200

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
0.41
-
-
-
-
Off Market
0.24
$411,000
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 5491 E Bear River Rd.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Lot Size
2.04 acres
Living Area
1,500 sqft
Price/Sqft
$172

About this House

Country living on 2 acres just 10 minutes SE of Petoskey in the Petoskey school district. The house was once a small farmhouse and was eventually added on to. It's been rented and in need of a facelift but it has good bones on a REALLY pretty two plus acres. This "handy man" special is being sold "as is" because there is work to do - and, it will not go FHA or VA. Two of the bedrooms are quite large, a third is good in size but you will want to reconfigure the door way as it's only about 2 feet wide. Note the multiple pantries as well as an office space to the left of the kitchen. There is also a large laundry plus storage room to the right of the kitchen. Roof is about 10 years old and furnace is about 6 years old. The Seller shared that there is a room in the attic that is accessed from a room in the basement via a ladder. It's part of the original building. This house is easy to show. At this price it won't last long.
5491 E Bear River Rd, Boyne Falls, MI 49713 is a 3 bedroom, 1 bathroom, 1,500 sqft single-family home built in 1950. It last sold for $139,200 on Oct 21, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $258,200, with a rent estimate of $2,130/month.

Home Details for 5491 E Bear River Rd

Interior Features

Interior Details
BasementAttic
Heating & Cooling
Heating: Forced Air, Gas, Wood PelletHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Other, Hardwood, Linoleum Vinyl
Appliances & Utilities
Refrigerator

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Deck

Lot Information

Lot Area: 2.04 acres

Price and Tax history

DateEventPrice
Oct 21, 2020
Source: Berkshire Hathaway HomeServices Michigan #463108_49713
Sold
$139,200
Sep 1, 2020
Source: Agent Provided
Listed For Sale
$138,000

Market trends in Boyne Falls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
21
3
MoM

What Locals Say about Boyne Falls

At least 9 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say yards are well-kept

  • 90 % Say kids play outside

  • 83 % Say it's dog friendly

  • 79 % Say parking is easy

  • 73 % Say it's quiet

  • 73 % Say people would walk alone at night

  • 72 % Say there's holiday spirit

  • 67 % Say streets are well-lit

  • 62 % Say they plan to stay for at least 5 years

  • 60 % Say there's wildlife

  • 50 % Say it's walkable to restaurants

  • 42 % Say neighbors are friendly

  • 40 % Say there are sidewalks

  • 25 % Say it's walkable to grocery stores

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kjm49796
    "Ive lived here for almost 20 years. The area is full of good people mostly. People help each other as a way of life. and the view is nice with rolling hills and an old ski mountian out the back window. "
  • Jfvanloo
    "Boyne Falls is a rural community, yet close to many amenities that make living here a great experience. Great neighbors, paved roads and close to lakes and rivers as well as hunting."

LGBTQ Local Legal Protections

Frequently asked questions about 5491 E Bear River Rd

  • What is 5491 E Bear River Rd estimated to be worth?
    Trulia's estimated value for 5491 E Bear River Rd in Boyne Falls, MI is $258,200.
  • What is the price history for 5491 E Bear River Rd?
    5491 E Bear River Rd in Boyne Falls, MI last sold for $139,200 in October 2020.
  • Is Boyne Falls a buyer's or seller's market?
    Boyne Falls is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Boyne Falls?
    Residents describe Boyne Falls, MI as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Boyne Falls, MI.
  • How big is the lot at 5491 E Bear River Rd?
    The lot at 5491 E Bear River Rd in Boyne Falls, MI is about 2 acres.

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