5654 Cherry Ct, Petoskey, MI 49770
FOR SALE

5654 Cherry Ct
Petoskey, MI 49770

  • 4 Beds
  • 4 Baths
  • 4,882 sqft

$1,200,000

Est. Mortgage $7,016/mo*
Get Pre-Qualified

$1,200,000

Est. Mortgage $7,016/mo*
Get Pre-Qualified
4 Beds
4 Baths
4,882 sqft
We estimate this home will sell faster than 81% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to refined Northern Michigan living in the highly sought-after Oaks of Walloon subdivision. Nestled on a large, beautifully wooded parcel just moments from Walloon Lake public access and park, this immaculately maintained home offers a rare blend of privacy, luxury, and convenience. Step inside to discover a spacious, open-concept main floor designed for both everyday living and effortless entertaining. The gourmet kitchen is a true showpiece, featuring custom solid cherry cabinetry, cabinet-front appliances, a Sub-Zero refrigerator, and a Wolf oven, all seamlessly integrated into a stunning design that flows into a welcoming bar area and dining space. The adjacent living room is highlighted by soaring vaulted ceilings, a striking stone gas fireplace, custom built-in bookcases, a premium sound system, and a Vantage whole-house lighting system, creating a warm yet sophisticated atmosphere. The main floor primary suite is a private retreat, complete with vaulted ceilings, an exceptional walk-in closet with custom built-ins, and a spa-like bathroom featuring a tiled shower, large soaking tub, and dual vanities. An adjoining flex room—currently used as an office—offers the perfect opportunity for a private sitting area or reading room. The walkout lower level is bright and inviting, with abundant natural light and a thoughtfully finished layout. Here you’ll find two additional bedrooms connected by a Jack-and-Jill bath, a spacious family room, and an impressive wet bar—ideal for entertaining guests. Above the expansive three-car garage, a separate living quarters provides an ideal guest suite or private retreat, complete with its own living room, bedroom, and full bathroom. Outdoor living is truly exceptional. Enjoy the charm of a three-season room with tongue-and-groove walls and take in natural beauty from the expansive wraparound deck—recently freshly stained for a crisp, updated look. The stamped concrete patio below offers additional space for relaxing.
We estimate this home will sell faster than 81% nearby.

Home Highlights

Parking
3 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
$83/Monthly
Price/Sqft
$246
Listed
13 days ago

Home Details for 5654 Cherry Ct

Interior Features

Interior Details
Basement: Full,Walk-Out Access,FinishedNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bedroom 1, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 3Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 4882 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer, RangeDishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: GasHas a Fireplace
Windows, Doors, Floors & Walls
Window: Mini BlindsFlooring: Wood
Levels, Entrance, & Accessibility
Floors: Wood

Exterior Features

Exterior Home Features
Patio / Porch: Deck, PatioOther Structures: None
Parking & Garage
Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking: Attached Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 13

Property Information

Year Built
Year Built: 2001
Property Type / Style
Property Type: Residential
Building
Construction Materials: Wood Frame/Site Built

Price & Status

Price
List Price: $1,200,000Price Per Sqft: $246

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: Petoskey
School Information
Elementary School District: PetoskeyJr High / Middle School District: PetoskeyHigh School District: Petoskey

Agent Information

Listing Agent
Listing ID: 479514

HOA

HOA Name: Oaks of WalloonHas an HOAHOA Fee: $1,000/Annually

Miscellaneous

BasementMls Number: 479514
Last check for updates: about 11 hours ago
Listing courtesy of Clinton Shuman
Real Estate One, (231) 347-6200
Source: Northern Michigan MLS, MLS#479514

Market trends in Petoskey

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
119
11MoM

Price History for 5654 Cherry Ct

DatePriceEventSource
05/27/2026$1,200,000Listed For SaleNorthern Michigan MLS #479514
11/09/2012$32,000Sold
N/A

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Property Tax and Assessment

Year2021
Tax
Assessment$413,800
Home facts updated by county records

Comparable Sales for 5654 Cherry Ct

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3065 Leisure Ln, Boyne City, MI
2.24
Single-Family Home
$405,000
06/18/25
3
2.5
3,216

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 5654 Cherry Ct.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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. "
    0
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  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
    0
    Flag
  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
    0
    Flag
  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
    0
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  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
    0
    Flag
  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
    0
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  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
    0
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  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
    0
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  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
    0
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  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
    0
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  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
    1
    Flag
  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
    1
    Flag
  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
    0
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  • 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."
    7
    Flag
  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
    4
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  • 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 "
    0
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  • 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. "
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  • 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)."
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LGBTQ Local Legal Protections

Clinton Shuman, Real Estate One, (231) 347-6200
Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.
5654 Cherry Ct, Petoskey, MI 49770 is a 4 bedroom, 5 bathroom, 4,882 sqft single-family home built in 2001. This property is currently available for sale and was listed by Northern Michigan MLS on May 27, 2026. The MLS # for this home is MLS# 479514.