818 E  Lake St, Petoskey, MI 49770
OFF MARKET

$794,900

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,600 sqft (on 0.33 acres)

818 E Lake St, Petoskey, MI 49770

Est. Refi. Payment $4,807/mo*
Refinance Your Home
Currently Off Market - Sold Aug 26, 2020 for $480,000

Home Value

Trulia Estimate
$795K
Since last month
Increased$20K (+2.6%)
Since last year
Increased$2K (+0.3%)
Since last sale
Increased$325K (+67.7%)
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 +211% in the last 10 years
MonthEstimated value
2026
August 2026$805K
August 2026$803K
July 2026$784K
June 2026$802K
May 2026$812K
April 2026$823K
March 2026$803K
February 2026$802K
January 2026$767K
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
0.25
Single-Family Home
$480,000
06/25/26
4
2
1,500
0.19
Single-Family Home
$785,000
01/14/26
3
2
2,900
0.42
Single-Family Home
$892,625
09/29/25
2
2
1,966
0.77
Single-Family Home
$464,000
04/29/26
4
2
2,250
0.65
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
0.53
Single-Family Home
$394,000
10/03/25
4
2
1,622
0.26
Single-Family Home
$512,000
05/27/26
3
1.5
1,446
0.28
Single-Family Home
$185,000
09/05/25
4
1
1,836
0.11
Single-Family Home
$999,000
01/05/26
4
2.5
3,861
0.73
Single-Family Home
$225,000
03/27/26
2
2.5
600

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
0.14
$507,100
3
2
2,232
Off Market
0.19
$1,875,000
6
3.5
5,653
For Sale
0.20
$431,500
3
1
1,120
Off Market
0.25
$480,000
4
2
1,500
Recently Sold
0.26
$512,000
3
1.5
1,446
Recently Sold
0.28
$1,175,000
4
4.5
3,336
For Sale
0.28
$187,200
4
1
1,836
Off Market
0.30
$373,000
3
2.5
1,788
Off Market
0.33
$499,000
4
2
1,800
For Sale
0.36
$1,795,000
3
2.5
2,322
For Sale
0.39
$223,500
4
1
1,450
Off Market
0.41
$321,400
4
1
1,425
Off Market

Local Information

  • Map ViewExplore the area around 818 E Lake St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1931
Lot Size
0.33 acres
Living Area
2,600 sqft
Price/Sqft
$306
Parking
Garage

About this House

Classic American Four Square Architecture on a mammoth double lot (100 x 143) located on Petoskey's coveted upper east side where young families and retirees have been making significant investments based on proximity to the bustling Gaslight District and walkability to 6 different schools. This recently renovated home is in move-in condition and boasts 4 bedrooms and 3.5 baths, but the real value here lies in the lot. On the sun drenched east and south side of this home there is room for most of what your imagination can conjure. Petoskey is a town of mostly 50 foot lots and stringent zoning laws that leave little room for site expansion, so having this much room is a tremendously valuable asset both now and in the future. Only one block to the Winter Sports Park, Petoskey's 4 seasons recreation area, and just up the hill from the famed Little Traverse Wheelway. This is classic northern Michigan living on a special lot and in the best area of Petoskey. Call today for more details and a personal COVID-19 conscious tour.
818 E Lake St, Petoskey, MI 49770 is a 4 bedroom, 3 bathroom, 2,600 sqft single-family home built in 1931. It last sold for $480,000 on Aug 26, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $794,900, with a rent estimate of $3,624/month.

Home Details for 818 E Lake St

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room, Family Room, Master Bath, Sun RoomCeiling Fan
Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerRefrigeratorWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Shingle, WoodLawnPatio
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1931Year Updated: 2018
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.33 acres

Price and Tax history

DateEventPrice
Aug 26, 2020
Source: N/A
Sold
$480,000
May 22, 2020
Source: Agent Provided
Listed For Sale
$499,000

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 818 E Lake St

  • What is 818 E Lake St estimated to be worth?
    Trulia's estimated value for 818 E Lake St in Petoskey, MI is $794,900.
  • What is the price history for 818 E Lake St?
    818 E Lake St in Petoskey, MI last sold for $480,000 in August 2020.
  • 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 818 E Lake St have laundry facilities?
    Yes, 818 E Lake St in Petoskey, MI has in-unit laundry.
  • How big is the lot at 818 E Lake St?
    The lot at 818 E Lake St in Petoskey, MI is about 0.33 acres (14,300 sq ft).

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