8723 E Mitchell Rd, Petoskey, MI 49770
OFF MARKET

$392,900

Trulia Estimate
  • Studio
  • 3 Baths
  • 1,680 sqft (on 4.80 acres)

8723 E Mitchell Rd, Petoskey, MI 49770

Est. Refi. Payment $2,524/mo*
Refinance Your Home
Currently Off Market - Sold Jun 5, 2015 for $158,000

Home Value

Trulia Estimate
$393K
Since last month
Decreased$700 (-0.2%)
Since last year
Increased$22K (+6%)
Since last sale
Increased$235K (+148.7%)
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 +130% in the last 10 years
MonthEstimated value
2026
September 2026$393K
August 2026$394K
July 2026$390K
June 2026$397K
May 2026$400K
April 2026$390K
March 2026$389K
February 2026$374K
January 2026$367K
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
8118 E Mitchell Rd, Petoskey, MI
0.68
Single-Family Home
$295,000
06/30/26
3
2
1,883
8230 E Mitchell Rd, Petoskey, MI
0.59
Single-Family Home
$147,500
01/22/26
3
2
1,224
1071 Roy Rd, Petoskey, MI
0.29
Single-Family Home
$935,000
07/30/26
6
5
5,394
520 Franklin Ests, Petoskey, MI
1.10
Single-Family Home
$289,000
12/11/25
3
2
960
7858 Thunder Trl, Petoskey, MI
1.11
Single-Family Home
$775,000
11/07/25
4
3
4,419
9410 Pickerel Lake Rd, Petoskey, MI
1.04
Single-Family Home
$240,000
07/31/26
3
2
1,200
547 Franklin Estates Dr, Petoskey, MI
1.02
Single-Family Home
$475,000
11/07/25
3
2
1,350
547 FRANKLIN ESTS #28, PETOSKEY, MI
1.03
Single-Family Home
$475,000
11/07/25
3
2
1,350
973 S Ellsworth Rd, Petoskey, MI
0.35
Single-Family Home
$252,000
01/20/26
-
-
281 Blanchard Rd, Petoskey, MI
1.75
Single-Family Home
$315,000
01/20/26
4
3
1,594

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
862 S Ellsworth Rd, Petoskey, MI 49770
0.12
$433,300
3
2
3,500
Off Market
1071 Roy Rd, Petoskey, MI 49770
0.29
$935,000
6
5
5,394
Recently Sold
8878 Spring Ridge Dr, Petoskey, MI 49770
0.36
$34,500
-
-
-
For Sale
8838 Spring Ridge Dr, Petoskey, MI 49770
0.36
$34,500
-
-
-
For Sale
8922 Cedar Creek Dr, Petoskey, MI 49770
0.46
$49,900
-
-
-
For Sale
8904 Cedar Creek Dr, Petoskey, MI 49770
0.47
$49,900
-
-
-
For Sale
8886 Cedar Creek Dr #85, Petoskey, MI 49770
0.47
$49,900
-
-
-
For Sale
8832 Cedar Creek Dr, Petoskey, MI 49770
0.48
$49,900
-
-
-
For Sale
8796 Cedar Creek Dr, Petoskey, MI 49770
0.50
$49,900
-
-
-
For Sale
8877 Cedar Creek Dr, Petoskey, MI 49770
0.52
$39,900
-
-
-
For Sale
8805 Cedar Creek Dr, Petoskey, MI 49770
0.54
$519,000
4
3
2,020
For Sale
8805&8823 Cedar Creek Dr, Petoskey, MI 49770
0.54
$519,000
3
2
2,020
For Sale

Local Information

  • Map ViewExplore the area around 8723 E Mitchell Rd.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
4.8 acre lot
1,680 sqft
$234/sqft

About this House

Convenient ranch floor plan and very nice quality! Open, split floor plan, kitchen with great bar counter, spacious master suite with large walk-in closet, nice bedroom sizes. Full unfinished lower level with egress window for possible 4th bedroom. Well maintained and ready to move in. Situated nicely off the road on 4.8 acres....plenty of room for polebuilding!
8723 E Mitchell Rd, Petoskey, MI 49770 is a studio, 3 bathroom, 1,680 sqft single-family home. It last sold for $158,000 on Jun 5, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $392,900, with a rent estimate of $2,950/month.

Home Details for 8723 E Mitchell Rd

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 4.80 acres

Price and Tax history

DateEventPrice
Jun 5, 2015
Source: N/A
Sold
$158,000
Mar 24, 2008
Source: N/A
Sold
$120,500

Market trends in Petoskey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$455K
$1.17KMoM
Sale-to-List Price
—
Price per sq ft
$270
$24MoM
Available listings
182
8MoM

Around this home

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 "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
    0
    Flag
  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
    0
    Flag
  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
    0
    Flag
  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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. "
    0
    Flag
  • 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)."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 8723 E Mitchell Rd

  • What is 8723 E Mitchell Rd estimated to be worth?
    Trulia's estimated value for 8723 E Mitchell Rd in Petoskey, MI is $392,900.
  • What is the price history for 8723 E Mitchell Rd?
    8723 E Mitchell Rd in Petoskey, MI last sold for $158,000 in June 2015.
  • 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 $455K. That is up $1.17K from the prior month.
  • How big is the lot at 8723 E Mitchell Rd?
    The lot at 8723 E Mitchell Rd in Petoskey, MI is about 4.8 acres.

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