887 Red Oak Way, Petoskey, MI 49770
OFF MARKET

$336,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,400 sqft

887 Red Oak Way, Petoskey, MI 49770

Est. Refi. Payment $2,041/mo*
Refinance Your Home

Home Value

Trulia Estimate
$337K
Since last month
Increased$24K (+7.3%)
Since last year
Decreased$40K (-10.1%)
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 +30% in the last 10 years
MonthEstimated value
2026
August 2026$352K
July 2026$328K
June 2026$375K
May 2026$367K
April 2026$360K
March 2026$376K
February 2026$351K
January 2026$375K
2025
2024
2023
2022
2021
2020

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
2188 Cemetery Rd, Petoskey, MI
0.82
Single-Family Home
$387,000
09/05/25
3
2
1,344
2755 Crestview Dr, Petoskey, MI
0.86
Single-Family Home
$230,000
04/06/26
3
2
1,350
1411 Highland Dr, Petoskey, MI
1.04
Single-Family Home
$333,800
11/10/25
3
1.5
1,751
2283 US Highway 131, Petoskey, MI
0.48
Single-Family Home
$246,000
01/27/26
2
2
840
1578 Castle Dr, Petoskey, MI
0.94
Single-Family Home
$450,000
06/01/26
3
3
2,300
202 Wesley St, Petoskey, MI
1.06
Single-Family Home
$310,000
01/06/26
3
1
1,130
712 Lookout St, Petoskey, MI
1.47
Single-Family Home
$892,625
09/29/25
2
2
1,966
524 Cherry St, Petoskey, MI
1.37
Single-Family Home
$394,000
10/03/25
4
2
1,622
1120 Waukazoo Ave, Petoskey, MI
1.24
Single-Family Home
$350,000
06/30/26
2
1
768
3293 Annies Way, Petoskey, MI
1.44
Single-Family Home
$495,000
07/23/26
3
2
1,787
Home facts updated by county records

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
773 Red Oak Way, Petoskey, MI 49770
0.14
$499,000
2
2
1,680
For Sale
2015 Woods Ln #46, Petoskey, MI 49770
0.11
$459,000
3
2
2,400
For Sale
2015 Woods Ln, Petoskey, MI 49770
0.11
$469,000
3
2
2,400
For Sale
705 Maple Creek Blvd, Petoskey, MI 49770
0.17
$429,900
2
2.5
1,841
For Sale
2067 Woods Ln, Petoskey, MI 49770
0.17
$203,100
2
1
900
Off Market
1041 Woods Ct #10, Petoskey, MI 49770
0.22
$489,000
3
2
2,125
For Sale
2193 Woods Ln, Petoskey, MI 49770
0.25
$436,000
3
2
2,110
Recently Sold
2194 Woods Ln, Petoskey, MI 49770
0.26
$485,000
3
3
2,200
For Sale
763 Intertown Rd, Petoskey, MI 49770
0.56
$233,900
3
2
1,191
Off Market
2523 Howard Rd, Petoskey, MI 49770
0.59
$530,000
5
1.5
3,078
For Sale
200 Lakewood Ct, Petoskey, MI 49770
0.62
$50,000
-
-
-
For Sale
2555 Howard Rd, Petoskey, MI 49770
0.63
$165,000
2
1
850
For Sale

Local Information

  • Map ViewExplore the area around 887 Red Oak Way.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2018
Living Area
1,400 sqft
Price/Sqft
$241

About this House

Brand new home just completed and ready for immediate occupancy!! This home features 2 bedrooms, 2 bathrooms, 2 car attached garage, main floor living and many energy efficient upgrades. Conveniently located just outside Petoskey City limits in close proximity to shopping, restaurants and hospital..
887 Red Oak Way, Petoskey, MI 49770 is a 2 bedroom, 2 bathroom, 1,400 sqft single-family home built in 2018. More recently, it was listed as a rental in February 2024 with an asking price of $2,725 per month. That rental listing was removed on March 4, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $336,900, with a rent estimate of $2,425/month.

Home Details for 887 Red Oak Way

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Appliances & Utilities
Cable ReadyDishwasherDisposalRefrigerator

Property Information

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

Exterior Features

Exterior Home Features
PatioSprinkler System

Price and Tax history

DateEventPrice
Mar 4, 2024
Source: Zillow Rentals
ListingRemoved
Feb 21, 2024
Source: Zillow Rentals
Listed For Rent
$2,725
Jul 26, 2017
Source: Agent Provided
ListingRemoved
$55,000
Jul 24, 2017
Source: Agent Provided
Listed For Sale
$55,000
Oct 11, 2016
Source: Agent Provided
ListingRemoved
$55,000

Market trends in Petoskey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$6.67KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
190
19MoM

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 887 Red Oak Way

  • What is 887 Red Oak Way estimated to be worth?
    Trulia's estimated value for 887 Red Oak Way in Petoskey, MI is $336,900.
  • 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.
  • What do residents say about Petoskey?
    Residents describe Petoskey, MI as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Petoskey, MI.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Washer/dryer

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