Krause Rd, Petoskey, MI 49770
Property image
Property image
FOR SALE
20 ACRES

$165,000

    Krause Rd, Petoskey, MI 49770

    Est. Mortgage $1,057/mo*
    Get Pre-Qualified

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    20 acres

    Local Information

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

    About this House

    Beautiful 20-acre parcel on seasonal road. Property is subject to a 30-foot-wide easement for ingress, egress, and utilities. Electric utilities available at road.
    Last check for updates: about 1 hour ago
    Listing courtesy of Jack Vantreese
    Jack Van Treese & Assoc.., (231) 347-3943
    Source: Northern Michigan MLS, MLS#479992

    Home Details for Krause Rd

    Exterior Features

    Frontage
    Not on Waterfront

    Days on Market

    Days on Market: 62

    Property Information

    Property Type / Style
    Property Type: Land

    Price & Status

    Price
    List Price: $165,000

    Active Status

    MLS Status: Active

    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: 479992

    HOA

    No HOA

    Lot Information

    Lot Area: 20 Acres

    Miscellaneous

    Mls Number: 479992

    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 "
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    • 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
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    • Rick Pawley
      "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
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    • 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
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    • 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"
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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 "
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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
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    • Kendrasgreen21
      "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
      1
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    • Emily C.
      "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
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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
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    • 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 "
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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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    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

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    575 Harbor View Ln, Petoskey, MI
    3.50
    Lot/Land
    $99,000
    08/28/26
    -
    -
    1275 Lone Oak Ct, Petoskey, MI
    4.64
    Lot/Land
    $15,000
    08/28/26
    -
    -

    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
    4456 Mountain View Trl, Boyne Falls, MI 49713
    0.78
    -
    -
    -
    -
    Off Market
    Mountain View Trl, Boyne Falls, MI 49713
    0.87
    $139,900
    -
    -
    -
    For Sale
    3731 Cedar Valley Road, Petoskey, MI 49770
    1.27
    $417,000
    3
    2
    1,900
    Off Market
    4714 Brubaker Rd, Petoskey, MI 49770
    1.29
    $535,200
    4
    3
    2,532
    Off Market
    Evergreen Trl, Petoskey, MI 49770
    1.51
    -
    -
    -
    -
    Off Market

    Price and Tax history

    DateEventPrice
    Jul 2, 2026
    Source: Northern Michigan MLS #479992
    		Listed For Sale
    $165,000

    LGBTQ Local Legal Protections

    Jack Vantreese, Jack Van Treese & Assoc.., (231) 347-3943
    Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about Krause Rd

    • How big is Krause Rd?
      Krause Rd in Petoskey, MI is about 20 acres.
    • What is the price per acre for Krause Rd?
      Krause Rd in Petoskey, MI is listed at $165,000, or about $8,250 per acre.
    • 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 homes for sale in Petoskey, MI.
    • What are the closest schools to Krause Rd?
      The closest schools to Krause Rd in Petoskey, MI are Central Elementary School (rated 8/10), Lincoln School (Elementary, rated 10/10), Ottawa Elementary School (Pre-K, rated 6/10).
    Krause Rd, Petoskey, MI 49770 is a lot/land. This property is currently available for sale and was listed by Northern Michigan MLS on Jul 2, 2026. The MLS # for this home is MLS# 479992.