Property details
About 3221 Krause Rd
40-ACRES OF BEAUTIFUL HARDWOOD FOREST...PLUS A ''COMFORTABLE'' FAMILY COTTAGE. Located at one of the highest points of Emmet County, you'll drive on the long curving drive, through your own forest until you reach the Family Compound, surrounded by quiet, pristine woods! The 1,930 sq ft Cottage is the just perfect Bunkhouse for a large family, plus many guests. YES, all the deer on the property, become yours! The main floor of the Cottage has a large living room, the kitchen, a dining area and a great big woodburning stove, which keeps the whole house warm and toasty! The Adult Bunk room has 3 beds. The half-bath is also on the main floor. The upper level houses the children's bunk room with 9 full beds, a queen and baby crib. The 1,200 square foot cement block basement, has the ground level exit door, plus windows. Wonderful front porch across the entire front. Perfect for enjoying company an entertaining. There's also a 30' by 24'-foot barn which serves as the garage for vehicles and all your toys. Furnishings are all included per list provided. Electricity and fiber optic cable are underground. YES, the hardwood can be harvested at proper intervals for income from the property.
Highlights
Summary
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- Attached Garage: No
- Exterior: Hunting Camp, Hunting Prop, Patio/Porch
- Architectural Style: 2+ Story
- Heating: Wood, Wood Stove
- List Price: $598,000
- Directions: From Petoskey, take Greenwood Church Road to Krause Road. Watch for sign.
- Year Built: 2003
- Lot Size: 40 Acres
- MLS Number: 201835125
- MLS Name: Water Wonderland Board of REALTORS®
- Office Name: Petoskey Real Estate Group
- Office Phone: (231) 409-9119
- Listing Agent: Joe Blachy
© 2025 Water Wonderland MLS, Inc © All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 10:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $129,100 | $- |
| 2023 | $110,800 | $- |
| 2022 | $54,400 | $- |
| 2021 | $54,400 | $- |
| 2020 | $54,400 | $- |
| 2019 | $54,400 | $- |
| 2018 | $56,900 | $- |
| 2017 | $56,600 | $- |
History based on county public records data.
Nearby schools
6
Ottawa Elementary School
Public Magnet KG-5
3.9 mi
•871 Kalamazoo Ave
8
Sheridan School
Public Magnet KG-5
4.1 mi
•1415 Howard St
7
Central Elementary School
Public Magnet KG-5
4.4 mi
•410 State St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,985. Residents of Petoskey, MI typically earn between $35k-100k each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
About 3221 Krause Rd
The listing price of 3221 Krause Rd property is $598,000.
The property 3221 Krause Rd is a house located in Petoskey, Michigan, 49770.
Active Listing: 3221 Krause Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3221 Krause Rd are: Ottawa Elementary School (GreatSchools Rating 6/10), Sheridan School (GreatSchools Rating 8/10), Central Elementary School (GreatSchools Rating 7/10), Petoskey Middle School (GreatSchools Rating 7/10), Harbor Springs Middle School (GreatSchools Rating 6/10), Boyne City Middle School (GreatSchools Rating 6/10), Concord Academy Petoskey (GreatSchools Rating 6/10), Petoskey High School (GreatSchools Rating 8/10), Harbor Springs High School (GreatSchools Rating 6/10).
The property at 3221 Krause Rd has 3 bedrooms and 0 bathroom.
The year of construction for 3221 Krause Rd is 2003.
This home is located at 3221 Krause Rd in Petoskey, MI and zip code 49770. Features: 3 bedrooms, 0 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $598,000.
While more than 10 listings in Petoskey, MI in June 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 18 were sold below. The inventory of homes for sale in Petoskey, MI between May and June 2025 increased by 33.3%. While the average time on the market in June 2025 was 40 days, the median list price was $489,000.