New - 1 day on Rocket
$5,332 Closing Credit¹
#475830, Davis LaBelle, Listing Office: Pat O'Brien & Associates - Boyne City
$399,500 List price
511 Bay Petoskey, MI 49770
$4,744
Closing credit¹
2 beds
1 full, 1 partial
1,480 sqft
$270 / sqft
House
Property details
About 511 Bay
Prime location perfectly situated just a block from the heart of downtown Petoskey in the highly sought after Lower Eastside neighborhood. Walk anywhere in town; just a short stroll to schools, restaurants, shopping, and Little Traverse Bay waterfront million dollar sunsets. This historic home has been extensively updated and features 2 large bedrooms and 1.5 baths, plus a fantastic three-seasons room. Homes in this location are often double or triple the price. You will not find a more affordable option in this location. Great condo alternative! Schedule a tour today so you don't miss this rare opportunity to plant roots in downtown Petoskey. Owner is a licensed real estate agent in the state of Michigan.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Baseboard
StatusActive
CoolingCeiling Fan(s)
Size1,480 sqft
BasementYes
MLS #475324
Summary
- MLS Number: 475324
- Office Name: Gaslight Group Properties
- Listing Agent: Cam Braddock
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information 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 about said listings includes the listing office information. 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 NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,500
511 Bay
$4,744
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Central Elementary School
Public Magnet KG-5
0.4 mi
•410 State St
6
Ottawa Elementary School
Public Magnet KG-5
0.7 mi
•871 Kalamazoo Ave
8
Sheridan School
Public Magnet KG-5
0.9 mi
•1415 Howard 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 $41,078. The majority of Petoskey, MI residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
46%
<35k
33%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
NASCAR
Where do the neighbors shop?
Family Dollar
Kmart
Dollar General
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Cracker Barrel
What do the neighbors drive?
Ford
Buick
Ram
What do the neighbors listen to?
New Country
Oldies
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 511 Bay
This home is located at 511 Bay in Petoskey, MI and zip code 49770. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 8, 2024 and is currently priced at $399,500.
Petoskey, MI housing market in January 2025 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. In January 2025 in Petoskey, MI there were 15.1% more homes for sale than in December.
From Rocket Homes Real Estate and based on county public records data.