$10,000 Closing Credit¹
#476365, Matthew Tamm, Listing office: Kidd & Leavy Real Estate Co. LLC
$960,000 List price
702 Michigan Petoskey, MI 49770
$10,000
Closing credit¹
4 beds
4 full, 1 partial
2,900 sqft
$331 / sqft
House
Property details
About 702 Michigan
Nestled in the heart of downtown Petoskey, this beautifully maintained home blends timeless charm with incredible flexibility. Whether you're searching for a spacious single-family residence or a home with built-in rental income potential, this property delivers. Inside, you'll find gleaming hardwood floors, a generous kitchen that flows seamlessly into an oversized dining area—perfect for gatherings—and a spacious living room anchored by a wood-burning fireplace with exquisite antique detailing. A lovely staircase leads to the second floor, adding character and grace to the home’s layout. Natural light pours through newer windows, creating a warm, inviting atmosphere throughout. The home features two primary suites, an attached two-car garage, a nicely sized yard, and a thoughtful floor plan that offers exceptional versatility. With a simple turn of a key, the second floor can function as a separate apartment, complete with its own sunny living room, efficient kitchen, and second-floor laundry. Whether you choose to enjoy the entire home or live on one level while renting the other, this is downtown living with flexibility and charm—just blocks from shops, dining, and everything Petoskey has to offer.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCeiling Fan(s)
Size2,900 sqft
BasementYes
ParkingGarage-Attached
MLS #476485
Attached garage2 spaces
FireplaceWood Burning Fireplace
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Microwave, Ceiling Fan(s), Dishwasher, Dryer, Disposal, Range, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Wood
- Interior: Cable, Ceiling Fan(s), Patio
- Fireplace: Wood Burning Fireplace
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Garage-Attached
- Exterior: Patio
- Heating: Natural Gas, Forced Air
- Cooling: Ceiling Fan(s)
- List Price: $960,000
- Price/SqFt: $331
- Lot: Paved
- Directions: Corner of Michigan and Harvey St.
- Living Area: 2,900 SqFt
- MLS Number: 476485
- Office Name: Bay North Realty Co.
- Listing Agent: David Shuman
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: 6/18/2025, 7:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$960,000
702 Michigan
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
7
Central Elementary School
Public Magnet KG-5
0.3 mi
•410 State St
6
Ottawa Elementary School
Public Magnet KG-5
0.4 mi
•871 Kalamazoo Ave
8
Sheridan School
Public Magnet KG-5
0.7 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 $50,772. The most common annual income of people living in Petoskey, MI is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
24%
<35k
60%
35k-100k
12%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
8%
Single, with Kids
26%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Soccer
NASCAR
PGA/LPGA
Where do the neighbors shop?
Old Navy
Dick's Sporting Goods
Stein Mart
Where do the neighbors go to eat?
Jimmy Johns
Arbys
Cracker Barrel
What do the neighbors drive?
GMC
Lexus
Lincoln
What do the neighbors listen to?
New Country
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 702 Michigan
The listing price of 702 Michigan property is $960,000.
The property 702 Michigan is a house located in Petoskey, Michigan, 49770.
Active Listing: 702 Michigan is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 702 Michigan are: Central Elementary School (GreatSchools Rating 7/10), Ottawa Elementary School (GreatSchools Rating 6/10), Sheridan School (GreatSchools Rating 8/10), Petoskey Middle School (GreatSchools Rating 7/10), Harbor Springs Middle School (GreatSchools Rating 6/10), Boyne City Middle School (GreatSchools Rating 6/10), Petoskey High School (GreatSchools Rating 8/10), Concord Academy Petoskey (GreatSchools Rating 6/10), Harbor Springs High School (GreatSchools Rating 6/10).
The property at 702 Michigan has 4 bedrooms and 4 full and 1 half bathrooms.
The property 702 Michigan is 2,900 SqFt (source: MLS/tax record).
This home is located at 702 Michigan in Petoskey, MI and zip code 49770. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $960,000.
In May 2025 more than 1 listings in Petoskey, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Petoskey, MI increased by 43.3% between April and May 2025.
From Rocket Homes Real Estate and based on county public records data.