$14,499,000

850 W Bear River Rd Petoskey, MI 49770

4 beds
6 full, 1 partial
14,636 sqft
$991 / sqft
House

Property details

About 850 W Bear River Rd

An absolute stunning newer home on Walloon Lake being offered for the first time. This custom craftsman style post and beam built home is truly a one-of-a-kind. As you enter the home you are amazed by the imported arched reclaimed Douglas fir beams that span over 30 foot ceilings in the great room. The main and upper level finishes include a mixture of wormy maple walls, coffered ceilings, broad and batten, accompanied by Van Tassell granite accents, split stone floors, and hickory stairs. Designer kitchen features knotty alder cabinets, granite countertops and state of the art appliances. Just off the kitchen there is a butler's pantry and custom built wine cellar. Main level study with custom built-in cabinetry and tin accented ceilings. The upper level features two bedrooms plus large guest suite with a full kitchen and separate access. The loft is a cozy living area great for watching movies or relaxing with a good book. Beautiful master suite has a gas fireplace and sitting nook great for morning coffee, large master bathroom with his and hers closets, and inlaid marble flooring. The lower level has many fun features and is perfect for entertaining. Full size bar, media/bunk room, and fitness room with a steam/sauna shower with adjoining bath. There is also a project area and large storage room and golf simulator which can also be used for larger viewing projections. Open living and gaming areas surround a three sided fireplace. The oversized three car garage is equipped with a car hoist that is capable of storing a fourth car in the lower level and plenty of extra storage space. Other notable features are the iconic boathouse with two boat wells and a waterside gazebo. Western exposure with 387’ of prime lakefront, manicured landscaped grounds and a heated driveway. High-efficiency geothermal HVAC with in-floor heat and forced conditioned air. This home is truly one of Walloon Lake's most exquisite properties ever offered.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air, Floor Furnace, Geothermal
StatusActive
CoolingCeiling Fan(s), Central Air
Size14,636 sqft
BasementYes
Year built2018
ParkingGarage-Attached
MLS #475791
Attached garage4 spaces
WaterfrontDock
FireplaceGas Fireplace, Wood Stove

Virtual tour

Summary

  • MLS Number: 475791
  • Office Name: Harbor Sothebys International Realty
  • Listing Agent: Brad Rellinger

IDX 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, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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dock area with a gazebo and a water view

$14,499,000

850 W Bear River Rd

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Price information

Property sales

DateEventPrice
Apr 28, 2014
Home Sold
$1,827,500

Tax history

YearAssessmentProperty Tax
2024$4,827,600$-
2023$3,997,000$-
2022$3,747,500$-
2021$3,573,200$-
2020$3,324,400$-
2019$3,166,700$-
2018$2,631,600$-
2017$1,399,400$-

History based on county public records data.

Nearby schools

8

Sheridan School

Public Magnet KG-5

4.9 mi

1415 Howard St

6

Ottawa Elementary School

Public Magnet KG-5

5.3 mi

871 Kalamazoo Ave

7

Central Elementary School

Public Magnet KG-5

5.5 mi

410 State St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $79,897. The most common annual income of people living in Petoskey, MI is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
43%
35k-100k
23%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
8%
Single, with Kids
39%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 850 W Bear River Rd

This home is located at 850 W Bear River Rd in Petoskey, MI and zip code 49770. This 14,636 square foot home was built in 2018. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $14,499,000.

In January 2025 more than 4 listings in Petoskey, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. Between December and January 2025, Petoskey, MI real estate market has seen increase in the number of listings by 15.1%.

From Rocket Homes Real Estate and based on county public records data.

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