18 days on rocket

8395 Bear Cove Ln, Petoskey, MI, 49770

$247,500

0.80 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #473725
Lot Size0.80 Acres
StatusActive

About 8395 Bear Cove Ln

This is a rare opportunity--a buildable lot with access to Walloon Lake! With just under an acre of beautifully wooded land, this is your opportunity to get on the lake. Your lake access and dock are just a short stroll down a nearby improved path. Bear Cove Village is a small association of just 12 members. Amenities include a dock slip, deck on the lake, kayak storage rack, tennis courts, a gazebo & firepit, and some shared space and trails. Annual dues are low at only $500/yr and appx $1500/yr on the dock. Gas, electric, and 1GB truestream fiber optic are available at the road. Have a nearby home and looking for access to Walloon? Buying nearby, but want lake access? Or just looking for the perfect Up North vacant lot? This is your place! Call for details!

Property Details

Property Features

Listing Office:

  • Office Name: Kidd & Leavy Real Estate Co. LLC
  • Listing Agent: Dave Carlson

Lot Features

Lot Information:

  • Lot: Paved, Rolling/Hilly
  • Lot Size: 0.80 Acres

School Info

Assigned Schools Information:

  • Boyne City High School, Public District Grades 8-12
  • Boyne City Middle School, Public District Grades 5-8
  • Boyne City Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: From US-31 between Petoskey and Charlevoix: Across from Bay Harbor, turn south on Camp Daggett, left onto St Louis Club, right onto Bear Cove Ln, lot is on right, accessible via marked easement near signs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $247,500

Tax Information:

  • Annual Amount: $850
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Petoskey, MI.

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Petoskey, MI

City

Med. Sold Price

$430.5K

Med. Price/SqFt

$231

# of Sold Homes

13

8395 Bear Cove Ln vs Petoskey

18 DAYS ON ROCKET

$247,500

-$183K Less

KEY TAKEAWAY

This property is $183K less than the Median Sold Price in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #473725

Listing Office:

  • Office Name: Kidd & Leavy Real Estate Co. LLC
  • Listing Agent: Dave Carlson

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. © 2024 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: 5/29/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$850$20,000
2020 - $20,000
2019 - $20,000
2018 - $20,000

History based on county public records data.

Payment Calculator

$1,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$809

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4072919
6
/10

  • Boyne City Elementary School

  • 930 Brockway St

  • 8.45 miles

  • Public District Grades KG-4

Middle School

school-card-donut-4072920
6
/10

  • Boyne City Middle School

  • 1025 Boyne Ave

  • 8.41 miles

  • Public District Grades 5-8

High School

school-card-donut-4072921
6
/10

  • Boyne City High School

  • 1035 Boyne Ave

  • 8.61 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,709. Residents of Petoskey, MI typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8395 Bear Cove Ln

What is the listing price of this property?

The listing price of 8395 Bear Cove Ln property is $247,500.

What type of property is this?

The property 8395 Bear Cove Ln is land located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 8395 Bear Cove Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8395 Bear Cove Ln are:
Boyne City Elementary School: GreatSchools Rating 6/10
Boyne City Middle School: GreatSchools Rating 6/10
Boyne City High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $850 (source: MLS/based on county public records data).

How much acreage is this property?

The property 8395 Bear Cove Ln is 0.80 acres.
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Rocket Homes›Michigan›Emmet County›Petoskey›49770›8395 Bear Cove Ln

This home is located at 8395 Bear Cove Ln in Petoskey, MI and zip code 49770. This home sits on a 0.80 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $247,500.

In April 2024 more than 3 listings in Petoskey, MI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Petoskey, MI increased by 36.9% between March 2024 and April 2024.

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

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