9 months on rocket

4244 Lake Grove Rd, Petoskey, MI, 49770

$4,700,000

4 Bedrooms
4 Full Baths, 1 Partial
3,433 SqFt
$1,369/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Attached
Attached Garage2 spaces
Year Built1998
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
WaterfrontDock
FireplaceWood Burning Fireplace
MLS #471616
StatusActive

About 4244 Lake Grove Rd

Tucked away along the royal blue waters of Walloon Lake’s west arm sits this impressive log home. Meticulously constructed, every log carefully selected and placed, this generational home is the epitome of the “casual up north feel with a touch of luxury” so many buyers are looking for today. A spacious and private lot with 115 feet of hard packed sandy frontage is surrounded by gorgeous mature landscaping that features lovingly cared for flower beds of all colors and varieties. Enjoy large and small gathering areas for lots of family fun or intimate time away from the hectic pace of everyday life complete with an outdoor fireplace to gather around on those cozy Walloon nights. The homes great room boasts an impressive wood burning fireplace settled against towering windows filled with beautiful views of Walloon Lake. Enjoy million-dollar sunsets from just about every room in the home while you share meals cooked by the resident chef. Thoughtfully designed to cater to culinary enthusiasts and for social gatherings large and small, the kitchen features include a Thermador range, Sub-Zero fridge, custom Dutch Made cabinetry, a large pantry and more! With three levels, four spacious bedrooms, four full bathrooms, and one-half bath, there is ample room for all your guests. The main floor master bedroom and bath offer convenient one floor living, stunning views and a private patio. In addition to the four bedrooms, a bonus “bunk” room above the garage is staged with younger visitors in mind, complete with its own full bath. The finished lower level hosts another spacious family room, three additional bedrooms and a walkout to the lake. Whether you’re yearning for a private, spacious getaway or an entertainer’s delight, this majestic log home on Walloon Lake provides the perfect setting to create cherished memories for years to come. Conveniently located close to Petoskey, Bay Harbor and all the best shopping and dining the area has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Living Area: 3,433 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Disposal, Range, Refrigerator, Washer, Security System
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Cable, Cathedral Ceiling(s), Ceiling Fan(s), Patio, Sprinkler System, Security System
  • Fireplace: Wood Burning Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Dock
  • Exterior: Deck, Boat Dock, Patio, Sprinklers, Security System

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage-Attached

Virtual/3D Tour

  • Virtual Tour: 4244 Lake Grove Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Dock, Paved, Sprinklers

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Take Lake Grove Road south from Petoskey, home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,700,000
  • Price Per SqFt: $1,369/SqFt
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Housing Market Comparison

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

Med. Sold Price

$430.5K

Med. Price/SqFt

$231

# of Sold Homes

13

4244 Lake Grove Rd vs Petoskey

294 DAYS ON ROCKET

$4,700,000

+$4.2M More

$1,369/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $1.1K/SqFt more than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #471616

Listing Office:

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

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: 5/3/2024, 5:20:31 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 - $892,000
2020 - $854,900
2019 - $794,900
2018 - $864,300
2017 - $823,700

History based on county public records data.

Payment Calculator

$23.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.1K

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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.

Nearby Schools

school-card-donut-5186463
7
/10
  • Sheridan School

  • 1415 Howard St

  • 4.47 miles

  • Public Magnet Grades KG-5

school-card-donut-5186464
8
/10
  • Lincoln School

  • 616 Connable Ave

  • 4.49 miles

  • Public Magnet Grades KG-5

school-card-donut-5186465
8
/10
  • Central Elementary School

  • 410 State St

  • 4.98 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,030. Typical income of Petoskey, MI residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4244 Lake Grove Rd

What is the listing price of this property?

The listing price of 4244 Lake Grove Rd property is $4,700,000.

What type of property is this?

The property 4244 Lake Grove Rd is a house located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 4244 Lake Grove Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4244 Lake Grove Rd has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 4244 Lake Grove Rd is 3,433 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4244 Lake Grove Rd is 1998.
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Rocket HomesMichiganEmmet CountyPetoskey497704244 Lake Grove Rd

This home is located at 4244 Lake Grove Rd in Petoskey, MI and zip code 49770. This 3,433 square foot home was built in 1998. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 13, 2023 and is currently priced at $4,700,000.

Petoskey, MI housing market in April 2024 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 6 sold below. Between March 2024 and April 2024, Petoskey, MI real estate market has seen increase in the number of listings by 36.9%.

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

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