2 months on rocket

705 Homestead Ct, Petoskey, MI, 49770

$46,000

0.50 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #473070
Lot Size0.50 Acres
StatusActive

About 705 Homestead Ct

Sunsets over Lake Michigan are what Petoskey is known for and the view of that natural wonder from this elevated building site captures the lake and the setting sun beautifully. This Large walkout building site in an area of luxury homes on the northeast side of town is the perfect place to invest in your Northern Michigan dream. With low Township taxes and only $300 a year in association dues it’s not just the view that makes this offering attractive, it may be the most affordable sunset view lot in the entire region. Add in that you are an easy drive to Downtown Petoskey's Gaslight District, plus directly adjacent to the short cut to M-119 which takes you towards Harbor Springs, and it’s no wonder this location is a hotspot for year-round residents and Resort users alike. The home next to this lot is also for sale (715 Homestead Court) by the same owners. Contact for more information today.

Property Details

Property Features

Listing Office:

  • Office Name: Gaslight Group Properties
  • Listing Agent: Michael "Mac" McCarthy

Lot Features

Lot Information:

  • Lot: Electric Fence, Gentle Sloping
  • Lot Size: 0.50 Acres

Other

Directions Information:

  • Directions: Take Country Club Road in Petoskey past Boyer to Homestead Ct (look for Horizon Heights sign) Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $46,000
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Housing Market Comparison

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

Med. Sold Price

$438.3K

Med. Price/SqFt

$231

Avg. Days On Market

14

# of Sold Homes

15

705 Homestead Ct vs Petoskey

76 DAYS ON ROCKET

+62 Days

$46,000

-$392.3K Less

KEY TAKEAWAY

This property is $392.3K less than the Median Sold Price in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #473070

Listing Office:

  • Office Name: Gaslight Group Properties
  • Listing Agent: Michael "Mac" McCarthy

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: 4/27/2024, 5:25:15 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 - $23,800
2020 - $23,800
2019 - $29,700
2018 - $30,600
2017 - $35,800

History based on county public records data.

Payment Calculator

$297

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$204

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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.

Nearby Schools

school-card-donut-1047291
7
/10
  • Ottawa Elementary School

  • 871 Kalamazoo Ave

  • 2.14 miles

  • Public Magnet Grades KG-5

school-card-donut-1047292
8
/10
  • Central Elementary School

  • 410 State St

  • 2.64 miles

  • Public Magnet Grades PK-5

school-card-donut-1047293
7
/10
  • Sheridan School

  • 1415 Howard St

  • 2.87 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,985. The majority of Petoskey, MI residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 Homestead Ct

What is the listing price of this property?

The listing price of 705 Homestead Ct property is $46,000.

What type of property is this?

The property 705 Homestead Ct is land located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 705 Homestead Ct is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 705 Homestead Ct is 0.50 acres.
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Rocket HomesMichiganEmmet CountyPetoskey49770705 Homestead Ct

This home is located at 705 Homestead Ct in Petoskey, MI and zip code 49770. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $46,000.

While more than 2 listings in Petoskey, MI in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 11 were sold below. The inventory of homes for sale in Petoskey, MI between February 2024 and March 2024 increased by 10.8%. In March 2024 median list price was $438,316 and the average listing age was 14 days.

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

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