2 months on rocket

7404 N Preserve Dr, Bay Harbor, MI, 49770

$5,400,000

4 Bedrooms
4 Full Baths, 1 Partial
9,689 SqFt
$557/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Attached
Attached Garage3 spaces
Year Built2021
HeatingNatural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceGas Fireplace
MLS #473095
StatusActive

About 7404 N Preserve Dr

Located in the private and gated Preserve community, this sprawling custom home is surrounded by mature trees and sits on a perfectly landscaped lot with breathtaking views of Lake Michigan. The living room boasts cathedral ceilings, hardwood floors, floor to ceiling gas fireplace with built ins, and an abundance of natural light. The kitchen is open to the living room for easy entertaining with granite countertops, custom cabinetry, ZLine 6 burner gas range, and large island. Enjoy the wet bar that’s just off the formal dining room, and an additional sitting room rounds out the center of the home and offers access to the sprawling deck where you will relax and unwind while watching the famous northern Michigan sunsets sink into the water. The main floor master suite has two walk in closets, dual vanities, soaker tub, and tile shower. Two more en-suites and an office are on the main level, and upstairs is a sitting room and massive bonus room above the garage that you can finish to your liking. Just off the garage entry is the laundry room and butler’s panty with full kitchen. The finished lower level offers more space for entertaining with a large family room, bar area for serving all your favorite cocktails, workout room with sauna, second office, wine cellar, fourth en-suite, and a hobby room. Walk out to the lower level covered patio and enjoy a soak in the hot tub or roast marshmallows on your fire pit patio overlooking Lake Michigan. The main level and lower level offices and hobby room could all be converted to additional bedrooms if extra space is needed, making this a 7 bedroom home. An oversized three car garage will house all your vehicles and toys. On Preserve Drive, you are surrounded by peace and tranquility with close proximity to the Village of Bay Harbor and downtown Petoskey. This location can't be beat! Experience all the amenities that Bay Harbor offers while enjoying seclusion and privacy.

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Living Area: 9,689 SqFt

Listing Office:

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

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Sauna, Security System

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage-Attached

Virtual/3D Tour

  • 3D Tour: 7404 N Preserve Dr

3D Tour

Lot Features

Lot Information:

  • Lot: Paved

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Bay Harbor Preserve entrance, left onto Preserve Drive N, home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,400,000
  • Price Per SqFt: $557/SqFt
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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

7404 N Preserve Dr vs Petoskey

71 DAYS ON ROCKET

+57 Days

$5,400,000

+$4.9M More

$557/SqFt

+$326 More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price and $326/SqFt more than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #473095

Listing Office:

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

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, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$27K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.2K

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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-972861
8
/10
  • Lincoln School

  • 616 Connable Ave

  • 5.83 miles

  • Public Magnet Grades KG-5

school-card-donut-972862
7
/10
  • Sheridan School

  • 1415 Howard St

  • 6.50 miles

  • Public Magnet Grades KG-5

school-card-donut-972863
8
/10
  • Central Elementary School

  • 410 State St

  • 6.55 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,471. Typical income of Petoskey, MI residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7404 N Preserve Dr

What is the listing price of this property?

The listing price of 7404 N Preserve Dr property is $5,400,000.

What type of property is this?

The property 7404 N Preserve Dr is a house located in Bay Harbor, Michigan, 49770.

Is this property for sale now?

Active Listing: 7404 N Preserve Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7404 N Preserve Dr has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 7404 N Preserve Dr is 9,689 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7404 N Preserve Dr is 2021.
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Rocket HomesMichiganEmmet CountyPetoskey497707404 N Preserve Dr

This home is located at 7404 N Preserve Dr in Bay Harbor, MI and zip code 49770. This 9,689 square foot home was built in 2021. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $5,400,000.

In March 2024 more than 2 listings in Petoskey, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 11 were sold below. The number of homes for sale in Petoskey, MI increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $438,316.

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

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