$699,000

1040 Kemp Rd Petoskey, MI 49770

Estimated payment $3,815/month

Total Views 15,898
1 Bed
3 Baths
1,200 Sq Ft
$582 Price per Sq Ft

Highlights

  • 4.5 Acre Lot
  • Living Room
  • Dining Room

About This Home

Minutes from downtown Petoskey and Walloon Lake, this unique 4.5-acre property combines privacy, functionality, and endless potential. Two large pole barns—including one with finished living space—provide the ultimate setup for a toy garage, workshop, or extra space to support the Up North lifestyle. The expansive barns easily accommodate boats, cars, or recreational equipment, while the acreage offers room to expand or repurpose as private storage, a hobby farm, or a versatile home base. The residence is offered fully furnished and turnkey, with all furniture, furnishings, and home goods included for immediate enjoyment. A long, meandering driveway leads through mature hardwoods to a peaceful setting that also features an herb garden, outdoor fire pit area, and plenty of space to enjoy the outdoors. With its prime location just 2 miles from both Petoskey and Walloon Lake, this property is a rare opportunity to create your ideal retreat.

Listing Agent

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 09/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Lot Details

  • 4.5 Acre Lot
  • Property is zoned FF-1

Parking

  • 4 Car Garage

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 01-19-18-400-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 09/30/2025
  • Section: 18
  • Second Address Number: 1040
  • Directions: The drive way entrance is on Kemp Rd off US 131
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1200
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1200
  • Bathroom 1: On Level: N/A
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 1
  • Full Bathrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Waterfront Water Access: Neither

Garage/Parking

  • Gar Car Capacity: Four +

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 4.5
  • Zoning: FF-1

Tax Info

  • Assessor Parcel Number: 01-19-18-400-042

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,652 $146,200 $146,200 $0
2024 $1,652 $122,600 $122,600 $0
2023 $1,506 $99,700 $99,700 $0
2022 $1,506 $86,900 $86,900 $0
2021 $1,457 $86,400 $86,400 $0
2020 $1,430 $83,800 $83,800 $0
2019 $1,216 $79,500 $79,500 $0
2018 $1,118 $63,500 $63,500 $0
2017 -- $62,900 $62,900 $0
2016 -- $59,400 $59,400 $0
2015 -- $55,800 $0 $0
2014 -- $38,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $699,000 -6.8% $583 / Sq Ft
09/30/2025 09/30/25 For Sale $750,000 -- $625 / Sq Ft
Source: Northern Michigan MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $28,000 --
Quit Claim Deed -- --
Source: Public Records

Source: Northern Michigan MLS

MLS Number: 477891

Northern Michigan MLS

APN: 01-19-18-400-042