1515 Atkins Rd Petoskey, MI 49770
Estimated payment $12,043/month
About This Home
Magnificent Rare Green Lit/Approved Ready to Mobilize this 9.4 Acre Apartment Development Site Close to Schools, Downtown, the Bay, minutes to everything!!! General Contractor already in Place – Approved for 156 Units -- Incredible opportunity to develop in Petoskey, Bear Creek Township fully approved under a Planned Unit Development (PUD) residential units. This site is shovel-ready—completely cleared, balanced, and equipped with access to all municipal utilities including water, sewer, electric, and natural gas. Located directly adjacent to the Petoskey school campus, this property offers a prime setting for a multi-family residential rental community with convenient access to schools, services, and surrounding amenities. All PUD and site plan approvals are in place; Purchaser and/or their agent are responsible for verifying all zoning and approval details with Emmet County and Bear Creek Township. A rare, turn-key opportunity in a high-demand high housing deficit location. Don’t miss the chance to bring your development vision to life in one of Northern Michigan’s most desirable communities.
Listing Agent
@properties Christie’s International Real Estate - Harbor Springs Listed on: 04/07/2025
Home Details
Home Type
- Single Family
Lot Details
- 9.94 Acre Lot
- Property is zoned EC PUD-RO/EC R-1
Listing and Financial Details
- Assessor Parcel Number 01-19-05-400-002
Map
Home Values in the Area
Average Home Value in this Area
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 | $18,279 | $545,200 | $37,100 | $508,100 |
| 2024 | $18,279 | $460,400 | $37,100 | $423,300 |
| 2023 | $3,108 | $405,900 | $32,400 | $373,500 |
| 2022 | $3,108 | $321,800 | $30,100 | $291,700 |
| 2021 | $1,990 | $139,800 | $23,600 | $116,200 |
| 2020 | $1,955 | $95,400 | $15,900 | $79,500 |
| 2019 | $1,837 | $92,900 | $26,400 | $66,500 |
| 2018 | $1,798 | $91,800 | $12,900 | $78,900 |
| 2017 | -- | $84,300 | $12,900 | $71,400 |
| 2016 | -- | $83,200 | $12,900 | $70,300 |
| 2015 | -- | $80,000 | $0 | $0 |
| 2014 | -- | $79,800 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $2,000,000 | -20.0% | -- | |
| 04/07/2025 04/07/25 | For Sale | $2,500,000 | +212.5% | -- | |
| 01/10/2022 01/10/22 | Sold | $800,000 | -5.9% | $533 / Sq Ft | View Prior Sale |
| 08/03/2020 08/03/20 | For Sale | $850,000 | -- | $567 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Northern Michigan MLS
MLS Number: 476058
APN: 01-19-05-400-002
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