NOT LISTED FOR SALE

2996 Townsend Rd Petoskey, MI 49770

Estimated Value: $433,000 - $5,935,000

4 Beds
5 Baths
6,409 Sq Ft
$621/Sq Ft Est. Value

Last Sold January 15, 2025

Last sale price $5,995,000 $935 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $26,068/month

28 Days on Market

Highlights

  • 171 Feet of Waterfront
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage
  • Docks
  • First Floor Utility Room
  • Living Room

About This Home

As of January 2025

Located in Walloon’s west arm, on just over an acre of land with 171 feet of coveted Walloon Lake frontage, this handsome lakefront property embodies the perfect blend of luxury and tranquility. With 4-bedrooms and 5-bathrooms the home offers over 6,400 square feet of living space making this the perfect up north getaway. Crafted for effortless living and entertaining, the home boasts two fireplaces, central air conditioning, and premium floor to ceiling windows that bathe the interiors in natural light. The spacious kitchen and open-concept living areas flow seamlessly to outdoor spaces with breathtaking panoramic water views, creating the perfect atmosphere for gatherings or quiet retreats. The 3+ car garage provides ample storage for vehicles and lake toys, while the property’s thoughtful design, and high-quality finishes—ensures year-round comfort and durability. This stunning Walloon Lake retreat offers a rare opportunity to experience the pinnacle of lakefront living on a secluded site, where timeless craftsmanship meets modern convenience. All offered just minutes away from the charming up north towns of Petoskey, Bay Harbor, Walloon Village, Harbor Springs, Charlevoix and Boyne City.

Last Listed By

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 12/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,756

Lot Details

  • 1.04 Acre Lot
  • 171 Feet of Waterfront
  • Property is zoned RT RR

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6,409 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Docks

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-16-400-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,756

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 12/18/2024
  • Section: 16
  • Second Address Number: 2996
  • Directions: Take US 31 west towards Charlevoix, turn left onto Townsend Road, at end of the road turn right home will be on the left.
  • Price per Sq Ft: 935.4
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Central Air, Dock, Dryer, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 6409
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 11
  • Basement: Full, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 3871
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 5
  • Rooms 1: On Level: Lower
  • Rooms 2: On Level: Lower
  • Windows: Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 171
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Three

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.04
  • Zoning: RT RR

Tax Info

  • Assessor Parcel Number: 13-18-16-400-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jan 14, 2025
Sold by
2996 Townsend Road Llc
Bought by
Le Tre Sorelle 2996 Llc
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$5,990,000
Sold Price
$5,995,000
Premium/Discount to List
$5,000
0.08%
Total Days on Market
28
Views
50
Current Estimated Value
$3,980,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,014,965
Avg. Annual Appreciation
-70.03%

Purchase Details

Closed on
Jan 1, 2018
Sold by
Wood Janet L and Baubie Kimerly F
Bought by
2996 Townsend Road Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
Fruehauf Janet A
Bought by
Fruehauf Janet A and Janet A Fruehauf Michigan Qualified Pers

Purchase Details

Closed on
Jul 1, 1996
Sold by
Nt 21200006
Bought by
Hufnagle Pta

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Tre Sorelle 2996 Llc -- --
2996 Townsend Road Llc -- --
Fruehauf Janet A -- --
Fruehauf Janet A -- --
Hufnagle Pta $315,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $5,995,000 +0.1% $935 / Sq Ft
12/18/2024 12/18/24 For Sale $5,990,000 -- $935 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

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
2024 $46,756 $1,984,800 $1,984,800 $0
2023 $42,511 $1,811,900 $1,811,900 $0
2022 $42,511 $1,445,500 $1,445,500 $0
2021 $41,017 $1,380,600 $1,380,600 $0
2020 $40,406 $1,312,500 $1,312,500 $0
2019 -- $1,204,900 $1,204,900 $0
2018 -- $1,222,000 $1,222,000 $0
2017 -- $1,152,500 $1,152,500 $0
2016 -- $1,102,500 $1,102,500 $0
2015 -- $1,022,000 $0 $0
2014 -- $930,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 475508

Northern Michigan MLS

APN: 13-18-16-400-006