3221 Krause Rd Petoskey, MI 49770
Estimated payment $2,977/month
Total Views
64,294
3
Beds
--
Bath
1,930
Sq Ft
$284
Price per Sq Ft
Highlights
- 40 Acre Lot
- Wood Burning Stove
- Snowmobile Trail
- Deck
- Main Floor Primary Bedroom
- Wood Frame Window
About This Home
40-ACRES OF BEAUTIFUL HARDWOOD FOREST...PLUS A “COMFORTABLE” FAMILY COTTAGE, JUST FIVE MILES TO PETOSKEY. You’ll drive on the long curving drive, through your own forest until you reach the Family Compound, surrounded by quiet, pristine woods! The 1,930 sq ft Cottage is the just perfect Bunkhouse for a large family, plus many guests. YES, all the deer on the property, become yours! The main floor of the Cottage has a large living room, the kitchen, a dining area and a great big woodburning stove, which keeps the whole house warm and toasty! The Adult Bunk room has 3 beds. The half-bath is also on the main floor. The upper level houses the children's bunk room with 9 full beds, a queen and baby crib. The 1,200 square foot cement block basement, has the ground level exit door, plus windows. Wonderful front porch across the entire front. Perfect for enjoying company and entertaining. There's also a 30’ by 24’-foot barn which serves as the garage for vehicles and all your toys. Furnishings are all included per list provided. Electricity and fiber optic cable are underground with new asphalt road. YES, the hardwood can be harvested at proper intervals for income from the property. ASK REALTOR FOR 4-COLOR BROCHURE WITH ALL THE DETAILS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,010
Year Built
- Built in 2003
Lot Details
- 40 Acre Lot
- Lot Dimensions are 660 x 2640
- Property is zoned FF-1
Parking
- 3 Car Detached Garage
Home Design
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 1,930 Sq Ft Home
- Wood Burning Stove
- Vinyl Clad Windows
- Wood Frame Window
- Living Room
- Dining Room
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Additional Features
- Deck
- Heating System Uses Wood
Community Details
- Snowmobile Trail
Listing and Financial Details
- Assessor Parcel Number 01-19-23-200-002
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $1,010 | $180,600 | $180,600 | $0 |
| 2024 | $1,010 | $129,100 | $129,100 | $0 |
| 2023 | $967 | $110,800 | $110,800 | $0 |
| 2022 | $967 | $54,400 | $54,400 | $0 |
| 2021 | $495 | $54,400 | $54,400 | $0 |
| 2020 | $487 | $54,400 | $54,400 | $0 |
| 2019 | $459 | $54,400 | $54,400 | $0 |
| 2018 | $448 | $56,900 | $56,900 | $0 |
| 2017 | -- | $56,600 | $56,600 | $0 |
| 2016 | -- | $55,100 | $55,100 | $0 |
| 2015 | -- | $55,100 | $0 | $0 |
| 2014 | -- | $72,200 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $549,000 | -8.2% | $284 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $598,000 | -0.2% | $310 / Sq Ft |
| 06/04/2025 06/04/25 | For Sale | $599,000 | -- | $310 / Sq Ft |
Source: Northern Michigan MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
About the Listing Agent
Jobst W. F. “Joe” Blachy, the owner and Principal Managing Broker is the Founder of Jobst Development LLC - PETOSKEY REAL ESTATE GROUP.
Joe has been a Petoskey citizen for over forty years. He has been fortunate enough to have worked with a high-quality Real Estate Brokerage in Petoskey for over 20 years. During that time, he was the “Rookie of the Year” for the entire state-wide Company. A few years ago, he was the top-producing Realtor for the 900 Agent
Joe's Other Listings
Source: Northern Michigan MLS
MLS Number: 476685
APN: 01-19-23-200-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 0 Other Unit 1934800
- 4618 Mountain View Trail
- 3712 Cedar Valley Rd
- TBD Ash Ct Unit 10
- 3125 Old Orchard Ln Unit Lot 15
- TBD Intertown Rd
- TBD Atkins & Division Roads
- 3415 Annie's Way
- 0 Red Oak Way Unit 26 477827
- 920 & 924 Arlington Ave
- TBD Eppler and Intertown Roads
- 3760 Village Heights Ct Unit 7
- 3750 Village Heights Ct Unit 2
- 3756 Village Heights Ct Unit 5
- 3766 Village Heights Ct Unit 10
- 425 & 431 Madison St
- 3764 Village Heights Ct Unit 9
- 4650 Sunset View Ln
- 00000 Willams Rd
- 4688 Sunset View Ln
- 501 Valley Ridge Dr
- 1420 Standish Ave
- 301 Lafayette Ave
- 423 Pearl St Unit 2
- 624 Michigan St Unit 4
- 524 State St Unit 6
- 1115 Emmet St
- 1600 Bear Creek Ln
- 1401 Crestview Dr
- 1301 Crestview Dr
- 118 Rosedale Ave
- 522 Liberty St Unit B
- 709 Jackson St Unit 9
- 6679 San Juan Unit 40
- 262 Highland Pike Rd
- 530 State St Unit 530B
- 431 Boyne Ave Unit 2
- 300 Front St Unit 103
- 4846 S Straits Hwy
- 4646 S Straits Hwy