$720,000

5177 Graham Rd Petoskey, MI 49770

Estimated payment $4,253/month

Total Views 16,682
2 Beds
2 Baths
2,390 Sq Ft
$301 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • 1 Car Detached Garage
  • Living Room
  • Lower Floor Utility Room
  • Thermal Windows
  • Dining Room

About This Home

Waterfront life on Crooked Lake means coffee on the deck, sunsets over the water, and year-round access to the best of Northern Michigan. This move-in ready lakefront home offers 50' of private frontage with a dock, panoramic views, and flexible living space – including a finished lower level with a nonconforming third bedroom, walk-in closet, full bath, and recreation area. Just minutes from Petoskey, it's also walkable to bike and nature trails and close to the Conway boat launch. The main floor is centered around lake views, featuring an open layout that connects the kitchen, dining area, and a spacious four-season room with a fireplace. Step out onto the awning-covered deck for dinner with a view, or start your day soaking in the morning sun. A main-level bedroom and full bath offer everyday comfort and convenience. Upstairs, a lofted bedroom fits a king bed and provides seasonal glimpses of the lake through the trees. On the lower level, a second four-season room with its own entrance adds versatility – ideal for guests, hobbies, or a quiet workspace. Outside, the well-maintained yard, firepit, and private dock create the perfect setting for lakeside living. Whether you're looking for a weekend getaway or a full-time home, this property blends convenience, character, and classic Northern Michigan charm.

Listing Agent

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 06/26/2025

Coldwell Banker Schmidt- Harbor Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,727

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 50 x 220
  • 50 Feet of Waterfront
  • Property is zoned EC RR

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Electric Baseboard Heater
  • Well

Listing and Financial Details

  • Assessor Parcel Number 01-16-24-401-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,727

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1995
  • Lvt Date: 06/26/2025
  • Section: 24
  • Second Address Number: 5177
  • Directions: From Petoskey, north on US-31 to Graham Rd; east on Graham Rd
  • Price per Sq Ft: 301.26
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2390
  • Master Bedroom: Dimensions: 14'1" x 9'10", On Level: Upper
  • Bedroom 2: Dimensions: 11'5" x 7'9", On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: Combo w/ Kitchen, On Level: Main
  • Kitchen: Dimensions: 27' 6" x 17'6", On Level: Main
  • Family Room: Dimensions: 26'2" x 15'11", On Level: Lower
  • Living Room: Dimensions: 17'7" x 17'5", On Level: Main
  • Above Grade Finished Sq Ft: 2390
  • Bathroom 1: Dimensions: 9'1" x 7'7", On Level: Main
  • Bathroom 2: Dimensions: 6'4" x 3'11", On Level: Lower
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 17'7" x 17'3", On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Crooked
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 50
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: One and Half

Utilities

  • Heat Type: Electric Baseboard
  • Sewer: City
  • Water: Well

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50 x 220
  • Lot: Y
  • Zoning: EC RR

Tax Info

  • Assessor Parcel Number: 01-16-24-401-008

Map

Range of Values:

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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 $3,727 $254,800 $254,800 $0
2024 $3,727 $209,600 $209,600 $0
2023 $3,397 $192,300 $192,300 $0
2022 $3,397 $160,700 $160,700 $0
2021 $3,287 $153,800 $153,800 $0
2020 $3,226 $151,200 $151,200 $0
2019 $5,244 $149,400 $149,400 $0
2018 $5,172 $130,400 $130,400 $0
2017 -- $128,400 $128,400 $0
2016 -- $121,500 $121,500 $0
2015 -- $163,700 $0 $0
2014 -- $159,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $720,000 -2.0% $301 / Sq Ft
06/26/2025 06/26/25 For Sale $735,000 +286.8% $308 / Sq Ft
07/21/2015 07/21/15 Sold $190,000 -- $77 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
Source: Northern Michigan MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $19,000 Attorneys Title Agency Llc
Warranty Deed $80,000 --
Deed $70,000 --
Warranty Deed $31,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $232,500 Stand Alone First
Previous Owner $50,000 No Value Available
Previous Owner $117,000 No Value Available
Source: Public Records

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Source: Northern Michigan MLS

MLS Number: 476941

Northern Michigan MLS

APN: 01-16-24-401-008