Seller's Agent in 2025
Carole Griffin
@properties Christie's International Real Estate - Petoskey
(231) 838-4977
18 in this area
52 Total Sales
641 Arrowhead Shores Dr Petoskey, MI 49770
7
Beds
7
Baths
9,000
Sq Ft
2004
Built
Highlights
- 126 Feet of Waterfront
- Wood Flooring
- Thermal Windows
- Deck
- Lower Floor Utility Room
- 5-minute walk to East Park
About This Home
As of November 2025Incredible Sunrise & Sunsets over Little Traverse Bay in a Private Gated Community! One of only seven custom-built homes in an gated community, this nearly 9,000 sq ft architectural masterpiece offers an extraordinary lifestyle along the shores of Little Traverse Bay. Perfectly located just minutes from both the charm of Petoskey and the luxury of Bay Harbor, this property blends timeless craftsmanship with panoramic water views and direct access to Lake Michigan. A Home That Tells a Story From its marble entry walls reclaimed from Detroit’s historic Stroh’s Building to the third-floor rotunda crowned with a stained-glass ceiling, every detail of this residence has been designed with intention and artistry. Step into warm, refined interiors offering: 7 Bedrooms | 5 Full & 2 Half Bathrooms Chef’s kitchen featuring a high-BTU wok burner, commercial-grade grill, and premium appliances Two formal dining rooms, ideal for hosting Private bar, home office, and multiple entertaining spaces Custom solid walnut doors, columns, and trim throughout A two-story year-round atrium with natural light and lush greenery Expansive private patio for enjoying both sunrise and sunset over the bay Luxury That Extends Outdoors 4-car attached garage with heated floors Professionally designed landscaping Unfinished lower level with 10-foot ceilings—ready to personalize Access to nearby bike trails, connecting you to Charlevoix, Bay Harbor, and beyond This rare offering captures the essence of Up North living—a peaceful, elegant retreat with unmatched access to Michigan’s natural beauty. Whether you're savoring coffee at dawn, entertaining under the stars, or simply enjoying the serene glow of Northern Michigan light, this home offers a true legacy for generations to come.
Last Agent to Sell the Property
@properties Christie's International Real Estate - Petoskey Listed on: 07/02/2025
Last Buyer's Agent
@properties Christie's International Real Estate - Petoskey Listed on: 07/02/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- 126 Feet of Waterfront
- Sprinkler System
HOA Fees
- $83 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 9,000 Sq Ft Home
- Wood Burning Fireplace
- Thermal Windows
- Insulated Windows
- Family Room
- Living Room
- Dining Room
- Lower Floor Utility Room
- Wood Flooring
- Water Views
- Home Security System
Kitchen
- Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 4 Car Attached Garage
- Driveway
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Natural Gas Water Heater
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 13-18-02-426-105
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2025
Closed on
Nov 10, 2025
Sold by
Jones Timothy and Jones Paul
Bought by
Alfieri Vera
Seller's Agent
Carole Griffin
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Carole Griffin
@properties Christie's International Real Estate - Petoskey
List Price
$3,750,000
Sold Price
$2,750,000
Premium/Discount to List
-$1,000,000
-26.67%
Views
263
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.73%
Purchase Details
Listed on
Jul 10, 2015
Closed on
Jan 8, 2016
Sold by
Lo Gustav J
Bought by
Jones David P and Jones Leslie A
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
David Beek
Berkshire Hathaway HomeServices Real Estate - BC
List Price
$1,649,000
Sold Price
$1,505,000
Premium/Discount to List
-$144,000
-8.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$417,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 6, 2015
Sold by
Lo Dree H
Bought by
Lo Gustav J
Purchase Details
Closed on
Jul 16, 2003
Bought by
Lo Gustav J and Lo Dree H
Purchase Details
Closed on
Nov 8, 1999
Bought by
Griffin Dwayne M and Griffin Carole M
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Talon Title Agency | |
| Warranty Deed | -- | Talon Title Agency | |
| Deed | $285,000 | -- | |
| Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/10/2025 11/10/25 | Sold | $2,750,000 | -1.4% | $306 / Sq Ft | |
| 08/29/2025 08/29/25 | Price Changed | $2,790,000 | -10.0% | $310 / Sq Ft | |
| 08/11/2025 08/11/25 | Price Changed | $3,100,000 | -11.2% | $344 / Sq Ft | |
| 07/23/2025 07/23/25 | Price Changed | $3,490,000 | -6.9% | $388 / Sq Ft | |
| 07/02/2025 07/02/25 | For Sale | $3,750,000 | +149.2% | $417 / Sq Ft | |
| 01/08/2016 01/08/16 | Sold | $1,505,000 | -8.7% | $167 / Sq Ft | View Prior Sale |
| 10/20/2015 10/20/15 | Pending | -- | -- | -- | |
| 07/10/2015 07/10/15 | For Sale | $1,649,000 | -- | $183 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $23,072 | $1,052,400 | $1,052,400 | $0 |
| 2024 | $23,072 | $1,057,100 | $1,057,100 | $0 |
| 2023 | $21,017 | $1,053,200 | $1,053,200 | $0 |
| 2022 | $21,017 | $904,000 | $904,000 | $0 |
| 2021 | $20,226 | $949,300 | $949,300 | $0 |
| 2020 | $19,908 | $861,400 | $861,400 | $0 |
| 2019 | -- | $970,800 | $970,800 | $0 |
| 2018 | -- | $861,700 | $861,700 | $0 |
| 2017 | -- | $982,100 | $982,100 | $0 |
| 2016 | -- | $878,800 | $878,800 | $0 |
| 2015 | -- | $876,500 | $0 | $0 |
| 2014 | -- | $763,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carole Griffin
-
David Shuman
Seller's Agent in 2016
David Shuman
Bay North Realty Co.
(231) 622-3235
52 in this area
158 Total Sales
-
David Beek
Buyer's Agent in 2016
David Beek
Berkshire Hathaway HomeServices Real Estate - BC
(231) 330-5232
1 in this area
111 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 477012
APN: 13-18-02-426-105
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