$1,399,000

703 E Mitchell St Petoskey, MI 49770

Estimated payment $8,468/month

Total Views 13,677
5 Beds
4.5 Baths
3,650 Sq Ft
$383 Price per Sq Ft

Highlights

  • Water Views
  • Lower Floor Utility Room
  • Thermal Windows
  • Wood Flooring
  • 2 Car Detached Garage
  • Living Room

About This Home

703 E. Mitchell in Petoskey, Michigan, is a remarkable three-story residence that embodies the essence of downtown living. The home features a brand new state-of-the-art kitchen, which is a culinary enthusiast's paradise, fitted with contemporary appliances and elegant finishes that elevate the cooking experience. Newly updated bedrooms and bathrooms exude a fresh and sophisticated ambiance, while the expansive and beautifully completed basement offers generous storage or the potential for additional living space. There is a beautifully appointed third floor, like no other. It has been skillfully crafted by the famed Andre Poineau in the Greene and Greene classical building style. this space features not only incredible woodwork but gorgeous stain glass windows and doors, a stunning loft, and breath-taking views of the Petoskey skyline. Situated in the vibrant core of Petoskey, this home is mere moments from picturesque streets brimming with charming boutiques, delightful eateries, and lively community gatherings. Residents can relish the allure of nearby Lake Michigan, scenic parks, and the breathtaking natural beauty that makes Petoskey a cherished destination. This exquisite home seamlessly blends modern amenities with the warm, inviting spirit of downtown Petoskey, offering a perfect retreat for those seeking to enjoy the finest aspects of life in Michigan.

Listing Agent

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 06/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,692

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Roof

Interior Spaces

  • 3,650 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-126-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,692

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/27/2025
  • Section: 5
  • Second Address Number: 703
  • Directions: Corner of Mitchell & Clinton
  • Price per Sq Ft: 383.29
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 3650
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 10
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 3650
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: On Level: Upper
  • Rooms 2: On Level: Upper
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle, Wood Shake
  • Waterfront Water Access: Neither
  • Water View: Yes

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-126-060

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $9,692 $422,700 $422,700 $0
2024 $9,692 $343,300 $343,300 $0
2023 $8,888 $318,800 $318,800 $0
2022 $8,888 $291,200 $291,200 $0
2021 $8,650 $277,600 $277,600 $0
2020 $8,745 $243,300 $243,300 $0
2019 -- $174,000 $174,000 $0
2018 -- $165,800 $165,800 $0
2017 -- $165,000 $165,000 $0
2016 -- $166,900 $166,900 $0
2015 -- $151,700 $0 $0
2014 -- $151,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $1,399,000 -6.7% $383 / Sq Ft
06/27/2025 06/27/25 For Sale $1,499,000 +147.2% $411 / Sq Ft
12/03/2019 12/03/19 Sold $606,410 -6.7% $166 / Sq Ft
10/11/2019 10/11/19 Price Changed $649,900 -3.7% $178 / Sq Ft
07/19/2019 07/19/19 Price Changed $675,000 -3.3% $185 / Sq Ft
07/02/2019 07/02/19 Price Changed $698,000 -2.9% $191 / Sq Ft
06/24/2019 06/24/19 For Sale $719,000 -- $197 / Sq Ft
Source: Northern Michigan MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $606,410 --
Quit Claim Deed -- --
Warranty Deed $390,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $476,500 Cash
Previous Owner $483,410 New Conventional
Source: Public Records

Similar Homes in Petoskey, MI

  • 606 State St, Petoskey, MI 49770

    $1,250,000

    • 4 Beds
    • 4.5 Baths
    • 3,336 Sq Ft
    • 606 State St
    • Petoskey, MI

    Downtown Dream in Petoskey! Welcome to this stunning 4 bedroom, 4 full-bath & 1 half-bath home - perfectly located less than a quarter-mile from downtown. With two en suite bedrooms, this fully renovated property offers an incredible opportunity to enjoy the luxuries of living locally! A vibrant array of downtown shops, restaurants, and festivals are just a short walk away. Located half a block

    Mark Ashley Coldwell Banker Schmidt - Petoskey

    Section Image
  • 104 Division St, Petoskey, MI 49770

    $1,250,000

    • 6 Beds
    • 4 Baths
    • 3,784 Sq Ft
    • 104 Division St
    • Petoskey, MI

    A true piece of historic downtown Petoskey! Originally built in 1895, this home underwent a major interior renovation and is now a light filled space that retains its traditional roots but has all the modern comforts. As you enter through the foyer you are greeted with sweeping views of Little Traverse Bay, custom built African mahogany round staircase, and gorgeous Pakistani Carrera marble

    Patrick Leavy Kidd & Leavy Real Estate Co. LLC

    Section Image
  • 120 E Lake St, Petoskey, MI 49770

    $1,295,000

    • 6 Beds
    • 6 Baths
    • 3,815 Sq Ft
    • 120 E Lake St
    • Petoskey, MI

    This newly renovated tri-plex is a multi family opportunity. In the heart of the downtown, no better location is out there! Outstanding views paired with the best location, makes this desirable listing one that will sell quickly. There are three beautifully appointed units. The first floor is a two bedroom two bath, with an open floor plan. Our second unit is a three bedroom, three bath with an

    Jane Fisher Gaslight Group Properties

    Section Image
  • 1425 Bay View Heights, Petoskey, MI 49770

    $1,875,000

    • 5 Beds
    • 3.5 Baths
    • 6,474 Sq Ft
    • 1425 Bay View Heights
    • Petoskey, MI

    IN PETOSKEY - RARE OFFERING of LIGHT, SPACE, and DESIGN. Breathtaking Views & Architectural Prestige perched majestically above Petoskey, this soulful property presents sweeping sunrise and sunset vistas over Little Traverse Bay/Lake Michigan and Round Lake. Located in one of the area's most coveted neighborhoods, Bay View Heights is known for refined style and serenity—this home must be

    Carole Griffin @properties Christie's International Real Estate - Petoskey

    Section Image
  • 796 Bellmer Rd, Petoskey, MI 49770

    $1,450,000

    • 6 Beds
    • 5.5 Baths
    • 5,613 Sq Ft
    • 796 Bellmer Rd
    • Petoskey, MI

    This custom log home offers a perfect blend of modern and rustic elements, set on a private acreage just east of Petoskey. Leading up to the entrance is a covered wraparound porch giving plenty of space to take in views of the 5-acre parcel surrounded by woods. Inside you are greeted by a grand living area with cathedral ceilings and expansive windows. Wherever you are in this house the outdoors

    William Winslow Coldwell Banker Schmidt- Harbor Springs

    Section Image
  • 6277 Quarry View Dr, Petoskey, MI 49770

    $1,795,000

    • 4 Beds
    • 4.5 Baths
    • 3,200 Sq Ft
    • 6277 Quarry View Dr
    • Petoskey, MI

    Indulge in the pinnacle of elegance and serenity with this exquisite home, perfectly positioned to capture breathtaking sunsets over Lake Michigan and picturesque golf course views. This meticulously designed and impeccably maintained residence offers an unparalleled blend of luxury and tranquility. Featuring four spacious bedrooms and 4.5 beautifully appointed bathrooms, this home includes a

    Jeff Wellman @properties Christie's International Real Estate - Petoskey

    Section Image
  • 11110 Wildwood Rd, Petoskey, MI 49770

    $1,295,000

    • 5 Beds
    • 3 Baths
    • 3,452 Sq Ft
    • 11110 Wildwood Rd
    • Petoskey, MI

    Welcome to the "Ranch" this newly remodeled 3,452 sq ft home sits on 78.60 beautiful Northern Michigan acres in Emmet County. Some of the upgrades include new bathrooms, lighting, electrical, appliances, counter tops, doors, newly added center island, new kitchen's (that's right two kitchens) one upper level main kitchen and one in the lower level to service the guests or could be a

    John Russell Kidd & Leavy Real Estate Co. LLC

    Section Image

Source: Northern Michigan MLS

MLS Number: 476970

Northern Michigan MLS

APN: 52-19-05-126-060