7198 E Mitchell Rd Petoskey, MI 49770
Petoskey AreaEstimated payment $1,807/month
Highlights
- Hot Property
- Main Floor Primary Bedroom
- Living Room
- Cathedral Ceiling
- First Floor Utility Room
- Detached Carport Space
About This Home
*Schoolhouse for Sale!* Step into a remarkable piece of Northern Michigan history with the beautifully restored Epsilon Schoolhouse, where timeless character meets modern comfort. Rich in charm & architectural detail, this one-of-a-kind home offers an opportunity to own not just a residence, but a story that has stood the test of time. Soaring ceilings, abundant natural light, & original character create an inviting atmosphere that simply cannot be duplicated in today's construction. The thoughtfully designed floor plan features a spacious main-level primary bedroom, full bath, convenient laundry, & welcoming living spaces ideal for everyday living or entertaining. Upstairs, two charming loft-style bedrooms provide comfortable accommodations for family, guests, or flexible office space. Situated on nearly an acre just minutes from Petoskey, Walloon Lake, Boyne Mountain, world-class golf, skiing, dining, shopping, & endless year-round recreation, the property offers the perfect balance of peaceful country living & convenient access to Northern Michigan's most sought-after destinations. Outside, the versatility continues with an impressive detached pole barn/garage offering abundant room for vehicles, boats, snowmobiles, recreational equipment, hobbies, or workshop space. Additional storage in back of barn provides even more room for seasonal items, outdoor gear, or future possibilities. For a distinctive year-round residence, a memorable Northern Michigan retreat, or a property with outstanding investment potential, the Epsilon Schoolhouse stands apart. In today's experience-driven vacation rental market, travelers seek destinations as much as accommodations, & few homes offer the unforgettable character, history, and conversation-starting appeal of spending the night in an authentic historic schoolhouse. Opportunities to own a property this unique are exceptionally rare don't miss your chance to make a piece of Northern Michigan your own! Natural Gas is available!
Listing Agent
@properties Christie’s International Real Estate - Harbor Springs Listed on: 07/04/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1896
Lot Details
- 1 Acre Lot
- Lot Dimensions are 166 x 233 x 160 x 241
- Property is zoned FF-1
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,291 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Living Room
- Dining Room
- First Floor Utility Room
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Parking
- 3 Car Garage
- Detached Carport Space
Utilities
- Electric Baseboard Heater
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 14-20-08-200-001
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,444 | $88,100 | $74,700 | $13,400 |
| 2025 | $3,444 | $83,500 | $41,500 | $42,000 |
| 2024 | $6 | $77,500 | $77,500 | $0 |
| 2023 | $1,462 | $51,500 | $51,500 | $0 |
| 2022 | $1,462 | $42,000 | $42,000 | $0 |
| 2021 | $841 | $41,100 | $41,100 | $0 |
| 2020 | $817 | $42,600 | $42,600 | $0 |
| 2019 | -- | $40,800 | $40,800 | $0 |
| 2018 | -- | $40,400 | $40,400 | $0 |
| 2017 | -- | $39,800 | $39,800 | $0 |
| 2016 | -- | $38,600 | $38,600 | $0 |
| 2015 | -- | $34,900 | $0 | $0 |
| 2014 | -- | $32,100 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/04/2026 07/04/26 | For Sale | $275,900 | +30.8% | $214 / Sq Ft | |
| 06/15/2023 06/15/23 | Sold | $211,000 | +5.6% | $176 / Sq Ft | View Prior Sale |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- | |
| 04/07/2023 04/07/23 | For Sale | $199,900 | -- | $167 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $211,000 | Talon Title Agency | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $1,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $213,831 | No Value Available |
Source: Northern Michigan MLS
MLS Number: 480033
APN: 14-20-08-200-001
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Ask me questions while you tour the home.