Features and Amenities at 8262 Bear Cove

Birch Ridge on the West Arm of Walloon Lake has been owned by the same family for three generations. This beautiful building site offers 112' of beach frontage and a sandy bottom. Extra deep at 400' there's plenty of room for a storage building. The property is boarded at the back by a natural conservation area for unsurpassed privacy. Birch Ridge's gently sloping topography offers you the opportunity to build a lake cottage w/ walkout lower level and spacious decking for breathtaking views of Walloon.
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Property Features
  • View
  • Water

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Local Schools

School Score Class Size Distance
Early Childhood Education Center 7.98 mi
Boyne City Middle School B+ 18 8.35 mi
Boyne City High School C+ 18 8.43 mi

Home Details

Bedroom(s)
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Bathroom(s)
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Square Footage
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Price per SqFt
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Lot Size
2.23 acres
Stories
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Property Type
LOTS/LAND
Year Built
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MLS #
451726
Neighborhood
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County
emmet
Monthly Est. Mortgage
$3,592
Monthly Est. Insurance
$243
Monthly Property Tax
$695.00
Last Updated
09/28/2017

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Total Rooms
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Garage SqFt
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Year Updated
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Cooling System
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Heating System
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Heating Source
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Tax Year
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Tax Amount
$15,475

Estimated Mortgage Rates

Mortgage Calculator

With a current price of $695,000 and a mortgage rate of 4.0%, someone purchasing 8262 Bear Cove, Petoskey, MI , 49770 could expect to have a monthly payment of $3,592. This assumes a 20% down payment of $139,000 , a high credit score and a 30 year fixed-rate mortgage. You can use the mortgage calculator to estimate the monthly payment with different values.

Loan Amount
$556,000
$0
$695,000
Down Payment
20 %
0%
30%
Loan Term
30 years
0 years
40 years
Interest Rate
4 %
0%
7%
Homeowner Insurance
$243
$0
$1,000
Property Tax
1.2 %
1%
6%
Principal & Interest$2,654Insurance$243Taxes$695PMI$0Estimated Payment$3,592

Request Information

Jp Gerster
Pat O'Brien & Associates - Boyne City
Listing Source:
Northern Michigan MLS (via Listhub)
Offered By:
Pat O'Brien & Associates - Boyne City
Office Phone:
231-582-1700
Last Change:
09/19/2017
Days on Site:
139

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