312 Grove St, Petoskey, MI, 49770
About This Home
Experience the best of Petoskey living in this recently remodeled gem, located just steps from the vibrant Gas Light District and downtown. The home’s bright, open floor plan connects a comfortable main-floor primary bedroom to a versatile loft and bedroom that boasts views of the town and Lake Michigan. Step outside to enjoy a spacious backyard or unwind on the charming covered front porch. With seasonal lake vistas and a year-round "peek" of the water, this home is the perfect retreat for relaxing summer days and cozy northern Michigan evenings.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Block
- Roof: Asphalt
- Construction materials: Frame,Other
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range,Dishwasher,Washer,Dryer,Gas Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Michigan Basement,Unfinished
Bedroom2
- Level: Upper
- Area: 380
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 114
Features
- Other,Cable TV,High Speed Internet
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 1,320
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
Kitchen
- Level: Main
- Area: 123.6
Living Room
- Level: Main
- Area: 283.2
Master Bathroom
- Features: Shared
Master Bedroom
- Level: Main
- Area: 223.74
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 521906277044
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Covered
- Has view: Yes
- View description: Bay,Water
- Has water view: Yes
- Water view: Water,Bay
Lot
- Lot size: 5,662 sqft
- Features: Bluff,Subdivided
- Lot size dimensions: 50 x 120 appro x
Parking
- Parking features: Paved,None,Concrete
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Emmet County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,718 | $20,616 |
| Home Insurance * | $187 | $2,244 |
| Property Taxes | $232 | $2,784 |
| Electricity | $188 | $2,259 |
| Total | $2,325 | $27,900 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Listed for sale | $349,900 |
| 2026-01-03 | Listing removed | $373,000 |
| 2025-12-03 | Price change | $373,000 |
| 2025-11-03 | Price change | $385,000 |
| 2025-09-30 | Price change | $399,000 |
| 2025-07-02 | Price change | $425,000 |
| 2025-05-16 | Listed for sale | $435,000 |
| 2023-09-11 | Sold | $311,000 |
| 2023-08-09 | Price change | $324,900 |
| 2023-06-26 | Listed for sale | $339,900 |
| 2017-09-29 | Sold | $199,000 |
| 2017-08-30 | Price change | $199,900 |
| 2017-08-14 | Listed for sale | $209,000 |
| 2012-06-12 | Sold | $116,300 |
| 2011-12-16 | Listed for sale | $125,000 |
| 2006-06-27 | Sold | $128,500 |
View on Zillow