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3220 Siebenhar Way, Petoskey, MI, 49770

4beds
3baths
2,380sqft
$775,000
$326price/sqft
$5,134/moest. monthly cost
$205,360/yrincome needed

About This Home

This beautifully crafted home in the highly desirable Siebenhar neighborhood is scheduled to be completed by fall of 2026—an ideal setting for those seeking peaceful Northern Michigan living. Set on 2.48 private acres, this home immediately stands out with its paved driveway, clean modern exterior, and welcoming 19’ x 6’ covered front porch accented with a beaded soffit and warm can lighting. The attention to detail continues inside, where 9-foot ceilings, an open floor plan, and large windows create bright and inviting living spaces. The main level offers 3–4 bedrooms and 2.5 baths, including a primary bathroom featuring a walk-in ceramic subway-tile shower. Whether you’re hosting family gatherings or enjoying quiet evenings at home, the layout provides both connection and comfort. The spacious living and dining areas open to a rear patio, offering a peaceful spot for morning coffee, grilling, or simply taking in the beauty of the backyard. The lower level is a bonus—a walkout basement offering exceptional versatility. It’s the ideal place to pursue creative projects, set up a workshop, or design a cozy retreat. Exterior features include a 26’ x 24’ attached 2.5-car garage with a Shaker-style 16’ x 8’ overhead door and coordinated all-black exterior lighting on both the home and garage. Sidewalks, patios, and well-planned outdoor spaces provide easy movement around the home and plenty of opportunity for gardening, play areas, or a future fire pit. Located less than three miles from downtown Petoskey, this new home offers exceptional privacy with unmatched convenience. Enjoy quick access to shopping, dining, medical services, golf, year-round recreation, and Lake Michigan. The Siebenhar Association features quiet surroundings, well-maintained properties, and a welcoming community. This home suits a variety of buyers—downsizers, families, or anyone seeking quality construction close to town. A beautifully finished home in a premier location.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

6/10
Ottawa Elementary SchoolGrades PK-52.2 mi
9/10
Petoskey Middle SchoolGrades 6-81.6 mi
7/10
Petoskey High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 2026

Materials

  • Construction materials: Modular-BOCA-Wood Frame

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Washer,Dryer,Range

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,380 sqft

Property

Details

  • Parcel number: 011634420101

Lot

  • Lot size: 2.48 Acres

Parking

  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 2.5

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
    Cold WaveVery High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Inland Flooding
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Emmet County and Michigan

Severe Ice Storm
Winter Storm

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

MonthlyAnnual
Mortgage $3,918$47,016
Home Insurance *$428$5,136
Property Taxes $529$6,348
Electricity $259$3,115
Total$5,134$61,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,022/yr
40% on housing$154,020/yr
45% on housing$136,906/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$326This listing

vs Other Active Listings

Avg $/sqft

ZIP 49770$453
Emmet County$419

vs Homes Sold Last Month

Median $/sqft

ZIP 49770
Emmet County$223

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

DateEventPrice
2025-12-05Listed for sale$775,000
2024-04-20Listing removed$52,500
2024-04-10Listed for sale$52,500

For Sale by Agent

AgentMatthew Tamm
BrokerageKidd & Leavy Real Estate Co. LLC

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