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1185 Hideaway Valley Dr #31, Harbor Springs, MI, 49740

3beds
3baths
1,500sqft
$369,900
$247price/sqft
$2,564/moest. monthly cost
$102,560/yrincome needed

About This Home

Discover the ultimate Northern Michigan basecamp in the sought-after Hideaway Valley community in Harbor Springs. This well-appointed 1,500 sq. ft. condo offers rare, direct access for outdoor enthusiasts: grab your bike, hiking shoes, or snowshoes and head into the adjacent Offield Viewlands for 5 miles of mountain bike flow trails and 10 miles of hiking trails or access groomed snowmobile Trail 710 and other ORV trails directly from Hideaway Valley. This condo is designed for comfort and accessibility, the main level features no-stair entry from the attached 1.5 car garage, an open-concept living/dining area, a powder room, and a private balcony overlooking serene nature views. Upstairs, you will find three bedrooms, including a spacious primary bedroom with its own private balcony, plus a full shared bath. The finished walkout lower level expands your living space significantly, featuring a second full bath, a large family room, and a 4th sleeping area perfect for overflow guests. Enjoy the community perks of a heated outdoor pool, tennis and pickleball courts, basketball and a playground. Located adjacent to the 200-acre Offield Viewlands preserve and interconnected with over 1,000 acres of state land for hiking, hunting, foraging, off-roading, and more! Just a 10-minute drive to the ski hills (Nubs Nob/Highlands) or downtown Harbor Springs, and 15 minutes to downtown Petoskey. Currently operating as a profitable, owner-managed short-term rental with a strong history of glowing reviews, this property is ready to generate income immediately or serve as your private year-round getaway.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

8/10
6/10

Construction

Condition

  • Year built: 1980

Materials

  • Construction materials: Wood Frame/Site Built

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Finished

Bedrooms & Bathrooms

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

Features

  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 081611101131

Features

  • Levels: Two Or More
  • Private pool: Yes
  • Pool features: Pool

Lot

  • Features: Near Snowmobile Trails,Borders State Land

Parking

  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 1.5

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 WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
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 $1,870$22,440
Home Insurance *$254$3,048
Property Taxes $252$3,024
Electricity $188$2,259
Total$2,564$30,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,908/yr
40% on housing$76,920/yr
45% on housing$68,373/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

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 49740$451
Emmet County$420

vs Homes Sold Last Month

Median $/sqft

ZIP 49740
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
2026-01-07Listed for sale$349,900
2019-06-04Sold$115,000

For Sale by Agent

AgentCarrie M Frisbie
BrokerageColdwell Banker Schmidt- Harbor Springs

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