700 E Beach St, Petoskey, MI, 49770
About This Home
Experience the pinnacle of luxury living in this magnificent 5-bedroom, 5-full-bath Village Beach home, perfectly situated to offer breathtaking Lake Michigan views. This stunning residence spans four levels of expertly designed living space, encompassing 3,891 square feet, including the beautifully finished basement. Step outside and discover a lifestyle of unparalleled convenience. Everything you need is just a short stroll away. Enjoy glorious sunsets with a walk to Sunset Beach, or immerse yourself in the vibrant atmosphere of the Bay Harbor Village, home to a curated collection of fine restaurants, a wine bar, a tasting room, art galleries, and charming retail shops. Culture awaits just one block away at the renowned Great Lakes Center for the Arts. For those who love the water, a marina is within easy reach, and the Bay Harbor Swim and Fitness Center provides a perfect opportunity for recreation and relaxation.The home itself is a masterpiece of design and comfort. The first and second floors feature expansive wrap-around balconies, offering the ideal spot to savor your morning coffee or entertain guests while taking in the serene surroundings and stunning lake views. This property presents a unique opportunity. Own an exclusive waterview home in Village Beach, stroll into the Village for restaurants and shopping, and if you are willing to participate in Bay Harbor's rental program, offset some expenses.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2008
Materials
- Construction materials: Wood Frame/Site Built
Type & Style
- Home type: SingleFamily
Interior
Appliances
- Appliances included: Built-in Microwave,Dishwasher,Disposal,Washer,Dryer,Range
Basement
- Has basement: Yes
- Basement: Full
Bedroom
- Area: 170
Bedroom1
- Area: 195.2777777777778
Bedroom2
- Area: 380
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Dining Room
- Area: 82.0625
Family Room
- Area: 162.5
Features
- Flooring: Wood
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total interior livable area: 3,792 sqft
Kitchen
- Area: 489.25000000000006
Living Room
- Area: 249.69444444444443
Master Bedroom
- Area: 408.9791666666667
Property
Details
- Parcel number: 521803410142
Features
- Patio & porch: Deck
Parking
- Parking features: Attached Garage
- Has garage: Yes
- Covered spaces: 2
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 | $13,147 | $157,764 |
| Home Insurance * | $1,437 | $17,244 |
| Property Taxes | $1,776 | $21,312 |
| Electricity | $413 | $4,963 |
| Total | $16,773 | $201,276 |
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 |
|---|---|---|
| 2026-03-09 | Listed for sale | $2,850,000 |
| 2026-03-01 | Listing removed | $2,850,000 |
| 2025-09-12 | Listed for sale | $2,850,000 |
| 2020-10-03 | Listing removed | $2,000,000 |
| 2020-05-21 | Listed for sale | $2,000,000 |
For Sale by Agent
View on Zillow