3575 Charlevoix Ave #3494, Petoskey, MI, 49770
About This Home
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,586 square feet of interior living space, complemented by a 1,139 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. An additional 720 square feet of unfinished lower-level space provides flexibility for storage or future customization, bringing the total square footage to approximately 7,445 square feet. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The open main living level is ideal for hosting, anchored by a gourmet kitchen with premium appliances, generous island, fireplace, wet bar, and seamless indoor-outdoor flow. The primary suite is a serene retreat with panoramic water views, private patio access, a spacious walk-in closet, and spa-inspired bath. Multiple en-suite bedrooms, each with private outdoor access, provide exceptional comfort and privacy for family and guests. A detached guest house and four-car garage further enhance the residence, while elevator access connects each level with ease. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2025
Materials
- Construction materials: Wood Frame/Site Built
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Built-in Microwave,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Range
Basement
- Has basement: Yes
- Basement: Partial,Walk-Out Access
Bedroom
- Area: 132
Bedroom1
- Area: 132
Bedroom2
- Area: 132
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Family Room
- Area: 240
Features
- Elevator
- Flooring: Wood
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total interior livable area: 5,586 sqft
Kitchen
- Area: 432
Living Room
- Area: 696
Master Bedroom
- Area: 300
Property
Features
- Levels: Two Or More
- Patio & porch: Deck,Patio
Lot
- Features: Paved,Sprinkler System
Parking
- Parking features: Attached Garage
- Has garage: Yes
- Covered spaces: 4
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
- 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 | $18,683 | $224,196 |
| Home Insurance * | $2,042 | $24,504 |
| Property Taxes | $2,524 | $30,288 |
| Electricity | $609 | $7,311 |
| Total | $23,858 | $286,296 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-04 | Price change | $3,395,000 |
| 2025-09-04 | Price change | $3,495,000 |
| 2025-09-04 | Price change | $3,695,000 |
| 2024-10-21 | Price change | $3,450,000 |
| 2024-10-21 | Price change | $3,350,000 |
| 2024-10-21 | Price change | $3,550,000 |
| 2024-07-08 | Price change | $3,350,000 |
| 2024-07-08 | Price change | $3,250,000 |
| 2024-07-08 | Price change | $3,450,000 |
| 2024-05-28 | Price change | $3,250,000 |
| 2024-05-28 | Price change | $3,150,000 |
| 2024-05-28 | Listed for sale | $3,350,000 |
View on Zillow