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3575 Charlevoix Ave #3419, Petoskey, MI, 49770

3beds
4baths
5,078sqft
$2,895,000
$570price/sqft
$18,769/moest. monthly cost
$750,760/yrincome needed

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 5,078 square feet of interior living space, complemented by a 598 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The main living level is ideal for hosting, anchored by a gourmet kitchen, premium appliances, generous island, fireplace, wet bar, and private balcony suspended above the water. The primary suite is a serene retreat with panoramic views, balcony access, a spacious walk-in closet, and spa-inspired bath. The walkout lower level provides an en-suite guest bedroom, family room, bar area, office, and private patio, creating effortless flow for entertaining and extended stays. 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

21
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

10/10
Lincoln SchoolGrades K-52.1 mi
9/10
Petoskey Middle SchoolGrades 6-83.9 mi
7/10
Petoskey High SchoolGrades 9-123.7 mi

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: Full,Walk-Out Access,Finished

Bedroom

  • Area: 156

Bedroom1

  • Area: 156

Bedrooms & Bathrooms

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

Family Room

  • Area: 572

Features

  • 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: 5,078 sqft

Kitchen

  • Area: 425

Living Room

  • Area: 425

Master Bedroom

  • Area: 195

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: 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
    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 $14,638$175,656
Home Insurance *$1,600$19,200
Property Taxes $1,978$23,736
Electricity $553$6,646
Total$18,769$225,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$643,508/yr
40% on housing$563,070/yr
45% on housing$500,506/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

$570This listing

vs Other Active Listings

Avg $/sqft

ZIP 49770$446
Emmet County$415

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
2024-05-28Price change$2,845,000
2024-05-28Price change$2,795,000
2024-05-28Listed for sale$2,895,000

For Sale by Agent

AgentPatrick Leavy
BrokerageKidd & Leavy Real Estate Co. LLC

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