Four miles from downtown Petoskey, 316 Foster's Woods sits on 25 pristine acres of wooded areas, and varied terrain — home to a variety of wildlife. Petoskey's shops, restaurants, and waterfront are just minutes away, yet here the quiet is complete. Properties with this much acreage this close to town rarely come available. Built in 2004 and lightly lived in, this 3-bedroom, 2-bath ranch offers an open floor plan with 9-foot ceilings and a wood-burning stove. The primary suite includes a large reading or office area and walk-in closet. The ensuite bath offers a walk-in shower, jetted tub, and double vanity. Step outside to a spacious deck or relax on the covered porch. A mudroom keeps the transition from land to living easy. Pull up the paved drive — with extra parking — into an oversized garage. A shed and 24x24 pole barn/garage are ready for equipment, hobbies, or storage. The encapsulated crawl space reflects the care that has gone into this home. Four miles out. A world away. Call today to schedule your showing.
For sale
Price cut: $40K (6/18)
$529,900
316 Foster Woods Rd, Petoskey, MI 49770
3beds
1,750sqft
SingleFamily
Built in 2004
25 Acres Lot
$520,700 Zestimate®
$303/sqft
$-- HOA
What's special
Covered porchOversized garageWalk-in closetWood-burning stoveSpacious deck
- 23 days |
- 3,838 |
- 224 |
Zillow last checked:
Listing updated:
Listed by:
Trish Hartwick,
Coldwell Banker Schmidt - Petoskey 231-347-7600
Source: Northern Michigan MLS,MLS#: 479607
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Area: 202.53
- Dimensions: 15.7 x 12.9
Bedroom
- Area: 147.06
- Dimensions: 12.9 x 11.4
Bedroom 1
- Area: 134
- Dimensions: 13.4 x 10
Dining room
- Area: 143
- Dimensions: 13 x 11
Kitchen
- Area: 167.12
- Dimensions: 12.11 x 13.8
Living room
- Area: 300.2
- Dimensions: 19 x 15.8
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range
Features
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total interior livable area: 1,750 sqft
Property
Parking
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Lot
- Size: 25 Acres
Details
- Additional structures: Garage(s)
- Parcel number: 011901100016
Construction
Type & style
- Home type: SingleFamily
Materials
- Modular-BOCA-Wood Frame
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Petoskey
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $321,400
- Date on market: 6/3/2026
Estimated market value
$520,700
$495,000 - $547,000
$2,665/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $529,900-7%$303/sqft |
Source: | ||
| 6/12/2026 | Price change | $569,900-5%$326/sqft |
Source: | ||
| 6/3/2026 | Listed for sale | $599,900+13.2%$343/sqft |
Source: | ||
| 2/21/2024 | Sold | $530,000+8.4%$303/sqft |
Source: Agent Provided Report a problem | ||
| 1/23/2024 | Listed for sale | $489,000$279/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2021 | -- | $160,700 +3.7% |
| 2020 | -- | $155,000 +1.2% |
| 2019 | -- | $153,100 +20.5% |
| 2018 | -- | $127,100 +2.4% |
| 2017 | -- | $124,100 +7.5% |
| 2016 | -- | $115,400 +11% |
| 2015 | -- | $104,000 +8.2% |
| 2014 | -- | $96,100 +3.9% |
| 2013 | -- | $92,500 -7.8% |
| 2012 | -- | $100,300 -1.8% |
| 2011 | -- | $102,100 -7.4% |
| 2010 | -- | $110,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 49770
Nearby schools
GreatSchools rating
- 6/10Ottawa Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 9/10Petoskey Middle SchoolGrades: 6-8Distance: 3.5 mi
- 7/10Petoskey High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- District: Petoskey
Source: Northern Michigan MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Emmet County
- Petoskey
- 49770
- 316 Foster Woods Rd





