Sold for $475,000

$475,000

547 Franklin Estates Dr, Petoskey, MI 49770

3beds

1,350sqft

Single Family Residence

Built in 2025

1.44 Acres Lot

$476,500 Zestimate^®

$352/sqft

$2,930 Estimated rent

Home value

$476,500

$386,000 - $591,000

$2,930/mo

Zestimate^® history

Owner options

List your home for rent

$2,930/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,930/mo

Rent Zestimate^®

Refinance and save

$2,951/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$2,951/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Professionally landscaped yardUnderground irrigation systemAbundant natural lightCustom epoxy floorWooded lotBack deckLarge walk-in closet

Enjoy the Best of Northern Michigan Living in this beautifully crafted new-construction ranch, ideally located just minutes from downtown Petoskey. Nestled on a wooded lot that offers privacy and natural beauty, this three-bedroom,two-bathroom home features an open-concept layout with abundant natural light and a seamless flow throughout the main living spaces. The spacious primary suite boasts a large walk-in closet and serene views, while the back deck provides the perfect setting for morning coffee, summer barbecues, or relaxing with guests. Additional highlights include a finished attached two-car garage with a custom epoxy floor, a paved driveway, and a professionally landscaped yard with an underground irrigation system.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
Laundry: Main Level

Features

Walk-In Closet(s)

Interior area

Total structure area: 1,350
Total interior livable area: 1,350 sqft
Finished area above ground: 1,350

Property

Parking

Parking features: Driveway
Has garage: Yes
Has uncovered spaces: Yes

Features

Patio & porch: Deck, Patio/Porch
Frontage type: None

Lot

Size: 1.44 Acres
Dimensions: 229 x 277
Features: Landscaped

Details

Parcel number: 141733451128 & 1417

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Foundation: Crawl

Condition

New construction: Yes
Year built: 2025

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Subdivision: T35N, R4W

Location

Region: Petoskey

Financial & listing details

Price per square foot: $352/sqft
Tax assessed value: $6,600
Date on market: 8/6/2025
Listing terms: Cash,Conventional Mortgage,FHA,VA Loan
Ownership: Owner
Road surface type: Dirt, Maintained

Price history

Date	Event	Price
11/7/2025	Sold	$475,000$352/sqft
Source: WWMLS #201836313 Report a problem
10/14/2025	Contingent	$475,000$352/sqft
Source: WWMLS #201836313 Report a problem
9/7/2025	Price change	$475,000-4%$352/sqft
Source: WWMLS #201836313 Report a problem
8/6/2025	Listed for sale	$495,000+4900%$367/sqft
Source: WWMLS #201836313 Report a problem
5/12/2020	Listing removed	$9,900$7/sqft
Source: EXIT REALTY PREMIER #321525 Report a problem
9/20/2019	Listed for sale	$9,900$7/sqft
Source: EXIT REALTY PREMIER #321525 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2021	--	$3,300
2020	--	$3,300 -17.5%
2019	--	$4,000 -7%
2018	--	$4,300 -4.4%
2017	--	$4,500 -10%
2016	--	$5,000
2015	--	$5,000 -33.3%
2014	--	$7,500
2013	--	$7,500
2012	--	$7,500
2011	--	$7,500
2010	--	$7,500