Skip main navigation
For sale
  • Price cut: $200K (4/22)
    $3,199,000

    701 E Beach St, Petoskey, MI 49770

    5beds
    3,978sqft
    : 
    Loading
    Get pre-qualified
    SingleFamily
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $804/sqft
    $416/mo HOA

    What's special

    Fire pitMeticulously manicured groundsHigh-end finishesBasketball courtGenerous walk-in closetSpa-inspired master bathSpacious family room
    Experience the pinnacle of Northern Michigan living in this exquisite 5-bedroom, 6.5-bath custom home located in the coveted Village Beach Association. Offering unobstructed panoramic views of Lake Michigan, this stunning residence seamlessly blends timeless elegance with modern comfort in one of the region’s most desirable lakefront communities. The main level welcomes you with a light-filled open-concept kitchen, dining, and living area, designed for effortless entertaining and everyday luxury. High-end finishes, top-tier appliances, and expansive windows invite the beauty of the lake indoors. Downstairs, the lower level is tailor-made for relaxation or hosting, featuring a spacious family room and full bath — perfect for game nights, movie marathons, or casual gatherings. On the second floor, retreat to the expansive master suite, a private sanctuary with breathtaking lake views, a spa-inspired master bath, and a generous walk-in closet. Two additional en-suite bedrooms also offer sweeping vistas of Lake Michigan, providing comfort and privacy for family and guests alike. The third floor showcases a spectacular fifth en-suite bedroom with a dedicated sitting area, ideal for a guest retreat, office, or multi-generational living. Step outside to an outdoor oasis unlike any other — from the meticulously manicured grounds to the spacious patio areas, fire pit, and basketball court, every detail is designed for family fun and effortless entertaining. Village Beach is not only a serene and luxurious enclave — it also offers exceptional rental potential, making this a savvy investment opportunity. All just a short stroll from the charm and culture of downtown Bay Harbor, including world-class dining, boutique shopping, and the acclaimed Great Lakes Center for the Arts. Joining the Bay Harbor Yacht Club is optional but provides access to an array of dining options, state of the art workout facility, racket sports, full service spa, and more. Visit www.bayharboryc.com.
    361 days
    |
    678
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Leavy,

    Kidd & Leavy Real Estate Co. LLC 231-439-2800

    Source: Northern Michigan MLS,MLS#: 477264MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Primary bedroom
      • Area: 450
      • Dimensions: 15 x 30
      Bedroom
      • Area: 272
      • Dimensions: 16 x 17
      Bedroom 1
      • Area: 156
      • Dimensions: 13 x 12
      Bedroom 2
      • Area: 744
      • Dimensions: 24 x 31
      Dining room
      • Area: 247
      • Dimensions: 19 x 13
      Family room
      • Area: 450
      • Dimensions: 30 x 15
      Kitchen
      • Area: 247
      • Dimensions: 19 x 13
      Living room
      • Area: 247
      • Dimensions: 19 x 13
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Built-in Microwave, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range
      Features
      • Flooring: Wood
      • Basement: Full,Finished
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total interior livable area: 3,978 sqft

      Property

      Parking
      • Parking features: Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Two Or More
      • Patio & porch: Deck, Patio
      Lot
      • Features: Paved
      Details
      • Additional structures: None
      • Parcel number: 521803410165

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Wood Frame/Site Built

      Utilities & green energy

      • Sewer: City
      • Water: City
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Security: Security System
      HOA
      • Has HOA: Yes
      • HOA fee: $4,995 annually
      • HOA name: Bay Harbor BH
      Location
      • Region: Petoskey

      Financial & listing details

      • Price per square foot: $804/sqft
      • Tax assessed value: $521,400
      • Date on market: 7/23/2025
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,693/mo

        Price history

        DateEventPrice
        4/22/2026Price change$3,199,000-5.9%$804/sqft
        Source: Northern Michigan MLS #477264 Report a problem
        9/18/2025Price change$3,399,000-10.5%$854/sqft
        Source: Northern Michigan MLS #477264 Report a problem
        8/13/2025Price change$3,799,000-2.6%$955/sqft
        Source: Northern Michigan MLS #477264 Report a problem
        7/23/2025Listed for sale$3,900,000+188.9%$980/sqft
        Source: Northern Michigan MLS #477264 Report a problem
        3/31/2016Sold$1,350,000$339/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017-- $260,700 +14.9%
        2016-- $226,800 +21.3%
        2015-- $187,000 +5.4%
        2014-- $177,400 +13.6%
        2013-- $156,200
        2012-- $156,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Bay Harbor

        Getting around

        23 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

        Browse local experts

        Similar homes