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3221 Krause Road, Petoskey, MI 49770

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For Sale

$598,000

3 beds • 1,930 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $309.84
    Price per square foot

  • 21-30 Years Old
    Age

  • Basement
    Amenities

Explore this Property

40-ACRES OF BEAUTIFUL HARDWOOD FOREST...PLUS A ''COMFORTABLE'' FAMILY COTTAGE. Located at one of the highest points of Emmet County, you'll drive on the long curving drive, through your own forest until you reach the Family Compound, surrounded by quiet, pristine woods! The 1,930 sq ft Cottage is the just perfect Bunkhouse for a large family, plus many guests. YES, all the deer on the property, become yours! The main floor of the Cottage has a large living room, the kitchen, a dining area and a great big woodburning stove, which keeps the whole house warm and toasty! The Adult Bunk room has 3 beds. The half-bath is also on the main floor. The upper level houses the children's bunk room with 9 full beds, a queen and baby crib. The 1,200 square foot cement block basement, has the ground level exit door, plus windows. Wonderful front porch across the entire front. Perfect for enjoying company an entertaining. There's also a 30' by 24'-foot barn which serves as the garage for vehicles and all your toys. Furnishings are all included per list provided. Electricity and fiber optic cable are underground. YES, the hardwood can be harvested at proper intervals for income from the property.
MLS# 201835125

Courtesy Of Petoskey Real Estate Group
316 E. Mitchel St, Petoskey, MI
(231) 333-9145

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Patio, Basement
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Lot Size
    40 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 3221 Krause Road, Petoskey, MI 49770

Home seller CENTURY 21 Northland

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CENTURY 21 Northland

(231) 929-7900
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Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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