102 State Street, Petoskey, MI

$499,000

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4

Beds

3

Baths

1,904

Square feet

0.10

Acres

About 102 State Street

This thoughtfully restored classic Victorian home provides exceptional flexibility, currently functioning as a spacious single-family residence while offering seamless conversion potential for multigenerational living or duplex investment opportunities. The versatile floor plan could accommodate a main floor one-bedroom, one-bath unit alongside a two-story three-bedroom, one-and-a-half-bath unit, each equipped with separate utilities and meters for complete independence. Fully renovated in 2005 down to the studs with new walls, windows, electricity, and plumbing, this home functions like new construction while maintaining historic elegance. Natural light throughout, rich Brazilian cherry hardwood floors, nearly 10-foot ceilings with crown moldings and medallions, and matching solid brass hardware add authentic details. The main kitchen features a built-in banquette, solid surface countertops, and stainless steel appliances. The comfortable living room showcases an elegant open staircase. Energy-efficient features include argon-filled windows, extra insulation, and cedar shake siding. Recent improvements include a rebuilt second-floor porch and deck (2020), enhanced drainage, garden landscaping, and updated plumbing fixtures. Outdoor spaces feature a spacious rear deck, a cozy patio area, and a front porch surrounded by three-season perennial gardens. Amenities include detached garage and storage in basement. Located in a safe, neighborly community just one block from Bear River hiking trails and an easy walk to downtown's shops, restaurants, library, and Little Traverse Bay. This exceptional property combines historic charm, modern functionality, and flexible living options in one of the area's most desirable neighborhoods.

Features of 102 State Street

MLS® # 477571
Price $499,000
Bedrooms 4
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 1,904
Acres 0.10
Type RESIDENTIAL
Sub-Type Residential
Status Active

Community Information

Address 102 State Street
City Petoskey
County Emmet
Province MI
Postal Code 49770

Amenities

Features Built In Microwave, Cable, Deck, Dishwasher, Dryer, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
Parking One
# of Garages 1
Garages Garage-Detached
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Michigan, Partial

Exterior

Roof Asphalt Shingle
Construction Wood Frame/Site Built

School Information

District Petoskey

Additional Information

Zoning Residential
Foreclosure No
Short Sale No

Listing Details

OfficeColdwell Banker Schmidt - Petoskey
Contact Info231-838-0411

Listing Map

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