Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Schmidt Realtors

Property view
Listing view 2
Listing view 3

03221 Krause Road, 
Petoskey, MI 49770

$499,000


3

Beds


Bath


1,930

Sq Ft


Single Family

Active

Listed by

Joe Blachy

Petoskey Real Estate Group

231-333-9145

Last updated:

July 31, 2026, 03:32 PM

MLS#

480179

Source:

MI NMMLS

About This Home

03221 Krause Road

40-ACRES OF BEAUTIFUL HARDWOOD FOREST…PLUS A HUNTING CABIN AND BUNKHOUSE, JUST FIVE MILES TO PETOSKEY. You’ll drive on the long curving drive, through your own forest until you reach the hunting cabin, surrounded by quiet, pristine woods! The 1,930+ sq ft hunting cabin & bunkhouse is just perfect for a large family, plus many guests. YES, all the deer on the property, become yours! The main floor of the hunting cabin & bunkhouse has a large living room, kitchen, a dining area and a great big woodburning stove, which keeps the whole hunting cabin warm and toasty! The first floor bunk room has 3 beds. The half-bath is also on the main floor. The upper level houses another 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 and 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. Two hunting blinds are including. Wonderful outhouse! ASK REALTOR FOR 4-COLOR BROCHURE WITH ALL THE DETAILS.

Home Facts

Single Family

3 Bedrooms

Built in 2003

Price Summary

499,000

$258 per Sq. Ft.

MLS #:

480179

Last Updated:

July 31, 2026, 03:32 PM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Interior

Living Area:

1,930 Sq. Ft.


Structure

Structure

Building Area:

1,930 Sq. Ft.

Year Built:

2003


Lot

Lot Size (Sq. Ft):

1,742,400


Finances & Disclosures

Finances

Price:

$499,000

Price per Sq. Ft:

$258 per Sq. Ft.

Source:MI NMMLS
The information being provided by Northern Michigan Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Northern Michigan Mls All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.