Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4 Beds
3 Baths
3,981 sqft

$2,427,000

3135 Depew Road, Petoskey MI, 49770

Price per sqft$609.65
Built in1991
Property size3,981 sqft
Property typeResidential

Overview

Active

Listed Jun 29, 2026

Updated 3h ago

Unparalleled home and property tucked between the North and West Arms of Walloon Lake that provides a little something for everyone. The main home and two adjacent parcels total 18.89 acres are being offered with this listing, but there's also a guest house, and outbuilding currently used as a woodworking shop on 4.55 acres that is a separate listing, (MLS 479946) that could be purchased, making this a multi-generational oasis with two meticulously crafted homes on over 23.44 acres of some of the most picturesque property Michigan has to offer. With two boat launches within minutes of the property, getting out onto Walloon Lake is easy, and Petoskey is just 10 minutes away. However, the privacy you feel at this estate evokes a feeling that it's just you and nature, as no other homes are visible, except a few homes on the opposite side of the West Arm in the background of your water views of Wallon Lake. So, what do you get with 3135 Depew Rd? To start, there is the recently updated 4-bedroom 3-bath main house across 2 parcels, including lush deer-proof gardens, a greenhouse, and a brand-new studio/office tucked behind the house with heat/air and Wi-Fi. There are paths to traverse the property, meandering to a 3rd included parcel that fronts 1000-plus feet of Lake Grove Road, offering spring-fed ponds, a picturesque stream, a fruit orchard, deer blinds, and a beautiful mix of pines and deciduous trees that are spectacular to observe in all 4 distinct Northern Michigan Seasons. As for maintenance, the home and property are meticulously cared for and loved by the current owners. Everything has been updated from the roof to the mechanicals to the expansive Tigerwood decking that frames the home against the lush plantings and hardscape that lead you to your own personal park. So, if you are searching for simple relaxation or for kids/adults to recreate in the heart of Northern Michigan fun, 3135 Depew is waiting for you. Call for a private tour and more details.

$16,147/mo

Est. mortgage payment based on a $2,427,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
479947

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
18.89 Acres

Other Property Details

Garage
Yes
Pool
Yes

Listed by Michael "Mac" McCarthy with Gaslight Group Properties
Listing Contact: Main: 231-347-7300 

Based on information from Northern Michigan MLS. Data last updated 9/30/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Coldwell Banker Fairbairn Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Northern Michigan MLS. All rights reserved.

Powered by Luxury Presence