2387 Cedar Valley Rd is a 4,640 square foot house on a 236.98 acre lot with 2.5 bathrooms. Based on Redfin's Petoskey data, we estimate the home's value is $1,577,817.
Single-familyProperty Type
236.98 acresLot Size
$340Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,577,817
$194K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 33.3% lower than the average sale price ($2.37M) of 5 comparable homes.
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Market trends in 49770, MI
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
95.9%
2.5% MoM
Median sale price
$675K
$165K MoM
Avg. days on market
22d
7 days MoM
Recently sold homes
22
6 MoM
Provided by Redfin
Sale history for 2387 Cedar Valley Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2024
$5,146 (+5.2%)
2023
$4,890 (+4.2%)
2022
$4,692 (+3.4%)
2021
$4,539 (+1.9%)
2020
$4,455 (+18.2%)
2012
$3,770
Tax history for 2387 Cedar Valley Rd
Year
Property tax
Land + Additions
Assessment*
2024
$5,146 (+5.2%)
2023
$4,890 (+4.2%)
2022
$4,692 (+3.4%)
2021
$4,539 (+1.9%)
2020
$4,455 (+18.2%)
2012
$3,770
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 2,880
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Heating Type: Forced Air
Exterior
Property Information
Living Sq. Ft: 4,640
Ground Floor Sq. Ft: 2,880
Building Sq. Ft: 4,640
Legal Description: N 1/2 OF SE 1/4, N 1/2 OF SW 1/4, & S 1/2 OF NW 1/4 EXC COM AT NW COR OF S 1/2 OF NW 1/4, TH S 200 FT, TH E 258 FT, TH N 200 FT, TH W 258 FT TO POB, ALSO EXC COM 171 FT S OF W 1/4 POST, TH S 200 FT, E 200 FT, N 200 FT, W 200 FT TO POB, & EXC COM 324 FT N OF SW COR OF NW 1/4 OF SW 1/4 TH N 200 FT, E 200 FT, S 200 FT, W 200 FT TO POB. 236.98 AC SECTION 15, T34N, R5W.
Parking & Garage Information
Garage/Parking Sq. Ft: 744
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,322,849
Municipality Name: BEAR CREEK TWP
Acres: 236.98
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2024
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 4,640
Stories: —
Lot Size: 236.98 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Emmet County
APN: 01-19-15-100-003
Home facts updated by county records on Sep 23, 2026
Around this home
Schools
Ottawa Elementary School
Public PreK-5 • Assigned • 2.3mi
6/10
Petoskey Middle School
Public 6-8 • Assigned • 2.0mi
9/10
Petoskey High School
Public 9-12 • Assigned • 2.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 93° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Petoskey, MI • 49770
Average low and high temperatures (°F)
26
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40
25
51
33
60
43
73
55
78
61
75
58
70
53
62
44
45
35
33
23
Jan
Feb
Mar
Apr
May
Jun
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Aug
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Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 2.2 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
2.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.50M – $1.82M
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