# 03221 Krause Road, Petoskey, MI 49770

> **TL;DR:** 3bd/0ba single family, $499,000 ($259/sqft), built 2003, 1,930 sqft. Est. $2,669/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,000 |
| Price/sqft | $259 |
| Bedrooms | 3 |
| Square Feet | 1,930 |
| Year Built | 2003 |
| Lot Size | 1,742,400 sqft (40.00 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,523 |
| Estimated Insurance | $146 |
| **Total** | **$2,669** |

## Property Highlights

- Built in 2003
- 40.00 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 03221 Krause Road, Petoskey, MI 49770
- **County:** Emmet
- **Coordinates:** 45.331166, -84.878854
- **Google Maps:** https://www.google.com/maps?q=45.331166,-84.878854

## Listing Agent

- **Name:** Joe Blachy
- **Brokerage:** Petoskey Real Estate Group
- **Phone:** 2314099119

## Primary Photo

![03221 Krause Road - Primary Photo](http://lh.rdcpix.com/f2b4079f226528129f6eec0ae07e6db9l-f558657904r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.ai/listing/03221-krause-road-petoskey-mi-49770-s480179)*

---

**MLS#:** 480179 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/03221-krause-road-petoskey-mi-49770-s480179)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "03221 Krause Road, Petoskey, MI 49770",
  "description": "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 w",
  "url": "https://www.propertysimple.ai/listing/03221-krause-road-petoskey-mi-49770-s480179",
  "image": "http://lh.rdcpix.com/f2b4079f226528129f6eec0ae07e6db9l-f558657904r.jpg",
  "price": 499000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "03221 Krause Road",
    "addressLocality": "Petoskey",
    "addressRegion": "MI",
    "postalCode": "49770",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 45.331166,
    "longitude": -84.878854
  },
  "numberOfBedrooms": 3,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1930,
    "unitCode": "FTK"
  },
  "yearBuilt": 2003
}
```