1414 Kilborn Drive, Petoskey, MI 49770

$549,000
3
BD
2
BA
2,456
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$549,000
Status
ACTIVE
MLS#
480899
Bedrooms
3
Full-baths
1
Half-baths
1
Sq. Ft
2,456

Property Description

A unique opportunity in Petoskey offering an exceptional combination of residential living, income potential, and commercial flexibility. Situated just outside the city limits and only minutes from downtown Petoskey, 1414 Kilborn Drive offers a three-bedroom, one-and-a-half-bath home along with attached professional office/commercial space, all under one roof. Short-term rentals are allowed, adding yet another option for an owner, investor, or someone looking for a flexible live/work property. The property offers numerous possibilities—live in the residential portion while operating your business next door, lease the commercial space for additional income, utilize the property as a short-term rental, or explore converting additional space back to residential use or creating a duplex-style configuration. Originally constructed as a home, the building provides tremendous flexibility for a variety of future uses, subject to applicable zoning and approvals. Set on a prominent corner at Kilborn Drive and US-131, the property offers excellent visibility and convenient access while backing up to an established residential neighborhood. Enjoy a nice backyard and easy access to shopping, restaurants, medical services, and everyday conveniences, with downtown Petoskey and the waterfront just a short drive away. A versatile property with an uncommon combination of location, residential comfort, commercial potential, and opportunity. Please note: some minor construction would be needed to fully separate and configure the third bedroom and living room from the adjoining commercial space.

Additional Information

Waterfront
Neither
Construction
Wood Frame/Site Built
Roof
Asphalt Shingle
Features
Cable, Paved Drive, Range, Refrigerator, Wood Fireplace, Wood Stove, Paved Road
Garage Description
Garage-Attached
Garage Spaces
Two
Master Bdrm Level
Main
Basement
Block
School District
Petoskey
Heating
Natural Gas, Forced Air, Electric Baseboard, Heat Pump
Water
City
Sewer
City

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of William Winslow from Coldwell Banker Schmidt- Harbor Springs. cell: 231-622-5035

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. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 NM-MLSX.