Real Estate Statistics
| Average Price | $312K |
|---|---|
| Lowest Price | $58K |
| Highest Price | $995K |
| Total Listings | 35 |
| Avg. Days On Market | 102 |
| Avg. Price/SQFT | $157 |
Property Types (active listings)
Browse Bellaire Downtown Homes for Sale
- All Listings
- Under $100,000
- $100,000 - $200,000
- $200,000 - $300,000
- $300,000 - $400,000
- $400,000 - $500,000
- $500,000 - $600,000
- $700,000 - $800,000
- $900,000 - $1,000,000
Bellaire, MI Downtown Homes for Sale: 9 Reasons to Make Your Move Today
Introduction to Bellaire, MI
Nestled in the heart of Northern Michigan, Bellaire is more than just a scenic town—it's a lifestyle. Whether you're considering relocating permanently or scouting for a second home, downtown Bellaire, MI offers a blend of charm, convenience, and community spirit that’s hard to beat.
In this article, we’ll walk you through 9 compelling reasons to buy a home in downtown Bellaire, covering everything from walkable neighborhoods and investment opportunities to lifestyle perks like lakeside living and local events. By the end, you’ll understand why so many are calling Bellaire their home sweet home.
Where is Bellaire Located?
Bellaire is located in Antrim County in Northwest Michigan, about 45 minutes northeast of Traverse City. This prime location makes it easily accessible while still offering that small-town, secluded feel many homebuyers crave.
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Nearby Cities: Traverse City, Petoskey, Charlevoix
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Major Lakes: Torch Lake, Lake Bellaire, Intermediate Lake
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Closest Airport: Cherry Capital Airport (TVC)
What Makes Downtown Bellaire Unique?
Downtown Bellaire boasts a traditional main street lined with independent shops, cozy cafes, galleries, and well-preserved historic buildings. It’s walkable, it’s charming, and it’s vibrant year-round. Think Hallmark movie vibes—with an authentic Michigan twist.
Check out this video for a look at the Bellaire community.
The Real Estate Landscape in Downtown Bellaire
Types of Downtown Homes Available
From lovingly restored historic homes to new builds with modern amenities, downtown Bellaire offers a variety of housing styles:
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Victorian and Colonial homes with wraparound porches
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Craftsman bungalows with hardwood floors
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Modern townhouses and lofts
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Lakeview cottages just steps from downtown
Whether you're after old-world charm or sleek design, there's something here for every taste.
Pricing Trends and Market Forecast
According to recent data, home prices in downtown Bellaire have seen consistent appreciation, with an average listing price ranging from $275,000 to $600,000 depending on size, location, and view. Inventory is limited, which adds to the area's desirability.
Current Trends:
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High demand for homes under $400K
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Homes with lake views or walkability to downtown sell faster
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Competitive bidding is common in spring and summer
Investment Potential and ROI
Downtown Bellaire isn’t just a great place to live—it’s a smart place to invest. Thanks to the town’s growing popularity as a vacation and retirement destination, real estate here offers solid ROI potential.
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Short-Term Rentals: Strong summer and winter demand
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Long-Term Appreciation: Steady 4-6% annual increase over the last five years
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Vacation Property Appeal: Lake access + ski resorts = high occupancy
Reason #1: Walkable Lifestyle in a Quaint Downtown
One of the biggest draws of downtown Bellaire is the walkability. You can stroll to breakfast at a corner café, browse art shops in the afternoon, and enjoy live music in the evening—all without getting in your car.
Perks of walkability:
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Reduced reliance on vehicles
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Better health and wellness
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Tight-knit community feel
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Higher property values
It’s the kind of lifestyle that makes you fall in love with your neighborhood all over again.
Reason #2: Proximity to Torch Lake and Lake Bellaire
Living in downtown Bellaire means you’re just a stone’s throw from some of the clearest, most stunning freshwater lakes in the country.
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Torch Lake: Famous for its Caribbean-blue waters
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Lake Bellaire: A quiet gem perfect for kayaking and fishing
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Access: Public docks and boat launches nearby
Waterfront weekends, anyone?
Reason #3: Vibrant Dining and Brewery Scene
You might not expect a town of this size to have such a robust culinary offering—but Bellaire overdelivers.
Short’s Brewing Company and Local Favorites
Short’s Brewing Company is the anchor of Bellaire’s food scene and a true local institution. But it’s not the only game in town.
Local hot spots:
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Lulu’s Bistro: Upscale dining with farm-to-table flair
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The Lunch Box: Perfect for breakfast burritos or a cozy brunch
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Bee Well Meadery: Sip award-winning ciders and meads
The food scene here is a treat for the taste buds and a boost for home values.
Reason #4: Four-Season Activities at Your Doorstep
No matter the season, there’s always something to do in Bellaire.
Skiing, Golfing, Biking, and More
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Winter: Shanty Creek Resort for skiing and snowboarding
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Spring: Trout fishing in the Cedar River
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Summer: Paddleboarding on Lake Bellaire
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Fall: Scenic drives and color tours
The best part? All of this is just minutes from your front door.
Reason #5: Community Vibes and Small-Town Charm
In Bellaire, neighbors know each other, businesses remember your name, and local events bring everyone together.
Friendly Neighbors and Local Events
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Farmers Markets: Fresh produce and handmade goods
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Art Fairs and Parades: Regular events year-round
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Community Theater and Music Nights: Local talent on display
This is the kind of town where you feel like you belong from day one.
Reason #6: School Systems and Family-Friendliness
Bellaire is a wonderful place to raise a family, thanks to its quality schools and safe neighborhoods.
Education Opportunities Nearby
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Bellaire Public Schools: Strong academics, small class sizes
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Private School Options: Available within a 30-minute drive
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Childcare and Enrichment: Local daycare and learning centers
It’s a wholesome environment where kids can thrive.
Reason #7: Investment in Infrastructure and Growth
Bellaire isn’t just resting on its laurels. The town is investing in its future.
New Developments and Future Plans
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Streetscape Enhancements: Improving downtown walkability
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Broadband Expansion: Better connectivity for remote work
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Eco-Friendly Initiatives: Preserving green space and waterways
The town is growing the right way—carefully and intentionally.
Reason #8: High Demand for Vacation Rentals
Bellaire sees a surge in visitors each season, and many are looking for charming downtown rentals.
Using Your Home as an Income Property
If you’re not planning to live in your home full-time, renting it out is a great way to generate income.
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NorthernMichiganEscapes.com can manage bookings, cleanings, and guest services
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Average nightly rates: $200–$500 depending on season and amenities
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High occupancy: Especially during ski and lake seasons
Reason #9: Competitive Advantage of Working with Brook Walsh
You don’t have to navigate the real estate market alone.
Expertise in Northern Michigan Real Estate
Brook Walsh is a trusted name in Northern Michigan real estate, with a proven track record of helping buyers and sellers succeed. With hyper-local knowledge, data-backed pricing strategies, and white-glove service, Brook ensures your home buying experience is seamless and rewarding.
Tips for Buying a Downtown Home in Bellaire, MI
What to Look for When Touring Properties
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Structural integrity (especially in historic homes)
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Proximity to downtown and lakes
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Updates to plumbing, electrical, and roofing
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Outdoor space for entertaining or relaxing
Financing and Local Lending Insights
Work with local banks familiar with Bellaire real estate. Credit unions and small-town lenders may offer better terms and personalized service.
Common Mistakes to Avoid
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Waiting too long to make an offer
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Underestimating rental income potential
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Skipping the home inspection
Frequently Asked Questions
Q. Is Bellaire a good place for year-round living?
A. Yes! Residents enjoy beautiful summers and snowy winters, with plenty of year-round activities and amenities.
Q. Are downtown homes typically move-in ready?
A. Many are, especially newly renovated ones. However, historic homes may need updates.
Q. What’s the average cost of homes in downtown Bellaire?
A. Between $275,000 and $600,000, depending on size and location.
Q. How competitive is the market right now?
A. Homes in prime locations sell quickly—especially those under $400K.
Q. Can I use my Bellaire home as a short-term rental?
A. Yes, and it’s a popular option. Just be sure to check local ordinances and HOA rules.
Q. What’s the best way to get started?
A. Contact a local expert like Brook Walsh to begin your home search and learn about market conditions.
Conclusion: Bellaire is Calling—Will You Answer?
From scenic lakes and walkable streets to a thriving food scene and a welcoming community, downtown Bellaire is the whole package. Whether you're seeking a primary residence, vacation home, or investment property, Bellaire offers the lifestyle—and the opportunity—you’ve been looking for.
Work with a Local Real Estate Expert
If you're ready to explore homes for sale in downtown Bellaire, don’t go it alone. Brook Walsh and the team at BrookWalsh.com and Northern Michigan Escapes are ready to help you find the perfect place and make your move with confidence.
Explore homes in the downtown lifestyle communities below or contact Brook Walsh to help with your search. You can also reach Brook by phone at (231) 459-3179 for all of your Northern Michigan real estate needs.
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