Lake Michigan Real Estate Search

Lake Michigan Properties between $1,500,000 and $2,000,000 for Sale

Our website features the best real estate search for between $1,500,000 and $2,000,000 properties available in Lake Michigan and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Lake Michigan real estate market? Sign up for a  Lake Michigan Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Lake Michigan Properties between $1,500,000 and $2,000,000 for Sale

$1,650,000
4 Beds 5 Baths 480773 MLS ACTIVE Status
Perched on Seven Mile Point Ridge, this exceptional residence offers privacy and breathtaking "big water" views of Little Traverse Bay and Lake Michigan, stretching from Bay Harbor all the way to Beaver Island. Graceful lamp posts frame the circular drive and a slate walkway leads to the front door where you are instantly greeted by the lake views. The home is masterfully configured for effortless main-floor living and large windows bring the lake and year-round sunsets into every room. The heart of the home features a sunlit family room off the well appointed kitchen, where a porcelain gas stove provides cozy warmth and looks out over a generous lakeside deck—perfect for watching the weather and abundant wildlife.  The upper level hosts three additional bedrooms, two full baths and large closets providing ample accommodations for family and guests. A walkout lower level features a finished recreation room and direct staircase into the attached two-car garage. This massive space offers potential to be tailored to your needs, whether as a custom workshop, theater room or additional bedroom suites. Modern comfort and peace of mind are ensured by tandem heating and cooling systems, a whole-house generator, new decking with mahogany railings, fresh interior paint, wood laminate flooring, updated kitchen and laundry appliances and more. The nearby shared beach access on Lower Shore Drive is one of the most beautiful stretches on the coast. Located along the famous Tunnel of Trees just moments from downtown Harbor Springs, championship golf, world-class skiing and Pond Hill Farm this ridge-line retreat seamlessly blends secluded natural beauty with premier convenience.

5188 Seven Mile Point Ridge, Harbor Springs

$1,875,000
5 Beds 4 Baths 479667 MLS ACTIVE Status
Commanding panoramic views of Little Traverse Bay, State Beach, and Round Lake, this extraordinary 6,474 Sq. Ft. residence offers a rare opportunity to experience the beauty of Petoskey from a private, elevated setting. Situated on a secluded lot, the home captures breathtaking water vistas from nearly every room, creating a sense of tranquility and connection to Northern Michigan's natural splendor. Designed for both grand entertaining and comfortable everyday living, the home features 5 spacious bedrooms, 3.5 baths, and an open, light-filled floor plan showcasing the surrounding views. The great room is anchored by soaring ceilings and a double-sided stone fireplace, creating an impressive yet welcoming gathering space. Walls of windows frame ever-changing scenes of blue water, sunsets, and seasonal beauty. The heart of the home flows to an expansive deck overlooking the bay, while a warm, inviting study offers the perfect retreat for reading, working from home, or quiet reflection. A loft overlooking the main living area offers additional flexible living space with inspiring views. The lower level includes a versatile room with expansive windows and beautiful water views, ideal as a guest suite, mother-in-law quarters, art studio, home gym, or creative workspace. Constructed with quality 2x6 framing and enduring craftsmanship, this home offers exceptional comfort, flexibility, and lasting value. Every space has been thoughtfully positioned to maximize privacy, natural light, and spectacular vistas. Ideally situated between Petoskey and Harbor Springs, this residence offers convenient access to shopping, dining, marinas, golf courses, ski resorts, and Northern Michigan recreation. Combining estate-like privacy with proximity to premier amenities, this home offers the best of both worlds. A rare offering of this scale, character, and setting, delivering a lifestyle defined by beauty, comfort, and unforgettable views.

1425 Bay View Heights Drive, Petoskey

$1,999,000
3 Beds 5 Baths 479487 MLS ACTIVE Status
Perched at the highest elevation in Bay Harbor, our community offers sweeping panoramic views of both Lake Michigan and Bay Harbor which are a rare and breathtaking backdrop for sophisticated and classic living. Just three blocks from the heart of Bay Harbor’s social scene, you’re steps away from boutique shopping, fine dining and sipping, boating, swimming, and building meaningful connections with new friends. Contemporary urban living overlooking the serene expanse of Lake Michigan. The Marina Walk, a first floor condominium, offers three bedrooms, four and one-half baths, a two car attached garage, and easy access to separate indoor electric low speed vehicle storage. Notable features include an open floor plan, spacious primary bedroom with ample sized walk-in closets, kitchen with large center island and seating for five that flows into the dining room, and a generous private covered terrace off the great room. This unit will offer views of Bay Harbor’s Marina District and Little Traverse Bay. Village Heights at Bay Harbor is simply an idyllic location. Sunset Beach, Bay Harbor Lake Marina, the Village at Bay Harbor and the Bay Harbor Swim and Fitness Club are just steps from your residence. Relish in the excitement of this vibrant community savoring the panoramic views of Little Traverse Bay and Pure Michigan sunsets. An on-site rental management program is available with significant rental potential.

3761 Cliffs Drive Unit #Unit 6, Bay Harbor

$1,870,000
18 Beds 18 Baths 478039 MLS ACTIVE Status
525 W. Mitchell St. & 516 Monroe St. A Rare Investment Opportunity in the Heart of Petoskey, Michigan…home of spectacular sunrises and sunsets, iconic downtown, friendly neighbors, find it all here. Across the street from a regional hospital, walkable to downtown restaurants, waterfront, and more. Your dream investment opportunity starts here… and it provides you with a place to live as well.…look no further, it’s all right here. It’s a place to live with your family, while managing on-site rentals; employee housing, with income from a commercial business/office space. A Boutique hotel? Plus a house for additional income, or make it your own residence for when you spend time in Northern Michigan. This unique/versatile commercially zoned property across from a regional hospital in Petoskey, zoned COP-B-3 & RM-2, with approximately 10,580 sq ft. of rental opportunity, includes: House w/back yard, 2B, 2B & 1 Garage, 16 micro rental units w/bath, 2 large commercial spaces for office/retail. Basement storage, clean & dry. Security system, city water & sewer, wi-fi available. Off street parking for approx. 10 cars, and commercial laundry room. Recent upgrades: $90K roof, new windows, vanity & sinks in small units. All units occupied and leased. Showings are scheduled weekly as to not disrupt the tenants. Contact Carole to schedule a showing. PRE-QUALIFIED BUYERS ONLY 525 W. Mitchell is an intown Petoskey gem!

525 W Mitchell Street, Petoskey

$1,850,000
477427 MLS ACTIVE Status
Prime Retail and Office Building for Sale in Petoskey's Gaslight District Secure your business's future in one of Northern Michigan's most sought-after resort communities, located along the pristine shores of Lake Michigan. This exceptional commercial building is ideally situated in the historic Gaslight District of Petoskey, a vibrant hub of boutiques, galleries, and award-winning dining. Key Features Location, Location, Location: Immerse your brand in the charm and elegance of downtown Petoskey. The Gaslight District is the premier destination for both year-round residents and a massive influx of seasonal tourists, ensuring consistent foot traffic and high visibility. High-Traffic Visibility: Benefit from a daily traffic count of 3,970 vehicles, providing your business with constant exposure to potential customers. Exclusive Parking: A rare and invaluable asset in downtown Petoskey, this property includes eight dedicated private parking spaces at the rear of the building, offering convenience for both owners and staff. Thriving Community: Petoskey is a top-tier resort destination, known for its pristine beauty, world-class amenities, and affluent clientele. Join a community of successful businesses and tap into a robust local and tourist economy. Versatile Space Options This 7,958-square-foot commercial building offers a unique opportunity for diverse use. The street-level features 3,958 square feet of retail space, currently occupied by a clothing store but can be retrofitted for two separate retail stores. The second level features a total of 4,000 square feet, consisting of five office suites and two restrooms. This versatility makes the property ideal for a variety of uses, including: Boutique Retail Art Gallery Specialty Food Shop Professional Services Don't miss this chance to establish your presence in a prime location. Contact us today for your private showing.

321 E Lake Street, Petoskey

Start Your Search

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.