Lake Michigan Real Estate Search

Lake Michigan Properties between $500,000 and $600,000 for Sale

Our website features the best real estate search for between $500,000 and $600,000 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 $500,000 and $600,000 for Sale

$595,000
3 Beds ⋅ 2 Baths ⋅ 480729 MLS ⋅ ACTIVE Status
Charming, freshly painting cottage on Back Beach! This idyllic location is close to everything in-town living offers, with 125 feet of beautiful sandy beach. Built from a Sears kit in 1920, this 3 bedroom, 2 bath cottage is a classic Beaver Island getaway. The decking wraps around the outside with stairs leading down to the beach. Schedule your showing!

25895 Pine Street, Beaver Island
$525,000
2 Beds ⋅ 2 Baths ⋅ 480018 MLS ⋅ ACTIVE Status
This beautifully remodeled 2-bedroom, 2-bathroom home offers approximately 1,200 square feet of comfortable living space. Designed to maximize its stunning setting, the home features breathtaking views of Lake Michigan that can be enjoyed from the main living areas and outdoor spaces. An open and inviting floor plan creates a warm atmosphere for relaxing or entertaining, while large windows fill the home with natural light and showcase the spectacular waterfront scenery. Just a short walk to the historic Legs Inn and to the shore of Lake Michigan. Whether you're looking for a year-round residence, a peaceful weekend retreat, or an investment property, this home combines cozy living with the unmatched beauty of Lake Michigan.

6538 N Lake Shore Drive, Harbor Springs
$599,000
5 Beds ⋅ 3 Baths ⋅ 479801 MLS ⋅ ACTIVE Status
Welcome to 5815 Farrell Road in Central Lake, where spacious living, lake views, and Up North convenience come together in a beautifully updated home offering nearly 2,400 square feet of finished living space. With 5 bedrooms and 3 baths, this property delivers the room and flexibility today’s buyers are looking for. The main living area features vaulted ceilings, large windows, and a striking stone fireplace that anchors the open-concept gathering space. The kitchen is well appointed with granite countertops, updated cabinetry, stainless appliances, a large peninsula, and generous prep space, making it ideal for everyday living or entertaining. The primary suite offers a private retreat with a spacious bath featuring dual vanities, a soaking tub, and a tiled walk-in shower. Additional bedrooms, a loft-style sitting area, and dedicated office/flex space provide plenty of options for work, guests, hobbies, or storage. The finished lower level expands the home’s functionality with a recreation room, bonus kitchen, additional living space, and walkout access to the lower patio. Outside, enjoy multiple areas to relax and take in the setting, including an elevated deck, landscaped patio with firepit area, garden beds, and views stretching toward the lake and surrounding countryside. Located in the heart of Northern Michigan, this Central Lake home places you near Intermediate Lake, Torch Lake, the Chain of Lakes, Bellaire, Shanty Creek, Glacial Hills, A-Ga-Ming Golf Resort, Lake Michigan, and endless four-season recreation. Whether you are looking for a year-round residence, vacation getaway, or a property with room for extended stays, that offers space, setting, and versatility in one impressive package. Turn Key package available! Motivated Seller!

5815 Farrell Road, Central Lake
$564,900
2 Beds ⋅ 3 Baths ⋅ 479598 MLS ⋅ ACTIVE Status
Prime Live-Work or Income Opportunity with Sweeping Bay Views Discover a rare real estate gem in an exceptional, high-visibility location—situated just steps from McLaren Hospital and right next door to the beloved Johan's Bakery. Zoned B3, this versatile property perfectly blends premium residential living with a stable, turnkey commercial investment. The Residential Highlights: Luxury & Versatility The residential component of this property features two stunning, extensively upgraded 1-bedroom, 1-bathroom apartments that offer incredible flexibility for an owner-occupant or savvy investor: The Upper Unit: Features breathtaking, sweeping views of the bay directly from the living room, kitchen, and private deck. Perfect as a luxury primary residence or a high-end rental. The Main Level Unit: Currently owner-occupied and impeccably maintained, this space has a proven, successful history as both a short-term and long-term rental. Bonus Amenity: Includes a coveted one-stall detached garage. The Commercial Component: Built-In Stability Turnkey Office Space: Features a professional layout with one restroom; with a reliable, long-term lease already in place, providing immediate, steady cash flow to anchor your investment. Excellent Track Record: The entire property boasts a fantastic rental history and sits in a highly sought-after corridor. Please allow up to 24 hours for showing requests. Showings for the office shal be limited to office hours, Monday through Fridays from 9-4.

602 Jackson Street, Petoskey
$564,900
2 Beds ⋅ 2 Baths ⋅ 479351 MLS ⋅ ACTIVE Status
Commercial property for sale in an exceptional location, close to McLaren Hospital and next to Johan's Bakery. There are 3 units which include: a professional office space with a long term lease in place, and two stunning, 1 bedroom/1 bath apartments. One is owner occupied, while the other has been used for short and long term rentals.. Both units have been extensively upgraded and updated. The upper unit has sweeping views of the bay from the living room, kitchen and deck. There is a one stall detached garage.The property is Zoned B3 and has a great rental history. Please allow up to 24 hours for showing requests. Showings for the office shall be limited to office hours, Monday through Fridays from 9-4.

602 Jackson 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.