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. 

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

$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
$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
$524,500
4 Beds ⋅ 2 Baths ⋅ 479049 MLS ⋅ ACTIVE Status
Welcome to this beautifully maintained and move in ready 4-bedroom, 2-bath home in a great neighborhood! Conveniently located close to downtown Petoskey, Schools, Marina, Petoskey State Park with easy access to local shopping, dining and waterfront activities. Golf lovers will appreciate being right around the corner from Bay View Country Club and skiers are 8 miles to The Highlands & Nubs Nob! This home offers the perfect blend of comfort, functionality, and Northern Michigan charm. Custom craftsman wainscotting trim in the dining room to the perfect breakfast nook, this home is designed with everyday living in mind. Cozy up by the fireplace during the winter months, and stay cool all summer long with the newly installed mini-split air conditioning system. The spacious primary suite provides a relaxing private retreat complete with an en-suite bath and generous walk-in closet. Step outside to the oversized backyard, perfect for entertaining, gardening, or simply enjoying the outdoors. A dedicated built-in office space is ready for remote work, studying, or creative pursuits. Pet owners will appreciate the invisible dog fence already in place, giving furry family members room to roam with added peace of mind. To top it all off, enjoy sunset views over the bay right from your dining room table—an everyday luxury that truly makes this home special.

749 Bren Del Drive, Petoskey
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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.