Petoskey Real Estate Search

Petoskey 5 Bedroom Properties for Sale

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Newest Petoskey 5 Bedroom Properties for Sale

423 Pearl Street, Petoskey
$450,000
5 Beds ⋅ 3 Baths ⋅ 480969 MLS ⋅ ACTIVE Status
Positioned just blocks from vibrant downtown Petoskey, this fully occupied triplex offers immediate rental income and strong multi-family investment potential in the heart of the Little Traverse Bay area. Sitting on a deep residential parcel, the property features a total of 5 bedrooms, 3 bathrooms, and approximately 2,352 gross square feet across three distinct living spaces.

423 Pearl Street, Petoskey
5901 Cincinnati Point Trail, Petoskey
$3,100,000
5 Beds ⋅ 5 Baths ⋅ 480946 MLS ⋅ ACTIVE Status
Situated on a bluff overlooking Crooked Lake, this custom-built 5 bedroom home was previously featured in Great Lakes by Design Magazine. Designed in collaboration with Edgewater Design, Harbor View Custom Builders, Kitchens by Design, and Quiet Moose, the home was built around one idea: the water never leaves your sightline. Infinity-style lake views reach nearly every principal room, and an open layout makes the lake feel part of the home. The craftsmanship speaks for itself — wide-plank hickory flooring, automated blinds, built-in sound, and a whole-home Savant system that puts lighting, sound, and climate in your hands from anywhere. The design pairs a contemporary aesthetic with clean, nautical accents — warm and spacious without feeling overdone. The kitchen is a cook's dream, outfitted with Wolf and Sub-Zero appliances, including a steam/convection oven, and flows into living and dining spaces built for everyday life and serious entertaining alike. Outdoors holds just as much weight as the interior here. Over 1,200 square feet of covered patio wraps the home, anchored by a brick paver terrace off the kitchen with a built-in pizza oven and gas lines for grilling or future fire features — so the party never has to come inside. The layout includes two primary suites for flexible living or hosting guests in equal comfort, an additional bedroom with custom built-in bunk beds, a fourth bedroom capturing its own lake views, and a spacious bonus room above the two-stall garage with its own full bath and custom built-in beds. The garage below offers room for boats or toys. Beyond its appeal as a private residence, this property has an established track record as a high-end vacation rental for buyers interested in an income-producing property — a turnkey retreat generating meaningful revenue while owners still enjoy personal time at the lake. Adding further value, an additional vacant parcel across the street is also included in the sale.

5901 Cincinnati Point Trail, Petoskey
2563 Woodside Drive, Petoskey
$958,900
5 Beds ⋅ 5 Baths ⋅ 480637 MLS ⋅ ACTIVE Status
Price Reduced | Serious Sellers. A flexible floor plan puts five generous bedrooms across three finished levels in the Woodside neighborhood of Resort Township—designed to comfortably accommodate a large family, guests in their own quarters, or a multi-generational household under one roof, just minutes from Walloon Lake and downtown Petoskey. Cathedral ceilings, oversized Pella windows, and a two-sided stone fireplace anchor both the great room and the custom kitchen, all set on a nicely treed two-acre lot that makes a strong first impression before you even reach the front door. The kitchen carries through on the custom build's quality—granite countertops, generous counter space, and a slider leading out to a large elevated deck. Wood floors run through the main living areas, and a formal dining room rounds out the main floor's gathering spaces. The primary suite is on the main level with a large en suite bath—tiled shower, soaking tub, and walk-in closet—and a half bath and laundry room serve the rest of the main floor. Upstairs, a second en suite bedroom anchors the upper level alongside two additional generously sized bedrooms and a shared full bath. The finished walkout lower level extends the flexibility further: a family room with its own stone fireplace, a wet bar area, a bedroom with full bath, and a sauna—a self-contained level ready for guests, in-law living, or a dedicated entertaining setup. A three-car attached garage handles parking and storage. Outside, the elevated deck, lower level patio, and covered front porch frame two wooded acres from every angle. An irrigation system and invisible fence are already in place—move-in ready inside and out, and recently reduced. Resort Pike Park and a public beach on Walloon Lake are just down the road—downtown Petoskey minutes away. Check out the virtual tour: https://my.matterport.com/show/?m=1Q5TLpgMrrS&mls=1

2563 Woodside Drive, Petoskey
2072 Williams Road, Petoskey
$949,000
5 Beds ⋅ 2 Baths ⋅ 480563 MLS ⋅ ACTIVE Status
Offering nearly 30 acres of opportunity in a convenient location close to Walloon Lake, a short drive to Petoskey, and within easy reach of area amenities. This 5-bedroom, 2-bath home features new siding, a new roof, a new furnace, and a new well, along with plenty of room to spread out. The property includes approximately 5 acres of established vineyards and 5 acres of orchard, creating unique opportunities for farming, gardening, or continued agricultural use. A creek passes through the northwest corner of the property, adding to the natural character of the land. Currently used as a vacation rental, the property also offers potential as an investment opportunity, private retreat, hobby farm, or year-round home. With room to roam and a convenient location near Walloon Lake and Petoskey, this property offers a rare combination of acreage, agricultural potential, and Northern Michigan living.

2072 Williams Road, Petoskey
46 Bridge Street, Petoskey
$249,900
5 Beds ⋅ 2 Baths ⋅ 480326 MLS ⋅ ACTIVE Status
Step out your door and onto the trails of the scenic Bear River Valley Recreation Area! Perfectly situated near downtown Petoskey, local beaches, and the McLaren hospital campus, this spacious 5-bedroom, 2-bathroom home offers location and versatility. Move right in and take advantage of ongoing updates, with room to finish details with your personal style. Ideal as a full-time family home, a Northern Michigan retreat, or a solid investment property. Schedule your tour today! *Seller continues to work on home improvements!

46 Bridge Street, Petoskey
2523 Howard Road, Petoskey
$530,000
5 Beds ⋅ 2 Baths ⋅ 479985 MLS ⋅ ACTIVE Status
Welcome to your next home. Nestled on 15 acres, this beautifully updated 5-bedroom, 1.5-bathroom, 3,000-sq-ft farmhouse seamlessly combines country charm with modern conveniences. With its farmhouse-rooted features and fixtures, this property offers a perfect blend of past and present, making it a truly unique and inviting home. The heart of the home features a generously sized living area, perfect for gatherings or quiet evenings by the fireplace. The open floor plan allows natural light to flood the space, highlighting the hardwood floors and stunning finishes throughout. With 5 spacious bedrooms, this home provides ample space for all. An additional bonus room on the 2nd floor could serve as a nonconforming bedroom, home gym, library, or second living room. Also, attached is a tractor storage or a place to store your ORVs....the possibilities are endless with a space as unique as this. The back 10 acres are privately secluded and the perfect environment for hunting, hiking, and everything that nature has to offer. This farmhouse is more than just a home; it's a lifestyle. Whether you're seeking a peaceful retreat or a place to create lasting memories, this property is sure to exceed your expectations. AI staging was used for a couple of the bedrooms.

2523 Howard Road, Petoskey
1145 Grand Ridge Drive, Petoskey
$2,499,000
5 Beds ⋅ 5 Baths ⋅ 479682 MLS ⋅ ACTIVE Status
Perched above Little Traverse Bay and masterfully designed by renowned architect Elaine Keiser and built by Phil Duran, this exceptional luxury residence captures some of Northern Michigan's most spectacular panoramic water views. From nearly every vantage point, enjoy sweeping vistas of Little Traverse Bay, Bay Harbor, Pill Hill, Nine Mile Point, and, on clear days, breathtaking views extending all the way to Fox Island, Beaver Island, and Harbor Point. The main level welcomes you with stunning water views and a beautiful natural gas stone fireplace that serves as the focal point of the living room. An open-concept floor plan creates an ideal space for everyday living and entertaining, featuring a spacious kitchen with granite countertops, a large center island with bar seating, and pendant lighting. The main-floor primary suite is a private retreat with deck access and a spa-like bath offering a soaking tub and tiled shower. Upstairs are two guest bedrooms connected by a Jack-and-Jill bath, plus a large bunk room above the garage with a full bath, perfect for guests or grandchildren. The finished lower level is designed for relaxation and recreation, featuring a family room with a second natural gas fireplace, game room with pool table, movie theater, kitchenette, two additional bedrooms, and a full bath. Quality construction details include hydronic in-floor heat in the garage, lower level, primary bedroom, and primary bath, along with premium Kolbe windows and patio doors. Outdoor living is equally impressive with an expansive Trex deck featuring a wood-burning fireplace and grilling area—ideal for entertaining, dining al fresco, or simply enjoying spectacular sunsets over Little Traverse Bay. Located in a quiet subdivision just minutes from downtown Petoskey and Harbor Springs, this home offers easy access to shopping, dining, golf, skiing, marinas, and year-round events. A rare opportunity to enjoy luxury living paired with captivating water views!

1145 Grand Ridge Drive, Petoskey
11110 Wildwood Road, Petoskey
$1,250,000
5 Beds ⋅ 3 Baths ⋅ 479560 MLS ⋅ ACTIVE Status
Welcome to the "Ranch" this newly remodeled 3,452 sq ft home sits on 78.60 beautiful Northern Michigan acres in Emmet County. Some of the upgrades include new bathrooms, lighting, electrical, appliances, counter tops, doors, newly added center island, new kitchen's (that's right two kitchens) one upper level main kitchen and one in the lower level to service the guests or could be a mother-in-law suite. All new paint throughout, new flooring on the main floor. This ranch style home features 3 bedrooms two baths, including the master suite on the main floor. The lower level has two new bedrooms and full bath with a large living area. The 78.60 acres has miles of trails meandering through the property. There is an open meadow that would be ideal for horses. This particular parcel of land has many uses such as Morel Mushroom hunting, making maple syrup, hunting whitetail deer & ruffled grouse. This would be an ideal setting for a hobby farm which includes several already built outbuildings. Here is a list of the buildings. Two car detached garage (672 sq ft), Large (2,016 sq ft) pole barn with concrete floor and electrical service added, Horse Shed/Tack room (330 sq ft). The "Ranch" is conveniently located to Petoskey, Harbor Springs and Bay Harbor. Enjoy everything Northern Michigan has to offer form this very private estate. Add it all up and it truly is a great value. Please contact me to schedule a showing.

11110 Wildwood Road, Petoskey
431 Madison St, Petoskey
$399,900
5 Beds ⋅ 2 Baths ⋅ 478568 MLS ⋅ ACTIVE Status
Located in the heart of Petoskey, this versatile in-town home offers an exceptional location directly across the street from McLaren Northern Michigan Hospital and just a short distance from downtown Petoskey’s shopping, restaurants, and the scenic Bear River Walkway. Currently utilized as a two-unit rental, the property provides numerous possibilities—continue its income-producing use, or easily convert it back to a single-family residence with the added bonus of separate living quarters above the garage. The home has seen many recent improvements, including a new roof on the main house approximately five years ago, brand-new windows throughout the main house, and a newly rebuilt front porch that adds to its curb appeal. Above the garage, a newly renovated one-bedroom, one-bath apartment offers excellent flexibility, whether used as a rental for additional income or as comfortable guest accommodations. With its prime location, recent updates, and flexible layout, this property presents a rare opportunity to own a home that can adapt to a variety of living or investment needs in one of Petoskey’s most convenient neighborhoods.

431 Madison St, Petoskey
4712 Sunset View Lane, Petoskey
$4,390,000
5 Beds ⋅ 8 Baths ⋅ 476048 MLS ⋅ ACTIVE Status
New Construction! Last opportunity for a luxury home in the desirable Sunset Ridge neighborhood, offering panoramic views of Little Traverse Bay! Boasting over 6,000 sq.ft. of luxurious living space, this home features 5 bedrooms, 5 full baths, and 3 half baths, blending refined elegance with unparalleled comfort. Designed by architect Alex Bogaerts, every aspect has been thought out with premium finishes, from stunning stone accents to the spacious open-concept layout ideal for seamless living and entertaining. The chef-inspired kitchen is a true highlight, equipped with custom cabinetry, a large island, a six-burner Wolf gas range, Sub-Zero refrigerator, two Cove dishwashers, Wolf wine refrigerator, and a butler’s pantry featuring a built-in Wolf coffee maker, Sub-Zero beverage cooler and ice maker, all flowing effortlessly into the formal dining room. The great room showcases a striking natural gas fireplace, adding warmth and charm. Step outside to the expansive 1,400 sq.ft. deck, perfect for hosting guests while enjoying the breathtaking bay views. The luxurious master suite offers a private deck, a spa-like bath with a tile shower, a soaker tub, vanity and dual walk-in custom closets, creating a true retreat. The main level also includes two half baths, a laundry room with an LG washer and dryer, and an office, providing both convenience and functionality. Above the 3 car garage, the unfinished bonus room offers versatile options, whether as a playroom, media room, or bunk room. The lower level is designed for ultimate entertainment, featuring a spacious family room with a gas fireplace, a kitchenette, a guest suite, three ensuite bedrooms, a half bath, additional laundry room with a stackable LG washer and dryer, and a stone patio. This home is also pre-wired for blinds, surround sound, and security cameras. The beautifully landscaped grounds, framed by mature trees, provide a private, serene atmosphere.

4712 Sunset View Lane, Petoskey
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