Petoskey Real Estate Search

Petoskey Properties between $450,000 and $500,000 for Sale

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Newest Petoskey Properties between $450,000 and $500,000 for Sale

$499,000
4 Beds ⋅ 2 Baths ⋅ 480634 MLS ⋅ ACTIVE Status
Classic Character in the Heart of Petoskey. This charming in-town Petoskey home offers the character buyers love, combined with thoughtful updates and a location that makes it easy to enjoy everything the area has to offer. A classic two-story porch welcomes you into a home filled with personality. Beautiful wood floors, built-in cabinetry in the living room, and a stained-glass window in the dining room add to the home's timeless appeal. The kitchen is spacious and well-appointed with cherry cabinetry, stainless steel appliances, quartz countertops, and subway-tile backsplash. The home includes four bedrooms and two bathrooms, along with a practical rear mudroom—perfectly suited to storing coats, boots, and the gear that comes with Northern Michigan living. The current owners have made numerous improvements, including a completely renovated bathroom with new tub, toilet, vanity, fixtures, tile, and in-floor heat. Plumbing has been converted to copper, and the home also has a new hot water heater and water softener. New carpet has been added to the upstairs bedrooms, along with six new windows throughout the home. The large fenced-in yard provides valuable outdoor space, complemented by a sprinkler system and detached two-car garage. The property also enjoys beautiful sunset views and glimpses of Little Traverse Bay. Conveniently located near downtown Petoskey, the waterfront, shops, restaurants, parks, and other amenities, this is a special opportunity to enjoy the charm of an established Petoskey home in an excellent in-town setting.

610 Grove Street, Petoskey
$495,000
4 Beds ⋅ 2 Baths ⋅ 480605 MLS ⋅ ACTIVE Status
Open House Saturday September 5th 10am-12pm. Hosted by Matt Hausler Exceptionally clean and well cared for, this four-bedroom, two-full-bath home, with an attached 2-car garage offers comfortable living in a quiet in-town neighborhood. The convenient location is near North Central Michigan College and Sheridan Elementary School. Central and Ottawa Elementary schools, downtown Petoskey’s shops and restaurants, and the college nature trails are all within a short walk. The open-concept main level features a beautifully updated kitchen with new cabinetry, granite countertops, durable white tile flooring and stainless-steel Whirlpool appliances. The spacious primary bedroom includes a private ensuite full bath and walk-in closet, while the finished lower level offers an oversized family room with plenty of space to relax or entertain. Andersen Windows and an inviting 12-by-16-foot deck add to the home’s appeal. With the boiler and water heater replaced in 2019 and a new roof installed in 2021, many of the home’s major updates have already been completed. It’s a move-in-ready home in a peaceful neighborhood, close to everything Petoskey has to offer. Schedule your showing today.

512 College View Drive, Petoskey
$460,000
3 Beds ⋅ 2 Baths ⋅ 480592 MLS ⋅ ACTIVE Status
Open House Saturday September 5th 10am-12pm. Hosted by Katie Connolly Well-crafted stick-built home offering quality finishes, main-floor living, and an open, flowing floor plan. The well-appointed interior features tiled showers, solid-surface countertops, and a spacious walk-in closet. The full basement offers daylight windows, is plumbed for a third bathroom, and is ready to be finished for additional bedrooms, or living space. Enjoy the freedom of no association restrictions or dues, along with a location for a future pole barn. Situated across the road from two nature preserves, providing a peaceful setting with nature at your doorstep, yet conveniently close to town.

2428 Intertown, Petoskey
$499,000
2 Beds ⋅ 2 Baths ⋅ 480582 MLS ⋅ ACTIVE Status
Brand-New Construction in Petoskey! Welcome home to this thoughtfully designed new construction offering the space, style, and location you've been looking for! Ideally situated close to everything Petoskey has to offer—including downtown dining and shopping, schools, and the Bear River Recreation Area and trails—this home combines everyday convenience with plenty of room to make your own. The main level features a spacious, open kitchen with a large center island that's perfect for gathering, entertaining, or casual meals. Just off the garage, the well-planned mudroom offers a generous pantry along with a dedicated laundry area, making everyday organization a breeze. The spacious primary suite provides a private retreat with its own ensuite bath and walk-in closet. On the opposite end of the home, you'll find two additional rooms—one designed as a bedroom and the other perfectly suited for a home office, den, or flex space—with a full bath conveniently located between them. And there's even more potential downstairs! The expansive unfinished lower level is ready for your vision, whether you're dreaming of a family room, home gym, or entertaining space. A sliding glass door provides direct access to the large yard, and plumbing is already roughed in for a future bathroom. The yard will be freshly hydroseeded with irrigation! With generous square footage, a flexible floor plan, and the opportunity to enjoy the benefits of brand-new construction in a convenient Petoskey location, this is one you won't want to miss. Schedule your showing and come see the possibilities! Please note: Home is currently under construction.

773 Red Oak Way, Petoskey
$480,000
3 Beds ⋅ 3 Baths ⋅ 480513 MLS ⋅ ACTIVE Status
The search for single-level living ends here—a 3BR/2.5BA brick ranch-plan on a quiet dead-end street near Petoskey-Bay View Country Club, set well back from the road on a large, tree-lined lot with a fenced yard and brick paver patio. An open floor plan connects the living room, dining area, and kitchen—cherry wood floors running through all three, a gas fireplace anchoring the living room, and the kitchen featuring a large island, granite countertops, and ample counter space. A french slider opens the dining room directly to the brick paver patio, with natural views beyond the fenced yard. Double-hung Andersen windows carry throughout, and a dedicated office off the main hall adds flexibility for remote work or a quiet study. The primary bedroom is notably generous, with a private bath. Two additional bedrooms and a guest bath complete the sleeping wing, with a half bath and dedicated laundry room conveniently positioned for daily use. A large family room rounds out the main floor. Central air, natural gas forced-air heat, a recently replaced furnace, an exterior generator, an irrigation system, and a full appliance package—dishwasher, built-in microwave, refrigerator, range, washer, and dryer—complete the picture. The attached 2.5-car garage includes a dedicated storage area, all within easy reach of Petoskey schools, shopping, and downtown—with the advantage of Bear Creek Township taxes. Call for your personal tour.

826 Surrey Lane, Petoskey
$499,900
3 Beds ⋅ 2 Baths ⋅ 480203 MLS ⋅ ACTIVE Status
Rarely does an in-town Petoskey property offer this much space, storage, and versatility. Welcome to 1217 Atkins Road, a well-maintained 3-bedroom, 2-bath home situated on a half-acre, blending comfort, functionality, and convenience. From summer barbecues and bonfires to family gatherings or quiet evenings outdoors, the spacious, fully fenced backyard provides an inviting setting with plenty of room for kids and pets to play. Beyond the backyard, a heated 2½-car attached garage offers generous space for vehicles and everyday storage. Even better, a separate heated half-bay creates an ideal retreat for watching the big game, entertaining friends, tackling projects, or enjoying hobbies throughout the year. Continuing the theme of exceptional versatility, the impressive 30' × 40' pole barn features electricity, a concrete floor, and two 12-foot overhead doors. Whether storing boats, RVs, fifth wheels, trailers, or recreational equipment, this remarkable space is equally suited for a workshop, hobby area, or additional storage. Completing the package, a long concrete driveway provides abundant parking for guests and all your Northern Michigan toys. Just minutes from downtown Petoskey, yet within walking distance of schools, parks, scenic trails, shopping, dining, and the waterfront, this property combines the outdoor space and storage rarely found within the city limits. If you're searching for a home that offers room to entertain, space to spread out, and endless possibilities, 1217 Atkins Road is ready to welcome you home.

1217 Atkins, Petoskey
$489,000
3 Beds ⋅ 2 Baths ⋅ 480100 MLS ⋅ ACTIVE Status
Welcome to this beautifully updated, move-in ready condominium in the highly desirable Bear Creek Woods! You'll love the open floor plan of this 3-bedroom, 2-bath ranch-style condo, nestled in a peaceful, wooded setting. The inviting main level features cathedral ceilings, a gas fireplace, main-floor laundry, freshly painted walls, luxury COREtec® vinyl flooring, and new Hunter Douglas blinds throughout. The beautifully updated kitchen showcases quartz countertops with a matching quartz backsplash, new hardware, new appliances in 2023, and an added pantry for extra storage. Both bathrooms have been tastefully updated with new vanities, fixtures, and flooring. Relax on the private deck overlooking the wooded surroundings or enjoy the finished walkout lower level, offering additional living space and abundant storage. Updated mechanicals, an attached 2-car garage with the option for heat, and the ease of condominium living complete this exceptional home. See the Associated Documents for a complete list of updates and improvements. OPEN HOUSE - Saturday, August 1st from 11 am - 1 pm.

1041 Woods Court Unit #10, Petoskey
$495,000
4 Beds ⋅ 2 Baths ⋅ 479974 MLS ⋅ ACTIVE Status
Welcome to tranquility. This lovely home, on a serene acre of hemlocks and hard woods, features oversized windows making it feel like a tree house. The home has wood and tile floors, a gas fireplace, updated stainless steel appliances, fresh paint, generator hook ups, a newer high efficiency boiler, and an open floor plan that enhances light, flow and social connection. The lower level can be used as a vacation rental and features 3 additional bedrooms, a full bathroom, family room, a separate exterior entrance, and can be closed off from the main level. Enjoy living in Walloon Lake country, only ½ mile from the township waterfront park, and nestled amongst hundreds of acres of Walloon Lake conservancy land. With 6 wineries and breweries within 4 miles, and town amenities in 5, Hemlock lane is the perfect balance of glorious nature and town accessibility.

2525 Hemlock Lane, Petoskey
$450,000
1 Beds ⋅ 1 Baths ⋅ 479780 MLS ⋅ ACTIVE Status
Exceptional commercial opportunity conveniently located just south of Petoskey between Petoskey and Walloon Lake. Offering approximately 7,200 square feet of well-maintained office and flex space, this versatile building is ideally suited for a wide variety of professional, light industrial, manufacturing, distribution, or service-based businesses. The main level features a welcoming reception area, four private offices, a spacious manufacturing or workshop area, a shipping and receiving room complete with an overhead garage door for easy loading and deliveries, men's and women's restrooms, and a comfortable employee break room. The upper level offers seven additional private offices, a large conference room, and two storage rooms, providing ample space for growing businesses or multiple departments. A unique bonus is the private one-bedroom, one-bath apartment with its own separate entrance and elevated deck overlooking beautifully landscaped gardens. Perfect for an owner-operator, on-site manager, employee housing, or an additional source of rental income. The property has benefited from numerous recent capital improvements, including a new rubber membrane roof, many replacement windows, and a new furnace, providing peace of mind for years to come. Ample on-site parking with 14 dedicated spaces ensures convenience for employees and clients alike. Whether you're expanding your business, investing in commercial real estate, or seeking a property that combines office, manufacturing, warehouse, and residential flexibility in one outstanding location, this is an opportunity not to be missed.

4768 Us 131 Hwy, Petoskey
$459,000
3 Beds ⋅ 2 Baths ⋅ 479670 MLS ⋅ ACTIVE Status
PERFECT PETOSKEY TOWNHOME with 2-car attached garage and all living on the main level. 3 bedrooms, 2 bathrooms plus a large family room. Two nice decks. Beautiful, wooded surroundings. Just one mile to downtown Petoskey, medical, shopping and many restaurants and walking trails. Many wonderful activities available on a year-round basis. Spacious "open space" living area with cathedral ceilings make it a "light and bright" living environment. Many recent upgrades including solid oak flooring throughout the living space. Low maintenance building exteriors. Unit has a gas fireplace. ASK REALTOR FOR 4-COLOR BROCHURE WITH ALL OF THE DETAILS.

2015 Woods Ln Unit #46, Petoskey
$499,000
3 Beds ⋅ 2 Baths ⋅ 479632 MLS ⋅ ACTIVE Status
Charming Walloon Peninsula Fixer-Upper with Protected Privacy & Seasonal Lake Views! 3 BR / 2 BA | 1,355 SQ FT | Two-Story | 2-Car Detached Garage Nestled into the serene hillside of a rolling and heavily wooded lot on the coveted southern point of the Walloon Peninsula, this two-story home offers an unparalleled opportunity to create your dream Northern Michigan retreat. Located directly across the street from Walloon Lake, you'll enjoy a private, tree-lined sanctuary that opens up to beautiful seasonal lake views as the autumn and winter months roll in. Privacy here is unmatched—your rolling, heavily forested property directly abuts 260 pristine acres of Resort Township and protected conservancy land, ensuring your majestic wooded backdrop remains beautifully wild, private, and permanently untouched. The home itself boasts excellent, solid bones and a fantastic structural layout, providing the perfect canvas for a custom renovation. Inside, you'll find 1,355 square feet of living space featuring 3 bedrooms and 2 bathrooms, complemented by a spacious 2-car detached garage with plenty of room for your boat, water toys, and storage. The property requires extensive updating and restoration throughout, making it an ideal investment project or an incredible opportunity to build significant equity in a highly desirable, premium neighborhood. Due to the extent of updates required, this property will not qualify for conventional financing. Sold strictly as-is. Cash or portfolio loans only. Don't miss out on the rare chance to own a piece of the Walloon Peninsula, backed by hundreds of acres of protected nature, at an incredibly accessible price point. Schedule your showing today and unlock this property's true potential!

6243 Lake Grove Road, Petoskey
$500,000
3 Beds ⋅ 3 Baths ⋅ 479478 MLS ⋅ ACTIVE Status
Exceptional development opportunity featuring versatile office space paired with comfortable residential living with EC-R2 & COP-R2 zoning for additional opportunity. Perfect for entrepreneurs, investors, or owner-occupants looking to operate a business while enjoying convenience of on-site living. This location offers excellent visibility, flexible layout options, and unlimited opportunities.

1934 E Mitchell Road, Petoskey
$499,000
478822 MLS ⋅ ACTIVE Status
Bring Your Vision to Life in Northern Michigan. Here’s your chance to create something special between Petoskey and Harbor Springs. With peaceful creek frontage, nearby amenities, and a special use permit already approved for hotel, motel, or motor inn use, this property is ready for your dream project. Past plans included a lodge and seven buildings with 22 total units—making it a great fit for a luxury short-term rental concept or boutique stay. Properties with this kind of head start and location don’t come around often!

1256 Pirates Way, 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.