Petoskey Real Estate Search

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

Our website features the best real estate search for between $450,000 and $500,000 properties available in Petoskey 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 Petoskey real estate market? Sign up for a  Petoskey 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 Petoskey Properties between $450,000 and $500,000 for Sale

$499,000
3 Beds ⋅ 480179 MLS ⋅ ACTIVE Status
OPEN HOUSE...SATURDAY JULY 25TH FROM 11AM - 2PM. 40-ACRES OF BEAUTIFUL HARDWOOD FOREST…PLUS A HUNTING CABIN AND BUNKHOUSE, JUST FIVE MILES TO PETOSKEY. You’ll drive on the long curving drive, through your own forest until you reach the hunting cabin, surrounded by quiet, pristine woods! The 1,930+ sq ft hunting cabin & bunkhouse is just perfect for a large family, plus many guests. YES, all the deer on the property, become yours! The main floor of the hunting cabin & bunkhouse has a large living room, kitchen, a dining area and a great big woodburning stove, which keeps the whole hunting cabin warm and toasty! The first floor bunk room has 3 beds. The half-bath is also on the main floor. The upper level houses another bunk room with 9 full beds, a queen and baby crib. The 1,200 square foot cement block basement, has the ground level exit door, plus windows. Wonderful front porch across the entire front. Perfect for enjoying company and entertaining. There's also a 30’ by 24’-foot barn which serves as the garage for vehicles and all your toys. Furnishings are all included per list provided. Electricity and fiber optic cable are underground. YES, the hardwood can be harvested at proper intervals for income from the property. Two hunting blinds are including. Wonderful outhouse! ASK REALTOR FOR 4-COLOR BROCHURE WITH ALL THE DETAILS.

03221 Krause Road, 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, July 18th from 10 a.m. - 12 p.m.

1041 Woods Court Unit #10, Petoskey
$450,000
3 Beds ⋅ 2 Baths ⋅ 480046 MLS ⋅ ACTIVE Status
Located on a generous corner lot in a great Petoskey neighborhood, this ranch-style home offers a balance of convenience and value. With 3 bedrooms, 2 bathrooms, an attached garage, and a spacious fenced backyard, there's plenty of room to grow. The full basement could be updated and used as additional living space. Enjoy easy access to schools, downtown Petoskey, and the scenic high school trails that wind through the area's former farmland. Offering one of the more attainable price points for in-town living, this property presents a fantastic opportunity for buyers looking to add their personal touch and make it their own.

1025 Atkins Road, Petoskey
$499,000
479981 MLS ⋅ ACTIVE Status
Rolling to hilly hardwoods with a few small open areas. East Mitchell Road frontage with power at the road.

TBD Mitchell Road, Petoskey
$499,000
3 Beds ⋅ 3 Baths ⋅ 479882 MLS ⋅ ACTIVE Status
Welcome to 2194 Woods Lane, a beautifully maintained 3-bedroom, 3-bath condominium nestled in one of Petoskey's most desirable locations. Offering the perfect blend of comfort, convenience, and low-maintenance living, this spacious residence is designed for both year-round enjoyment and effortless northern Michigan getaways. And the best amenity that any condo can have? This unit is at the end, which offers additional sunlight due to it's position in the Bear Creek Woods Association. The inviting floor plan features generous living spaces filled with natural light, creating a warm and welcoming atmosphere throughout. The well-appointed kitchen flows seamlessly into the dining and living areas, making entertaining family and friends a breeze. A comfortable primary suite provides a private retreat with an en-suite bath, while additional bedrooms and baths offer ample space for guests and family members. The owners have taken wonderful care of this unit and a new heat pump, furnace and hot water heater were installed in 2025. Exceptionally well-kept homes like this are always a great purchase, as the new owners can see that everything has been attended to. Enjoy peaceful surroundings from your private outdoor living area, perfect for morning coffee or relaxing after a day exploring all that Petoskey has to offer. With three full baths, abundant storage, and thoughtfully designed living spaces, this condominium delivers both functionality and comfort. Ideally located close to downtown Petoskey, shopping, dining, golf courses, skiing, and the shores of Little Traverse Bay, 2194 Woods Lane offers a wonderful opportunity to experience carefree condominium living in the heart of northern Michigan.

2194 Woods Lane Unit #y, Petoskey
$475,000
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
OPEN HOUSE..SATURDAY JULY 25TH FROM 11AM - 2PM. 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
$465,000
5 Beds ⋅ 4 Baths ⋅ 479612 MLS ⋅ ACTIVE Status
Located in the heart of downtown Petoskey, this versatile property offers an opportunity to enjoy one of Northern Michigan's most sought-after neighborhoods. Enjoy the convenience of being just a few blocks from shopping and dining in Petoskey's historic Gaslight District, and less than a half mile from the Petoskey Marina and shores of Lake Michigan, not to mention easy access to the Winter Sports Park, the library and area schools. Colonial-inspired architecture welcomes you with a charming front porch, hardwood floors throughout,10-foot main floor ceilings and a classic staircase that showcases the home's enduring character. Offering 5 bedrooms with the potential for an office, or studio space in the third-story attic, the home provides flexibility for a variety of living arrangements. Currently configured as a two-unit residence, the property features a separate entrance to the lower-level apartment, two kitchens, and two laundry areas, creating potential for long term rental income, multi-generational living, guest accommodations, or a seamless conversion back to a single-family home. Outdoor living is equally appealing, with a spacious deck ideal for entertaining while enjoying views of Little Traverse Bay. The inviting front porch offers the perfect spot for morning coffee, surrounded by fragrant lilacs and blooming hydrangeas and a 3-car garage provides abundant storage and workshop space. Recent improvements include a new roof and gutters, new sewer lines and sidewalks and a new chimney. The home is also equipped with a glycol-based plumbing freeze protection system, providing an added layer of protection for water lines during Northern Michigan winters. Combining historic charm, modern functionality, bay views, and unmatched walkability, this unique downtown Petoskey property offers a lifestyle opportunity rarely found in today's market.

312 Williams St, 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
$479,000
4 Beds ⋅ 2 Baths ⋅ 479381 MLS ⋅ ACTIVE Status
Discover a well-maintained gem in the heart of Petoskey that offers incredible value! This charming one-and-a-half-story home features a full walkout basement and a spacious 400-square-foot detached garage and new shed, perfect for all your storage needs. Enjoy the added bonus of having scenic walking trails right at your back door. With four inviting bedrooms and one and a half bathrooms, with a lower level room that could easily be an additional bath. This home comes equipped with beautiful Wolverine cabinets, granite counters and elegant wood floors. Recent updates to the roof, water heater, upgraded electrical to 200 amps and a new insulated garage door and new openers provide peace of mind. Nestled in the picturesque Petoskey, Michigan, this property also backs up to Winter Sports Park, enhancing your outdoor lifestyle.

1209 E Mitchell Street, Petoskey
$469,000
3 Beds ⋅ 3 Baths ⋅ 479259 MLS ⋅ ACTIVE Status
This charming home sits on just under an acre, offering stunning countryside views and a peaceful setting. Ideally located near schools and soccer fields, and just a short drive to downtown Petoskey and Walloon Lake, it perfectly blends convenience with tranquility. With approximately 2,300 sq. ft., 3 bedrooms, 2 full baths, 1 half bath, and a two-car attached garage, this home is well-suited for a growing family or anyone looking to downsize without giving up space. The expansive back deck, recently refaced, is ideal for entertaining—whether you're grilling, enjoying local wildlife, or taking in a beautiful sunrise. The naturally landscaped yard features lovely apple blossoms and a private hot tub retreat for relaxing evenings. Inside, extensive 2025 updates bring modern comfort and peace of mind, including a new pressure pump, natural gas line installation, brand-new boiler, and new gutters. The fully remodeled kitchen is a standout, featuring new stainless steel appliances, granite countertops, and a freestanding island with a stainless steel top. The dining area has also been thoughtfully updated, creating a seamless and inviting space for gathering. The living room highlights a stunning fieldstone fireplace with newly refinished built-in bookshelves, while additional updates throughout 2025 include new flooring, trim, and fresh paint across the entryway, living room, family room, kitchen, and dining areas, giving the home a cohesive and refreshed feel. The family room also features a cozy wood-burning stove, perfect for chilly evenings. With its thoughtful updates, inviting spaces, and beautiful setting, this move-in-ready home is a must-see!

1670 Click 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
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.