Petoskey Real Estate Search

Petoskey Properties between $500,000 and $600,000 for Sale

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Newest Petoskey Properties between $500,000 and $600,000 for Sale

$559,000
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

$539,900
3 Beds 3 Baths 480189 MLS ACTIVE Status
Rare Petoskey setup with the flexibility to serve as a full-time residence, Northern Michigan getaway, investment property, or home-and-work base. Set on 2.74 wooded acres with paved road frontage, the home sits back among mature trees and offers a peaceful, private feel along with an attached two-car garage. Inside, the lodge-inspired character comes through in the natural wood trim, comfortable living spaces, and abundant natural light. The living room is warm and inviting, while the updated kitchen features extensive wood cabinetry, glass-front display cabinets, stainless appliances, and a gas range. Multiple rooms offer flexible use, including comfortable sleeping spaces and a separate bedroom or office that works well for guests, remote work, or hobbies. A walkout basement adds even more usable space and convenient access to the outdoors. A substantial detached multi-bay garage and workshop near the road adds exceptional utility. Its separate placement creates practical separation from the residence and makes it well suited for vehicle storage, equipment, projects, a serious hobbyist, or a home-based operation subject to applicable zoning and approvals. Inside, the space is currently configured with multiple garage doors, workbenches, bright overhead lighting, pegboard tool storage, and room for a vehicle lift. The combination of a private wooded setting, flexible interior layout, walkout lower level, attached garage, and large detached workshop is difficult to duplicate this close to Petoskey. The property may also offer short-term rental potential, subject to all applicable zoning, licensing, permits, and buyer verification.

7555 E Mitchell Road, Petoskey

$575,000
2 Beds 2 Baths 480083 MLS ACTIVE Status
Perched on a hill with sweeping countryside views, this rare 20-acre farm, zoned FF, is tucked into the picturesque Resort Township of Petoskey — just minutes from the charming Gaslight District and close to Walloon Lake. It's a rare blend of country serenity and in-town convenience. Start a vineyard, bring your horses, enjoy farm life and the hilltop light of the dawn and dusk. The property spans 20 rolling acres, including 7 acres of lush pasture shaded by a grand knotty boxelder tree, with 9 acres fully fenced overall. A 28-foot covered deck on the east side overlooks a large meadow framed by maples and pines, while a 28-foot uncovered deck on the south side takes in rolling hayfields and the garden — a perfect spot for stargazing on clear Northern Michigan nights. Built in 2017, the Amish-built home features 17-foot cathedral ceilings with red pine and pine spruce rafters. The open-concept main floor is finished with Bruce hardwood flooring. There are no appliances in the kitchen. The main bathroom offers a large soaker tub and newly installed smart-tile flooring. Needs your TLC, bring it... if you have it! The lower level expands the living space with a possible second kitchen, a bedroom, a full bathroom with a walk-in shower, and a mechanical room with ample storage — ideal for multigenerational living or guest quarters. Outbuildings round out the property's versatility: a 30x40 pole barn, a 10x16 fully insulated and wired, yellow chicken coop. Rustic charm meets modern comfort in this beautifully maintained farm — a rare offering for livestock, agriculture, or simply the acreage lifestyle in one of Northern Michigan's most sought-after locations.

2854 School Road, Petoskey

$525,000
4 Beds 2 Baths 480003 MLS ACTIVE Status
Enjoy the space and privacy of this well-maintained 4 bedroom, 2 bath ranch, set on 1.87 wooded acres just minutes from downtown Petoskey. Offering more than 2,000 Sq.Ft. of living space, the home features an open layout filled with natural light, a spacious kitchen with a center island, walk-in pantry, and abundant cabinetry that flows into the dining and living areas—perfect for everyday living and entertaining. The primary suite includes a walk in closet and spacious bathroom with makeup vanity, tile shower, and soaker tub. Three additional bedrooms provide plenty of room for family, guests, or a home office. Step outside to the expansive composite deck overlooking the property where you can relax, enjoy nature, or dine alfresco and your summer days will be spent enjoying the 16' x 32' Intex pool. Car enthusiasts, hobbyists, and entertainers alike will appreciate the impressive 1,200 Sq.Ft. heated, three-bay garage, offering exceptional space for vehicles, projects, storage, or hosting family and friends. A long private driveway, storage shed, and peaceful wooded setting complete the property, creating a quiet retreat with the convenience of nearby shopping, dining, schools, and all that Petoskey has to offer. This is a wonderful opportunity to enjoy Northern Michigan living with room to spread out, both inside and out. This house is priced to sell fast, schedule your private showing today!

3255 Cemetery Road, Petoskey

$550,000
4 Beds 4 Baths 479957 MLS ACTIVE Status
Welcome to Walloon Meadows, where comfort, convenience, and Northern Michigan living come together. Ideally located just minutes from Petoskey, Bay Harbor, Charlevoix, and Boyne City, this beautifully designed two-story home also offers easy access to Walloon Lake, with a public boat launch just down the road. Offering over 3,300 square feet, this 4-bedroom, 3.5-bath home provides exceptional space for everyday living and entertaining. The inviting kitchen and hearth room feature granite countertops, stainless steel appliances, a walk-in pantry, generous dining space, and a cozy wood-burning fireplace that naturally brings family and friends together. Just beyond, the spacious living room offers the perfect place to relax or entertain. The primary suite is a peaceful retreat with vaulted ceilings and a beautifully appointed en-suite bath featuring an oversized tiled walk-in shower. Downstairs, the finished walkout lower level provides additional living space with direct access to the backyard fire pit—perfect for gathering on warm summer evenings or crisp fall nights. Unwind in the hot tub on the upper deck overlooking dedicated open space and mature hardwoods, creating a private and peaceful backdrop. An attached two-car garage and a quiet, walkable neighborhood complete the package. Whether you're enjoying a day on Walloon Lake, dining in Bay Harbor, or exploring the charm of Petoskey, Boyne City, and Charlevoix, you'll appreciate having Northern Michigan's premier destinations just minutes from home.

5924 Walloon Meadows Circle, Petoskey

$574,900
4 Beds 3 Baths 479846 MLS ACTIVE Status
Welcome to your Northern Michigan retreat, nestled adjacent rolling countryside and just minutes from Petoskey. This spacious 4-bedroom, 2.5-bath home offers the perfect balance of comfort, functionality, and scenic beauty. Step inside to discover a bright, open-concept floor plan designed for both everyday living and effortless entertaining. The expansive living area flows seamlessly into the kitchen and dining spaces, where large windows frame breathtaking countryside views and fill the home with natural light. The generously sized bedrooms provide ample space for family and guests, while the private primary suite features a well-appointed bath and walk-in closet. The spacious lower level offers endless possibilities, whether you're envisioning a family room, recreation area, home gym, or additional living space. Outside, enjoy peaceful mornings with coffee on the deck and unwind in the evening as the sun sets over the surrounding fields. The tranquil setting creates a true sense of escape while remaining conveniently close to all that Petoskey has to offer. Located just minutes from downtown Petoskey, McLaren Hospital, Lake Michigan, the Little Traverse Wheel-way, and some of Northern Michigan's finest dining, shopping, golf, and outdoor recreation, this property combines country living with exceptional small-town convenience. Experience the beauty, space, and lifestyle you've been searching for—your Northern Michigan dream home awaits.

1178 Woodland Dr., Petoskey

$590,000
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

$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

$519,000
3 Beds 3 Baths 478834 MLS ACTIVE Status
Still scrolling for a home? Well, you may be able to rest your mouse after you fall in love with this cutie! Located on a quiet Cul-De-Sac in the heart of PETOSKEY, this well-maintained 3 bedroom, 2.5 bath ranch offers MAIN-FLOOR comfortable living with a functional layout and desirable features throughout. Beautiful hardwood wood floors throughout add warmth and character to the bedrooms and main living areas, while large windows provide natural light and a welcoming atmosphere. The kitchen space is open to the family room area with plenty of storage and counter space, making everyday living and entertaining convenient. The patio space offers a peaceful outdoor setting—perfect for morning coffee, relaxing evenings, or hosting friends and family. The attached 2.5 car garage is always a welcome amenity to protect those motored assets! The lower level offers excellent additional living space, recreation area, home gym, or storage. Located just minutes from downtown shopping, dining, schools, and the beautiful waterfront along Little Traverse Bay, this home combines quiet neighborhood living with close-to-town convenience. A new roof in 2021, water heater in 2026 and fresh professional coatings of "Sherwin Williams" in February of this year are a few recent upgrades. A short walk to the "Corner Grocer”, nature preserve areas and several petoskey schools! A great opportunity to enjoy the Northern Michigan lifestyle in a highly desirable Petoskey location!

1180 Winnell Court, Petoskey

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