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$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

$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

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