Explore Petoskey, MI Homes for Sale Between $1,250,000 to $1,500,000

All Petoskey, MI Homes for Sale Between $1,250,000 to $1,500,000

$1,870,000
18 Beds 18 Baths 478039 MLS
525 W. Mitchell St. & 516 Monroe St. A Rare Investment Opportunity in the Heart of Petoskey, Michigan…home of spectacular sunrises and sunsets, iconic downtown, friendly neighbors, find it all here. Across the street from a regional hospital, walkable to downtown restaurants, waterfront, and more. Your dream investment opportunity starts here… and it provides you with a place to live as well.…look no further, it’s all right here. It’s a place to live with your family, while managing on-site rentals; employee housing, with income from a commercial business/office space. A Boutique hotel? Plus a house for additional income, or make it your own residence for when you spend time in Northern Michigan. This unique/versatile commercially zoned property across from a regional hospital in Petoskey, zoned COP-B-3 & RM-2, with approximately 10,580 sq ft. of rental opportunity, includes: House w/back yard, 2B, 2B & 1 Garage, 16 micro rental units w/bath, 2 large commercial spaces for office/retail. Basement storage, clean & dry. Security system, city water & sewer, wi-fi available. Off street parking for approx. 10 cars, and commercial laundry room. Recent upgrades: $90K roof, new windows, vanity & sinks in small units. All units occupied and leased. Showings are scheduled weekly as to not disrupt the tenants. Contact Carole to schedule a showing. PRE-QUALIFIED BUYERS ONLY 525 W. Mitchell is an intown Petoskey gem!

525 W Mitchell Street, Petoskey

$1,850,000
477427 MLS
Prime Retail and Office Building for Sale in Petoskey's Gaslight District Secure your business's future in one of Northern Michigan's most sought-after resort communities, located along the pristine shores of Lake Michigan. This exceptional commercial building is ideally situated in the historic Gaslight District of Petoskey, a vibrant hub of boutiques, galleries, and award-winning dining. Key Features Location, Location, Location: Immerse your brand in the charm and elegance of downtown Petoskey. The Gaslight District is the premier destination for both year-round residents and a massive influx of seasonal tourists, ensuring consistent foot traffic and high visibility. High-Traffic Visibility: Benefit from a daily traffic count of 3,970 vehicles, providing your business with constant exposure to potential customers. Exclusive Parking: A rare and invaluable asset in downtown Petoskey, this property includes eight dedicated private parking spaces at the rear of the building, offering convenience for both owners and staff. Thriving Community: Petoskey is a top-tier resort destination, known for its pristine beauty, world-class amenities, and affluent clientele. Join a community of successful businesses and tap into a robust local and tourist economy. Versatile Space Options This 7,958-square-foot commercial building offers a unique opportunity for diverse use. The street-level features 3,958 square feet of retail space, currently occupied by a clothing store but can be retrofitted for two separate retail stores. The second level features a total of 4,000 square feet, consisting of five office suites and two restrooms. This versatility makes the property ideal for a variety of uses, including: Boutique Retail Art Gallery Specialty Food Shop Professional Services Don't miss this chance to establish your presence in a prime location. Contact us today for your private showing.

321 E Lake Street, Petoskey

$4,390,000
5 Beds 8 Baths 476048 MLS
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

$3,295,000
6 Beds 8 Baths 474294 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,586 square feet of interior living space, complemented by a 1,139 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. An additional 720 square feet of unfinished lower-level space provides flexibility for storage or future customization, bringing the total square footage to approximately 7,445 square feet. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The open main living level is ideal for hosting, anchored by a gourmet kitchen with premium appliances, generous island, fireplace, wet bar, and seamless indoor-outdoor flow. The primary suite is a serene retreat with panoramic water views, private patio access, a spacious walk-in closet, and spa-inspired bath. Multiple en-suite bedrooms, each with private outdoor access, provide exceptional comfort and privacy for family and guests. A detached guest house and four-car garage further enhance the residence, while elevator access connects each level with ease. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #14, Petoskey

$3,195,000
6 Beds 8 Baths 474293 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,586 square feet of interior living space, complemented by a 1,139 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. An additional 720 square feet of unfinished lower-level space provides flexibility for storage or future customization, bringing the total square footage to approximately 7,445 square feet. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The open main living level is ideal for hosting, anchored by a gourmet kitchen with premium appliances, generous island, fireplace, wet bar, and seamless indoor-outdoor flow. The primary suite is a serene retreat with panoramic water views, private patio access, a spacious walk-in closet, and spa-inspired bath. Multiple en-suite bedrooms, each with private outdoor access, provide exceptional comfort and privacy for family and guests. A detached guest house and four-car garage further enhance the residence, while elevator access connects each level with ease. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #15, Petoskey

$3,495,000
6 Beds 8 Baths 474292 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,586 square feet of interior living space, complemented by a 1,139 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. An additional 720 square feet of unfinished lower-level space provides flexibility for storage or future customization, bringing the total square footage to approximately 7,445 square feet. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The open main living level is ideal for hosting, anchored by a gourmet kitchen with premium appliances, generous island, fireplace, wet bar, and seamless indoor-outdoor flow. The primary suite is a serene retreat with panoramic water views, private patio access, a spacious walk-in closet, and spa-inspired bath. Multiple en-suite bedrooms, each with private outdoor access, provide exceptional comfort and privacy for family and guests. A detached guest house and four-car garage further enhance the residence, while elevator access connects each level with ease. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #16, Petoskey

$2,795,000
3 Beds 4 Baths 473937 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,078 square feet of interior living space, complemented by a 598 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The main living level is ideal for hosting, anchored by a gourmet kitchen, premium appliances, generous island, fireplace, wet bar, and private balcony suspended above the water. The primary suite is a serene retreat with panoramic views, balcony access, a spacious walk-in closet, and spa-inspired bath. The walkout lower level provides an en-suite guest bedroom, family room, bar area, office, and private patio, creating effortless flow for entertaining and extended stays. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #12, Petoskey

$2,895,000
3 Beds 4 Baths 473936 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,078 square feet of interior living space, complemented by a 598 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The main living level is ideal for hosting, anchored by a gourmet kitchen, premium appliances, generous island, fireplace, wet bar, and private balcony suspended above the water. The primary suite is a serene retreat with panoramic views, balcony access, a spacious walk-in closet, and spa-inspired bath. The walkout lower level provides an en-suite guest bedroom, family room, bar area, office, and private patio, creating effortless flow for entertaining and extended stays. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #11, Petoskey

$2,845,000
3 Beds 4 Baths 473935 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,078 square feet of interior living space, complemented by a 598 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The main living level is ideal for hosting, anchored by a gourmet kitchen, premium appliances, generous island, fireplace, wet bar, and private balcony suspended above the water. The primary suite is a serene retreat with panoramic views, balcony access, a spacious walk-in closet, and spa-inspired bath. The walkout lower level provides an en-suite guest bedroom, family room, bar area, office, and private patio, creating effortless flow for entertaining and extended stays. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #10, Petoskey

$2,795,000
3 Beds 4 Baths 473934 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,078 square feet of interior living space, complemented by a 598 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The main living level is ideal for hosting, anchored by a gourmet kitchen, premium appliances, generous island, fireplace, wet bar, and private balcony suspended above the water. The primary suite is a serene retreat with panoramic views, balcony access, a spacious walk-in closet, and spa-inspired bath. The walkout lower level provides an en-suite guest bedroom, family room, bar area, office, and private patio, creating effortless flow for entertaining and extended stays. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #9, Petoskey

$2,845,000
3 Beds 4 Baths 473938 MLS
Rising above Little Traverse Bay, The Summit Over Bay Harbor offers a rare opportunity to create a bespoke waterfront residence in one of Northern Michigan’s most prestigious resort settings. Designed for those who value elevated living, privacy, and unforgettable surroundings, each residence captures sweeping water views and dramatic sunsets from multiple levels. This expansive offering features approximately 5,078 square feet of interior living space, complemented by a 598 square foot rooftop terrace designed for entertaining, relaxation, and evening gatherings overlooking Lake Michigan. Floor-to-ceiling windows flood the interiors with natural light and frame the bay as a living work of art. The main living level is ideal for hosting, anchored by a gourmet kitchen, premium appliances, generous island, fireplace, wet bar, and private balcony suspended above the water. The primary suite is a serene retreat with panoramic views, balcony access, a spacious walk-in closet, and spa-inspired bath. The walkout lower level provides an en-suite guest bedroom, family room, bar area, office, and private patio, creating effortless flow for entertaining and extended stays. Residences at The Summit Over Bay Harbor are offered as custom build opportunities, allowing buyers to select architectural details, interior finishes, and premium upgrades tailored to their lifestyle. Located across from The Cliffs at Bay Harbor and minutes from Petoskey, Charlevoix, Boyne City, and Harbor Springs, this is Northern Michigan luxury living at its finest.

3575 Charlevoix Avenue Unit #13, Petoskey

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