Explore Petoskey, MI Homes for Sale

All 2 Bedroom Homes for Sale in Petoskey, MI

$674,900
4 Beds 3 Baths 479958 MLS
** Back on Market due to no fault of Seller** Rarely does an opportunity like this become available in the City of Petoskey! Situated on a spacious buildable double lot with desirable R-2 zoning, this beautifully updated home offers the perfect combination of charm, modern updates, and future potential. A survey is attached for buyer convenience. Whether you're looking for extra outdoor space, buidling a carriage house or a two car garage, this property provides options that are increasingly difficult to find. Inside, you'll appreciate the thoughtful floor plan featuring a spacious main-floor primary suite. The suite includes a private bath and walk in closet with laundry. Off the primary suite is direct access to the expansive Trex deck creating the perfect place to unwind in the evening while overlooking the beautifully established gardens. Throughout the home, pride of ownership is evident. All new oak engineered hardwood floors, updated plumbing and electric with a 200 amp service panel and underground utilities. A new natural gas furnace with a newly installed 2.5 ton A/C unit ensures your comfort year round. A butler's pantry off of the kitchen adds ample storage options and complements the vintage era of the home. Additional features include a detached 1- car garage, mature landscaping, generous yard space, and an ideal in-town location close to schools, parks, shopping, restaurants, healthcare, and Petoskey's vibrant downtown waterfront. 8 blocks from downtown, walking distance to Sheridan Elementary and Northern Michigan College. Perfect turnkey opportunity! Home may be purchased fully furnished under a separate Bill of Sale for a negotiated price. All remodeling work was completed with the proper permits, providing added confidence and peace of mind. Seller is a licensed real estate agent in the State of Michigan. Buyers should conduct their own due diligence and verify any future building or lot split opportunities with the City of Petoskey.

1115 Waukazoo Avenue, Petoskey

$2,555,000
4 Beds 3 Baths 479947 MLS
Unparalleled home and property tucked between the North and West Arms of Walloon Lake that provides a little something for everyone. The main home and two adjacent parcels total 18.89 acres are being offered with this listing, but there's also a guest house, and outbuilding currently used as a woodworking shop on 4.55 acres that is a separate listing, (MLS 479946) that could be purchased, making this a multi-generational oasis with two meticulously crafted homes on over 23.44 acres of some of the most picturesque property Michigan has to offer. With two boat launches within minutes of the property, getting out onto Walloon Lake is easy, and Petoskey is just 10 minutes away. However, the privacy you feel at this estate evokes a feeling that it's just you and nature, as no other homes are visible, except a few homes on the opposite side of the West Arm in the background of your water views of Wallon Lake. So, what do you get with 3135 Depew Rd? To start, there is the recently updated 4-bedroom 3-bath main house across 2 parcels, including lush deer-proof gardens, a greenhouse, and a brand-new studio/office tucked behind the house with heat/air and Wi-Fi. There are paths to traverse the property, meandering to a 3rd included parcel that fronts 1000-plus feet of Lake Grove Road, offering spring-fed ponds, a picturesque stream, a fruit orchard, deer blinds, and a beautiful mix of pines and deciduous trees that are spectacular to observe in all 4 distinct Northern Michigan Seasons. As for maintenance, the home and property are meticulously cared for and loved by the current owners. Everything has been updated from the roof to the mechanicals to the expansive Tigerwood decking that frames the home against the lush plantings and hardscape that lead you to your own personal park. So, if you are searching for simple relaxation or for kids/adults to recreate in the heart of Northern Michigan fun, 3135 Depew is waiting for you. Call for a private tour and more details.

3135 Depew Road, Petoskey

$679,000
2 Beds 2 Baths 479946 MLS
Absolutely stunning custom new construction home, complete with a pole building and workshop hidden in the rear of this diverse 4.5-acre parcel with gentle rolling hills, mature trees, easy maintenance landscaping, and lots of natural sunlight both at the home and outbuildings. This main floor living home is the guest house to the estate property, also for sale next door (MLS 479947), but completely private; you only see trees and nature in every direction. The actual home is only 2 years old, was custom-built by the current owners, and every detail was done with care. From the open concept main floor living area, custom cabinetry, sun-drenched concrete patio, A/C, whole house generator, large primary suite, including laundry and walk-in closet... too many details to list here.  Located just minutes from two Walloon Lake boat launches and only 10 minutes to Petoskey, this is ideal as a year-round, vacation, or retirement home and is really a condominium alternative. (No HOA dues, though) The lower level has an ingress/egress window already in place, generous ceiling heights, and is fully insulated, making it ready for whatever your needs may be.  More beds and a bath?  Hobby Room? Home Office? There are a multitude of ways to economically configure the space to suit your needs and double the square footage. As for the workshop, it's not visible from the home, and is a short drive down your own bucolic, well-graded gravel drive, and offers multiple buildings and open space. Currently set up as a sawmill and woodworking shop, it would make great boat/toy storage and is heated, a real home away from home, but only a few hundred yards from your main residence. This is not your old farmhouse or 1980s year-round residence that needs to be completely redone in the country. Everything has been thoughtfully taken care of; just bring your personal belongings and get ready to reconnect with nature the way Northern is supposed to be enjoyed. Call today for a private tour.

3119 Depew Road, Petoskey

$1,750,000
4 Beds 3 Baths 479905 MLS
A sandy beach and room to expand on the Inland Waterway? Yes, please! Life on Pickerel Lake is about making the most of every season, and this exceptional property delivers. Set on three separate parcels totaling over two acres with 107 feet of beautiful sandy frontage and deep water on the Inland Waterway, it offers the Up North lifestyle families dream about. The additional rear parcels create a rare opportunity for future expansion, with the potential to build additional homes, a guest house, or another garage or outbuilding. Summer days begin with coffee overlooking the lake and end with sunset cruises, while afternoons are spent boating the Inland Waterway, swimming from the sandy shoreline, kayaking quiet coves, or entertaining on the deck, covered patios, walkways, and inviting outdoor gathering spaces. The sunroom creates a seamless connection between indoor comfort and the beauty of the lake beyond. A large pole building and separate lakeside utility building with changing space, storage, and an outdoor shower provide outstanding flexibility for hobbies, guests, and effortless lake living. Located just minutes from Petoskey, you'll enjoy easy access to waterfront dining, boutique shopping, golf, skiing, and everything Northern Michigan has to offer. Whether you're watching the fall colors reflect on the water, gathering with family for summer weekends, or relaxing by the fire after a day on the lake, this is a property designed for creating memories that will last for generations.

9669 Trails End Road, Petoskey

$485,000
3 Beds 3 Baths 479882 MLS
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

$564,900
4 Beds 3 Baths 479846 MLS
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

$2,875,000
6 Beds 5 Baths 479682 MLS
Perched above Little Traverse Bay and masterfully designed by renowned architect Elaine Keiser and built by Phil Duran, this exceptional luxury residence captures some of Northern Michigan's most spectacular panoramic water views. From nearly every vantage point, enjoy sweeping vistas of Little Traverse Bay, Bay Harbor, Pill Hill, Nine Mile Point, and, on clear days, breathtaking views extending all the way to Fox Island, Beaver Island, and Harbor Point. The main level welcomes you with stunning water views and a beautiful natural gas stone fireplace that serves as the focal point of the living room. An open-concept floor plan creates an ideal space for everyday living and entertaining, featuring a spacious kitchen with granite countertops, a large center island with bar seating, and pendant lighting. The main-floor primary suite is a private retreat with deck access and a spa-like bath offering a soaking tub and tiled shower. Upstairs are two guest bedrooms connected by a Jack-and-Jill bath, plus a large bunk room above the garage with a full bath, perfect for guests or grandchildren. The finished lower level is designed for relaxation and recreation, featuring a family room with a second natural gas fireplace, game room with pool table, movie theater, kitchenette, two additional bedrooms, and a full bath. Quality construction details include hydronic in-floor heat in the garage, lower level, primary bedroom, and primary bath, along with premium Kolbe windows and patio doors. Outdoor living is equally impressive with an expansive Trex deck featuring a wood-burning fireplace and grilling area—ideal for entertaining, dining al fresco, or simply enjoying spectacular sunsets over Little Traverse Bay. Located in a quiet subdivision just minutes from downtown Petoskey and Harbor Springs, this home offers easy access to shopping, dining, golf, skiing, marinas, and year-round events. A rare opportunity to enjoy luxury living paired with captivating water views!

1145 Grand Ridge Drive, Petoskey

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