604 Bay St. in Petoskey, Michigan, is a stunning six-bedroom, 3.5 bath home that stands as a true crown jewel of the city. This elegant residence showcases a blend of classic charm and modern amenities, making it perfect for both family living and entertaining. With spacious rooms filled with natural light, it features beautiful architectural details, hardwood floors, and a gourmet kitchen that any chef would adore. The expansive layout includes multiple living areas, providing ample space for relaxation and gatherings. Many additional upgrades have enhanced this home even further. Including the entire attic and basement have been spray-insulated, enhancing energy efficiency. New blinds throughout add a modern touch to the spacious layout filled with natural light. Outside, the property boasts beautifully landscaped grounds, perfect for enjoying the serene surroundings. The freshly repainted exterior and yard have seen significant enhancements throughout. A brand-new garage project includes a convenient half bath, while the outdoor space is perfect for entertaining with a covered cozy patio equipped with an outdoor TV. Additionally, The property has been revitalized with all-new landscaping, a freshly paved driveway, and a stylish new fence that enhances its curb appeal. New gutters have been installed for both the house and garage, ensuring proper drainage and maintenance. This residence truly combines elegance, comfort, and functionality, making it an exceptional place to call home in Petoskey. Located in a desirable neighborhood, this home offers a quick walk to downtown Petoskey, stunning views of Little Traverse Bay, and easy access to local shops, dining, and outdoor activities.

604 Bay Street, Petoskey

$4,600,000

478829 MLS

Located just off US 31 across from Bay Harbor, this well-maintained medical and professional office building offers beautiful views of Little Traverse Bay and convenient access to Petoskey, Charlevoix, Harbor Springs, and Boyne City. The two-story multipurpose building features more than 27,000 square feet of finished space designed to accommodate a variety of medical or professional users. Inside, you’ll find multiple reception areas and waiting rooms, a boardroom, private offices and exam rooms, 12 bathrooms, and an elevator for easy access between floors. The layout is practical and adaptable, making it easy to suit different specialties or multi-tenant use. The building can be divided into four separate spaces. Additional amenities include staff lounge and break rooms, generous storage throughout, and large windows that bring in plenty of natural light. A dedicated physical therapy pool adds unique functionality for rehabilitation or specialty services. Situated on 2.43 acres, the property includes a spacious parking lot with approximately 100 spaces, providing ample parking for staff and visitors. With its strong visibility, central location, and extensive build-out, this property is a great opportunity for medical groups, investors, or organizations looking to establish or expand in Northern Michigan. If interested in viewing the marketing plan, please contact us.

4048 Cedar Bluff Drive, Petoskey

$13,645,000

5 Beds ⋅ 7 Baths ⋅ 478781 MLS

Welcome to the Jewel on Walloon at 850 W Bear River Road, a breathtaking 14,636-square-foot estate on the serene North Arm of Walloon Lake, masterfully designed by Gary Nance. This gated property blends timeless craftsmanship with modern luxury, featuring reclaimed Douglas fir timbers, Van Tassell granite accents, and sophisticated interiors with custom cabinetry, marble finishes, and state-of-the-art amenities like geothermal heating, Crestron home automation system, a whole-house generator, electronic blinds, and a heated driveway. The estate boasts a chef’s dream kitchen, a 400-bottle temperature controlled wine cellar, an English pub, a golf simulator, craft room, in-home gym with steam shower, in-home theatre, a car lift to store an extra vehicle or boat in the lower level, an 1850 sq.ft attached guest apartment, and an expansive three-season outdoor entertainment space. The 2.27-acre manicured grounds offer 387 feet of pristine Walloon Lake frontage, a grandfathered 2-well boathouse, a gazebo over the water, a guest cabin, and a grand pergola overlooking all of it. With its rich history, stunning design, and proximity to Walloon Lake Village, Walloon Lake Country Club and charming downtown Petoskey, this property is a rare gem offering unparalleled elegance and tranquility. Welcome Home!

850 W Bear River Road, Petoskey

$1,145,000

3 Beds ⋅ 2 Baths ⋅ 478746 MLS

This thoughtfully designed home offers 3 bedrooms, 2 full bathrooms, and an attached 2-car garage, combining comfort, functionality, and quality craftsmanship. The open-concept main level features 9-foot ceilings, creating a spacious and inviting atmosphere throughout the living areas. All bedrooms and the laundry room are conveniently located on the main floor for easy everyday living. The unfinished walk-out lower level provides additional flexibility and future living space potential, while the bonus room above the garage is ideal for a home office, recreation room, guest suite, or hobby space. Enjoy the outdoors from the covered porch area, perfect for relaxing or entertaining. This home will be built by Petoskey Custom Homes, a premier custom home builder known throughout Northern Michigan for exceptional craftsmanship, attention to detail, and quality construction.

264 Harbor View Lane, Petoskey

$1,049,900

3 Beds ⋅ 2 Baths ⋅ 478733 MLS

Set along sandy private frontage on Pickerel Lake just outside Petoskey, this home is thoughtfully positioned to capture both the shoreline and surrounding natural setting. The main living spaces are oriented toward the water, creating an easy visual connection to the lake while maintaining a sense of openness throughout. Inside, the updated open concept kitchen anchors the main level and flows seamlessly into the living and dining areas. The layout creates a bright, cohesive environment suited for everyday living or hosting guests. Large Pella windows frame lake views and bring natural light into the heart of the home. A main floor primary suite allows for comfortable single level living, making the property well suited for year round use or extended stays. The manageable lot size offers a balanced approach to waterfront ownership with meaningful frontage and direct water access without an oversized footprint. Pickerel Lake is part of Northern Michigan’s Inland Waterway, offering boating access to Crooked Lake, Burt Lake, Mullett Lake, and Lake Huron. This connected chain provides miles of navigable waterways for cruising, fishing, and exploring multiple waterfront communities by boat. Located just minutes from downtown Petoskey, Bay Harbor, and Harbor Springs, the property pairs lake living with convenient access to dining, golf, skiing, and year round amenities. For buyers seeking an Inland Waterway home that prioritizes access, ease, and long term enjoyment of Northern Michigan, this opportunity delivers.

9555 Trail's End Road, Petoskey

$1,100,000

478565 MLS

Located along the US 31 corridor in Emmet County with direct bay views and strong traffic exposure, this commercial property offers a proven setting for business visibility and accessibility. Its position between Petoskey and Charlevoix places it in the path of both local and seasonal traffic traveling one of Northern Michigan’s primary routes. The well constructed building has operated as a deli for many years and includes a full commercial kitchen with flexible interior space. The layout supports continued food service use or conversion to other commercial applications such as a restaurant, café, brewery concept, or professional or medical office. Situated on more than one acre, the property provides room for additional parking, development, outdoor seating, or future expansion. Building was engineered with a potential third floor or roof top deck in mind. With its location, infrastructure, and adaptability, this offering is well suited for an owner operator or investor seeking a high exposure Northern Michigan commercial site.

2569 Charlevoix Avenue, Petoskey

$775,000

4 Beds ⋅ 3 Baths ⋅ 478411 MLS

This beautifully crafted home in the highly desirable Siebenhar neighborhood is scheduled to be completed by fall of 2026—an ideal setting for those seeking peaceful Northern Michigan living. Set on 2.48 private acres, this home immediately stands out with its paved driveway, clean modern exterior, and welcoming 19’ x 6’ covered front porch accented with a beaded soffit and warm can lighting. The attention to detail continues inside, where 9-foot ceilings, an open floor plan, and large windows create bright and inviting living spaces. The main level offers 3–4 bedrooms and 2.5 baths, including a primary bathroom featuring a walk-in ceramic subway-tile shower. Whether you’re hosting family gatherings or enjoying quiet evenings at home, the layout provides both connection and comfort. The spacious living and dining areas open to a rear patio, offering a peaceful spot for morning coffee, grilling, or simply taking in the beauty of the backyard. The lower level is a bonus—a walkout basement offering exceptional versatility. It’s the ideal place to pursue creative projects, set up a workshop, or design a cozy retreat. Exterior features include a 26’ x 24’ attached 2.5-car garage with a Shaker-style 16’ x 8’ overhead door and coordinated all-black exterior lighting on both the home and garage. Sidewalks, patios, and well-planned outdoor spaces provide easy movement around the home and plenty of opportunity for gardening, play areas, or a future fire pit. Located less than three miles from downtown Petoskey, this new home offers exceptional privacy with unmatched convenience. Enjoy quick access to shopping, dining, medical services, golf, year-round recreation, and Lake Michigan. The Siebenhar Association features quiet surroundings, well-maintained properties, and a welcoming community. This home suits a variety of buyers—downsizers, families, or anyone seeking quality construction close to town. A beautifully finished home in a premier location.

3220 Siebenhar Way, Petoskey

$1,250,000

478403 MLS

Located near the bustling US-31 and US-131 intersection, this exceptional 1.93-acre commercial property offers unmatched visibility and access in one of Petoskey’s most heavily traveled corridors. With B-3 zoning, the site supports a wide array of commercial uses, making it ideal for both established operators and new development. All utilities are conveniently installed underground, including City water and sewer, natural gas, and high-speed internet, providing a solid infrastructure foundation for any business plan. Currently operating as a restaurant, the property can be purchased turn-key, complete with hoods, stoves, cookware, silverware, and dishware—perfect for a hospitality entrepreneur ready to step in and continue operations. Alternatively, the generous acreage and flexible zoning create excellent potential for redevelopment into retail, service, office, or other commercial ventures. This is a rare chance to secure a high-exposure property in a premier commercial district of Petoskey.

906 Spring St, Petoskey

$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

$3,900,000

477907 MLS

A rare and remarkable opportunity awaits with this expansive 148-acre parcel of vacant land located just minutes from downtown Petoskey. Featuring gently rolling terrain, mature trees, and two branches of the scenic Tannery Creek—known for remarkable trout fishing—this property is a stunning example of Northern Michigan’s natural beauty. With direct access from Division Road, Country Club Road, and Boyer Road, and bordering the prestigious Bay View Country Club, the land offers both privacy and convenience in a highly desirable location. The size and layout make it ideal for a variety of uses, including a private estate, multi-family development, hobby farm, or conservation retreat. Elevated building sites, peaceful valleys, township septic, and water features create a serene and versatile setting, all just a short drive from Petoskey’s vibrant downtown shops, restaurants, schools, and waterfront. This is truly one of the area’s most exceptional undeveloped properties—a legacy parcel with endless potential.

TBD Division Road, Petoskey

$845,000

477880 MLS

2236 E. Mitchell Road Unit Unit 5, 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

$1,175,000

4 Beds ⋅ 5 Baths ⋅ 476836 MLS

Downtown Dream in Petoskey! Welcome to this stunning 4 bedroom, 4 full-bath & 1 half-bath home - perfectly located less than a quarter-mile from downtown. With two en suite bedrooms, this fully renovated property offers an incredible opportunity to enjoy the luxuries of living locally! A vibrant array of downtown shops, restaurants, and festivals are just a short walk away. Located half a block from both Central Elementary and St. Francis Grade School, and two blocks from the local library—this gorgeous reno is ideal for families! The home has been lifted and features a full ICF basement, providing exceptional durability and energy efficiency. Throughout the home, you'll find premium finishes and beautifully refinished original wood floors in most of the living spaces. Abundant natural light fills the home through large windows, creating a warm and inviting ambience. Relax on the elevated front porch, a perfect place for a morning cup of coffee, engaging with neighbors, and enjoying beautiful Northern Michigan sunsets. This home truly combines comfort, style, and an unbeatable location! Don’t miss your chance to make it yours!

606 State Street, Petoskey

$2,100,000

476474 MLS

This expansive 3.6-acre parcel offers exceptional exposure with frontage on both US 31 and Pickerel Lake Road, making it ideal for a wide range of commercial ventures. The property features a spacious 5,120 sq ft building, well-suited for retail, office, showroom, or light industrial use, and includes a large paved parking lot.

1327 N Us 31, Petoskey

$1,500,000

476058 MLS

Magnificent 9.4 Acre Apartment Development Site Close to Schools, Downtown, the Bay, minutes to everything! -- Incredible opportunity to develop in Petoskey, Bear Creek Township — completely cleared, balanced, and equipped with access to municipal utilities Located very close to the Petoskey school campus, this property offers a prime setting for a New Home with Land multi-family residential condo or rental community with convenient access to schools, services, and surrounding amenities. Purchaser is responsible for verifying all zoning and approval details with Emmet County and Bear Creek Township. A rare opportunity in a high-demand community, experiencing a housing deficit. Don’t miss the chance to bring your development vision to life in one of Northern Michigan’s most desirable communities. Renderings are conceptual in Nature.

1515 Atkins Road, Petoskey

Homes for Sale in Petoskey, MI Between $500,000 to $750,000

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Trish Hartwick

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