Petoskey

Petoskey, Michigan Real Estate

Petoskey is the hub of the Little Traverse Bay region, a historic resort town where a walkable downtown, a deep summer-colony heritage, and year-round life on Lake Michigan come together. Its Gaslight District, home to more than 170 independent shops, galleries, and restaurants, is the commercial and cultural center of the area.

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Why Petoskey

Petoskey is the hub of the Little Traverse Bay region, a historic resort town where a walkable downtown, a deep summer-colony heritage, and year-round life on Lake Michigan come together. Its Gaslight District, home to more than 170 independent shops, galleries, and restaurants, is the commercial and cultural center of the area.

Downtown and Life on the Bay

Downtown mixes small-city convenience with resort charm. A perfect morning is strolling Bayfront Park, walking the piers, and taking in the watercraft, both personal and commercial. The trail opens onto Little Traverse Bay, and the beaches are known for Petoskey stones, the Michigan state stone. Hemingway spent his boyhood summers nearby, and that history still runs through town. Petoskey sits at the center of everything, a few minutes from Bay Harbor and Harbor Springs and an easy base for buyers exploring the wider region.

What Homes Cost in Petoskey

Petoskey holds the widest selection of residences in the region, from historic in-town homes and condominiums to newer subdivisions or waterfront properties with bay views. Supply stays tight and demand from out-of-area buyers is steady. Having worked this market for decades, Bob and Trish help buyers weigh downtown walkability against waterfront value and act decisively when a strong listing appears.

Where the Hartwicks Send Friends Downtown

Where the Hartwicks send friends downtown: North Perks Coffee, a locally owned coffee shop and gathering spot for espresso, tea, and light bites; McLean & Eakin Booksellers, a well-loved independent bookstore; the Crooked Tree Arts Center, with rotating exhibits in a restored downtown church; Chandler's for an intimate, upscale, locally sourced dinner; and Julienne Tomatoes for homemade soups, baked goods, and sandwiches made with local ingredients.

Questions Buyers Ask About Petoskey

What Buyers Want to KnowPetoskey against its neighbors, the Gaslight District in winter, and the neighborhoods buyers ask aboutView QuestionsClose▾
What makes Petoskey different from Harbor Springs and Bay Harbor?▾

Size and selection. Petoskey is the hub of the Little Traverse Bay region and holds the widest range of homes. Harbor Springs is smaller, quieter and exclusive. Bay Harbor is a planned resort community where nearly every home sits inside an association. A buyer who wants a variety of choices, a downtown that runs all year and a central location usually starts here.

What is the Gaslight District, and is downtown busy in winter?▾

The Gaslight District is Petoskey's downtown core, more than 170 independent shops, galleries and restaurants, and it is the commercial and cultural center of the region rather than a seasonal strip. It stays open through the winter. Bayfront Park and the piers are a short walk away, the trail opens onto Little Traverse Bay, and the beaches along it are known for Petoskey stones. Buyers comparing towns often find this the deciding factor: Petoskey behaves like a small city rather than a resort.

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Newest Homes for Sale in Petoskey, MI

1256 Pirates Way, Petoskey
$499,000
478822 MLS
Bring Your Vision to Life in Northern Michigan. Here’s your chance to create something special between Petoskey and Harbor Springs. With peaceful creek frontage, nearby amenities, and a special use permit already approved for hotel, motel, or motor inn use, this property is ready for your dream project. Past plans included a lodge and seven buildings with 22 total units—making it a great fit for a luxury short-term rental concept or boutique stay. Properties with this kind of head start and location don’t come around often!

1256 Pirates Way, Petoskey
308 Fulton Street, Petoskey
$609,000
4 Beds ⋅ 3 Baths ⋅ 478808 MLS
Welcome to this fabulous Fulton Street home, where location, layout, and views of Little Traverse Bay come together, all within easy reach of downtown. This 4-bedroom, 2.5-bath home offers the flexibility today's buyers are looking for. The main floor features a dedicated office space ideal for remote work, along with an open-concept kitchen designed for gathering. With generous counter space and seamless flow into the dining and living areas, it's a layout that makes entertaining feel effortless. A convenient half bath completes the main level. Upstairs, you'll find four bedrooms, including a spacious primary suite with a private ensuite bath. Multiple rooms throughout the home capture views of the Bay, filling the space with natural light and unforgettable sunsets. Outdoor living adds even more appeal. The deck is perfectly positioned for grilling, and the backyard offers plenty of room to host friends, throw a baseball, or unwind around a campfire. The detached garage offers impressive depth and versatility, ideal for vehicles, storage, recreational gear, or hobby space. A dedicated woodshop area keeps projects contained, and the finished upper level above the garage is a true bonus. With sunset views over the Bay, it's an inspiring setting for painting, yoga, a studio, or a retreat for kids. Just blocks from local schools, a neighborhood park, a new brewery, and an easy walk to downtown Petoskey's shops, restaurants, and year-round events, this location offers a rare combination of space, walkability, and water views. Space to gather. Room to grow. Don't miss your opportunity to make it yours.

308 Fulton Street, Petoskey
850 W Bear River Road, 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
9555 Trail's End Road, Petoskey
$974,900
3 Beds ⋅ 2 Baths ⋅ 478733 MLS
Open House this Saturday, October 3rd, from 10 to 11 AM! Sandy toes, morning coffee on the dock, and downtown Petoskey or Harbor Springs just minutes away: this is 50 feet of private Pickerel Lake frontage done right. The home has been fully updated with a kitchen featuring ultra high end appliances, expansive Pella windows facing the water, and a main floor primary suite. Step out to the hot tub and deck, then take the boat from your own dock across the Inland Waterway to Crooked, Burt, and Mullett Lakes and on to Lake Huron. A two and a half car garage keeps the boat and toys close, and short term rentals are allowed for owners who want income while they are away. Move in ready and made for every season. Your Northern Michigan lake life is calling. Its time to start living it!

9555 Trail's End Road, Petoskey
290 Harbor View Ln, Petoskey
$38,000
478617 MLS
Build the home you’ve always imagined. This is an exceptional opportunity to build in one of Petoskey’s most sought-after locations. Approximately one-acre lot allows for a home design with a walkout lower level, perfectly suited to the natural landscape. Depending on your vision, you may choose to maintain the wooded setting for added privacy or selectively clear trees to capture a valley view. Located in a quality subdivision featuring underground utilities, natural gas, and high-speed internet, this property offers the ideal blend of elegance and modern convenience. Just minutes from downtown Petoskey, it provides the perfect balance of privacy, scenery, and accessibility. Bring your vision and create something truly special.

290 Harbor View Ln, Petoskey
431 Madison St, Petoskey
$399,900
5 Beds ⋅ 2 Baths ⋅ 478568 MLS
Located in the heart of Petoskey, this versatile in-town home offers an exceptional location directly across the street from McLaren Northern Michigan Hospital and just a short distance from downtown Petoskey’s shopping, restaurants, and the scenic Bear River Walkway. Currently utilized as a two-unit rental, the property provides numerous possibilities—continue its income-producing use, or easily convert it back to a single-family residence with the added bonus of separate living quarters above the garage. The home has seen many recent improvements, including a new roof on the main house approximately five years ago, brand-new windows throughout the main house, and a newly rebuilt front porch that adds to its curb appeal. Above the garage, a newly renovated one-bedroom, one-bath apartment offers excellent flexibility, whether used as a rental for additional income or as comfortable guest accommodations. With its prime location, recent updates, and flexible layout, this property presents a rare opportunity to own a home that can adapt to a variety of living or investment needs in one of Petoskey’s most convenient neighborhoods.

431 Madison St, Petoskey
2569 Charlevoix Avenue, 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
3220 Siebenhar Way, 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 late spring of 2027—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
906 Spring St, 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
525 W Mitchell Street, 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
TBD Division Road, 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
2067 Bluestem Dr Unit #264, Petoskey
$345,000
1 Beds ⋅ 1 Baths ⋅ 477876 MLS
Discover your private Northern Michigan retreat at Hearthside Grove Luxury Motorcoach Resort in Petoskey. Nestled among mature hardwoods with no immediate rear neighbors - just peaceful woods - Lot 264 offers exceptional privacy in one of the Midwest's premier Class A motorcoach communities. Designed for effortless outdoor living, the expansive patio is perfect for entertaining family and friends. Gather around the natural gas fire pit, cook on the natural gas grill and relax surrounded by nature. Outdoor patio furniture, grill and deck storage box are included. The full paver coach pad comfortably accommodates today's larger luxury Class A motorcoaches plus a tow vehicle. The charming 192 sq ft bungalow is thoughtfully equipped for comfortable three-season and year-round use with a queen hide-a-bed, loft for additional sleeping or storage, full bath, kitchenette with refrigerator, sink, microwave and washer/dryer combo, plus a mini-split heat pump with A/C, heated floors, auxiliary wall heater and a residential water softener serving both the bungalow and coach connection. A full concrete crawlspace beneath the bungalow provides abundant storage and convenient utility access. The lot also offers excellent potential to expand the bungalow and/or add a covered outdoor living area, subject to Hearthside Grove Architectural Review Committee approval under the Architectural Bylaws. Enjoy the resort pool, hot tub, 4 pickleball courts, Ciderpress Clubhouse and an active social calendar. Just minutes from downtown Petoskey, Bay Harbor, Harbor Springs, Charlevoix, Lake Michigan beaches, boating, fishing, championship golf, the Little Traverse Wheelway, hiking, shopping, dining and Northern Michigan's spectacular scenery. Most bungalow furnishings, including TV, refrigerator, microwave and other selected furnishings are included. Hearthside Grove is an exclusive luxury Class A motorcoach resort for modern, RVIA-certified motorcoaches.

2067 Bluestem Dr Unit #264, Petoskey
TBD Cemetery Road, Petoskey
$699,900
477546 MLS
NEW PRICE! Development Opportunity in the City of Petoskey, views of Lake Michigan from this elevated location. Previously approved for 8 building sites, close to dining, shopping, the famed Gaslight District and just minutes from McLaren Northern Michigan Hospital and everything Petoskey has to offer. Zoning classification City Of Petoskey PUD. The association has recently voted to grant an easment to allow official access to the site.

TBD Cemetery Road, Petoskey
6011 E Mitchell Road, Petoskey
$72,000
477540 MLS
Embrace the opportunity to own a breathtaking 4.94-acre parcel, a true gem nestled along a well-maintained paved road in the heart of Northern Michigan’s pristine countryside. This enchanting property, enveloped by lush, mature woodlands, boasts a diverse, gently rolling topography with dry, buildable terrain, offering a versatile canvas for your aspirations. Whether you dream of crafting a custom-designed home tailored to your unique vision, creating a serene camping retreat for family getaways, or engaging in recreational pursuits such as hunting or nature exploration, this land provides boundless possibilities to bring your plans to life. Its south-facing orientation ensures abundant sunlight throughout the day, bathing the property in warmth and creating an inviting atmosphere ideal for sustainable living, gardening, or simply soaking in the natural beauty.Despite its secluded ambiance, this haven offers remarkable accessibility, placing you just a 12-minute drive from the vibrant, small-town charm of downtown Petoskey, with its boutique shops, acclaimed dining, and lively community events. In just 20 minutes, you can reach the picturesque shores of Harbor Springs, known for its scenic beauty and refined elegance. This prime location strikes a perfect balance between peaceful privacy and proximity to the region’s rich offerings. Savor the excitement of summer festivals, indulge in water activities on Lake Michigan’s sparkling shores, or hit the nearby world-class ski slopes during winter’s snowy embrace, ensuring year-round enjoyment for every lifestyle.More than just a parcel of land, this property is an invitation to create lasting memories, whether it’s building a legacy home, hosting gatherings under the stars, or immersing yourself in the tranquility of nature. Opportunities like this are rare in Northern Michigan’s coveted landscape. Don’t let this chance to own a slice of paradise slip away.

6011 E Mitchell Road, Petoskey
321 E Lake 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
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