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.

Newest Homes for Sale in Petoskey, MI

4768 Us 131 Hwy, Petoskey
$450,000
1 Beds ⋅ 1 Baths ⋅ 479780 MLS
Exceptional commercial opportunity conveniently located just south of Petoskey between Petoskey and Walloon Lake. Offering approximately 7,200 square feet of well-maintained office and flex space, this versatile building is ideally suited for a wide variety of professional, light industrial, manufacturing, distribution, or service-based businesses. The main level features a welcoming reception area, four private offices, a spacious manufacturing or workshop area, a shipping and receiving room complete with an overhead garage door for easy loading and deliveries, men's and women's restrooms, and a comfortable employee break room. The upper level offers seven additional private offices, a large conference room, and two storage rooms, providing ample space for growing businesses or multiple departments. A unique bonus is the private one-bedroom, one-bath apartment with its own separate entrance and elevated deck overlooking beautifully landscaped gardens. Perfect for an owner-operator, on-site manager, employee housing, or an additional source of rental income. The property has benefited from numerous recent capital improvements, including a new rubber membrane roof, many replacement windows, and a new furnace, providing peace of mind for years to come. Ample on-site parking with 14 dedicated spaces ensures convenience for employees and clients alike. Whether you're expanding your business, investing in commercial real estate, or seeking a property that combines office, manufacturing, warehouse, and residential flexibility in one outstanding location, this is an opportunity not to be missed.

4768 Us 131 Hwy, Petoskey

1145 Grand Ridge Drive, Petoskey
$2,499,000
5 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

1248 Autumn Lane, Petoskey
$2,075,000
4 Beds ⋅ 4 Baths ⋅ 479647 MLS
The opportunity to make one of the most breathtaking views in all of Petoskey yours is finally here! Tucked at the end of a quiet cul-de-sac on the most expansive lot in Country Club Hills, this is one of the most established homes in the community, and now one of the most stunningly updated. Just minutes from downtown Petoskey, this private setting offers timeless charm, modern design, and panoramic views of Little Traverse Bay, Harbor Springs, and even Beaver Island. Originally built and now thoughtfully renovated by Phil Duran Custom Builder, the home blends fresh style with enduring quality. It features a brand new kitchen with Café appliances, refinished oak floors, and beautifully updated baths. The main level primary suite provides a peaceful retreat with a soaking tub and deck access overlooking the bay, while spacious upper bedrooms share the same mesmerizing views. The fully finished lower level adds exceptional versatility, highlighted by a dedicated fitness room with a glass roll-up door that opens to the outdoors and frames a stunning view of the bay. Whether you're working out at sunrise or winding down in the evening, it's a space unlike anything else on the market. The lower level also features a bar area, full bath, and a potential fourth non-conforming bedroom/office. There is also an unfinished area over the garage that would make an expansive bonus room! Multiple decks and inviting living spaces inside and out create the perfect backdrop for both quiet mornings and evening gatherings. With its tranquil pond, generous storage, and newly completed improvements, this property is a rare opportunity to own a private bay view home just moments from downtown Petoskey, one that perfectly captures the best of Northern Michigan living. The view from this home is so jaw dropping you have to see it in person to fully appreciate it.

1248 Autumn Lane, Petoskey

6243 Lake Grove Road, Petoskey
$499,000
3 Beds ⋅ 2 Baths ⋅ 479632 MLS
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

602 Jackson Street, Petoskey
$564,900
2 Beds ⋅ 3 Baths ⋅ 479598 MLS
Prime Live-Work or Income Opportunity with Sweeping Bay Views Discover a rare real estate gem in an exceptional, high-visibility location—situated just steps from McLaren Hospital and right next door to the beloved Johan's Bakery. Zoned B3, this versatile property perfectly blends premium residential living with a stable, turnkey commercial investment. The Residential Highlights: Luxury & Versatility The residential component of this property features two stunning, extensively upgraded 1-bedroom, 1-bathroom apartments that offer incredible flexibility for an owner-occupant or savvy investor: The Upper Unit: Features breathtaking, sweeping views of the bay directly from the living room, kitchen, and private deck. Perfect as a luxury primary residence or a high-end rental. The Main Level Unit: Currently owner-occupied and impeccably maintained, this space has a proven, successful history as both a short-term and long-term rental. Bonus Amenity: Includes a coveted one-stall detached garage. The Commercial Component: Built-In Stability Turnkey Office Space: Features a professional layout with one restroom; with a reliable, long-term lease already in place, providing immediate, steady cash flow to anchor your investment. Excellent Track Record: The entire property boasts a fantastic rental history and sits in a highly sought-after corridor. Please allow up to 24 hours for showing requests. Showings for the office shal be limited to office hours, Monday through Fridays from 9-4.

602 Jackson Street, Petoskey

11110 Wildwood Road, Petoskey
$1,250,000
5 Beds ⋅ 3 Baths ⋅ 479560 MLS
Welcome to the "Ranch" this newly remodeled 3,452 sq ft home sits on 78.60 beautiful Northern Michigan acres in Emmet County. Some of the upgrades include new bathrooms, lighting, electrical, appliances, counter tops, doors, newly added center island, new kitchen's (that's right two kitchens) one upper level main kitchen and one in the lower level to service the guests or could be a mother-in-law suite. All new paint throughout, new flooring on the main floor. This ranch style home features 3 bedrooms two baths, including the master suite on the main floor. The lower level has two new bedrooms and full bath with a large living area. The 78.60 acres has miles of trails meandering through the property. There is an open meadow that would be ideal for horses. This particular parcel of land has many uses such as Morel Mushroom hunting, making maple syrup, hunting whitetail deer & ruffled grouse. This would be an ideal setting for a hobby farm which includes several already built outbuildings. Here is a list of the buildings. Two car detached garage (672 sq ft), Large (2,016 sq ft) pole barn with concrete floor and electrical service added, Horse Shed/Tack room (330 sq ft). The "Ranch" is conveniently located to Petoskey, Harbor Springs and Bay Harbor. Enjoy everything Northern Michigan has to offer form this very private estate. Add it all up and it truly is a great value. Please contact me to schedule a showing.

11110 Wildwood Road, Petoskey

1200 Charlevoix Avenue Unit ##1, Petoskey
$985,000
3 Beds ⋅ 3 Baths ⋅ 479538 MLS
This thoughtfully designed condominium offers panoramic views over Little Traverse Bay toward the Upper Peninsula, providing exceptional sunsets, stargazing, and opportunities to view the northern lights—all enjoyed from the comfort of the living area with a gas fireplace. Designed for convenient first-floor living, the main level includes a well-appointed primary bedroom with ensuite bath, kitchen, dining and living areas, laundry room, and a recently finished, attached garage with generous storage. A new composite deck by Renewit extends the living space outdoors, offering an ideal setting for morning coffee while overlooking Lake Michigan. Two upper-level generous bedrooms feature equally impressive views and share a spacious, modern bathroom. The current owners have made significant investments in remodeling, resulting in an impeccably maintained residence. Upgrades include new wood flooring and carpeting. A kitchen remodel with new soap stone counter tops and updated appliances, a new skylight with shade, block-out blinds in the bedrooms and new paint throughout. This is the only stand-alone unit in the complex, with no shared walls or ceilings, ensuring privacy and quiet enjoyment. Ample storage accommodates recreational equipment and seasonal items that add to the enjoyment of Northern Michigan life. The association consists of just five units, simplifying governance and management. The association owns the property to the waterfront, allowing the owners to manage the vegetation and preserve their views of the bay. Association steps provide direct access to the Little Traverse Wheel way and a small private beach. In addition to all this, the location offers easy walking or cycling access to historic downtown Petoskey. Opportunities of this quality and location are rare.

1200 Charlevoix Avenue Unit ##1, Petoskey

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