Lake Petersburg
Rustic ranch homes with sweeping views
Lake Petersburg lots are arranged so each resident can own a slice of the lake's coastline. Ranch-style homes are the most common here, dating back to the 1960s and 70s. There are more modern properties and some open lots, too. With private docks and sweeping views, these homes typically range from $250,000 to $500,000, based on size. Homes sit right on the lake shore but are not in a FEMA Special Flood Hazard Area. Most homes have around 2,000 square feet, and yards are often more than a quarter acre. Streets off the main road are gravel and don't have sidewalks, giving a rural, rustic feel. "It's hard to get in the community," Lounsberry says. "Everybody and their grandmother knows when a house is going to go on the market — so when it does, it's a scramble."
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Events, amenities and restrictions from the Lake Petersburg Association
All of the homes on the lake shore are part of the Lake Petersburg Association, which has monthly dues of around $60. There are limitations on building additions, and though renting out homes is allowed, there is a year-long limit and an additional fee. The association works to bring the community together with regular events like weekly bass fishing tournaments and a holiday lights competition. Fourth of July is one of the biggest events, with a fireworks show and raffle. The association also manages the community's sewer system. Homeowners are responsible for maintaining their systems, with a $400 annual fee for maintenance.Boating, golfing and walks through history
The biggest natural outdoor attraction here is obviously the lake, which is open for residents only. Locals enjoy water skiing, fishing and swimming in the sparkling water. Motorized water vehicles are restricted in the mornings and evenings to protect from noise pollution. But the lake isn't the only way to get outside. The west side of the community is home to the Shambolee Golf Course, a public 18-hole golf course with local leagues and a lively bar.Directly east of the lake is Lincoln's New Salem State Historic Site, a reconstructed village where Abraham Lincoln spent his early adulthood. There's free admission, so it's a well-trodden spot to take walks amidst quaint log cabins and gardens. The Fall Festival stands out among the site's popular seasonal events, with costumed reenactors and activities like soap-making and blacksmithing.
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Community support and local businesses in Petersburg
Lake Petersburg is only about two miles from the historic city of Petersburg, which has a charming small-town atmosphere. "It's amazing and unique how the community around Petersburg supports each other. A few years back, there was a house fire, and everyone came together to donate clothes and toys," Lounsberry says. "A true community feel is a good way to put it." The town also has a lively selection of local businesses. Broadgauge, housed in a restored general store in 1872, is a one-stop shop for entertainment. It opens in the morning as a quaint coffee shop and, come evening, is a lively bar, classy restaurant and event space. Shows of live music, comedy and film screenings are held here, and there are horse-drawn carriage rides on the weekend. Over at the Hand of Fate brewery, patrons can enjoy craft beers and board games on their outdoor rooftop. Mom + Pop's is a modern take on the classic diner, with daily specials and a hugely popular Friday fried chicken buffet. There's also a local wine bar, several coffee shops and a few boutiques.
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A tight-knit local school system
Local kids are zoned to be a part of the PORTA Community Unit School District No. 202, which has three schools in the city of Petersburg. PORTA Elementary serves prekindergarten through second grade, and PORTA Central serves grades third through sixth. Seventh through twelfth graders finish out at PORTA Jr-Sr High School. All three schools get a B-minus grade from Niche. PORTA High School has a variety of academic offerings, from AP courses to more hands-on agriculture and industrial options. Even though the school spans six grades, less than 500 kids attend, creating a tight-knit environment.Springfield is 30 minutes away
Petersburg has city amenities like a post office, one large grocery store and even a small hospital. However, for larger hospitals, more employers, and a regional airport, Springfield is 20 miles away. It's a drive that takes around 30 minutes on average. For an even larger city experience, residents can take 30 minutes to connect out to Interstate 55, which runs to St. Louis and Chicago.
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Written By
Catherine Lashley
Photography Contributed By
Chris Jeong
Video By
Charlie Lingner
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Agents Specializing in this Area
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Jim Fulgenzi
Jim Fulgenzi
RE/MAX Professionals
(217) 993-8699
767 Total Sales
1 in Lake Petersburg
$175,000 Price
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JULIE DAVIS
JULIE DAVIS
The Real Estate Group, Inc.
(217) 860-0893
476 Total Sales
1 in Lake Petersburg
$379,000 Price
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Dominic Campo
Dominic Campo
Responds QuicklyCampo Realty, Inc.
(217) 860-0849
260 Total Sales
1 in Lake Petersburg
$190,000 Price
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Amy Hageman
Amy Hageman
Responds QuicklyThe Real Estate Group, Inc.
(217) 886-8018
233 Total Sales
1 in Lake Petersburg
$249,900 Price
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KC SULLIVAN
KC SULLIVAN
Responds QuicklyThe Real Estate Group, Inc.
(217) 860-0717
238 Total Sales
4 in Lake Petersburg
$177K - $400K Price Range
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Melissa Vorreyer
Melissa Vorreyer
Responds QuicklyRE/MAX Professionals
(217) 606-8797
734 Total Sales
3 in Lake Petersburg
$75K - $468K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Transit
Lake Petersburg Demographics and Home Trends
On average, homes in Lake Petersburg, Petersburg sell after 25 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Petersburg, Petersburg over the last 12 months is $209,495, up 3% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$397,799
Median Sale Price
$209,495
Median Single Family Sale Price
$463,445
Median Townhouse Sale Price
$397,799
Median 2 Bedroom Sale Price
$475,000
Median Change From 1st List Price
-1%
Last 12 months Home Sales
2
Median Home Sale Price YoY Change
3%
Average Price Per Sq Ft
$220
Neighborhood Facts
Number of Homes in Neighborhood
217
Number of Homes for Sale
5
Median Year Built
1973
Months of Supply
30.00
Average Single Family Home Size Sq Ft
2,307
Above the national average
1,924
Median Lot Size Sq Ft
19,819
Distribution of Home Values
Homes for Sale
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$259,500
- 2 Beds
- 1 Bath
- 1,120 Sq Ft
- 465 Juniper Dr
- New 12 days ago
Gorgeous 2 bed/ 1 ba Lake Petersburg Ranch on 3 lots! Located on quiet bay w good water, lots of lake views & nice entertaining space! Home offers vaulted ceilings, updated lighting, updated windows, laminate flooring & open floor plan. Kit has plenty white cabinets, stainless appliances, island & Quartz countertops! Dining Rm has lake views and access to huge tiered deck to the gentle sloping
Kim Wenda RE/MAX Professionals
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$279,000
- 3 Beds
- 2.5 Baths
- 2,560 Sq Ft
- 308 Elm Ln
Enjoy lake life in this beautifully updated 3 bed, 3 bath home on Lake Petersburg. Step inside to discover a bright, open-concept layout with brand-new flooring, fresh paint, and updated lighting fixtures. The renovated kitchen features granite countertops, stainless steel appliances, and ample cabinet space. Both bathrooms upstairs were gutted and remodeled. A finished walkout basement adds
Andrew Kinney The Real Estate Group, Inc.
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$279,000
- 4 Beds
- 2.5 Baths
- 3,197 Sq Ft
- 327 Elm Ln
Bring the family, bring the friends, bring the pets -- there is plenty of room inside and out here to experience all that Lake Petersburg has to offer you and yours! This sprawling ranch style home offers 4 bedrooms, 2.5 baths, two separate attached garages, two floors of finished living space, and a massive rear deck with choice panoramic views! Main floor of home boasts a roomy rear facing
Seth Goodman ME Realty
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
828
Median Age
45
Population Density
1 person/acre
Population under 18
23.1%
On par with the national average
23.8%
Population over 65
25.7%
Above the national average
19.1%
Finances
Median Household Income
$74,147
On par with the national average
$71,702
Average Household Income
$86,570
Education and Workforce
High School Graduates
96.2%
Above the national average
89.1%
College Graduates
28%
Below the national average
34.1%
Advanced Degrees
10.7%
% Population in Labor Force
63.1%
Weather
Annual Precipitation
38''
Average Winter Low Temperature
20°F
Average Summer High Temperature
86°F
Annual Snowfall
7''
Area Factors
Somewhat Bikeable
Bike Score®
21
/ 100
Car-Dependent
Walk Score®
5
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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