30

Petoskey, MI Homes for Sale under $200,000

Section Image Section Image
  • /21

    $149,900

    • Land
    • 26,136 Sq Ft
    • $249,833 per Acre

    980 Hotchkiss Cir, Petoskey, MI 49770

    Stunning Lake View Building Site in Resort Gardens Here is your chance to own a beautiful lot in a desirable and quiet association perched atop Resort Pike Hill. This exceptional parcel offers sweeping, unobstructed views of Lake Michigan and Little Traverse Bay-perfectly positioned to capture incredible sunsets year-round. Located just outside the Petoskey city limits, you'll enjoy the serenity

    Agent Photo

    C.T. Shuman

    Real Estate One

    (231) 751-7781

    980 Hotchkiss Cir, Petoskey, MI 49770
  • /14

    $39,900

    • Land
    • 2.18 Acres
    • $18,303 per Acre

    6 Horseshoe Trail, Petoskey, MI 49770

    Horseshoe Meadows offers peaceful country living just minutes from Bay Harbor, Charlevoix, and Boyne City—giving you easy access to Northern Michigan’s best destinations. Enjoy year-round living with: • Lake Michigan beaches • Golf courses & ski resorts • Boating, fishing, hiking & biking • Shopping, dining & events in Petoskey With simple building guidelines, this is an affordable way to enjoy

    Agent Photo

    Judy Curtice-Porter

    REO-TCRandolph-233022

    (231) 244-2236

    6 Horseshoe Trail, Petoskey, MI 49770
  • /14

    $39,900

    • Land
    • 2.46 Acres
    • $16,220 per Acre

    5 Horseshoe Trail, Petoskey, MI 49770

    Horseshoe Meadows offers a quiet, country atmosphere without giving up the convenience of nearby towns. Located just minutes from Bay Harbor, Charlevoix, and Boyne City, you’ll have easy access to some of Northern Michigan’s most desirable destinations. Experience the best of four-season living: • Beautiful Lake Michigan beaches • Renowned golf courses and ski resorts • Endless opportunities for

    Agent Photo

    Judy Curtice-Porter

    REO-TCRandolph-233022

    (231) 751-1643

    5 Horseshoe Trail, Petoskey, MI 49770
  • /14

    $39,900

    • Land
    • 2.27 Acres
    • $17,577 per Acre

    4 Horseshoe Trail, Petoskey, MI 49770

    Horseshoe Meadows blends peaceful country living with close-to-town convenience. From your doorstep, you’re just minutes from the charm and attractions of Bay Harbor, Charlevoix, and Boyne City—some of Northern Michigan’s most sought-after destinations. Enjoy everything this four-season region has to offer: • Stunning Lake Michigan beaches • Championship golf courses and ski resorts • Boating,

    Agent Photo

    Judy Curtice-Porter

    REO-TCRandolph-233022

    (231) 444-5172

    4 Horseshoe Trail, Petoskey, MI 49770
  • /12

    $32,500

    $5K PRICE DROP
    • Land
    • 20,473 Sq Ft
    • $69,149 per Acre

    8605 Spring Ridge Dr, Petoskey, MI 49770

    Wooded parcel tucked into the popular private neighborhood of Silver Creek. Located within the Petoskey school district and just 9 miles from downtown Petoskey, this association offers lower dues, township taxes, paved roads throughout, nature trails, and features the winding creek which gave the development its name. If you're looking for a property to build your northern Michigan home, this one

    Pete Platte Gaslight Group Properties

    8605 Spring Ridge Dr, Petoskey, MI 49770
  • /12

    $160,000

    • Land
    • 39,204 Sq Ft
    • $177,778 per Acre

    3125 Old Orchard Ln Unit Lot 15, Petoskey, MI 49770

    Grand Ridge, Petoskey's best kept secret! Spectacular views of Lake Michigan and the surrounding countryside. Generous sized lots, with elevations that provide some privacy. Only 23 homesites on 45 acres. Three miles from the heart of Petoskey, and 7 miles to Harbor Springs. Million Dollar Sunsets from these wonderful west facing building sites. Land contract available.

    Drew Bartlett Graham Real Estate

    3125 Old Orchard Ln Unit Lot 15, Petoskey, MI 49770
  • /22

    $39,900

    • Land
    • 38,332 Sq Ft
    • $45,341 per Acre

    3438 Annie's Way, Petoskey, MI 49770

    Welcome to the natural beauty of Oakridge Farm Estates. This build site is only 5 minutes from the South side of Petoskey providing quick access to grocery stores and all the conveniences of town but allows for quiet living away from the city. The .88 acre site is fully wooded and the natural, gradual slope provides an excellent opportunity for a home with a walk-out basement. Enjoy the

    Bill Wiegandt Keller Williams Northern Michigan Horizon

    3438 Annie's Way, Petoskey, MI 49770
  • /15

    $145,000

    • Land
    • 2.55 Acres
    • $56,863 per Acre

    TBD Eppler and Intertown Roads, Petoskey, MI 49770

    Price Improved! Build your northern Michigan dream home on this beautiful 2.55-acre corner parcel at Intertown and Eppler Roads in desirable Resort Township. With road frontage on two sides, mostly level terrain, and open space ready for construction and landscaping, this property offers an ideal canvas for your future plans. Enjoy peaceful country surroundings, beautiful sunset views across the

    Sheela Welch Coldwell Banker Schmidt - Petoskey

    TBD Eppler and Intertown Roads, Petoskey, MI 49770
  • /5

    $69,900

    • Land
    • 30,056 Sq Ft
    • $101,304 per Acre

    TBD Atkins & Division Roads, Petoskey, MI 49770

    Great location. One square acre parcel at the NW corner of Atkins and Division Roads.

    Kurt Jacobs Alpine Realty Group

    TBD Atkins & Division Roads, Petoskey, MI 49770
  • /3

    $69,000

    • Land
    • 1 Acre
    • $69,000 per Acre

    6397 Resort Pike Rd, Petoskey, MI 49770

    Beautiful partially wooded building site. Walloon Lake access close by.

    Bill Tribble Coldwell Banker Schmidt - Petoskey

    6397 Resort Pike Rd, Petoskey, MI 49770
  • /11

    $75,000

    • Land
    • 5 Acres
    • $15,000 per Acre

    6011 E Mitchell Rd, Petoskey, MI 49770

    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

    Connor Kroswek Real Broker

    6011 E Mitchell Rd, Petoskey, MI 49770
  • /11

    $189,000

    • Land
    • 2.6 Acres
    • $72,692 per Acre

    TBD Preserve Dr, Petoskey, MI 49770

    Situated in the heart of Bay Harbor’s exclusive Preserve Association, this stunning homesite offers an exceptional blend of natural beauty and luxury living. With 500 feet of frontage along the 7th hole of the world-renowned Preserve Golf Course, the property provides a front-row seat to pristine fairways and quiet wooded serenity. Enjoy partial views of Little Traverse Bay, visible through a

    Patrick Leavy Kidd & Leavy Real Estate Co. LLC

    TBD Preserve Dr, Petoskey, MI 49770
  • /10

    $39,900

    • Land
    • 25,700 Sq Ft
    • $67,627 per Acre

    8877 Cedar Creek Dr, Petoskey, MI 49770

    Come build you dream up north retreat in beautiful Petoskey, Michigan. Just minutes east of downtown, this residential development offers affordability, convince and relaxed Northern Michigan lifestyle. With paved roads and underground utilities throughout the neighborhood you get that clean, finished neighborhood feel. This area is popular with year-round residents who want all that Northern

    Stephanie Flor REO-TCRandolph-233022

    8877 Cedar Creek Dr, Petoskey, MI 49770
  • /14

    $34,400

    • Land
    • 42,688 Sq Ft
    • $35,102 per Acre

    TBD Ash Ct Unit 15, Petoskey, MI 49770

    Discover this inviting 1-acre parcel in the desirable Oaks of Walloon Association—an excellent setting for your next home. The neighborhood is well cared for and offers a private, peaceful feel while remaining conveniently located a short drive from Petoskey, Boyne City, and Charlevoix! This parcel features level topography, a blend of hardwood trees, and a neighboring lot for sale, providing

    Taylor Wager Berkshire Hathaway HomeServices Michigan Real Estate - HS

    TBD Ash Ct Unit 15, Petoskey, MI 49770
  • /9

    $20,000

    • Land
    • 26,136 Sq Ft
    • $33,333 per Acre

    1275 Lone Oak Ct, Petoskey, MI 49770

    Perched in the desirable Traverse Heights neighborhood, this beautiful vacant lot offers the perfect opportunity to build your dream home just minutes from downtown Petoskey. Surrounded by well-appointed homes and tucked into a peaceful setting, this spacious half-acre parcel combines privacy, convenience, and Northern Michigan charm. A small creek gently runs along the property line, adding a

    Geno D'angelo Real Broker

    1275 Lone Oak Ct, Petoskey, MI 49770
  • /3

    $73,000

    • Land
    • 1 Acre
    • $73,000 per Acre

    1010 Grand Ridge Dr, Petoskey, MI 49770

    This wooded 1-acre lot located in the beautiful Grand Ridge association is only three miles from downtown Petoskey. The association has a private entrance with lighted streets, rolling terrain, a pond, and wooded walking trails. Township residency with a great location close to everything Petoskey has to offer.

    Pete Platte Gaslight Group Properties

    1010 Grand Ridge Dr, Petoskey, MI 49770
  • /10

    $49,900

    • Land
    • 24,393 Sq Ft
    • $89,107 per Acre

    8796 Cedar Creek Dr, Petoskey, MI 49770

    Silver Creek is a newer residential development located just a few miles east of Petoskey, offering a balance of affordability, convenience, and Northern Michigan lifestyle appeal. Paved roads and underground utilities, giving it a clean, finished neighborhood feel Quiet, family-friendly neighborhood More suburban/rural feel vs. dense in-town living Popular with year-round residents, not just

    Stephanie Flor REO-TCRandolph-233022

    8796 Cedar Creek Dr, Petoskey, MI 49770
  • /9

    $34,500

    • Land
    • 25,700 Sq Ft
    • $58,475 per Acre

    8838 Spring Ridge Dr, Petoskey, MI 49770

    Discover this nearly flat, wooded 0.59-acre lot located at the end of a peaceful cul-de-sac in Silver Creek. Surrounded by nature and offering plenty of privacy, this beautiful building site is tucked into the woods and ready for your family or retirement retreat. The property features access to natural gas, electricity, and True Stream Fiber for all your connectivity needs. A white sand-bottom

    Matthew Tamm Kidd & Leavy Real Estate Co. LLC

    8838 Spring Ridge Dr, Petoskey, MI 49770
  • /8

    $38,000

    • Land
    • 1 Acre
    • $38,000 per Acre

    290 Harbor View Ln, Petoskey, MI 49770

    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.

    Gail Greenwell Real Estate One

    290 Harbor View Ln, Petoskey, MI 49770
  • /3

    $90,000

    • Land
    • 2.4 Acres
    • $37,500 per Acre

    386 Harbor View Ln, Petoskey, MI 49770

    John Russell Kidd & Leavy Real Estate Co. LLC

    386 Harbor View Ln, Petoskey, MI 49770
  • /10

    $49,900

    $20K PRICE DROP
    • Land
    • 12,196 Sq Ft
    • $178,214 per Acre

    1325 Kieran Ct, Petoskey, MI 49770

    Walking distance to Petoskey's Gaslight District, nature preserve trails across the street, and a flat, cleared lot ready to break ground — this Kieran Court property checks a lot of boxes. The site sits directly across from North Central Michigan College and its adjoining trails, close to schools, and just a short distance from Little Traverse Bay. City utilities in place, BOCA homes permitted,

    Trish Hartwick Coldwell Banker Schmidt - Petoskey

    1325 Kieran Ct, Petoskey, MI 49770
  • /7

    $199,000

    $24K PRICE INCREASE
    • Land

    4300 Vista Dr Unit 28 (A-15), Bay Harbor, MI 49770

    Experience effortless boating and an exceptional waterfront lifestyle with this desirable 40' boat slip at the Bay Harbor Yacht Club. Ideally positioned for convenient access to Lake Michigan, this slip places you just moments from open water and unforgettable days on Little Traverse Bay. Cruise north along the shoreline, make the scenic run to Mackinac Island, or enjoy relaxing sunset outings

    Patrick Leavy Kidd & Leavy Real Estate Co. LLC

    4300 Vista Dr Unit 28 (A-15), Bay Harbor, MI 49770
  • /5

    $169,999

    • Land
    • 1.19 Acres
    • $142,856 per Acre

    7397 Preserve Ct, Petoskey, MI 49770

    One of a kind lot located on the preserve golf course which is the defining point between hole 6/7. Driveway coming of a private cull-del-sac which is very private and quite. This lot offers a large building envelope with many possibilities for a house design and unique features. All amenities Bay Harbor has to offer right at your door step. Seller is offering a yacht club membership and a golf

    Logan Ciesielski Kidd & Leavy Real Estate Co. LLC

    7397 Preserve Ct, Petoskey, MI 49770
  • /9

    $34,500

    • Land
    • 24,829 Sq Ft
    • $60,526 per Acre

    8878 Spring Ridge Dr, Petoskey, MI 49770

    Discover this nearly flat, wooded .57-acre lot located at the end of a peaceful cul-de-sac in Silver Creek. Surrounded by nature and offering plenty of privacy, this beautiful building site is tucked into the woods and ready for your family or retirement retreat. The property features access to natural gas, electricity, and True Stream Fiber for all your connectivity needs. A white sand-bottom

    Matthew Tamm Kidd & Leavy Real Estate Co. LLC

    8878 Spring Ridge Dr, Petoskey, MI 49770
  • /14

    $54,000

    • Land
    • 26,571 Sq Ft
    • $88,525 per Acre

    200 Lakewood Ct, Petoskey, MI 49770

    Build your dream home on this Petoskey city lot at the end of a cul-de-sac in a quiet area of town. This parcel is a good mix of open and wooded area with sunset views and utilities at the curbside.

    Pete Platte Gaslight Group Properties

    200 Lakewood Ct, Petoskey, MI 49770
  • /18

    $75,000

    • Land
    • 1 Acre
    • $75,000 per Acre

    6869 Preserve Dr S, Bay Harbor, MI 49770

    Opportunities like this are becoming increasingly rare — a beautiful 1–2 acre homesite in The Preserve at Bay Harbor. This exceptional property has no mandatory Yacht Club membership — a valuable advantage for future owners. Optional memberships are available for the Bay Harbor Yacht Club, Golf Club, and Cabana Pool, allowing you to tailor your lifestyle experience. Located within a gated,

    Barb Shepherd Berkshire Hathaway HomeServices Michigan Real Estate - HS

    6869 Preserve Dr S, Bay Harbor, MI 49770
  • /10

    $190,000

    • Land
    • 32,234 Sq Ft
    • $256,757 per Acre

    4585 Wildwinds Dr, Petoskey, MI 49770

    Located in the Vistas neighborhood just a short walk to the beach and Bay Harbor Yacht Club is a double lot with stunning birch trees and seasonal views of Lake Michigan. Nestled in an appealing setting amongst attractive homes is the opportunity to create your northern Michigan haven.

    Chris Etienne Harbor Sothebys International Realty

    4585 Wildwinds Dr, Petoskey, MI 49770
  • /9

    $139,000

    • Land
    • 1.4 Acres
    • $99,286 per Acre

    240 Crooked Tree Dr, Petoskey, MI 49770

    Behold one of the last truly great building sites available at Crooked Tree Golf Club. Situated near the 18th tee, this open lot faces the western skies, where million-dollar sunsets await you most summer evenings. This building site is in a low traffic portion of the community, ensuring privacy and minimal noise - other than the birds chirping and breeze blowing in from Lake Michigan. Low HOA

    Kyle Lieberman Kidd & Leavy Real Estate Co. LLC

    240 Crooked Tree Dr, Petoskey, MI 49770
  • /19

    $119,000

    • Land
    • 1.16 Acres
    • $102,586 per Acre

    200 Crooked Tree Dr, Petoskey, MI 49770

    Tucked away on a quiet cul-de-sac within the Crooked Tree community, this gently sloping lot offers a rare opportunity to build with a prime golf course backdrop. Overlooking the 9th green of Crooked Tree Golf Club, the site captures the open feel of the fairway along with limited seasonal water views — and puts you within walking distance of the pro shop and practice range. Crooked Tree is a

    Trish Hartwick Coldwell Banker Schmidt - Petoskey

    200 Crooked Tree Dr, Petoskey, MI 49770
  • /14

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft

    1226 Emmet St, Petoskey, MI 49770

    How do you find a house for under $200,000 in the City of Petoskey? This one is on a gorgeous lot overlooking the Bear River Valley and is currently set up as a duplex. Property needs some TLC, but there are examples of similar-sized rentals in this direct area at 2 times the current rents of $1300 total for both units. Downstairs is a 2-bedroom, 1-bath, and upstairs is a 1-bedroom, 1-bath.

    Barry Lustgarten Gaslight Group Properties

    1226 Emmet St, Petoskey, MI 49770

Home Prices in Petoskey, MI

Home Price Trends

Median Sale Price
$511,000
Median Single Family Sale Price
$519,900
Median 2 Bedroom Sale Price
$345,000
Median 1 Bedroom Sale Price
$275,750
Average Price Per Sq Ft
$401
Number of Homes for Sale
143
Last 12 months Home Sales
222
Months of Supply
7.70
Median List Price
$610,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%
How to Buy a Home How to Finance a Home How to Sell a Home