30

Petoskey, MI Homes for Sale under $200,000

Section Image Section Image
  • /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

    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

    5 Horseshoe Trail, Petoskey, MI 49770
  • /33

    $110,000

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft

    6021 Rustic Rd, Petoskey, MI 49770

    Handyman special! This is a 3-bedroom, 2-bathroom manufactured home located 6 miles from downtown Petoskey in a rural setting close to Pickerel Lake access. It sits on a full block, unfinished basement. The yard is medium-sized. The property has investment or rental potential. House and property are being sold AS IS.

    Agent Photo

    Chris Christensen

    Lynda's Real Estate Service

    6021 Rustic Rd, Petoskey, MI 49770
  • /14

    $39,900

    • Land
    • 1.01 Acres
    • $39,505 per Acre

    ***** Painted Pony Trail, Petoskey, MI 49770

    • Charming downtown shopping & dining • Festivals, farmers markets & events • Stunning fall colors & scenic drives Why Horseshoe Meadows? • Peaceful country setting • Close to everything that matters • Easy building guidelines • Affordable Northern Michigan living Build now or buy for the future—either way, you’re investing in lifestyle.

    Agent Photo

    Judy Curtice-Porter

    REO-TCRandolph-233022

    ***** Painted Pony 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

    4 Horseshoe Trail, Petoskey, MI 49770
  • /22

    $99,900

    • Land
    • 2.5 Acres
    • $39,960 per Acre

    7049 Preserve Dr S, Petoskey, MI 49770

    Nestled within the prestigious Preserve of Bay Harbor, this attractively wooded parcel offers a private sanctuary of mature hardwoods and tranquil seasonal beauty. It provides the ideal natural canvas to build your custom dream home, combining exclusive neighborhood elegance with the unmatched serenity of the up-north wilderness. This is a rare opportunity to own over two acres in the Bay Harbor

    Chris Etienne Harbor Sothebys International Realty

    7049 Preserve Dr S, 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
  • /7

    $29,900

    $5K PRICE DROP
    • Land
    • 40,946 Sq Ft
    • $31,809 per Acre

    8294 Ridgeway Rd, Petoskey, MI 49770

    Feel the tension fall away as you drive to your new home in the Silver Creek Association. In Silver Creek, you'll enjoy plenty of privacy while still being in close proximity to downtown Petoskey and the amenities of town. This almost full acre lot has a mix of hardwood trees and is adjacent to the association common green space. Its gentle slope gives the option to build a home with a walk-out

    Kimberly McKenzie Lynda's Real Estate Service

    8294 Ridgeway Rd, Petoskey, MI 49770
  • /15

    $165,000

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft

    2555 Howard Rd, Petoskey, MI 49770

    Well-maintained 2-bedroom, 1-bathroom home on 2 acres with a 1.5-car pole barn/garage. Located just outside the Petoskey City limits. Currently used as a long-term rental. The perfect setup for yourself, a future build, or continued rental income.

    Kendra Manning Real Broker LLC - Petoskey

    2555 Howard Rd, Petoskey, MI 49770
  • /11

    $72,000

    • Land
    • 5 Acres
    • $14,400 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 LLC

    6011 E Mitchell Rd, Petoskey, MI 49770
  • /10

    $59,900

    • Land
    • 2.48 Acres
    • $24,153 per Acre

    3220 Siebenhar Way, Petoskey, MI 49770

    Nestled in the highly sought-after Siebenhar neighborhood, this exceptional 2.48-acre homesite offers the perfect opportunity to enjoy the tranquility of Northern Michigan living. Surrounded by privacy and natural beauty, the property is located less than three miles from downtown Petoskey, providing the ideal balance of seclusion and convenience. Enjoy easy access to shopping, dining, medical

    Matthew Tamm Kidd & Leavy Real Estate Co. LLC

    3220 Siebenhar Way, Petoskey, MI 49770
  • /14

    $135,000

    • Land
    • 2.02 Acres
    • $66,832 per Acre

    3030 Wilson Dr, Petoskey, MI 49770

    Perfectly situated just a few miles from downtown Petoskey and beautiful Walloon Lake, this exceptional 2 acre homesite offers the ideal setting for your Northern Michigan dream home. Tucked away at the end of a quiet cul-de-sac, the property provides a peaceful and private setting with beautiful sunset views to enjoy at the end of each day. Create a custom home surrounded by the natural beauty

    Patrick Leavy Kidd & Leavy Real Estate Co. LLC

    3030 Wilson 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
  • /10

    $149,000

    • Land
    • 39,204 Sq Ft
    • $165,556 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.

    Drew Bartlett Graham Real Estate

    3125 Old Orchard Ln Unit Lot 15, Petoskey, MI 49770
  • /31

    $92,900

    • 3 Beds
    • 2 Baths
    • 1,020 Sq Ft

    7463 Old Us 31 Hwy Unit 49, Petoskey, MI 49770

    This charming home in Bay Shore Estates offers 3 bedrooms, 2 bathrooms, and over 1,000 square feet of living space. An open-concept layout features a spacious kitchen with abundant cabinetry. Located approximately one mile south of the bay and adjacent to the Little Traverse Wheelway bike and walking path, the property includes off-street parking, a playground, and available boat/RV storage.

    Dennis Mitchell Real Estate One - Charlevoix

    7463 Old Us 31 Hwy Unit 49, Petoskey, MI 49770
  • /27

    $164,000

    $25K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,152 Sq Ft

    1440 Maxwell Rd, Petoskey, MI 49770

    Opportunity awaits in this 3-bedroom, 1.5-bath ranch situated on approximately one acre in a desirable country setting just minutes from the heart of Petoskey. Located across from the Tanton Family Reserve and trailhead this trail is popular for mountain bikers and hikers alike, offering beautiful sunset views, mature trees, established perennials, and the privacy and tranquility Northern

    Sheela Welch Coldwell Banker Schmidt - Petoskey

    1440 Maxwell Rd, Petoskey, MI 49770
  • /23

    $27,900

    • Land
    • 1.02 Acres
    • $27,353 per Acre

    5747 Ash Ct Unit 14, Petoskey, MI 49770

    Imagine pulling into a quiet, tree-lined drive at the end of the day, where the loudest sound is the wind through mature hardwoods and the pace of life slows the moment you turn in. This 1.02-acre wooded homesite in the established Oaks of Walloon subdivision offers the rare combination Northern Michigan buyers are always searching for — genuine privacy and natural beauty, without giving up

    Dylan Borland Borland Realty LLC

    5747 Ash Ct Unit 14, Petoskey, MI 49770
  • /3

    $74,000

    $1K PRICE INCREASE
    • Land
    • 1 Acre
    • $74,000 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
  • /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

    $50,000

    • Land
    • 26,571 Sq Ft
    • $81,967 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
  • /4

    $165,000

    • Land
    • 20 Acres
    • $8,250 per Acre

    v/l Krause Rd, Petoskey, MI 49770

    Beautiful 20-acre parcel on seasonal road. Property is subject to a 30-foot-wide easement for ingress, egress, and utilities. Electric utilities available at road.

    Jack Van Treese Jack Van Treese & Assoc..

    v/l Krause Rd, Petoskey, MI 49770
  • /23

    $27,900

    • Land
    • 42,688 Sq Ft
    • $28,469 per Acre

    5747 Ash Ct Unit 15, Petoskey, MI 49770

    Imagine pulling into a quiet, tree-lined drive at the end of the day, where the loudest sound is the wind through mature hardwoods and the pace of life slows the moment you turn in. This 1-acre wooded homesite in the established Oaks of Walloon subdivision offers the rare combination Northern Michigan buyers are always searching for — genuine privacy and natural beauty, without giving up

    Dylan Borland Borland Realty LLC

    5747 Ash Ct Unit 15, Petoskey, MI 49770
  • /21

    $115,000

    $10K PRICE DROP
    • Land
    • 1.5 Acres
    • $76,667 per Acre

    721 Franklin Estate Dr, Petoskey, MI 49770

    Must See! Why start from scratch when much of the preliminary site work has already been started! Located just minutes from Petoskey, this property includes two parcels and offers a private, wooded setting with mature trees surrounding the cleared building area. Plenty of room to create your home and outdoor setting you've been envisioning. Well and Septic Field already marked

    Gail Greenwell Real Estate One

    721 Franklin Estate Dr, Petoskey, MI 49770

Home Price Trends

Median Sale Price
$505,000
Median Single Family Sale Price
$512,000
Median 2 Bedroom Sale Price
$350,000
Median 1 Bedroom Sale Price
$267,250
Average Price Per Sq Ft
$403
Number of Homes for Sale
30
Last 12 months Home Sales
217
Months of Supply
7.70
Median List Price
$624,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
How to Buy a Home How to Finance a Home How to Sell a Home