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Petoskey, MI Homes for Sale under $400,000

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  • /26

    $390,000

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft

    1547 Castle Dr, Petoskey, MI 49770

    Enjoy the ease of main-floor living in this charming, well-maintained ranch-style unit. The open-concept layout seamlessly connects the living, dining, and kitchen areas—ideal for both relaxing and entertaining. The spacious primary suite includes a private en-suite bath, and the main-floor laundry adds everyday convenience. A generous basement offers ample storage or potential for future

    Agent Photo

    Doug Nowels

    Real Estate One

    (231) 265-8683

    1547 Castle Dr, Petoskey, MI 49770
  • /21

    $359,000

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft

    2882 School Rd, Petoskey, MI 49770

    Location, Location, Location! Nestled between the crystal-clear waters of Walloon Lake and Lake Michigan, this welcoming home offers the perfect blend of Up North serenity and convenient access to the best of Northern Michigan living. Located just minutes from downtown Petoskey, you'll enjoy easy access to: • Unique boutiques and shops • Local breweries and wineries • World-class rock hunting and

    Agent Photo

    Todd Jansen

    CENTURY 21 REALTY NORTH-HOUGHTON LK

    (231) 272-2384

    2882 School Rd, Petoskey, MI 49770
  • /22

    $399,900

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    2262 Harbor-Petoskey Rd, Petoskey, MI 49770

    Perfectly positioned between Harbor Springs and Petoskey sits this ranch style home. The open floor plan creates a comfortable flow for everyday living, while the home's setting offers a sense of privacy just minutes from everything. Enjoy the nearby Little Traverse Wheelway, the Petoskey State Park and its beautiful beaches less than a mile away; perfect for a quick bike ride or walk. With

    Heidi Kresnak Graham Real Estate

    2262 Harbor-Petoskey Rd, Petoskey, MI 49770
  • /20

    $374,900

    • 4 Beds
    • 2.5 Baths
    • 2,026 Sq Ft

    944 Windsong Place, Petoskey, MI 49770

    Welcome to this charming and meticulously cared-for 4-bedroom, 2.5-bathroom home, located in the desirable Windsong Woods subdivision. This spacious property features an additional office room on the lower level, perfect for working from home or as a quiet retreat. Step into the heated two-car garage, complete with a large loft above—ideal for extra storage, a home office, or even conversion

    Kenneth Heath EXP Realty

    944 Windsong Place, Petoskey, MI 49770
  • /36

    $389,900

    • 2 Beds
    • 1.5 Baths
    • 1,480 Sq Ft

    511 Bay St, Petoskey, MI 49770

    Prime location perfectly situated just a block from the heart of downtown Petoskey in the highly sought after Lower Eastside neighborhood. Walk anywhere in town; just a short stroll to schools, restaurants, shopping, and Little Traverse Bay waterfront million dollar sunsets. This historic home has been extensively updated and features 2 large bedrooms and 1.5 baths, plus a fantastic three-seasons

    Cam Braddock Gaslight Group Properties

    511 Bay St, Petoskey, MI 49770
  • /37

    $399,900

    • 3 Beds
    • 2 Baths
    • 1,484 Sq Ft

    8597 Pickerel Lake Rd, Petoskey, MI 49770

    Welcome to 8597 Pickerel Lake Rd. This park like setting will put a smile on your face the minute you pull into the driveway. This well maintained 3 bedroom, 2 bath home is on 9.1 acres of gorgeous hardwoods. Home has a large family room, newer appliances, nice size kitchen, a 2 car garage, large garden area, chicken coop, and plenty of property for the hobby farmer. The walking paths throughout

    John Russell Kidd & Leavy Real Estate Co. LLC

    8597 Pickerel Lake Rd, Petoskey, MI 49770
  • /36

    $375,000

    • 4 Beds
    • 2 Baths
    • 2,128 Sq Ft

    1145 Woodland Dr, Petoskey, MI 49770

    Coveted Parkview Estates Location – A Fixer-Upper with incredible potential! Nestled between Petoskey and Bay Harbor, this home offers the perfect blend of peaceful country living with the convenience of being just minutes from vibrant shopping, dining, and entertainment. Enjoy access to nearby biking and walking trails along the stunning Lake Michigan shoreline, and the Great Lakes Center for

    Beth Flynn @properties Christie's International Real Estate - Petoskey

    1145 Woodland Dr, Petoskey, MI 49770
  • /26

    $369,900

    • 3 Beds
    • 2 Baths
    • 1,520 Sq Ft

    1616 Pond Cir Unit 65, Petoskey, MI 49770

    Experience relaxed Northern Michigan living in this brand-new, never-lived-in pond-side home—fully furnished with custom pieces from downtown Petoskey’s Quiet Moose. Designed for simplicity and low maintenance, this home offers the perfect blend of comfort, convenience, and style in a growing community. Enjoy breathtaking westward views and the region’s famous sunset colors from your private 20'

    Bill Shearer Harbor Sothebys International Realty

    1616 Pond Cir Unit 65, Petoskey, MI 49770
  • /27

    $399,000

    • 2 Beds
    • 1 Bath
    • 1,320 Sq Ft

    312 Grove St, Petoskey, MI 49770

    Beautifully updated 2-bedroom, 1-bath home in the heart of downtown Petoskey. Located just blocks from the Gaslight District, 312 Grove Street features open main-floor living, modern finishes, a fenced yard with deck, and views of Little Traverse Bay. The basement was recently encapsulated to help protect your storage and keep your winter heating bills down. Move-in ready with timeless charm and

    Zac Lejeune Gaslight Group Properties

    312 Grove St, Petoskey, MI 49770
  • /47

    $389,000

    • 4 Beds
    • 1 Bath
    • 2,234 Sq Ft

    6073 Rocky Beach Rd, Charlevoix, MI 49720

    Welcome to Your Bay Shore Stone Cottage Retreat – with Extra Land to Build Your Dreams Just 600 feet from the sparkling shores of Lake Michigan, this charming stone-accented cottage and adjoining wooded parcel offer the perfect blend of cozy living, natural beauty, and endless potential. Nestled in the heart of Bay Shore—between Petoskey and Charlevoix—you’ll enjoy easy access to three township

    Jeff Wellman @properties Christie's International Real Estate - Petoskey

    6073 Rocky Beach Rd, Charlevoix, MI 49720
  • /19

    $319,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    804 Arlington Ave Unit 6, Petoskey, MI 49770

    Open House Saturday October 18th from 12pm-2pm. Hosted by: Suzie Cartwright. Move-In Ready and Beautifully Updated! This stunning condo has been completely refreshed with high-quality updates and modern finished throughout. You'll love the open, inviting feel created by fresh paint and luxury vinyl flooring that flows seamlessly from room to room. The kitchen shines with a total remodel featuring

    Suzanne Cartwright Real Estate One

    804 Arlington Ave Unit 6, Petoskey, MI 49770
  • /21

    $329,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    204 Winfield Ave, Petoskey, MI 49770

    This cozy, well maintained, two-bedroom, one bath home is tucked away on a quiet side street just minutes from downtown Petoskey. Inside you will find a light filled kitchen with good flow and a delineated space that also feels open to the living room. The living area has sliding doors that lead out to a deck where there is a sizable fenced in back yard with a shed; a perfect space for a dog to

    Pete Platte Gaslight Group Properties

    204 Winfield Ave, Petoskey, MI 49770
  • /41

    $360,000

    • 1 Bed
    • 1 Bath
    • 192 Sq Ft

    2067 Bluestem Dr Unit 264, Petoskey, MI 49770

    Discover the perfect Northern Michigan getaway on this beautifully wooded lot at Hearthside Grove - designed for the ultimate summer RV lifestyle and ready for year-round enjoyment. Spend your days swimming or relaxing by the resort pool, playing pickleball on the 4 resort courts, playing games in the clubhouse or mingling with neighbors. Venture off-site to enjoy the very best of northern

    Phyllis Burkee Jack Van Treese & Assoc..

    2067 Bluestem Dr Unit 264, Petoskey, MI 49770
  • /40

    $339,000

    • 3 Beds
    • 2 Baths
    • 1,060 Sq Ft

    3652 Country Club Rd, Petoskey, MI 49770

    Charming 3-bedroom, 2-bath ranch on nearly half an acre, just a short drive from Petoskey. Built in 1997, this 1,060. ft. home offers a bright, open layout with a spacious living room, vinyl windows, wood floors, and a cozy gas fireplace. The kitchen flows into the dining area, making it ideal for everyday living and entertaining. A full basement adds flexibility for storage, hobbies, or future

    Mindy Ozenberger Berkshire Hathaway HomeServices Michigan Real Estate - HS

    3652 Country Club Rd, Petoskey, MI 49770
  • /31

    $314,900

    • 3 Beds
    • 1 Bath
    • 1,130 Sq Ft

    202 Wesley St, Petoskey, MI 49770

    Located just blocks from downtown Petoskey, this 3-bedroom, 1-bath home offers charm, functionality, and a prime in-town location. Situated on a sunny corner lot, the home features a bright living room with large windows, a main-floor bedroom, and a full bathroom. The kitchen offers ample cabinet space and seamlessly integrates with the main living areas, creating a practical layout. Upstairs,

    Christopher Eckerman Coldwell Banker Schmidt - Petoskey

    202 Wesley St, Petoskey, MI 49770
  • /31

    $340,000

    • 3 Beds
    • 1.5 Baths
    • 2,194 Sq Ft

    1411 Highland Dr, Petoskey, MI 49770

    Beautifully updated 3-bedroom, 1.5-bath home in the heart of Petoskey! Enjoy the views and a convient location! This home offers bright, welcoming living spaces, a newer roof, updated eat-in kitchen and designated office spaces with plenty of storage. A functional floor plan and inviting finishes make this property a perfect place to call home.

    Kim Porta Keller Williams Northern Michigan Horizon

    1411 Highland Dr, Petoskey, MI 49770
  • /37

    $399,000

    • 5 Beds
    • 4 Baths
    • 2,482 Sq Ft

    5062 Cook Ave, Petoskey, MI 49770

    Excellent Investment Opportunity in Northern Michigan! This well-maintained triplex offers strong rental potential in the heart of Conway, perfectly situated just across from scenic Crooked Lake. Enjoy a prime location—only 6 miles from Harbor Springs and 6 miles from Petoskey. The property features three distinct units: Unit 1 - a charming 2-bedroom, 1-bath with hardwood flooring and a private

    Pete Platte Gaslight Group Properties

    5062 Cook Ave, Petoskey, MI 49770
  • /15

    $375,000

    • 2 Beds
    • 2 Baths
    • 880 Sq Ft

    3600 Village Harbor Dr Unit Rooms 429/431, Bay Harbor, MI 49770

    Experience the ultimate in flexibility and luxury with this Grand Suite – Quarry View, located within the Inn at Bay Harbor. This two-room, two-bathroom suite offers the perfect blend of comfort and opportunity. The main king room features a cozy fireplace, kitchenette, dining area, and private balcony; while the adjoining room includes two queen beds and a convenient wet bar. Accommodating up to

    David Shuman Bay North Realty Co.

    3600 Village Harbor Dr Unit Rooms 429/431, Bay Harbor, MI 49770
  • /14

    $389,000

    • Land
    • 0.62 Acre
    • $627,419 per Acre

    1750 Spring St, Petoskey, MI 49770

    Multi-Family site with views over Petoskey and Little Traverse Bay. Zoned for Residential low density multi-family. Located close to Petoskey and close proximity to major shopping and dining areas. Water and sewer nearby.

    Brad Rellinger Harbor Sothebys International Realty

    1750 Spring St, Petoskey, MI 49770
  • /38

    $325,000

    • 3 Beds
    • 1.5 Baths
    • 1,344 Sq Ft

    1575 Roy Rd, Petoskey, MI 49770

    Petoskey Country Living on 5 Acres. Discover the perfect blend of privacy, space with this solidly built 3-bedroom, 2-bath ranch-style home situated on approximately 5 acres along newly paved Roy Road in Petoskey. This single-story home offers main-floor living and includes a full unfinished basement with high ceilings—ideal for creating additional living space to suit your needs. You'll find

    Matt Hausler Real Estate One

    1575 Roy Rd, Petoskey, MI 49770
  • /5

    $350,000

    • 4 Beds
    • 1 Bath
    • 1,967 Sq Ft

    215 W Lake St, Petoskey, MI 49770

    Location, location, location! This property is just a short walk from Petoskey's charming Gaslight District, offering easy access to its unique shops, dining, and vibrant community atmosphere. Plus, its close to Lake Michigan, downtown, and the hospital- ideal for a variety of investment opportunities. With a little vision, this could be your next big project. Petoskey's real estate market is

    Jim Bell Coldwell Banker Fairbairn Realty

    215 W Lake St, Petoskey, MI 49770
  • /18

    $365,000

    • 4 Beds
    • 5 Baths
    • 3,850 Sq Ft

    319 W Mitchell St, Petoskey, MI 49770

    Located in the heart of Petoskey, this mixed-use property offers a rare investment opportunity just steps from downtown shopping, restaurants, waterfront parks, and McLaren Hospital. The property includes a duplex and 3 commercial spaces. The duplex has two 2-bedroom, 1-bath apartments with a year-round water view from the upper unit. Zoning allows the upper unit to be used as a vacation

    Amanda Conklin Real Estate One

    319 W Mitchell St, Petoskey, MI 49770
  • /19

    $399,900

    • Land
    • 15 Acres
    • $26,660 per Acre

    862 S Ellsworth Rd, Petoskey, MI 49770

    If you're looking for Nature and Privacy look no further. This well cared for home has a large deck in back overlooking a beautifully landscaped pond with fish, acres of woods and two large garden areas with blackberries ready for picking. The three bedroom, two bath home features an open concept living area, 28x24 heated garage and 28x20 pole barn for all your toys. Don't miss out, set up an

    Mike Sherwood Re/Max North

    862 S Ellsworth Rd, Petoskey, MI 49770
  • /44

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,620 Sq Ft

    1679 Penny Ln, Petoskey, MI 49770

    New construction in Petoskey's sought after Oakridge Farms neighborhood. Only two homes are left from the original three available! This brand new home, on a large 1 acre lot, will feature 3 bedrooms and 2 full baths, and a 2 car garage. Easily accessible main floor living for those that have trouble navigating stairways, making it a great condo alternative. Efficient in floor radiant heat, new

    Matt Hausler Real Estate One

    1679 Penny Ln, Petoskey, MI 49770
  • /24

    $400,000

    • Land
    • 1 Acre
    • $400,000 per Acre

    Lot 1 Leeward Dr, Petoskey, MI 49740

    Lakefront property on an island surrounded by 53 acres of Little Traverse Conservancy property and 5,000 feet of lake frontage. Three exceptional lots on Oden Island are available where you can build your dream home with a view of beautiful Crooked Lake. These unique parcels are the home to giant pine trees and include approximately 130 feet of lake frontage each. An approved community

    Jack Van Treese Jack Van Treese & Assoc..

    Lot 1 Leeward Dr, Petoskey, MI 49740

Home Trends in Petoskey, MI

Housing Trends

Median Sale Price
$487,500
Median Single Family Sale Price
$535,000
Median 2 Bedroom Sale Price
$332,000
Median 1 Bedroom Sale Price
$272,500
Average Price Per Sq Ft
$371
Number of Homes for Sale
92
Last 12 months Home Sales
198
Months of Supply
5.60
Median List Price
$589,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
17%
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