$550,000

1256 Pirates Way Petoskey, MI 49770

Estimated payment $3,174/month

Total Views 176
2.2 Acres
$250,000 Price per Acre
95,832 Sq Ft Lot

About This Lot

Bring Your Vision to Life in Northern Michigan. Here’s your chance to create something special between Petoskey and Harbor Springs. With peaceful creek frontage, nearby amenities, and a special use permit already approved for hotel, motel, or motor inn use, this property is ready for your dream project. Past plans included a lodge and seven buildings with 22 total units—making it a great fit for a luxury short-term rental concept or boutique stay. Properties with this kind of head start and location don’t come around often!

Listing Agent

Pete Platte

Gaslight Group Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,486

Year Built

  • 0

Lot Details

  • 2.2 Acre Lot
  • Property is zoned R-2

Listing and Financial Details

  • Assessor Parcel Number 01-16-34-100-027

Property Details

Property Type

Land

Est. Annual Taxes

$1,486

Year Built

0

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 05/16/2025
  • Section: 34
  • Hd Approved: y
  • Second Address Number: 1256
  • Directions: Head North on 31 from downtown Petoskey. Property is situated behind Pirates Cove. Access through the Pirates Cove entrance.
  • OFFICELIST_STATE: MI
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 0

Exterior Features

  • Waterfront Water Access: Neither

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 2.2
  • Zoning: R-2
  • Number Of Acres: 2.01 - 4
  • Other Permits: Special Use Permit
  • Zoned Commercial: Yes

Tax Info

  • Assessor Parcel Number: 01-16-34-100-027

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,486 $117,700 $117,700 $0
2023 $1,352 $103,800 $103,800 $0
2022 $1,352 $73,600 $73,600 $0
2021 $1,308 $72,000 $72,000 $0
2020 $1,286 $30,000 $30,000 $0
2019 $1,135 $30,000 $30,000 $0
2018 $1,125 $30,000 $30,000 $0
2017 -- $30,000 $30,000 $0
2016 -- $29,300 $29,300 $0
2015 -- $27,000 $0 $0
2014 -- $25,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $550,000 -- --
Source: Northern Michigan MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $88,000 None Available
Warranty Deed $64,900 --
Warranty Deed $40,000 --
Source: Public Records

Source: Northern Michigan MLS

MLS Number: 476465

Northern Michigan MLS

APN: 01-16-34-100-027