$20,000

1275 Lone Oak Ct Petoskey, MI 49770

Estimated payment $293/month

0.6 Acre
$33,333 Price per Acre
26,136 Sq Ft Lot

About This Lot

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. Enjoy easy access to shopping, dining, schools, golf, and Lake Michigan while still feeling tucked away in a quiet residential community.

Listing Agent

Geno D'angelo

Real Broker Listed on: 05/07/2026

Real Broker

Property Details

Property Type

  • Land

Lot Details

  • 26,136 Sq Ft Lot

HOA Fees

  • $167 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • Traverse Heights Association

Listing and Financial Details

  • Assessor Parcel Number 24-01-16-34-225-108

Property Details

Property Type

Land

Lot Details

0.6 Acres

HOA Fees

$167 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 05/07/2026
  • Section: 35
  • Hd Approved: UNK
  • Second Address Number: 1275
  • Directions: US 31 to Pickerel Lake Rd 1/4 Mile to Bayview Heights, left to Traverse Heights to first road.
  • OFFICELIST_STATE: MI
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Cable TV

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Traverse Heights
  • Association: Yes
  • Fees: 2000

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 0.6
  • Zoning: Res
  • Number Of Acres: Under 1

Tax Info

  • Assessor Parcel Number: 24-01-16-34-225-108

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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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
2025 $815 $27,800 $27,800 $0
2024 $8 $20,200 $20,200 $0
2023 $794 $18,100 $18,100 $0
2022 $794 $19,800 $19,800 $0
2021 $769 $19,800 $19,800 $0
2020 $756 $19,800 $19,800 $0
2019 $708 $19,800 $19,800 $0
2018 $698 $20,500 $20,500 $0
2017 -- $20,500 $20,500 $0
2016 -- $20,200 $20,200 $0
2015 -- $19,500 $0 $0
2014 -- $16,100 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2026 05/07/26 For Sale $20,000 +0.5% --
08/17/2022 08/17/22 Sold $19,900 0.0% -- View Prior Sale
08/31/2021 08/31/21 Price Changed $19,900 -33.4% --
08/20/2020 08/20/20 Price Changed $29,900 -36.2% --
04/21/2016 04/21/16 For Sale $46,900 -- --
Source: Northern Michigan MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Source: Northern Michigan MLS

MLS Number: 479256

Northern Michigan MLS

APN: 01-16-34-225-108

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