120 E Lake St, Petoskey, MI 49770
FOR SALE

120 E Lake St
Petoskey, MI 49770

  • 6 Beds
  • 6 Baths
  • 3,815 sqft

$1,295,000

Original price: $1,450,000

$1,295,000

Original price: $1,450,000
6 Beds
6 Baths
3,815 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

This newly renovated tri-plex is a multi family opportunity. In the heart of the downtown, no better location is out there! Outstanding views paired with the best location, makes this desirable listing one that will sell quickly. There are three beautifully appointed units. The first floor is a two bedroom two bath, with an open floor plan. Our second unit is a three bedroom, three bath with an open floor plan and very unique front and center turret room. Such a lovely place to read a book and enjoy the view. While the third unit is a one bedroom one bath unit, it has the beautiful views we all desire in this lovely area we call home. So much opportunity for the investor or homeowner who wants to live in one unit and rent out the other two. And so much opportunity for the lucky few that get to live near the marina and walk to downtown Petoskey for dinner! Beards Brewery is a hop skip and a jump home!!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$339
Listed
180+ days ago

Home Details for 120 E Lake St

Interior Features

Interior Details
Number of Rooms: 13
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 3815 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Washer, Dryer, RangeDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Floors: Wood

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage Or Carport
Frontage
Not on Waterfront
Water & Sewer
Sewer: City

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: Residential
Building
Construction Materials: Wood Frame/Site Built

Price & Status

Price
List Price: $1,295,000Price Per Sqft: $339

Active Status

MLS Status: Active

Location

Direction & Address
City: Petoskey
School Information
Elementary School District: PetoskeyJr High / Middle School District: PetoskeyHigh School District: Petoskey

Agent Information

Listing Agent
Listing ID: 469818

HOA

No HOA

Miscellaneous

Mls Number: 469818
Last check for updates: about 4 hours ago
Listing courtesy of Jane T Fisher
Gaslight Group Properties, (231) 347-7300
Source: Northern Michigan MLS, MLS#469818

Price History for 120 E Lake St

DatePriceEventSource
10/23/2023$1,295,000PriceChange
Northern Michigan MLS #469818
10/19/2022$1,450,000Listed For SaleNorthern Michigan MLS #469818
04/28/2021ListingRemovedReal Estate One
03/14/2021$400,000Listed For SaleReal Estate One #464454

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Comparable Sales for 120 E Lake St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1111 Petoskey St, Petoskey, MI
0.60
Single-Family Home
$759,000
08/01/25
5
3.5
4,253
46 Bridge St, Petoskey, MI
0.47
Single-Family Home
$150,000
04/17/26
5
2
2,108

Nearby homes

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Assigned Schools

These are the assigned schools for 120 E Lake St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Petoskey

At least 89 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 80 % Say car is needed

  • 78 % Say people would walk alone at night

  • 77 % Say there's wildlife

  • 75 % Say there's holiday spirit

  • 75 % Say parking is easy

  • 74 % Say yards are well-kept

  • 73 % Say kids play outside

  • 72 % Say streets are well-lit

  • 69 % Say it's quiet

  • 66 % Say they plan to stay for at least 5 years

  • 63 % Say it's walkable to restaurants

  • 62 % Say there are sidewalks

  • 58 % Say neighbors are friendly

  • 53 % Say it's walkable to grocery stores

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kalajhutchinsoncounseling
    "Kind and friendly. Helpful and connected with resources in the area. Clean and beautiful. Great community clean up and services. Lots of restaurants and stores to fill your needs. "
    0
    Flag
  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
    0
    Flag
  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
    0
    Flag
  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
    0
    Flag
  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
    0
    Flag
  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
    0
    Flag
  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
    0
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  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
    0
    Flag
  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
    0
    Flag
  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
    0
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  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
    1
    Flag
  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
    1
    Flag
  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
    0
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  • Lacy M.
    "The schools are great. Rent prices and property taxes are very high. Good paying jobs are available, but minimal. Overall, a great town. It's expensive to live here."
    7
    Flag
  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
    4
    Flag
  • Reiner B. N.
    " Gated community surrounding a golf course and yacht club. Community is on Lake Michigan (little traverse bay) and has many good restaurants "
    0
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  • Famtastic l.
    "This home is located accross from state land and surrounded by CCC trails. If you love dirt bike riding, snow mobiling, horse back riding, etc this is the perfect spot. Located just 10 minutes from Petoskey which is set on Lake Michigan. There are many activies to keep you busy in this small town and surrounding area. "
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  • Bizbox43
    "Estimated prices shown are on the low side. Fabulous area for a summer home but great opportunities for winter sports as well. World class yacht club. Excellent 27 holes of golf. Two protected harbors. Highest usage of electric cars in the country (GEM cars)."
    0
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LGBTQ Local Legal Protections

Jane T Fisher, Gaslight Group Properties, (231) 347-7300
Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.
120 E Lake St, Petoskey, MI 49770 is a 6 bedroom, 6 bathroom, 3,815 sqft single-family home. This property is currently available for sale and was listed by Northern Michigan MLS on Jun 1, 2024. The MLS # for this home is MLS# 469818.