1624 Penny Ln, Petoskey, MI 49770
OFF MARKET

1624 Penny Ln
Petoskey, MI 49770

  • 3 Beds
  • 2 Baths
  • 1,800 sqft (on 1.20 acres)

$601,300

Trulia Estimate
as of May 25, 2026
Est. Refi. Payment $3,565/mo*

$601,300

Trulia Estimate
as of May 25, 2026
Est. Refi. Payment $3,565/mo*
3 Beds
2 Baths
1,800 sqft
(on 1.20 acres)

Local Information

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

Description

Come home to this newly built ranch home, nestled among majestic pine trees on more than an acre in Oakridge Farm Estates. The large, open floor plan coupled with 9-foot ceilings and natural light pouring through large windows highlights just how spacious this house really is. The kitchen is spacious, and the dining room leads out to an open deck surrounded by trees, making this the perfect place to entertain guests. Beautiful luxury plank vinyl floors are installed throughout the main living areas, and the large bedrooms are carpeted for ultimate comfort. The energy-efficient walk-out basement is a DIY dream Drywalled with ICF walls and plumbed for a full bathroom and wet bar, all that's left is for you to make it your own. Another feature of this home is a two-car garage with ample space for vehicles and all your outdoor toys. Although this home is situated on a private lot, it's only minutes away from downtown Petoskey, miles of trails, and some of the most beautiful lakes in Michigan. This property won't last long Call us today to learn more.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 1624 Penny Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 2022Year Updated: 2022
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1.20 acres

Price History for 1624 Penny Ln

DatePriceEventSource
12/05/2022$505,000Sold
N/A
10/06/2022$539,000Listed For SaleNorthern Michigan MLS #469724
11/01/2019$30,000ListingRemovedAgent Provided
11/01/2019$30,000PriceChange
Agent Provided
10/31/2019$35,000Listed For SaleAgent Provided
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Property Tax and Assessment

Year2021
Tax
Assessment$37,000
Home facts updated by county records

Comparable Sales for 1624 Penny Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$475,000
09/24/25
3
2
1,800
0.17
Single-Family Home
$465,000
08/20/25
3
2
1,638
0.05
Single-Family Home
$420,000
06/17/25
3
2
1,650
0.63
Single-Family Home
$220,000
08/04/25
3
1
1,500
0.95
Single-Family Home
$230,000
04/06/26
3
2
1,350
1.15
Single-Family Home
$275,000
07/29/25
3
1
1,400
1.24
Single-Family Home
$387,000
09/05/25
3
2
1,344
1.05
Single-Family Home
$670,000
01/27/26
4
2.5
3,605
1.68
Single-Family Home
$380,000
12/05/25
3
2
2,304
1.20
Single-Family Home
$246,000
01/27/26
2
2
840
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1624 Penny Ln.
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. "
  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
  • 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."
  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
  • 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 "
  • 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. "
  • 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)."

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1624 Penny Ln, Petoskey, MI 49770 is a 3 bedroom, 2 bathroom, 1,800 sqft single-family home built in 2022. This property is not currently available for sale. 1624 Penny Ln was last sold on Dec 5, 2022 for $505,000. The current Trulia Estimate for 1624 Penny Ln is $601,300.