565 E Lake St #7, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$198,800

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 641 sqft

565 E Lake St #7, Petoskey, MI 49770

Est. Refi. Payment $1,264/mo*
Refinance Your Home
Currently Off Market - Sold Jun 20, 2017 for $72,000

Home Value

Trulia Estimate
$199K
Since last month
Increased$4K (+1.9%)
Since last year
Increased$13K (+6.7%)
Since last sale
Increased$127K (+176.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +189% in the last 10 years
MonthEstimated value
2026
August 2026$199K
August 2026$199K
July 2026$195K
June 2026$204K
May 2026$200K
April 2026$193K
March 2026$189K
February 2026$193K
January 2026$187K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
806 Arlington Ave #11, Petoskey, MI
0.46
Condo
$289,000
09/29/25
2
1
833
927 Spring St #8, Petoskey, MI
1.18
Condo
$235,000
10/02/25
2
1.5
1,170
725 Harbor Watch Dr, Petoskey, MI
1.28
Condo
$345,000
09/12/25
1
1
553
810 Harbor Watch Dr #58, Petoskey, MI
1.31
Condo
$575,000
10/31/25
3
2
1,615
2067 Woods Ln, Petoskey, MI
1.98
Condo
$200,000
09/19/25
2
1
900
833 Hayner Dr #C, Petoskey, MI
1.57
Condo
$295,000
04/24/26
2
2
1,350
2067 Woods Ln #13, Petoskey, MI
1.98
Condo
$200,000
09/22/25
2
1
950
2067 Woods Ln #15, Petoskey, MI
1.98
Condo
$215,000
07/29/26
2
1
950
1477 Castle Dr, Petoskey, MI
1.67
Condo
$327,000
06/15/26
2
2
1,200
1530 Parmenter Ct #18, Petoskey, MI
1.60
Condo
$539,000
05/07/26
2
2
1,225

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
604 Bay St, Petoskey, MI 49770
0.04
$1,875,000
6
3.5
5,653
For Sale
422 E Mitchell St, Petoskey, MI 49770
0.19
$1,795,000
3
2.5
2,322
For Sale
606 State St, Petoskey, MI 49770
0.24
$1,175,000
4
4.5
3,336
For Sale
820 Michigan St, Petoskey, MI 49770
0.26
$509,700
3
2
2,232
Off Market
617 Grove St, Petoskey, MI 49770
0.29
$374,500
3
2.5
1,788
Off Market
617 Harvey St, Petoskey, MI 49770
0.29
$512,000
3
1.5
1,446
Recently Sold
610 Grove St, Petoskey, MI 49770
0.32
$499,000
4
2
1,800
For Sale
908 Grove St, Petoskey, MI 49770
0.39
$186,200
4
1
1,836
Off Market
1115 E Mitchell St, Petoskey, MI 49770
0.40
$431,500
3
1
1,120
Off Market
120 E Lake St, Petoskey, MI 49770
0.39
$1,295,000
6
6
3,815
For Sale
1124 E Mitchell St, Petoskey, MI 49770
0.45
$480,000
4
2
1,500
Recently Sold
308 Fulton St, Petoskey, MI 49770
0.49
$609,000
4
2.5
2,412
For Sale

Local Information

  • Map ViewExplore the area around 565 E Lake St #7.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
641 sqft
$310/sqft

About this House

RUN DON'T WALK TO MAKE AN OFFER ON THIS MAIN FLOOR CONDO. IN THE HEART OF DOWNTOWN PETOSKEY! THIS IS MOST LIKELY THE MOST INEXPENSIVE LIVING IN TOWN. CONDO UNIT INCLUDES COIN LAUNDRY AND SECURE STORAGE AREA. SELLER READY TO MOVE- ENJOY ALL THE AMENITIES PETOSKEY HAS TO OFFER Street level 1 bedroom condo in the heart of downtown Petoskey. HOA of $164 a month includes heat!
565 E Lake St #7, Petoskey, MI 49770 is a 1 bedroom, 1 bathroom, 641 sqft condo. It last sold for $72,000 on Jun 20, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $198,800, with a rent estimate of $1,655/month.

Home Details for 565 E Lake St #7

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Interior Details
Additional StorageNumber of Rooms: 3Storage
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Other

Exterior Features

Exterior Home Features
Roof: OtherExterior: Other
Parking & Garage
Parking: None

Property Information

Property Type / Style
Property Type: CondoArchitecture: Other

Price and Tax history

DateEventPrice
Jun 20, 2017
Source: N/A
Sold
$72,000
Oct 2, 2015
Source: Agent Provided
ListingRemoved
$64,000
Aug 6, 2015
Source: Agent Provided
PriceChange
$64,000
Price decreased by 4%
Aug 1, 2015
Source: Agent Provided
PriceChange
$67,000
Price decreased by 6%
Jul 28, 2015
Source: Agent Provided
Listed For Sale
$71,000

Market trends in Petoskey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$6.67KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
190
19MoM

Around this home

What Locals Say about Petoskey

At least 90 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 80 % Say car is needed

  • 79 % Say people would walk alone at night

  • 78 % Say there's wildlife

  • 75 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 74 % Say yards are well-kept

  • 72 % 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

  • 61 % Say there are sidewalks

  • 58 % Say neighbors are friendly

  • 53 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Deborah
    "Great schools and community support. Safe and walkable. A bit like Mayberry. Neighbors are friendly and helpful. It’s a small town feel with lots af amenities and beautiful nature "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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. "
    0
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 565 E Lake St #7

  • What is 565 E Lake St #7 estimated to be worth?
    Trulia's estimated value for 565 E Lake St #7 in Petoskey, MI is $198,800.
  • What is the price history for 565 E Lake St #7?
    565 E Lake St #7 in Petoskey, MI last sold for $72,000 in June 2017.
  • Is Petoskey a buyer's or seller's market?
    Petoskey is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Petoskey?
    The median sale price in Petoskey is $453K. That is down $6.67K from the prior month.

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