575 E Lake St, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$282,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 800 sqft

575 E Lake St, Petoskey, MI 49770

Est. Refi. Payment $1,754/mo*
Refinance Your Home
Currently Off Market - Sold Oct 5, 2021 for $199,900

Home Value

Trulia Estimate
$282K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$5K (+1.8%)
Since last sale
Increased$83K (+41.3%)
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 +227% in the last 10 years
MonthEstimated value
2026
August 2026$283K
August 2026$282K
July 2026$281K
June 2026$287K
May 2026$280K
April 2026$282K
March 2026$283K
February 2026$285K
January 2026$270K
2025
2024
2023
2022
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
0.47
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
1.27
Condo
$345,000
09/12/25
1
1
553
2067 Woods Ln #15, Petoskey, MI
1.97
Condo
$215,000
07/29/26
2
1
950
833 Hayner Dr #C, Petoskey, MI
1.57
Condo
$295,000
04/24/26
2
2
1,350
1530 Parmenter Ct #18, Petoskey, MI
1.59
Condo
$539,000
05/07/26
2
2
1,225
1536 Parmenter Ct #19, Petoskey, MI
1.62
Condo
$505,000
06/01/26
2
2
1,225
1528 Parmenter Ct #17, Petoskey, MI
1.60
Condo
$586,850
05/07/26
2
2
1,225
814 Lakeview Rdg, Petoskey, MI
1.25
Condo
$575,000
05/28/26
3
3
2,397
814 Harbor Watch Dr #65, Petoskey, MI
1.32
Condo
$830,000
12/29/25
4
3
2,980

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
0.05
$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
0.25
$509,700
3
2
2,232
Off Market
617 Grove St, Petoskey, MI 49770
0.28
$374,500
3
2.5
1,788
Off Market
617 Harvey St, Petoskey, MI 49770
0.28
$512,000
3
1.5
1,446
Recently Sold
610 Grove St, Petoskey, MI 49770
0.31
$499,000
4
2
1,800
For Sale
908 Grove St, Petoskey, MI 49770
0.38
$186,200
4
1
1,836
Off Market
1115 E Mitchell St, Petoskey, MI 49770
0.39
$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
0.48
$639,000
4
2.5
2,412
For Sale

Local Information

  • Map ViewExplore the area around 575 E Lake St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 1961
800 sqft
$353/sqft

About this House

Offered turn-key and furnished. You'll love how much this quaint main-floor living first-level-end-unit condo with two beds and one bath in the heart of Petoskey has to offer. Walk or roll to everything in downtown Petoskey including shops, restaurants, the library, Bay Front Park, and more. Recent bathroom remodel. This unit is unique in that it appears to have hardwood flooring under the carpet, in-unit laundry (as well as community laundry), a storage locker, a garage, and under-stairs storage. Two secured entries allow you to enter from Lake Street or Williams Street. Just a five-minute drive from McLaren Northern Michigan hospital, 20 minutes from Charlevoix, 10 minutes from the sandy beaches of Petoskey State Park, and about 15 minutes to Harbor Springs. The unit includes heat and water as part of the HOA dues. These units have a history of multiple offers and transfer quick so make sure to get your offer in! Please ask your representative to show you a copy of the 3D tour.
575 E Lake St, Petoskey, MI 49770 is a 2 bedroom, 1 bathroom, 800 sqft condo built in 1961. It last sold for $199,900 on Oct 5, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $282,100, with a rent estimate of $2,035/month.

Home Details for 575 E Lake St

Interior Features

Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Appliances & Utilities
DishwasherDryerRefrigeratorWasher

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Condo

Exterior Features

Parking & Garage
Parking Space: 1

Price and Tax history

DateEventPrice
Oct 5, 2021
Source: RE/MAX of Michigan Solds #466253_49770
Sold
$199,900
Aug 20, 2021
Source: Northern Michigan MLS #466253
Listed For Sale
$199,900
Apr 4, 2014
Source: N/A
Sold
$75,000
Apr 15, 2013
Source: N/A
Sold
$85,000

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 575 E Lake St

  • What is 575 E Lake St estimated to be worth?
    Trulia's estimated value for 575 E Lake St in Petoskey, MI is $282,100.
  • What is the price history for 575 E Lake St?
    575 E Lake St in Petoskey, MI last sold for $199,900 in October 2021.
  • 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.
  • Does 575 E Lake St have laundry facilities?
    Yes, 575 E Lake St in Petoskey, MI has in-unit laundry.
  • Does 575 E Lake St have parking?
    Yes, 575 E Lake St in Petoskey, MI has on-site parking.

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