Is Petoskey, MI dog-friendly?

As of early 2026, 89% of users say it's dog friendly

Is a car needed in Petoskey, MI?

As of early 2026, 80% of users say car is needed

Would people walk alone at night in Petoskey, MI?

As of early 2026, 78% of users say people would walk alone at night

Is there wildlife in Petoskey, MI?

As of early 2026, 78% of users say there's wildlife

Does Petoskey, MI show holiday spirit?

As of early 2026, 75% of users say there's holiday spirit

Is parking easy in Petoskey, MI?

As of early 2026, 75% of users say parking is easy

Are yards well-kept in Petoskey, MI?

As of early 2026, 74% of users say yards are well-kept

Do kids play outside in Petoskey, MI?

As of early 2026, 72% of users say kids play outside

Are the streets well-lit in Petoskey, MI?

As of early 2026, 72% of users say streets are well-lit

Is Petoskey, MI quiet?

As of early 2026, 69% of users say it's quiet

Do residents of Petoskey, MI plan to stay at least 5 years?

As of early 2026, 66% of users say they plan to stay for at least 5 years

Is Petoskey, MI walkable to restaurants?

As of early 2026, 63% of users say it's walkable to restaurants

Does Petoskey, MI have sidewalks?

As of early 2026, 62% of users say there are sidewalks

Are neighbors friendly in Petoskey, MI?

As of early 2026, 58% of users say neighbors are friendly

Is Petoskey, MI walkable to grocery stores?

As of early 2026, 53% of users say it's walkable to grocery stores

Are there community events in Petoskey, MI?

As of early 2026, 39% of users say there are community events

OFF MARKET

8530 Penny Ln
Petoskey, MI 49770

$121,700

Trulia Estimate

as of Jul 24, 2026

Est. Refi. Payment $789/mo*

Refinance Your Home

$121,700

Trulia Estimate

as of Jul 24, 2026

Est. Refi. Payment $789/mo*

Refinance Your Home

(on 8.75 acres)

Local Information

Map ViewExplore the area around 8530 Penny Ln.
Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Lot/Land

Lot Size

8.75 acres

About this House

If your searching for a peaceful, private building site, close enough to enjoy all of the conveniences and amenities that Petoskey has to offer...this may be it! This property consists of 8.75 wooded acres. There is a 30'x30' cabin shell, just waiting to be finished to your specifications. Circle drive is in place with additional building site(s) already cleared. Many mature trees on the property as well as a small creek that runs through the back, providing privacy and a tranquil setting.

8530 Penny Ln, Petoskey, MI 49770 is a lot/land. It last sold for the $95,000 asking price on Sep 12, 2023. It is currently off market. The Trulia Estimate is $121,700, with a rent estimate of $2,040/month.

Home Details for 8530 Penny Ln

Interior Features
View No View

Exterior Features
Surface & Elevation Topography: Flat

Property Information
Property Type / Style Property Type: LandProperty Subtype: Unimproved Land
Property Information Parcel Number: 142004400026

Price & Status
Price List Price: $95,000
Status Change & Dates Off Market Date: Tue Sep 12 2023Possession Timing: At Closing

Active Status
MLS Status: Sold

Location
Direction & Address City: Petoskey

Lot Information
Lot Area: 8.75 Acres

Offer
Contingencies: Active w/Contingencies

Miscellaneous
Mls Number: 23-719

Last check for updates: about 23 hours ago

Listed by Sarah E Barr, (906) 630-6347

Real Estate One Northern Properties

Bought with: AGENT OUTSIDE, (906) 632-7336, OUTSIDE OFFICE

Source: EUPBR, MLS#23-719

Price History for 8530 Penny Ln

Date	Price	Event	Source
09/12/2023	$0	Sold	EUPBR #23-719
Recording Date 09/12/2023 County Transfer Tax N/A Total Transfer Tax N/A
08/07/2023	$95,000	Contingent	EUPBR #23-719

07/31/2023	$95,000	Listed For Sale	EUPBR #23-719

01/27/2009	$39,900	Sold	N/A
Recording Date 01/27/2009 Contract Date 01/23/2009 County Transfer Tax $44 Total Transfer Tax N/A

Market trends in Petoskey

Last updated June 2026

Avg. sale price

$460K

Sale-to-List Price

—

Price per sq ft

—

Available listings

171

22MoM

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Property Tax and Assessment

Year	2021
Tax
Assessment	$38,600

Home facts updated by county records

Comparable Sales for 8530 Penny Ln

Address	Distance	Property Type	Sold Price	Sold Date	Bath	Sqft
11300 Berry Creek Valley Rd, Petoskey, MI	3.81	Lot/Land	$35,000	12/02/25	-	-
Sunset Blvd #51, Alanson, MI	3.82	Lot/Land	$20,000	05/22/26	-	-
Reams Rd, Indian River, MI	4.29	Lot/Land	$124,500	10/29/25	-	-
Tbd Banwell Rd, Alanson, MI	4.94	Lot/Land	$155,000	02/04/26	-	-

Nearby homes

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

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FOR SALE
3D VIEW
9.65 ACRES
$950,000
6 bd
5 ba
5,394 sqft
1071 Roy Rd,
Petoskey, MI 49770
Real Broker LLC - Petoskey
OFF MARKET
3 bd
2 ba
3,500 sqft
862 S Ellsworth Rd,
Petoskey, MI 49770
Re/Max North
FOR SALE
0.59 ACRES
$34,500
8838 Spring Ridge Dr,
Petoskey, MI 49770
FOR SALE
0.57 ACRES
$34,500
8878 Spring Ridge Dr,
Petoskey, MI 49770
FOR SALE
$32,750
8719 Spring Ridge Dr,
Petoskey, MI 49770
FOR SALE
0.46 ACRES
$49,900
8832 Cedar Creek Dr,
Petoskey, MI 49770
Stephanie Flor
FOR SALE
0.56 ACRES
$49,900
8796 Cedar Creek Dr,
Petoskey, MI 49770
Stephanie Flor
FOR SALE
0.47 ACRES
$27,500
8605 Spring Ridge Dr,
Petoskey, MI 49770
OFF MARKET
8886 Cedar Creek Dr,
Petoskey, MI 49770
FOR SALE
0.66 ACRES
$49,900
8886 Cedar Creek Dr #85,
Petoskey, MI 49770
Stephanie Flor
FOR SALE
0.69 ACRES
$49,900
8904 Cedar Creek Dr,
Petoskey, MI 49770
Stephanie Flor

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Additional Cost

Assigned Schools

These are the assigned schools for 8530 Penny Ln.

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
78 % Say there's wildlife
75 % Say there's holiday spirit
75 % Say parking is easy
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
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
Resident
2mo ago
"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
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DavD
Resident
7mo ago
"I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
0
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Rick Pawley
Resident
1y ago
"Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
0
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Leirik Wysocki
Resident
1y ago
"Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
0
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Reed_perkins
Resident
1y ago
"Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
0
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khaalck
Resident
2y ago
"I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
0
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Ktwichel3
Resident
2y ago
"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
Resident
5y ago
"Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
0
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Josephmccarron64
Resident
6y ago
"There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
0
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Melissa.hundey
Resident
6y ago
"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.
Resident
7y ago
"Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
1
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Kendrasgreen21
Resident
7y ago
"far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
1
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Emily C.
Resident
7y ago
"Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
0
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Lacy M.
Resident
7y ago
"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
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Kgrunt
Prev. Resident
7y ago
"Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
4
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Reiner B. N.
Resident
8y ago
" 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.
11y ago
"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
13y ago
"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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