Lake Homes Realty
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6243 lake grove road

Petoskey, MI 49770

$590,000

3 BEDS 2 BATHS
1,355 SQFT2 AC LOT
Residential - Single Family
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Bedrooms 3
Total Baths 2
Full Baths 2
Square Feet 1355
Acreage 2
Status Active
MLS # 479632
County Emmet
More Info
Category Residential - Single Family
Status Active
Square Feet 1355
Acreage 2
MLS # 479632
County Emmet
Charming Walloon Peninsula Fixer-Upper with Protected Privacy & Seasonal Lake Views! 3 BR / 2 BA | 1,355 SQ FT | Two-Story | 2-Car Detached Garage Nestled into the serene hillside of a rolling and heavily wooded lot on the coveted southern point of the Walloon Peninsula, this two-story home offers an unparalleled opportunity to create your dream Northern Michigan retreat. Located directly across the street from Walloon Lake, you'll enjoy a private, tree-lined sanctuary that opens up to beautiful seasonal lake views as the autumn and winter months roll in. Privacy here is unmatched—your rolling, heavily forested property directly abuts 260 pristine acres of Resort Township and protected conservancy land, ensuring your majestic wooded backdrop remains beautifully wild, private, and permanently untouched. The home itself boasts excellent, solid bones and a fantastic structural layout, providing the perfect canvas for a custom renovation. Inside, you'll find 1,355 square feet of living space featuring 3 bedrooms and 2 bathrooms, complemented by a spacious 2-car detached garage with plenty of room for your boat, water toys, and storage. The property requires extensive updating and restoration throughout, making it an ideal investment project or an incredible opportunity to build significant equity in a highly desirable, premium neighborhood. Due to the extent of updates required, this property will not qualify for conventional financing. Sold strictly as-is. Cash or portfolio loans only. Don't miss out on the rare chance to own a piece of the Walloon Peninsula, backed by hundreds of acres of protected nature, at an incredibly accessible price point. Schedule your showing today and unlock this property's true potential!
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Exterior Features

  • Style RESIDENTIAL
  • Construction Wood Frame/Site Built, Two Story +
  • Siding Wood Frame/Site Built, Two Story +
  • Roof Asphalt Shingle
  • Garage Yes
  • Garage Description Garage-Detached
  • Water Well
  • Sewer Septic
  • Lot Dimensions 150x625 Irregular

Interior Features

  • Appliances Dishwasher, Refrigerator
  • Heating Wood, Electric Baseboard
  • Cooling N/A
  • Basement Crawl
  • Fireplaces Description N/A
  • Living Area 1,355 SQFT

Neighborhood & Schools

  • School Disrict Petoskey

Financial Information

  • Parcel ID 13-21-02-100-020
  • Zoning RT FF/RT RR

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Coldwell Banker Schmidt - Petoskey - (231) 881-9019
Listing Agent Jeff Patton
The data for this listing came from the Northern Michigan MLS.
Presented by Lake Homes Realty, 934 Church St, Flint, MI 48502.
Listing data is current as of 07/22/2026.

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