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For sale
  • $659,000

    6243 Lake Grove Rd, Petoskey, MI 49770

    3beds
    1,355sqft
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    SingleFamily
    Built in ----
    2 Acres Lot
    $635,700 Zestimate®
    $486/sqft
    $-- HOA

    What's special

    Two-story homeMajestic wooded backdropSeasonal lake viewsPrivate tree-lined sanctuaryProtected privacy
    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!
    18 days
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    1,259
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Patton,

    Coldwell Banker Schmidt - Petoskey 231-347-7600

    Source: Northern Michigan MLS,MLS#: 479632MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Area: 168
      • Dimensions: 14 x 12
      Bedroom
      • Area: 195
      • Dimensions: 15 x 13
      Bedroom 1
      • Area: 195
      • Dimensions: 15 x 13
      Dining room
      • Area: 77.4
      • Dimensions: 9 x 8.6
      Family room
      • Area: 292.16
      • Dimensions: 17.6 x 16.6
      Kitchen
      • Area: 104
      • Dimensions: 13 x 8
      Heating
      • Wood, Electric Baseboard
      Appliances
      • Included: Dishwasher, Refrigerator, Washer, Dryer, Range
      Features
      • Basement: Crawl Space
      Interior area
      • Total interior livable area: 1,355 sqft

      Property

      Parking
      • Parking features: Detached Garage
      • Has garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Two Or More
      • Patio & porch: Deck
      Lot
      • Size: 2 Acres
      • Dimensions: 150 x 625 Irregular
      • Features: Borders State Land
      Details
      • Parcel number: 132102100020

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Wood Frame/Site Built

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Petoskey

      Financial & listing details

      • Price per square foot: $486/sqft
      • Tax assessed value: $264,000
      • Date on market: 6/5/2026
      • Road surface type: Paved
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        Estimated market value

        $635,700

        $604,000 - $667,000

        $2,366/mo

        Price history

        DateEventPrice
        6/5/2026Listed for sale$659,000$486/sqft
        Source: Northern Michigan MLS #479632 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2021-- $132,000 -1%
        2020-- $133,400 +0.7%
        2019-- $132,500 +13.3%
        2018-- $116,900 +3.5%
        2017-- $113,000 +0.8%
        2016-- $112,100 -0.1%
        2015-- $112,200 +8.7%
        2014-- $103,200 -2.8%
        2013-- $106,200 -2.7%
        2012-- $109,100 -12.6%
        2011-- $124,800 -12.7%
        2010-- $143,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 49770

          Getting around

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          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Petoskey

          Source: Northern Michigan MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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