Lot/land

Price cut: $10K (8/13)

$115,000

721 Franklin Ests, Petoskey, MI 49770

--beds

--baths

1.5Acres

VacantLand

Built in ----

1.5 Acres Lot

$-- Zestimate^®

$--/sqft

$83/mo HOA

What's special

Private wooded settingTwo parcels

Must See! Why start from scratch when much of the preliminary site work has already been started! Located just minutes from Petoskey, this property includes two parcels and offers a private, wooded setting with mature trees surrounding the cleared building area. Plenty of room to create your home and outdoor setting you've been envisioning. Well and Septic Field already marked

82 days
98
3

Facts & features

Property

Lot

Size: 1.5 Acres
Features: Mixed Trees
Topography: Flat

Utilities & green energy

Sewer: Septic Needed
Water: Well Needed
Utilities for property: Electricity Available

Community & HOA

HOA

Has HOA: Yes
HOA fee: $1,000 annually
HOA name: Franklin Estates

Location

Region: Petoskey

Financial & listing details

Date on market: 6/13/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/13/2026	Price change	$115,000-8%
Source: Northern Michigan MLS #479735 Report a problem
6/13/2026	Listed for sale	$125,000
Source: Northern Michigan MLS #479735 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 49770

Getting around

0 / 100

Car-Dependent

33 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Ottawa Elementary School
Grades: PK-5Distance: 7.1 mi
9/10
Petoskey Middle School
Grades: 6-8Distance: 6.5 mi
7/10
Petoskey High School
Grades: 9-12Distance: 6.7 mi

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.