Tour
$10,000 Closing Credit¹
#474250, Patrick Leavy, Listing Office: Kidd & Leavy Real Estate Co. LLC
$1,295,000 List price
120 E Lake Petoskey, MI 49770
$10,000
Closing credit¹
6 beds
6 full
3,815 sqft
$339 / sqft
House
Property details
About 120 E Lake
This newly renovated tri-plex is a multi family opportunity. In the heart of the downtown, no better location is out there! Outstanding views paired with the best location, makes this desirable listing one that will sell quickly. There are three beautifully appointed units. The first floor is a two bedroom two bath, with an open floor plan. Our second unit is a three bedroom, three bath with an open floor plan and very unique front and center turret room. Such a lovely place to read a book and enjoy the view. While the third unit is a one bedroom one bath unit, it has the beautiful views we all desire in this lovely area we call home. So much opportunity for the investor or homeowner who wants to live in one unit and rent out the other two. And so much opportunity for the lucky few that get to live near the marina and walk to downtown Petoskey for dinner! Beards Brewery is a hop skip and a jump home!!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Size3,815 sqft
MLS #469818
Summary
- Full Bathrooms: 6
- Appliances: Dryer, Range, Refrigerator, Washer
- Flooring Type: Wood
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: None
- Heating: Natural Gas
- List Price: $1,295,000
- Price/SqFt: $339
- Directions: In the heart of downtown Petoskey.
- Living Area: 3,815 SqFt
- MLS Number: 469818
- Office Name: Gaslight Group Properties
- Listing Agent: Jane Fisher
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 8:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,295,000
120 E Lake
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Central Elementary School
Public Magnet KG-5
0.3 mi
•410 State St
9
Lincoln School
Public Magnet KG-5
0.6 mi
•616 Connable Ave
8
Sheridan School
Public Magnet KG-5
0.8 mi
•1415 Howard St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,078. Typical income of Petoskey, MI residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
46%
<35k
33%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
NASCAR
Where do the neighbors shop?
Family Dollar
Kmart
Dollar General
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Cracker Barrel
What do the neighbors drive?
Ford
Buick
Ram
What do the neighbors listen to?
New Country
Oldies
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 120 E Lake
The listing price of 120 E Lake property is $1,295,000.
The property 120 E Lake is a house located in Petoskey, Michigan, 49770.
Active Listing: 120 E Lake is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 120 E Lake are: Central Elementary School (GreatSchools Rating 7/10), Lincoln School (GreatSchools Rating 9/10), Sheridan School (GreatSchools Rating 8/10), Petoskey Middle School (GreatSchools Rating 7/10), Harbor Springs Middle School (GreatSchools Rating 6/10), Boyne City Middle School (GreatSchools Rating 6/10), Petoskey High School (GreatSchools Rating 8/10), Concord Academy Petoskey (GreatSchools Rating 6/10), Harbor Springs High School (GreatSchools Rating 6/10).
The property at 120 E Lake has 6 bedrooms and 6 bathrooms.
The property 120 E Lake is 3,815 SqFt (source: MLS/tax record).
This home is located at 120 E Lake in Petoskey, MI and zip code 49770. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 19, 2022 and is currently priced at $1,295,000.
Over 0 listings were sold over their listed price in April 2025 in Petoskey, MI. In the same period over 4 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Petoskey, MI between March and April 2025 increased by 7.4%. While the average time on the market in April 2025 was 32 days, the median list price was $472,000.
From Rocket Homes Real Estate and based on county public records data.