$6,530 Closing Credit¹
#475764, Trish Hartwick, Listing Office: Coldwell Banker Schmidt - Petoskey
$549,000 List price
1593 Penny Ln Petoskey, MI 49770
$6,519
Closing credit¹
4 beds
2 full, 1 partial
3,107 sqft
0.8 acres
$177 / sqft
House
Property details
About 1593 Penny Ln
Experience the ease of main-floor living in this charming, thoughtfully designed home. The open-concept kitchen and dining area create a welcoming space for gathering, featuring in-floor heating for added comfort. Well-appointed bedrooms are located on the main level, while the fully finished lower level—with egress windows—offers options for a fifth bedroom, entertainment space, or a home gym with cedar siding. Built with quality in mind, this home includes cement board siding, custom interior trim work, a cedar deck, and carefully crafted exterior details. Outside, a well-maintained, expansive lawn, sprinkler system, and a fire pit setup with solar lighting provide the perfect outdoor setting. The attached garage is heated with plenty of room for storage but it you need more the shed offers space for lawn equipment and recreational gear. Positioned near Northern Michigan's Golden Triangle, this location is ideal for skiing and year-round outdoor activities. Enjoy access to nearby conservancies, biking and hiking trails, four local wineries, and public Walloon Lake access at the south end of Resort Pike and Gruler Road. The home is also near Bay Harbor, the casino, and tons of top-tier golf courses. Located in a well-established neighborhood, 1593 Penny Lane offers a sense of community, with welcoming neighbors and a balanced mix of professionals, families and retirees. With air conditioning, fiber optic internet, and a peaceful yet convenient setting just a few miles south of town, this property is a perfect place to call home. Call for a private showing or come to one of two open houses this weekend. Saturday 10AM until noon or Sunday from 3PM to 5PM.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air, Baseboard, Floor Furnace
StatusActive
CoolingCeiling Fan(s), Central Air
Size3,107 sqft
BasementYes
Lot size0.78 Acres
Year built2009
ParkingGarage-Attached
MLS #475896
Attached garage2 spaces
Summary
- MLS Number: 475896
- Office Name: Coldwell Banker Schmidt- Harbor Springs
- Listing Agent: William Winslow
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: 3/12/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$549,000
1593 Penny Ln
$6,519
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 03, 2019 | Home Sold | $288,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $196,000 | $- |
| 2023 | $171,700 | $- |
| 2022 | $149,000 | $- |
| 2021 | $138,700 | $- |
| 2020 | $131,700 | $- |
| 2019 | $127,900 | $- |
| 2018 | $113,000 | $- |
History based on county public records data.
Nearby schools
8
Sheridan School
Public Magnet KG-5
2.7 mi
•1415 Howard St
9
Lincoln School
Public Magnet KG-5
3.0 mi
•616 Connable Ave
6
Ottawa Elementary School
Public Magnet KG-5
3.2 mi
•871 Kalamazoo Ave
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 $79,897. Typical income of Petoskey, MI residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
21%
<35k
43%
35k-100k
23%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
24%
Single, No Kids
8%
Single, with Kids
39%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
$5,451 Closing Credit¹
#475806, Trish Hartwick, Listing Office: Coldwell Banker Schmidt - Petoskey
Frequently asked questions
About 1593 Penny Ln
This home is located at 1593 Penny Ln in Petoskey, MI and zip code 49770. This 3,107 square foot home, which was built in 2009, sits on a 0.78 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $549,000.
While more than 1 listings in Petoskey, MI in February 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 9 were sold below. The inventory of homes for sale in Petoskey, MI between January and February 2025 increased by 10%.
From Rocket Homes Real Estate and based on county public records data.