$449,000

1655 Penny Ln Petoskey, MI 49770

$5,332
Closing credit¹
3 beds
2 full
1,540 sqft
0.7 acres
$292 / sqft
House

Property details

About 1655 Penny Ln

Welcome to this charming home nestled in a tranquil wooded setting just south of Petoskey. This property blends modern comfort with natural surroundings in a quiet neighborhood. The home showcases an inviting open floor plan enhanced by 9-foot ceilings throughout. The well-designed kitchen stands as a central gathering space, with stainless steel appliances, coffee bar, a generous pantry, and a welcoming island that provides additional seating for casual dining. The primary bedroom suite provides a private retreat with large walk-in closet, a bathroom featuring double sinks and a tile walk-in shower. Easy access to large, well-organized laundry room with convenient shelving. Great out door living spaces...a comfortable front porch perfect for morning coffee and an elevated rear deck ideal for evening relaxation. The home includes a two-car attached garage, plus a unique 8-foot walkout crawl space accessible from the exterior -- perfect for storage or setting up a dedicated space for hobbies like woodworking that are best kept separate from the main living area. This thoughtfully designed home offers the perfect balance of comfortable living and modern amenities in a desirable Northern Michigan location.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
Size1,540 sqft
BasementYes
Lot size0.67 Acres
Year built2022
ParkingGarage-Attached
MLS #475806
Attached garage2 spaces

Summary

  • MLS Number: 475806
  • Office Name: Coldwell Banker Schmidt - Petoskey
  • Listing Agent: Trish Hartwick

IDX 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: 4/20/2025, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style house featuring an attached garage

$449,000

1655 Penny Ln

$5,332

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 12, 2024
Home Sold
$307,400

Tax history

YearAssessmentProperty Tax
2024$180,800$-
2023$155,700$-
2022$21,900$-
2021$20,200$-
2020$20,200$-
2019$20,200$-
2018$21,000$-

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $79,897. Most Petoskey, MI residents have annual incomes between $35k-100k. The majority of families are married, no kids. Residents of this area typically 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?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1655 Penny Ln

This home is located at 1655 Penny Ln in Petoskey, MI and zip code 49770. This 1,540 square foot home, which was built in 2022, sits on a 0.67 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $449,000.

Petoskey, MI housing market in March 2025 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 6 sold below. The number of homes for sale in Petoskey, MI decreased by 1% between February and March 2025. In March 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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