$125,000

1679 Penny Ln Petoskey, MI 49770

1.0 acres
Land

Property details

About 1679 Penny Ln

A great opportunity to purchase an improved 1-acre lot in Petoskey's sought after Oakridge Farms neighborhood, only a couple of miles south of Petoskey. Skip the line so to speak, you'll have a jump on everyone else when it comes to building! This corner lot, with many permits in place, will be sold with a brand new 5" well, 1000 gallon septic tank, and a drain field set up for a 3 bedroom home, site will be prepped for a 30' x 50' foundation area, a spot for an attached 24' x 24' garage, prepped for a walkout basement, includes fill dirt, and a completed gravel driveway, plus the seller is providing a $5,000 allowance for backfilling the foundation. * Property is also being sold with the option for a complete build as well, see MLS # 471149 for those details.

Highlights

Home typeVacant Land
StatusActive
Lot size1 Acres
MLS #474546

Summary

  • MLS Number: 474546
  • Office Name: Real Estate One
  • Listing Agent: Matt Hausler

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: 4/24/2025, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$125,000

1679 Penny Ln

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Price information

Property sales

DateEventPrice
May 15, 2023
Home Sold
$15,000

Tax history

YearAssessmentProperty Tax
2024$24,100$-
2023$21,600$-
2022$20,800$-
2021$19,100$-
2020$19,100$-
2019$19,100$-
2018$19,900$-

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. Residents of Petoskey, MI typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

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 1679 Penny Ln

This home is located at 1679 Penny Ln in Petoskey, MI and zip code 49770. Features: 0 bathroom. It has been listed on Rocket Homes since August 2, 2024 and is currently priced at $125,000.

Over 5 listings were sold over their listed price in March 2025 in Petoskey, MI. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Petoskey, MI between February and March 2025 decreased by 1%. While the average time on the market in March 2025 was 49 days, the median list price was $475,000.

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

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