#476974, Pete Platte, Listing office: Gaslight Group Properties
$399,000 List price
1679 Penny Ln Petoskey, MI 49770
3 beds
2 full
1,620 sqft
1.0 acres
$246 / sqft
House
Property details
About 1679 Penny Ln
New construction in Petoskey's sought after Oakridge Farms neighborhood. Only two homes are left from the original three available! This brand new home, on a large 1 acre lot, will feature 3 bedrooms and 2 full baths, and a 2 car garage. Easily accessible main floor living for those that have trouble navigating stairways, making it a great condo alternative. Efficient in floor radiant heat, new everything, including stainless steel appliances and on-demand hot water. If you act now you can choose from a selection of exterior vinyl siding colors. This established subdivision is in an ideal location just a short drive to shopping, dining, Petoskey Schools and award wining McLaren Northern Michigan Hospital, plus it's right around the corner from the popular Mackinaw Trail Winery. BONUS OPTION: Call for details on how to save 5% off of the purchase price, for a limited time. *Photos shown are not the actual home but show a very similar home the builder has worked on with very similar floor plans and finishes.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Floor Furnace
StatusActive
Size1,620 sqft
BasementYes
Lot size0.97 Acres
Year built2024
ParkingGarage-Attached
MLS #471149
Attached garage2 spaces
Summary
- Full Bathrooms: 2
- Appliances: Microwave, Dishwasher, Dryer, Range, Refrigerator, Washer
- Basement: Yes
- Interior: Patio
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Garage-Attached
- Exterior: Patio
- Heating: Natural Gas, Floor Furnace
- List Price: $399,000
- Price/SqFt: $246
- HOA Amount: $500
- Lot: Paved
- Directions: From US 31 and US131, drive south on US 131 5.3 miles to Williams Road, turn right (west) on Williams Road approximately a 1/4 mile to Oakridge Farms on the right. Lots 1 and Lot 8 are on the west side near Cemetery Rd.
- Year Built: 2024
- Living Area: 1,620 SqFt
- Lot Size: 0.97 Acres
- MLS Number: 471149
- Office Name: Real Estate One
- Listing Agent: Matt Hausler
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: 7/16/2025, 5:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 15, 2023 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $79,897. Most Petoskey, MI residents have annual incomes between $35k-100k. Typical family type is 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?
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
Frequently asked questions
About 1679 Penny Ln
The listing price of 1679 Penny Ln property is $399,000.
The property 1679 Penny Ln is a house located in Petoskey, Michigan, 49770.
Active Listing: 1679 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1679 Penny Ln are: Sheridan School (GreatSchools Rating 8/10), Lincoln School (GreatSchools Rating 9/10), Ottawa Elementary School (GreatSchools Rating 6/10), 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 last sale was on May 15, 2023 for $15,000 (source: MLS/tax record).
The property at 1679 Penny Ln has 3 bedrooms and 2 bathrooms.
The property 1679 Penny Ln is 1,620 SqFt (source: MLS/tax record).
The year of construction for 1679 Penny Ln is 2024.
This home is located at 1679 Penny Ln in Petoskey, MI and zip code 49770. This 1,620 square foot home, which was built in 2024, sits on a 0.97 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 26, 2023 and is currently priced at $399,000.
Petoskey, MI housing market in June 2025 saw over 10 listings sold above listed price, more than 10 sold at listed price and over 18 sold below. The inventory of homes for sale in Petoskey, MI between May and June 2025 increased by 33.3%. In June 2025 median list price was $489,000 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.