Property Details

6243 Lake Grove Road, Petoskey

Listing Details

Charming Walloon Peninsula Fixer-Upper with Protected Privacy & Seasonal Lake Views! 3 BR / 2 BA | 1,355 SQ FT | Two-Story | 2-Car Detached Garage Nestled into the serene hillside of a rolling and heavily wooded lot on the coveted southern point of the Walloon Peninsula, this two-story home offers an unparalleled opportunity to create your dream Northern Michigan retreat. Located directly across the street from Walloon Lake, you'll enjoy a private, tree-lined sanctuary that opens up to beautiful seasonal lake views as the autumn and winter months roll in. Privacy here is unmatched—your rolling, heavily forested property directly abuts 260 pristine acres of Resort Township and protected conservancy land, ensuring your majestic wooded backdrop remains beautifully wild, private, and permanently untouched. The home itself boasts excellent, solid bones and a fantastic structural layout, providing the perfect canvas for a custom renovation. Inside, you'll find 1,355 square feet of living space featuring 3 bedrooms and 2 bathrooms, complemented by a spacious 2-car detached garage with plenty of room for your boat, water toys, and storage. The property requires extensive updating and restoration throughout, making it an ideal investment project or an incredible opportunity to build significant equity in a highly desirable, premium neighborhood. Due to the extent of updates required, this property will not qualify for conventional financing. Sold strictly as-is. Cash or portfolio loans only. Don't miss out on the rare chance to own a piece of the Walloon Peninsula, backed by hundreds of acres of protected nature, at an incredibly accessible price point. Schedule your showing today and unlock this property's true potential!

Request More Information

6243 Lake Grove Road
Petoskey MI, 49770

$659,000

  • Bedrooms 3
  • Bathrooms 2 (2/ 0H)
  • Square Ft 1,355
  • Acres 2.00
  • School District Petoskey
  • County Emmet
  • Water View Yes
  • Waterfront No
  • Type Residential
  • Zoning RT / RT RR
  • Garage Detatched
  • Garage Capacity Two
  • Water Well
  • roof Asphalt Shingle
  • water heater Electric
  • sewer Septic
  • heat Wood, Electric Baseboard
  • Features Cable, Deck, Dishwasher, Dryer, Range, Refrigerator, Washer, Borders State Land, Paved Road
  • Construction Wood Frame/ Site Built, Two Story +
  • Basement Crawl
  • Listing Courtesy of Coldwell Banker Schmidt - Petoskey

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of Northern Michigan MLS (NM-MLSX). Real estate listings held by brokerage firms other then the site owner are marked with NM-MLSX log and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the site owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc. © All rights reserved.