Discover Penn House Condos in Harbor Springs, MI – Live Steps from Downtown

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Penn House

Nestled in the heart of Harbor Springs, Penn House Condominiums offer a rare opportunity to experience small-town charm with sophisticated living. This well-maintained community sits just steps from the waterfront and vibrant downtown, giving residents easy access to boutique shopping, award-winning dining, art galleries, and the marina.

The architecture blends timeless Northern Michigan character with thoughtful modern touches. Many units offer spacious layouts, cozy fireplaces, updated kitchens, and private balconies—some with peeks of the bay or garden views. The peaceful grounds are beautifully landscaped and maintained by a responsive HOA, ensuring a low-maintenance lifestyle.

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Penn House Condominiums

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Penn House Condominiums for Sale | Harbor Springs, MI – 15 Irresistible Reasons to Invest Today

Introduction to Penn House Condominiums

If you’re dreaming of a charming lakeside retreat that blends timeless elegance with modern comfort, Penn House Condominiums in Harbor Springs, MI may be your perfect match. Situated in one of Northern Michigan’s most sought-after towns, these condos offer a rare combination of location, luxury, and lifestyle. Whether you're searching for a second home, investment property, or your next permanent residence, Penn House delivers.

This guide breaks down everything you need to know—from property details and community amenities to lifestyle perks, local market trends, and insider tips. Let’s dive into what makes Penn House a standout in Harbor Springs real estate.

Location Overview: Harbor Springs, Michigan

The Charm of Harbor Springs

Nestled along the Little Traverse Bay, Harbor Springs is a postcard-perfect town known for its boutique shopping, gourmet restaurants, art galleries, and warm small-town hospitality. Its scenic shoreline, historic charm, and cultural offerings create an ideal setting for tranquil living.

Nearby Attractions and Landmarks

• Tunnel of Trees: A famous scenic drive in fall

• Boyne Highlands Resort: Skiing, golfing, and zip-lining

• Petoskey State Park: Beaches, dunes, and trails

• Little Traverse Wheelway: 26 miles of biking paradise

You’re never far from adventure when you live at Penn House.

Property Overview of Penn House Condos

Architectural Style and Layout

Penn House Condominiums boast classic Northern Michigan architecture with a coastal flair—featuring clapboard siding, charming balconies, and oversized windows that maximize lake and garden views.

Square Footage and Unit Sizes

The units range in size from cozy one-bedroom layouts to spacious three-bedroom residences—ideal for singles, couples, and families alike.

Interior Features and Finishes

• Open-concept floor plans

• Hardwood floors and premium carpeting

• Fireplaces for cozy winter nights

• Stainless steel appliances and granite countertops

• In-unit laundry and ample storage

Outdoor Spaces and Views

Private balconies and patios overlook lush gardens, harbor views, or the lively downtown. It’s the perfect spot to sip your morning coffee or unwind with a glass of wine at sunset.

Community Amenities at Penn House

On-Site Facilities and Services

• Secure entry with private access

• Covered parking and guest spaces

• Outdoor gathering patio with grills

• Community lounge area

• Private docks or lake access (in select units)

Maintenance and HOA Inclusions

The homeowners' association (HOA) covers:

• Lawn care and snow removal

• Exterior maintenance

• Water, sewer, and trash

• Building insurance

• Common area cleaning

Enjoy a truly maintenance-free lifestyle so you can focus on what matters most—relaxing and exploring.

Lifestyle Benefits of Living in Penn House

Walkability and Access to Dining/Shopping

With downtown Harbor Springs just a short stroll away, you’ll love the convenience of local coffee shops, fine dining, boutique stores, and the marina—all within walking distance.

Safety, Tranquility, and Community Feel

Penn House is ideal for those craving peace of mind and a strong community atmosphere. It’s a place where neighbors greet one another, and the pace of life is a little slower—but always vibrant.

Real Estate Market Trends in Harbor Springs

Current Prices for Penn House Units

Prices typically range from:

• $350,000 – $450,000 for one-bedroom units

• $500,000 – $700,000 for larger, upgraded units

ROI and Appreciation Potential

Harbor Springs is a high-demand vacation and second-home market. Over the past five years, property values have steadily increased, with Penn House condos appreciating at a healthy pace thanks to their central location and rare availability.

Sales History and Comparables

Compared to other condominium developments like Trout Creek or Harbor Cove, Penn House stands out for its downtown access and historical charm. Units here tend to sell quickly and at a premium.

Who Should Consider Buying Here?

Retirees

Downsize without compromise—enjoy one-level living, low maintenance, and proximity to healthcare and social events.

Vacation Home Buyers

With easy rental potential and year-round appeal, Penn House is an excellent second-home option for those who want a weekend escape or summer sanctuary.

Investment Property Seekers

Short-term rentals are highly sought-after here. With a solid cap rate and low vacancy, you’re looking at a smart, low-risk investment.

Buying Process for Penn House Condominiums

Financing Options and Pre-Approvals

Mortgage lenders familiar with resort-area properties can help you secure:

• Conventional loans

• Second-home financing

• Investment property loans

Working with a Local Real Estate Expert

Having a seasoned broker—like those at BrookWalsh.com—gives you a significant edge in this competitive market.

Pros and Cons of Penn House Condos

Pros List

• Unbeatable Location: Walk to downtown Harbor Springs, beaches, and marinas

• Low Maintenance: HOA handles exterior work and upkeep

• Rental Income Potential: Short-term and long-term rental opportunities available

• Community Atmosphere: Quiet, respectful neighbors and well-managed grounds

• Views: Water, town, and garden views depending on unit location

• Turnkey Units: Many condos are move-in ready, often sold furnished

Cons List

• Limited Inventory: Units are rarely on the market and sell quickly

• HOA Restrictions: May limit certain upgrades or modifications

• Higher Price Point: Premium location means premium pricing

• Seasonal Tourism: Summers can be bustling—great for rental income, but less private

• Pet Restrictions: Not all units or buildings are pet-friendly

Pet and Rental Policies

Pet Rules

Penn House has a friendly, yet regulated approach to pets:

• Most units allow one small dog or cat

• Breed and weight restrictions may apply

• Leash laws are strictly enforced on common grounds

• Pet waste must be cleaned up immediately

If you're a pet owner, be sure to confirm your unit's specific policy before making an offer.

Short-Term vs Long-Term Rental Options

• Short-Term Rentals (STRs): Typically allowed with HOA approval; perfect for vacation investors

• Long-Term Leases: Ideal for snowbirds, retirees, or seasonal workers

• HOA Permit Requirements: Rentals must meet local ordinance and HOA rules

Investors love the balance here—rent it out when you’re not using it and enjoy it when you are.

Year-Round Activities Near Penn House

Living at Penn House means you’re surrounded by Northern Michigan magic no matter the season.

Summer Adventures

• Boating and Sailing on Little Traverse Bay

• Kayaking the nearby inland waterway

• Art Fairs, Concerts, and Farmers Markets in downtown Harbor Springs

• Golfing at top-rated courses like Boyne Highlands and Little Traverse Bay Golf Club

Winter Sports and Skiing

• Boyne Highlands and Nub’s Nob are minutes away for world-class skiing and snowboarding

• Snowshoe and cross-country trails right outside your door

• Cozy up by the fire after a day of snowy fun

Spring and Fall Escapes

• Tunnel of Trees Scenic Drive in full bloom or fiery autumn colors

• Winery tours in nearby Petoskey and Walloon Lake

• Hiking and biking on extensive trail systems

Every season brings its own flavor—and you'll have a front-row seat to it all.

Transportation and Accessibility

Getting to Harbor Springs

• By Car: Easy access via US-131 and M-119

• By Air: Pellston Regional Airport is just 20 minutes away

• By Ferry: Short drive to Mackinac Island ferry docks

Local Commute and Parking

• Walkable community—most errands can be done without a car

• Covered and guest parking included with many units

• Bike-friendly roads and trails throughout town

Convenient access without the noise of a big city—it’s the best of both worlds.

Testimonials from Current and Former Residents

“I never imagined living somewhere so peaceful yet full of things to do. Penn House gave me the retirement dream I never knew I needed.”
– Diane L., Full-time Resident

“We use our condo as a summer home and rent it in the winter. It practically pays for itself, and we love walking downtown for dinner.”
– Mike & Linda K., Seasonal Owners

“Brook and the team made our purchase seamless. We love the views, the neighbors, and the walkability. Worth every penny.”
– Nate B., Recent Buyer

Comparison with Other Condo Developments in Harbor Springs

Penn House outshines in walkability, community charm, and resale value—making it a top-tier choice.

Expert Tips for Buyers Considering Penn House

• Act Fast: Units sell quickly due to low inventory

• Work with Local Agents: BrookWalsh.com specializes in Harbor Springs properties

• Get Pre-Approved: Many sellers prefer qualified buyers

• Inspect for Upgrades: Some units are fully renovated, others may need updating

• Consider Furnished Options: Many come turnkey—ideal for second homes or STRs

Visual Tour and Photo Gallery

Note: Visual tour and gallery available on BrookWalsh.com

Expect:

• Bright interiors with lake views

• Spacious balconies for entertaining

• Sleek kitchens and luxury finishes

Property Highlights

Address: Near Bay Street & State Road, Harbor Springs, MI
Highlights:

• Steps from Marina and beaches

• Near parks, trails, and boutiques

• Quiet location with city perks

Use tools on BrookWalsh.com to view satellite maps, pricing history, and nearby listings.

FAQs About Penn House Condominiums

1. Are Penn House units pet-friendly?

A. Yes, most units allow small pets, though specific breed and weight restrictions apply. Always confirm with the HOA before buying.

2. Can I use my condo as a vacation rental?

A. Absolutely. Both short- and long-term rentals are typically allowed, making it ideal for investors.

3. Is Penn House within walking distance of downtown Harbor Springs?

A. Yes! It’s just a few blocks from restaurants, shops, and the marina—no car needed.

4. What’s included in the HOA fees?

A. HOA fees generally include exterior maintenance, landscaping, snow removal, water/sewer, trash, and common area upkeep.

5. How competitive is the real estate market at Penn House?

A. Very. Listings are rare, and demand is high due to the location, amenities, and community feel.

6. Is financing available for Penn House condos?

A. Yes. Local lenders familiar with resort-area properties offer competitive terms for both primary residences and second homes.

Conclusion: Why Penn House is a Top Pick

Whether you're looking to retire in style, invest wisely, or secure your dream getaway, Penn House Condominiums in Harbor Springs check all the boxes. From their unbeatable location to charming architecture, strong rental potential, and walkable lifestyle, these homes offer a golden opportunity in Northern Michigan’s luxury market.

Act fast—because when Penn House units hit the market, they don’t last long.

Contact BrookWalsh.com for Expert Guidance

Want to tour available units or get on the early interest list?
Visit: Brook Walsh
Call: (231) 459-3179
Email: brook@nmescapes.com

Explore homes in the condominium lifestyle communities below or contact Brook Walsh to help with your search. You can also reach Brook by phone at (231) 459-3179 for all of your Northern Michigan real estate needs.