Explore the Best Petoskey, MI Condos for Sale This Year

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Petoskey, Michigan

Nestled along the breathtaking shores of Little Traverse Bay, Petoskey, Michigan, offers an unparalleled lifestyle for those seeking a perfect blend of small-town charm and upscale living. Known for its stunning sunsets, historic Gaslight District, and vibrant waterfront parks, Petoskey has become one of Northern Michigan's most desirable destinations for condominium living. Whether you're looking for a low-maintenance vacation property or a year-round residence, Petoskey's condominium communities provide a wide variety of options. 

Petoskey's condominiums cater to a variety of lifestyles, with properties ranging from luxury waterfront developments to charming in-town units within walking distance of the area's cultural attractions. Many communities offer desirable amenities such as private balconies, fitness centers, and secure parking, along with easy access to the Petoskey State Park, Little Traverse Wheelway, and nearby golf courses. 

Real Estate Statistics

Average Price	$2.2M
Lowest Price	$200K
Highest Price	$3.6M
Total Listings	61
Avg. Price/SQFT	$607

Property Types (active listings)

Browse Petoskey, MI Condominiums for Sale

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• $100,000 - $200,000
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• Over $1,000,000

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$3,550,000

3575 Charlevoix Avenue 3494 Aqua View Dr Unit A, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473911

$3,450,000

3575 Charlevoix Avenue 3476 Aqua View Dr Unit A, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473912

$3,450,000

3575 Charlevoix Avenue 3494 Aqua View Dr Unit C, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473917

$3,350,000

3575 Charlevoix Avenue 3448 Aqua View Dr Unit A, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473913

$3,350,000

3575 Charlevoix Avenue 3428 Aqua View Dr Unit A, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473914

$3,350,000

3575 Charlevoix Avenue 3406 Aqua View Dr Unit A, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473915

$3,350,000

3575 Charlevoix Avenue 3494 Aqua View Dr Unit B, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473916

$3,350,000

3575 Charlevoix Avenue 3476 Aqua View Dr Unit C, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473919

$3,350,000

3575 Charlevoix Avenue 3386 Aqua View Dr Unit A, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 474292

$3,250,000

3575 Charlevoix Avenue 3476 Aqua View Dr Unit B, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473918

$3,250,000

3575 Charlevoix Avenue 3448 Aqua View Dr Unit C, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473922

$3,250,000

3575 Charlevoix Avenue 3428 Aqua View Dr Unit C, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473924

$3,250,000

3575 Charlevoix Avenue 3406 Aqua View Dr Unit C, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473926

$3,250,000

3575 Charlevoix Avenue 3386 Aqua View Dr Unit C, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 474294

$3,150,000

3575 Charlevoix Avenue 3448 Aqua View Dr Unit B, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473921

$3,150,000

3575 Charlevoix Avenue 3428 Aqua View Dr Unit B, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473923

$3,150,000

3575 Charlevoix Avenue 3406 Aqua View Dr Unit B, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 473925

$3,150,000

3575 Charlevoix Avenue 3386 Aqua View Dr Unit B, Petoskey

5 Beds 5 Baths 5,586 SqFt Residential MLS® # 474293

$2,995,000

3575 Charlevoix Avenue 3443 Aqua View Dr Unit A, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473929

$2,945,000

3575 Charlevoix Avenue 3471 Aqua View Dr Unit C, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473928

$2,895,000

3575 Charlevoix Avenue 3471 Aqua View Dr Unit B, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473927

$2,895,000

3575 Charlevoix Avenue 3443 Aqua View Dr Unit B, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473930

$2,895,000

3575 Charlevoix Avenue 3419 Aqua View Dr Unit A, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473932

$2,895,000

3575 Charlevoix Avenue 3393 Aqua View Dr Unit A, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473936

$2,845,000

3575 Charlevoix Avenue 3443 Aqua View Dr Unit C, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473931

$2,845,000

3575 Charlevoix Avenue 3419 Aqua View Dr Unit C, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473935

$2,845,000

3575 Charlevoix Avenue 3393 Aqua View Dr Unit C, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473938

$2,795,000

3575 Charlevoix Avenue 3419 Aqua View Dr Unit B, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473934

$2,795,000

3575 Charlevoix Avenue 3393 Aqua View Dr Unit B, Petoskey

3 Beds 4 Baths 5,078 SqFt Residential MLS® # 473937

New

$2,459,000

Tbd Village Heights Court Unit 4, Bay Harbor

4 Beds 5 Baths 2,745 SqFt Residential MLS® # 476888

New

$2,459,000

Tbd Village Heights Court Unit 10, Bay Harbor

4 Beds 5 Baths 2,745 SqFt Residential MLS® # 476894

New

$2,399,000

Tbd Village Heights Court Unit 5, Bay Harbor

4 Beds 5 Baths 2,745 SqFt Residential MLS® # 476889

New

$2,399,000

Tbd Village Heights Court Unit 9, Bay Harbor

4 Beds 5 Baths 2,745 SqFt Residential MLS® # 476893

$2,300,000

Tbd Lakeview Drive Building B-3, Bay Harbor

4 Beds 4 Baths 3,000 SqFt Residential MLS® # 475771

New

$2,279,000

Tbd Village Heights Court Unit 2, Bay Harbor

4 Beds 5 Baths 2,611 SqFt Residential MLS® # 476886

New

$2,279,000

Tbd Village Heights Court Unit 8, Bay Harbor

4 Beds 5 Baths 2,611 SqFt Residential MLS® # 476892

New

$2,199,000

Tbd Village Heights Court Unit 3, Bay Harbor

4 Beds 5 Baths 2,611 SqFt Residential MLS® # 476887

New

$2,199,000

Tbd Village Heights Court Unit 7, Bay Harbor

4 Beds 5 Baths 2,611 SqFt Residential MLS® # 476891

$2,100,000

Tbd Lakeview Drive Building B-1, Bay Harbor

4 Beds 4 Baths 3,000 SqFt Residential MLS® # 475741

$2,100,000

422 E Mitchell, Petoskey

3 Beds 3 Baths 2,273 SqFt Residential MLS® # 476535

$2,000,000

Tbd Lakeview Drive Building B-2, Bay Harbor

4 Beds 4 Baths 3,000 SqFt Residential MLS® # 475766

New

$1,999,000

Tbd Cliffs Drive Unit 1, Bay Harbor

3 Beds 5 Baths 2,336 SqFt Residential MLS® # 476885

New

$1,999,000

Tbd Cliffs Drive Unit 6, Bay Harbor

3 Beds 5 Baths 2,336 SqFt Residential MLS® # 476890

$1,975,000

824 Vista Drive, Bay Harbor

3 Beds 4 Baths 2,053 SqFt Residential MLS® # 476687

$1,699,000

4104 Harborview Ridge, Bay Harbor

4 Beds 4 Baths 3,298 SqFt Residential MLS® # 476498

$1,595,000

4200 Main Street 1 And G-13, Bay Harbor

2 Beds 3 Baths 2,175 SqFt Residential MLS® # 475712

$1,375,000

4200 Main Street Unit 26, Bay Harbor

3 Beds 4 Baths 2,757 SqFt Residential MLS® # 474937

$1,190,000

6092 Quarry Ridge Drive, Bay Harbor

5 Beds 5 Baths 3,787 SqFt Residential MLS® # 476808

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Top 17 Stunning Petoskey, MI Condos for Sale in 2025

Discover the best Petoskey, MI condos for sale in 2025! Explore prime listings, real estate trends, top neighborhoods, and expert buying tips.

Introduction: Why Petoskey, MI is a Hidden Gem for Condo Buyers

Tucked away along the scenic shores of Lake Michigan’s Little Traverse Bay, Petoskey, MI offers more than postcard-worthy views. It's a town that blends charm, convenience, and community — a magnet for retirees, vacationers, and savvy property investors. With an ever-growing selection of beautiful condos, Petoskey provides a unique opportunity for those seeking a tranquil lifestyle with modern amenities.

Whether you're after a lakefront view, proximity to ski slopes, or a vibrant downtown lifestyle, Petoskey, MI condos for sale cover all the bases. The region has recently seen a boost in demand thanks to its year-round appeal and steady appreciation in property values. Let’s dive into the details of what makes this market tick and how you can find your perfect condo here in 2025.

Check out this video for a drone tour of Petoskey

Overview of the Petoskey Real Estate Market

Median Condo Prices in Petoskey

As of early 2025, the average price for a condo in Petoskey hovers around $350,000, with listings ranging from $200,000 for cozy units to over $1 million for luxury waterfront condos. Compared to metro areas, this pricing reflects value and exclusivity in a high-demand market.

Market Trends: 2024–2025 Forecast

Petoskey has seen a 6.8% year-over-year increase in condo prices due to limited inventory and heightened interest from out-of-state buyers. Local agents predict continued growth, especially in neighborhoods with walkable access to shops and beaches.

Factors Influencing Condo Demand

• Remote work trends bringing professionals to scenic, quieter towns.

• Retirees downsizing to lower-maintenance properties.

• Seasonal vacationers investing in second homes with rental potential.

Top Neighborhoods to Buy a Condo in Petoskey, MI

Downtown Petoskey

Living in the heart of the city means having the best boutiques, restaurants, and galleries right at your doorstep. Expect historic architecture, river views, and highly walkable streets.

Bay View Community

Bay View offers a serene, historical setting with Victorian-style homes, cultural programs, and a tight-knit community atmosphere. Ideal for those who value tradition and tranquility.

Harbor Springs Area

Just a few minutes from Petoskey, this upscale neighborhood includes stunning lakefront condos, luxury units, and access to premier golf courses and marinas.

There are a lot of condominium communities within Petoskey, Michigan and you can view all of them at the bottom of this page.  However, the following are our favorite Petoskey condominium communities:

Condominiums

Harbor Watch

Nestled along the pristine shores of Little Traverse Bay, Harbor Watch Condominiums offers an exclusive blend of luxury, com...

Condominiums

La Chaumiere

Tucked away in the heart of Northern Michigan’s most charming lakeside town, La Chaumiere Condominiums in Petoskey, MI...

Condominiums

Lakeside Club

Lakeside Club Condominiums is a premier residential community nestled along the shores of Round Lake in beautiful Petoskey, ...

Condominiums

Spring Lake Club

Tucked away in the scenic charm of Northern Michigan, Spring Lake Club Condominiums in Petoskey offer a tranquil, maintenanc...

Types of Condos Available in Petoskey

Waterfront Condos

Properties along Lake Michigan or Round Lake provide private beach access, boat slips, and unmatched sunset views. These are often the most in-demand and hold their value well.

Golf Course View Condos

Located near the Bay Harbor Golf Club and Crooked Tree Golf Club, these condos offer green, open vistas and resort-style living.

Luxury High-Rises vs. Affordable Units

Buyers can choose between high-end condominiums with elevators, gyms, and concierge services, or cozy two-bedroom flats perfect for seasonal getaways.

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Petoskey Lifestyle and Attractions

Outdoor Activities: Beaches, Trails, and Skiing

From summer kayaking on the bay to skiing at Boyne Mountain and Nub’s Nob, Petoskey is a four-season playground. The Little Traverse Wheelway offers scenic biking with a lakeside breeze.

Dining and Shopping in Petoskey

The Gaslight District is packed with unique shops, artisan markets, and renowned eateries. Whether it’s a craft coffee or gourmet dinner, the town has flavor in spades.

Cultural Events and Art Scene

Petoskey boasts a vibrant arts scene, including live theater, summer concerts in the park, and galleries featuring local artists. Festivals like the Petoskey Film Series are local favorites.

Petoskey Condo Buying Guide

First-Time Buyer Tips

• Get pre-approved before touring.

• Work with a local real estate agent who understands the seasonal shifts.

• Factor in HOA fees and amenities when budgeting.

Ready to Find Your Dream Condo in Petoskey, MI?

Whether you're looking for a peaceful retreat or a smart investment, Petoskey has something for everyone. Don’t navigate the market alone—connect with trusted local experts today.

Browse exclusive listings and get expert advice at BrookWalsh.com
Explore luxury vacation and condo rentals with Northern Michigan Escapes

Take the next step toward lakeside living—your ideal condo in Petoskey awaits!

Financing Options and Mortgage Advice

Many buyers choose 15- or 30-year fixed loans. Lenders also offer vacation home financing packages. Interest rates in 2025 remain competitive, but acting quickly is key in a fast-paced market.

Current Listings: Featured Petoskey, MI Condos for Sale

Spotlight on New Listings

• Bay Harbor Lakeside Condos – Starting at $620,000

• Harbor View Lofts – 2-bed units from $315,000

• The Bluffs at Bay View – Premier units with panoramic views

Best-Value Units on the Market

Look for renovated units in older complexes or seasonal sales that offer lower prices during winter months.

Investment-Worthy Opportunities

Condos near ski resorts and beaches have great rental potential. Consider listings that allow short-term rentals with on-site management.

HOA Fees and What They Cover

Typical condo HOA fees range from $200 to $600/month. These usually cover:

• Lawn care and snow removal

• Exterior maintenance

• Trash services

• Some utilities (like water or cable)

• Community amenities (pools, gyms, clubhouses)

Understanding what’s included is crucial to calculating your long-term expenses.

Pros and Cons of Condo Living in Petoskey

Pros:

• Low maintenance

• Walkable locations

• Built-in community

Cons:

• HOA restrictions

• Limited private outdoor space

• Less flexibility with renovations

Renting vs. Buying: What Makes More Sense?

If you're unsure about settling long-term, renting first might be wise. However, with property values steadily rising, buying offers equity growth and potential rental income when not in use.

How to Schedule a Showing or Tour a Condo in Petoskey

Most realtors offer virtual and in-person tours. Schedule ahead during the summer months, as properties move quickly. Weekday mornings are ideal for private, unrushed viewings.

Frequently Asked Questions (FAQs)

1. Are there any pet-friendly condos in Petoskey, MI?
A. Yes, many complexes are pet-friendly, especially those in Bay View and near outdoor parks.

2. Can I use my Petoskey condo as a vacation rental?
A. Some buildings allow short-term rentals. Always check HOA policies and city regulations.

3. What’s the average property tax for condos in Petoskey?
A. Expect annual property taxes between 1.4% to 1.8% of the assessed value.

4. Are waterfront condos more expensive in Petoskey?
A. Generally, yes. Waterfront units can be 25–50% higher than inland condos due to location and views.

5. How competitive is the condo market in Petoskey?
A. The market is moderately competitive, especially in spring and summer. Cash offers and quick closings are common.

6. What are the best months to buy a condo in Petoskey?
A. Winter often offers better prices and less competition, while summer has the widest selection.

Conclusion: Making the Move to Petoskey, MI

If you're dreaming of life by the water, surrounded by charm, culture, and nature, there’s no better place to start looking than Petoskey, MI condos for sale. With its blend of scenic beauty, thriving community, and real estate potential, Petoskey is more than a destination — it’s a place to call home.

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.