The Meadows Condominiums for Sale in Petoskey, MI | Discover 15 Reasons to Invest

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The Meadows

The Meadows Condominiums offer an exceptional living experience in the heart of Petoskey, MI. This peaceful and well-maintained community is surrounded by natural beauty, including scenic parks, walking trails, and easy access to Lake Michigan. Residents enjoy a tranquil atmosphere combined with modern amenities such as a clubhouse, fitness center, and meticulously landscaped grounds.

Whether you’re looking for a full-time residence or a weekend retreat, The Meadows provides a perfect blend of comfort, convenience, and community spirit. With its prime location, you’re just minutes away from downtown Petoskey, shopping, dining, and cultural attractions, making it the ideal place to call home in Northern Michigan.

Real Estate Statistics

Average Price	$368K
Lowest Price	$300K
Highest Price	$399K
Total Listings	4
Avg. Days On Market	25
Avg. Price/SQFT	$247

Property Types (active listings)

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• $200,000 - $300,000
• $300,000 - $400,000

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New

$399,000

371 Sw Grouse Drive, Kalkaska

3 Beds 2 Baths 1,512 SqFt Residential MLS® # 1939260

$390,000

1547 Castle Drive, Petoskey

2 Beds 2 Baths 1,250 SqFt Residential MLS® # 477895

New

$384,900

333 Kratky Drive, Traverse City

3 Beds 1.5 Baths 1,328 SqFt Residential MLS® # 1939299

$299,900

↓ $10,000

5376 S 45 1/2 Road, Cadillac

3 Beds 2 Baths 2,450 SqFt Residential MLS® # 1937388

The Meadows Condominiums for Sale | Petoskey, MI – Top 15 Reasons to Buy Now

The Meadows Condominiums for Sale in Petoskey, MI offer luxury, comfort, and location. Discover 15 compelling reasons to make your move today.

Introduction to The Meadows Condominiums

Welcome to The Meadows Condominiums—Petoskey’s charming residential retreat nestled in the heart of Northern Michigan.

Whether you’re seeking a peaceful year-round home, a weekend getaway, or a smart real estate investment, The Meadows checks every box. With attractive pricing, modern features, and proximity to Lake Michigan, these condos represent a golden opportunity.

Located just minutes from downtown Petoskey, this community offers a serene blend of nature and neighborhood. Buyers are drawn in by the sense of calm, while investors appreciate the area's rental potential. Let’s dive into the details.

Location Overview: Living in Petoskey, MI

Why Petoskey is Northern Michigan’s Hidden Gem

Perched on the shore of Little Traverse Bay, Petoskey is the kind of place that feels like a well-kept secret. With walkable downtown streets, award-winning schools, and year-round festivals, it’s the perfect blend of small-town charm and big-league lifestyle.

Proximity to Lake Michigan, Bay Harbor, and Downtown

The Meadows is ideally positioned just a short drive from:

• Downtown Petoskey’s boutiques and eateries

• The Bayfront Park and Marina

• Bay Harbor Golf Club

• Bear River Valley Recreation Area

It’s easy to enjoy the best of Northern Michigan right from your doorstep.

The Meadows Condominium Community Highlights

Property Types and Floorplans Available

The Meadows offers a mix of:

• Two-bedroom condos with 1.5 to 2 baths

• Spacious three-bedroom units perfect for families

• Ranch-style floorplans for single-level living

Square footage ranges from 1,200 to 1,800+ sq ft, giving you room to breathe and grow.

Common Architectural Styles and Interior Features

These condos often feature:

• Vaulted ceilings

• Gas fireplaces

• Attached garages

• Updated kitchens with granite counters

• Private patios or decks

The timeless yet modern styling makes each unit feel like home the moment you walk in.

Year Built, Builder Information & HOA Structure

Most units were built in the early 2000s and have been well-maintained under a proactive HOA. Monthly dues typically cover snow removal, lawn care, and exterior maintenance—perfect for those looking to simplify life.

On-Site Amenities That Elevate Your Lifestyle

Clubhouse, Fitness Center, and Community Spaces

Residents can take advantage of:

• A private clubhouse for gatherings

• Small fitness center for daily workouts

• Walking paths for a peaceful stroll

Maintenance Services and Groundskeeping

Let someone else handle the work. HOA-managed services include:

• Snow plowing

• Landscaping

• Exterior painting and roof maintenance

This is low-maintenance living at its finest.

Outdoor Recreation & Nearby Attractions

Parks, Trails, and Waterfront Access

Nearby outdoor escapes include:

• Petoskey State Park

• Bear River Trail System

• Little Traverse Wheelway

Top Things To Do Within 10 Miles

You’re also within reach of:

• Wine tasting at Petoskey Farms Vineyard

• Boating on Little Traverse Bay

• Skiing at Nubs Nob or Boyne Highlands

• Exploring historic Bay View community

Market Trends & Current Home Prices

Average Price per Sq Ft in The Meadows

As of mid-2025, prices range from $220–$290 per square foot, depending on condition and upgrades.

Inventory Trends and Days on Market

Inventory is low—The Meadows is in demand. On average, units spend under 30 days on the market.

How The Meadows Compares to Other Petoskey Condos

Compared to neighboring communities:

• More modern than Tannery Creek

• More affordable than Harborage

• More private than in-town condos

Investment Potential and ROI Insights

Vacation Rentals & Long-Term Rental Demand

While The Meadows restricts short-term rentals, long-term leases (6+ months) are permitted. Demand remains high due to:

• Proximity to college campuses

• Seasonal employment in tourism and healthcare

• Year-round appeal of Petoskey

Appreciation Rates in Petoskey Real Estate

Petoskey has consistently outpaced state averages, with 5–7% annual appreciation over the past five years.

Homeowner Testimonials and Resident Stories

What Locals Love Most About Living Here

"We love how peaceful it is. It feels like you're in the woods, but you're just minutes from everything." – Karen S., homeowner

Recent Reviews and Word-of-Mouth Feedback

Residents frequently mention:

• Friendly neighbors

• Well-kept grounds

• Smooth HOA operations

• Easy access to downtown Petoskey

Buying Process at The Meadows

How to Schedule a Tour or Virtual Showing

You can schedule an in-person or virtual tour with Brook Walsh . We offer high-resolution video walkthroughs for out-of-town buyers.

Tips for Working with BrookWalsh.com

• Get pre-approved before your showing

• Review HOA documents in advance

• Ask about recent sales comparables

Financing Options & Budgeting Tips

Mortgage Pre-Approval and Local Lenders

We recommend working with Northern Michigan-based lenders familiar with The Meadows:

• Honor Bank

• Chemical Bank

• Bay View Lending

HOA Fees and Cost of Living Estimates

Expect monthly HOA dues in the range of $250–$350, depending on unit size and amenities. Utilities are relatively affordable compared to downstate Michigan.

Nearby Schools and Education Resources

Petoskey Public Schools Performance

Petoskey schools are among the highest ranked in Northern Michigan, with strong test scores and athletic programs.

Private & Charter School Options

You also have access to:

• St. Francis Xavier School

• Concord Academy Petoskey

• North Central Michigan College

Healthcare and Daily Conveniences

Closest Hospitals and Pharmacies

• McLaren Northern Michigan hospital

• CVS and Walgreens nearby

• Multiple urgent care centers within 5 miles

Grocery Stores, Fitness, and Dining

• Meijer and Walmart within 10 minutes

• Petoskey Brewing Co. and Palette Bistro for local eats

• Fitness options like Planet Fitness and CrossFit Petoskey

Safety and Community Vibes

Crime Rates and Emergency Services

Petoskey ranks as one of the safest towns in Michigan, and the local police/fire departments are highly responsive.

Community Engagement and Events

From summer festivals to holiday markets, Petoskey offers something for everyone year-round.

Sustainability and Green Features

Energy-Efficient Construction Options

Many units feature:

• Energy Star-rated appliances

• High-efficiency furnaces

• Double-pane windows

Community Recycling and Eco Programs

Recycling bins and composting initiatives are supported by the HOA.

The Meadows HOA Rules and Regulations

Pet Policies, Rental Rules, and Bylaws

• Pets allowed (some restrictions apply)

• Long-term rentals only

• Quiet hours from 10 PM to 7 AM

Parking, Noise, and Exterior Maintenance Rules

• Assigned parking for each unit

• No exterior structural changes without approval

• Snow removal by HOA during winter

Seasonal Living: Is This a Year-Round Option?

Winter Preparedness and Summer Amenities

Yes—The Meadows is built for year-round living, with insulated units, snow plowing services, and summer landscaping.

Expert Advice for First-Time Buyers in Petoskey

If this is your first time buying in Northern Michigan:

• Visit in all four seasons

• Research property taxes and heating costs

• Talk to current residents

Pros and Cons of Living in a Condo Community

Pros:

• Low maintenance

• Built-in amenities

• Community feel

Cons:

• Monthly HOA fees

• Less flexibility with exterior changes

Nearby Condominium Communities Worth Comparing

Bay View Condos

Historic charm with seasonal residency requirements.

Tannery Creek Condos

Riverfront access but older buildings.

Harborage Condos

Luxury waterfront units at a higher price point.

Frequently Asked Questions

Q1: Are short-term rentals allowed at The Meadows?
A: No, short-term rentals under 6 months are prohibited.

Q2: Is The Meadows pet-friendly?
A: Yes, with some breed and size restrictions.

Q3: What are typical monthly HOA fees?
A: $250–$350 depending on the unit.

Q4: How far is downtown Petoskey from The Meadows?
A: About 5 minutes by car.

Q5: Can I finance my purchase through a local lender?
A: Absolutely. Local lenders are familiar with the community.

Q6: Is there snow removal in the winter?
A: Yes, it's included in your HOA dues.

Conclusion – Why The Meadows Should Be on Your Radar

The Meadows Condominiums offer the best of Petoskey living—affordability, location, comfort, and lifestyle perks. Whether you’re downsizing, investing, or planting roots in Northern Michigan, this community is a solid bet.

Contact Brook Walsh for Personalized Help

If you're ready to take the next step, contact Brook Walsh at BrookWalsh.com. As Northern Michigan’s trusted real estate expert, Brook will help you find the perfect fit.