A great opportunity to purchase an improved 1-acre lot in Petoskey's sought after Oakridge Farms neighborhood, only a couple of miles south of Petoskey. Skip the line so to speak, you'll have a jump on everyone else when it comes to building! This corner lot, with many permits in place, will be sold with a brand new 5" well, 1000 gallon septic tank, and a drain field set up for a 3 bedroom home, site will be prepped for a 30' x 50' foundation area, a spot for an attached 24' x 24' garage, prepped for a walkout basement, includes fill dirt, and a completed gravel driveway, plus the seller is providing a $5,000 allowance for backfilling the foundation. * Property is also being sold with the option for a complete build as well, see MLS # 471149 for those details.
Property Details
Property Features
Listing Office:
Office Name: Real Estate One
Listing Agent: Matt Hausler
Lot Features
Lot Information:
Lot: Gentle Sloping, Level, Open Lot
Lot Size: 1.00 Acres
Other
Directions Information:
Directions: From US 31 and US 131 Drive south approximately 3 miles, turn right on Williams Road, turn right on Cemetry Road and another right on Penny Lane. Look for sign.
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Sheridan School
1415 Howard St
Distance between this listing and this school2.59 miles
Public Magnet Grades KG-5
9
/10
Lincoln School
616 Connable Ave
Distance between this listing and this school3.03 miles
Public Magnet Grades KG-5
6
/10
Ottawa Elementary School
871 Kalamazoo Ave
Distance between this listing and this school3.21 miles
Public Magnet Grades KG-5
Nearby Schools
7
/10
Petoskey Middle School
801 Northmen Dr
Distance between this listing and this school3.54 miles
Public Magnet Grades 6-8
6
/10
Harbor Springs Middle School
800 S State Rd
Distance between this listing and this school7.56 miles
Public District Grades 6-8
6
/10
Boyne City Middle School
1025 Boyne Ave
Distance between this listing and this school8.33 miles
Public District Grades 5-8
Nearby Schools
8
/10
Petoskey High School
1500 Hill St
Distance between this listing and this school3.54 miles
Public Magnet Grades 9-12
6
/10
Concord Academy-Petoskey
2468 Atkins Rd
Distance between this listing and this school3.62 miles
Public Charter Grades KG-12
6
/10
Harbor Springs High School
327 E Bluff Dr
Distance between this listing and this school7.26 miles
The neighbors living near this home have an average income of $79,897. The most common annual income of people living in Petoskey, MI is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1679 Penny Ln
What is the listing price of this property?
The listing price of 1679 Penny Ln property is $125,000.
What type of property is this?
The property 1679 Penny Ln is land located in Petoskey, Michigan, 49770.
Is this property for sale now?
Active Listing: 1679 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1679 Penny Ln in Petoskey, MI and zip code 49770. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $125,000.
Petoskey, MI housing market in October 2024 saw over 5 listings sold above listed price, more than 4 sold at listed price and over 15 sold below. The inventory of homes for sale in Petoskey, MI between September 2024 and October 2024 increased by 5%. The median list price of listings available in October 2024 was $447,250, while the average time on the real estate market was 37 days.
From Rocket Homes Real Estate and based on county public records data.