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Vacant Lot in Traverse Heights
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1275 Lone Oak, Petoskey, MI 49770

Land, Petoskey, MI

Property SizeContact for details
Lot Size0.60 Acres
Days on Market113

Property Features for 1275 Lone Oak

General Information

Property type Land
Property subtype Other
Subdivision Traverse Heights
Elementary school district Petoskey
Middle school district Petoskey
High school district Petoskey
Directions US 31 to Pickerel Lake Rd 1/4 Mile to Bayview Heights, left to Traverse Heights to first road.
Standard status Active
APN 01-16-34-225-108
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description TRAVERSE HEIGHTS CONDOMINIUM, UNIT 8. NOTE CONDOMINIUM PLAN #103, L488 P704-734. SECTION 34, T35N, R5W.
HOA Fee $2,000 Annually
Legal Description TRAVERSE HEIGHTS CONDOMINIUM, UNIT 8. NOTE CONDOMINIUM PLAN #103, L488 P704-734. SECTION 34, T35N, R5W.
Listing Agency: Real Broker LLC - Petoskey
Listed By: Geno D'Angelo
Added: May 4 Changed: Aug 20 Last Checked: Aug 24 at 11:06AM
MLS# 201839874

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in the Traverse Heights neighborhood, this vacant lot offers an opportunity for residential construction. The property, approximately 0.6 acres, is situated minutes from downtown Petoskey. It is surrounded by residential properties in a peaceful setting, combining privacy and convenience. A small creek runs along the property line, adding a natural element to the setting. The location provides access to shopping, dining, schools, golf, and Lake Michigan, while maintaining a quiet residential environment.

Key Highlights

  • Build your dream home in the desirable Traverse Heights neighborhood.
  • Spacious half‑acre parcel offers privacy and Northern Michigan charm.
  • Minutes from downtown Petoskey, shopping, dining, schools, golf, and Lake Michigan.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Nail Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 49770, MI

17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Half-acre lot near downtown Petoskey with creek.
Where is this land located?
The property is located at 1275 Lone Oak Petoskey, MI.
What are key features of this property?
This property features: Build your dream home in the desirable Traverse Heights neighborhood.; Spacious half‑acre parcel offers privacy and Northern Michigan charm.; Minutes from downtown Petoskey, shopping, dining, schools, golf, and Lake Michigan.
More about this property
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