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Waterfront Residential Building Lot
For Sale
$1,150,000

7505 Channel Road, Petoskey, MI 48770

Cleared 1.5-acre waterfront lot with 250 feet of shoreline in a protected cove, plus approved septic easement.

Property SizeContact for details
Lot Size1.50 Acres
Days on Market44

Property Features for 7505 Channel Road

General Information

Standard status Active
Lot size 1.50 Acres
Property subtype Lot
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate
Listed By: Gill Whitman
Source: Patobrien
Added: Jun 30 Changed: Aug 8 Last Checked: Jul 20 at 4:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Michigan Real Estate

Investment Insights

Based on property information with market context.

This cleared waterfront parcel offers approximately 250 feet of shoreline on Crooked Lake, within a private, protected cove. The property is described as park-like and includes a generous building envelope for a primary residence, with ample room for an outbuilding. A sandy lake bottom is noted, supporting swimming and boating, along with lake views.

Located on Channel Road just minutes from Petoskey, the site is positioned for enjoyment of Crooked Lake and Oden Island views. The property is part of Michigan’s Inland Waterway, providing access to a chain of inland lakes extending to Lake Huron.

EGLE approval is referenced, and a septic easement is already in place, allowing the site to be ready for development.

Key Highlights

  • 1.5‑acre cleared waterfront lot on Crooked Lake with 250 ft of shoreline in a protected cove
  • Sandy lake bottom for swimming and boating
  • Septic easement already in place; EGLE approval noted

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Accounting Firm Law Firm Spa & Massage Center Wine and Liquor 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

9
Businesses Nearby

Demographics for 48770, MI

1,848
Population
1,016
Households
1.8
Avg Household Size
49
Median Age
9%
College-Educated
87%
High-School Grad
69.2 sq mi
ZIP Area
27
Density / Sq Mi
$51,576
Median Household Income
$35,344
Median Earnings
$665
Median Rent
$101,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Cleared 1.5-acre waterfront lot with 250 feet of shoreline in a protected cove, plus approved septic easement.
Where is this waterfront land located?
The property is located at 7505 Channel Road Petoskey, MI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 1.5‑acre cleared waterfront lot on Crooked Lake with 250 ft of shoreline in a protected cove; Sandy lake bottom for swimming and boating; Septic easement already in place; EGLE approval noted
More about this property
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