7554 Preserve Drive N
Petoskey, MI, 49770 $ 329,000
Baths0.0 Monthly Estimate*
$ 2,077
Studio for $329,000. The lot size is 1.6.
Welcome to 7554 Preserve Drive N. A beautiful wooded homesite located in The Preserve at Bay Harbor, one of Northern Michigan's most desirable resort communities. Surrounded by the natural beauty of mature up north trees and offering views of the sparkling blue waters of Lake Michigan. This exceptional property provides a wonderful setting to create the custom home or vacation retreat you have always envisioned. Imagine designing a home that takes full advantage of the Lake Michigan water views, expansive windows, outdoor living spaces, and a spacious deck could showcase the changing colors of the sky, trees and incredible natural surroundings. The wooded setting creates a peaceful Northern Michigan atmosphere, offering the opportunity to incorporate existing trees and landscape into your home design. Whether you envision a year-round residence, a seasonal getaway, or elegant vacation home. This Homeside offers you the opportunity to enjoy the distinctive Bay Harbor lifestyle. Spend your days surrounded by some of Northern Michigan's most beautiful scenery, with opportunities for golf, biking, walking, boating, and outdoor recreation close at hand. Bay Harbor is known for its spectacular setting along the shores of Little Traverse Bay and Lake Michigan, combining natural beauty with exceptional resort-community atmosphere. Just minutes away, Bay Harbor Village offers convenient access to dining, shopping, the marina, and seasonal activities. A short drive brings you to downtown Petoskey, where charming streets are filled with locally owned boutiques, restaurants, cafes, galleries, specialty shops, and the character of one of Michigan's favorite waterfront towns. From summer days on Lake Michigan and evenings watching unforgettable sunsets to colorful fall scenery and peaceful winter weekends with options for skiing, snowboarding and snowmobiling. This location offers something special throughout every season.
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FeaturesGeneralSewer SepticNeeded
Possession AtClose
HOA Fee 5211.0
Garage Spaces 0.0
Property Subtype ImprovedLand
Current Use Other
Waterfront Features BeachAccess
Assoc Fee Paid Per Annually
County Emmet
New Construction N
Property Type Land
HOA Y
Attached Garage N
Subdivision Name PRESERVE CONDO
Garage Y/N N
Status Active
Directions US-31 South from Petoskey. Turn right onto Preserve Drive at entrance gate. Continue to first left follow past to curve to property on left.
City PetoskeyCity_Emmet
Body of Water Lake Michigan
Senior Community Y/N N
High School District Petoskey
Zoning Description Residential
MLS Area Area24152Petoskey
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6465.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 122745
Expected Active Date 2026-09-09
Legal Description THE PRESERVE CONDO UNIT 33. NOTE MASTER DEED L534 P738-812 PLAN #126 REC 10/11/94. SECTION 7 T34N R6W.
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ExteriorLot Features NearGolfCourse HighSpeedInternetAvailable WaterView PossibleWalkout Wooded
Water Source Public
Spa N
Lot Dimensions Irregular
Lot Size Acres 1.6
Waterfront Y/N N
Road Frontage Type Paved PrivateRoad
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded FeaturesList ByChristine JohnsonListing Agent
American Associates IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,077
- Monthly Property Taxes
- $539
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Petoskey, MI
Average List Price $49,390
Percent of Sale Price 85%
About Petoskey, MI 5,638 Population
0% Since 2002
$ 40,542 Median Income
38.81 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4288578 Elementary School
4288577 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/9/2026 | $329,000 | | Listed Price |