Northern Michigan Real Estate Search

Walloon Homes for Sale

Newest Walloon Homes for Sale

$4,750,000
5 Beds ⋅ 4 Baths ⋅ 480298 MLS
Perfectly positioned on 100’ of pristine frontage along the coveted West Arm of Walloon Lake, this extraordinary estate spans 3.6 private acres and offers an exceptional blend of timeless craftsmanship and refined modern living. Designed to embrace Northern Michigan's natural beauty, the home combines warm, lodge-inspired character with sophisticated finishes throughout. An open, light-filled floor plan welcomes you inside, where soaring wood-accented ceilings and expansive walls of glass frame picturesque lake views. At the heart of the home, the gourmet kitchen is both beautiful and functional, featuring custom white cabinetry, a farmhouse sink, striking herringbone tile backsplash, and a stunning blue ILVE six-burner gas range with elegant gold accents. The living room is anchored by a dramatic floor-to-ceiling stone fireplace and seamlessly flows to the covered lakeside deck, creating the perfect setting for morning coffee, sunset cocktails, or simply taking in the peaceful surroundings. The main-level primary suite is a private retreat with direct access to the deck and a spa-inspired bath complete with a frameless glass shower, deep soaking tub, and luxurious finishes. An office, full bath, spacious mudroom, and laundry room complete the thoughtfully designed main level. Upstairs, four generously sized bedrooms and two full baths provide plenty of room for family and guests, while the oversized bonus room above the garage offers endless possibilities as a bunkroom, game room, media lounge, or additional guest accommodations. Outside, mature trees and professional landscaping surround the property with a scenic boardwalk leads to your private dock, where endless days of boating, swimming, paddleboarding, and lakeside relaxation await on one of Northern Michigan's most treasured lakes. By water, enjoy a leisurely cruise to Walloon Village and by land, Bay Harbor, Petoskey, and Charlevoix are just minutes away. Home is offered mostly furnished.

2342 Eagle Island Road, Boyne City
$1,225,000
480263 MLS
Build your dream retreat on Walloon Lake! This exceptional lot sits on the peaceful North Arm, facing east with stunning sunrise views directly across from Walloon Lake Country Club. Enjoy a sandy bottom and easy shoreline access — perfect for swimming, kayaking, and water skiing. Boat dock included. The building site offers rare privacy, bordered on the west and south by Nature Conservancy woods, ensuring your surroundings stay natural and serene. A rock retaining wall along both the shoreline and road is already in place, giving you a head start on your build. Just 12 minutes by boat to the Village and 12 minutes by car to downtown Petoskey — convenience without sacrificing seclusion. Step outside to world-class road biking, hiking, and snowshoe trails. Four Seasons of pure Michigan fun starts now!

6184 Indian Garden Road, Petoskey
$3,490,000
3 Beds ⋅ 3 Baths ⋅ 480150 MLS
Nestled among the trees within the sought-after Eagle Island community, this thoughtfully updated Walloon Lake retreat offers 109 feet of private frontage on the coveted West Arm, where calm waters, exceptional privacy, and timeless Northern Michigan charm come together. Located just minutes from both Boyne City and Petoskey, this is the ideal place to enjoy lake life while remaining close to restaurants, shopping, golf, and year-round recreation. Designed for gathering, the home features approximately 1,832 square feet with three bedrooms, two full baths, and one half bath. A dramatic great room with soaring vaulted ceilings, exposed timber beams, and a striking fieldstone fireplace serves as the heart of the home, while multiple inviting living spaces create room for family and guests alike. The beautifully renovated kitchen opens seamlessly to the dining area and flows effortlessly to the expansive covered porch, offering peaceful views through the trees toward Walloon Lake. The spacious main-level primary suite provides comfort and privacy, while two additional guest bedrooms and a charming loft sleeping area accommodate family and friends. An attached two-car garage offers generous storage for vehicles and lake toys. A winding path leads through a beautifully wooded setting to 109 feet of private Walloon Lake frontage complete with dock, where quiet mornings, afternoon boating, and unforgettable evenings become part of everyday life. As a member of Eagle Island, owners also enjoy access to the association's beautifully maintained common amenities, including a sandy swimming beach, picnic area, and additional shared green space that enhance the relaxed lakeside lifestyle. Whether you're searching for a seasonal escape or a year-round residence, this exceptional Walloon Lake property offers the rare combination of privacy, character, and an unparalleled waterfront setting.

2286 Eagle Island Road, Boyne City
$2,555,000
4 Beds ⋅ 3 Baths ⋅ 479947 MLS
Unparalleled home and property tucked between the North and West Arms of Walloon Lake that provides a little something for everyone. The main home and two adjacent parcels total 18.89 acres are being offered with this listing, but there's also a guest house, and outbuilding currently used as a woodworking shop on 4.55 acres that is a separate listing, (MLS 479946) that could be purchased, making this a multi-generational oasis with two meticulously crafted homes on over 23.44 acres of some of the most picturesque property Michigan has to offer. With two boat launches within minutes of the property, getting out onto Walloon Lake is easy, and Petoskey is just 10 minutes away. However, the privacy you feel at this estate evokes a feeling that it's just you and nature, as no other homes are visible, except a few homes on the opposite side of the West Arm in the background of your water views of Wallon Lake. So, what do you get with 3135 Depew Rd? To start, there is the recently updated 4-bedroom 3-bath main house across 2 parcels, including lush deer-proof gardens, a greenhouse, and a brand-new studio/office tucked behind the house with heat/air and Wi-Fi. There are paths to traverse the property, meandering to a 3rd included parcel that fronts 1000-plus feet of Lake Grove Road, offering spring-fed ponds, a picturesque stream, a fruit orchard, deer blinds, and a beautiful mix of pines and deciduous trees that are spectacular to observe in all 4 distinct Northern Michigan Seasons. As for maintenance, the home and property are meticulously cared for and loved by the current owners. Everything has been updated from the roof to the mechanicals to the expansive Tigerwood decking that frames the home against the lush plantings and hardscape that lead you to your own personal park. So, if you are searching for simple relaxation or for kids/adults to recreate in the heart of Northern Michigan fun, 3135 Depew is waiting for you. Call for a private tour and more details.

3135 Depew Road, Petoskey
$590,000
3 Beds ⋅ 2 Baths ⋅ 479632 MLS
Charming Walloon Peninsula Fixer-Upper with Protected Privacy & Seasonal Lake Views! 3 BR / 2 BA | 1,355 SQ FT | Two-Story | 2-Car Detached Garage Nestled into the serene hillside of a rolling and heavily wooded lot on the coveted southern point of the Walloon Peninsula, this two-story home offers an unparalleled opportunity to create your dream Northern Michigan retreat. Located directly across the street from Walloon Lake, you'll enjoy a private, tree-lined sanctuary that opens up to beautiful seasonal lake views as the autumn and winter months roll in. Privacy here is unmatched—your rolling, heavily forested property directly abuts 260 pristine acres of Resort Township and protected conservancy land, ensuring your majestic wooded backdrop remains beautifully wild, private, and permanently untouched. The home itself boasts excellent, solid bones and a fantastic structural layout, providing the perfect canvas for a custom renovation. Inside, you'll find 1,355 square feet of living space featuring 3 bedrooms and 2 bathrooms, complemented by a spacious 2-car detached garage with plenty of room for your boat, water toys, and storage. The property requires extensive updating and restoration throughout, making it an ideal investment project or an incredible opportunity to build significant equity in a highly desirable, premium neighborhood. Due to the extent of updates required, this property will not qualify for conventional financing. Sold strictly as-is. Cash or portfolio loans only. Don't miss out on the rare chance to own a piece of the Walloon Peninsula, backed by hundreds of acres of protected nature, at an incredibly accessible price point. Schedule your showing today and unlock this property's true potential!

6243 Lake Grove Road, Petoskey
$7,314,050
4 Beds ⋅ 3 Baths ⋅ 479502 MLS
Set along an extraordinary 411 feet of coveted Walloon Lake frontage, this premier 3.6-acre estate offers a rare opportunity to embrace the timeless traditions of lakefront living. Expansive and private, this combined property captures the true spirit of an authentic Up North escape, serving as the perfect retreat for generations of family memories. The estate features two distinct residences that blend seamlessly into the natural beauty of the shoreline. A charming 3-bedroom cottage sits filled with warmth and character, long treasured as a gathering place for family and friends. At the water’s edge rests a classic boathouse. More than just a lakeside feature, it serves as the heart of countless summer evenings, offering the perfect setting to share stories and create memories that linger long after sunset. Complementing the main cottage is a historic guest cabin rich with rustic appeal. Inside, clever built-in double beds and a cozy sleeping loft ensure plenty of room for visitors to relax. The grounds also include a substantial 28' x 36' pole building, providing ample storage for all your waterfront toys and equipment. With breathtaking views, a sprawling shoreline, and a setting designed for connection, this exceptional Walloon Lake retreat offers unmatched privacy and endless future possibilities to build your family legacy. Welcome Home!

353 & 325 E Shadow Trails Road, Boyne City
$7,700,000
5 Beds ⋅ 6 Baths ⋅ 479403 MLS
Set along the coveted South Arm of Walloon Lake, 651 & 681 South Shore Drive offers a rare opportunity to own a true legacy waterfront estate with breathtaking western exposure and unforgettable sunset views. This double parcel property, spanning 1.54 wooded acres with 208 feet of pristine sandy frontage, is a One of 1 property combining timeless Northern Michigan charm with exceptional privacy and space for generations of lakeside memories. The 4,400 square-foot main residence was thoughtfully designed for entertaining and maximizing lake views. Featuring 5 bedrooms and 5½ bathrooms, the home offers expansive living spaces filled with natural light. The kitchen and dining area overlook the sparkling waters of Walloon Lake, while the spacious great room and multiple decks and covered porches create the perfect setting for gathering and relaxing. The finished lower level is built for entertaining, complete with a wet bar, recreation area, and custom stage for performances by kids and adults alike. An attached 2 car garage and separate detached 1-car garage provide excellent storage for vehicles and lake toys. Just steps from the water’s edge, the charming guest cottage offers approximately 900 square feet with 2 bedrooms, 1 bathroom, and a private lakeside deck. A separate 196-square-foot four-season studio adds flexibility as an office, art studio, fitness space, or yoga retreat. Mature landscaping, a winding wraparound driveway, underground wireless dog fence, abundant guest parking, and a full backup generator complete this extraordinary property in one of Walloon Lake’s most sought-after locations.

651 South Shore Drive, Boyne City
$13,645,000
5 Beds ⋅ 7 Baths ⋅ 478781 MLS
Welcome to the Jewel on Walloon at 850 W Bear River Road, a breathtaking 14,636-square-foot estate on the serene North Arm of Walloon Lake, masterfully designed by Gary Nance. This gated property blends timeless craftsmanship with modern luxury, featuring reclaimed Douglas fir timbers, Van Tassell granite accents, and sophisticated interiors with custom cabinetry, marble finishes, and state-of-the-art amenities like geothermal heating, Crestron home automation system, a whole-house generator, electronic blinds, and a heated driveway. The estate boasts a chef’s dream kitchen, a 400-bottle temperature controlled wine cellar, an English pub, a golf simulator, craft room, in-home gym with steam shower, in-home theatre, a car lift to store an extra vehicle or boat in the lower level, an 1850 sq.ft attached guest apartment, and an expansive three-season outdoor entertainment space. The 2.27-acre manicured grounds offer 387 feet of pristine Walloon Lake frontage, a grandfathered 2-well boathouse, a gazebo over the water, a guest cabin, and a grand pergola overlooking all of it. With its rich history, stunning design, and proximity to Walloon Lake Village, Walloon Lake Country Club and charming downtown Petoskey, this property is a rare gem offering unparalleled elegance and tranquility. Welcome Home!

850 W Bear River Road, Petoskey
$3,750,000
4 Beds ⋅ 4 Baths ⋅ 478173 MLS
There are few places on Walloon Lake where privacy, natural beauty, and timeless architecture come together as effortlessly as they do here. Nestled beneath a canopy of mature pines on 131 feet of crystal-clear shoreline, this waterfront retreat embraces the quiet character that has defined Walloon Lake for generations. The approach is understated, the setting remarkably peaceful, and the connection to the lake is immediate. Designed to celebrate its surroundings, the residence is filled with natural light as soaring ceilings and expansive walls of glass frame ever-changing views of the water. Warm cedar finishes, native stone, and thoughtfully proportioned living spaces create an atmosphere that is both sophisticated and inviting. Equally suited for lively summer gatherings or quiet weekends with family. The heart of the home opens effortlessly to expansive lakeside decks where mornings begin with coffee overlooking the water and evenings conclude beneath northern Michigan skies. Every room has been carefully positioned to maximize light, privacy, and the enduring beauty of its surroundings. Generous accommodations provide exceptional comfort for family and guests, while the property's wooded setting offers a rare sense of seclusion without sacrificing convenience. Just minutes from the village of Walloon Lake and Petoskey, the home enjoys the best of both worlds—peaceful waterfront living with easy access to dining, shopping, and year-round recreation. Properties of this caliber are increasingly defined not only by their architecture, but by their setting. Here, the towering pines, pristine shoreline, and unmistakable clarity of Walloon Lake create a legacy property designed to be enjoyed for generations to come.

818 Whitfield View, Walloon Lake
$13,000,000
14 Beds ⋅ 8 Baths ⋅ 475226 MLS
Welcome to the historical Randall’s Point on Walloon Lake! This is a rare opportunity to own a century old homestead with a distinct peninsula that offers unmatched views of the sunrise and sunsets from all 4 cabins. Nestled at the end of a scenic, long, winding driveway and sitting on 15.5 acres with an expansive 2,170 feet of waterfront, this unique property is truly one of a kind. Purchased by the Randall family in the 1900’s, Mr. Randall and his dear friend, Ernest Hemingway, foraged the centuries old red and white pines hunting grouse and woodcock. It is also believed that Bo Randall and his wife attended Hemingway’s marriage to Hadley upon his return home from WWI. While the original barn and boathouse remain, the three log cabins were built in the 1920’s. The main log home was built in the 1970’s and underwent a major expansion and renovation in 2001. The first floor ‘master suite’ is a completely self-contained living space, and the rest of the main level boasts gleaming hardwood floors, walls of windows on three sides that overlook the lake just 25 feet away, a stone fireplace, and multiple sitting areas to enjoy, entertain, and spend time with family and friends. The spacious chef’s kitchen can accommodate multiple cooks and includes stainless steel appliances, granite island, and ample pantry storage. Several covered porches emit peace and tranquility while providing panoramic and breathtaking views. Sip your morning coffee while watching the sun rise and listen to the birds chirping and the fish jumping. Unwind in the evening with your favorite beverage as the sun melts into the rippling water. Flat rock steps lead down to the amazing hard-packed, sandy beach with a fire pit, perfect for those evening bonfires and s’mores. As you enter the guest cabins you are instantly transported back to a time when life was simple. Don't miss your chance to own this integral piece of Walloon Lake history that will provide another century of fun for future generations.

4265 Balsam Lane, Boyne City
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