Northern Michigan Real Estate Search

Walloon Lake Homes For Sale

Newest Walloon Lake Homes For Sale

$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

$2,325,000
5 Beds 5 Baths 479976 MLS
There was a time when summer wasn't measured by the calendar, but by the sound of screen doors, evenings on the porch, and generations gathered around the lake. At 1474 North Shore Drive, that tradition is still alive. Known by neighbors up and down the shoreline as 'The Blue Lady', this beloved North Shore cottage has been a treasured place for generations. Rich with character, history, and timeless charm, it represents everything people have cherished about Walloon Lake for decades. Nestled among the iconic Seven Hills of North Shore, the property offers the perfect balance of tranquility and convenience. Stroll the shoreline path to the 'Foot' or Walloon Village—depending on who you're talking to or enjoy a short drive to local restaurants, shopping, and an ice cream after a day on the water. Offering approximately 2,041 square feet, the cottage features 5 bedrooms, 4½ bathrooms, 50 feet of pristine Walloon Lake frontage, and an additional parcel located across North Shore Drive. Inside, the original character has been thoughtfully preserved, while expansive lake views remind you why generations have returned here year after year. The heart of the home is undoubtedly the 485-square-foot screened porch. As the familiar creak of the screen door welcomes you inside, you'll immediately understand why this space has hosted countless family dinners, card games, morning coffees, and sunset conversations. It's easy to imagine 'Porch Parties' becoming your family's newest tradition. The lower level includes two private guest suites, each with its own bathroom and separate exterior entrance, providing comfortable accommodations for family and friends, along with a convenient laundry area. Some cottages are purchased. Others are inherited through memories yet to be made. The Blue Lady offers a rare opportunity to become part of Walloon Lake's rich history while creating your own traditions for generations to come.

1474 North Shore Drive, Walloon

$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

$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

Start Your Search

IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 NM-MLSX.