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Walloon Lake Waterfront Homes

Recognized as an incredible summer vacation destination, Walloon Lake spans 9 miles in length and over 4,000 acres in size. Waterfront homes along the lake provide exceptional views and countless opportunities for outdoor recreation. From fishing to boating, year-round residents and renters are invited to experience the peace and tranquility of Walloon Lake every single day. Select from luxurious properties or build your dream home on the vacant plots of land. View all waterfront real estate below, or  about Walloon Lake.

Walloon Lake Waterfront Statistics

Average Price	$8M
Lowest Price	$2.5M
Highest Price	$18M
Total Listings	6
Avg. Price/SQFT	$1.5K

Property Types (active listings)

Search Walloon Lake Waterfront Listings

• All Listings
• Under $100,000
• $100,000 - $200,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• Over $1,000,000

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$18,000,000

4265 Balsam Lane, Boyne City

14 Beds 8 Baths 5,700 SqFt Residential MLS® # 475226

$13,995,000

850 W Bear River Road, Petoskey

4 Beds 7 Baths 14,636 SqFt Residential MLS® # 475791

$6,400,000

1320 North Shore Drive, Walloon Lake

6 Beds 5 Baths 3,278 SqFt Residential MLS® # 476172

$3,699,000

↓ $100,000

6443 Indian Garden Road, Petoskey

6 Beds 5 Baths 3,834 SqFt Residential MLS® # 475645

$3,399,000

4017 N M-75 Highway, Walloon Lake

5 Beds 4 Baths 3,450 SqFt Residential MLS® # 476105

$2,495,000

↓ $105,000

3056 Hilton Lane, Petoskey

4 Beds 2 Baths 2,147 SqFt Residential MLS® # 475552

$1,545,000

↓ $50,000

4041 Renwick Lane 4, Walloon Lake

2 Beds 2 Baths 1,456 SqFt Residential MLS® # 475814

$849,000

2027 North Shore Drive, Walloon Lake

4 Beds 3 Baths 2,775 SqFt Residential MLS® # 476248

$707,000

↑ $702,500

2161 North Shore, Walloon Lake

4 Beds 3 Baths 2,650 SqFt Residential MLS® # 475380

New

$630,000

4488 Fourth Street, Walloon Lake

2 Beds 2 Baths 1,700 SqFt Residential MLS® # 476320

$535,000

4041 Renwick Lane 13, Walloon Lake

2 Beds 1 Bath 996 SqFt Residential MLS® # 476115

$425,000

↓ $30,000

3065 Leisure Lane, Boyne City

3 Beds 2.5 Baths 3,216 SqFt Single Family MLS® # 1929833

$425,000

↓ $30,000

3065 Leisure Lane, Boyne City

3 Beds 3 Baths 3,216 SqFt Residential MLS® # 475553

New

$179,000

4714 Birch Lane, Petoskey

0 Beds 0 Baths 0 SqFt Lots/Land MLS® # 476339

$165,000

Lot 9 Vistas Of Walloon 9, Walloon

0 Beds 0 Baths 0 SqFt Lots/Land MLS® # 475544

$600

4060 N M-75 Highway 202, Walloon Lake

0 Beds 1 Bath 350 SqFt Commercial/Industrial MLS® # 475583

Discover Walloon Lake Waterfront Homes For Sale - 49796

Known for its clean, spring-fed turquoise waters that are reminiscent of the Caribbean, Walloon Lake is seen by many as the gem of northern Michigan. Carved by ancient glaciers, the lake itself holds a singular shape, with each arm possessing distinct characteristics. Green hills full of lush forests surround calm waters that are perfect for swimming, boating, and fishing. A haven for classic wooden boats, these emblems of up north lake culture are celebrated each August at the annual Walloon Woodies festival.

Morel hunters take to the woods in the spring before the lake is teeming with activity throughout the summer. At the end of the season, things quiet down again for a peaceful winter dotted with ice fishing, skiing, and an ice skating rink installed right on the shores of the lake. Delicious waterfront dining can be found at Barrel Back and the Walloon Lake Inn, while the Walloon Lake Country Club provides opportunities for golf, tennis, and pickleball with a handsome clubhouse overlooking the lake. Life on the lake is peaceful and secluded, with Petoskey, Harbor Springs, Charlevoix, and Bay Harbor all a short drive away. Notably, in 2023 Travel + Leisure Magazine awarded Hotel Walloon the honor of Best Resort in the Midwest, and No.5 in the United States. 

At the turn of the century, scores of wealthy industrialists and entrepreneurs built their luxurious summer waterfront homes along the shores of Walloon Lake. Many of these historic cottages still stand today, providing rich insight into the area’s foundation as a summer destination. Ernest Hemingway was only a few months old when he first ventured to Windemere cottage with his family in 1899, returning throughout his boyhood to spend the summers hunting, fishing, swimming, and canoeing. The north woods provided ample inspiration for the young writer. You’ll find snippets of Walloon Lake and the surrounding areas in “Wedding Day,” "Summer People,” “Up In Michigan,” “Big Two-Hearted River,” and many other Hemingway stories.

As a seventh generation resident of Walloon Lake and member of the Land Preservation Committee of the Walloon Lake Association and Conservancy, Wally Kidd is dedicated to keeping this slice of heaven an esteemed legacy destination. You’ll find that Walloon Lake is one of the most desirable locations for both year-round residents and those seeking an exceptional second home.

Walloon Lake Real Estate By Property Type

• Walloon Lake Cottages
• Walloon Lake Waterfront Lots
• All Walloon Lake Real Estate

Get a Slice of Northern Michigan Paradise at Walloon Lake

Walloon Lake real estate values have been increasing since 1970, and it's no wonder why. It's far away enough to unwind and close enough to the conveniences of urban life—Northern Michigan style. No matter what speed you live at, you've found a sweet-spot. 

Are you interested in a Walloon Lake waterfront home, Walloon Lake Condos or a Walloon Lake property? Contact Wally Kidd at 231.838.2700 to learn more about Walloon Lake waterfront properties and homes for sale on Walloon Lake.

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