Walloon Lake Real Estate & Waterfront Homes | Walloon Lake Property

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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	$6.3M
Lowest Price	$2.5M
Highest Price	$18M
Total Listings	7
Avg. Price/SQFT	$1.3K

Property Types (active listings)

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Under $100,000
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$18,000,000

$5,995,000

6625 Indian Garden, Petoskey

7 Beds 6 Baths 5,300 SqFt Residential MLS® # 474515

$3,900,000

8262 Bear Cove Lane, Petoskey

4 Beds 3 Baths 3,750 SqFt Residential MLS® # 475142

$3,675,500

4017 N M-75 Highway, Walloon Lake

5 Beds 4 Baths 3,450 SqFt Residential MLS® # 475065

$3,250,000

998 North Shore, Walloon Lake

5 Beds 3 Baths 3,961 SqFt Residential MLS® # 474711

New

$2,475,000

2144 Eagle Island Road, Boyne City

4 Beds 2 Baths 2,379 SqFt Residential MLS® # 475413

$4,500

2161 North Shore, Walloon Lake

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

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

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.

Find Your Dream Home In Northern Michigan

With a passion for providing families and individuals with pristine properties on Walloon Lake and surrounding areas, Wally is here to assist you find your dream Northern Michigan home.

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