Northern Michigan Real Estate Search

Walloon Lake, Michigan

Find Your Perfect Property in Walloon Lake, MI 

Your home away from home awaits in beautiful Walloon Lake. Famous for beautiful lakefront homes, the natural beauty offers peace and solitude for those looking for a second home to get away, a primary residence with small town lakefront living, or a vacation rental income property.  

This quaint Michigan town was home each summer to author Ernest Hemingway and his family. Summers spent at his family’s lakeside cottage inspired the backdrop to four of his works, while countless others called Northern Michigan home. The idyllic setting was where he and his newlywed bride shared their honeymoon. 

Step back in time to a place where the quaint shops, beautiful architecture, and delicious dining remind you of a bygone era full of charm. No matter the season, there’s always something beautiful happening around town.  

Life on the lake offers everything from boat rentals, wakeboarding, wake-surfing, water-skiing, pontoon boats, and fishing for the water enthusiast. Or, if you want, combine your love of water and architecture, rent a canoe and get a lakefront view of the unique and historic homes situated along the shores of Walloon Lake. 

Enjoy the outdoors but not in the mood to play on the lake? Head to the North Shore Nature Trails for a day of hiking. Or take a trip to one of the local wineries and sip something special while you relax. This wonderful community is the perfect escape from the hustle and bustle of everyday life.  

I also own and operate a great vacation rental home that is located just a short walk from the Village of Walloon!

To learn more about the opportunities currently available in this picturesque town, call Stephanie Jones at 231-844-4410 to get started on finding your perfect property in Walloon Lake.  

Today's Featured Listings

$1,225,000
480263 MLS ⋅ ACTIVE Status
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 ⋅ ACTIVE Status
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 ⋅ ACTIVE Status
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
$2,555,000
4 Beds ⋅ 3 Baths ⋅ 479947 MLS ⋅ ACTIVE Status
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
$2,100,000
3 Beds ⋅ 2 Baths ⋅ 479940 MLS ⋅ ACTIVE Status
Located on Walloon Lakes' West arm, this property offers approximately 62' of clear sandy frontage. A highly desired and sought-after area of the lake, with its serene setting and proximity to Bay Harbor & Boyne City. The home includes approximately 1,393 sq ft and features 3 bedrooms and 2 baths, a fireplace, and large windows. This home is complemented by a newly added full-width covered deck that provides a stunning waterfront view perfect for outdoor gatherings. The flat lawn extends directly to the water and dock, creating an ideal lakeside setting, and the property features an attractive footprint with potential for future expansion, making it a perfect lakeside retreat. More pictures and aerial photos will be updated and added in 7 days.

8630 Curtis Lane, Petoskey
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