4265 Balsam Lane $18,000,000

    Close

    4265 Balsam Lane Boyne City, MI 49712

    • 14 Beds
    • 7 Baths
    • 5,700 sq. ft.
    • Residential
    • MLS# 475226
    Favorite Share
    Views: 46 Days On Site: 24

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Description Tours

    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.

    • General Features
      • Above Ground Sq Footage 5700
      • Association No
      • County Charlevoix
      • Features Ceiling Fans, Deck, Dock, Dryer, Range, Refrigerator, Washer, Wood Floors
      • Lake Walloon
      • Total Finished Sq Ft 5700
      • Township Evangeline
      • Utility Level Main
      • Water Well
      • Water Front Water Access Water Front
      • Water View Yes
      • Waterfront Feet 2,170+/-
      • Wf Separated By Road No
    • Building Features
      • Basement None
      • Construction Wood Frame/Site Built, Log
      • Garagae Car Capacity Four +
      • Garage Carport Garage-Detached, Combination
      • Roof Asphalt Shingle
    • Room Features
      • Bath 1 Level Main
      • Bath 2 Level Main
      • Bedroom 2 Level Main
      • Bedroom 3 Level Main
      • Bedroom 4 Level Main
      • Dining Rm Level Main
      • Family Rm Level Main
      • Kitchen Level Main
      • Living Rm Level Main
      • Master Bdrm Level Main
      • Bedrooms 14
      • Full Bathrooms 7
      • Half Bathrooms 1
      • Rooms 1 Level Main
      • Rooms 2 Level Main
      • Total Rooms 22
    • Property Features
      • Approx Number Of Acres 15.5
    • Schools
      • School District Boyne City
    • Additional Features
      • Other Buildings Shed
      • Sewer Septic

    Neighborhood

    49712 (Boyne City) Demographics

    48 Median Age
    98 Population Density (per sq. mile)
    46% College Educated
    $61,211 Estimated Median Income
    3,052 Estimated Total Home Owners
    601 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    8,015 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $325,000 Median Sales Price
    11 Homes Sold
    12 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $18,000,000
        10/24/2024 9:21:00 AM New in Database Source: Multiple Listing Service New Value: $18,000,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLSX). Real estate listings held by brokerage firms other than RE/MAX of Michigan are marked with the NM-MLSX logo and the detailed information about said listing includes the listing office.

        All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RE/MAX of Michigan shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc © All rights reserved.

        NM-MLSX (IDX) information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.