14
Bedrooms7 / 1
Full / Half Baths5,700
Square FeetWelcome 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.
Mortgage Calculator
Estimated Monthly Payment Breakdown
Est. Purchase Price
$50,907 per monthPMI
$3,461 per monthInsurance
$400 per monthTaxes
$12,500 per monthTotal Payment:
$67,268 per month
- Status
- Active
- Address
- 4265 Balsam Lane
- City
- Boyne City
- Zip
- 49712
- County
- Charlevoix
- Township
- Evangeline
- Possession
- TBD
- Zoning
- Res
- Property Type
- Residential
- List Price
- $13,000,000
- Total Finished SqFt
- 5,700
- Above Grade SqFt
- 5,700
- Garage
- 4.0
- Garage Desc.
- Combination, Garage-Detached
- Waterview
- Y
- Waterfront
- Y
- Waterfront Desc
- Water Front
- Waterfrontage
- 2170.0
- Body of Water
- Walloon
- Water
- Well
- Sewer
- Septic
- Primary Bedroom
- 1st Floor
- Bedroom 2
- 1st Floor
- Bedroom 3
- 1st Floor
- Bedroom 4
- 1st Floor
- Living
- 1st Floor
- Kitchen
- 1st Floor
- Dining
- 1st Floor
- Family
- 1st Floor
- Bath1
- 1st Floor
- Bathroom 2
- 1st Floor
- Laundry
- 1st Floor
- Other
- 1st Floor
- Other 2
- 1st Floor
- 1st Floor Primary
- Yes
- Basement
- None
- Acreage
- 15.5
- Features
- Ceiling Fans, Deck, Dock, Dryer, Range, Refrigerator, Washer, Wood Floors
- School District
- Boyne City
| MLS Number | Status | Activity Date | List Price | Sold Price | DOM |
|---|---|---|---|---|---|
| 475226 | Oct 1 2025 9:25AM | $13,000,000 | |||
| 475226 | Jun 6 2025 4:15PM | $16,000,000 | |||
| 475226 | Active | Oct 24 2024 9:45AM | $18,000,000 | 642 | |
| 468534 | Active | Jun 14 2022 9:56AM | $18,000,000 | 864 |
Listing courtesy of
Kidd & Leavy Real Estate Co. Llc
Office Address: 325 E Lake St., Petoskey
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listings last updated: July 28, 2026. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.
Our Michigan real estate agents can answer all of your questions about 4265 Balsam Lane, Boyne City MI 49712. Real Estate One and Max Broock Realtors are part of the Real Estate One Family of Companies and dominate the Boyne City, Michigan real estate market. To sell or buy a home in Boyne City, Michigan, contact our real estate agents as we know the Boyne City, Michigan real estate market better than anyone with over 100 years of experience in Boyne City, Michigan real estate for sale.
The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Services. Real Estate listings held by brokerage firms other than Real Estate One includes the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Northern Michigan MLS, Inc © All rights reserved.