Exquisite $18 Million Estate on Walloon Lake Now Available in Petoskey, Michigan

Brad Rellinger, Harbor Sothebys International Realty

Price: $18,000,000 | Year Built: 2018 | Size: 14,636 Sq. Ft. | Bedrooms: 4 | Bathrooms: 6.5

850 W Bear River Rd, Petoskey, MI 49770

This beautiful custom-built retreat on Walloon Lake covers 14,636 square feet and is on the market for the first time since its completion in 2018 for $18 million in Petoskey, Michigan. Listing highlights include: A truly spectacular post-and-beam craftsman home with stunning arches and reclaimed Douglas fir beams that grace 30-foot ceilings in the grand room. The main level and upper level showcase a mix of wormy maple walls, coffered ceilings, and batten broad designs, all accented by Van Tassell granite and hickory stairs. The kitchen features knotty alder cabinetry, granite countertops, and top-of-the-line appliances, while a butler’s pantry and a custom-built wine cellar complete this space. There’s also a main level office with custom cabinets and tin ceilings. On the upper floor, you’ll find two bedrooms, a large guest suite with its own kitchen, and a loft area perfect for movies or reading.

Brad Rellinger, Harbor Sothebys International Realty

The master suite is a beautiful sanctuary with a cozy gas fireplace, a sitting area ideal for enjoying morning coffee, expansive his and hers closets, and elegant marble flooring. The lower level is designed for entertainment, featuring a full bar, a media/bunk room, and a fitness space with a sauna and shower. There’s also a project area, ample storage, and a golf simulator that doubles as a projection area for larger events. Open living and gaming areas are centered around a three-sided fireplace. The property also boasts an oversized three-car garage equipped with a car hoist, providing storage for an additional vehicle and plenty of storage space. Notable amenities include a classic boathouse with two boat wells, a lakeside gazebo, 387 feet of premium lakefront with western exposure, beautifully landscaped grounds, and a heated driveway. The home features energy-efficient geothermal HVAC, with in-floor heating and forced air conditioning. This residence is genuinely one of the most exceptional properties ever offered on Walloon Lake. It is listed at $18 million with Brad Rellinger from Harbor Sothebys International Realty.