Luxurious $18 Million Estate on Walloon Lake Hits the Market in Petoskey, MI

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Brad Rellinger, Harbor Sothebys International Realty

$18,000,000 | Built 2018 | 14,636 Sq. Ft. | 4 Beds | 6.5 Baths

850 W Bear River Rd, Petoskey, MI 49770

This unique, custom-designed retreat on Walloon Lake, built in 2018, is being listed for the very first time at $18 million. Located in Petoskey, Michigan, here are the listing highlights: Marvel at this impressive new home with a craftsman-style design featuring post and beam construction. Upon entering, you’ll notice the stunning imported arched reclaimed Douglas fir beams that extend over 30 feet high in the great room. The finishes throughout the main and upper levels showcase a combination of wormy maple walls, coffered ceilings, broad and batten features, complemented by Van Tassell granite accents, split stone flooring, and hickory staircases. The designer kitchen boasts knotty alder cabinetry, granite countertops, and top-of-the-line appliances. Adjacent to the kitchen, you’ll find a butler’s pantry and a custom wine cellar. The main level includes a study with built-in cabinetry and ceilings adorned with tin accents. The upper floor includes two bedrooms along with a spacious guest suite equipped with a full kitchen and separate entrance. A cozy loft area is perfect for movie nights or unwinding with a good book.

Brad Rellinger, Harbor Sothebys International Realty

The elegant master suite offers a gas fireplace and a comfortable sitting area ideal for enjoying morning coffee. The master bathroom features spacious his and hers closets and exquisite inlaid marble flooring. The lower level is a hub of entertainment, complete with a full bar, media and bunk room, and a fitness room that includes a steam/sauna shower connected to an adjoining bathroom. Additional spaces include a project area, a large storage room, and a golf simulator that can double as a projection area for movies. The open living and gaming areas are centered around a three-sided fireplace. Its oversized three-car garage comes with a car hoist, allowing for the storage of a fourth car below, plus ample additional storage. Noteworthy amenities include a stunning boathouse with two boat wells and a lakeside gazebo. Enjoying western exposure, the property boasts 387 feet of prime lakefront with beautifully landscaped grounds and a heated driveway. The home utilizes a high-efficiency geothermal HVAC system along with in-floor heating and conditioned air. This residence is undoubtedly one of the finest offerings ever on Walloon Lake. The property is available for $18 million through Brad Rellinger from Harbor Sothebys International Realty.