Lavish Lake Property Providing for $18 Million, Tying for Michigan’s Most Expensive Listing

A lakefront estate in Petoskey, Michigan, new to the industry at $18 million, is now tied for first place in the race to be the most costly household on the sector in the Wonderful Lakes Point out. 

Perched on the shores of Walloon Lake, the house is 1 of the area’s “most exquisite homes at any time provided,” and “truly a a single-of-a-kind,” according to the listing with Brad Rellinger and Eric Lohman of Harbor Sotheby’s Global Realty, who bought the put to the current market previous 7 days for the very first time due to the fact its construction in 2018. 

“This is a hand-developed timber-frame house created with 100-year-old reclaimed timbers,” Mr. Rellinger said. “Anyone who has at any time been in this house states, ‘wow!’ This is the nicest dwelling on the lake.”

Throughout its 14,636 sq. feet, the dwelling has a prosperity of luxuriously rustic finishes. In the great room, arched reclaimed Douglas fir beams cross the 30 foot ceilings the kitchen area has knotty alder cupboards and granite countertops a analyze is equipped with custom made created-in cabinetry and tin accented ceilings and maple partitions and coffered ceilings look all through. 

There’s also a tailor made-developed wine cellar, a most important bedroom—one of four—with a fireplace, double closets and marble flooring, and a loft that features a cozy place for looking at or observing flicks, according to the listing. 

Downstairs, the decreased degree is primed for entertaining with features which include a comprehensive-dimension bar, a media place, a health club and a sauna.

The recreation space “has area for two seating regions, two card tables, a chess desk, a pool table, darts and shuffleboard,” Mr. Rellinger stated. And “the golfing
simulator is often a major strike with household and mates.”

And of program, what lake property would be done with out space for a boat? This a single has a boathouse for two vessels and a waterside gazebo.

The home is becoming sold by a rely on, home documents exhibit, which purchased the underlying residence in 2014 for just about $1.8 million. 

In accordance to listing information, there is only two other residences in Michigan with an $18 million rate tag to match this 1: A single, also on Walloon Lake, is a century-aged homestead with ties to Ernest Hemingway that arrived to the sector in June. The other is a 710-acre estate on Lake Huron that was outlined in April.