4265 Balsam Ln Boyne City, MI 49712
Estimated payment $90,340/month
Highlights
- Waterfront
- 15.5 Acre Lot
- Wood Flooring
- Docks
- Deck
- Main Floor Primary Bedroom
About This Home
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 1900s, 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,694
Lot Details
- 15.5 Acre Lot
- Waterfront
Parking
- 4 Car Detached Garage
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
- Log Siding
Interior Spaces
- 5,700 Sq Ft Home
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Wood Flooring
- Water Views
- Range
Bedrooms and Bathrooms
- 14 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
- Deck
- Shed
Utilities
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number see legal
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $23,694 | $2,056,700 | $0 | $0 |
2024 | $5,674 | $1,216,300 | $0 | $0 |
2023 | $5,404 | $1,135,200 | $0 | $0 |
2022 | $21,391 | $954,100 | $0 | $0 |
2021 | $20,632 | $932,000 | $0 | $0 |
2020 | $20,663 | $931,300 | $0 | $0 |
2019 | $20,111 | $630,600 | $0 | $0 |
2018 | $19,661 | $633,300 | $0 | $0 |
2017 | $18,595 | $633,300 | $0 | $0 |
2016 | $18,514 | $548,000 | $0 | $0 |
2015 | $424,972 | $544,200 | $0 | $0 |
2014 | $424,972 | $576,600 | $0 | $0 |
2013 | -- | $418,280 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/06/2025 06/06/25 | Price Changed | $16,000,000 | -11.1% | $2,807 / Sq Ft |
10/24/2024 10/24/24 | For Sale | $18,000,000 | -- | $3,158 / Sq Ft |
Source: Northern Michigan MLS
MLS Number: 475226

APN: 00501204900
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