NOT LISTED FOR SALE

4600 Waters Edge Dr Walloon Lake, MI 49796

Estimated Value: $1,001,000 - $1,171,381

5 Beds
4.5 Baths
4,656 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $1,037,500 $223 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,765/month

158 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • First Floor Utility Room
  • Radiant Floor
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of February 2024

As the street name implies, you’re a short walk away from the water's edge in this one-of-a-kind masterpiece off the North Shore of Walloon Lake. Nestled in the small and private Vistas of Walloon Association, this sold-out community offers the luxury of living in Walloon Lake without the price tag that comes with being on the water. You’ll struggle with where to look when pulling up the drive. The beautifully designed home is so inviting, but the large rock wall demands your attention. Once it does, you’ll notice the massive pudding stone center stage. When entering the home, you’ll be greeted by a towering canopy view of the hardwoods out back. The same view extends to the main floor master just off the South side. Enjoy entertaining in the spacious living, kitchen, and dining areas, which makes for the perfect hosting environment with space any cook will be delighted to have. The open concept flows to the partially covered deck, which is an extension of your entertainment, grilling, and relaxation. The second bedroom and ensuite are located on the North side of the home, while the additional bedrooms are located on the lower level. You’ll be amazed by the space in front of you when coming off the stairs. The lower level has a very large family room, kitchenette, gym with professionally installed gym flooring and wall-length mirrors, home office adjacent to the gym, another bedroom, and the lower-level in-law master bedroom and ensuite. The whole lower level has unobstructed views and access to the backyard. The home offers luxury living, off the lake and only ten minutes to Boyne Mountain. *Office can be 5th Bedroom, in-floor heat, heated garage, 30 AMP RV hookup.

Last Agent to Sell the Property

Russell Schlehuber

@properties Christie's International Real Estate - Petoskey License #6506044677 Listed on: 09/01/2023

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Russell Schlehuber

@properties Christie's International Real Estate - Petoskey License #6506044677 Listed on: 09/01/2023

@properties Christie's International Real Estate - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,608

Year Built

  • Built in 2017

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150 x 300
  • Sprinkler System

HOA Fees

  • $73 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,656 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-010-725-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,608

Year Built

Built in 2017

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2017
  • Lvt Date: 09/01/2023
  • Section: 8
  • S E V Yr: 2023
  • Second Address Number: 4600
  • Directions: Take North Shore Drive west, turn right onto 4th Street. 4th Street turns into Waters Edge Dr, continue past Vistas of Walloon community entrance and the home is on your right.
  • Price per Sq Ft: 222.83
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 4656
  • Master Bedroom: Dimensions: 16 x 14, On Level: Main
  • Bedroom 2: Dimensions: 14 x 14, On Level: Main
  • Bedroom 3: Dimensions: 15 x 14, On Level: Lower
  • Bedroom 4: Dimensions: 14 x 12, On Level: Lower
  • Total Rooms: 10
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 18 x 12, On Level: Main
  • Kitchen: Dimensions: 16 x 13, On Level: Main
  • Family Room: Dimensions: 24 x 18, On Level: Lower
  • Living Room: Dimensions: 19 x 18, On Level: Main
  • Above Grade Finished Sq Ft: 2328
  • Bathroom 1: Dimensions: Full/Full/Half, On Level: Main
  • Bathroom 2: Dimensions: Full/Full, On Level: Lower
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Office 15 x 14, On Level: Lower
  • Rooms 2: Dimensions: Kitchenette 15 x 8, On Level: Lower
  • Windows: Marvin

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Forced Air, LP Gas, In Floor Heating
  • Sewer: Septic
  • Water: Well
  • Well Size Depth: 5", 312 Ft

Condo/Co-op/Association

  • Association: Yes
  • Fees: 880
  • Other Association Fees: $1,200/Ann

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 150 x 300
  • Estimated Number of Acres: 1
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 15-010-725-001-00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $1,037,500 -3.5% $223 / Sq Ft
10/02/2023 10/02/23 Price Changed $1,075,000 -2.3% $231 / Sq Ft
09/01/2023 09/01/23 For Sale $1,100,000 +76.0% $236 / Sq Ft
05/09/2019 05/09/19 Sold $625,000 0.0% $134 / Sq Ft
03/18/2019 03/18/19 For Sale $625,000 -- $134 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

Source: Public Records

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 $8,608 $451,600 $0 $0
2024 $3,601 $463,300 $0 $0
2023 $3,430 $431,800 $0 $0
2022 $3,266 $347,000 $0 $0
2021 $7,531 $299,600 $0 $0
2020 $9,241 $358,400 $0 $0
2019 $5,911 $240,500 $0 $0
2018 $5,917 $176,000 $0 $0
2017 $7,618 $176,000 $0 $0
2016 $1,085 $25,400 $0 $0
2015 $15,423 $20,000 $0 $0
2014 $15,423 $20,000 $0 $0
2013 -- $15,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 472094

Northern Michigan MLS

APN: 01072500100