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4265 Balsam Lane, 
Boyne City, MI 49712

$18,000,000


14

Beds


8

Baths


5,700

Sq Ft


Single Family

Active

Listed by

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC.

231-439-2800

Last updated:

May 7, 2025, 03:15 PM

MLS#

475226

Source:

MI NMMLS

About This Home

4265 Balsam Lane

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 1900’s, 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 Facts

Single Family

8 Baths

14 Bedrooms

Price Summary

18,000,000

$3,157 per Sq. Ft.

MLS #:

475226

Last Updated:

May 7, 2025, 03:15 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

14

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

7

Interior

Living Area:

5,700 Sq. Ft.


Structure

Structure

Building Area:

5,700 Sq. Ft.


Lot

Lot Size (Sq. Ft):

675,180


Finances & Disclosures

Finances

Price:

$18,000,000

Price per Sq. Ft:

$3,157 per Sq. Ft.

Source:MI NMMLS
The information being provided by Emmet Association of Realtors ¿ Northern Michigan MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Emmet Association of Realtors ¿ Northern Michigan MLS All rights reserved.

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