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5382 Lake Grove Road, 
Petoskey, MI 49770

$4,495,000


6

Beds


4

Baths


3,990

Sq Ft


Single Family

Active

Listed by

Wally Kidd

Kidd & Leavy Real Estate Co. LLC.

231-439-2800

Last updated:

February 18, 2026, 04:51 PM

MLS#

478717

Source:

MI NMMLS

About This Home

5382 Lake Grove Road

Set along one of Walloon Lake’s most desirable corridors on Lake Grove Road, this charming home offers 100 feet of flat, level shoreline and an A+ location central to everything that makes this region so special. The main residence features four bedrooms and 2.5 baths, along with an office and separate study that provide flexibility and quiet retreat space. A fieldstone wood-burning fireplace anchors the living area, welcoming you home against a stunning backdrop of azure blue views across Walloon. The kitchen, complemented by an adjoining wet bar, will surely appease the chef of the household, while the open layout allows anyone preparing a meal to remain part of the gathering. The primary bedroom offers breathtaking lake views, a walk-in closet, soaking tub, and a spacious walk-in shower. Three additional bedrooms upstairs provide ample room for a large group, while the third-story bonus area offers ideal space for lively guests or additional overflow. Just steps outside, a fantastic outdoor kitchen complete with a stone pizza oven and a spacious covered lakeside porch brings celebrations outdoors with ease. Complementing the main home is a three-car detached garage with a finished guest residence above, offering two bedrooms, a full bath, kitchenette, and living area. This separate space allows visiting guests to enjoy privacy while remaining fully connected, an ideal arrangement for multi-generational use. The level lot creates easy access to the shoreline, making swimming, boating, and long summer days on the water more fun and enjoyable. The proportions are generous yet balanced, substantial enough to host and gather, yet appropriate in scale for easy maintenance and year-round enjoyment. This is a classic Walloon Lake offering in a premier location, close to Petoskey, Boyne City, Charlevoix, Harbor Springs, and Bay Harbor. This flat lake level setting, mere steps from the waters edge is sure to provide lasting value and enjoyment for years to come.

Home Facts

Single Family

4 Baths

6 Bedrooms

Price Summary

4,495,000

$1,126 per Sq. Ft.

MLS #:

478717

Last Updated:

February 18, 2026, 04:51 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

3,990 Sq. Ft.


Structure

Structure

Building Area:

3,990 Sq. Ft.


Finances & Disclosures

Finances

Price:

$4,495,000

Price per Sq. Ft:

$1,126 per Sq. Ft.

Source:MI NMMLS
The information being provided by 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. © 2026 Northern Michigan Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.