PETOSKEY, Mich. (Michigan News Source) – A Petoskey lake home is for sale at a price of $18,000,000, tying with a Boyne City residence for the most expensive home for sale in Michigan.
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The custom-built home, located on Walloon Lake, features “only” four bedrooms and seven bathrooms but boasts nearly 15,000 square feet of indoor living area. You’ll find a wine cellar, a full-sized bar, a fitness center, an outdoor-style kitchen with an enclosed grill, a sauna and steam shower, and a golf simulator. Reclaimed Douglas fir beams arch across the 30-foot living room ceilings.
If the three-car garage isn’t enough, there’s a built-in hoist to store a fourth car in the garage’s lower level. There’s no need to take up space with a snowplow, either, because the driveway (and the interior floors!) are heated.
The property also includes nearly 400 feet of sunset-facing shoreline, complete with an enclosed boathouse, a dock with two boat slips, and a waterside gazebo. A hot tub overlooks the lake from the covered back porch.
There’s just one downside: property taxes. They shot up to more than $3,500,000 in 2021, according to Zillow.
The full listing for 850 W. River Bear Road can be found here.
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