Perched along 268' of private Walloon Lake waterfront, on the quiet and exclusive north arm, this exceptional 3,983 Sq.Ft. cottage captures the very best of Northern Michigan lakefront living. As you approach, spectacular views of Walloon Lake unfold, setting the stage for a home designed to gather, relax, and enjoy every season at the lake. Inside, expansive windows and generous living spaces embrace the beauty of the lake. Two spacious living areas surround a large dining room, creating an inviting flow for entertaining family and friends. The expansive family room features high ceilings, walls of windows, and a wraparound outdoor deck, making it the perfect place to start the day with coffee while taking in the lake views. The sun-filled living room offers a cozy setting to curl up with a book by the gas fireplace or gather for a family game. The main-level primary suite provides a peaceful retreat with beautiful views and the opportunity to wake to the sunrise over Walloon Lake. With four bedrooms, three full baths, and one half bath, the home comfortably accommodates family and guests, while the finished lower level offers additional living space. Wood floors, updated bathrooms, in-floor heating in master bathroom, Generac generator, electric charger in garage, and thoughtful amenities throughout add to the home's comfort and appeal. Outside, the lake takes center stage. Enjoy the expansive deck and beautifully landscaped grounds, gather around the firepit, or unwind in the hot tub after a day on the water. The sandy beach is ideal for swimming, kayaking, and paddleboarding, while the private dock invites you to head out for a boat ride to Walloon Village or simply settle in for magnificent Northern Michigan sunsets. With ample space for guests and storage for all your lake-life essentials, this property offers everything needed for unforgettable summers on Walloon Lake. Home is offered mostly furnished including the dock.
For sale
Price cut: $201K (9/21)
$3,799,000
6195 Indian Garden Rd, Petoskey, MI 49770
4beds
3,983sqft
SingleFamily
Built in ----
-- sqft lot
$3,603,800 Zestimate®
$954/sqft
$-- HOA
What's special
Gas fireplacePrivate dockHot tubPrivate walloon lake waterfrontBeautifully landscaped groundsPeaceful retreatCozy setting
- 21 days
- 2,221
- 138
Zillow last checked:
Listing updated:
Listed by:
Patrick Leavy,
Kidd & Leavy Real Estate Co. LLC 231-439-2800
Source: Northern Michigan MLS,MLS#: 480789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas, Hot Water Baseboard, Radiant Floor
Appliances
- Included: Dishwasher, Refrigerator, Washer, Dryer, Range
Features
- Flooring: Wood
- Basement: Full,Finished
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total interior livable area: 3,983 sqft
Property
Parking
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 1.5
Features
- Levels: Two Or More
- Patio & porch: Deck
- Exterior features: Dock
- Spa features: Hot Tub
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Features: Paved, Sprinkler System
Details
- Additional structures: None
- Parcel number: 131931300002
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood Frame/Site Built
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Security: Security System
HOA
- Has HOA: No
Location
- Region: Petoskey
Financial & listing details
- Price per square foot: $954/sqft
- Tax assessed value: $1,470,400
- Annual tax amount: $23,574
- Date on market: 9/11/2026
- Road surface type: Paved
Estimated market value
$3,603,800
$3.42M - $3.78M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $3,799,000-5%$954/sqft |
Source: | ||
| 9/11/2026 | Listed for sale | $4,000,000+196.3%$1,004/sqft |
Source: | ||
| 5/17/2019 | Listing removed | $1,350,000$339/sqft |
Source: Coldwell Banker Schmidt, Realtors #457078 Report a problem | ||
| 3/27/2019 | Listed for sale | $1,350,000-24.6%$339/sqft |
Source: Coldwell Banker Schmidt, Realtors #457078 Report a problem | ||
| 6/28/2018 | Listed for sale | $1,790,000-9.4%$449/sqft |
Source: Kidd & Leavy Real Estate Co. LLC #452133 Report a problem | ||
| 8/1/2017 | Price change | $1,975,000-17.4%$496/sqft |
Source: Kidd & Leavy Real Estate Co. LLC #452133 Report a problem | ||
| 6/8/2017 | Listed for sale | $2,390,000$600/sqft |
Source: Kidd & Leavy Real Estate Co. LLC #452133 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $23,574 +2.3% | $1,470,400 +32.6% |
| 2025 | $23,048 | $1,109,300 +24.3% |
| 2021 | -- | $892,200 -2.8% |
| 2020 | -- | $917,500 +4.9% |
| 2019 | -- | $874,500 -3.3% |
| 2018 | -- | $904,300 +0.1% |
| 2017 | -- | $903,500 +6.8% |
| 2016 | -- | $846,300 +10.5% |
| 2015 | -- | $765,700 +5.6% |
| 2014 | -- | $725,000 +21.8% |
| 2013 | -- | $595,200 +0.5% |
| 2012 | -- | $592,400 -13.8% |
| 2011 | -- | $687,300 -11.5% |
| 2010 | -- | $776,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49770
Nearby schools
Schools provided by the listing agent
- District: Petoskey
Source: Northern Michigan MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








