20 Reasons to Invest in Boyne Falls, MI Real Estate This Year

Boyne Falls

Tucked into the heart of Northern Michigan, Boyne Falls is a hidden gem offering a perfect blend of rustic charm and year-round adventure. Home to the world-class Boyne Mountain Resort, this cozy village attracts outdoor enthusiasts, vacationers, and savvy investors alike. Whether you're drawn by the area’s ski slopes, indoor water park, or serene hiking and biking trails, Boyne Falls real estate provides exceptional access to it all.

Buyers can choose from slope-side condos, wooded cabins, or modern homes with mountain views, making it ideal for both full-time residents and seasonal getaways. The community is friendly, close-knit, and enjoys proximity to nearby cities like Boyne City, Petoskey, and Charlevoix. For those seeking adventure with a touch of luxury, Boyne Falls is an unbeatable place to call home or invest in Northern Michigan living.

Real Estate Statistics

Average Price	$466K
Lowest Price	$99K
Highest Price	$999K
Total Listings	23
Avg. Price/SQFT	$286

Property Types (active listings)

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$999,000

02661 Fox Run Door #774, Boyne Falls

4 Beds 4 Baths 2,392 SqFt Residential MLS® # 476056

$850,000

↓ $50,000

02223 Boyneland Drive Unit 116/ Dor 986, Boyne Falls

4 Beds 4 Baths 2,390 SqFt Residential MLS® # 476585

$850,000

↓ $75,000

02217 Boyneland Drive, Boyne Falls

5 Beds 4 Baths 2,390 SqFt Residential MLS® # 476587

$843,000

10819 Pioneer Trail, Boyne Falls

3 Beds 3 Baths 2,150 SqFt Residential MLS® # 476558

$799,000

↓ $30,000

2561 Disciples Court Unit 6 Door 660, Boyne Falls

3 Beds 3 Baths 1,100 SqFt Residential MLS® # 475789

$699,900

↓ $25,100

3340 E Bettman Trail, Boyne Falls

4 Beds 3 Baths 2,950 SqFt Residential MLS® # 476008

$675,000

Us-131, Boyne Falls

0 Beds 0 Baths 0 SqFt Commercial MLS® # 201834714

$500,000

↓ $25,000

2481 Grove Street, Boyne Falls

3 Beds 2 Baths 2,200 SqFt Residential MLS® # 475971

$499,000

↓ $26,000

3638 Springvale Road, Boyne Falls

2 Beds 2 Baths 1,175 SqFt Residential MLS® # 475702

$489,000

3360 Hill View, Boyne Falls

3 Beds 2 Baths 2,000 SqFt Residential MLS® # 476995

$429,900

3031 Main Street, Boyne Falls

0 Beds 0 Baths 3,990 SqFt Multi-Family MLS® # 475035

$399,000

↓ $11,000

03308 Hillview Road, Boyne Falls

3 Beds 3 Baths 1,500 SqFt Residential MLS® # 476862

$395,000

02655 Condo Loop H445, Boyne Falls

2 Beds 2 Baths 950 SqFt Residential MLS® # 476577

New

$395,000

2739 Boynestadt Condo Drive Door 399c Bldg A Apt 2, Boyne Falls

2 Beds 2 Baths 985 SqFt Residential MLS® # 477091

$329,000

↓ $20,000

3190 Spring Drive, Boyne Falls

3 Beds 2 Baths 1,456 SqFt Residential MLS® # 476426

$299,999

↓ $65,001

Tbd Maple Hill Road, Boyne Falls

0 Beds 0 Baths 0 SqFt Land MLS® # 476183

$299,900

4022 Skop Road, Boyne Falls

3 Beds 2 Baths 1,716 SqFt Residential MLS® # 476994

$275,000

5289 S Us 131, Boyne Falls

3 Beds 1 Bath 1,234 SqFt Residential MLS® # 476775

$175,000

5184 River Road, Boyne Falls

2 Beds 1 Bath 883 SqFt Residential MLS® # 477008

$159,000

02797 Us 131 N C11, Boyne Falls

0 Beds 0 Baths 1,200 SqFt Commercial MLS® # 474734

$139,000

02797 Us 131 N Unit 31g, Boyne Falls

0 Beds 0 Baths 1,200 SqFt Commercial MLS® # 474733

$129,900

Tbd Us 131 N, Boyne Falls

0 Beds 0 Baths 0 SqFt Land MLS® # 475709

$99,000

02797 Us 131 N Unit 34g, Boyne Falls

0 Beds 0 Baths 1,200 SqFt Commercial MLS® # 466792

Top 20 Reasons Why Boyne Falls, MI Real Estate is a Smart Investment in 2025

Discover why Boyne Falls, MI Real Estate is booming in 2025. Learn about property types, pricing, neighborhoods, and top investment strategies.

Introduction

Nestled in the heart of Northern Michigan, Boyne Falls is quickly emerging as one of the most attractive destinations for property buyers and investors in 2025. Whether you're seeking a peaceful vacation retreat, a profitable short-term rental, or a permanent residence with access to top-tier amenities, Boyne Falls, MI real estate offers a wealth of opportunities. With scenic landscapes, outdoor adventure, and a robust tourism economy, this small town has big potential.

Overview of Boyne Falls, Michigan

History and Location

Boyne Falls is located in Charlevoix County, just a few miles from Boyne City and Lake Charlevoix. This quaint village got its name from the cascading falls of the Boyne River and has long been a hidden gem for nature lovers and adventurers.

Small-Town Charm and Scenic Beauty

The area offers a rare mix of tranquility, community spirit, and breathtaking surroundings. Forested hills, sparkling lakes, and scenic trails paint a picture-perfect setting for anyone seeking a serene lifestyle or an escape from city life.

Current Real Estate Trends in Boyne Falls, MI

Market Overview and Pricing Trends

As of 2025, property values in Boyne Falls have been steadily climbing due to high demand from seasonal visitors and remote workers. Median home prices have seen a year-over-year increase, but still remain affordable compared to larger resort towns in Michigan.

Inventory Levels and Housing Supply

Inventory remains limited, especially during peak buying seasons. This has contributed to a seller’s market, where well-priced homes are snatched up quickly—often in less than 30 days.

Types of Properties Available

Single-Family Homes

These are ideal for families and retirees looking for comfort and space. Most feature large yards, rustic designs, and proximity to local schools.

Vacation Cabins and Lodges

Popular among tourists and Airbnb hosts, these cozy cabins provide an authentic up-north experience, often with log cabin architecture and fireplace interiors.

Waterfront and Lakefront Properties

Located near Lake Louise and other smaller lakes, these properties command higher prices but offer unmatched views and recreational access.

Land and Development Opportunities

Vacant lots are still available for buyers interested in building custom homes or developing small rental communities.

Why Invest in Boyne Falls, MI Real Estate?

Proximity to Boyne Mountain Resort

One of Michigan’s premier ski resorts, Boyne Mountain attracts thousands of visitors each season—creating a year-round demand for lodging and rentals.

Year-Round Tourism Economy

From winter skiing to summer boating, Boyne Falls supports a thriving tourism industry, making it ideal for short-term rental income.

Retirement and Second Home Appeal

The peaceful environment, combined with top-notch medical services in nearby cities, makes Boyne Falls a favorite among retirees.

Strong Short-Term Rental Market

Platforms like Airbnb and VRBO show high occupancy rates for this region, especially near Boyne Mountain and Lake Louise.

Check out this video for a look at Boyne Mountain Resort in Boyne Falls, Michigan

Top Neighborhoods and Areas to Buy In

Village Center

The heart of Boyne Falls offers charming homes, walkable access to shops, and a tight-knit community feel. It's perfect for buyers who want to stay close to local events, restaurants, and Boyne Falls Public School.

Lake Louise Area

This area boasts stunning waterfront homes with panoramic views. Properties here are ideal for vacationers and investors targeting short-term rental income from nature-loving tourists.

U.S. Route 131 Corridor

Along this highway, you'll find larger parcels of land and newer developments. It's great for those seeking modern homes or land with future appreciation potential.

Cost of Living and Taxes

Property Taxes and Assessment

Michigan has relatively favorable property taxes compared to national averages. In Boyne Falls, taxes are reasonable, and residents benefit from the state’s Homestead Property Tax Credit.

Affordability Compared to Other Michigan Towns

Boyne Falls is more affordable than Traverse City or Petoskey, making it a value-packed alternative for those looking for natural beauty without the price tag of a major resort town.

Local Economy and Employment Opportunities

Tourism and Hospitality Jobs

Thanks to Boyne Mountain Resort and surrounding attractions, hospitality, service, and recreation jobs are always in demand. Seasonal employment is a major driver of the local economy.

Remote Work Opportunities

The pandemic shifted many workers into remote roles, and Boyne Falls has seen an influx of digital nomads and remote professionals seeking a peaceful environment to live and work.

Schools and Education in Boyne Falls

Boyne Falls Public School

This K-12 institution is highly regarded for its small class sizes, dedicated staff, and community involvement. It's a major draw for young families looking to relocate.

Nearby Colleges and Training Institutes

Nearby towns such as Petoskey and Gaylord offer community colleges and trade schools, providing convenient access to higher education.

Outdoor Recreation and Amenities

Skiing, Snowboarding & Winter Sports

Boyne Mountain Resort offers world-class skiing and snowboarding. Plus, the indoor waterpark and spa ensure entertainment all year long.

Hiking, Boating, and Fishing

The surrounding forests, rivers, and lakes offer unlimited access to hiking trails, boating adventures, and some of Michigan’s best fishing spots.

Real Estate Investment Strategies

Buy-and-Hold Investments

Many investors are purchasing properties to rent long-term or hold for future appreciation. This strategy has proven effective due to the region’s consistent growth.

Vacation Rentals and Airbnb

Boyne Falls is ideal for short-term rental investments. Properties near resorts or lakes perform especially well, with high occupancy during ski season and summer holidays.

Working with a Local Realtor

Navigating the Boyne Falls housing market requires insider knowledge. From zoning nuances to short-term rental potential, a local expert helps you make informed, confident decisions.

Recommended Real Estate Agencies

One standout option is Northern Michigan Escapes. Known for their deep roots in the region and exceptional property management services, they offer everything from full-service real estate representation to vacation rental guidance. Whether you're buying, selling, or investing, their team understands how to maximize your return in the Boyne Falls area.

Steps to Buying Property in Boyne Falls, MI

Financing Options

From conventional loans to FHA and USDA options, buyers have several paths. Local credit unions often provide favorable rates for primary residences and second homes.

Inspection and Title Process

As with any real estate transaction, always conduct a thorough inspection and title search. Given the region's winter climate, check for roof integrity, insulation, and water lines.

Legal and Zoning Considerations

Short-Term Rental Regulations

While short-term rentals are allowed in many parts of Boyne Falls, some HOA communities may have restrictions. Always verify the local ordinances before listing.

Building Permits and Restrictions

For new construction or remodeling, permits are issued through Charlevoix County. Setbacks, well/septic guidelines, and environmental impact assessments may apply.

Pros and Cons of Buying in Boyne Falls

Key Advantages

• Affordable pricing compared to other resort towns

• Year-round tourism economy

• Access to recreation, nature, and a close-knit community

Challenges to Consider

• Winter conditions can be extreme

• Limited inventory means quick decisions are often required

• Internet and cell service can be spotty in remote areas

Frequently Asked Questions (FAQs)

1. Is Boyne Falls, MI a good place to buy a vacation home?
A. Absolutely. With its proximity to Boyne Mountain Resort and year-round attractions, it’s ideal for vacation and investment purposes.

2. Are short-term rentals legal in Boyne Falls?
A. Yes, but check local and HOA-specific regulations to ensure compliance.

3. What is the average home price in Boyne Falls, MI?
A. As of early 2025, the average home price is between $280,000 and $420,000, depending on location and amenities.

4. How competitive is the real estate market in Boyne Falls?
A. It’s a strong seller’s market with homes often receiving multiple offers. Work with a local agent to act quickly.

5. What is the best season to buy property here?
A. Spring and late fall usually offer more inventory and slightly better pricing compared to peak tourist seasons.

6. Can I build a custom home in Boyne Falls?
A. Yes. There are still undeveloped lots available, but be sure to check zoning laws and obtain the proper permits.

Conclusion: Is Boyne Falls Real Estate Right for You?

If you're seeking a serene lifestyle, promising investment returns, and proximity to one of Michigan’s top resorts, Boyne Falls, MI real estate might just be your perfect match. With its beautiful surroundings, tight-knit community, and strong rental potential, it’s no surprise more buyers are turning their attention north. Whether you want a peaceful home, a vacation getaway, or a profitable Airbnb, Boyne Falls delivers—quietly and confidently.