Real Estate Statistics
Average Price | $507K |
---|---|
Lowest Price | $99K |
Highest Price | $999K |
Total Listings | 20 |
Avg. Price/SQFT | $307 |
Property Types (active listings)
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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
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Affordable pricing compared to other resort towns
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Year-round tourism economy
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Access to recreation, nature, and a close-knit community
Challenges to Consider
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Winter conditions can be extreme
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Limited inventory means quick decisions are often required
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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.
"I have significant experience buying and selling Boyne Falls real estate and I'd like to help you find the perfect home. Send me a message or give me a call at 231.459.3179 to learn more today."
Continue Your Northern Michigan Real Estate Search
Explore homes and real estate in the Northern Michigan communities below or contact Brook Walsh to help you with your search.
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