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Edgewater Inn Real Estate | Charlevoix, Michigan Waterfront Living at Its Finest
Why Charlevoix Is a Hidden Northern Michigan Treasure

Nestled between Lake Michigan and Lake Charlevoix, the city of Charlevoix offers an idyllic mix of natural beauty, vibrant downtown charm, and waterfront recreation.
Known for its quaint shops, locally owned restaurants, and postcard-worthy scenery, this gem in Northern Michigan has long been a favorite getaway for both seasonal visitors and year-round residents.
Edgewater Inn sits at the very heart of it all—right on Round Lake, offering residents front-row seats to one of the most picturesque harbors in the Midwest. Whether it’s the annual Venetian Festival, a peaceful walk to Depot Beach, or a boat ride out to Lake Michigan, Charlevoix is as charming as it is accessible.
Check out this video for a look at Round Lake
What Makes Edgewater Inn Unique

A Blend of Luxury, Comfort, and Convenience
The Edgewater Inn isn’t your run-of-the-mill hotel or traditional condominium complex—it’s a condotel, blending the benefits of full condo ownership with the perks of hotel-style management. From stunning lake views to walkability to all of downtown Charlevoix’s amenities, Edgewater Inn strikes the perfect balance between low-maintenance luxury and high-return investment.
Plus, the onsite staff handles bookings, cleanings, and guest services, making it an ideal turnkey solution for those looking to generate rental income with zero hassle.
Property Features & Amenities

Waterfront Views, Pools, and More
Edgewater Inn boasts a wide variety of resort-style amenities designed to elevate your living or vacation experience:
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Indoor/Outdoor Pool: Swim all year round regardless of the season.
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Hot Tub & Sauna: Relax after a day on the slopes or on the lake.
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Fitness Center: Stay healthy without leaving the property.
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Private Balconies: Most units come with waterfront views.
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Dock Access: Ideal for boating enthusiasts.
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Onsite Management & Housekeeping: Perfect for investors however, you have to use the onsite management team, self-management is not allowed..
These offerings make the Edgewater Inn more than just a place to sleep—it’s a lifestyle upgrade.
Unit Types & Layouts

Studio, One-, and Two-Bedroom Options
Edgewater Inn features a variety of floor plans to suit different buyer needs:
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Studios: Cozy and efficient, perfect for solo travelers or weekend getaways.
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One-Bedroom Units: Ideal for couples or small families.
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Two-Bedroom Units: Great for larger families or groups; often come with vaulted ceilings and more spacious layouts.
Each unit is privately owned, meaning decor and upgrades vary. This gives you flexibility whether you're looking for a move-in-ready condo or a blank canvas to renovate.
Interior Design & Upgrades

Style Meets Function
While each unit is individually styled, many feature:
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Updated kitchens with granite countertops
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Open-concept living areas
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Luxury vinyl plank or hardwood flooring
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Gas fireplaces
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Modern bathrooms with tiled walk-in showers
Some units have even been renovated from top to bottom, maximizing both aesthetic appeal and rental value. When shopping for a unit, buyers should prioritize updated interiors, which tend to fetch higher rental rates and resale prices.
Investment Potential

Vacation Rental ROI, Appreciation Trends
The demand for vacation rentals in Northern Michigan has skyrocketed in recent years, and Edgewater Inn is one of the most sought-after properties in Charlevoix. Why? Location, walkability, and lakefront access.
Owners enjoy:
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Consistent Booking Demand: Especially during summer and ski seasons.
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Onsite Rental Management: Takes the guesswork out of operations.
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Premium Nightly Rates: Due to prime location and resort-style amenities.
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Property Appreciation: Northern Michigan real estate has shown steady gains.
If you're looking to invest, this condotel offers the rare combination of income-producing potential and long-term equity growth.
Real Estate Market Trends

Median Prices, Demand, and Historical Data
Edgewater Inn’s value isn’t just in its waterfront setting—it’s also reflected in its stable and steadily appreciating property values. In recent years, the Charlevoix real estate market has experienced a notable upswing, driven by increased demand for both vacation homes and investment properties.
Here’s a quick snapshot of recent trends:
| Year | Median Sale Price (Edgewater Inn Units) | Year-over-Year Appreciation |
|---|---|---|
| 2021 | $280,000 | +6.3% |
| 2022 | $300,000 | +7.1% |
| 2023 | $322,000 | +7.3% |
| 2024 | $345,000 (estimated) | +6.9% |
Demand continues to outpace supply, particularly during peak listing seasons (spring and early summer). As the pandemic shifted more buyers toward second homes and remote-friendly work setups, places like Edgewater Inn saw an influx of interest. With Northern Michigan's year-round appeal, real estate experts believe the upward trajectory will continue.
Comparable Communities
How Edgewater Stands Out from Other Condotels
While Charlevoix boasts several notable vacation properties, few can match the Edgewater Inn’s prime waterfront access and full-service amenities.
Here’s how it compares:
| Feature | Edgewater Inn | Weathervane Terrace | Pointes North Inn |
|---|---|---|---|
| Waterfront Access | ✅ Yes | ❌ No | ✅ Partial |
| Indoor/Outdoor Pool | ✅ Yes | ❌ No | ❌ No |
| Onsite Rental Program | âś… Yes | âś… Yes | âś… Yes |
| Downtown Walkability | âś… Excellent | âś… Excellent | âś… Excellent |
| Sauna/Fitness Center | ✅ Yes | ❌ No | ❌ No |
Edgewater Inn is simply in a league of its own when it comes to combining convenience, comfort, and profitability.
Life at the Edgewater

Owner Perks, Community Feel
Owning a unit at Edgewater Inn means more than just holding title—it means becoming part of a community that values the Charlevoix lifestyle.
Owners enjoy:
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Priority Booking: Block off weeks for personal use before rentals open.
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Community Events: Get-togethers, festivals, and social mixers.
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Friendly Onsite Staff: Help with everything from maintenance to guest issues.
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Secure Building Entry: Ensures peace of mind when you’re away.
Whether you’re using your unit as a personal getaway, rental investment, or a blend of both, the lifestyle here is stress-free and fulfilling.
Proximity to Attractions

Beaches, Downtown, Marina, Restaurants
One of Edgewater Inn’s biggest draws is its walkability. Within minutes, you can reach:
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Charlevoix City Marina: Watch yachts and sailboats dock in the harbor.
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Downtown Charlevoix: Boutiques, cafes, and art galleries line Bridge Street.
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The Drawbridge: A favorite spot for photos and boat-watching.
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Earl Young Mushroom Houses: Explore these whimsical stone homes on a walking tour.
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Beaches: Both Lake Michigan and Lake Charlevoix beaches are within easy reach.
Whether you’re into water sports, fine dining, or just relaxing by the lake, this location has it all.
Year-Round Appeal
Seasonal Lifestyle Benefits
Charlevoix shines in every season:
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Spring: Cherry blossoms, tulips, and farmers markets.
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Summer: Boating, swimming, kayaking, and festivals.
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Fall: Vibrant foliage, hiking trails, and wine tastings.
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Winter: Snowshoeing, nearby skiing at Boyne Mountain, and holiday lights downtown.
This diversity makes Edgewater Inn ideal for both full-year enjoyment and maximizing rental income. Guests and owners alike appreciate having something to do every month of the year.
HOA Details & Ownership Structure
What Buyers Need to Know
Edgewater Inn operates under a homeowners’ association (HOA) that oversees maintenance, amenities, and the rental program. Here are key highlights:
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Monthly Dues: Typically range from $300–$500, depending on unit size.
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What’s Included: Water, sewer, trash, cable, internet, pool maintenance, fitness center, building insurance, and reserve funds.
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Rental Program Participation: Optional, but most owners take advantage of the hands-off income stream.
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HOA Management: Professionally managed with regular meetings and transparent communication.
It’s a well-oiled machine that keeps things clean, updated, and running smoothly.
Buyer Guide
Financing, Taxes, and Closing Tips
If you're considering buying at Edgewater Inn, here are some tips to help:
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Financing: Not all lenders finance condotels. Work with brokers familiar with this property type.
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Insurance: Often bundled into HOA dues, but consider additional personal property coverage.
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Tax Benefits: Deductions may be available if you rent your unit. Consult your CPA.
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Closing Process: Quick and straightforward with proper documentation. Expect earnest money, HOA disclosures, and inspections.
Tip: Work with a local expert like Brook Walsh, who knows the nuances of Northern Michigan condotel sales.
Seller Strategies
Staging, Timing, and Marketing Tips
Thinking of selling your Edgewater Inn unit? Here’s how to do it right:
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Staging: Clean, declutter, and consider light renovations to boost perceived value.
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Best Time to List: Spring and early summer capture peak buyer interest.
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Marketing: Professional photos, SEO-optimized listings, and placement on BrookWalsh.com ensure visibility.
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Leverage Rental Data: Share your income records to appeal to investors.
With limited inventory, well-presented units can sell quickly and profitably.
Working with a Local Expert

Why BrookWalsh.com is the Go-To Choice
Navigating the Charlevoix real estate market—especially unique properties like Edgewater Inn—requires more than a general understanding. You need a local expert who understands the nuances of waterfront condos, condotel ownership, investment potential, and how to market your property for maximum exposure.
Here’s why buyers and sellers alike trust Brook Walsh:
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Deep Local Knowledge: Brook was born and raised in Northern Michigan and knows the Edgewater Inn like the back of his hand.
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Tech-Driven Marketing: With a background as a technology executive, Brook leverages SEO, Google Ads, and digital targeting to get properties seen.
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Proven Success: Involved in over $500M in real estate transactions with a focus on Northern Michigan’s vacation and investment markets.
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Investor Insight: Brook owns vacation properties himself and understands what brings in a high return.
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One-on-One Guidance: You’ll work directly with an employing broker who values your goals—not be passed off to a junior agent.
Whether you’re looking to buy your dream getaway or sell for top dollar, Brook offers the personal touch and strategic know-how to make it happen.
Testimonials & Owner Stories
Real Voices from the Community
“We bought our Edgewater Inn unit sight unseen with Brook’s guidance. He helped us every step of the way and even recommended a great contractor for upgrades. Now, it’s our family’s favorite place and generates strong rental income!”
— Kelly D., Chicago, IL
“Brook understood our vision immediately and sold our condo within a week. His marketing was sharp and his network deep. Couldn’t be happier.”
— Mike and Jenna H., Petoskey, MI
“Owning at Edgewater is like joining a small-town luxury club. Great amenities, even better people, and being right in downtown Charlevoix? Unbeatable.”
— Sam R., Grand Rapids, MI
These are just a few stories among many. Edgewater Inn continues to impress its residents with quality, consistency, and community spirit.
Sustainability and Maintenance
Efficiency, HOA Management Quality
Edgewater Inn's HOA is committed to maintaining property value and aesthetic appeal. Recent improvements and sustainability efforts include:
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LED lighting throughout hallways and common areas.
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Smart thermostats in many upgraded units.
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Routine exterior maintenance including landscaping and dock care.
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Professional cleaning services and housekeeping that meet hotel-grade standards.
These thoughtful updates reduce long-term costs while preserving the property’s attractive appearance and functionality.
Pet and Rental Policies
What’s Allowed and What’s Not
While Edgewater Inn is rental-friendly, there are rules in place to maintain community harmony:
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Short-Term Rentals: Allowed, especially beneficial with onsite booking services.
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Pet Policy: Pets are not allowed for renters but may be permitted for owners (subject to board approval).
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Noise Ordinance: Quiet hours are enforced after 10 p.m. to ensure all guests enjoy their stay.
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Smoking Policy: Smoke-free units and common areas—another perk for health-conscious guests.
Make sure to review the full HOA rules before purchasing, especially if you plan to rent.
Future Development in Charlevoix
Impact on Property Values
Charlevoix continues to invest in its future while retaining its small-town charm. Recent and upcoming projects that may influence Edgewater Inn’s value:
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Harbor upgrades and expansion to accommodate more boaters and tourism.
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Downtown beautification projects including lighting, sidewalks, and signage.
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Increased marketing from the local tourism bureau bringing in more year-round visitors.
These developments bode well for long-term appreciation and rental income for properties like Edgewater Inn.
Frequently Asked Questions

1. Is Edgewater Inn a good investment property?
A. Absolutely. With prime location, professional rental management, and a track record of high occupancy rates, Edgewater Inn units offer strong ROI potential.
2. Can I finance a condo at Edgewater Inn?
A. Yes, though not all lenders finance condotels. It’s best to work with a local lender familiar with the Edgewater Inn’s unique structure.
3. How much can I earn in rental income annually?
A. It varies based on the size of your unit, upgrades, and seasonality—but many owners report gross incomes between $20,000 to $45,000 per year.
4. Do I have to handle bookings myself?
A. Nope. The onsite team manages bookings, cleanings, and guest services. Owners can also use third-party platforms, but most stick with the built-in solution.
5. What are the monthly HOA fees?
A. Typically between $300–$500 per month, depending on unit size. These fees cover many essentials including insurance, internet, and amenities.
6. Can I use my unit anytime I want?
A. Yes! As the owner, you can reserve time for personal use and then block out other dates for rentals.
Conclusion

Your Next Chapter Awaits at Edgewater Inn
Edgewater Inn offers the rare trifecta: an incredible location, full-service amenities, and a rock-solid investment opportunity. Whether you’re searching for a serene escape, a family vacation hub, or a smart income-producing asset, this Charlevoix gem delivers in spades.
Don’t wait to claim your slice of waterfront paradise—Edgewater Inn units are limited and in high demand.
Let BrookWalsh.com be your guide to this unique lifestyle. With unmatched local knowledge, investment insight, and dedication to service, Brook can help you buy or sell with confidence.
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