Real Estate Statistics
| Average Price | $2.3M |
|---|---|
| Lowest Price | $359K |
| Highest Price | $5.9M |
| Total Listings | 5 |
| Avg. Price/SQFT | $927 |
Property Types (active listings)
Round Lake Real Estate Listings
- All Listings
- $300,000 - $400,000
- $400,000 - $500,000
- Over $1,000,000
Round Lake Real Estate | Charlevoix, MI Hidden Gem + Top 20 Insights
Introduction to Round Lake Real Estate
If you're seeking an idyllic lakefront lifestyle where natural beauty meets small-town charm, Round Lake in Charlevoix, Michigan, might just be your dream come true. Tucked between Lake Charlevoix and Lake Michigan, this peaceful, deep-water haven is more than just a boating hotspot—it’s also home to some of Northern Michigan’s most sought-after real estate.
Why Round Lake is a Prime Location
Historical Charm Meets Modern Living
Originally known as Pine Lake, Round Lake was renamed for its distinct shape. The surrounding neighborhoods, especially in Charlevoix, blend historic elegance with contemporary updates. The area's history lends a timeless appeal to homes, whether you’re eyeing a restored Victorian or a sleek, modern build.
Charlevoix, MI: The Gateway to Round Lake
Overview of Charlevoix Lifestyle
Known for its storybook architecture, vibrant downtown, and welcoming community, Charlevoix delivers a rich lifestyle filled with boutique shopping, gourmet dining, and art festivals. It’s no surprise that residents and vacationers alike are enchanted year-round.
Accessibility and Infrastructure
Round Lake is centrally located, allowing easy access via US-31 and nearby Charlevoix Airport. The ease of travel enhances both rental potential and long-term livability.
Property Types on Round Lake
Waterfront Homes
Think private docks, panoramic windows, and decks overlooking sparkling water. These homes are high in demand for their proximity to the lake and timeless Northern Michigan charm.
Condominiums and Townhomes
Perfect for seasonal residents or those seeking a low-maintenance option, many condos offer luxurious amenities like boat slips, pool access, and walkability to downtown Charlevoix.
Luxury Estates and Custom Builds
High-end buyers can choose from expansive estates with chef kitchens, wine cellars, smart home features, and designer finishes. Many also offer tiered landscaping and private beaches.
Real Estate Market Trends
Median Prices and Value Appreciation
Round Lake homes are appreciating steadily. The average home price is above $750,000, and lakefront properties often exceed $1 million due to limited inventory and high demand.
Inventory and Buyer Demand
Properties here rarely stay on the market long. Multiple offers are common, especially for turnkey or updated homes.
Seasonal Market Fluctuations
Spring and summer bring the most listings and buyer activity, while winter is favored for negotiating deals.
Neighborhoods Around Round Lake
Downtown Charlevoix Proximity
Walkability to shopping, marinas, and restaurants adds undeniable value to properties within a few blocks of Bridge Street.
Loeb Bay Area
This quieter residential section appeals to families and retirees looking for tranquility without sacrificing access to amenities.
Venetian Neighborhood
Known for its nautical charm and upscale feel, the Venetian district offers some of the most exclusive Round Lake homes.
Check out this video for a look at Lake Charlevoix
Round Lake for Investors
Short-Term Rental Potential
Vacationers love Round Lake. With NorthernMichiganEscapes.com managing seasonal rentals, properties can generate impressive ROI during peak months.
Long-Term Rental Yields
If you're considering holding a property for passive income, Charlevoix’s year-round appeal makes long-term rentals viable too.
ROI Boost with Renovation Projects
Flipping older lake cottages into modern getaways is a trend that continues to pay dividends. Think quartz counters, shiplap, and spa-like bathrooms.
Living the Lake Life
Boating, Fishing, and Water Activities
Round Lake connects to Lake Charlevoix and Lake Michigan, making it a boater’s paradise. You’ll see everything from kayaks to yachts navigating these blue waters.
Dining, Shopping, and Entertainment
Explore local favorites like The Villager Pub or Stafford’s Weathervane, browse artisan markets, or catch live music at the waterfront amphitheater.
Events and Festivals on the Water
The Venetian Festival, Fourth of July Fireworks, and Apple Fest bring thousands to Charlevoix each year—and Round Lake offers front-row seats.
Year-Round Lifestyle Advantages
Summer Sunsets and Sandbars
Golden hour on Round Lake is nothing short of magical. Many residents take evening pontoon rides or enjoy drinks on their decks.
Fall Colors and Local Harvests
The crisp air, vibrant foliage, and access to orchards and pumpkin patches make autumn unforgettable.
Winter Sports and Cozy Views
Snowshoe trails, skiing at nearby Boyne Mountain, and hot cocoa by the fire are winter rituals for locals.
Schools, Healthcare, and Community Perks
Top-Rated Schools in Charlevoix
The Charlevoix Public School System boasts small class sizes and highly engaged educators—ideal for growing families.
Health and Wellness Facilities
With Munson Healthcare nearby and multiple wellness clinics, Round Lake residents are well-supported in mind and body.
Community Engagement and Safety
A low crime rate, active neighborhood associations, and family-friendly atmosphere define this lakeside haven.
Navigating the Buying Process
Working with a Local Agent
Partnering with a real estate professional who knows Round Lake and Charlevoix inside out is crucial. A local expert from BrookWalsh.com can help you identify hidden gems, avoid overpaying, and navigate complex waterfront regulations.
Financing Options and Pre-Approvals
Waterfront properties can come with unique lending requirements. Be prepared with a pre-approval from a lender experienced in vacation or second homes. Jumbo loans are common for Round Lake’s luxury homes, and having your finances in order can make all the difference in competitive bidding.
Inspections and Legal Considerations
Always insist on a professional inspection—especially for older lakefront homes where moisture, shoreline erosion, or dock regulations may come into play. Title searches, easements, and local zoning codes also warrant close review.
Spotlight: Featured Listings on Round Lake
Top 3 Luxury Homes Currently for Sale
These elite listings boast private waterfront access, gourmet kitchens, expansive outdoor living spaces, and smart home features. Some even offer guest homes or carriage houses for added investment potential.
Best Value Lakefront Properties
Looking for a deal? Certain older cottages or mid-century homes may need cosmetic updates but are structurally sound and affordably priced compared to newer construction.
Newly Renovated Charlevoix Cottages
Fully updated and move-in ready, these cottages are ideal for seasonal living or immediate short-term rental. Think: whitewashed walls, hardwood floors, and lake-view decks.
Tips for First-Time Buyers
Questions to Ask Your Realtor
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Is this property zoned for short-term rentals?
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What are the average utility costs year-round?
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How is the shoreline maintained or regulated?
How to Prioritize Needs vs. Wants
While it’s tempting to chase lake views, focus first on essentials: solid construction, location, and year-round usability. Luxury upgrades can come later.
Tips for Sellers on Round Lake
Staging Waterfront Homes Effectively
Maximize light, declutter indoor and outdoor spaces, and highlight unique features like docks, fireplaces, or lake access. Show the lifestyle, not just the square footage.
Marketing Strategies for Premium Listings
High-quality photography, drone footage, and SEO-optimized listings on BrookWalsh.com can elevate your home's visibility. Consider video tours and 3D walkthroughs for out-of-state buyers.
When’s the Best Time to Sell in Charlevoix?
Late spring to early fall typically brings the most foot traffic and the highest offers. Serious buyers come out early—so don’t wait too long!
Real Estate Services by BrookWalsh.com
Buyer Representation and Strategy
With years of experience and deep local roots, Brook Walsh provides expert negotiation, neighborhood insights, and a tech-forward home search experience tailored to you.
Investment Guidance and Market Reports
Looking to invest? Tap into Brook’s data-driven reports, forecasting ROI, rental demand, and appreciation potential for Round Lake properties.
Property Management with NorthernMichiganEscapes.com
Own a vacation home but don’t want the day-to-day hassle? Let Northern Michigan Escapes handle bookings, guest services, cleanings, and maintenance while you collect passive income.
External Resources and Data Sources
Charlevoix County Tax and Zoning Info
Stay informed with up-to-date property tax rates and zoning codes via the Charlevoix County Government Website.
Michigan DNR: Lake Water Quality Reports
Review water quality data, conservation efforts, and lake ecology at the Michigan DNR Water Resources Division.
FAQs About Round Lake Real Estate
Q. Is Round Lake swimmable and boat-friendly?
A. Absolutely. Round Lake is deep, clean, and perfect for boating, swimming, paddleboarding, and jet skiing. It connects to Lake Charlevoix and Lake Michigan.
Q. Are there HOA fees or restrictions?
A. Some neighborhoods and condo associations have HOA fees that cover maintenance, snow removal, or dock upkeep. Always confirm with your agent.
Q. How competitive is the local market?
A. Very competitive, especially in spring and early summer. Inventory is limited and properties often receive multiple offers within days.
Q. What’s the average home price on Round Lake?
A. Prices range widely depending on location and amenities. Expect to pay $600,000–$1.5M+, with premium properties reaching even higher.
Q. Can I rent out my lake home seasonally?
A. Yes! Many owners list on platforms like Airbnb or use NorthernMichiganEscapes.com for full-service management.
Q. What’s the best time to buy?
A. Fall and winter often provide better pricing and less competition, but spring brings more inventory. It depends on your priorities.
Conclusion: Your Lakefront Dream is Calling
Why Now is the Right Time
Whether you're a year-round resident, seasonal homeowner, or savvy investor, Round Lake offers a rare combination of beauty, value, and lifestyle. With rising demand and limited supply, now is a golden opportunity to claim your slice of waterfront paradise.
Partnering with Brook Walsh for Success
From navigating the market to managing your investment, Brook Walsh and his trusted team offer end-to-end support. With a reputation for responsiveness, integrity, and local expertise, Brook is your go-to real estate partner for all things Round Lake.
Contact and Call-to-Action
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Explore Properties Now at BrookWalsh.com
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Maximize Your ROI with Northern Michigan Escapes
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Contact Brook Walsh for personalized buying or selling advice.
Continue Your Northern Michigan Real Estate Search
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