The estate on the shores of Lake Michigan in the picturesque northern Michigan town of Charlevoix is on the market for the first time in 40 years.

A new report by Lake Homes Realty ranks Walloon Lake as the most expensive lake homes market by average listing price in the U.S.

Located on Lake Michigan’s Little Traverse Bay — at the far-flung “tip of the mitt” — Harbor Springs has been a resort destination, mostly for Midwesterners, since the 1850s. Come ...