Granot Loma Estate For Sale For $40 Million

by Deidre Woollard (RSS feed)
May 13th 2009 at 8:01AM

Granot Loma in Michigan's Upper Peninsula is an amazing piece of property. The home is a National Historic Landmark begun by Louis and Marie Kaufman in 1919 and restored in 1987 by bond trader Tom Baldwin.The listing reveals that President Gerald Ford intended to transform Granot Loma into his Western White House, Louis Graveraet Kaufman finalized plans for the Empire State building and creation of General Motors in its Great Room and Muhammad Ali attempted to buy it in the early 70s.

The property reportedly cost $2 million to build, a huge figure for the time.The log palace on the shores of Lake Superior took the work of hundreds of craftsman to finish. The 26,000-square-foot main lodge has been described as Michigan's Biltmore Estate. It is built on a steel frame of concrete and log construction and includes a truly massive great room that is 23' wide by 62' long with a 24' high open-beamed ceiling and a stone fireplace built so large men can walk into it carrying four foot logs. The lodge includes 30 stone fireplaces, all of different design, his-and-hers wine cellars and a castle-like expanse of rooms each decorated in a quirky country style (you could populate a small museum with the taxidermy alone).

Three structures near the Lodge are preserved, awaiting restoration. Up the road Loma Farms has fields, houses, barns, stables, 13 structures in all, there's a batting cage, an archery range, and more. In total the property includes 7.76 square miles with 3.64 miles of frontage on Lake Superior, including 1.1 miles of fine sand beach and a small private island. The Lodge, Loma Farms, a mountain, private island and 6,000' of frontage on Lake Superior is offered as a package at $14 million and the price for the entire property is $40 million.

A video presentation is after the jump.