2.4 Acres of Residential Land with Home for Sale in Gaylord, Michigan

3551 W Otsego Lake Dr, Gaylord, MI 49735

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$1,300,000
2.4 acres
Active sale agoEst $7,540/mo

Possibilities abound for this unique, multifamily property on Otsego Lake. 4 cottages with excellent short- and long-term rental history, 150' of beautiful, sandy Otsego Lake frontage and 2.4 acres of prime property. Only a handful of lots this size still exist on Otsego Lake. Two cottages were built in 2015, Two renovated. Shared 20x20 garage for storage, private water system, newer pump-back septic system upgraded in 2015. The lot size gives you the option of adding additional cottages or a larger residence. There is also room for a large outbuilding, which could be divided for separate storage. Great return on investment as-is, or expand for even higher potential.

3,169
Sq feet
7
Beds
4
Full baths

Directions

From Gaylord, S Otsego Ave, RIGHT on McCoy Rd, LEFT on Dickerson Rd, RIGHT on N Otsego Lake Rd, continue on W Otsego Lake Rd. Property on Left.

Property details

Community
T30N R3W
School District
Gaylord
Zoning
RR
Elevation
1,283 feet
MLS Number
WWMLS 201825744
Date Listed

Property taxes

2022
$5,772

This 2.4-acre property is located at 3551 W Otsego Lake Dr in Gaylord, MI 49735. The property is currently available for sale for $1,300,000. It has a 3,169 sq ft 7 bedroom, 4 bath house. Listing data is sourced from Water Wonderland Board of Realtors # 201825744.

Verify sale details at the property source or contact Smith Realty GROUP at (989) 732-2477.

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Copyright (C) 2024 Water Wonderland Board of Realtors (R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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