Residential Land with Home for Sale in Gaylord, Michigan
3551 W Otsego Lake Dr Gaylord, MI 49735
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.
Directions
From Gaylord, S Otsego Ave, RIGHT on N Otsego Lake Rd, continue on W Otsego Lake Rd. Property on Left.
Location
- Street Address
- 3551 W Otsego Lake Dr
- County
- Otsego County
- Community
- T30N R3W
- School District
- Gaylord
- Elevation
- 1,283 feet
Property details
- Zoning
- RR
- MLS Number
- WWMLS 201831189
- Date Posted
Property taxes
- 2023
- $6,046
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Cabin
Lot
- Features
- Waterfront
Structure
- Materials
- Frame
Exterior
- Parking Spots
- 2
- Parking
- Garage
- Features
- Cable TV, Deck, Packing Shed, Shed, Sprinkler System
Interior
- Rooms
- Bathroom x 4, Bedroom x 5, Dining Room, Family Room, Kitchen, Living Room, Utility Room
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer
- Features
- Doorwall, Hardwood Floors, Vaulted Ceilings, Wood Laminate
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Gaylord | Elementary | Gaylord | — |
| Gaylord | High | Gaylord | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 14, 2024 | New listing | $1,200,000 | — | WWMLS |