MI > Otsego > Gaylord > 3551 W Otsego Lake Drive

$1,300,000

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  • 7 Bedrooms
  • 4 Full Bath
  • 3,169 SqFt
  • MLS# 201825744
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Real Estate One of Alpena, Houghton, and Higgins Lake

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
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.

Property Information

Status
Active 
Address
3551 W Otsego Lake Drive 
City
Gaylord 
Zip
49735 
County
Otsego 
Township
Bagley 
Possession
at close 
Zoning
RR
Property Type
Residential Water
Subdivision
T30N R3W 
Total Finished SqFt
3,169 
Above Grade SqFt
3,169 
Garage
2.0 
Garage Desc.
Detached/UN 
Waterfront
Waterfront Desc
Water Front 
Waterfrontage
150.0 
Body of Water
Otsego Lake 
Water
Well
Sewer
Septic
Home Style
Cabin 

School Information

School District
Gaylord 
Elementary School
Gaylord 
High School
Gaylord 

Taxes

Taxes
$5,772 

Rooms and Land

MasterBedroom
10'1''x8'11''
Bedroom2
10'1''x8'11'' 1st Floor
Bedroom3
13'8''x8'8'' 1st Floor
Bedroom4
13'x8'7''
Living
17'7''x13'7'' 1st Floor
Kitchen
11'9''x11'11'' 1st Floor
Dining
Combo 1st Floor
Bath1
8'11''x5' 1st Floor
Bath2
8'11''x5' 1st Floor
Bath3
13'x5'1'' 1st Floor
Bath4
5'x7' 1st Floor
Other
8'2x6' 1st Floor
Other2
8'2x6' 1st Floor
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 
Acreage
2.4 
Lot Dimensions
2.4 acres 
Appliances
Dishwasher, Microwave, Range/Oven, Refrigerator 

Features

Interior Features
Doorwall, Vaulted Ceilings, Wood Laminate 
Exterior Materials
Vinyl 
Exterior Features
Cable TV, Deck, Shed, Sprinkler System 

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  • Market Statistics
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  • Schools Information
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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
201825744 Active Aug 11 2023 10:20AM $1,300,000 263
201825733 Active Aug 10 2023 2:50PM $1,300,000 263
School Information
Local Business

Learn More About This Listing

Real Estate One of Alpena, Houghton, and Higgins Lake

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Smith Realty Group
Office Address 1349 S. Otsego Ave. P.o. Box 309

3551 W Otsego Lake Drive Gaylord
Contact us
$1,300,000
For Sale • Bed: 7 • Bath: 4/0