Price Reduction - Waterfront
Address
5408 E Martin Lake Drive, Gaylord, MI
Price
$ 225,000
Property Attributes
  • MLS#201840778
  • TypeSingle Family
  • Listing Status Active w/Contingencies
  • CountyOtsego
  • CityGaylord
  • AreaElmira
  • NeighborhoodMartin Lake Sub
  • Zip49735
  • Style1+ Story
  • Year Built1968
  • Price$ 225,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1776
Data Source:
Water Wonderland MLS (WWMLS)
Property Description

Enjoy 100 feet of private frontage on beautiful Martin Lake with this spacious 4-bedroom home. The expansive upper-level ensuite spans the entire floor, creating a true retreat. Recent updates include a newer furnace, central AC, engineered septic system, pole barn, vinyl plank flooring, and numerous stylish interior improvements. Step outside to a large lakeside deck where you can relax and take in breathtaking west-facing sunsets over the water. Gorgeous landscaping enhances the setting, offering both beauty and privacy. Perfectly located just minutes from downtown Gaylord, 15 minutes to Boyne Mountain, and 30 minutes to Boyne City, this property combines modern comfort with the best of Up North lake living. Cash only sale. 2 other lots available for $20,000

Price History
6/12/2026 Listed $250,000
8/23/2026 10$225,000

General Features

Sewer Septic Tank
Heating Central Air,Forced Air,Propane,Wood Stove
Appliances Water Heater,Washer,Range/Oven,Refrigerator,Dryer,Dishwasher
Architectural Style 1+ Story
Year Built 1968
Township Elmira
Property Subtype Residential Water
County Otsego
New Construction No
Property Type Residential
Subdivision Name Martin Lake Sub
Garage Y/N true
Full Baths 2
Status Active w/Contingencies
Directions M32 West to E Martin Lake.
High School Gaylord
City Gaylord
High School District Gaylord
Carport Y/N No
Elementary School Gaylord
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active Under Contract
Ownership Type Owner
MobileHomeRemainsYN No
Senior Community None
Utilities@Core.Permissions None

Interior Features

Interior Amenities Blinds,Wood Laminate
Basement None
Flooring Tile
Heating Y/N true
Above Grade Finished Area 1836
Laundry Features Lower Level
Total Bedrooms 4
Total Baths 2

Exterior Features

Exterior Amenities Deck,Dock,Landscaped,Natural,Pole Building,RV Parking,Shed
Lot Size Area 34848
Foundation Details Crawl,Piers/Posts
Spa No
Building Area Total 1776
Lot Dimensions 100x355
Road Surface Type Gravel,Maintained
Frontage Type Lake
Waterfront Y/N true
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Exterior_sp_Features_co_Dock true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49735

Price
AVG $440K
$230K
Year Built
AVG 1984
1968

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