3 months on rocket

3571 W Otsego Lake Dr, Gaylord, MI, 49735

$1,250,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,733 SqFt
$335/SqFt
House

Location

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3571 W Otsego Lake Dr, Gaylord$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt, Attached, Detached, Garage, Garage Door Opener
Attached Garage5 spaces
Year Built1969
HeatingBaseboard, Natural Gas, Radiant
CoolingCentral Air
BasementYes
WaterfrontLake Front, Waterfront
FireplaceGas, Basement, Living Room, Wood Burning, Wood Burning Stove
ViewBeach, Lake
MLS #282210
Lot Size1.81 Acres
StatusActive

About 3571 W Otsego Lake Dr

1. Welcome to your dream lakefront home at 3571 W Otsego Lake Drive, Gaylord, MI! This stunning property offers unparalleled luxury and tranquility on nearly 2 acres with almost 300 feet of pristine Otsego Lake frontage. The expansive sandy beach, complete with a beach house featuring a full bath, bedroom, and living room, sets the stage for endless summer fun. Enjoy beach volleyball or relax on your dock and boat lift, both included with the property. This spacious home boasts 5 bedrooms and 4 baths, with 3 bedrooms featuring private entrances for added convenience and privacy. The kitchen has been completely remodeled, featuring stainless steel appliances, a commercial-grade ice maker, and honed granite countertops. The open-concept design enhances the flow and functionality of the space, perfect for entertaining. Additional highlights include a walk-out basement, whole-home generator, a new metal roof (2023), and fresh paint throughout most of the first floor. The attached 2-car garage and a 32x40 detached garage provide ample storage and workspace. The property also includes recent improvements such as the removal of 16 trees and an expanded beach area to almost 300 feet of sandy frontage. Don't miss the updated fireplace that adds a touch of modern elegance to the living area. Best of all, this home is being sold furnished, offering you a seamless move-in experience. As an added bonus, the current owners generate $50,000 in the summer by renting the property on Airbnb when not in use, making it not just a beautiful retreat, but a lucrative investment as well. Embrace the ultimate lakefront lifestyle with this extraordinary propertyyour perfect retreat awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1969
  • Stories: 1
  • Living Area: 3,733 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Lansing-East
  • Office Phone: (517) 853-1200
  • Listing Agent: Brooks Warner

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Oven, Gas Water Heater, Ice Maker, Stainless Steel Appliance(s), Washer, Refrigerator, Gas Range, Dryer, Dishwasher, Bar Fridge
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior: Bar, Cedar Closet(s), Ceiling Fan(s), Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar
  • Fireplace: Gas, Basement, Living Room, Wood Burning, Wood Burning Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront
  • View: Beach, Lake
  • Exterior: Dock

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: Asphalt, Attached, Detached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Back Yard, Few Trees, Front Yard, Landscaped, Private, Waterfront
  • Lot Size: 1.81 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Old Alba Rd to Fowler Lake Rd, Turn East onto W Otsego Lake Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $335/SqFt
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Housing Market Comparison

See how this home compares to others in Gaylord, MI.

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Gaylord, MI

City

Med. Sold Price

$275K

Med. Price/SqFt

$132

Avg. Days On Market

52

# of Sold Homes

22

3571 W Otsego Lake Dr vs Gaylord

119 DAYS ON ROCKET

+67 Days

$1,250,000

+$975K More

$335/SqFt

+$202 More

KEY TAKEAWAY

This property is $975K more than the Median Sold Price and $202/SqFt more than other homes in Gaylord, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Lansing Association of REALTORS®
  • MLS Number: #282210

Listing Office:

  • Office Name: Keller Williams Realty Lansing-East
  • Office Phone: (517) 853-1200
  • Listing Agent: Brooks Warner

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2024 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $284,200
2019 - $255,200
2018 - $202,600
2017 - $200,400

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-525399
4
/10

  • South Maple Elementary School

  • 650 E 5th St

  • 3.31 miles

  • Public District Grades PK-3

school-card-donut-525400
5
/10

  • North Ohio Elementary School

  • 912 N Ohio Ave

  • 4.14 miles

  • Public District Grades PK-3

school-card-donut-525401
5
/10

  • Lewiston Elementary School

  • 4580 Montmorency St

  • 20.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,054. The most common annual income of people living in Gaylord, MI is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3571 W Otsego Lake Dr

What is the listing price of this property?

The listing price of 3571 W Otsego Lake Dr property is $1,250,000.

What type of property is this?

The property 3571 W Otsego Lake Dr is a house located in Gaylord, Michigan, 49735.

Is this property for sale now?

Active Listing: 3571 W Otsego Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3571 W Otsego Lake Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 3571 W Otsego Lake Dr is 3,733 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3571 W Otsego Lake Dr is 1969.

Rocket Homes›Michigan›Otsego County›Gaylord›49735›3571 W Otsego Lake Dr

This home is located at 3571 W Otsego Lake Dr in Gaylord, MI and zip code 49735. This 3,733 square foot home, which was built in 1969, sits on a 1.81 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $1,250,000.

Gaylord, MI housing market in October 2024 saw over 3 listings sold above listed price, more than 7 sold at listed price and over 12 sold below. Between September 2024 and October 2024, Gaylord, MI real estate market has seen increase in the number of listings by 2.4%. Listings spent 52 days on the market in October 2024, and had a median list price of $275,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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