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3551 W Otsego Lake Drive, Gaylord, MI 49735

Gaylord
Local realty services provided by:CENTURY 21 Realty North
3551 W Otsego Lake Drive,Gaylord, MI 49735
$895,000
  • - Beds
  • - Baths
  • 3,169 sq. ft.
  • Multi-family
  • Active
Listed by: ryan wojan, michael rosen
Office: smith realty group
MLS#:201839826
Source:MI_WWBR

Price summary

  • Price:$895,000
  • Price per sq. ft.:$282.42

About this home

Endless possibilities 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.

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Home facts

  • Listing ID #:201839826
  • Added:1 day(s) ago
  • Updated:May 05, 2026 at 08:40 PM

Rooms and interior

  • Living area:3,169 sq. ft.

Heating and cooling

  • Heating:Forced Air, Heating, Natural Gas

Structure and exterior

  • Building area:3,169 sq. ft.
  • Architectural Style:Cottage

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$282.42

Features and amenities

  • Amenities:Cable, Ceiling Fans, Doorwall, Vaulted Ceilings

Parking

  • Garage:Yes
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Water Wonderland Mls, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © 2026 All rights reserved

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