For Sale
3551 W Otsego Lake Drive, Gaylord, MI 49735
$895,000
MLS # 201839794
7 beds4 baths2.4 acres
1 / 56
Listing Description
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. Schedule showings through MLS# 201839826., Age: 6-10 Years Approx
Source: SparkMLS
About this home
Located in Gaylord, this property offers 7-bedroom, 4-bath.
Listed at $895,000.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms7
Bathrooms4
Lot Size2.4 acres
Location
CityGaylord
MunicipalityBagley Twp
Zip Code49735
CountyOtsego
Sale & Financing
Listed5/3/2026
Source: SparkMLS
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ryan Wojan
smith realty GROUP
Frequently Asked Questions about 3551 W Otsego Lake Drive, Gaylord, MI 49735
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 3551 W Otsego Lake Drive, Gaylord, MI 49735 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve 3551 W Otsego Lake Drive, Gaylord, MI 49735?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Bagley Twp police department or the Otsego County sheriff's office.
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Monthly payment$5,805
Principal & interest$5,805
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3551 W Otsego Lake Drive, Gaylord, MI 49735
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