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  • $700,000

    1046 S Bailey Lake Ave, Gladwin, MI 48624

    3beds
    1,296sqft
    Farm
    Built in ----
    160 Acres Lot
    $728,200 Zestimate®
    $540/sqft
    $1,668 Estimated rent

    Home value

    $728,200

    Estimated sales range

    Not available

    $1,668/mo

    Zestimate® history
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    What's special

    In the land business, it is not often that you walk a property that leaves you in awe. It's not often you walk a property that gets better each time you go back and check pretty much every possible box for the outdoorsman or nature lover. This Farm is one of the rare gems that does just that. Welcome to 1046 S. Bailey Lake Ave. in Gladwin, MI. This farm has been in the same family for many years. The Homestead consists of a 3-bedroom 2-bath, farmhouse that, with some TLC, could easily be brought back to life. There is a large barn that could be used to store toys and equipment, and a smaller shed/garage for additional tool storage. There are approximately 15 acres +/- of tillable currently being farmed and are in beans for the 2025 crop year. The property itself has tremendous potential for the outdoorsman or nature lover. Trails and roads throughout the property, with a road along the entire North border of the parcel, make this one set up perfectly for the deer hunter from an access perspective. There are open areas on the farm that would be absolutely awesome food plot locations for the hunter. There are several small swails and thick bedding areas surrounded by big mature rolling timber with some awesome oak ridges throughout. This would also be a great farm for someone with horses or cattle as well. The location is also perfect on the blacktop of Bailey Lake Road, just off of M-61, and only minutes from the town of Gladwin, where you have all the amenities you need close by. In the Southwest corner of the property is Nestor Lake. There is a road that takes you through the property right to the lake, where you can enjoy fishing, kayaking, or even set up a bonfire area to enjoy the views with family. The east bank of the lake is a big Ridge that would make an awesome spot to build a home or cabin overlooking the lake below. From a hunting perspective, it does not get much better; the deer sign is incredible. Rubs and scrapes are still evident from last fall, and there are runways beaten down like cattle paths through the entire property. From a hunting perspective, this property has the potential to be truly special. The deer are there already. In fact, one evening recently, while walking the property, I walked up on several deer, including a young buck in velvet already outside his ears (See listing pics), and then as I came back around to the bean field, there were already 20+ deer feeding in the beans well before sunset. Add some food plots and a couple of sanctuary areas, and this one will be as good as it gets from a trophy deer perspective. Not to mention, there are all larger tracts surrounding which also keep the pressure to a minimum, allowing bucks to get to maturity. Besides the deer, there are also lots of turkey, small game, coyote, bobcat, and black bear, to name a few. The lake attracts some ducks and geese as well and provides excellent fishing. This is a one of a kind truly special legacy farm that will be passed onto the new owner to make memories of their own into the future. Parcels like this do not come along often. Call Listing agent Jeff Chilman today for your own private tour of this amazing property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Chilman 989-205-2355,

    Whitetail Properties Real Estate, LLC

    Bought with:

    Renee McConnell

    Source: MichRIC,MLS#: 25030046MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 1
    Heating
    • Forced Air, Wood
    Appliances
    • Laundry: Gas Dryer Hookup, Laundry Closet
    Features
    • Flooring: Wood
    • Basement: Michigan Basement
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,296
    • Total interior livable area: 1,296 sqft
    • Finished area below ground: 0

    Property

    Features
    • Stories: 2
    • Exterior features: Balcony
    • Waterfront features: Lake
    Lot
    • Size: 160 Acres
    • Dimensions: 1
    • Features: Recreational, Tillable, Wooded, Rolling Hills
    Details
    • Additional structures: Second Garage
    • Parcel number: 01201020003

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm
    Materials
    • Other
    • Roof: Shingle
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available, Phone Connected, Cable Connected

    Community & HOA

    Location
    • Region: Gladwin

    Financial & listing details

    • Price per square foot: $540/sqft
    • Tax assessed value: $85,215
    • Annual tax amount: $3,450
    • Date on market: 6/21/2025
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/27/2025Sold$700,000+0.1%$540/sqft
    Source: MichRIC #25030046 Report a problem
    6/27/2025Pending sale$699,000$539/sqft
    Source: MichRIC #25030046 Report a problem
    6/21/2025Listed for sale$699,000$539/sqft
    Source: MichRIC #25030046 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,483 +5.8%$356,363 +14.4%
    2024$3,293 $311,432 +43.3%
    2023-- $217,336 +1.6%
    2022-- $213,824 -4.4%
    2021-- $223,738 +17.4%
    2020-- $190,607 +17.6%
    2019-- $162,126 +5.9%
    2018-- $153,049 +3.7%
    2017-- $147,601 -0.2%
    2016-- $147,909 -2.8%
    2015-- $152,236 +0.7%
    2014-- $151,209 -4.9%
    2013-- $158,952 -10%
    2012-- $176,517 -7.1%
    2011-- $190,000
    Find assessor info on the county website

    Neighborhood: 48624

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gladwin Elementary School
    • Middle: Gladwin Intermediate School
    • High: Gladwin High School

    Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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