Opportunity near Otsego Lake with public access directly across the street!
This 3-bedroom, 2-bath ranch sits on a spacious half-acre lot in a peaceful, quiet neighborhood with wonderful neighbors and a calm, relaxing setting. Enjoy filtered views of the lake from the home and the refreshing breeze coming off the water — a truly special location with strong potential.
The home offers approximately 1,396 sq ft of living space, a functional layout, a detached 2-car garage, and additional outdoor space for future improvements. This property is ideal for a buyer looking to create their dream home, vacation retreat, or investment in a highly desirable area near Otsego Lake.
Property is part of an estate and being sold as-is. Recent mitigation work has been completed, and the roof will require attention (currently temporarily protected). Contractor estimates are available for buyers looking to plan improvements.
We have had significant interest in this property and are currently reviewing serious offers. Don’t miss your opportunity to secure a home in this sought-after lake-access location.
Sold for $200,000
$200,000
1887 Ferndale St, Gaylord, MI 49735
3beds
1,396sqft
SingleFamily
Built in 1962
0.51 Acres Lot
$205,900 Zestimate®
$143/sqft
$1,940 Estimated rent
Home value
$205,900
$196,000 - $216,000
$1,940/mo
Zestimate® history
Owner options
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$1,940/mo
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$1,940/mo
Rent Zestimate®
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$1,289/mo
Est. payment
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$1,289/mo
Est. payment
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List your homeWhat's special
Additional outdoor spaceSpacious half-acre lotFunctional layout
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Washer
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 1,396 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Wood products
Lot
- Size: 0.51 Acres
Details
- Parcel number: 01171000001500
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1962
Community & HOA
Location
- Region: Gaylord
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $176,600
- Annual tax amount: $1,109
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Sold | $200,000-9%$143/sqft |
Source: Public Record Report a problem | ||
| 6/16/2026 | Pending sale | $219,900$158/sqft |
Source: Owner Report a problem | ||
| 4/17/2026 | Listed for sale | $219,900$158/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,109 +10.6% | $88,300 +10.7% |
| 2024 | $1,002 +4.5% | $79,800 +18.8% |
| 2023 | $959 +0.8% | $67,200 +12.8% |
| 2022 | $951 -11.6% | $59,600 +5.5% |
| 2021 | $1,076 -38.8% | $56,500 +1.6% |
| 2020 | $1,757 +74.3% | $55,600 +14.2% |
| 2018 | $1,008 | $48,700 +5.6% |
| 2017 | -- | $46,100 -0.2% |
| 2016 | -- | $46,200 -2.5% |
| 2013 | -- | $47,400 +1.3% |
| 2012 | -- | $46,800 -2.5% |
| 2011 | -- | $48,000 |
Find assessor info on the county website
Neighborhood: 49735
Nearby homes
- $223,600-- bd-- ba-- sqft5210 Park Ridge Ave, Gaylord, MI 49735Off Market
- $277,100-- bd-- ba-- sqft1921 Ferndale St, Gaylord, MI 49735Off Market

- $159,900-- bd-- ba-- sqft1908 Ferndale St, Gaylord, MI 49735Off Market
- $125,800-- bd-- ba-- sqft1860 Ferndale St, Gaylord, MI 49735Off Market
- $180,100-- bd-- ba-- sqft1928 Ferndale St, Gaylord, MI 49735Off Market
- $688,2002 bd2 ba1.5k sqft5187 Park Ridge Ave, Gaylord, MI 49735Off Market
- $89,900-- bd-- ba-- sqft5232 Park Ridge Ave, Gaylord, MI 49735Off Market
- $133,200-- bd-- ba-- sqft1945 Ferndale St, Gaylord, MI 49735Off Market
Nearby schools
GreatSchools rating
- 6/10Gaylord Intermediate SchoolGrades: 4-6Distance: 4.8 mi
- 6/10Gaylord Middle SchoolGrades: 7-8Distance: 4.8 mi
- 7/10Gaylord High School/Voc. Bldg.Grades: 9-12Distance: 6.4 mi
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- Michigan
- Otsego County
- Gaylord
- 49735
- 1887 Ferndale St