Pending

$199,000

1917 Limberlost Ln, Gaylord, MI 49735

3beds

850sqft

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Condominium, Single Family Residence

Built in 1969

-- sqft lot

$192,600 Zestimate^®

$234/sqft

$250/mo HOA

What's special

Move-in-ready conditionSweeping water views

Discover your perfect up-north retreat on the serene, no-wake shores of Lake Martin in Gaylord, Michigan. This beautifully updated 3-bedroom, 2-bathroom lakefront condo offers the rare combination of move-in-ready condition, sweeping water views, and immediate income potential — making it one of Northern Michigan's most compelling waterfront opportunities for 2026. Whether you're searching for a four-season vacation home, or a high-performing short-term rental investment property, this turn-key lakefront cottage delivers on every level.

41 days

131

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 117
Dimensions: 9 x 13

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper
Area: 54
Dimensions: 9 x 6

Primary bathroom

Features: Private

Kitchen

Level: Main
Area: 72
Dimensions: 8 x 9

Living room

Level: Main
Area: 112
Dimensions: 8 x 14

Heating

Baseboard, Fireplace(s)

Cooling

Electric

Appliances

Included: Refrigerator, Oven/Range, Electric Water Heater
Laundry: None

Features

Cathedral Ceiling(s), Drywall
Flooring: Laminate
Basement: Crawl Space
Has fireplace: Yes

Interior area

Total structure area: 850
Total interior livable area: 850 sqft
Finished area above ground: 850
Finished area below ground: 0

Property

Parking

Parking features: None, Gravel, Dirt

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1
Entry location: Other,First Floor Level
Patio & porch: Deck, Covered, Porch
Waterfront features: Inland Lake, Soft Bottom, Sandy Bottom, No Wake
Body of water: Martin Lake
Frontage length: 0

Lot

Features: Level, Sloped

Details

Additional structures: None
Parcel number: 06118500000200
Zoning description: Residential

Construction

Type & style

Home type: Condo
Property subtype: Condominium, Single Family Residence
Attached to another structure: Yes

Materials

Frame, Wood Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1969

Utilities & green energy

Sewer: Shared Septic
Water: Private

Green energy

Energy efficient items: Not Applicable
Water conservation: Not Applicable

Community & HOA

Community

Features: Lake Privileges, Common Area
Subdivision: Limberlost Condominiums

HOA

Services included: Sewer, Maintenance Grounds
HOA fee: $3,000 annually

Location

Region: Gaylord

Financial & listing details

Price per square foot: $234/sqft
Tax assessed value: $69,485
Annual tax amount: $2,537
Price range: $199K - $199K
Date on market: 5/31/2026
Cumulative days on market: 33 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Gravel, Dirt

Estimated market value

$192,600

$183,000 - $202,000

$1,533/mo

Price history

Date	Event	Price
7/6/2026	Pending sale	$199,000$234/sqft
Source: MiRealSource #50209545 Report a problem
5/30/2026	Listed for sale	$199,000+59.2%$234/sqft
Source: MiRealSource #50209545 Report a problem
7/19/2022	Sold	$125,000+56.3%$147/sqft
Source: Public Record Report a problem
5/5/2021	Listing removed	--
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate Report a problem
4/12/2021	Listed for sale	$80,000+14.4%$94/sqft
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #1885988 Report a problem
3/12/2019	Sold	$69,900$82/sqft
Source: WWMLS #317663 Report a problem
2/20/2019	Listed for sale	$69,900-6.8%$82/sqft
Source: Berkshire Hathaway HomeServices - Gaylord #317663 Report a problem
11/22/2018	Listing removed	$75,000$88/sqft
Source: EverGreen Home Realty #313556 Report a problem
8/23/2018	Price change	$75,000-6.1%$88/sqft
Source: EverGreen Home Realty #313556 Report a problem
7/13/2018	Price change	$79,900-6%$94/sqft
Source: EverGreen Home Realty #313556 Report a problem
5/21/2018	Listed for sale	$85,000$100/sqft
Source: EverGreen Home Realty #313556 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,536 +3.4%	$71,000 +5.2%
2024	$2,452 +302%	$67,500 +8%
2023	$610 +22.6%	$62,500 +212.5%
2022	$498 -66.2%	$20,000 +14.3%
2021	$1,474 -24.1%	$17,500 -50%
2020	$1,942 +35.8%	$35,000 +40%
2018	$1,430	$25,000 -26.5%
2017	--	$34,000
2016	--	$34,000
2013	--	$34,000
2012	--	$34,000 -2.9%
2011	--	$35,000
2010	--	$35,000

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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