PROVEN LAKEFRONT RENTAL + THE PERFECT UP NORTH INVESTMENT OR GETAWAY! Welcome to 1923 Limberlost, a charming 3-bedroom, 2-bath Northern Michigan waterfront condo on Martin Lake near Gaylord and Boyne Mountain. Offering 307' of shared sandy waterfront, this established short-term rental combines lakefront living, four-season recreation and outstanding investment potential. Short-term rentals are allowed, giving you the flexibility to enjoy your Northern Michigan getaway while generating rental income when you're away. Even better, property management is available right on site, making this an attractive, convenient option for vacation-home owners and investors. Inside, vaulted ceilings and lake views create the Up North atmosphere you've been searching for. A main-floor bedroom and full bath provide convenient one-level living. Upstairs you'll find another bedroom plus a fantastic custom bunk room with four built-in beds—ideal for families and vacation guests. Updated baths, a brand-new composite deck, dedicated workspace areas and fiber internet add comfort and versatility. Outside, enjoy sandy shoreline, docks, mature woods, wildlife, spectacular Northern Michigan fall colors and star-filled evenings around the community fire pits. Martin Lake offers peaceful waters for swimming, kayaking, paddleboarding and fishing without the crowds of larger resort lakes—all approximately 8 miles from downtown Gaylord and Boyne Mountain. Ski, golf, hike, bike, snowmobile and explore Northern Michigan by day, then come home to the lake. Gaylord's restaurants, shopping and renowned golf, plus nearby trails and ski destinations, create an exceptional four-season location. Whether you're searching for a Gaylord waterfront property, Boyne Mountain vacation home, Northern Michigan short-term rental investment or family lakefront retreat, 1923 Limberlost offers a rare combination of sandy waterfront, rental flexibility, on-site property mgt, fibr internet & four-season recreation.
For sale
$195,000
1923 Limberlost Ln, Gaylord, MI 49735
3beds
850sqft
Condominium
Built in ----
-- sqft lot
$191,400 Zestimate®
$229/sqft
$250/mo HOA
What's special
Mature woodsLake viewsBrand-new composite deckVaulted ceilingsSandy shorelineDedicated workspace areasFiber internet
- 5 hours
- 53
- 5
Zillow last checked:
Listing updated:
Listed by:
Jamie Woodall,
Jamie Woodall Real Estate
Source: Northern Michigan MLS,MLS#: 480701
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Area: 170
- Dimensions: 10 x 17
Bedroom
- Area: 92.8
- Dimensions: 8 x 11.6
Bedroom 1
- Area: 72
- Dimensions: 8 x 9
Dining room
- Description: combo
Kitchen
- Description: combo
Living room
- Area: 272
- Dimensions: 16 x 17
Heating
- Electric Baseboard
Cooling
- Ceiling Fan(s)
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 850 sqft
Property
Parking
- Parking features: No Garage Or Carport
Features
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 1.68 Acres
- Dimensions: 80 x 95
Details
- Additional structures: Shed(s)
- Parcel number: 06118500000300
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Frame/Site Built
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $3,000 annually
- HOA name: Other
Location
- Region: Gaylord
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $142,000
- Annual tax amount: $2,609
- Date on market: 9/4/2026
Estimated market value
$191,400
$182,000 - $201,000
$2,053/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $195,000+30%$229/sqft |
Source: | ||
| 8/16/2023 | Sold | $150,000$176/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,609 +179.4% | $71,000 +5.2% |
| 2024 | $934 +111.2% | $67,500 +8% |
| 2023 | $442 +22.6% | $62,500 +212.5% |
| 2022 | $361 -67.2% | $20,000 +14.3% |
| 2021 | $1,098 -43.4% | $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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49735
Nearby schools
Schools provided by the listing agent
- District: Gaylord
Source: Northern Michigan MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








