Affordable Lakefront Cabin - Just 3 Miles from Downtown Gaylord! This peaceful cabin sits on 42 feet of Five Lakes frontage. The cozy 2 bedroom, 1 bathroom home features an open floorplan, plenty of windows, and a 14'x 16' lakeside deck. Trees surrounding the cabin give the property a great up north feel. Located on lake #3 of the Five Lakes chain, this is a great spot for fishing, kayaking, and enjoying peaceful Northern Michigan. The cabin has a south facing sunroom addition with isolated water damage. The rest of the cabin sits on a solid slab foundation and is move in ready. This is an excellent opportunity for new owners to buy a move in ready home with a fixer upper price tag and short-term rental possibilities. Personal property available.
Sold for $60,000
$60,000
1935 Five Lakes Rd, Gaylord, MI 49735
2beds
676sqft
Single Family Residence
Built in ----
6,098 Square Feet Lot
$62,600 Zestimate®
$89/sqft
$1,387 Estimated rent
Home value
$62,600
Estimated sales range
Not available
$1,387/mo
Zestimate® history
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$1,387/mo
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$1,387/mo
Rent Zestimate®
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$298/mo
Est. payment
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Est. payment
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List your homeWhat's special
Trees surrounding the cabinOpen floorplanSouth facing sunroom additionPlenty of windows
Zillow last checked:
Listing updated:
Listed by:
Jim Hodges,
COLDWELL BANKER SCHMIDT GAYLORD
Source: WWMLS,MLS#: 201835996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Heating
- Propane, Wall Furnace
Appliances
- Included: Range/Oven, Refrigerator, Microwave
- Laundry: None
Features
- Ceiling Fan(s)
- Flooring: Laminate
- Doors: Doorwall
- Windows: Blinds
- Basement: None
Interior area
- Total structure area: 676
- Total interior livable area: 676 sqft
- Finished area above ground: 676
Property
Features
- On waterfront: Yes
- Waterfront features: Lake
- Body of water: Five Lakes
Lot
- Size: 6,098 Square Feet
- Dimensions: .14
Details
- Additional structures: Shed(s)
- Parcel number: 08115000500300
- Zoning: RR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Fixer
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: T31N R3W
Location
- Region: Gaylord
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $75,000
- Annual tax amount: $650
- Date on market: 7/21/2025
- Listing terms: Cash,Conventional Mortgage
- Ownership: Owner
- Road surface type: Paved, Maintained
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Sold | $60,000-56.8%$89/sqft |
Source:  WWMLS #201835996 Report a problem | ||
| 10/22/2025 | Pending sale | $139,000$206/sqft |
Source: WWMLS #201835996 Report a problem | ||
| 10/2/2025 | Price change | $139,000-7.3%$206/sqft |
Source: WWMLS #201835996 Report a problem | ||
| 7/21/2025 | Listed for sale | $149,900$222/sqft |
Source: WWMLS #201835996 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $650 +7.4% | $37,500 +6.5% |
| 2024 | $605 +4.2% | $35,200 +28.5% |
| 2023 | $580 +3.4% | $27,400 +0.7% |
| 2022 | $561 -5.6% | $27,200 +15.7% |
| 2021 | $594 -42.1% | $23,500 +0.9% |
| 2020 | $1,026 +84.1% | $23,300 +1.3% |
| 2018 | $557 | $23,000 |
| 2017 | -- | $23,000 -9.1% |
| 2016 | -- | $25,300 +3.3% |
| 2013 | -- | $24,500 |
| 2012 | -- | $24,500 -2% |
| 2011 | -- | $25,000 |
Find assessor info on the county website
Neighborhood: 49735
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Nearby schools
GreatSchools rating
- 4/10North Ohio Elementary SchoolGrades: PK-3Distance: 1.5 mi
- 6/10Gaylord Middle SchoolGrades: 7-8Distance: 2.9 mi
- 7/10Gaylord High School/Voc. Bldg.Grades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- High: Gaylord
Source: WWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Otsego County
- Gaylord
- 49735
- 1935 Five Lakes Rd
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