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Sold for $500,000
  • $500,000

    4397 E Vail Ln, Gaylord, MI 49735

    5beds
    3,300sqft
    Single Family Residence
    Built in 1997
    0.62 Acres Lot
    $500,600 Zestimate®
    $152/sqft
    $3,230 Estimated rent

    Home value

    $500,600

    $476,000 - $526,000

    $3,230/mo

    Zestimate® history
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    What's special

    Welcome to 4397 E Vail Lane in Gaylord, a lakefront retreat on peaceful Perch Lake. This 5-bedroom, 3.5-bath home offers plenty of space to host and unwind year-round. The main-level primary suite features a private bath with jetted tub, stand-up shower, and a balcony overlooking the water. Multiple large bedrooms provide comfortable accommodations for guests. The lower level is perfect for entertaining, and the expansive deck leads to private beach frontage on this quiet, non-wake lake--ideal for kayaking, paddle boarding, and fishing. Close to golf, skiing, and Otsego Lake, this home offers true Northern Michigan living. Experience true Northern Michigan living with this incredible lakefront retreat on peaceful Perch Lake. Offering 5 bedrooms, 4 bathrooms, and approximately 3,300 sq ft of finished living space (1,953 above grade plus a beautifully finished walkout lower level), this home delivers the perfect blend of comfort, recreation, and investment potential. The setting is simply unbeatable--immaculately maintained, serene, and surrounded by nature with private lake frontage and stunning views. Inside, the home features a spacious and welcoming layout with a main-floor primary suite, multiple living areas, and generous room sizes ideal for hosting guests and large gatherings. The finished walkout lower level adds valuable additional living space, including bedrooms, full bath, family room, and flexible areas for recreation or relaxation. Already a highly successful short-term rental, this property boasts a 4.94-star rating across 50+ Airbnb reviews with bookings already scheduled into the 2026 season. A trusted local cleaning and maintenance team is in place and willing to continue servicing the home for the next owner. Nearly all furnishings and décor are newer (since 2023 purchase) and are negotiable, offering a potential turnkey opportunity. Outdoor living is just as impressive, with expansive decking overlooking the lake, a beautifully landscaped setting, and year-round enjoyment at your doorstep. Located minutes from Gaylord and surrounded by some of Northern Michigan's best recreation, this home is ideally positioned for both personal use and rental appeal. Skiing is within easy reach--approximately 10-15 minutes to Otsego Resort, 20 minutes to Treetops Resort, and about 30 minutes to Boyne Mountain. Golf lovers will appreciate being surrounded by premier courses, including Treetops Resort (H20 minutes), Gaylord Golf Club (H10 minutes), and Otsego Resort courses (H10-15 minutes). Whether you're seeking a full-time residence, vacation home, or proven income-producing property, this lakefront home offers an exceptional lifestyle in one of Northern Michigan's most recreation-rich locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Bastianelli 248-345-0817,

    Real Broker, LLC

    Source: WWMLS,MLS#: 201838954MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Water Softener, Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
    • Laundry: Main Level
    Features
    • Ceiling Fan(s), Wired for Sound
    • Flooring: Hardwood, Tile
    • Doors: Doorwall
    • Windows: Blinds, Drapes
    • Basement: Full,Finished,Walk-Out Access
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft
    • Finished area above ground: 1,953

    Property

    Parking
    • Parking features: Driveway, Garage Door Opener
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Doors
    Features
    • Stories: 2
    • Patio & porch: Deck, Patio/Porch
    • Exterior features: Garden
    • On waterfront: Yes
    • Waterfront features: Lake
    • Body of water: Perch Lake
    Lot
    • Size: 0.62 Acres
    • Dimensions: 86 x 239 x 121 x 211
    • Features: Landscaped, Natural
    Details
    • Parcel number: 01172500001600
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Basement
    Condition
    • Year built: 1997

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Sandy Beach Sub
    Location
    • Region: Gaylord

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $474,600
    • Annual tax amount: $8,686
    • Date on market: 3/13/2026
    • Listing terms: Cash,Conventional Mortgage
    • Ownership: Owner
    • Road surface type: Paved, Maintained

    Price history

    DateEventPrice
    4/17/2026Sold$500,000$152/sqft
    Source: WWMLS #201838954 Report a problem
    3/14/2026Pending sale$500,000$152/sqft
    Source: WWMLS #201838954 Report a problem
    3/13/2026Listed for sale$500,000+14.9%$152/sqft
    Source: Realcomp II #20261014060 Report a problem
    8/16/2023Sold$435,000+8.8%$132/sqft
    Source: Public Record Report a problem
    8/7/2023Pending sale$399,900$121/sqft
    Source: WWMLS #201825050 Report a problem
    7/6/2023Listed for sale$399,900+100%$121/sqft
    Source: WWMLS #201825050 Report a problem
    4/6/2015Sold$200,000-8.3%$61/sqft
    Source: Public Record Report a problem
    10/30/2014Price change$218,000-3.1%$66/sqft
    Source: Alpine Realty Group, LLC #292403 Report a problem
    7/29/2014Listed for sale$225,000$68/sqft
    Source: Alpine Realty Group, LLC #292403 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,686 +229.9%$237,300 +3.9%
    2024$2,633 +4.5%$228,500 +7.5%
    2023$2,520 +0.8%$212,500 +24.1%
    2022$2,499 -11.6%$171,300 +5.9%
    2021$2,826 -38.8%$161,800 +0.3%
    2020$4,614 +74.3%$161,300 +10%
    2018$2,648 $146,700 +5%
    2017-- $139,700 +18.1%
    2016-- $118,300 +18.7%
    2013-- $99,700 +3.2%
    2012-- $96,600 -3.1%
    2011-- $99,700 +11.3%
    2010-- $89,600
    Find assessor info on the county website

    Neighborhood: 49735

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gaylord
    • 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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