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    • $339,900

    5049 Ruby Dr, Gladwin, MI 48624

    3beds
    1,600sqft
    : 
    $2,379/mo
    Get pre-qualified
    Single Family Residence
    Built in 1960
    0.61 Acres Lot
    $326,000 Zestimate®
    $212/sqft
    $29/mo HOA

    What's special

    COMPLETELY REMODELED LAKEFRONT HOME ON PRIVATE ISLAND LAKE! This gorgeous 3-bedroom, 2-full-bath lake home has been completely remodeled and is ready to enjoy! Featuring a Brand-New white kitchen w/exotic quartzite countertops, HUGE kitchen island, new bathrooms, new a/c, new kitchen appliances, new flooring, NEW 13x17 deck, 22 x 24 garage + More! This home offers the feel of new construction with the beauty and privacy of lakefront living. Situated on over .60 acres with an incredible 131 feet of private Island Lake frontage, the property features a HUGE yard (.60 acres) with plenty of room to relax, entertain and enjoy the outdoors. And the adventure doesn't stop at the water! Step outside your front door and you're at the trailhead for more than 250 acres of private association trails, w/access to thousands of acres of surrounding public state land. Explore miles of ATV trails, hiking, biking, snowmobiling & outdoor recreation, along with access to 100's of acres of hunting land. Lakefront. Acreage. Trails. Hunting. Recreation. And a completely remodeled home. Whether you're looking for a year-round residence, weekend getaway or your own private Up North retreat, this property offers an incredible combination of waterfront living and four-season outdoor adventure. Enjoy the calm, quiet serenity of private Island Lake, where electric-motor-only boating preserves the peaceful atmosphere and natural beauty. This house is Gorgeous... set up your showing today!! Please note that all measurements are approximate. Buyers agent to verify all information.
    27 days
    2,579
    228

    Zillow last checked:

    Listing updated:

    Listed by:

    Shauna Korn 248-894-5766,

    Townsend Realty LLC 248-943-5200

    Source: MichRIC,MLS#: 26048831MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Description: approx
      • Level: Main
      • Area: 208
      • Dimensions: 16.00 x 13.00
      Bedroom 2
      • Description: approx
      • Level: Main
      • Area: 100
      • Dimensions: 10.00 x 10.00
      Bedroom 3
      • Description: approx
      • Level: Main
      • Area: 100
      • Dimensions: 10.00 x 10.00
      Primary bathroom
      • Description: approx
      • Level: Main
      • Area: 130
      • Dimensions: 13.00 x 10.00
      Bathroom 2
      • Description: approx
      • Level: Main
      • Area: 42
      • Dimensions: 7.00 x 6.00
      Dining room
      • Description: approx
      • Level: Main
      • Area: 168
      • Dimensions: 14.00 x 12.00
      Family room
      • Description: approx
      • Level: Main
      • Area: 448
      • Dimensions: 28.00 x 16.00
      Kitchen
      • Description: approx
      • Level: Main
      • Area: 196
      • Dimensions: 14.00 x 14.00
      Laundry
      • Description: approx
      • Level: Main
      • Area: 20
      • Dimensions: 5.00 x 4.00
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator
      • Laundry: Gas Dryer Hookup, Laundry Closet, Main Level, Sink, Washer Hookup
      Features
      • Center Island, Eat-in Kitchen, Pantry
      • Flooring: Vinyl
      • Windows: Insulated Windows
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 1,600
      • Total interior livable area: 1,600 sqft

      Property

      Parking
      • Total spaces: 1.5
      • Parking features: Garage Faces Side, Detached
      • Garage spaces: 1.5
      Features
      • Stories: 1
      • On waterfront: Yes
      • Waterfront features: Lake
      • Body of water: Island Lake
      Lot
      • Size: 0.61 Acres
      • Dimensions: 74 x 131 x 366 x 278
      • Features: Adj to Public Land
      Details
      • Parcel number: 14010100003900

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Island Lake
      HOA
      • Has HOA: Yes
      • Amenities included: Trail(s), Other
      • Services included: Other
      • HOA fee: $350 annually
      • HOA phone: 734-642-7815
      Location
      • Region: Gladwin

      Financial & listing details

      • Price per square foot: $212/sqft
      • Tax assessed value: $85,400
      • Annual tax amount: $3,900
      • Date on market: 9/20/2026
      • Listing terms: Cash,FHA,VA Loan,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $326,000

        $310,000 - $342,000

        $1,718/mo

        Price history

        DateEventPrice
        9/20/2026Listed for sale$339,900+126.6%$212/sqft
        Source: MichRIC #26048831 Report a problem
        1/31/2026Listing removed$150,000$94/sqft
        Source: Realcomp II #20251014834 Report a problem
        9/8/2025Price change$150,000-11.8%$94/sqft
        Source: Realcomp II #20251014834 Report a problem
        7/30/2025Price change$170,000-2.9%$106/sqft
        Source: Realcomp II #20251014834 Report a problem
        7/8/2025Listed for sale$175,000$109/sqft
        Source: Realcomp II #20251014834 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,392 -6%$85,400 -10%
        2025$2,545 +12.8%$94,900 +25.7%
        2024$2,257 $75,500 +4.3%
        2023-- $72,400 +10.4%
        2022-- $65,600 +8.8%
        2021-- $60,300 +0.8%
        2020-- $59,800 +1.7%
        2018-- $58,800 -2.6%
        2017-- $60,400 +13.5%
        2016-- $53,200 -10%
        2015-- $59,100 +5.2%
        2014-- $56,200 +4.5%
        2013-- $53,800 -13.1%
        2011-- $61,900 +1%
        2010-- $61,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 48624

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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