Enjoy relaxing lake views and carefree living in this well-maintained home overlooking beautiful Lake Lancelot, conveniently located just across the street. This inviting property features an updated kitchen, attractive wood-look laminate flooring, an open-concept floor plan, and newer wood deck with low-maintenance composite steps—perfect for enjoying the peaceful surroundings. The spacious living area is highlighted by a stunning fireplace currently set up for wood-burning, with natural gas already piped in should you prefer the convenience of a gas log fireplace. For added peace of mind, the home is equipped with a Generac backup generator system to keep things running smoothly during the rare power outage. Outside, you'll find a large storage shed for all your lawn, garden, and recreational equipment, along with a generous yard offering plenty of room to add a garage at the end of the driveway if desired. Whether you're looking for a year-round residence or a relaxing getaway, this property offers the perfect combination of comfort, convenience, and the outstanding amenities that Sugar Springs is known for. Don't miss this opportunity to enjoy lake living at an affordable price! Outside, the property is surrounded by mature shade trees, creating a serene and relaxing setting. Located in the sought-after Sugar Springs community, you’ll enjoy an incredible array of amenities, including two all-sports lakes, an 18-hole championship golf course, multiple beach clubs, boat dock rentals, walking trails, a campground, on-site restaurant, indoor heated pool, fitness center, and so much more. Whether you're looking for a full-time residence or a relaxing getaway, this property offers the perfect blend of nature, comfort, and recreation. Schedule your private showing today and experience all that Sugar Springs has to offer! (Disclaimer: "Some photos may be digitally-enhanced")
Sold for $235,000
$235,000
5057 Kings Way, Gladwin, MI 48624
3beds
1,352sqft
Single Family Residence
Built in 1997
0.39 Acres Lot
$126,100 Zestimate®
$174/sqft
$1,223 Estimated rent
Home value
$126,100
$100,000 - $153,000
$1,223/mo
Zestimate® history
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$2,147/mo
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List your homeWhat's special
Stunning fireplaceLarge storage shedGenerous yardLake viewsOpen-concept floor planAttractive wood-look laminate flooringOverlooking beautiful lake lancelot
Zillow last checked:
Listing updated:
Listed by:
IVIE BAKER 989-429-0124,
Baker-Kehoe Realty LLC
Bought with:
Non Member, 126710
Non-Member
Source: MiRealSource,MLS#: 50209720
Originating MLS: Clare Gladwin Board of REALTORS
Originating MLS: Clare Gladwin Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Features: Carpet
- Level: Main
- Area: 204
- Dimensions: 17 x 12
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Bathroom 1
- Features: Laminate
- Level: Main
- Area: 40
- Dimensions: 8 x 5
Bathroom 2
- Features: Laminate
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Dining room
- Features: Laminate
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Kitchen
- Features: Laminate
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Living room
- Features: Laminate
- Level: Main
- Area: 285
- Dimensions: 19 x 15
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Range/Oven, Refrigerator, Washer, Water Softener Rented, Gas Water Heater
- Laundry: Main Level
Features
- Cathedral/Vaulted Ceiling
- Flooring: Carpet, Laminate
- Basement: None,Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room, Natural Fireplace
Interior area
- Total structure area: 1,352
- Total interior livable area: 1,352 sqft
- Finished area above ground: 1,352
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Driveway
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has private pool: Yes
- Pool features: Community
- Spa features: Community
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake/River Access, Association Access
- Body of water: Lake Lancer
- Frontage type: Road
- Frontage length: 84
Lot
- Size: 0.39 Acres
- Dimensions: 84 x 263.4 x 51 x 249.57
- Features: Deep Lot - 150+ Ft., Rural, Subdivision
Details
- Additional structures: Shed(s)
- Parcel number: 06018000025300
- Zoning: Residential
- Zoning description: Residential
- Special conditions: Private,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stone, Vinyl Siding, Vinyl Trim
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sanitary
- Water: Private Point
- Utilities for property: Electricity Connected, Natural Gas Connected, Hard Line Internet, Internet Spectrum
Community & HOA
Community
- Features: Beach Area, Trail(s)
- Subdivision: Sir Richards Realm
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Golf Course, Park, Playground, Tennis Court(s), Airport/Runway, Restaurant, Storage
- Services included: HOA
- HOA fee: $575 annually
- HOA name: Sugar Springs POA
- HOA phone: 989-426-4111
Location
- Region: Gladwin
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $97,600
- Annual tax amount: $1,113
- Date on market: 6/1/2026
- Cumulative days on market: 8 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Sold | $235,000-2.1%$174/sqft |
Source:  MiRealSource #50209720 Report a problem | ||
| 7/13/2026 | Pending sale | $239,920$177/sqft |
Source: MiRealSource #50209720 Report a problem | ||
| 6/1/2026 | Listed for sale | $239,920+224.2%$177/sqft |
Source: MiRealSource #50209720 Report a problem | ||
| 6/24/2016 | Sold | $74,000+2.8%$55/sqft |
Source: MiRealSource #41019877 Report a problem | ||
| 7/31/2009 | Sold | $72,000$53/sqft |
Source: MiRealSource #41011824 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,088 +24.4% | $48,800 +15.4% |
| 2024 | $875 | $42,300 +17.2% |
| 2023 | -- | $36,100 +18% |
| 2022 | -- | $30,600 +3.7% |
| 2021 | -- | $29,500 -10.3% |
| 2020 | -- | $32,900 -2.7% |
| 2018 | -- | $33,800 +10.5% |
| 2017 | -- | $30,600 -18% |
| 2016 | -- | $37,300 |
| 2015 | -- | -- |
| 2014 | -- | $33,900 |
| 2013 | -- | $33,900 -1.6% |
| 2011 | -- | $34,450 +6% |
| 2010 | -- | $32,500 |
Find assessor info on the county website
Neighborhood: 48624
Nearby homes
- $183,0003 bd2 ba1.3k sqft5067 Kings Way, Gladwin, MI 48624Off Market
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Nearby schools
GreatSchools rating
- NAGladwin Elementary SchoolGrades: PK-2Distance: 9.2 mi
- 6/10Gladwin Junior High SchoolGrades: 6-8Distance: 9.5 mi
- 9/10Gladwin High SchoolGrades: 9-12Distance: 8.9 mi
Schools provided by the listing agent
- District: Gladwin Community Schools
Source: MiRealSource. 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
- Gladwin County
- Gladwin
- 48624
- 5057 Kings Way
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