Island Lake in northern Gladwin County is waiting for you. A charming well cared for property with 2 bdrms, 2 bths, extra sleeping space at one end of the walk-out basement with a full bath and laundry at the other end, along with a great view of the lake from the family room in between. A very peaceful and private area off the beaten path – you have to know it’s there to know it’s there! In the winter, curl up on the sofa with a good book before the natural fire place and look out over the frozen lake. Like ice fishing – you can do it right off your dock. The aluminum dock stays with the sale. Close to state land and plenty of trails that will take you all the way to Houghton Lake. Island Lake is a no-wake lake for electric motors that is only available to the residents and guests of the lake. The view of the lake is so serene that you will instantly feel all the stress and chaos of the City fade away. The deck was redone in May of 2023 with all trek decking and new aluminum railing. In May of 2024 the concrete patio at the lower level walk-out basement was all replaced. There’s a 1.5 garage with a carport and 2 sheds for additional storage. Main level bath was completely replaced in 2024 and boasts a walk-in shower. This could be a turn key sale with the right offer as most furniture and possessions can stay. Call and schedule your showing today!
For sale
Price cut: $10K (6/15)
$289,700
5073 Ruby Dr, Gladwin, MI 48624
2beds
1,664sqft
Single Family Residence
Built in 1972
0.35 Acres Lot
$279,800 Zestimate®
$174/sqft
$25/mo HOA
What's special
Natural fireplace
- 50 days |
- 1,035 |
- 51 |
Zillow last checked:
Listing updated:
Listed by:
MARIETTA SPROTT 989-246-1846,
RE/MAX RIVER HAVEN 989-426-6893
Source: MiRealSource,MLS#: 50208353
Originating MLS: Clare Gladwin Board of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Features: Carpet
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 108
- Dimensions: 12 x 9
Bathroom 1
- Features: Vinyl
- Level: Main
- Area: 40
- Dimensions: 8 x 5
Bathroom 2
- Features: Tile
- Level: Lower
Family room
- Features: Carpet
- Level: Basement
- Area: 609
- Dimensions: 29 x 21
Kitchen
- Features: Vinyl
- Level: Main
- Area: 176
- Dimensions: 16 x 11
Living room
- Features: Carpet
- Level: Main
- Area: 252
- Dimensions: 18 x 14
Heating
- Forced Air, Propane
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Vinyl
- Basement: Block,Daylight,Finished,Full,Exterior Entry,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Living Room, Natural Fireplace
Interior area
- Total structure area: 1,664
- Total interior livable area: 1,664 sqft
- Finished area above ground: 832
- Finished area below ground: 832
Property
Parking
- Total spaces: 1.5
- Parking features: Detached
- Garage spaces: 1.5
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: Water, Lake, Rural View
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake Front, Waterfront, Beach Front, No Gas Motors, No Wake Lake
- Body of water: Island Lake
- Frontage type: Road
- Frontage length: 87
Lot
- Size: 0.35 Acres
- Dimensions: 75 x 199 x 87 x 184
- Features: Wooded, Rural, Sloped
Details
- Additional structures: Shed(s), Garage(s)
- Parcel number: 14010100003300
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Basement
Condition
- Year built: 1972
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Private Well
- Utilities for property: Electricity Connected, Propane, Water Connected, Propane Tank Leased
Community & HOA
Community
- Subdivision: Island Lake Sub
HOA
- Has HOA: Yes
- HOA fee: $300 annually
Location
- Region: Gladwin
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $172,800
- Annual tax amount: $3,546
- Date on market: 5/20/2026
- Cumulative days on market: 52 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Estimated market value
Zestimate®
$279,800
Estimated sales range
$266,000 - $294,000
Rent Zestimate®
$1,429/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $289,700-3.3%$174/sqft |
Source: | ||
| 5/20/2026 | Listed for sale | $299,700+143.7%$180/sqft |
Source: | ||
| 6/28/2019 | Sold | $123,000+2.6%$74/sqft |
Source: | ||
| 6/24/2019 | Pending sale | $119,900$72/sqft |
Source: Northern Lakes Properties #201803384 Report a problem | ||
| 6/11/2019 | Listed for sale | $119,900+18.7%$72/sqft |
Source: Northern Lakes Properties #201803384 Report a problem | ||
| 8/16/2018 | Sold | $101,000-7.3%$61/sqft |
Source: | ||
| 7/2/2018 | Pending sale | $109,001$66/sqft |
Source: KEHOE REALTY #169193 Report a problem | ||
| 6/19/2018 | Price change | $109,001-3.2%$66/sqft |
Source: KEHOE REALTY #169193 Report a problem | ||
| 5/7/2018 | Listed for sale | $112,603+45.7%$68/sqft |
Source: KEHOE REALTY #169193 Report a problem | ||
| 3/23/2012 | Sold | $77,300$46/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,896 +11.8% | $86,400 +34% |
| 2024 | $2,590 | $64,500 +3.7% |
| 2023 | -- | $62,200 +11.5% |
| 2022 | -- | $55,800 +9.4% |
| 2021 | -- | $51,000 -0.8% |
| 2020 | -- | $51,400 -3.7% |
| 2018 | -- | $53,400 -2% |
| 2017 | -- | $54,500 +17.2% |
| 2016 | -- | $46,500 -9.9% |
| 2015 | -- | $51,600 +4.7% |
| 2014 | -- | $49,300 +4% |
| 2013 | -- | $47,400 -11.7% |
| 2011 | -- | $53,700 +0.8% |
| 2010 | -- | $53,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48624
Nearby schools
GreatSchools rating
- 4/10Robert M. Larson Elementary SchoolGrades: K-5Distance: 13.9 mi
- 5/10Harrison Middle SchoolGrades: 6-8Distance: 14.1 mi
- 5/10Harrison Community High SchoolGrades: 9-12Distance: 14 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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