Enjoy 200 feet of private frontage on beautiful Martin Lake with this spacious 4-bedroom home. The expansive upper-level ensuite spans the entire floor, creating a true retreat. Recent updates include a newer furnace, central AC, engineered septic system, pole barn, vinyl plank flooring, and numerous stylish interior improvements. Step outside to a large lakeside deck where you can relax and take in breathtaking west-facing sunsets over the water. Gorgeous landscaping enhances the setting, offering both beauty and privacy. Perfectly located just minutes from downtown Gaylord, 15 minutes to Boyne Mountain, and 30 minutes to Boyne City, this property combines modern comfort with the best of Up North lake living. Cash only
For sale
$250,000
5408 E Martin Lake Dr, Gaylord, MI 49735
4beds
1,776sqft
:
Get pre-qualified$1,605/mo
Single Family Residence
Built in 1968
1.59 Acres Lot
$242,700 Zestimate®
$141/sqft
$-- HOA
What's special
Pole barnLarge lakeside deckNumerous stylish interior improvementsCentral acNewer furnaceVinyl plank flooring
- 50 days |
- 9,196 |
- 920 |
Zillow last checked:
Listing updated:
Listed by:
Catherine Callahan 989-619-2476,
Alpine Realty Group-Gaylord 989-858-3210
Source: WWMLS,MLS#: 201840778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Propane, Wood Stove
Cooling
- Central Air
Appliances
- Included: Water Heater, Washer, Range/Oven, Refrigerator, Dryer, Dishwasher
- Laundry: Lower Level
Features
- Flooring: Tile
- Windows: Blinds
- Basement: None
Interior area
- Total structure area: 1,776
- Total interior livable area: 1,776 sqft
- Finished area above ground: 1,836
Property
Parking
- Parking features: RV Access/Parking
- Has garage: Yes
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: Dock
- On waterfront: Yes
- Waterfront features: Lake
Lot
- Size: 1.59 Acres
- Dimensions: 200 x 355 x 200 x 340
- Features: Landscaped, Natural
Details
- Additional structures: Pole Building, Shed(s)
- Parcel number: 06122000002300, 02600, & 02800
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Martin Lake Sub
Location
- Region: Gaylord
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $208,200
- Annual tax amount: $3,307
- Date on market: 6/14/2026
- Listing terms: Cash,Other
- Ownership: Owner
- Road surface type: Gravel, Maintained
Estimated market value
$242,700
$231,000 - $255,000
$2,229/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Listed for sale | $250,000-15.3%$141/sqft |
Source:  WWMLS #201840778 Report a problem | ||
| 10/31/2025 | Listing removed | $295,000$166/sqft |
Source: WWMLS #201836921 Report a problem | ||
| 9/21/2025 | Price change | $295,000-4.8%$166/sqft |
Source: WWMLS #201836921 Report a problem | ||
| 9/5/2025 | Listed for sale | $310,000+5.1%$175/sqft |
Source: WWMLS #201836921 Report a problem | ||
| 11/3/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/21/2024 | Listed for sale | $295,000+18%$166/sqft |
Source: Owner Report a problem | ||
| 7/15/2022 | Sold | $250,000+0.4%$141/sqft |
Source: WWMLS #201819147 Report a problem | ||
| 7/8/2022 | Pending sale | $249,000$140/sqft |
Source: WWMLS #201819147 Report a problem | ||
| 6/10/2022 | Listed for sale | $249,000+91.5%$140/sqft |
Source: WWMLS #201819147 Report a problem | ||
| 6/3/2021 | Sold | $130,000+2%$73/sqft |
Source: WWMLS #201811807 Report a problem | ||
| 4/26/2021 | Listed for sale | $127,500+2.1%$72/sqft |
Source:  WWMLS #201811807 Report a problem | ||
| 12/14/2020 | Listing removed | $124,900$70/sqft |
Source: Smith Realty GROUP #324877 Report a problem | ||
| 10/29/2020 | Price change | $124,900-3.8%$70/sqft |
Source: Smith Realty GROUP #324877 Report a problem | ||
| 10/1/2020 | Price change | $129,900-7.1%$73/sqft |
Source: Smith Realty GROUP #324877 Report a problem | ||
| 7/13/2020 | Listed for sale | $139,900+27.3%$79/sqft |
Source: Smith Realty GROUP #324877 Report a problem | ||
| 7/20/2013 | Listing removed | $109,900$62/sqft |
Source: REAL ESTATE ONE GAYLORD #278946 Report a problem | ||
| 9/5/2012 | Price change | $109,900-7.6%$62/sqft |
Source: REAL ESTATE ONE GAYLORD #278946 Report a problem | ||
| 8/23/2012 | Price change | $119,000-7.8%$67/sqft |
Source: REAL ESTATE ONE GAYLORD #278946 Report a problem | ||
| 7/24/2012 | Price change | $129,000-7.8%$73/sqft |
Source: REAL ESTATE ONE GAYLORD #278946 Report a problem | ||
| 5/15/2012 | Listed for sale | $139,900$79/sqft |
Source: Real Estate One Gaylord #278946 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,307 +4% | $104,100 +6% |
| 2024 | $3,181 +110.9% | $98,200 +20.5% |
| 2023 | $1,508 -34% | $81,500 +13.5% |
| 2022 | $2,285 -5.4% | $71,800 +5.6% |
| 2021 | $2,417 -27.7% | $68,000 +8.1% |
| 2020 | $3,344 +47.6% | $62,900 +7% |
| 2018 | $2,266 | $58,800 +0.7% |
| 2017 | -- | $58,400 -1.7% |
| 2016 | -- | $59,400 +9.8% |
| 2013 | -- | $54,100 +3.6% |
| 2012 | -- | $52,200 -4% |
| 2011 | -- | $54,400 -6.5% |
| 2010 | -- | $58,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49735
Nearby schools
GreatSchools rating
- 4/10North Ohio Elementary SchoolGrades: PK-3Distance: 5 mi
- 6/10Gaylord Middle SchoolGrades: 7-8Distance: 6.2 mi
- 7/10Gaylord High School/Voc. Bldg.Grades: 9-12Distance: 5.5 mi
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.
- $15,600-- bd-- ba-- sqft5392 E Martin Lake Dr, Gaylord, MI 49735Off Market
- $322,900-- bd-- ba-- sqft5384 E Martin Lake Dr, Gaylord, MI 49735Off Market
- $15,600-- bd-- ba-- sqft5430 E Martin Lake Dr, Gaylord, MI 49735Off Market
- $70,000-- bd-- ba-- sqft5376 E Martin Lake Dr, Gaylord, MI 49735Sold
- $38,000-- sqftE Martin Lake Rd, Gaylord, MI 49735Sold
- $361,8002 bd3 ba2.3k sqft5282 E Martin Lake Rd, Gaylord, MI 49735Off Market
- $329,0003 bd2 ba1.3k sqft5376 E Martin Lake Rd, Gaylord, MI 49735For Sale
- $377,100-- bd-- ba-- sqft5419 E Martin Lake Dr, Gaylord, MI 49735Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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