Embrace daily country living surrounding this family home on 2 acres, yet close to town, schools, resorts, lakes and more. This 3 bedroom 2 1/2 bath home has been well maintained and loved. It sits on 2.02 acres of nature. Comes with an automatic turn on Generator, ring camara, 100 amp sub panel and air compressor hook up in a heated 2 car garage. Drip systems for the back of the house and along the west side for the beautiful flowers thoughtfully planted around this very loved home. Wired for surround sound, lighted display cabinets, along with many other personal touches added through the years. This very well could be your dream home.
For sale
Price cut: $16K (6/10)
$299,000
5500 Oley Lake Rd, Gaylord, MI 49735
3beds
1,936sqft
Single Family Residence
Built in 1990
2.02 Acres Lot
$289,100 Zestimate®
$154/sqft
$-- HOA
What's special
Wired for surround soundLighted display cabinets
- 36 days |
- 969 |
- 80 |
Zillow last checked:
Listing updated:
Listed by:
Connie L Madej 989-370-1096,
The TEAM Real Estate Group 989-732-6500
Source: WWMLS,MLS#: 201838924
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Hot Water, Propane
Appliances
- Included: Range/Oven, Dishwasher
- Laundry: Upper Level
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Windows: Egress Windows, Blinds, Curtain Rods, Drapes
Interior area
- Total structure area: 1,936
- Total interior livable area: 1,936 sqft
- Finished area above ground: 1,024
Property
Parking
- Parking features: Driveway, Garage Door Opener
- Has garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: Bi-Level
- Patio & porch: Deck
- Has spa: Yes
- Spa features: Bath
- Fencing: Fenced
- Frontage type: None
Lot
- Size: 2.02 Acres
- Dimensions: 288 x 306 x 288 x 306
- Features: Landscaped, Natural
Details
- Additional structures: Shed(s)
- Parcel number: 03100930001000
- Zoning: AR
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: T30N-R2W
Location
- Region: Gaylord
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $184,200
- Annual tax amount: $1,050
- Date on market: 5/19/2026
- Listing terms: Cash,Conventional Mortgage,FHA,VA Loan
- Ownership: Owner
- Road surface type: Paved, Maintained
Estimated market value
$289,100
$275,000 - $304,000
$2,414/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $299,000-5.1%$154/sqft |
Source:  WWMLS #201838924 Report a problem | ||
| 5/19/2026 | Listed for sale | $315,000$163/sqft |
Source: WWMLS #201838924 Report a problem | ||
| 3/28/2026 | Listing removed | $315,000$163/sqft |
Source: WWMLS #201838924 Report a problem | ||
| 3/14/2026 | Contingent | $315,000$163/sqft |
Source: WWMLS #201838924 Report a problem | ||
| 3/5/2026 | Listed for sale | $315,000+117.2%$163/sqft |
Source: WWMLS #201838924 Report a problem | ||
| 11/23/2004 | Sold | $145,000$75/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,050 +9% | $92,100 +9.6% |
| 2024 | $963 +4.5% | $84,000 +12% |
| 2023 | $922 +1.9% | $75,000 +22% |
| 2022 | $904 -11.1% | $61,500 +5.7% |
| 2021 | $1,016 -35.2% | $58,200 +2.3% |
| 2020 | $1,568 +64.7% | $56,900 +12.5% |
| 2018 | $952 | $50,600 +0.6% |
| 2017 | -- | $50,300 +0.6% |
| 2016 | -- | $50,000 +26.6% |
| 2013 | -- | $39,500 |
| 2012 | -- | $39,500 -2.5% |
| 2011 | -- | $40,500 -2.2% |
| 2010 | -- | $41,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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: 49735
Nearby schools
GreatSchools rating
- 5/10South Maple Elementary SchoolGrades: PK-3Distance: 5.3 mi
- 6/10Gaylord Middle SchoolGrades: 7-8Distance: 5.4 mi
- 7/10Gaylord High School/Voc. Bldg.Grades: 9-12Distance: 6.3 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.
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.
- Michigan
- Otsego County
- Gaylord
- 49735
- 5500 Oley Lake Rd
Nearby cities
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