Rare investment opportunity just steps from Wah Wah Soo Beach and beautiful Otsego Lake! This unique property features two separate residential units on one parcel, offering tremendous flexibility for investors, vacation homeowners, multi-generational living, or those seeking rental income in one of Gaylord's most desirable recreational areas. The first residence features 2 bedrooms, 1 bath, an open-concept layout, and a spacious 2-car attached garage. Elevated above the garage, the home offers comfortable living space with excellent natural light and a functional floor plan. The second residence offers 3 bedrooms and 1 bath, providing ample space for year-round living, guests, or rental opportunities. Located just a short walk from Wah Wah Soo Beach, one of Otsego Lake's most popular public access points, owners and guests can enjoy swimming, boating, fishing, paddleboarding, and all the recreational opportunities that make Northern Michigan so special. At the end of the street, residents enjoy access to a non-conforming dock on Otsego Lake. Outdoor recreation extends well beyond the lake. The property is conveniently located near the Iron Belle Trail, Michigan's premier hiking and biking trail system, as well as Trail 7, one of Northern Michigan's primary snowmobile corridors, offering four-season adventure right from your doorstep. With no known short-term rental restrictions, this property presents exciting income-producing potential. Whether utilized as long-term rentals, vacation rentals, owner-occupied housing with supplemental income, or a family retreat, the possibilities are endless. Both homes are serviced by a shared well, while each residence maintains its own septic system. Conveniently located just minutes from downtown Gaylord's shopping, dining, golf courses, skiing, and entertainment, this is an affordable opportunity to own a versatile income-producing property near one of Northern Michigan's premier all-sports lakes. Two homes. One parcel.
For sale
$365,000
642 Sharon St, Gaylord, MI 49735
5beds
2,162sqft
Single Family Residence
Built in 1960
0.26 Acres Lot
$353,800 Zestimate®
$169/sqft
$-- HOA
What's special
- 11 days |
- 767 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Dean Bach 248-850-8632,
@properties Christie's Int'l R.E. Birmingham 248-850-8632
Source: Realcomp II,MLS#: 20261048661
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Basement
- Area: 234
- Dimensions: 13 X 18
Bedroom
- Level: Entry
- Area: 130
- Dimensions: 10 X 13
Bedroom
- Level: Entry
- Area: 72
- Dimensions: 8 X 9
Bedroom
- Level: Entry
- Area: 99
- Dimensions: 9 X 11
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 10 X 11
Other
- Level: Entry
- Area: 60
- Dimensions: 12 X 5
Other
- Level: Entry
- Area: 77
- Dimensions: 7 X 11
Dining room
- Level: Entry
- Area: 143
- Dimensions: 13 X 11
Family room
- Level: Entry
- Area: 225
- Dimensions: 15 X 15
Kitchen
- Level: Entry
- Area: 156
- Dimensions: 12 X 13
Kitchen
- Level: Entry
- Area: 130
- Dimensions: 13 X 10
Living room
- Level: Entry
- Area: 192
- Dimensions: 16 X 12
Other
- Level: Basement
- Area: 169
- Dimensions: 13 X 13
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Free Standing Electric Range, Free Standing Refrigerator, Washer
Features
- Basement: Partial,Partially Finished,Walk Out Access
- Has fireplace: No
Interior area
- Total interior livable area: 2,162 sqft
- Finished area above ground: 1,927
- Finished area below ground: 235
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: UpperLevelwSteps
- Patio & porch: Covered
- Pool features: None
- Waterfront features: All Sports Lake, Beach Access
- Body of water: Otsego Lake
Lot
- Size: 0.26 Acres
- Dimensions: 130 x 90
- Features: Water View, Vacation Home
Details
- Parcel number: 01169000900900
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities
Community & HOA
Community
- Subdivision: PLEASANT VIEW
HOA
- Has HOA: No
Location
- Region: Gaylord
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $114,517
- Annual tax amount: $3,288
- Date on market: 6/26/2026
- Cumulative days on market: 11 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$353,800
$336,000 - $371,000
$1,745/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $365,000+204.2%$169/sqft |
Source:  Realcomp II #20261048661 Report a problem | ||
| 8/13/2021 | Sold | $120,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,256 +8.1% | $121,700 +9.3% |
| 2024 | $3,011 +4.7% | $111,300 +3.8% |
| 2023 | $2,876 +20.4% | $107,200 +9.3% |
| 2022 | $2,389 -5.8% | $98,100 +11.2% |
| 2021 | $2,535 -43.8% | $88,200 +21% |
| 2020 | $4,513 +85.2% | $72,900 +20.7% |
| 2018 | $2,437 | $60,400 -2.6% |
| 2017 | -- | $62,000 -21.3% |
| 2016 | -- | $78,800 +22.6% |
| 2013 | -- | $64,300 +2.9% |
| 2012 | -- | $62,500 -3.3% |
| 2011 | -- | $64,600 -2% |
| 2010 | -- | $65,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 49735
Nearby schools
GreatSchools rating
- 6/10Gaylord Intermediate SchoolGrades: 4-6Distance: 4.7 mi
- 6/10Gaylord Middle SchoolGrades: 7-8Distance: 4.7 mi
- 7/10Gaylord High School/Voc. Bldg.Grades: 9-12Distance: 6.4 mi
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
- 642 Sharon St
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