For sale

$499,000

7431 Arrowroot Trl, Gaylord, MI 49735

3beds

2,480sqft

$3,444/mo

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Single Family Residence

Built in ----

0.25 Acres Lot

$476,700 Zestimate^®

$201/sqft

$41/mo HOA

What's special

Waterfront propertyFinished basement

Enjoy the best of waterfront living in this lovely 3-bedroom, 3-bath home featuring loft which would make a great reading area, and a 2.5-car garage. Designed for both comfort and entertaining, the finished basement offers the perfect space for hosting family and friends or creating a recreation room. With 60 feet of frontage on an all-sports lake, you'll have easy access to boating, fishing, swimming, and year-round enjoyment right from your backyard. Whether you're looking for a full-time residence, a vacation getaway, or an investment opportunity, this waterfront property offers the perfect blend of space, convenience, and Northern Michigan lifestyle. Priced at $499,000, FURNITURE IS NEGOTIABLE

65 days
315
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Hot Water, Propane

Appliances

Included: Washer, Range/Oven, Refrigerator, Dryer, Dishwasher
Laundry: Main Level

Features

Vaulted Ceiling(s)
Doors: Doorwall
Basement: Partially Finished,Walk-Out Access

Interior area

Total structure area: 2,480
Total interior livable area: 2,480 sqft
Finished area above ground: 1,360

Video & virtual tour

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Property

Parking

Parking features: Garage
Has garage: Yes

Features

On waterfront: Yes
Body of water: Buhl Lake
Frontage type: All-Sport

Lot

Size: 0.25 Acres
Dimensions: 60 x 165 x 62.30 x 148

Details

Parcel number: 07218000001800

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Basement

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Subdivision: Indian Hills

HOA

Has HOA: Yes
HOA fee: $493 annually
HOA name: Lake Arrowhead

Location

Region: Gaylord

Financial & listing details

Price per square foot: $201/sqft
Tax assessed value: $298,200
Annual tax amount: $3,666
Date on market: 8/3/2026
Listing terms: Cash,Conventional Mortgage,FHA,USDA/RD,VA Loan
Ownership: Owner
Road surface type: Dirt

Estimated market value

$476,700

$453,000 - $501,000

$3,407/mo

Price history

Date	Event	Price
8/3/2026	Listed for sale	$499,000$201/sqft
Source: WWMLS #201841879 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$3,666 +0.2%	$149,100 +10.4%
2025	$3,659 +6.3%	$135,100 +3.8%
2024	$3,442 +4.7%	$130,200 +14.8%
2023	$3,286 +2.9%	$113,400 +9.1%
2022	$3,194 -5.6%	$103,900 +10.5%
2021	$3,385 -42.7%	$94,000 +2.4%
2020	$5,903 +86%	$91,800 +12.1%
2018	$3,174	$81,900 +0.2%
2017	--	$81,700 +2.8%
2016	--	$79,500 +4.3%
2013	--	$76,200 -1.8%
2012	--	$77,600 -1.4%
2011	--	$78,700 -3.1%
2010	--	$81,200