Contingent

$249,000

7464 Fallen Timbers Trl, Gaylord, MI 49735

3beds

1,833sqft

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Single Family Residence

Built in 1974

0.75 Acres Lot

$247,600 Zestimate^®

$136/sqft

$-- HOA

What's special

Waterfront propertyWalkout basementScenic little fawn lakeSpacious main floor bedroomTwo more bedrooms upstairsConvenient laundry room

LAKE LIFE STARTS HERE! Welcome to this charming 3 bedroom chalet on scenic Little Fawn Lake in Lake Arrowhead recreational community located just minutes SW of downtown Gaylord! Spacious main floor bedroom, full bath, convenient laundry room, and living/dining rooms with peaceful water views; two more bedrooms upstairs plus a walkout basement, this home is ready to be your northern Michigan getaway or full-time escape. Tucked within the Lake Arrowhead development, you'll love the beauty, recreation, and relaxed lifestyle this waterfront property offers. Newer furnace with central air!! Don't miss your chance to own a slice of lakefront living!

41 days

62

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Electric, Forced Air, Propane, Freestanding Gas Stv

Cooling

Central Air

Appliances

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

Features

Ceiling Fan(s)
Doors: Doorwall
Windows: Blinds
Basement: Partially Finished,Partial

Interior area

Total structure area: 1,833
Total interior livable area: 1,833 sqft
Finished area above ground: 1,157

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Patio & porch: Deck, Patio/Porch
On waterfront: Yes
Waterfront features: Lake
Body of water: Other

Lot

Size: 0.75 Acres
Dimensions: 0.75 acre
Features: Natural

Details

Additional structures: Shed(s)
Parcel number: 07218000022400 & 07118000022300
Zoning: RR
Special conditions: Listing Status; Active w/ Contingencies

Construction

Type & style

Home type: SingleFamily
Architectural style: Chalet
Property subtype: Single Family Residence

Materials

Foundation: Basement

Condition

Year built: 1974

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Subdivision: Indian Hills

HOA

HOA name: Lake Arrowhead

Location

Region: Gaylord

Financial & listing details

Price per square foot: $136/sqft
Tax assessed value: $177,200
Annual tax amount: $3,001
Date on market: 5/28/2026
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Gravel, Maintained

Estimated market value

$247,600

$235,000 - $260,000

$1,657/mo

Price history

Date	Event	Price
6/4/2026	Contingent	$249,000$136/sqft
Source: WWMLS #201840396 Report a problem
5/28/2026	Listed for sale	$249,000-14.1%$136/sqft
Source: WWMLS #201840396 Report a problem
12/1/2025	Listing removed	$290,000$158/sqft
Source: WWMLS #201836512 Report a problem
10/23/2025	Price change	$290,000-6.5%$158/sqft
Source: WWMLS #201836512 Report a problem
8/15/2025	Listed for sale	$310,000$169/sqft
Source: WWMLS #201836512 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,001 +4.8%	$88,600 +3.4%
2024	$2,864 +199.6%	$85,700 +15.3%
2023	$956 +1.9%	$74,300 +10.6%
2022	$938 -11.1%	$67,200 +10.7%
2021	$1,055 -36.4%	$60,700 +2.7%
2020	$1,660 +67.9%	$59,100 +18.7%
2018	$989	$49,800 +0.2%
2017	--	$49,700 +2.9%
2016	--	$48,300 +8.5%
2013	--	$44,500 +0.7%
2012	--	$44,200 -1.6%
2011	--	$44,900

Find assessor info on the county website

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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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