3551 W Otsego Lake Drive Gaylord, MI 49735
Listing Courtesy of: WATER WONDERLAND / Smith Realty Group

  3551 W Otsego Lake Drive Gaylord, MI 49735

Active
$995,000 (USD)

Description

Possibilities abound for this unique, multifamily property on Otsego Lake. 4 cottages with excellent short- and long-term rental history, 150' of beautiful, sandy Otsego Lake frontage and 2.4 acres of prime property. Only a handful of lots this size still exist on Otsego Lake. Two cottages were built in 2015, Two renovated. Shared 20x20 garage for storage, private water system, newer pump-back septic system upgraded in 2015. The lot size gives you the option of adding additional cottages or a larger residence. There is also room for a large outbuilding, which could be divided for separate storage. Great return on investment as-is, or expand for even higher potential.

MLS #:
201836501
Taxes
$6,046
Type
Multifamily
Style
Cottage
School District
Gaylord
County
Otsego County
Community
Bagley

Listed By

Ryan Wojan, Smith Realty Group
Source
WATER WONDERLAND
Last checked Oct 14 2025 at 8:03 PM GMT+0000
Bathroom Details
Interior Features
  • Doorwall
  • Vaulted Ceilings
  • Hardwood Floors
  • Cable
  • Vinyl Floors
  • Ceiling Fans
  • Appliances: Gas Range/Oven
  • Appliances: Refrigerator
  • Appliances: Electric Range
  • Appliances: Microwave
Subdivision
  • T30N R3W
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Wood
  • Central Air
  • Window A/C
Exterior Features
  • Other
  • Aluminum
  • Vinyl
Utility Information
  • Sewer: Shared Septic, Septic Tank
School Information
  • Elementary School: Gaylord
Garage
  • Detached/Un
Location
   
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Disclaimer: Copyright 2025 Water Wonderland Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/14/25 13:03