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)
7
BED
4
BATH
3,169
SQFT

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 #:
201836503
Taxes
$6,046
Lot Size
2.4 acres
Type
Single-Family Home
Style
Cabin
Views
Water View
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
  • Full Bathrooms: 4
Interior Features
  • Doorwall
  • Wood Laminate
  • Appliances: Dishwasher
  • Vaulted Ceiling(s)
Subdivision
  • T30N R3W
Property Features
  • Foundation: Crawl
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air
Flooring
  • Hardwood
Utility Information
  • Sewer: 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