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2500 Five Lakes Rd, Gaylord, MI, 49735

$70,000

10.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #473499
Lot Size10.00 Acres
StatusActive

About 2500 Five Lakes Rd

Embrace the tranquility of Northern Michigan with this peaceful 10 acre parcel on Five Lakes Road! Offering a flat terrain and lush forest surroundings as well as a vacant 36+ acre parcel next door (owned by Gaylord Community Schools), this property presents an idyllic canvas for constructing your dream home. Situated in a desirable location, it provides both seclusion and convenience with beautiful Lakes seconds down the road and Gaylord only minutes. Don't let this prime opportunity slip away to own a piece of Michigan's natural beauty, ideal for crafting your perfect retreat!

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Schmidt - Boyne City
  • Listing Agent: Lisa Ferguson

Lot Features

Lot Information:

  • Lot: Near Snowmobile Trails, Level
  • Lot Size: 10.00 Acres

School Info

Assigned Schools Information:

  • Gaylord Middle School, Public Magnet Grades 6-8
  • Gaylord Intermediate School, Public Magnet Grades 3-6

Other

Directions Information:

  • Directions: Take Townline Road to Five Lakes Road. Property is on the left. Look for Realtor sign!

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
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Housing Market Comparison

See how this home compares to others in Gaylord, MI.

Med. Sold Price

$250K

Med. Price/SqFt

$123

Avg. Days On Market

1

# of Sold Homes

24

2500 Five Lakes Rd vs Gaylord

14 DAYS ON ROCKET

+13 Days

$70,000

-$180K Less

KEY TAKEAWAY

This property is $180K less than the Median Sold Price in Gaylord, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #473499

Listing Office:

  • Office Name: Coldwell Banker Schmidt - Boyne City
  • Listing Agent: Lisa Ferguson

IDX The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information 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 about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 6:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2018Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $11,700
2019 - $10,800
2018 - $12,800

History based on county public records data.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4580649
7
/10
  • Gaylord Intermediate School

  • 240 E 4th St

  • 2.58 miles

  • Public Magnet Grades 3-6

Middle School

school-card-donut-4580650
6
/10
  • Gaylord Middle School

  • 600 E 5th St

  • 3.01 miles

  • Public Magnet Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,024. Most Gaylord, MI residents have annual incomes between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2500 Five Lakes Rd

What is the listing price of this property?

The listing price of 2500 Five Lakes Rd property is $70,000.

What type of property is this?

The property 2500 Five Lakes Rd is land located in Gaylord, Michigan, 49735.

Is this property for sale now?

Active Listing: 2500 Five Lakes Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2500 Five Lakes Rd are:
Gaylord Intermediate School: GreatSchools Rating 7/10
Gaylord Middle School: GreatSchools Rating 6/10

When was this property sold last time and for how much?

The last sale was on May 18, 2018 for $35,000. (source: MLS/tax record).

How much acreage is this property?

The property 2500 Five Lakes Rd is 10.00 acres.
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Rocket HomesMichiganOtsego CountyGaylord497352500 Five Lakes Rd

This home is located at 2500 Five Lakes Rd in Gaylord, MI and zip code 49735. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $70,000.

Gaylord, MI housing market in April 2024 saw over 2 listings sold above listed price, more than 9 sold at listed price and over 13 sold below. The number of homes for sale in Gaylord, MI increased by 29.6% between March 2024 and April 2024. In April 2024, listings were on the market for 1 days. During the same period, the median list price in this real estate market was $250,000.

From Rocket Homes Real Estate and based on county public records data.

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