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7579 W Otsego Lake Dr, Gaylord, MI, 49735

$1,195,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,409 SqFt
$496/SqFt
House
Schools Nearby

Location

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7579 W Otsego Lake Dr, Gaylord$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingElectricity, Door Opener, Heated, Attached
Attached Garage3 spaces
Year Built1997
HeatingNatural Gas, Baseboard, Hot Water, Radiant
CoolingCeiling Fan(s)
FireplaceGas, Great Room, Primary Bedroom
MLS #20240031595
Lot Size0.46 Acres
StatusActive

About 7579 W Otsego Lake Dr

Discover this stunning 4 bed, 3 bath home nestled along 107 ft of sandy beach on Otsego Lake's South shore! The gourment kitchen features high-end stainless steel appliances, quartz counters, and marble backsplash. Enjoy the lake views from the dining and main living areas which boast a gas fireplace and new luxury vinyl plank flooring. The spacious primary suite offers a gas fireplace, walk in closet, and bath with a dual sink vanity, jetted tub and separate shower. Step onto the covered porch to enjoy the expansive lake views and gardens. The property includes a 3 car heated garage, sprinkler system and brick paver patio with hot tub perfect for entertaining. Bonus: Adjacent .52 acre property is also available with 1500sqft furnished cabin + two additional cabins for refurbishment for guests or rentals. $350,000.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Cottage, Victorian
  • Year Built: 1997
  • Stories: 2
  • Living Area: 2,409 SqFt

Listing Office:

  • Office Name: Andover Real Estate
  • Office Phone: (248) 206-3666
  • Listing Agent: Scott Rubin

Interior Features

Interior Information:

  • Appliances: Energy Star Dryer, Energy Star Washer, Dishwasher, Disposal, Exhaust Fan, Gas Oven, Refrigerator, Gas Cooktop, Ice Maker, Microwave, Range Hood, Stainless Steel Appliance(s)
  • Basement: No
  • Interior: Furnished - Negotiable, Water Softener (owned)
  • Fireplace: Gas, Great Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Electricity, Door Opener, Heated, Attached

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Hot Water, Radiant
  • Cooling: Ceiling Fan(s)

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: Old 27 South, right on Mancelona Road, Right on West Otsego Lake Drive., property onright

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $496/SqFt
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Housing Market Comparison

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

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Gaylord, MI

City

Med. Sold Price

$250K

Med. Price/SqFt

$123

Avg. Days On Market

1

# of Sold Homes

24

7579 W Otsego Lake Dr vs Gaylord

10 DAYS ON ROCKET

+9 Days

$1,195,000

+$945K More

$496/SqFt

+$373 More

KEY TAKEAWAY

This property is $945K more than the Median Sold Price and $373/SqFt more than other homes in Gaylord, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240031595

Listing Office:

  • Office Name: Andover Real Estate
  • Office Phone: (248) 206-3666
  • Listing Agent: Scott Rubin

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2024, 10:20:37 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

Jul 13, 2020Home Sold
$555,500
Sep 15, 2008Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $226,500
2019 - $195,400
2018 - $169,400
2017 - $162,200

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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NMLS#3030

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-4189471
5
/10

  • Gaylord Intermediate School

  • 240 E 4th St

  • 7.19 miles

  • Public Magnet Grades 3-6

Middle School

school-card-donut-4189472
4
/10

  • Gaylord Middle School

  • 600 E 5th St

  • 7.10 miles

  • Public Magnet Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,250. The most common annual income of people living in Gaylord, MI is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7579 W Otsego Lake Dr

What is the listing price of this property?

The listing price of 7579 W Otsego Lake Dr property is $1,195,000.

What type of property is this?

The property 7579 W Otsego Lake Dr is a house located in Gaylord, Michigan, 49735.

Is this property for sale now?

Active Listing: 7579 W Otsego Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7579 W Otsego Lake Dr are:
Gaylord Intermediate School: GreatSchools Rating 5/10
Gaylord Middle School: GreatSchools Rating 4/10

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

The last sale was on July 13, 2020 for $555,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7579 W Otsego Lake Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7579 W Otsego Lake Dr is 2,409 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7579 W Otsego Lake Dr is 1997.

Rocket Homes›Michigan›Otsego County›Gaylord›49735›7579 W Otsego Lake Dr

This home is located at 7579 W Otsego Lake Dr in Gaylord, MI and zip code 49735. This 2,409 square foot home, which was built in 1997, sits on a 0.46 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $1,195,000.

While more than 2 listings in Gaylord, MI in April 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 13 were sold below. In April 2024 in Gaylord, MI there were 29.6% more homes for sale than in March 2024. While the average time on the market in April 2024 was 1 days, the median list price was $250,000.

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

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