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1935 Limberlost Lane, 
Gaylord, MI 49735

$205,000


4

Beds


2

Baths


1,005

Sq Ft


Condo

Active

Listed by

Jamie Woodall

Jamie Woodall Real Estate

231-923-9501

Last updated:

October 30, 2025, 03:34 PM

MLS#

477801

Source:

MI NMMLS

About This Home

1935 Limberlost Lane

Open House: Saturday, October 4th, 10am–1pm Northern Michigan Waterfront Condo – Strong STR Performer This 4-bedroom, 2-bath condo on Martin Lake offers both a prime waterfront lifestyle and a proven rental history. The property has consistently delivered results, generating $50K+ in 2024, $47K+ in 2023, and is tracking $40K+ in 2025 despite a three-month offline period due to ice storm (Financials provided at request of owner). The condo comfortably sleeps 8, with negotiable furnishings and brand-new low-maintenance composite decking. The HOA's 307 feet of sandy frontage draws steady demand for swimming, kayaking, boating, and fishing, while year-round activities nearby—skiing, golf, wineries, and trails—support consistent occupancy. Conveniently located between Gaylord and Boyne Mountain with quick I-75 access, this unit benefits from four-season traffic and modern amenities including fiber-optic internet, modest HOA dues, and low utilities. Turnkey waterfront investment opportunities at this price point with such a strong rental track record are rare in Northern Michigan. Competitive 5-Star Rental & Property managment opportunity onsite. This condo is move-in ready and income-ready from day one.

Home Facts

Condo

2 Baths

4 Bedrooms

Built in 1969

Price Summary

205,000

$203 per Sq. Ft.

MLS #:

477801

Last Updated:

October 30, 2025, 03:34 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,005 Sq. Ft.


Structure

Structure

Building Area:

1,005 Sq. Ft.

Year Built:

1969


Finances & Disclosures

Finances

Price:

$205,000

Price per Sq. Ft:

$203 per Sq. Ft.

Source:MI NMMLS
The information being provided by Northern Michigan Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Northern Michigan Mls All rights reserved.

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