# 3551 W Otsego Lake Drive, Gaylord, MI 49735

> **TL;DR:** 7bd/4ba single family, $895,000 ($282/sqft), 3,169 sqft.
> Waterfront. Est. $3,878/mo. Listed 28 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $895,000 |
| Price/sqft | $282 |
| Bedrooms | 7 |
| Bathrooms | 4 full |
| Square Feet | 3,169 |
| Lot Size | 104,544 sqft (2.40 acres) |
| Property Type | Single Family (Cabin) |
| Status | For Sale |
| Days on Market | 28 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,878 |
| **Total** | **$3,878** |

## Nearby Schools

- **Elementary:** Gaylord
- **High:** Gaylord

## Key Amenities

- Waterfront

## Property Highlights

- 2.40 acre lot
- Waterfront

## Description

### Agent Description
Endless possibilities 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. Schedule showings through MLS# 201839826.

## Location

- **Address:** 3551 W Otsego Lake Drive, Gaylord, MI 49735
- **County:** Otsego
- **Neighborhood:** T30N R3W
- **Coordinates:** 44.980552, -84.69613
- **Google Maps:** https://www.google.com/maps?q=44.980552,-84.69613

## Listing Agent

- **Name:** Ryan Wojan
- **Brokerage:** smith realty GROUP
- **Phone:** 3125458596
- **Email:** ryan@smithrealtygaylord.com

## Primary Photo

![3551 W Otsego Lake Drive - Primary Photo](http://lh.rdcpix.com/212524f53305eef6f22f70eb579429b7l-f591576929r.jpg)

*56 total photos available on [listing page](https://www.propertysimple.com/listing/3551-w-otsego-lake-drive-gaylord-mi-49735-01839794)*

---

**MLS#:** 201839794 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3551-w-otsego-lake-drive-gaylord-mi-49735-01839794)

---

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