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Front exterior at 5420 Blue Lake Drive, Gladwin, MI
Interior view at 5420 Blue Lake Drive, Gladwin, MI
Photo 33 at 5420 Blue Lake Drive, Gladwin, MI
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5420 Blue Lake Drive, Gladwin, MI 48624

2beds
1baths
940sqft
1980

$199,000

$212/sqft · Est. $1,364/mo

About This Home

This 2-bedroom, 1-bathroom single family at 5420 Blue Lake Drive in Gladwin, MI is listed for $199,000 ($212 per sqft). Built in 1980, the home offers 940 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 1980
  • 1.00 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
1980

Amenities

Fireplace
Listing Description

**YOUR BLUE LAKE ESCAPE AWAITS!** Nestled on 1.16 acres in sought-after Blue Lake Estates in northern Gladwin County, this beautifully updated chalet offers the perfect combination of peaceful surroundings, modern comforts, and year-round recreation! Perched on a hillside, the home enjoys lovely views of private Blue Lake from its upper balcony.

Step inside to an interior that looks straight out of a magazine! Thoughtfully updated throughout, you'll appreciate the new flooring, light fixtures, six-panel doors, and gorgeous kitchen featuring granite countertops and a tile backsplash. The inviting living room showcases soaring vaulted ceilings and a wood-burning fireplace, creating the perfect gathering space after a day on the lake or trails.

Sliding glass doors from both the living and dining rooms lead to the balcony, where you can relax and take in the beautiful surroundings. The main level offers a bedroom and full bath, while a second bedroom is tucked away upstairs. The full, unfinished walkout basement provides endless possibilities for additional living space, a recreation room, or storage.

Beyond its beautiful interior, substantial improvements provide added peace of mind, including a newer furnace, 5-inch well and bladder tank, updated electrical with generator hookup, upper balcony, water softener system, and all exterior doors. All appliances are included!

Residents of Blue Lake Estates enjoy access to a private beach area, kayak and canoe launch, and playground. Outdoor enthusiasts will love the proximity to the Meredith Grade ORV and snowmobile trailhead, while the convenient location between Gladwin and Houghton Lake puts even more Northern Michigan adventures within reach. Whether you're searching for a weekend retreat or a beautiful place to call home year-round, this exceptional property offers a wonderful opportunity to enjoy the Up North lifestyle!

Monthly Cost Estimate

$1,364/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58
HOA$300

Estimates only. Actual payments may vary.

Location

5420 Blue Lake Drive

Gladwin, MI 48624

Blue Lake Estates

Features & Amenities

Exterior Features

Exterior BalconyDeck

Property Details

Outdoor Features

Deck

Heating

Forced Air

Cooling

Ceiling Fan(s)

Appliances

DishwasherDryerMicrowaveRange/OvenRefrigeratorWasherWater Softener - Owned

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5420 Blue Lake Drive is listed at $199,000 ($212/sqft). The estimated monthly payment is $1,364 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $300/month.

Key features include: Built in 1980, 1.00 acre lot, 2 stories, Fireplace. Exterior Features: Exterior Balcony, Deck.

This property is listed by Sonya Loose.

SL

Sonya Loose

Agent at Century 21 Signature Realty

Listed by Century 21 Signature Realty · Broker phone: (989) 921-7000 · Broker website

MLS# 50227595· Source: Multiple Listing Service MiRealSource· 2 days on PropertySimple

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5420 Blue Lake Drive, Gladwin, MI 48624

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