$184,900

1937 Limberlost Ln Gaylord, MI 49735

Estimated payment $1,231/month

Total Views 357
3 Beds
2 Baths
870 Sq Ft
$213 Price per Sq Ft

Highlights

  • Hot Property
  • Docks
  • Cathedral Ceiling
  • 307 Feet of Waterfront
  • Deck
  • Main Floor Primary Bedroom

About This Home

Looking for the perfect Up North getaway on a beautiful peaceful lake — without breaking the bank? This well-maintained 3-bedroom, 2-bath Martin Lake condominium offers 307' sandy shared waterfront fun! Immaculate inside and out, it’s ideal for your personal retreat or as a proven income-generating rental with a strong booking history. The cozy bunk room upstairs features four custom-built beds, perfect for family and guests. Thoughtful updates include maintenance-free composite decking, stylish tile accents in the bathrooms, and more. tep With shared boat dock and swim docks, walk out your door to enjoy kayaking, paddle boarding, swimming, fishing, and lakeside relaxation right on the shores of serene Martin Lake — a hidden gem surrounded by mature woods and quiet natural beauty. Hike or bike some surrounding trails, or just kick your feet up! Perfectly located west of Gaylord and east of Boyne Mountain, with easy access to I-75, the Jordan Valley State Forest, and countless Northern Michigan adventures. Quiet roads invite peaceful walks and runs, while low utility costs with fast fiber optic internet, and affordable HOA fees make ownership simple and hassle-free. All furnishings are negotiable. A rare opportunity to own a slice of Northern Michigan at an exceptional value!

Listing Agent

Jamie Woodall

Jamie Woodall Real Estate License #6501396327 Listed on: 07/17/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $476

Year Built

  • Built in 1969

Lot Details

  • 307 Feet of Waterfront

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 870 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Shed

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 061-185-000-005-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$476

Year Built

Built in 1969

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1969
  • Lvt Date: 07/17/2025
  • Section: 27
  • Second Address Number: 1937
  • Directions: M75 to Martin Lake Rd. to Limberlost Ln.
  • Price per Sq Ft: 212.53
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1969

Interior Features

  • Features: Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Dock, Garbage Disposal, Mini Blinds, Refrigerator, Wood Fireplace
  • Total Finished Sq Ft: 870
  • Master Bedroom: Dimensions: 10 x 15, On Level: Main
  • Bedroom 2: Dimensions: 8 x 12, On Level: Upper
  • Bedroom 3: Dimensions: 7 x 10, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: Dimensions: 5 x 6, On Level: Main
  • Kitchen: Dimensions: 8 x 10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 10 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 870
  • Bathroom 1: Dimensions: 8 x 9, On Level: Main
  • Bathroom 2: Dimensions: 6 x 8, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl, Double

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 307'
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Utilities

  • Heat Type: Electric, Electric Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 1937
  • Condo: Yes
  • Fees: 2000

Schools

  • School District: Gaylord
  • School District: Gaylord

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 061-185-000-005-00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $476 $67,500 $0 $0
2023 $936 $62,500 $0 $0
2022 $442 $20,000 $0 $0
2021 $364 $17,500 $0 $0
2020 $1,018 $35,000 $0 $0
2019 $1,097 $30,000 $0 $0
2018 -- $25,000 $25,000 $0
2017 -- $34,000 $0 $0
2016 -- $34,000 $0 $0
2013 -- $34,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $184,900 +21.6% $213 / Sq Ft
11/09/2023 11/09/23 Sold $152,000 -- $154 / Sq Ft
Source: Northern Michigan MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $152,000 --
Warranty Deed $45,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 New Conventional
Source: Public Records

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Source: Northern Michigan MLS

MLS Number: 477194

Northern Michigan MLS

APN: 061-185-000-005-00