$629,840

5124 Islanders Way Gladwin, MI 48624

Estimated payment $3,555/month

5 Beds
3 Baths
2,984 Sq Ft
$211 Price per Sq Ft

Highlights

  • Airport or Runway
  • Lake Front
  • Pier or Dock
  • Gladwin High School Rated 9+
  • Beach
  • Golf Course Community

About This Home

Experience extraordinary waterfront living on nearly one acre with an incredible 333 feet of frontage on beautiful Lake Lancer in Sugar Springs. (FLY THRU DRONE TOUR AT THE END OF REMARKS). Perfectly positioned to own the entire point, this exceptional property offers unmatched privacy, breathtaking panoramic lake views, and endless opportunities to enjoy life on the water. With over 2,900 square feet of finished living space, including a walkout lower-level game room, this spacious home is designed for both everyday comfort and unforgettable gatherings. Featuring five bedrooms and three full bathrooms, there's plenty of room for family and guests. The open-concept main level is filled with natural light thanks to walls of windows that showcase stunning lake views from nearly every room. The primary suite and a full bath are conveniently located on the main floor, while four additional bedrooms and another full bath await upstairs beneath beautiful white knotty pine ceilings. An upper-level balcony provides the perfect place to enjoy your morning coffee while taking in the peaceful waterfront setting. Outdoor living is truly exceptional. Entertain on the expansive wraparound deck, unwind on two spacious patios, soak in the hot tub overlooking the lake, or gather around the fire pit for evenings under the stars. Relax in a hammock beneath the birch trees, stroll through the charming garden, or spend the day on the waterside deck. Surrounded by mature woods and protected by a durable steel seawall, this property offers the perfect blend of natural beauty and peace of mind. As a Sugar Springs property owner, you'll enjoy access to outstanding resort-style amenities, including sparkling all-sports lakes, private beach clubs, scenic walking trails, championship golf, dining, a fitness center, an indoor heated pool, and year-round recreation. This is more than a lake home—it's a rare opportunity to own one of Lake Lancer's most spectacular waterfront properties. (Disclaimer: "Some photos may be digitally enhanced") (((TAKE A FLY THRU DRONE THOUR: )))

Listing Agent

Ivie Baker

Baker-Kehoe Realty LLC License #CGBOR-6502368792 Listed on: 07/08/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 40,511 Sq Ft Lot
  • Lot Dimensions are 153x180x264.7x67.84x252.6
  • Lake Front
  • Sandy Beach
  • Rural Setting
  • Wooded Lot

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Chalet
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 2.5 Car Attached Garage
  • Driveway

Pool

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Drilled Well
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 060-120-000-006-00

Community Details

Overview

  • Association fees include hoa
  • Office HOA
  • Islander Realm Subdivision

Amenities

  • Restaurant
  • Airport or Runway
  • Clubhouse
  • Community Storage Space

Recreation

  • Pier or Dock
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Spa
  • Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0.93 Acres

HOA Fees

$53 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 3617.64
  • Total Tax Year: 2025
  • Year Built: 1980
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Full, Partially Finished, Walk Out, Interior Access
  • Bedrooms: 5
  • Bedroom 1: On Main Floor, Dimensions: 12 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 15 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 15 x 12
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On Upper Floor, Dimensions: 15 x 12
  • Bedroom 4 Floor Covering: Carpet
  • Bedroom 5: On Upper Floor, Dimensions: 18 x 12
  • Bedroom 5 Floor Covering: Carpet
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 8 x 8, On Level: Main, Flooring: Tile
  • Bathroom 2: Dimensions: 8 x 6, On Level: Main, Flooring: Tile
  • Bathroom 3: Dimensions: 9 x 8, On Level: Upper, Flooring: Laminate
  • Dining Room: On Main Floor, Dimensions: 19 x 11
  • Dining Room Floor Covering: Laminate
  • Great Room: In Basement, Dimensions: 24 x 21
  • Kitchen: On Main Floor, Dimensions: 16 x 9
  • Kitchen Floor Covering: Tile
  • Laundry: On Main Floor, Dimensions: 12 x 9
  • Laundry Room Floor Covering: Tile
  • Living Room: On Main Floor, Dimensions: 25 x 15
  • Living Room Floor Covering: Laminate
  • Below Grade Sq Ft: 1144
  • Finished Below Grade Sq Ft: 504
  • Above Grade Finished Sq Ft: 2480
  • Total Finished Sq Ft: 2984

Exterior Features

  • Pool: Yes
  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Patio, Porch
  • Foundation: Basement
  • Frontage: 333
  • Lake Name: Lake Lancer
  • Road: City/County, Paved Street, Year Round
  • Water Features: All Sports Lake, Dock/Pier Facility, Lake Frontage, Waterfront, Interior Lake, Sandy Bottom
  • Waterfront: Yes
  • Sideof Street: E
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2.5
  • Parking: 2 Spaces, 3 or More Spaces, Garage, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well, Drilled Well
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Hoa
  • HOA Fees: 640
  • HOA Fee Frequency: Yearly
  • Community Features: Club House, Exercise/Facility Room, Golf Course, Park, Playground, Pool/Hot Tub, Tennis Courts, Airport/Runway, Restaurant, Storage, Beach Area, Trail(s)
  • Association Contact: Office
  • Association Phone: 989-426-4111
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 060-120-000-006-00
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft., Treed
  • Lot Dimensions: 153x180x264.7x67.84x252.6
  • Acreage: 0.93
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Wooded

Rental Info

  • Pets Allowed: Yes
  • Application Fee: 15

Tax Info

  • Summer Tax: Year: 2025, Amount: $1,444.62
  • Winter Tax: Year: 2025, Amount: $2,173.02
  • Total Tax: Year: 2025, Amount: $3,617.64

MLS Schools

  • School District: Gladwin Community Schools

Map

Range of Values:

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,445 $260,000 $0 $260,000
2024 $14 $223,400 $0 $223,400
2023 $1,456 $194,700 $0 $0
2022 $1,445 $165,600 $0 $0
2021 $3,074 $165,000 $0 $165,000
2020 $2,912 $151,600 $0 $151,600
2019 $2,819 $130,500 $0 $130,500
2018 $2,761 $128,800 $0 $128,800
2017 $2,676 $133,500 $47,500 $86,000
2016 $2,455 $102,100 $45,000 $57,100
2015 -- $0 $0 $0
2014 -- $92,300 $47,500 $44,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2026 07/08/26 For Sale $629,840 -- $211 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50214285

Clare Gladwin Board of REALTORS®

APN: 060-120-000-006-00

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