About 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.
Features of 1935 Limberlost Lane
| MLS® # | 477801 |
|---|---|
| Price | $205,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,005 |
| Year Built | 1969 |
| Type | Residential |
| Sub-Type | Residential |
| Status | Active |
| Lake | Other/See Remar |
| Water Front/Water Access | Water Front |
| Association | Other |
Community Information
| Address | 1935 Limberlost Lane |
|---|---|
| City | Gaylord |
| County | Otsego |
| State | MI |
| Zip Code | 49735 |
Amenities
| Features | Cathedral Ceilings, Ceiling Fans, Deck |
|---|---|
| Parking | None |
| Garages | None |
| Is Waterfront | Yes |
| Has Pool | No |
Interior
| Heating | Electric Baseboard |
|---|---|
| Has Basement | Yes |
| Basement | Crawl |
| Fireplace | No |
Exterior
| Windows | Thermo, Insulated, Double |
|---|---|
| Roof | Asphalt Shingle |
| Construction | Wood Frame/Site Built |
School Information
| District | Gaylord |
|---|
Additional Information
| Zoning | Residential |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 3000 |
| HOA Fees Freq. | year |
Listing Details
| Office | Jamie Woodall Real Estate |
|---|