Contingent

$315,000

5500 Oley Lake Rd, Gaylord, MI 49735

3beds

1,936sqft

Est.:

Single Family Residence

Built in 1990

2.02 Acres Lot

$306,500 Zestimate^®

$163/sqft

$-- HOA

What's special

Wired for surround soundLighted display cabinets

Embrace daily country living surrounding this family home on 2 acres, yet close to town, schools, resorts, lakes and more. This 3 bedroom 2 1/2 bath home has been well maintained and loved. It sits on 2.02 acres of nature. Comes with an automatic turn on Generator, ring camara, 100 amp sub panel and air compressor hook up in a heated 2 car garage. Drip systems for the back of the house and along the west side for the beautiful flowers thoughtfully planted around this very loved home. Wired for surround sound, lighted display cabinets, along with many other personal touches added through the years. This very well could be your dream home.

15 days

2,979

139

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Hot Water, Propane

Appliances

Included: Range/Oven, Dishwasher
Laundry: Upper Level

Features

Ceiling Fan(s), Walk-In Closet(s)
Windows: Egress Windows, Blinds, Curtain Rods, Drapes
Basement: Finished

Interior area

Total structure area: 1,936
Total interior livable area: 1,936 sqft
Finished area above ground: 1,024

Property

Parking

Parking features: Driveway, Garage Door Opener
Has garage: Yes
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Doors

Features

Levels: Bi-Level
Patio & porch: Deck
Has spa: Yes
Spa features: Bath
Fencing: Fenced
Frontage type: None

Lot

Size: 2.02 Acres
Dimensions: 288 x 306 x 288 x 306
Features: Landscaped, Natural

Details

Additional structures: Shed(s)
Parcel number: 03100930001000
Zoning: AR
Special conditions: Listing Status; Active w/ Contingencies

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Basement

Condition

Year built: 1990

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: T30N-R2W

Location

Region: Gaylord

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $184,200
Annual tax amount: $1,050
Date on market: 3/5/2026
Listing terms: Cash,Conventional Mortgage,FHA,VA Loan
Ownership: Owner
Road surface type: Paved, Maintained

Estimated market value

$306,500

$291,000 - $322,000

$2,403/mo

Price history

Date	Event	Price
3/14/2026	Contingent	$315,000$163/sqft
Source: WWMLS #201838924 Report a problem
3/5/2026	Listed for sale	$315,000+117.2%$163/sqft
Source: WWMLS #201838924 Report a problem
11/23/2004	Sold	$145,000$75/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,050 +9%	$92,100 +9.6%
2024	$963 +4.5%	$84,000 +12%
2023	$922 +1.9%	$75,000 +22%
2022	$904 -11.1%	$61,500 +5.7%
2021	$1,016 -35.2%	$58,200 +2.3%
2020	$1,568 +64.7%	$56,900 +12.5%
2018	$952	$50,600 +0.6%
2017	--	$50,300 +0.6%
2016	--	$50,000 +26.6%
2013	--	$39,500
2012	--	$39,500 -2.5%
2011	--	$40,500 -2.2%
2010	--	$41,400