1935 Limberlost Lane, Gaylord, MI 49735

Description

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.

Directions

M75 to 32 to Martin Lake Rd. to Limberlost Ln.