1935 Limberlost Lane, Gaylord, MI 49735

Description

Northern Michigan Waterfront Investment Property – Martin Lake Townhome for Sale Looking for a profitable short-term rental investment or the perfect Up North getaway? This well-maintained 4-bedroom, 2-bath Martin Lake townhome offers both — combining affordable ownership with proven income potential. With 307 feet of shared sandy waterfront, this move-in-ready condo delivers year-round enjoyment and consistent rental demand in one of Northern Michigan’s top vacation destinations.Inside, you’ll find a turnkey retreat with thoughtful updates and space for everyone. A highlight is the upstairs bunk room with four custom-built beds — a guest favorite for families and groups. Updated bathrooms, stylish finishes, and low-maintenance composite decking make ownership simple. All furnishings are negotiable, giving investors the option of a fully furnished setup ready to rent immediately.This condo isn’t just a retreat — it’s been a proven income generator with strong booking history. Vacationers love Martin Lake’s sandy beach, boat dock, swim areas, kayaking, paddleboarding, and fishing. A brand new composite deck creates space for outdoor entertaining, while the wooded setting ensures peace and privacy. Guests enjoy the mix of natural beauty and adventure — exactly what today’s Northern Michigan renters seek.Perfectly located between Gaylord and Boyne Mountain, with quick access to I-75, Jordan Valley State Forest, golf, wineries, trails, and ski resorts, it attracts both summer and winter visitors. Add in low utilities, fiber-optic internet, and modest HOA fees, and this is one of the most affordable ways to own true Northern Michigan waterfront.Highlights:Sleeps 8 comfortably, Strong rental history (details available), Prime lakefront location, Year-round rental demand, Turnkey with furnishings.Waterfront properties in Northern Michigan are limited, and those with rental records rarely come to market at this value.This condo checks every box! Showings begin 9/20/25!

Directions

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