LKV Realty
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$365,000
$1,900Reward *
642 Sharon Street, Gaylord, MI 49735 9527Listing ID 61006279

642 Sharon Street, Gaylord, MI 49735 9527

Active
Pleasant View
Time on site: 53 daysLast updated: Jul 7, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,162
Acres
Acres
0.26
Days on Site
Days on Site
53
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1960
Stories
Stories
2
Garages
Garages
2

Rare investment opportunity just steps from Wah Wah Soo Beach and beautiful Otsego Lake! This unique property features two separate residential units on one parcel, offering tremendous flexibility for investors, vacation homeowners, multi-generational living, or those seeking rental income in one of Gaylord's most desirable recreational areas. The first residence features 2 bedrooms, 1 bath, an open-concept layout, and a spacious 2-car attached garage. Elevated above the garage, the home offers comfortable living space with excellent natural light and a functional floor plan. The second residence offers 3 bedrooms and 1 bath, providing ample space for year-round living, guests, or rental opportunities. Located just a short walk from Wah Wah Soo Beach, one of Otsego Lake's most popular public access points, owners and guests can enjoy swimming, boating, fishing, paddleboarding, and all the recreational opportunities that make Northern Michigan so special. At the end of the street, residents enjoy access to a non-conforming dock on Otsego Lake. Outdoor recreation extends well beyond the lake. The property is conveniently located near the Iron Belle Trail, Michigan's premier hiking and biking trail system, as well as Trail 7, one of Northern Michigan's primary snowmobile corridors, offering four-season adventure right from your doorstep. With no known short-term rental restrictions, this property presents exciting income-producing potential. Whether utilized as long-term rentals, vacation rentals, owner-occupied housing with supplemental income, or a family retreat, the possibilities are endless. Both homes are serviced by a shared well, while each residence maintains its own septic system. Conveniently located just minutes from downtown Gaylord's shopping, dining, golf courses, skiing, and entertainment, this is an affordable opportunity to own a versatile income-producing property near one of Northern Michigan's premier all-sports lakes. Two homes. One parcel.

Property Information

Property Details

Location

Address
642 Sharon Street
County
Otsego
City
Gaylord
Zip Code
49735 9527
Subdivision
Pleasant View
School District
Gaylord Community Schools
MLS Area
Bagley Twp (69001)
@properties Christie's Int'l R.E. Birmingham, (248) 850-8632

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
2

Building

Building Information

Square Feet
2,162
Year Built
1960
Stories
2
Construction
Vinyl Siding
Foundation
Basement

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$3,288

Market Report for 49735 9527

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
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Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

RC434840