Otsego Lake Homes under $500,000

Welcome to the picturesque neighborhood surrounding Otsego Lake, nestled in the heart of Otsego County, Michigan. This charming community is a true gem for those seeking a serene lifestyle, offering a perfect blend of natural beauty and suburban convenience.

Otsego Lake is renowned for its stunning landscapes, crystal-clear waters, and abundant recreational opportunities. Whether you’re an outdoor enthusiast or simply looking to unwind, this area provides a plethora of activities such as fishing, boating, and hiking along scenic trails. The tranquil ambiance of the lake creates an ideal backdrop for family picnics, summer barbecues, and peaceful evenings spent watching the sunset over the water.

The neighborhood is characterized by its friendly atmosphere and strong sense of community. Residents enjoy a welcoming environment, with local events and gatherings that foster connections among neighbors. Families will appreciate the excellent schools and well-maintained parks, making it a fantastic place to raise children.

For those in search of their dream home, the Otsego Lake area offers an impressive selection of properties priced under $500,000. From charming cottages with lake views to spacious family homes nestled in quiet streets, there’s something to suit every taste and lifestyle. Many homes feature modern amenities while retaining the rustic charm that defines this beautiful region.

Experience the allure of Otsego Lake, where nature meets community, and discover the perfect home that fits your budget and desires. Your idyllic lakeside living awaits!

Newest Otsego Lake Homes under $500,000

$329,900

4 Beds ⋅ 2 Baths ⋅ 201843114 MLS

Tucked among the trees in Michaywé, this 4 bedroom, 2 bath home has a character all its own. The living space features an open layout with exposed beams and a stone fireplace, while large windows keep the wooded setting in view. Outside is where things get interesting, with multiple levels of decking wrapping through the trees and creating outdoor spaces that feel like part of the surroundings. An attached garage and plenty of room for family or guests add to the functionality. Enjoy all the amenities Michaywé has to offer.

638 Snowmass Ct, Gaylord

$239,000

2 Beds ⋅ 3 Baths ⋅ 201843102 MLS

Northern Michigan golf course living! Spacious 2-bedroom, 3-bath condo overlooking the 10th hole of Michaywe's notable Pines Course. Designed for easy main-level living, the home features two separate suites, each with its own private deck. The living room features a spectacular view of the golf course and a wood-burning fireplace, creating that warm, inviting space. A mini-split system provides efficient heating and cooling, while cable internet adds everyday convenience. The attached 1-car garage offers additional storage and parking. A great opportunity to enjoy the peaceful setting and amenities of Michaywe.

6266 Whispering Lake Dr, Gaylord

$285,000

2 Beds ⋅ 2 Baths ⋅ 201843007 MLS

Nestled on a private wooded lot in the desirable Michaywé community of Gaylord, Michigan, this charming 2-bedroom, 2-bath home offers the perfect blend of comfort, privacy, and Northern Michigan living. The distinctive prow-front design floods the interior with natural light, while the expansive deck and inviting 4-season room walk out to the private lot and overlook the natural wooded setting to the west--ideal for year-round relaxation as the seasons change. Practical features include a paved driveway, a convenient two-car attached garage, and an extra storage shed for outdoor gear and seasonal items. As a Michaywé resident, you'll enjoy access to outstanding community amenities including the championship golf course, indoor and outdoor pools, trails, and recreation facilities.

7068 Pheasant Run Rd, Gaylord

$425,000

3 Beds ⋅ 2 Baths ⋅ 201842955 MLS

TO BE BUILT in Michaywe. Make it yours from the start! This thoughtfully designed 3-bedroom, 2-bath home features an open layout, vinyl plank flooring, quartz countertops, and stainless steel appliances. Choose your preferred colors and finishes now to create a home that reflects your style. Enjoy all that Michaywe has to offer, including golf, swimming pools, hot tub, tennis courts, trails, the clubhouse with restaurant and bar, and access to the all-sport Opal Lake beach area.

2269 Opal Lake Rd, Gaylord

$299,900

3 Beds ⋅ 3 Baths ⋅ 201842828 MLS

WELCOME HOME to this charming 3 bedroom, 2.5 bath ranch nestled quietly at the end of a peaceful cul-de-sac in desirable Michaywe! Designed for easy one-level living, this home features a bright, open floor plan on a crawl space. The spacious living area flows seamlessly into the dining and open kitchen with pantry, perfect for everyday life and effortless entertaining. Relax in the comfortable primary suite complete with a private full bath, alongside two additional cozy bedrooms and full bath. Convenient laundry/half bath coming in from heated garage! Enjoy all the perks of Michaywe living, including golf, clubhouse access, swimming pools, trails, and dining right in your neighborhood. Tucked away with minimal traffic, this property offers privacy, comfort, and community amenities!!

6774 Dogwood Ct, Gaylord

$399,900

3 Beds ⋅ 2 Baths ⋅ 201842774 MLS

Stunning 3-bedroom, 2-bath home nestled on five lots totaling approximately 3.5 private acres, with no homes able to be built directly on either side. Large master suite upstairs that includes an office. Knotty pine throughout most of the home gives this the perfect Northern Michigan feel. Features include a heated garage with a finished bunkhouse above, a large expansive deck, abundant wildlife, and direct snowmobile access from your driveway to the trails. Enjoy all the amenities Michaywé has to offer, including golf, dining, a pool, beach, pickleball, tennis, bocce ball, and cross-country ski trails. Turnkey and ready to enjoy--just in time for beautiful fall colors and snowmobile season!

738 Timber Valley Rd, Gaylord

$229,000

3 Beds ⋅ 2 Baths ⋅ 201842746 MLS

Well-maintained 3-bedroom, 2-bath home featuring an open, bright floor plan and spacious bedrooms with walk-in closets. Enjoy beautiful views of Otsego Lake and stunning sunsets from this peaceful space encompassing over .6 acres off First Court Avenue. Recent updates include a brand-new roof and newer windows. The spacious lot offers room to relax and enjoy the outdoors, while the detached 24x40 garage with workshop provides plenty of space for vehicles, toys, storage, and projects. Just 2 minutes from Otsego Lake State Park for boating, fishing, camping, and recreation, with convenient access to snowmobile and biking trails on Trail 7. Natural gas and cable internet.

7621 Old Us Highway 27, Gaylord

$220,000

3 Beds ⋅ 2 Baths ⋅ 201842702 MLS

This is a very nicely maintained home. Just North of Waters and just South of Gaylord. Close to so many out door wonders in our Northern Michigan area. Large walk around kitchen, fireplace and 24x32 garage with 9x16 over head door! This can be a norther cabin or a forever home! This is a must see!

9095 S Old Us Hwy 27, Gaylord

$379,000

4 Beds ⋅ 3 Baths ⋅ 201842164 MLS

4 bedroom, 3 bath Northern Michigan Retreat in wooded Guthrie Lakes. This fabulous cedar sided custom home boasts of cathedral ceilings, wood floors, gourmet kitchen with granite counters and bar seating. 3 season family room is a perfect game room. Entertain gracefully in the spacious living room with floor to ceiling windows and enjoy the warmth of the pellet stove. Vaulted Wood ceilings in master bedroom suite with walk-in closet and access to deck. New roof in 2023. Enjoy all the Guthrie Lakes amenities which include 2 private sandy beaches, boat launches, clubhouse with saunas, heated pool, and pickleball/volleyball courts. Just a short walk to Section One Lake. Move right in and start making memories.

11800 Goodfellow Dr, Frederic

$159,000

3 Beds ⋅ 1 Baths ⋅ 201841812 MLS

Charming 3-bedroom, 1-bath ranch style home situated on a peaceful, tree-lined lot offering privacy and room to enjoy the outdoors. This move-in-ready home features a spacious living room filled with natural light, updated flooring, fresh paint, and an inviting layout. The kitchen offers ample cabinetry, butcher block-style countertops, new stainless steel appliances, with generous prep space. A stick-built breezeway connects the home to the attached 2-car garage. This home is directly across from Otsego Lake, and also adjacent to the Snowmobile trail and Iron Belle Trail!

1301 Washington St, Gaylord

$329,000

4 Beds ⋅ 3 Baths ⋅ 201841412 MLS

Sitting on the Par 3 #7 hole on the beautiful Michaywe Pines Golf Course with outstanding views is this unique cozy home with 4/5 bedrooms..3 full Baths...2 or 3 living/family Rooms..one with a kitchen and great bar for entertaining on main Level and one on 2nd Level and 2 Fireplaces..one is Nat Gas and the lower one is wood burning plus a two car garage! and a large wrap around deck on the upper level overlooking the golf course and pond Home is on a quiet cul-de-sac and walking distance to the Opal Lake Beach..Great location...also close to the golf course..main clubhouse with 2 swimming pools..fine restaurant..cross country ski trails in winter and more... Come take a look for yourself!! Oh! and also has a partial basement to store the xtras.

1840 Mission Hills Ln, Gaylord

$340,000

3 Beds ⋅ 2 Baths ⋅ 201841417 MLS

Looking for that move in ready home in Michaywe? Here it is..Impeccably maintained 3 bedroom 2 full updated bathrooms w/quartz counter tops..spacious kitchen with quartz counter tops & newer kitchen appliances..Surprising Primary Suite with full bath and bonus exercise room or office and 5 closets and beautiful view out the wall of windows..Living room includes beautiful stone and handcrafted wood Fireplace with new natural gas insert .. AND>>>7 new Anderson windows and doorwall..new roof 2016..new septic field 2025..new blinds..switches and plugs..new furnace..HW Heater and AC within the last 7 years..new washer/dryer this last year.. And the garage has a 2nd rollup door in the back leading from .the spacious man cave....lots of room for hobbies..fixing..relaxing or your choice and lots of storage everywhere in garage and house..Come see for yourself!! Beautifully cared for landscaped yard .. perennial gardens and wrap around deck with maintenance free plastic railing... Some garage items for sale separately..

6806 Saint Andrews Dr, Gaylord

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