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1166 Michaywe Dr, Gaylord, MI, 49735

4beds
4baths
2,560sqft
$372,000
$145price/sqft
$2,820/moest. monthly cost
$112,800/yrincome needed

About This Home

ENJOY ALL THAT NORTHERN MICHIGAN HAS TO OFFER in this 4+ bedroom, 3.5 bath home nestled on 2 lots in beautiful Michaywe. Home boasts of an open floor plan with beamed knotty pine ceilings, 2 N/G thermostat-controlled brick fireplaces, spacious main floor master bedroom suite, main floor laundry in 1/2 bath and an office/bedroom with access to new 1,050 ft cedar deck. Spacious kitchen with tile counters, custom backsplash and copper sink. Family room with brick fireplace, full bath and workshop in walkout lower level. Professionally landscaped with established perennial gardens, 4 zone irrigation, oversized paved drive and shed for extra storage. Perfect family home, vacation retreat or investment opportunity. Move right in and start making memories.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

5/10
6/10
Gaylord Middle SchoolGrades 7-86.1 mi
7/10

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Basement

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Microwave,Disposal,Freezer,Dryer,Dishwasher
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Walk-In Closet(s)
  • Window features: Egress Windows
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area above ground: 1,740

Heating

  • Heating features: Gas Fireplace/Stove,Baseboard,Electric,Natural Gas

Interior Area

  • Total structure area: 2,560
  • Total interior livable area: 2,560 sqft

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 09131000021900 & 09131000021800

Features

  • Stories: 1
  • Exterior features: Sprinkler System
  • Frontage type: None

Lot

  • Lot size: 0.44 Acres
  • Features: Landscaped
  • Lot size dimensions: 100' x 190' x 120' x 171'

Parking

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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hail
Strong Wind
Tornado

FEMA Declared Disasters in Otsego County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,881$22,572
Home Insurance *$187$2,244
Property Taxes $473$5,676
Electricity $279$3,350
Total$2,820$33,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,685/yr
40% on housing$84,600/yr
45% on housing$75,200/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.8%
-2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$145This listing

vs Other Active Listings

Avg $/sqft

ZIP 49735$229
Otsego County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 49735
Otsego County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-13Listed for sale$389,000

For Sale by Agent

AgentEllie McGovern
BrokerageForman Real Estate

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