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6408 Sylvan Dr, Gladwin, MI, 48624

2beds
1baths
1,105sqft
$449,900
$407price/sqft
$3,465/moest. monthly cost
$138,600/yrincome needed

About This Home

Experience the rare opportunity to own a piece of local history with this charming two-bedroom, one-bathroom ranch cottage, held by the same family for over 75 years. Situated on one of the largest parcels on the water, this property boasts an impressive 259 feet of pristine frontage on the highly sought-after Elk Lake. Whether you are looking for a peaceful retreat or an active lifestyle, this all-sports lake offers the perfect backdrop for premier swimming, boating, and some of the finest fishing in the region. Located close to many fine golf courses, popular local eateries, and 15 minutes from West Branch for shopping. The home itself seamlessly blends nostalgic character with modern peace of mind. Throughout much of the interior, the original woodwork has been meticulously preserved, lending an air of warmth and craftsmanship that is rarely found in contemporary builds. Large windows frame spectacular, unobstructed views of the water, ensuring that the beauty of the lake is always the focal point of your living space. Significant mechanical updates have been completed to ensure year-round comfort and reliability, including a newer furnace, central air conditioning, and a private well. For added security, the property is equipped with a whole-house Generac generator. Beyond the main residence, the expansive grounds feature a 24 x 32 pole building finished with power, providing ample space for a workshop, boat storage, or vehicle housing. This is more than just a home; it is a legacy estate offering unmatched privacy and potential on the shores of Elk Lake.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Surline Elementary SchoolGrades PK-410.8 mi
5/10
Surline Middle SchoolGrades 5-810.8 mi
5/10
Ogemaw Heights High SchoolGrades 9-1215.8 mi

Construction

Condition

  • Year built: 1946

Materials

  • Foundation: Basement
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Block

Bathroom1

  • Features: Tile
  • Level: First

Bedroom1

  • Features: Vinyl
  • Level: First
  • Area: 140

Bedroom2

  • Features: Vinyl
  • Level: First
  • Area: 140

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,105

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,310
  • Total interior livable area: 1,105 sqft

Kitchen

  • Features: Vinyl
  • Level: First
  • Area: 108

Living Room

  • Features: Vinyl
  • Level: First
  • Area: 320

Property

Details

  • Parcel number: 07010100004810
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: Waterfront
  • Waterbody name: Elk
  • Frontage length: 259

Lot

  • Lot size: 1.70 Acres
  • Lot size dimensions: 259 x 202 125 x 175

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Strong Wind

FEMA Declared Disasters in Gladwin 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 $2,274$27,288
Home Insurance *$273$3,276
Property Taxes $730$8,760
Electricity $188$2,259
Total$3,465$41,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$118,800/yr
40% on housing$103,950/yr
45% on housing$92,400/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: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$407This listing

vs Other Active Listings

Avg $/sqft

ZIP 48624$140
Gladwin County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 48624
Gladwin County$143

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
2026-04-29Listed for sale$449,900
2024-04-19Sold$119,900
2024-03-09Pending sale$119,900
2024-03-07Listed for sale$119,900

For Sale by Agent

AgentJames Diedrich
BrokerageAyre/Rhinehart Bay REALTORS

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