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Jenn Smart

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7220 Leelanau , Gaylord, MI 49735
$498,000
Est. Payment: $2,595.15/mo
3 Bed
3 Bath
1400 Sqft
Status: active | Days on site: 16
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

WATERFRONT ESCAPE! Enjoy the ultimate Northern Michigan lake lifestyle with 120' of waterfront on all-sports 120-acre Buhl Lake in Lake Arrowhead, plus an additional vacant lot. This 3-bedroom, 3-bath home offers a walkout basement, beautiful lake views, and room to relax, entertain, and enjoy year-round lake living. Swim, fish, boat, bonfires, or unwind on the deck while taking in stunning sunsets. Community amenities include trails, heated outdoor pool, beach, playground, fishing dock, volleyball, basketball, grills, pavilion & campground. Recreation & Wildlife Galore! Short-term rentals allowed! Newer furnace, water heater & dishwasher. New Washer/Dryer. Conveniently located near Gaylord, Petoskey & Boyne for golf, skiing, snowmobiling, dining & endless Northern Michigan adventures. Lake Arrowhead has several beautiful lakes and ponds which include Little Bear Lake, Little Fawn Lake, Macatawa Lake, Nisula Lake, Swan Lake, and Buhl Lake (center of this community, which is the largest lake about 120 acres). A rare opportunity for a vacation getaway, year-round home or investment property!
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Highlights

Listed by Mark Hagan , 231-929-7985 and Annette Gruenberg , 231-929-7985 Coldwell Banker Schmidt Traverse City , 231-922-2350. MiRealSource, Inc. mls logo

Property Type

Residential
Lot/Acreage
0.41

HOA Fee

375 Yearly

Year Built

1998

County

Otsego

Area

Hayes Twp (69007)

 Neighborhood

Lake Arrowhead

 School District

Gaylord Community Schools

Listing ID

80072413

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Air Cond:Central A/C
Fireplaces:Gas Fireplace,Wood Stove
Above Ground Sq Ft:1400
Below Ground Sq Ft:500
Basement:Partially Finished,Walk Out
Other:
  • ▪ Additional:Cathedral/Vaulted Ceiling
Water:Private Well

Exterior Features

Lot Dimensions:121x133x120x120
Zoning:Residential
Others:
  • ▪ Additional:Deck
Sewer:Septic
Principal Interest
$2,595
Taxes
$317
HOA
$375

Home Price

$498,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$99,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,595.15

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,595.15 $317.48 $375.00 $3,287.62
Yearly $31,141.77 $3,809.70 $4,500.00 $39,451.47
Total $934,253.02 $114,291.00 $135,000.00 $1,183,544.02
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Gaylord, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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