Otsego County Homes under $500,000

Welcome to Otsego County, Michigan, where natural beauty meets a vibrant community spirit! Nestled in the heart of Northern Michigan, Otsego County is renowned for its stunning landscapes, recreational opportunities, and charming small-town atmosphere. With its picturesque lakes, lush forests, and rolling hills, this area is a haven for outdoor enthusiasts and those seeking a tranquil lifestyle.

Otsego County boasts a rich history and a welcoming community, making it an ideal place for families, retirees, and anyone looking to enjoy a slower pace of life. The county is home to several charming towns, including the quaint city of Gaylord, often referred to as the "Alpine Village" due to its Bavarian-style architecture and vibrant cultural scene. Residents enjoy a plethora of seasonal activities, from skiing and snowmobiling in the winter to fishing, hiking, and boating in the summer.

For those looking to make Otsego County their home, there’s great news! You can find a variety of beautiful homes priced under $500,000. Whether you’re in search of a cozy cottage by the lake, a spacious family home in a friendly neighborhood, or a charming property with expansive views of the surrounding countryside, Otsego County has something to offer everyone.

With its affordable housing options, stunning landscapes, and welcoming community, Otsego County is the perfect place to settle down and create lasting memories. Explore the possibilities today and discover your dream home in this beautiful corner of Michigan!

Newest Otsego County Homes under $500,000

$35,000

2 Beds ⋅ 2 Baths ⋅ 201843145 MLS

Located just outside Gaylord city limits in Nottingham Forest Mobile Home Park, this 2-bedroom, 1.5-bath home offers plenty of space and practical features. The primary suite includes two large closets, built-in dresser, garden tub, separate shower and double sinks. Enjoy a spacious living room with built-in cabinetry and included A/C unit. Furnace replaced in 2025, with newer gas stove, water heater and dryer. A 12x16 shed provides additional storage.

1913 Nottingham Rd, Gaylord

$184,900

3 Beds ⋅ 1 Baths ⋅ 201843128 MLS

Charming 3-bedroom, 1-bath home conveniently located in downtown Gaylord. Cute move-in ready, with a location close to local shopping, dining, parks and other city amenities. Whether you're looking for a home in town or an investment opportunity, this property is worth a look. Being sold as-is.

309 S Elm Ave, Gaylord

$72,000

2 Beds ⋅ 2 Baths ⋅ 201843094 MLS

Great location on the back side of Aspen Village! This cute 2-bedroom, 2-bath home offers an office that could also be used as a non-conforming 3rd bedroom. The lot sits between two roads and features a peaceful, nicely landscaped backyard with a wraparound deck--perfect for relaxing or entertaining. Shed provides additional storage. Newer roof and appliances included. Lot rent is $570/month. Park approval is required for all applicants. Come take a look!

7 S Alpine Ct, Gaylord

$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

$324,900

3 Beds ⋅ 2 Baths ⋅ 201843086 MLS

Enjoy Northern Michigan lake life with 225' of frontage on all-sports Lake Louise! Situated on .79 acres near Johannesburg, this spacious 3-bedroom, 2-bath home features a desirable split floor plan, inviting living area with fireplace, attached garage and storage shed. Step outside to a beautiful waterfront setting with plenty of room to relax, gather around the firepit, launch the boat or spend the day on the water. Conveniently located near Gaylord, golf, trails, skiing, snowmobiling and the recreation of the Pigeon River Country area. A wonderful year-round home or Up North getaway!

3437 Pineridge Dr, Johannesburg

$170,000

3 Beds ⋅ 1 Baths ⋅ 201843062 MLS

Affordable and solid 3-bedroom home conveniently located near Otsego Lake County Park. This well-maintained property offers peace of mind with a BRAND NEW ROOF to be completed prior to closing, along with a recently converted natural gas system, new furnace, windows, and water heater. Cable internet is available, making this a great option for year-round living, a starter home, or a Northern Michigan getaway. A great value in a convenient location!

1934 John St, 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

$449,999

3 Beds ⋅ 3 Baths ⋅ 201843005 MLS

SPACE, PRIVACY & 7+ ACRES! Looking for room to roam, hunt, and enjoy country living? This 2,200+ sqft ranch offers 3 beds, 3 baths and an open-concept layout. A tongue-and-groove vaulted ceiling, large windows and door walls bring in abundant natural light, while the spacious kitchen features a large granite island. The primary suite includes a private bath, WIC and laundry. Renovated in 2015 with updated drywall, insulation, flooring, electrical and boiler. Shingles replaced in 2022; new septic in 2025. Enjoy abundant wildlife, a concrete patio, horseshoe paved driveway, 20x24 garage and 12x32 shed with two A/C units on separate zones. NOW HAS NATURAL GAS! Seller related to Realtor.

5055 Clubhouse Trl, Gaylord

$320,000

3 Beds ⋅ 3 Baths ⋅ 201843003 MLS

3 Bdr/3 Bth condo on the Tom Fazio designed ''Premier'' golf course at Treetops Resort, an 81-hole premier golf destination. SELLER'S PAID THE ENTIRE $80,000 SPECIAL ASSESSMENT INVOICED QUARTERLY THROUGH 2032. Unit 1D is in the premier building at Treetops North Estates, with its commanding view of the Sturgeon River Valley & overlooking the #11 Par 3 hole & pond. There's new floorcovering, vaulted ceilings, a floor-to-ceiling dry-stacked stone fireplace, & granite kitchen counters. 2019 roof, work on Building 1 exterior is on-going. Building 1 turnkey is also available w/the exception of the furniture in the living & dining rooms. Located just south of the Pigeon River State Forest with its 3 rivers & wild elk herd. Easy access to the snowmobile trails. Resort rental available.

4714 Fazio Dr, Gaylord

$439,000

3 Beds ⋅ 2 Baths ⋅ 201842968 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.

957 Michaywe Dr, Gaylord

$425,000

3 Beds ⋅ 2 Baths ⋅ 201842955 MLS

2269 Opal Lake Rd, Gaylord

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