404 Lockwood Drive
Gladwin, MI 48624
$85,243
SELLER has already PAID 37% of the TOTAL DAM ASSESSMENT on both lots—paid before July 1, 2025! (No interest until July 2026). This property offers exciting potential with plenty of space to work with, as the home spans two parcels. The manufactured home is decently sized and presents a great opportunity for a savvy renovator or hands-on buyer ready to unlock its full potential. With a little vision and effort, it could be transformed into a cozy full-time residence, income property, or relaxing weekend getaway. You'll also enjoy a detached garage and peaceful views of Smallwood Lake—perfect for unwinding after a day of work or play. (Well needs work and/or a new point). Possible LAND CONTRACT opportunity with 20% down plus buyer to pay off FLTF Special Assessment at closing.
| Mls #: | 50210825 |
|---|---|
| Asking Price: | $85,243 |
| Property Type: | Residential |
| Type: | Single Family |
| Property Status: | Active |
| Ownership: | true |
| Bedrooms: | 2 |
| Baths Full: | 1 |
| Lavatory: | 0 |
| Above Grade Sq Ft: | 800 |
| Fee Amount: | $0 |
| # Of Acres: | 0.51 |
| Architecture Style: | Manufactured |
| Waterfront Y/N: | Yes |
| Town: | Gladwin |
| County: | Gladwin |
| ZIP: | 48624 |
| Year Built: | 1969 |
| Area: | Hay Twp (26011) |
| Sale/Rent: | For Sale |
| Fireplace Y/N: | No |
| Association Fee Y/N: | No |
| Site Condo Y/N: | No |
| School District: | Gladwin Community Schools |
| Pre/Homestead: | No |
| Signed Disclosure Y/N: | Yes |
| Manufactured Y/N: | Yes |
| Lease Y/N: | No |
| Contract: | Exclusive Right to Sell |
| Assessments Y/N: | Yes |
| Cross Street 1: | M-30 |
| Cross Street 2: | M-61 |
| Lot Size: | 140.8x162.7x120x193 |
| Body Of Water: | Smallwood Lake |
| Lavatory: | 0 |
| Living Room Dimensions: | 12x10 |
| Dining Room Dimensions: | 12x6 |
| Kitchen Dimensions: | 12x7 |
| Bedroom 1 Dimensions: | 7x8 |
| Bedroom 2 Dimensions: | 12x10 |
| Summer Tax Yr: | 2025 |
| Winter Tax Yr: | 2025 |
| Total Tax Year: | 2025 |
| Sev Year: | 2025 |
| Lc Terms Months: | 60 |
| Garage # Of Car: | 1 |
| Baths/Lavs Total: | 1 |
| Summer Tax: | $814 |
| Winter Tax: | $2,189 |
| Total Tax Amount: | $3,004 |
| Bedroom 1 Floor Covering: | Carpet |
| Bedroom 2 Floor Covering: | Carpet |
| Living Rm Floor Covering: | Carpet |
| Bathroom 1 Level: | Main |
| Bathroom 1 Floor Covering: | Vinyl |
| Kitchen Floor Covering: | Vinyl |
| New Construction Y/N: | No |
| Garage Y/N: | Yes |
| Pool Y/N: | No |
| Land Contract Y/N: | Yes |
| Guest Listing Y/N: | No |
| Frontage Type: | Water |
| Structure Style: | 1 Story |
| Subj To Short Sale Apprvl: | No |
| Lc Includes Taxes/Ins Y/N: | No |
| Ownership: | Private |
| Horses Allowed: | Yes |
| Listing Broker Sign Y/N: | Yes |
| Other Sign On Proprty Y/N: | No |
| Full Service Listing Y/N: | Yes |
| Municipality: | Hay Twp |
| Living Room Level: | Main |
| Kitchen Level: | Main |
| Bedroom 1 Level: | Main |
| Bedroom 2 Level: | Main |
| Source Mls: | MiRealSource |
| Originating Mls: | Clare Gladwin Board of REALTORS |
| Total Sq Ft Finished: | 800 |
| Frontage: | 141 |
| Assessments Amount: | $897.98 |
| Lc Down Payment: | $17,000 |
| Lc Interest Rate: | 8 |
| Directions: | Starting from the city of Gladwin, head east on M-61 toward M-30. At the stop sign, turn right and head North on M-30 for .3 miles. Then turn right onto Lockwood Rd and your destination will be immediately on the left. |
| Exterior Construction: | Aluminum |
| Exterior Features: | Porch |
| Foundation Type: | Pillar/Post/Pier |
| Garage Type: | Detached Garage |
| Heat/Fuel Type: | LP/Propane Gas |
| Heating System: | Forced Air |
| Water Heater: | Propane Hot Water |
| Site Description: | Treed |
| Financial Terms: | Cash, Land Contract |
| Parking: | 3 or More Spaces |
| Roads: | Gravel |
| Sewer/Septic: | Septic |
| Water: | Private Well, Point Well |
| Water Features: | All Sports Lake, Dock/Pier Facility, Lake Frontage, River Frontage, Water View, Waterfront, Interior Lake |
| Zoning: | Residential |
| Rooms: | Entry, First Floor Bedroom, First Flr Primary Bedroom, Living Room |
| Out Buildings: | Garage(s) |
| Type: | Fixer-Upper |
| Source Of Sq Ft: | Estimated |
| Home Warranty Y/N: | No |
| Legal Water Access Only: | Interior Lake |
| Site/Lot Features: | Wooded |
| Manufactured Body Type: | Manufactured Before 1976, Single Wide |
| Utilities: | Electricity Connected, Propane, Water Connected |
| Electric: | Fuses |
| View: | Lake View |
| Taxable Value Year: | 2025 |
| Fireplaces Total: | 0 |
| Price/Frontage: | $604.56 |
| Possession: | At Close |
Listing Courtesy of: Baker-Kehoe Realty LLC
Listing Agent: Heather Baker
989-426-0664
1557 W. M-61, 1557 W. M-61 Gladwin, MI 48624
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Copyright 2015 MiRealSource. All rights reserved. This information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licenses and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the
Originating MLS as filed with it by its members. The accuracy of all information, regardless of source, is not
guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary
information of MiRealSource, Inc. and its shareholders, affiliates and licenses and may not be reproduced or
transmitted in any form or by any means, electronic, or mechanical, including photocopy, recording, scanning or any
information storage and retrieval system, without written permission from MiRealSource, Inc.
MiRealSource data last updated on November 02, 2026 10:15 PM - ET.
Property Last Updated: November 02, 2026 10:15 PM - ET