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Waterfront Residential Lot
For Sale
$38,600
Pending

Lot 7 Highland Parkway, Gladwin, MI 48624

Quarter-acre lot with 60 feet of waterfront on a private, no-wake lake and HOA-maintained common area costs.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market347

Property Features for Lot 7 Highland Parkway

General Information

Standard status Pending
Lot size 0.25 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $188
Listing Agency: REAL ESTATE ONE - GLADWIN
Listed By: BRIAN BREAULT · License #6501415270
Source: Compass
Added: Sep 29, 2025 Changed: Aug 8 Last Checked: Sep 9 at 8:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAL ESTATE ONE - GLADWIN

Investment Insights

Based on property information with market context.

This quarter-acre waterfront lot offers 60 feet of water frontage on private, no-wake Lake Lochbrae. Current building restrictions call for a single residence with at least 1,000 square feet and an above-ground septic system. The property owners association by-laws are being updated, and once approved the minimum square footage requirement is set to be reduced to 750 square feet; other requirements are stated to follow Sherman Township rules. Campers are allowed year-round with permission from the HOA board. Electric service is not currently on-site and would need to be run off a pole at the boundary marker.

A members-only boat launch is located approximately a quarter mile east of the property. The HOA fee is $50 annually and is described as helping cover mowing and various neighborhood items, and the current by-laws are available even while updates are underway.

Key Highlights

  • Quarter‑acre lot with 60 ft of water frontage on private, no‑wake Lake Lochbrae
  • Lake Lochbrae is a quiet fishing lake about 12 minutes north of Gladwin
  • HOA fee is $50 annually and helps cover mowing and neighborhood odds and ends

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 48624, MI

15,739
Population
11,073
Households
1.4
Avg Household Size
51
Median Age
15%
College-Educated
88%
High-School Grad
341.2 sq mi
ZIP Area
46
Density / Sq Mi
$55,415
Median Household Income
$35,481
Median Earnings
$689
Median Rent
$154,000
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Quarter-acre lot with 60 feet of waterfront on a private, no-wake lake and HOA-maintained common area costs.
Where is this waterfront land located?
The property is located at Lot 7 Highland Parkway Gladwin, MI.
What is the asking price?
The asking price for this property is $38,600.
What are key features of this property?
This property features: Quarter‑acre lot with 60 ft of water frontage on private, no‑wake Lake Lochbrae; Lake Lochbrae is a quiet fishing lake about 12 minutes north of Gladwin; HOA fee is $50 annually and helps cover mowing and neighborhood odds and ends
More about this property
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