5124 Islanders Way

2,984 Sq. Ft.
$211 / Sq. Ft.
2,984
Sq. Ft.
$211
per Sq. Ft.

Description

Experience extraordinary waterfront living on nearly one acre with an incredible 333 feet of frontage on beautiful Lake Lancer in Sugar Springs. (fly thru drone tour at the end of remarks). Perfectly positioned to own the entire point, this exceptional property offers unmatched privacy, breathtaking panoramic lake views, and endless opportunities to enjoy life on the water. With over 2,900 square feet of finished living space, including a walkout lower-level game room, this spacious home is designed...Experience extraordinary waterfront living on nearly one acre with an incredible 333 feet of frontage on beautiful Lake Lancer in Sugar Springs. (fly thru drone tour at the end of remarks). Perfectly positioned to own the entire point, this exceptional property offers unmatched privacy, breathtaking panoramic lake views, and endless opportunities to enjoy life on the water. With over 2,900 square feet of finished living space, including a walkout lower-level game room, this spacious home is designed for both everyday comfort and unforgettable gatherings. Featuring five bedrooms and three full bathrooms, there's plenty of room for family and guests. The open-concept main level is filled with natural light thanks to walls of windows that showcase stunning lake views from nearly every room. The primary suite and a full bath are conveniently located on the main floor, while four additional bedrooms and another full bath await upstairs beneath beautiful white knotty pine ceilings. An upper-level balcony provides the perfect place to enjoy your morning coffee while taking in the peaceful waterfront setting. Outdoor living is truly exceptional. Entertain on the expansive wraparound deck, unwind on two spacious patios, soak in the hot tub overlooking the lake, or gather around the fire pit for evenings under the stars. Relax in a hammock beneath the birch trees, stroll through the charming garden, or spend the day on the waterside deck. Surrounded by mature woods and protected by a durable steel seawall, this property offers the perfect blend of natural beauty and peace of mind. As a Sugar Springs property owner, you'll enjoy access to outstanding resort-style amenities, including sparkling all-sports lakes, private beach clubs, scenic walking trails, championship golf, dining, a fitness center, an indoor heated pool, and year-round recreation. This is more than a lake home—it's a rare opportunity to own one of Lake Lancer's most spectacular waterfront properties. (Disclaimer: "Some photos may be digitally enhanced") (((TAKE A FLY THRU DRONE THOUR: https://tinyurl.com/5124islander )))
  1. Listed by IVIE BAKER • Baker-Kehoe Realty LLC
    P: (989)-429-0124 C: (989)-429-0124 ivie.realtor@gmail.com

Property Details for 5124 Islanders Way

Architectural Style
Chalet
Subdivision Name
Islander Realm
View
Lake
Has View
Yes
Waterfront Features
Lake Front, Lake, Waterfront
Has Waterfront
Yes
Zoning Description
Residential
LISTING UPDATED: 07/09/2026 08:12 PM

Property Details for 5124 Islanders Way

StatusActive
MLS #50214285
Days on Market3
Taxes$3,618 / year
HOA Fees$640 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1980
Lot Size0.93 AC / 40,510 SF
CountyGladwin County

Location

Listing Courtesy of Baker-Kehoe Realty LLC
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Building Information for 5124 Islanders Way

Stories2Year Built1980Building Size-Lot Size0.93 AC / 40,510 SF

Payment Calculator

$3,493 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,139

Property Taxes

$302

HOA Dues

$53

The Payment Calculator is for illustrative purposes only.

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Property Information for 5124 Islanders Way

Summary
Location and General Information
  • Carrier Route: R007
  • Cross Street: Winsor Way
  • Directions: From Gladwin: M-18 N to Round Lake Road N to Sugar River Road, R to Winchester Way, R to Islander Way and L to house on L
  • Latitude: 44.120105
  • Longitude: -84.439675
  • MLS Area Major: Butman Twp (26006)
  • Water Body Name: Lake Lancer
Taxes and HOA
  • Association Fee: $640.00
  • Association Fee Frequency: Annually
  • Association Name: Sugar Springs POA
  • Association Phone: 9894264111
  • Association: Yes
  • Association Fee Monthly: $53.33
  • Parcel Number: 060-120-000-006-00
  • Tax Annual Amount: $3,617.64
  • Tax Year: 2025
Parking
  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Garage: Yes
  • Parking Features: Attached, Paved, Driveway
Virtual Tour
Property
Lot Information
  • Direction Faces: East
  • Frontage Length: 333.0
  • Frontage Type: Waterfront
  • Lot Features: Wooded
  • Lot Size Acres: 0.93
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • Above Grade Finished Area: 2480.0
  • Below Grade Finished Area: 504.0
  • Building Area Total: 3624.0
  • Living Area: 2984.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1980
Building Features
  • Construction Materials: Vinyl Siding
  • Total Stories: 2
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Golf Course, Tennis Court(s), Beach Access, Fitness Center, Pool, Spa/Hot Tub
  • Patio And Porch Features: Patio, Deck, Porch
  • Private Pool: Yes
Interior Features
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Water Softener Owned, Range, Oven, Gas Water Heater
  • Basement: Full, Partially Finished, Walk-Out Access, Block, Interior Entry
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace Features: Gas, Living Room
  • Total Fireplaces: 1
  • Has Fireplace: Yes
  • Heating: Forced Air, Natural Gas, Other
  • Has Heating: Yes
  • Laundry Features: Main Level
  • Water Heater: Gas
  • Window Features: Window Treatments
Room Information
Room 1
  • Description: Carpet
  • Dimensions: 15x12
  • Length: 15.0
  • Level: Upper
  • Type: Bedroom 3
  • Width: 12.0
Room 2
  • Description: Laminate
  • Type: Bathroom 3
Room 3
  • Description: Carpet
  • Dimensions: 15x12
  • Length: 15.0
  • Level: Upper
  • Type: Bedroom 4
  • Width: 12.0
Room 4
  • Description: Carpet
  • Dimensions: 18x12
  • Length: 18.0
  • Level: Upper
  • Type: Bedroom 5
  • Width: 12.0
Room 5
  • Description: Tile
  • Type: Bathroom 2
Room 6
  • Description: Carpet
  • Dimensions: 12x12
  • Length: 12.0
  • Level: Main
  • Type: Bedroom 1
  • Width: 12.0
Room 7
  • Dimensions: 16x9
  • Length: 16.0
  • Level: Main
  • Type: Kitchen
  • Width: 9.0
Room 8
  • Description: Tile
  • Type: Bathroom 1
Room 9
  • Description: Concrete
  • Dimensions: 24x21
  • Length: 24.0
  • Level: Basement
  • Type: Great Room
  • Width: 21.0
Room 10
  • Description: Laminate
  • Dimensions: 25x15
  • Length: 25.0
  • Level: Main
  • Type: Living Room
  • Width: 15.0
Room 11
  • Description: Laminate
  • Dimensions: 19x11
  • Length: 19.0
  • Level: Main
  • Type: Dining Room
  • Width: 11.0
Room 12
  • Description: Carpet
  • Dimensions: 15x12
  • Length: 15.0
  • Level: Upper
  • Type: Bedroom 2
  • Width: 12.0

Property History for 5124 Islanders Way

DateEvent & SourcePriceAppreciation
Jul 8, 2026

Listed (Active)

MiRealSource #50214285

$629,840—
DateEvent & SourcePrice
07/08/2026

Listed (Active)

MiRealSource #50214285

$629,840

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5124 Islanders Way

Taxable ValueLand-Additions$260,000Total-
Tax Record2024$3,617 ($301 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyGLADWINAPN060-120-000-006-00

Schools near 5124 Islanders Way

This home is within Gladwin Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Gladwin Elementary School
PublicPK to 2

Gladwin Intermediate School
Public3 to 5

Gladwin Junior High School
Public6 to 8

Gladwin High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5124 Islanders Way is a single family home for sale in Gladwin, MI 48624. This property was listed for sale on July 8, 2026 by Baker-Kehoe Realty LLC, it's currently listed at $629,840. This listing's school district is Gladwin Community Schools. Nearby schools include Gladwin Elementary School, Gladwin Intermediate School and Gladwin Junior High School. 5124 Islanders Way is a 5-bed, 3-bath, 2,984 sqft single family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Baker-Kehoe Realty LLC

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