5165 Islanders Way

Gladwin, MI 48624

$149,900
Price
43,560 / 1
Lot Size / Acres
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Untitled design-15
LOT 269 & 270
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Description

Wow! Stunner alert! Discover the captivating beauty of lake lancelot, located in the heart of sugar springs mi, where nature's unbelievable beauty meets limitless opportunity. Welcome to 5165 islanders way in gladwin, mi. This remarkable double lot offers breathtaking, panoramic views that truly must be seen to be appreciated. This property is thoughtfully prepared with a private well, public sewer, 200-amp electrical service, and four camper pads, providing plenty of room to host friends & family...Wow! Stunner alert! Discover the captivating beauty of lake lancelot, located in the heart of sugar springs mi, where nature's unbelievable beauty meets limitless opportunity. Welcome to 5165 islanders way in gladwin, mi. This remarkable double lot offers breathtaking, panoramic views that truly must be seen to be appreciated. This property is thoughtfully prepared with a private well, public sewer, 200-amp electrical service, and four camper pads, providing plenty of room to host friends & family while making unforgettable memories under wide open skies. Surrounded by common areas on three sides and enhanced by serene water views, it offers a rare blend of privacy, natural beauty, and incredible potential. Enjoy your days out on the water boating, fishing, or simply relaxing in thesun, then unwind in the evening by a fire as the stars shine over the lake. This is more than just land. It's a peaceful escape and a place to recharge, with the option to even build your dream home if you fall in love with the setting. Located within the highly desirable sugar springs community, you'll have access to outstanding amenities including a clubhouse with a pool, workout facilities, tennis & pickleball courts, a golf course and restaurant plus two all-sports lakes, five golf courses within 20 minutes, and two casinos within 40 minutes. Year-round recreation abounds with winter activities like snowmobiling, cross-country skiing, and orv trails for quads. Whether you're ready to camp, relax, or create the lake retreat you've always imagined, this property is ready to make it happen.
  1. Listed by John Hagerty, Jr. • Brokerage DRE #6505276328BR • Five Star Real Estate - Lansing
    P: (517)-803-5868 C: (517)-803-5868 realtorjohnjames@gmail.com

Property Details for 5165 Islanders Way

Zoning Description
Residential
LISTING UPDATED: 06/29/2026 04:02 PM

Property Details for 5165 Islanders Way

StatusActive
MLS #630000294835
Days on Market90
Taxes$505 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size1.00 AC
CountyGladwin County
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Location

Listing Courtesy of Five Star Real Estate - Lansing
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Building Information for 5165 Islanders Way

Lot Size1.00 AC

Payment Calculator

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$789 per month

30 year fixed, 6.36% Interest

Principal and Interest

$747

Property Taxes

$42

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5165 Islanders Way

Summary
Location and General Information
  • Directions: SUGAR RIVER RD SOUTH ON WORCHESTER WAY TO WINCHESTER WAY. WEST ON WINCHESTER WAY TO ISLANDERS WAY. SOUTH ON ISLANDERS WAY TO PROPERTY
  • Latitude: 44.121499
  • Longitude: -84.440473
  • MLS Area Major: Area26021ButmanTwp
Taxes and HOA
  • Parcel Number: 2606020000026910
  • Tax Amount Summer: $505.00
  • Tax Annual Amount: $505.00
  • Tax Assessed Value: $46,300.00
  • Tax Legal Description: 20 1W WINCHESTER REALM SUB LOTS 269 & 270. COMBINED ON 01/01/2024 FROM 060-200-000-269-00, 060-200-000-270-00;
  • Tax Year: 2025
School Information
  • High School District: Gladwin
Parking
  • Parking Features: Gravel, SideBySide
Property
Lot Information
  • Lot Size Acres: 1.0
  • Lot Size Dimensions: undefinedxundefined
  • Lot Features: OpenLot, ManyTrees
  • Road Surface Type: Asphalt
Farm Information
  • Soil Type: Sandy Loam
Property and Assessments
  • State Equalized Value: 46300.0
  • Table: VL
  • Class Name: Land
  • Current Use: Residential, WaterAccess
Utilities
  • Electric: Service200Amp
  • Sewer: PublicSewer
  • Utilities: ElectricityConnected, SewerConnected, WaterConnected
  • Water Source: Well
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 5165 Islanders Way

DateEvent & SourcePriceAppreciation
Jun 29, 2026

Price Change

Realcomp #630000294835

$149,900—
Apr 2, 2026

Listed (Active)

Realcomp #630000294835

$184,900—
Sep 2, 2025

Temporarily Off Market

MiRealSource #50167665

$199,900—
DateEvent & SourcePrice
06/29/2026

Price Change

Realcomp #630000294835

$149,900
04/02/2026

Listed (Active)

Realcomp #630000294835

$184,900
09/02/2025

Temporarily Off Market

MiRealSource #50167665

$199,900

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

Public Records for 5165 Islanders Way

Taxable ValueLand$46,300Additions-Total$46,300
Tax Record2024$741 ($62 / month)
Home Facts
Beds0StyleResidentialCountyGLADWINAPN060-200-000-269-10

Schools near 5165 Islanders Way

This home is within Gladwin Community Schools.
Rating
School
Type
Grades
Distance
Gladwin Elementary School
Public - PK to 2
Gladwin Intermediate School
Public - 3 to 5
Gladwin Junior High School
Public - 6 to 8
Gladwin High School
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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More information about 5165 Islanders Way, Gladwin, MI 48624

5165 Islanders Way is a 1 ac of land for sale in Gladwin, MI 48624. This property was listed for sale on April 2, 2026 by Five Star Real Estate - Lansing, it's currently listed at $149,900. This listing's school district is Gladwin Community Schools. Nearby schools include Gladwin Elementary School, Gladwin Intermediate School and Gladwin Junior High School. 5165 Islanders Way is a 0-bed, 0-bath, 1 ac of land on a 43,560 sq. ft. / 1 acres lot.

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.

Listing Courtesy of Five Star Real Estate - Lansing

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