A lovely 4-bedroom WATERFRONT home on all-sports Smallwood Lake for under $200,000! This home has over 1800 sqft of finished living space that’s perfect for hosting! The walkout basement has a large ENTERTAINING AREA that spills out perfectly onto the expansive outdoor patios. You’ll enjoy the UPDATED KITCHEN that overlooks the entertaining space and the firelit living room where you can see water from every window! The home is located on a treed DOUBLE LOT which has room for all of your guests and provides lots of privacy. You’ll love the up north feel as you drive down the peaceful dead-end street surrounded by trees to your new home. Lots of outdoor storage in the 1-car garage, additional 2nd floor loft, and large workshop! This home really has it all, you’ll love walking down to your boat dock and making memories with your family and friends on the lake! It's the PERFECT getaway, full-time home, even possibly an Airbnb. Furnishings negotiable. Smallwood Dam project estimated to be finished at the end of 2025 and lake returning for next Summer (2026).
Sold for $180,000 on 05/09/25
$180,000
1072 Rivers Terrace Rd, Gladwin, MI 48624
4beds
1,890sqft
Single Family Residence
Built in 1980
0.86 Acres Lot
$182,800 Zestimate®
$95/sqft
$1,511 Estimated rent
Home value
$182,800
Estimated sales range
Not available
$1,511/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 02, 2025 at 08:00pm
Listed by:
Ryan Scully 810-577-3146,
Tremaine Real Estate
Bought with:
Katie Savino, 6501450371
3DX Real Estate, LLC
Source: Realcomp II,MLS#: 20250014720
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Propane
Cooling
- Ceiling Fans
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,890 sqft
- Finished area above ground: 1,180
- Finished area below ground: 710
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Patio & porch: Deck
- Pool features: None
- Waterfront features: All Sports Lake, Beach Access, Direct Water Frontage, Dock Facilities, Lake Front, Seawall, Waterfront
- Body of water: Smallwood Lake
Lot
- Size: 0.86 Acres
- Dimensions: 150 x 250
Details
- Parcel number: 13016000001003
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Gladwin
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $180,000-9.5%$95/sqft |
Source:  Realcomp II #20250014720 Report a problem | ||
| 4/14/2025 | Pending sale | $199,000$105/sqft |
Source: Realcomp II #20250014720 Report a problem | ||
| 4/8/2025 | Listed for sale | $199,000$105/sqft |
Source: Realcomp II #20250014720 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,456 +31.3% | $117,100 +12.8% |
| 2024 | $1,871 | $103,800 +51.3% |
| 2023 | -- | $68,600 +0.7% |
Find assessor info on the county website
Neighborhood: 48624
Nearby schools
GreatSchools rating
- NAGladwin Elementary SchoolGrades: PK-2Distance: 6.9 mi
- 7/10Gladwin Junior High SchoolGrades: 6-8Distance: 6.9 mi
- 6/10Gladwin High SchoolGrades: 9-12Distance: 7 mi
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