Welcome to 555 Rivers Terrace Rd – a cozy waterfront home on a double lot with 133 feet of frontage along the channel to Smallwood Lake. Nestled on nearly half an acre (.49 acres), this 2-bedroom, 1-bath home offers 1,106 sq ft on the main level, plus a full, unfinished basement with an egress window and space for a potential third bedroom or additional living area. The primary bedroom overlooks the water and features a sliding door to the covered deck—perfect for relaxing and taking in the view. The living room is warm and inviting with a wood-burning fireplace, and all appliances are included. The property also features a concrete driveway and is surrounded by great neighbors in a peaceful setting. Smallwood Lake is currently lowered due to dam repairs, but is expected to return to normal water levels in 2026. A great home, full of charm and possibilities—schedule your showing today!
For sale
Price cut: $10K (7/29)
$239,900
555 Rivers Terrace Rd, Gladwin, MI 48624
2beds
1,106sqft
Est.:
Single Family Residence
Built in 2000
0.49 Acres Lot
$190,700 Zestimate®
$217/sqft
$-- HOA
What's special
- 47 days
- on Zillow |
- 571 |
- 20 |
Zillow last checked: 12 hours ago
Listing updated: July 29, 2025 at 06:32am
Listed by:
RANDY BIERLEIN 989-329-9766,
REAL ESTATE ONE - GLADWIN 989-426-6561
Source: MiRealSource,MLS#: 50179021
Originating MLS: Clare Gladwin Board of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Features: Carpet
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 88
- Dimensions: 11 x 8
Bathroom 1
- Features: Vinyl
- Level: Main
- Area: 72
- Dimensions: 12 x 6
Dining room
- Features: Vinyl
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Kitchen
- Features: Vinyl
- Level: Main
- Area: 88
- Dimensions: 11 x 8
Living room
- Features: Carpet
- Level: Main
- Area: 266
- Dimensions: 19 x 14
Heating
- Forced Air, Propane
Appliances
- Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener Owned, Water Heater
Features
- Flooring: Carpet, Vinyl
- Basement: Concrete,Sump Pump,Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,212
- Total interior livable area: 1,106 sqft
- Finished area above ground: 1,106
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: All Sports Lake, Canal Front, River Front, Waterfront
- Body of water: Smallwood Lake
- Frontage length: 133
Lot
- Size: 0.49 Acres
- Dimensions: 133.6 x 164.96 x 132 x 170
- Features: Platted, Bluff
Details
- Additional structures: Shed(s)
- Parcel number: 11027600012310
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement, Concrete Perimeter
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
Community & HOA
Community
- Subdivision: Rivers Sub
HOA
- Has HOA: No
Location
- Region: Gladwin
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $1,608
- Annual tax amount: $2,251
- Date on market: 6/19/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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