Welcome to your private lakefront retreat on all-sports Smallwood Lake! Boasting an impressive 170 feet of waterfront and situated on three lots totaling 0.78 acres, this property offers exceptional privacy, space, and breathtaking panoramic views.
The thoughtfully designed split floor plan features 3 bedrooms and 2 full bathrooms, providing both comfort and functionality. Recent updates, including new flooring and new windows and new septic create a fresh, move-in-ready interior filled with natural light.
Step outside to the expansive deck, where you can relax, entertain, or simply take in the incredible lake views. A large pole barn with 220-volt electrical service provides ample space for storage of those lake toys. Whether you're searching for a year-round residence or the perfect waterfront getaway, this rare Smallwood Lake property combines modern updates, generous outdoor space, and outstanding all-sports lakefront living when the water returns. (Estimated to be this summer)
Subject to the dam assessment, see the Four Lakes Task Force website for information. Watch the Matterport walk-through tour here: https://my.matterport.com/show/?m=TBQpnJFVkWt
For sale
Price cut: $10K (8/17)
$259,900
658 Rivers Terrace Rd, Gladwin, MI 48624
3beds
1,400sqft
Single Family Residence
Built in ----
0.78 Acres Lot
$255,000 Zestimate®
$186/sqft
$-- HOA
What's special
Modern updatesIncredible lake viewsExpansive deckGenerous outdoor spaceBreathtaking panoramic views
- 48 days
- 1,140
- 55
Zillow last checked:
Listing updated:
Listed by:
Lisa M Welke 989-701-0929,
Nexus Realty Group LLC 989-701-0929,
Joseph Welke 989-424-1844
Source: WWMLS,MLS#: 201841420
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Propane
Appliances
- Included: Water Heater, Water Softener, Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
- Laundry: Main Level
Features
- Doors: Doorwall
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,400
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Deck
- Exterior features: Sprinkler System
- On waterfront: Yes
- Body of water: Smallwood Lake
- Frontage type: All-Sport
Lot
- Size: 0.78 Acres
- Dimensions: 170 x 188 x 74 x 180
Details
- Additional structures: Pole Building
- Parcel number: 11027700014200
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Rivers Sub
Location
- Region: Gladwin
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $188,800
- Annual tax amount: $3,131
- Date on market: 7/13/2026
- Listing terms: Cash,Conventional Mortgage
- Ownership: Owner
- Road surface type: Gravel
Estimated market value
$255,000
$242,000 - $268,000
$1,759/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $259,900-3.7%$186/sqft |
Source: | ||
| 7/27/2026 | Listed for sale | $269,900$193/sqft |
Source: | ||
| 7/22/2026 | Contingent | $269,900$193/sqft |
Source: | ||
| 7/13/2026 | Listed for sale | $269,900+79.9%$193/sqft |
Source: | ||
| 8/30/2001 | Sold | $150,000$107/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,131 +92.9% | $94,400 +25% |
| 2024 | $1,623 | $75,500 +11.9% |
| 2023 | -- | $67,500 +21.8% |
| 2022 | -- | $55,400 +1.1% |
| 2021 | -- | $54,800 -4.5% |
| 2020 | -- | $57,400 -5.3% |
| 2018 | -- | $60,600 -0.3% |
| 2017 | -- | $60,800 -0.7% |
| 2016 | -- | $61,200 +3.9% |
| 2015 | -- | $58,900 -1.7% |
| 2014 | -- | $59,900 +5.1% |
| 2013 | -- | $57,000 -18.1% |
| 2011 | -- | $69,600 +0.4% |
| 2010 | -- | $69,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48624
Nearby schools
Schools provided by the listing agent
- Elementary: Gladwin
- High: Gladwin
Source: WWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








