For sale

$259,900

Est. $1,814/mo —

•

1,400

sq ft

658 Rivers Terrace Rd, Gladwin, MI 48624

About this home

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

Single-familyProperty Type

0.78 acresLot Size

$186Price/Sq.Ft.

2 car garageParking

Listed by Lisa Welke • Nexus Realty Group LLC

Listed by Joseph Welke

Listing updated: Aug 17, 2026 at 07:57pm

Redfin checked: a minute ago

•Source:WWMLS #201841420

Payment calculator

$1,814 per month

Principal and interest$1,297

Property taxes

$415

HOA dues

Home insurance

$102

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Today

Open houses

No upcoming open houses.

Nearby open houses (1)

Around this home

Schools

K - 12
Preschool & daycare

Gladwin Elementary School

Public PreK-2 • Assigned • 6.8mi

Gladwin Junior High School

Public 6-8 • Assigned • 6.8mi

6/10

Gladwin High School

Public 9-12 • Assigned • 6.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

658 Rivers Terrace Rd · $259,900

DAYS ON MARKET

The average home goes pending in 39 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median list price in this area is $217,457. (16% lower than this home)

PRICE DROP

25% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Water softener
Crawl space basement

Bathrooms
2 full bathrooms

Kitchen
Dishwasher
Microwave
Oven
Range
Refrigerator

Laundry & utility
Washer and dryer included
Main-level laundry

Heating & cooling
Forced air heating
Propane heating

Sale and tax history for 658 Rivers Terrace Rd

Sale History
Tax History

Public record

Beds

—

Baths

—

Stories

—

Lot width

170 ft.

Lot depth

200 ft.

Lot size

0.78 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Gladwin County

APN

110-277-000-142-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 96° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Gladwin, MI • 48624

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.7 hrs

5.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 658 Rivers Terrace Rd

$250,984

$8,916 under list price of $260K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $269K.

SOLD JUL 7, 2026
$250,000 Last sold price
2 beds1 bath1,037 sq ft
891 E Highwood Rd, Beaverton, MI 48612
$55/sq ft
larger lot
SOLD JUN 25, 2026
$269,000 Last sold price
2 beds2 baths1,242 sq ft
745 Wolverine Dr, Gladwin, MI 48624
$31/sq ft
larger lot
basement
SOLD MAY 5, 2026
$207,100 Last sold price
3 beds2 baths1,620 sq ft
25 E Highwood Rd, Beaverton, MI 48612
$58/sq ft
larger lot
SOLD AUG 6, 2026
$110,000 Last sold price
2 beds1 bath1,023 sq ft
300 E Winegars Rd, Gladwin, MI 48624
$78/sq ft
smaller lot
SOLD JUL 27, 2026
$169,000 Last sold price
2 beds1 bath840 sq ft
643 N Hockaday Rd, Gladwin, MI 48624 8075
$15/sq ft
larger lot
SOLD JUL 10, 2026
$125,000 Last sold price
2 beds1.5 baths1,136 sq ft
271 Hemlock St, Gladwin, MI 48624 8314
$76/sq ft
smaller lot

Rental earnings

Est. $2,537 per month, based on comparable rentals

Tour for free, no strings attached

Instant answers, or connect with a local agent

Start an offer