38

Grayling, MI Homes for Sale under $200,000

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  • /5

    $4,500

    • Land
    • 9,147 Sq Ft
    • $21,429 per Acre

    00 E North Down River Rd, Grayling, MI 49738

    Nestled within the serene expanse of Warbler’s Hideaway, this property is ready to build your up north getaway! Warbler’s Hideaway spans 920 acres, with over 400 acres designated as common property for members to enjoy. The community is rich in amenities, including a clubhouse, outdoor swimming pool, sledding hill, shooting range, fishing pond, and a private campground with 45 units available

    Agent Photo

    Beth Olosky

    EXP Realty

    00 E North Down River Rd, Grayling, MI 49738
  • /14

    $145,000

    • 3 Beds
    • 1 Bath
    • 962 Sq Ft

    2969 Cambay Trail, Grayling, MI 49738

    This is an awesome Up North getaway! Whether you hunt, fish, camp, or just want to get away, this is the perfect place. With 3 bedrooms, 1 bath, and a wood burner it is the great place to put your feet up and relax. Close to the AuSable river, Kneff Lake, state land, and ORV trails, so come on up and enjoy what the Grayling area has to offer! See you at one of the many breweries or restaurants in

    Agent Photo

    Todd Jansen

    CENTURY 21 REALTY NORTH-HOUGHTON LK

    2969 Cambay Trail, Grayling, MI 49738
  • /9

    $60,000

    • Land
    • 1.5 Acres
    • $40,000 per Acre

    0 Palmer Place Unit 20261018722, Grayling, MI 49738

    Build your dream home or cabin on this 2-acre lot with ~220' of frontage on the East Branch of the Ausable River. This parcel is within the Ausable Woods HOA which features property owner access to the clubhouse, swimming pool, playground and private park. Only 5 minutes from I-75, US-127 and downtown Graying. Electricity is on Palmer Place. The clubhouse address is 3360 Rose Lane, Grayling. All

    Agent Photo

    Ryan Scott

    Sterling Real Estate LLC

    0 Palmer Place Unit 20261018722, Grayling, MI 49738
  • /9

    $60,000

    • Land
    • 2 Acres
    • $30,000 per Acre

    0 Palmer Place Unit 20261018714, Grayling, MI 49738

    Build your dream home or cabin on this 2-acre lot with ~220' of frontage on the East Branch of the Ausable River. This parcel is within the Ausable Woods HOA which features property owner access to the clubhouse, swimming pool, playground and private park. Only 5 minutes from I-75, US-127 and downtown Graying. Electricity is on Palmer Place. The clubhouse address is 3360 Rose Lane, Grayling. All

    Agent Photo

    Ryan Scott

    Sterling Real Estate LLC

    0 Palmer Place Unit 20261018714, Grayling, MI 49738
  • /12

    $53,325

    $6K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 576 Sq Ft

    1301 W North Down River Rd, Grayling, MI 49738

    Charming opportunity in the heart of Grayling! This 3-bedroom, 1-bath home with a 1-car garage makes a great first-time home or investment property. Conveniently located close to schools, the hospital, shopping, and everyday amenities. Enjoy the comfort of in-town living with plenty of potential to make it your own. Whether you're looking to start out, downsize, or expand your investment

    Agent Photo

    Donna Stubenvoll

    Real Estate One of Gaylord

    1301 W North Down River Rd, Grayling, MI 49738
  • /16

    $90,000

    $30K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 868 Sq Ft

    15549 Michigan 72, Grayling, MI 49738

    Great starter home! This place is neat as a pin and ready to move into. Right on M-72 W halfway between Kalkaska and Grayling this home is located in an ideal location for anyone looking to live out of town with amenities available in either direction.

    Agent Photo

    Erica Blair

    KW Northern Michigan Team Partners

    15549 Michigan 72, Grayling, MI 49738
  • /21

    $199,000

    $31K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 4,474 Sq Ft

    8541 S Grayling Rd, Grayling, MI 49738

    Room to grow in this spacious 4-bedroom, 2-bath home set on 1 acre, offering the perfect blend of comfort and country-style living. The main level features 2,237 sq ft, including a welcoming family room with a cozy fireplace--ideal for gathering and everyday living. A full basement expands the total living space to 4,474 sq ft, providing endless possibilities for additional living, recreation, or

    Agent Photo

    Donna Stubenvoll

    Real Estate One of Gaylord

    8541 S Grayling Rd, Grayling, MI 49738
  • /37

    $174,900

    $15K PRICE INCREASE
    • Land
    • 49.57 Acres
    • $3,528 per Acre

    Cherry Creek Trail, Grayling, MI 49738

    This is an awesome tract that has it all. With Carter Creek meandering through the heart of the property and a large beaver pond toward the back this property is a haven for wildlife. Wether you like Deer hunting, predator hunting, trapping or waterfowl hunting you can do it all on this piece. Not to mention there are multiple build spots on the road frontage that would be the perfect place for a

    Jeff Chilman Whitetail Properties Real Estate

    Cherry Creek Trail, Grayling, MI 49738
  • /87

    $186,000

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,140 Sq Ft

    10441 Alpenhof Dr, Grayling, MI 49738

    Awesome Chalet with 3 car garage sits on 3 lots in a peaceful setting in Warbler's Hideaway #2. Amazing amenities! 400 acres of common ground. Your annual fee of only $235 ($185/1st lot & $25 each additional) gives you so much! There are a several river access points for Big Creek; N. Down River, 2 on Timberlane & by the club house at the bridge with fishing/kayaking/canoeing on premise & N.

    Mary Becker Heart of Up North Realty, LLC

    10441 Alpenhof Dr, Grayling, MI 49738
  • /9

    $15,900

    • Land
    • 22,651 Sq Ft
    • $30,577 per Acre

    0 Helen Unit 1943889, Grayling, MI 49738

    LOOKING TO BUILD YOUR DREAM HOME!!! LOOK AT THIS BEATIFUL WOODED BUILDING SITE CLOSE TO TOWN ON A 1/2 ACRE WITH PAVED ROAD, NATURAL GAS, ELECTRIC AT ROAD, CABLE AVAILABLE. LOT IS 125 X 180 PROPERTY HAS BEEN RECENTLY SURVEYED AND SURVEY IN DOCUMENTS. CLOSE TO ALL THE AMENITIES IN TOWN AND HOSPITAL. QUITE STREET. Seller is a licensed Real Estate Broker in the State of Michigan. Lic# 6502378729 LAND

    Charlene Scheer Premier Waterfront Realty

    0 Helen Unit 1943889, Grayling, MI 49738
  • /6

    $12,900

    • Land
    • 1.25 Acres
    • $10,320 per Acre

    0 Skyline Rd Unit 201841030, Grayling, MI 49738

    Beautiful, wooded 1.25 acre lot perfect for building your dream home or your up north getaway! Located on a paved road with power available at the road for easy connection, this property is just a couple miles away from Kirtland Community College campus and the industrial businesses off of four mile. No land contracts.

    Chet Wheeler Re/Max Of Grayling

    0 Skyline Rd Unit 201841030, Grayling, MI 49738
  • /41

    $199,043

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,540 Sq Ft

    3144 S Wakeley Bridge Rd, Grayling, MI 49738

    The main house includes a charming second cabin featuring 1 bedroom, a kitchenette, bath, and combined dining and living areas—perfect for guests or family. Enjoy the many outdoor opportunities with state hunting land located across the street. Just a short distance from Wakeley Lake and the Au Sable River, this property offers excellent hiking, wildlife viewing, and canoeing opportunities. The

    Randy Morris 43 NORTH REALTY

    3144 S Wakeley Bridge Rd, Grayling, MI 49738
  • /78

    $144,900

    $30K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    4079 W Pinecrest Rd, Grayling, MI 49738

    Amazing meticulously cared for ranch home with lots of updates just outside of Grayling off Wilcox Bridge Rd. Embrace the privacy & beauty of this awesome setting, the huge back yard is completely privacy fenced in- surveyed first. Sellers have made many more great changes to this home; new metal roof in 2022, upgraded electrical from 100 to 200 amps to both house & garage, 5'' well by Dave's

    Mary Becker Heart of Up North Realty, LLC

    4079 W Pinecrest Rd, Grayling, MI 49738
  • /42

    $175,000

    • 2 Beds
    • 1 Bath
    • 981 Sq Ft

    5715 Loeffler Dr, Grayling, MI 49738

    Charming & full of potential, this super adorable 2 bedroom, 1 bath cabin offers the perfect blend of cozy comfort & peaceful surroundings near the North Branch Au Sable River. Tucked into a private setting, this inviting retreat features an attached garage, additional family room for extra living space, & a storage shed for all your outdoor gear or hobby needs. Step outside to enjoy the tranquil

    Jamie Kurth smith realty GROUP

    5715 Loeffler Dr, Grayling, MI 49738
  • /11

    $174,800

    • Land
    • 2.9 Acres
    • $60,276 per Acre

    Parcel D I-75 Business Loop, Grayling, MI 49738

    Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of

    Mary Becker Heart of Up North Realty, LLC

    Parcel D I-75 Business Loop, Grayling, MI 49738
  • /35

    $194,500

    • 3 Beds
    • 1 Bath
    • 1,320 Sq Ft

    2769 Hideaway Dr, Grayling, MI 49738

    Three bedroom chalet with unattached 24x38 garage! Features include propane forced air heat, A/C, natural wood fireplace, wood accents, main level laundry, a 9x20 enclosed porch and a 10x16 finished building. Enjoy all the amenities that Warbler's Hideaway Association has to offer! Property backs up to association common property as well as state land across road. Located between Mio and

    Gary Kann Real Estate One Mio

    2769 Hideaway Dr, Grayling, MI 49738
  • /11

    $174,800

    • Land
    • 2.9 Acres
    • $60,276 per Acre

    Parcel A I-75 Business Loop, Grayling, MI 49738

    Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of

    Mary Becker Heart of Up North Realty, LLC

    Parcel A I-75 Business Loop, Grayling, MI 49738
  • /35

    $99,000

    $70K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 952 Sq Ft

    10333 Madison Ave, Grayling, MI 49738

    Explore this three bedroom two bathroom home just minutes from Lake Margrethe. This wooded and quiet neighborhood is perfect for year round living or an up north getaway. Close to outdoor recreation, town amenities, and centrally located in beautiful Northern Michigan.

    Sarah Harding Real Broker LLC - Petoskey

    10333 Madison Ave, Grayling, MI 49738
  • /10

    $9,500

    • Land
    • 14,810 Sq Ft
    • $27,941 per Acre

    0 Battalion Blvd Unit 1940218, Grayling, MI 49738

    GREAT BUILDING SITE CLOSE TO LAKE MARGRETHE NOT FAR FROM PUBLIC ACCESS. Nice mixture of trees. 6 total lots. 75 X 200 .34 Acres Close to Stateland and ATV and Snowmobile Trails.

    Charlene Scheer Premier Waterfront Realty

    0 Battalion Blvd Unit 1940218, Grayling, MI 49738
  • /14

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,720 Sq Ft

    4871 Helen Dr, Grayling, MI 49738

    Located in a desirable Grayling neighborhood, this 3BR 2BA tri-level home is situated on a spacious wooded corner lot offering privacy and a beautiful natural setting. With great bones and plenty of potential, this property is ready for your personal updates and vision. Enjoy the peaceful backyard from the large rear deck or relax in the sunroom overlooking the wooded yard, providing a

    Cheryl Sprik Up North Properties

    4871 Helen Dr, Grayling, MI 49738
  • /35

    $139,900

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft

    2894 White Pine Dr, Grayling, MI 49738

    Nestled just minutes from the crystal-clear Manistee River, this updated 2 bed, 2 bath home offers the perfect blend of comfort, efficiency and up north charm. 3 layers of insulation has been added to the exterior of the home, new siding, roof, AC, furnace, drywell, windows and built in cabinets. Whether you're looking for a peaceful retreat, a full-time residence or a short-term rental

    Melissa Steiner The Difference Real Estate

    2894 White Pine Dr, Grayling, MI 49738
  • /13

    $64,900

    • Land
    • 40,510 Sq Ft
    • $69,785 per Acre

    0 N Wakeley Bridge Rd Unit 201828736, Grayling, MI 49738

    A 30 Second Walk To The Au Sable Main Stream! A Building Site with 327 Front-Feet on Wakeley Bridge Road. Current Fence on Heritage Lane Encroaches Portion of Property.

    Lance Weyeneth Headwater Realty, LLC

    0 N Wakeley Bridge Rd Unit 201828736, Grayling, MI 49738
  • /25

    $174,900

    • Land
    • 49.57 Acres
    • $3,528 per Acre

    Parcel B Cherry Creek Trail, Grayling, MI 49738

    This is an awesome tract that has it all. With Carter Creek meandering through the heart of the property and a large beaver pond toward the back this property is a haven for wildlife. Wether you like Deer hunting, predator hunting, trapping or waterfowl hunting you can do it all on this piece. Not to mention there are multiple build spots on the road frontage that would be the perfect place for a

    Jeff Chilman Whitetail Properties Real Estate, LLC

    Parcel B Cherry Creek Trail, Grayling, MI 49738
  • /18

    $198,900

    • 4 Beds
    • 1 Bath
    • 1,008 Sq Ft

    605 Rose St, Grayling, MI 49738

    Opportunity awaits with this four bedroom frame built home that's ready for your personal touch! Enjoy a great sized backyard, detached garage, natural gas, central A/C, and high speed internet. The lower level offers additional space with endless potential to finish just the way you want. Conveniently located close to shopping, schools, restaurants, and everything town has to offer.

    Jamie Kurth smith realty GROUP

    605 Rose St, Grayling, MI 49738
  • /50

    $129,900

    • 3 Beds
    • 2.5 Baths
    • 1,950 Sq Ft

    3812 Farren Ln, Grayling, MI 49738

    Opportunity awaits with this 3-bedroom, 3-bath home situated on 2.98 acres surrounded by large mature hardwood trees. Offering plenty of space both inside and out, this property features a walk-out basement, wrap-around deck, and a layout ready for renovation and updating. Outside, you'll find a spacious 30x48 pole barn with an attached 12x48 storage addition, providing ample room for vehicles,

    Ryan Baker Baker-Kehoe Realty LLC

    3812 Farren Ln, Grayling, MI 49738
  • /15

    $99,900

    • 3 Beds
    • 912 Sq Ft

    561 Pembroke Dr, Grayling, MI 49738

    Estate Property Listed Below Appraised Value. Excellent Starter Home, 3 bdrm, 1 bath, deck, large yard, 2 car detached garage.

    John Schlundt-Bodien Greenridge Realty (Summit)

    561 Pembroke Dr, Grayling, MI 49738
  • /15

    $139,900

    • 2 Beds
    • 1 Bath
    • 576 Sq Ft

    15823 Haag Rd SE, Grayling, MI 49738

    Just a short distance from the beautiful Manistee River, this charming up north cabin is the perfect escape from the everyday! Whether you're looking for a peaceful weekend getaway, hunting camp, Airbnb opportunity, or a smaller place to call home, this property offers that true Northern Michigan feel. Enjoy quiet mornings, evenings around the fire, and easy access to fishing, kayaking, trails,

    Bailey Millikin Re/Max Of Grayling

    15823 Haag Rd SE, Grayling, MI 49738
  • /11

    $174,800

    • Land
    • 2.9 Acres
    • $60,276 per Acre

    Parcel B I-75 Business Loop, Grayling, MI 49738

    Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of

    Mary Becker Heart of Up North Realty, LLC

    Parcel B I-75 Business Loop, Grayling, MI 49738
  • /11

    $12,900

    • Land
    • 0 Sq Ft

    V/L Eagle Point Rd, Grayling, MI 49738

    Great location to build your dream home on! This nice piece of property is on a paved county maintained road really close to Lake Margrethe. Eagle Point dead ends right at the lake so you can take a short walk to enjoy swimming, sunning or take your floaty & hang out! If you are into boating, there's a DNR boat launch within several miles on the west side of the lake. Natural gas & Spectrum

    Mary Becker Heart of Up North Realty, LLC

    V/L Eagle Point Rd, Grayling, MI 49738
  • /75

    $174,900

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 832 Sq Ft

    705 Plum St, Grayling, MI 49738

    NEW PRICE & DOUBLE LOT! Grayling is a wonderful place to call home! Move-in ready property, perfectly situated w/in walking distance of restaurants, breweries, quaint shops, bowling, city park & AuSable River! This home has undergone a complete overhaul, NEW ROOF (w/warranty), FURNACE, ELECTRICAL, HOT WATER TANK, FLOORING, INSULATION, LIGHT FIXTURES, AND ALSO- COMPLETE NEW KITCHEN & BATH! Walking

    Mary Becker Heart of Up North Realty, LLC

    705 Plum St, Grayling, MI 49738
  • /12

    $54,900

    $4K PRICE DROP
    • Land
    • 3 Acres
    • $18,300 per Acre

    444 Interstate 75 Business Loop, Grayling, MI 49738

    This parcel is zoned commercial and recreational forest. It's cleared and ready for a new pole barn or whatever makes sense for your investment. Electric is available and has been ran to the neighboring property. The other side of the easement is acres and acres of Grayling Forest Mgmt property. Seller is willing to build a pole barn for any buyer, if needed.

    Betty Partello River Country Realty

    444 Interstate 75 Business Loop, Grayling, MI 49738
  • /11

    $174,800

    • Land
    • 2.9 Acres
    • $60,276 per Acre

    Parcel C I-75 Business Loop, Grayling, MI 49738

    Grayling is growing! Check out this amazing area just to the north of town with underground electric, natural gas & High-speed Internet on-site! Municipal water will be coming in the near future as well! About 3 acres on this lot, plus 3 other similar lots available- all connected & totaling approximately 12 acres combined! Zoned C-1 General ''Light'' Commercial. There are so many types of

    Mary Becker Heart of Up North Realty, LLC

    Parcel C I-75 Business Loop, Grayling, MI 49738
  • /4

    $199,000

    $51K PRICE DROP
    • Land
    • 4.23 Acres
    • $47,045 per Acre

    1114 Deckrow Trail, Grayling, MI 49738

    Brian Klingel Coldwell Banker Woodland Schmidt Grand Haven

    1114 Deckrow Trail, Grayling, MI 49738
  • /17

    $75,000

    $15K PRICE DROP
    • Land
    • 40 Acres
    • $1,875 per Acre

    0 Vl Gun Club Rd, Grayling, MI 49738

    Priced under appraised value! Escape the ordinary with this expansive 40-acre wooded retreat, just a stone's throw from Kneff Lake. Blanketed by mature timber, this parcel is a haven for wildlife and outdoor enthusiasts alike, making it ideal for hunting, hiking, or simply owning your own piece of wilderness. Parcel is currently landlocked, so terms are cash only at this time. Reach out for more

    Heather Huber Keller Williams GR East

    0 Vl Gun Club Rd, Grayling, MI 49738
  • /34

    $184,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    2410 N Manistee River Rd, Grayling, MI 49738

    **Price Improvement** Up north retreat located in close proximity to the Manistee River and thousands of acres of State Land! Detached 2 car 24x28 garage has a pull through design for easy storage. This 2 bedroom Chalet has knotty pine, tongue and groove throughout giving it that rustic charm for a home up north. Home being sold furnished including the hot tub! Large utility room could be used as

    Chet Wheeler Re/Max Of Grayling

    2410 N Manistee River Rd, Grayling, MI 49738
  • /7

    $15,900

    • Land
    • 22,651 Sq Ft
    • $30,577 per Acre

    Lot 31 Helen Dr, Grayling, MI 49738

    Beautiful wooded building site close to town on quiet street. Natural Gas available, Electric at the Rd, Cable available, and paved road. Beautiful 125 x 180 lot! Close to hospital and amenities. Seller is a licensed Real Estate Broker in the State of Michigan. Lic# 6502378729. Land Contract terms available to qualified buyers. $15,900. PURCHASE PRICE $4,000. DOWN PAYMENT 6% INTEREST $230.00 A

    Charlene Scheer Premier Waterfront Realty

    Lot 31 Helen Dr, Grayling, MI 49738
  • /9

    $21,000

    $4K PRICE DROP
    • Land
    • 2.18 Acres
    • $9,633 per Acre

    7860 S Grayling Rd, Grayling, MI 49738

    2.18 Acres of partially cleared land on a corner lot. Just south of Grayling near Kirtland College. Survey done in 2025. No HOA, electricity hook-up available.

    Charles Campbell ListWithFreedom.com

    7860 S Grayling Rd, Grayling, MI 49738
  • /47

    $189,900

    $7K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft

    107 Vilas St, Grayling, MI 49738

    Perfect first home for a small family. Modern updates creates a cute a cozy feel. Two bedroom, office area and one bath. Fenced back yard is perfect for the pets. Covered front porch is great for summer and is shaded by a couple of lilac trees. Great area which is located close to everything Grayling has to offer.

    Betty Partello River Country Realty

    107 Vilas St, Grayling, MI 49738

Home Price Trends

Median Sale Price
$174,200
Median Single Family Sale Price
$189,900
Median 2 Bedroom Sale Price
$132,000
Median 1 Bedroom Sale Price
$475,000
Average Price Per Sq Ft
$188
Number of Homes for Sale
29
Last 12 months Home Sales
98
Months of Supply
3.60
Median List Price
$199,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-10%
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