$519,000
$30K PRICE DROP

000 Ray Ave Grayling Township, MI 49738

Estimated payment $3,287/month

Total Views 12,066
0 Acre
-- Price per Acre
0 Sq Ft Lot

Highlights

  • Lake Front
  • No HOA
  • Level Lot

About This Lot

Enjoy both sunrise and sunset from this fabulous building site on the tip of Eagle Point of Beautiful Lake Margrethe. 180 ft of lake frontage. Served by a paved, county road with Natural Gas and High speed internet available. It's all just 4 miles from Downtown Grayling. Lake Margrethe is a 1940 acre all sports lake with 40% of the shoreline unoccupied state land. A single public boat launch also helps reduce lake traffic.

Listing Agent

Curt Jansen

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6501340092 Listed on: 12/22/2025

Century 21 Realty North Grayling

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 180x149x75x50x125x28x115
  • Lake Front
  • Level Lot

Community Details

  • No Home Owners Association
  • Portage Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040-45-763-08-015-50
  • Tax Block Blk 8

Property Details

Property Type

Land

Listing Details

  • Directions: M-72 West to S on Eagle Point Rd. to intersection of Ray Ave.
  • Lot Size: 180x149x75x50x125x28x115
  • Prop. Type: Land
  • Attribution Contact: (989) 348-5474
  • PropertySubType: Vacant Waterfront
  • Road Frontage Type: Lake
  • ResoLotFeatures: Cable Available, Nat Gas Available
  • Road Surface Type: Paved, Maintained
  • Water Body Name: Lake Margrethe
  • Co List Office Phone: 989-348-5474
  • MLS Status: Active
  • Subdivision Name: Portage Lake Park
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • Disclosures: Survey

Utilities

  • Sewer: No Septic
  • Water Source: None

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Junior High Dist: Crawford Ausable

Lot Info

  • Wooded Area: 70.0
  • Parcel Number: 040-45-763-08-015-50

Tax Info

  • Tax Block: Blk 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2025 12/22/25 Price Changed $519,000 0.0% --
12/22/2025 12/22/25 For Sale $519,000 -5.5% --
11/01/2025 11/01/25 Off Market $549,000 -- --
05/01/2025 05/01/25 For Sale $549,000 -- --
Source: Water Wonderland Board of REALTORS®

Source: Water Wonderland Board of REALTORS®

MLS Number: 201834316

Water Wonderland Board of REALTORS®
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