$750,000
SOLD NOV 3, 2025

5589 Pershing Place Grayling, MI 49738

4 Beds
2 Baths
1,176 Sq Ft
4.75 Acres

Recently Sold

$638 Per Sq Ft

6% Below List Price

134 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • RV or Boat Parking
  • Deeded Waterfront Access Rights
  • Guest House
  • 4.75 Acre Lot

About This Home

As of November 2025

Nestled amidst the serene nature of the AuSable River lies another remarkable Royal Stag property spanning 4.75 acres of beauty. The property features a charming cabin, offering a blend of coziness and spaciousness that complements the surrounding landscape. The first cabin, with 4 bedrooms and 2 bathrooms, provides ample room for family gatherings or peaceful escapes. Its warm interior and thoughtful layout create a cozy atmosphere, perfect for unwinding after a day of exploring the outdoors or spending time with family. A highlight of this property is its 367 feet of private frontage along the AuSable River, renowned for its exceptional fishing opportunities. In addition to the cabin, this property offers a modern touch designed for family enjoyment: a dedicated game room. The 2 car garage has been transformed into an amazing game room for endless fun with friends and family but can easily be changed back to a garage. Imagine the endless fun and lifetime of memories that can be made at this unique property!

Last Agent to Sell the Property

Molly Buttleman

@properties Christie's Int'l License #6501374903 Listed on: 04/24/2025

Last Buyer's Agent

Ken Ames

KIDD & LEAVY REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 4.75 Acre Lot
  • Lot Dimensions are 600x1500
  • Private Waterfront
  • 367 Feet of Waterfront
  • Landscaped
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water
  • Countryside Views
  • Seasonal

Home Design

  • Cottage
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Bay Window
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Gravel Driveway
  • RV or Boat Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Private Dock
  • Deck
  • Shed
  • Outdoor Grill

Additional Homes

  • Guest House

Schools

  • Ausable Primary Elementary School
  • Grayling Middle School
  • Grayling High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Satellite Dish
  • Cable TV Available

Community Details

  • Pine Bend Cabin Community

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Cottage
  • Estimated Year Built: 1948
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1948
  • Year Renovated: 2004

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Skylights, Cathedral Ceilings, Built-In Bookcase, Bay Window(s), Foyer Entrance
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14x12, On Level: Main Floor
  • Bedroom 2: Dimensions: 17x17, On Level: Upper Floor
  • Bedroom 3: Dimensions: 12x12, On Level: Upper Floor
  • Bedroom 4: Dimensions: 12x12, On Level: Upper Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10x16, On Level: Main Floor
  • Kitchen: Dimensions: 16x12, On Level: Main Floor
  • Living Room: Dimensions: 31x34, On Level: Main Floor
  • Range: R 2W
  • Total Finished Sf Apx: 1176

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Guest House
  • Body Of Water: AuSable River
  • Exterior Features: Sprinkler System, Deck, Countryside View, Seasonal View, Landscaped, Built-in Grill, RV Parking
  • Exterior Finish: Wood
  • Foundation: Michigan Basement, Crawl Space
  • Number Of Acres: 4.75
  • Road: Public Maintained, Gravel
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), River, Water View, Private Dock
  • Waterfront Frontage: 367

Garage/Parking

  • Driveway: Gravel, Private
  • Garage Capacity: 3
  • Primary Garage: Detached, Heated

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV, Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Pine Bend Cabin

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 600x1500
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • Elementary School: Ausable Primary School
  • HighSchool: Grayling High School
  • School District: Crawford Ausable School District
  • Middle School: Grayling Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 1998
Sold by
Groen Louis M
Bought by
Groen Paul

Purchase Details

Closed on
May 22, 1998
Sold by
Groen Louis M
Bought by
Groen Paul G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Sold $750,000 -6.1% $638 / Sq Ft
09/03/2025 09/03/25 For Sale $799,000 +6.5% $679 / Sq Ft
08/10/2025 08/10/25 Off Market $750,000 -- --
06/18/2025 06/18/25 Price Changed $799,000 -3.7% $679 / Sq Ft
04/24/2025 04/24/25 For Sale $830,000 -- $706 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $0 $0 $0 $0
2024 -- $0 $0 $0
2023 $5,224 $0 $0 $0
2022 $4,017 $159,500 $59,600 $99,900
2021 $4,929 $148,400 $59,600 $88,800
2020 $4,863 $136,500 $59,600 $76,900
2019 $4,758 $130,600 $59,600 $71,000
2018 $4,671 $125,300 $59,600 $65,700
2017 $3,848 $136,500 $59,600 $76,900
2016 $3,814 $103,100 $103,100 $0
2015 $4,492 $103,100 $0 $0
2014 -- $109,300 $0 $0
2013 -- $106,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1932851

Northern Great Lakes REALTORS® MLS

APN: 040-40-013-02-011-00