7208 Key Phyve Trail Grayling, MI 49738
Estimated payment $3,078/month
Highlights
- 209 Feet of Waterfront
- Second Garage
- Cathedral Ceiling
- Docks
- Deck
- Wood Flooring
About This Home
Discover your perfect retreat in this stunning 2-bedroom, 2-bathroom home that offers 2,751 square feet of spacious living on 2.6 acres adorned with mixed trees and a lakefront view. This property has been thoughtfully remodeled and expanded since 1997, providing a modern haven on scenic KP Lake offering 209 feet of frontage. With over 200-acres of pristine water, reaching depths of 20 to 25 feet, the lake regularly has fish restored by the Department of Natural Resources (DNR), ensuring endless fishing opportunities. Plus, with only electric motors allowed, the lake remains serene and clean. For your convenience, a dock with power and a paddleboard are included, along with a reliable whole-house standby Generac generator. Embrace the rich wildlife surrounding you, including deer, elk, bears, fox, majestic eagles, and loons that call on the lake. This home boasts a cozy gas stone fireplace, hearth, elegant oak flooring, a quaint office with a built-in desk, a two-car garage, and a spacious pole barn, all finished with recent metal roofing. Feel secure with the installed security alarm and cameras. Enter home with stunning window views, soaring vaulted ceilings, and walk-out decks. Indulge in the master suite, featuring a large, relaxing, windowed sunroom overlooking the lake, and a jacuzzi tub, while the main bathroom impresses with undermount double basin Corian sinks on soft close vanity cabinetry and a walk-in shower surround complete with teak seat. The kitchen is a chef's dream with Jenn-Air touch glass cook top, Jenn-Air double ovens, Corian countertops and an undermount double basin Corian sink, spacious custom built-in Kraft Maid cabinetry. An additional finished rec area and sleeping area for guests is on the lower floor, which includes a deck and steps leading down to the lake. No showings until July 15.
Listing Agent
Harbor Sotheby's International Rlty - Harbor Sprgs Listed on: 06/18/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- 2.61 Acre Lot
- 209 Feet of Waterfront
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,751 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Family Room Downstairs
- Living Room
- Dining Room
- Lower Floor Utility Room
- Wood Flooring
- Water Views
- Home Security System
Kitchen
- Double Oven
- Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Detached Garage
- Second Garage
- Driveway
Outdoor Features
- Docks
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Well
- Electric Water Heater
- Septic System
Listing and Financial Details
- Assessor Parcel Number 010-13-028-03-120-00
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,434 | $202,500 | $21,100 | $181,400 |
| 2025 | $2,140 | $181,000 | $21,100 | $159,900 |
| 2024 | $2,092 | $165,600 | $21,100 | $144,500 |
| 2023 | $2,000 | $150,200 | $21,100 | $129,100 |
| 2022 | $1,905 | $121,900 | $21,100 | $100,800 |
| 2021 | $2,976 | $121,100 | $21,100 | $100,000 |
| 2020 | $2,935 | $114,800 | $21,100 | $93,700 |
| 2019 | $2,865 | $106,100 | $21,100 | $85,000 |
| 2018 | $2,840 | $110,500 | $21,100 | $89,400 |
| 2017 | $1,950 | $115,300 | $21,100 | $94,200 |
| 2016 | $1,934 | $100,900 | $21,100 | $79,800 |
| 2015 | -- | $100,900 | $0 | $0 |
| 2014 | -- | $71,700 | $0 | $0 |
| 2013 | -- | $77,300 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2026 06/18/26 | For Sale | $520,000 | -- | $189 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $215,000 | Crawford County Title |
Source: Northern Michigan MLS
MLS Number: 479819
APN: 010-13-028-03-120-00
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