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Lakefront Land with Bunkhouse

3500 Borchers Way Grayling, MI 49738

Claim this Listing
For Sale
$475,000

LAND - Grayling, MI

Property size:
321 SF
Lot size:
3.10 Acres
Price / SF:
$1,479/SF
Added:
May 8, 2026
Days on Market:
68
Last Refresh:
Jul 14 at 2:06 am

Property Features for 3500 Borchers Way

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
040-42-022-03-200-00
Size
321 SF
Lot size
3.10 Acres

Taxes and HOA fees

Tax Description
COMM. AT A PT. ON E LY SHORE OF LAKE MARGRETHE 899.5 FT., SW LY OF INTERSECTION OF N LINE OF LOT 2 & E LY SHORE, TH. S 45 DEG. 20 MIN. E. 856 FT., S 89 DEG. 09 MIN., W 206.6 FT., N 45 DEG. 20 MIN. W 722.6 FT. TO E LY SHORE, NE LY ALONG SHORE 150 FT. TO PO

Utilities

Water source
Well
Water front
1

Listing agent Michael Rosen License #MI6501434574

Listing office smith realty GROUP 1349 S Otsego Ave., Gaylord, MI

Listing date May 8, 2026

MLS# 201839917 Listing URL

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a 3.1-acre build site featuring 150 feet of private frontage on Lake Margrethe. The sandy bottom lake offers clear waters and panoramic views. The site is ready for construction of a new home. A 321 sq ft bunkhouse with one bedroom and one bathroom is also located on the property. The property is located near Hansen Hills Ski & Recreation Area, with access to bicycle trails and the Au Sable River. Cable internet and natural gas are available.

Key Highlights

  • 3.1‑acre build site with 150 feet of private frontage on Lake Margrethe
  • Sandy bottom lake with crystal clear waters and breathtaking panoramic views
  • Build site is expertly laid out, ready for construction

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Real Estate Agency Accounting Firm Gym & Fitness Center Restaurant Bed & Breakfast Bar & Pub Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Waterfront Land - 3.1-acre build site with 150' frontage on Lake Margrethe.
Where is this waterfront land located?
The property is located at 3500 Borchers Way Grayling, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 3.1‑acre build site with **150 feet of private frontage on Lake Margrethe**; **Sandy bottom lake with crystal clear waters and breathtaking panoramic views**; Build site is expertly laid out, ready for construction
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