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    Grayling, MI
    Waterfront

    Grayling, MI Waterfront Land for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI Marquette, MI Fife Lake, MI Gaylord, MI Mancelona, MI Saint Helen, MI
    9 properties
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    Lakefront Land with Bunkhouse
    Updated: May 8
    Lakefront Land with Bunkhouse

    3500 Borchers Way, Grayling, MI 49738

    $475,000
    3.10 AC lot
    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
    Charming 1‑bed, 1‑bath, 321 sq ft bunkhouse for guests or retreat
    Located near Hansen Hills Ski & Recreation Area, bicycle trails, and Au Sable River
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    Hunting Land with Creek
    Updated: Jun 23
    Hunting Land with Creek

    Parcel B Cherry Creek Trail, Grayling, MI 49738

    $165,000
    49.57 AC lot
    49.57 acres of hunting and recreational land
    Carter Creek crosses the property, with a large beaver pond toward the rear
    Supports deer, predator, trapping, and waterfowl hunting
    Multiple potential building areas along the road frontage
    State land borders the north and east sides
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    Riverside Cabin Resort
    Riverside Cabin Resort

    5973 W M-72 Highway, Grayling, MI 49738

    $850,000
    16.00 AC lot

    Year-round lodging operation with furnished cabins, event facilities, river frontage, and on-site caretaker housing.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial
    Commercial

    Parcel 1 Parcel 1 Thundermug Road, Grayling, MI 49738

    $595,000

    Waterfront Land

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    Waterfront Land With Canal Access
    Waterfront Land With Canal Access

    12.55 Acres Juniper Way, Grayling, MI 49738

    $65,900
    12.55 AC lot

    Wooded acreage includes a cleared area, driveway, adjacent electricity, and an existing septic system sold as-is.

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    Vacant Lot/Land, Grayling, MI
    Vacant Lot/Land, Grayling, MI

    207 Alger Court, Grayling, MI 49738

    $55,000
    0.30 AC lot

    Land · 0.30 Acres

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    Riverfront Recreation Land
    Riverfront Recreation Land

    Parcel 1 Parcel 1 Sawmill Trail, Grayling, MI 49738

    $335,000

    Wooded, dry riverfront land with an elevated ridge and C3 zoning for private cabins and home-office use.

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    Riverfront Residential Land Parcel
    Riverfront Residential Land Parcel

    Parcel 3 Sumac Trl, Grayling, MI 49738

    $174,900

    Wooded riverfront acreage with frontage on the Ausable River and municipal water availability.

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    Land
    Land

    3028 Palmer Place, Grayling, MI 49738

    $60,000

    Waterfront Land

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Grayling, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Land With Lake Access
    Waterfront Land With Lake Access

    5576 Seneca Trail, Gaylord, MI 49735

    $129,900
    3.17 AC lot

    RR-zoned waterfront acreage includes a driveway, shed, pavilion, firepit, cleared space, and wooded areas.

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    Waterfront Land with Lake Frontage
    Waterfront Land with Lake Frontage

    W Twin Bayshore lot: 6 & 7, Lewiston, MI 49756

    $150,000
    0.80 AC lot

    Two vacant lots offer combined West Twin Lake frontage for building a custom lakeside home or retreat.

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    Heart Lake Waterfront Building Lot
    Heart Lake Waterfront Building Lot

    1253 North Heart Lake Drive, Gaylord, MI 49735

    $104,900
    1.01 AC lot

    1.01-acre lot with 120' frontage on Heart Lake.

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    Lewiston Land Near Garland Resort
    Lewiston Land Near Garland Resort

    17.35 AC Garland Boulevard, Lewiston, MI 49756

    $200,000
    17.35 AC lot

    Land for sale near Garland Resort in Lewiston, Michigan.

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    Grayling, MI Waterfront Land Market Trends and Statistics

    Explore 9 waterfront land for sale in Grayling, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 3,551,011 square feet of properties for sale, with an estimated market value of $2,775,800.

    Sale prices for water rights properties in Grayling, MI start at $55,000, averaging $308,422, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 59
    Commercial land 13
    Waterfront Land 8
    Recreation land 5
    Hunting land 3

    Demographics Overview

    Population 9,599
    Population Growth (5Y) +0.0%
    Median Household Income $57,573
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

    Identify Grayling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49738 $284.3K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $79.70 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crawford County

    New Delisted

    Total CRE Inventory on Market (SF)

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