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    Grayling, MI Waterfront Land for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI
    Lakefront Land with Bunkhouse
    $475,000
    321 SF
    Lakefront Land with Bunkhouse

    3500 Borchers Way, Grayling, MI 49738

    3.1-acre build site with 150' frontage on Lake Margrethe.
    • 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
    Updated: May 8
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    Waterfront Residential Land
    $174,900
    3.81 Acres
    Waterfront Residential Land

    Parcel 3 Sumac Trail, Grayling, MI 49738

    High-and-dry river frontage with a private wooded clearing and municipal water available for residential development.
    • 282 ft of high‑and‑dry frontage on the mainstream of the Ausable River
    • Riverfront parcel with a view of the river and a private clearing near the water
    • Wooded acreage with municipal water available
    • Existing variance in place to build a cabin, cottage, or full‑time residence closer to the river
    • Only 5 minutes from downtown Grayling; close to lakes and trails
    Updated: Jun 4
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    Riverfront Residential Land Parcel
    $174,900
    Riverfront Residential Land Parcel

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

    Parcel 3 Sumac Trl, Grayling, MI 49738

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Vacant Land with Private Frontage
    $39,900
    2.20 Acres
    Vacant Land with Private Frontage

    2.2 acres of waterfront land with well in Kalkaska, MI.

    312 Blue Heron Drive, Kalkaska, MI 49646

    View details
    Waterfront Hunting Land
    $32,400
    10.11 Acres
    Waterfront Hunting Land

    10.11-acre wooded parcel with lowlands along Willow Creek, suited for a cabin site and year-round recreation.

    10.11 Acre SE Golden Road, Kalkaska, MI 49646

    View details
    Recreation Waterfront Land Parcel
    $41,000
    Recreation Waterfront Land Parcel

    Vacant lot near Higgins Lake with a survey available and electricity at the road for easier site planning.

    305 Summit, Roscommon, MI 48653

    View details
    Waterfront Land Parcel
    Contact for pricing
    Waterfront Land Parcel

    Spacious waterfront lot near the AuSable River with convenient access to downtown Roscommon.

    38 S Eugene, Roscommon, MI 48653

    View details

    Grayling, MI Waterfront Land Market Trends and Statistics

    Explore 3 waterfront land for sale in Grayling, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 321 square feet of properties for sale, with an estimated market value of $475,000.

    Sale prices for water rights properties in Grayling, MI start at $475,000, averaging $475,000, and reaching up to $475,000 — 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 53
    Commercial land 12
    Hunting land 3
    Waterfront Land 3
    Recreation 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 $475K

    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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