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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 Houghton Lake, MI
    6 properties
    Lakefront Land with Bunkhouse
    Updated: May 8
    Lakefront Land with Bunkhouse

    3500 Borchers Way, Grayling, MI 49738

    $475,000
    321 sqft 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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    Vacant Waterfront Lakefront Lot
    Updated: Jul 20
    Vacant Waterfront Lakefront Lot

    Shupac Lake Road lot: 3, Grayling, MI 49738

    $179,000
    Vacant lakefront lot on Shupac Lake in Lovells Township
    150 feet of frontage by 339 feet deep
    Residential zoning
    Described as all high and dry
    Westerly view over the lake
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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

    Waterfront land with direct canal navigation access, a cleared area, and electricity adjacent to the property on Juniper Way.

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

    5903 E Co Rd 612, Grayling, MI 49738

    Contact for pricing
    25.00 AC lot

    New construction home on 25 acres with AuSable River to the east and state land abutted to the south.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    Recreational Waterfront Land
    Recreational Waterfront Land

    5576 Seneca Trail, Gaylord, MI 49735

    $129,900
    3.17 AC lot

    Waterfront recreation land with existing driveway, shed, and lakeside firepit and pavilion on an all-sport lake.

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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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    Waterfront Building Lot
    Waterfront Building Lot

    Lot 10 Co Rd 612, Lewiston, MI 49756

    Contact for pricing

    Elevated lot with 100+ feet of sandy lakefront on all-sports West Twin Lake.

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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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    Grayling, MI Waterfront Land Market Trends and Statistics

    Explore 6 waterfront land for sale in Grayling, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,770,714 square feet of properties for sale, with an estimated market value of $1,229,800.

    Sale prices for water rights properties in Grayling, MI start at $65,900, averaging $245,960, 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 64
    Commercial land 12
    Recreation land 10
    Waterfront Land 6
    Hunting land 5

    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 $223.7K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Crawford County

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