Grayling, MI Residential Land & Home Lots for Sale

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Updated: Jun 4

Waterfront Residential Land

Parcel 3 Sumac Trail, Grayling, MI 49738

$174,900

3.81 AC lot

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

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Updated: Jun 4

Recreation Land Lot

E N Down River Road lot: 363, Grayling, MI 49738

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0.21 AC lot

Warbler's Hideaway community spans 920 acres, including 400+ acres designated as common property for members
Amenities include a clubhouse, outdoor swimming pool, sledding hill, shooting range, fishing pond, and private campground
Private campground includes 45 units available exclusively to members, their families, and guests
East and West Branches of Big Creek flow through the property; North Branch of the Au Sable River is about 1 mile away
Surrounded by protected Kirtland Warbler habitat

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Golf Course Lot in Site Condominium

7 Fairway Court, Grayling, MI 49738

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0.69 AC lot

Residential building lot backing to The Patriot Golf Course within a Site Condominium setting in northern Michigan.

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Residential Golf Course Lot

Grayling, MI 49738

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0.69 AC lot

Buildable lot along the Patriot Golf Course, with Lot 6 also available for additional space.

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Golf Course Residential Lot

6 Fairway Court, Grayling, MI 49738

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1.26 AC lot

Build-ready lot on The Patriot Golf Course, with Site Condominium zoning and access to northern Michigan recreation.

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Lakefront Land with Bunkhouse

3500 Borchers Way, Grayling, MI 49738

$475,000

3.10 AC lot

3.1-acre build site with 150' frontage on Lake Margrethe.

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Wooded Lot Near Grayling Amenities

Helen Drive lot: 31, Grayling, MI 49738

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0.52 AC lot

Beautiful wooded 0.52 acre building site close to town.

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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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Wooded Building Site in Grayling

Helen Drive lot: 31, Grayling, MI 49738

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0.52 AC lot

Wooded lot near town with utilities and paved road.

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Residential Lots in Northwood Estates

Northwood Drive lot: 13, Grayling, MI 49738

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0.49 AC lot

Residential lots with utilities in Grayling, near schools and amenities.

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Residential Lot with Utilities

Lot 37 Northwood, Grayling, MI 49738

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0.50 AC lot

Residential lots in Northwood Estates offer underground electric and high-speed internet, with natural gas already installed.

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Residential Lots in Northwood Estates

Northwood Drive lot: 11, Grayling, MI 49738

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0.46 AC lot

Residential lots with utilities near schools and shopping.

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Residential Lots in Northwood Estates

Northwood Drive lot: 5, Grayling, MI 49738

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0.50 AC lot

Available lots with utilities in Grayling, Michigan.

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Residential Development Lot

Lot 10 Northwood, Grayling, MI 49738

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0.50 AC lot

Build-ready half-acre lot in Northwood Estates with underground utilities already installed.

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Residential Lots in Grayling Township

Northwood Drive lot: 4, Grayling, MI 49738

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0.50 AC lot

Available lots with utilities in Northwood Estates, Grayling, MI.

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Residential Lots in Northwood Estates

Northwood Drive lot: 8, Grayling, MI 49738

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0.50 AC lot

Residential lots with utilities in Grayling, near schools and trails.

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Residential Lot in Northwood Estates

Lot 26 Northwood, Grayling, MI 49738

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0.50 AC lot

Residential lot with mature trees, underground utilities installed, and room for a new home build.

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Residential Lots in Grayling Township

Northwood Drive lot: 10, Grayling, MI 49738

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0.50 AC lot

Residential lots with utilities near schools and shopping.

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Residential Lot in Planned Subdivision

Lot 15 Northwood, Grayling, MI 49738

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0.50 AC lot

Vacant residential lots available in Northwood Estates with underground utilities and mature trees.

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Residential Lots in Northwood Estates

Northwood Drive lot: 39, Grayling, MI 49738

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0.50 AC lot

Available residential lots with underground utilities near Grayling, Michigan.

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Residential Development Lot

Lot 16 Northwood, Grayling, MI 49738

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0.50 AC lot

A half-acre residential lot in Northwood Estates with underground gas, electric, and high-speed internet already installed.

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Residential Lots in Northwood Estates

Northwood Drive lot: 6, Grayling, MI 49738

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0.50 AC lot

Residential lots with underground utilities near schools and amenities.

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Residential Land Lot With Utilities

Lot 31 Northwood, Grayling, MI 49738

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0.50 AC lot

Build-ready half-acre lot with underground natural gas, electric, and high-speed internet already installed.

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Residential Lots in Grayling Township

Northwood Drive lot: 7, Grayling, MI 49738

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0.46 AC lot

Residential lots with utilities near schools and amenities.

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Grayling, MI Residential Land & Home Lots Market Trends and Statistics

Explore 70 residential land & home lots for sale in Grayling, MI, showcased through 70 active listings on our real estate platform. These investment opportunities span a total of 3,049,636 square feet of properties for sale, with an estimated market value of $1,354,600.

Sale prices for home sites in Grayling, MI start at $39,900, averaging $169,325, 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

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	$7.5K

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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