Grayling Homes under $500,000

Grayling Homes under $500,000

Welcome to Grayling, Michigan – a charming city nestled in the heart of northern Michigan, where the beauty of nature meets a vibrant community. Known for its stunning landscapes, Grayling is a haven for outdoor enthusiasts, offering a plethora of recreational activities year-round. From the crystal-clear waters of the Au Sable River, perfect for fishing and kayaking, to the expansive trails for hiking and snowmobiling, there’s no shortage of adventure in this picturesque locale.

Grayling is not just a destination for nature lovers; it boasts a rich history and a welcoming atmosphere. The downtown area features quaint shops, delightful eateries, and community events that bring residents together, fostering a small-town charm that makes everyone feel at home.

For those looking to settle down in this idyllic setting, Grayling offers a variety of homes under $500,000, making it an attractive option for families, retirees, and first-time buyers alike. Whether you’re seeking a cozy cottage surrounded by nature or a spacious family home with modern amenities, Grayling has something for everyone. The real estate market here is diverse, with properties that cater to different lifestyles and budgets, ensuring that you can find the perfect place to call home without breaking the bank.

Embrace the tranquility of Grayling and discover the perfect blend of community, nature, and affordability. With homes available under $500,000, your dream of living in this enchanting city can become a reality. Come explore Grayling – where every day feels like a vacation!

Newest Grayling Homes under $500,000

933 Wendy Lane, Grayling
$419,000
4 Beds ⋅ 2 Baths ⋅ 61035420 MLS
Paradise found! Retreat to your peaceful and private 150' of frontage on the Main Branch of the Au Sable River, on 11.38 private acres. This spacious 4-bedroom, 2-bath, cedar-sided home offers 2,236 sq. ft. of living space, a 2-car attached garage, and plenty of room for family, guests, and Northern Michigan recreation. An outdoorsman's dream awaits - whether it be fishing, kayaking, hiking, or hunting - the area is teeming with wildlife including deer, turkey, grouse, and even black bear. When not out exploring you can relax by your private riverside dock, entertain on one of the decks, or snuggle up to one of the 2 fireplaces on those chillier nights. State land lies just on the other side of the river, offering the utmost in privacy and endless possibilities for outdoor enjoyment. Whether you're looking for a year-round residence, vacation retreat, or recreational getaway, this property has it all! This home is being sold furnished (DR table/chairs excluded), and also includes a riding mower, generator (panel ready), kayaks(2), and Blackstone grill. Starlink internet with fiberoptic connection provided by Truestream/Great Lakes Energy.

933 Wendy Lane, Grayling
586 S Headquarters Road, Grayling
$200,000
2 Beds ⋅ 2 Baths ⋅ 50222406 MLS
Set on approximately 10.01 acres, this Grayling property offers substantial outdoor space along with multiple outbuildings for storage, equipment, projects, or recreational use. The property includes a 2-bedroom mobile home, two approximately 64 sq ft storage sheds, a 16 x 22 detached garage, and two pole barns. The first pole barn is approximately 768 sq ft with an 8-foot ceiling, while the larger pole barn offers approximately 1,200 sq ft with a 14-foot ceiling- providing plenty of room for larger equipment, vehicles, trailers, or additional storage. With approximately 10.01 acres and multiple outbuildings already in place, the property offers ample space for storage, equipment and a variety of uses. There are two septic tanks and two wells. One septic is by the trailer, the other is by the large pole barn. One well is by the trailer and the other is by the large pole barn as well. Separate electric is in the pole barn, and there's a gas line to the trailer and large pole barn. All measurements and square footage are approximate. Be sure to put this one on your short list!

586 S Headquarters Road, Grayling
11706 Crapo Lake Road, Grayling
$246,000
3 Beds ⋅ 2 Baths ⋅ 50222385 MLS
Taken down to the studs and completely remodeled in 2022! This 3-bedroom, 2-bath home offers 1,944 square feet of living space on 1.38 acres in the Grayling area. The extensive renovation included a new roof, electrical, plumbing, furnace, water heater, insulation, drywall, windows, doors, siding, flooring, kitchen, cabinetry, countertops, appliances, bathrooms and more. The result is a home that combines an established Northern Michigan setting with the advantages of a comprehensive renovation. The spacious floor plan includes a large primary suite with his and hers walk-in closets and full bath. The privacy fenced backyard provides plenty of outdoor space for kids and pets. You'll love the beautiful lilacs in the spring and appreciate the spacious laundry area and attached garage. Located across from state land and near the North Branch of the AuSable River and Shupac Lake, the property is well positioned for enjoying the recreation Northern Michigan is known for. Fishing, hunting, boating and miles of public land are all within reach of this beautiful home. Whether you’re looking for a year-round residence or an Up North getaway, you will love this completely renovated home with convenient access to some of the areas best outdoor amenities. The hard work has already been done. Schedule your personal showing today and see the transformation!

11706 Crapo Lake Road, Grayling
301 Madsen Street, Grayling
$149,900
2 Beds ⋅ 1 Baths ⋅ 80073467 MLS
Move-In Ready! This lovely 2-bedroom, 1-bath home on a corner lot close to Downtown Grayling and Hospital has been recently remodeled and waiting for new owners to enjoy. Beautifully updated living space, this is the picture of your new cozy home and easily within walking distant to town, school, and the famous AuSable River. Lots of storage inside and a back yard garden shed for all the toys! For added convenience, this home also has a ramp at the front entrance. All appliances included, so ready for you to just move right in. Easy lockbox showings and priced right

301 Madsen Street, Grayling
4871 Helen Drive, Grayling
$195,000
3 Beds ⋅ 2 Baths ⋅ 61024671 MLS
Charming partial-fixer 3-bed, 2-bath tri-level on a wooded 0.74-acre corner lot in East Branch Estates, offering the peaceful Up North feel buyers love. With 1,720 finished sq. ft., the home includes 1,160 sq. ft. above grade featuring a bright main-floor living area and comfortable upper-level bedrooms. The walkout lower level is currently undergoing remediation and restoration during the listing period, improving utility and overall livability while still allowing room for future customization. This level adds 560 sq. ft. of cozy living space with a wood-burning fireplace, a second full bath, and direct backyard access. Highlights include 2024 roof, 2022 windows, a leased rooftop solar panel system providing supplemental renewable energy to the home offsetting traditional electric grid costs, plus an oversized storage shed with an insulated, propane heated workshop. Enjoy rural tranquility with no HOA, private well and septic, and a paved county-maintained road just minutes from Crawford AuSable schools and the Au Sable River.

4871 Helen Drive, Grayling
1358 Crawford Avenue, Grayling
$319,000
3 Beds ⋅ 2 Baths ⋅ 61020087 MLS
Take a look at this fabulous 1,500-square-foot home located in the coveted Harbor Beach Association! Situated on an exceptional lot with direct canal access and a boat slip, this 3-bedroom, 2-full-bath home offers the perfect Northern Michigan lifestyle. Step inside to a spacious living room featuring a cozy wood-burning fireplace and plenty of room to gather. The galley-style kitchen offers an efficient layout with beautiful hardwood floors, while the first-floor full bath features a relaxing soaking tub. A 2.5-car garage provides plenty of space for entertaining or your vehicles, lake toys and all of your Up North gear. The outdoor space is just as inviting. Step onto the deck, take in the peaceful surroundings, and enjoy having your boat just steps away. Harbor Beach Association amenities include access to the park, beach and swim dock, adding even more ways to enjoy those beautiful Northern Michigan summers. Even better--this home is being offered FULLY FURNISHED and includes some fantastic Up North extras, including a RIDING LAWN MOWER and PONTOON! Just bring your personal belongings and start enjoying everything this property has to offer. Ask for the complete list of furnishings, equipment and other items included with the sale. This perfect location gives you the best outdoor recreation with Lake Margrethe, the Au Sable and Manistee Rivers and miles of trails within a short distance. Whether you're looking for a year-round home or the perfect Up North getaway, this one is ready to be enjoyed!

1358 Crawford Avenue, Grayling
9402 Battalion Boulevard, Grayling
$400,000
3 Beds ⋅ 1 Baths ⋅ 80071547 MLS
Dreaming of Up North living with room for all your toys, hobbies, and adventures? This incredible property has it all! 3 Bedrooms | 1 Bathroom Just one block from beautiful Lake Margrethe. Situated on 2.38 private acres, with attached 2-car garage. Calling all mechanics, car enthusiasts, and entrepreneurs… 30’ x 40’ fully equipped mechanic’s garage complete with an automotive hoist that stays with the property! Additional 30’ x 40’ pole building offering endless storage for boats, RVs, snowmobiles, ATVs, or your next big project. Located in the heart of Grayling, home to the world-famous Au Sable River Canoe Marathon, you’ll enjoy year-round recreation including boating, fishing, paddling, golfing, ORV trails, hunting, skiing, and everything Northern Michigan has to offer. Whether you’re searching for your forever home, an Up North getaway, or a property with the perfect workshop, this one checks all the boxes! Don’t wait—properties with this much garage space, acreage, and proximity to Lake Margrethe don’t come along often.

9402 Battalion Boulevard, Grayling
2323 Hummingbird Lane, Grayling
$329,900
2 Beds ⋅ 1 Baths ⋅ 80071538 MLS
Escape to your own private Up North sanctuary. Nestled on 10-acres this 768 sq ft 2bd/1ba offers the ultimate footprint for a secluded getaway, a hunting camp or a custom-built site. Enjoy unparallel peace and privacy with plenty of room to expand, store your recreational gear, and explore the outdoors. Located just minutes from downtown Grayling's shopping dining and world class trout fishing on the Ausable River. Bring your vision and make this expansive property your personal retreat.

2323 Hummingbird Lane, Grayling
6322 Atkinson Road, Grayling
$280,000
4 Beds ⋅ 2 Baths ⋅ 70546262 MLS
Welcome home to this beautifully maintained 4-bedroom, 2-bathroom home offering 1,650 square feet of comfortable living space on a spacious 0.48-acre lot. Inside, you'll find an inviting layout featuring original hardwood floors, a stunning quartz kitchen island, and a spacious primary suite with its own private bath. Stay comfortable year-round with a whole-house attic fan, a wood-burning stove capable of heating the entire home, and a tankless water heater that's only 5 years old, while the roof was replaced just 3 years ago and repaving of the road and city water will be installed within a year, providing added peace of mind. Need extra space for hobbies or storage? The impressive 26' x 17' wood shop offers endless possibilities for woodworking, projects, or additional workspace.

6322 Atkinson Road, Grayling
2048 County Road 612, Grayling
$249,900
4 Beds ⋅ 1 Baths ⋅ 61010167 MLS
Welcome to your own piece of Northern Michigan. Set on 4.51 picturesque acres just minutes north of Grayling, this timeless farmhouse offers the kind of peace, privacy, and possibility that's becoming increasingly difficult to find. Whether you're searching for a full-time residence, a recreational retreat, hobby farm, hunting camp, or short-term rental investment, this remarkable property is ready to become whatever you imagine. The furnished home features four bedrooms, one full bath, and over 1,800 square feet of inviting living space where modern comforts blend seamlessly with country charm. A Kohler standby generator and high-speed internet provide the convenience of today's living while preserving the slower pace that makes Northern Michigan so special. Step outside and discover what truly sets this property apart. A spacious barn with 220-volt electrical service offers endless flexibility for equipment, workshops, recreational vehicles, or future projects. Beyond it, two expansive fenced gardens rest on exceptionally rich soil that has been carefully cultivated over generations as part of a former dairy farm. Whether your vision includes farm-to-table living, vibrant sunflower fields, or simply the satisfaction of harvesting from your own land, the groundwork has already been laid. Adventure begins right outside your door. Just minutes from thousands of acres of state land, the Au Sable River, Hartwick Pines State Park, snowmobile and ORV trails, and countless lakes, every season offers a new reason to explore. Hunt, fish, kayak, hike, golf, or simply slow down and reconnect with nature. Grayling and Gaylord are both within easy reach, while I-75 keeps weekend escapes and everyday conveniences close at hand. This is more than a place to live. It's where mornings begin with coffee on the porch, afternoons are spent tending the garden or wandering the woods, and evenings end beneath star-filled skies around a crackling fire. It's the kind of property where children can roam, traditions take root, and every s

2048 County Road 612, Grayling
3144 S Wakeley Bridge Road, Grayling
$199,043
2 Beds ⋅ 1 Baths ⋅ 80068660 MLS
The main house includes a charming second cabin featuring 1 bedroom, a kitchenette, bath, and combined dining and living areas—perfect for guests or family. Enjoy the many outdoor opportunities with state hunting land located across the street. Just a short distance from Wakeley Lake and the Au Sable River, this property offers excellent hiking, wildlife viewing, and canoeing opportunities. The area is a natural habitat for a variety of wildlife, including loons, eagles, and other native species.

3144 S Wakeley Bridge Road, Grayling
2894 White Pine Drive, Grayling
$119,900
2 Beds ⋅ 2 Baths ⋅ 80067406 MLS
Nestled just minutes from the crystal-clear Manistee River, this updated 2 bed, 2 bath home offers the perfect blend of comfort, efficiency and up north charm. 3 layers of insulation has been added to the exterior of the home, new siding, roof, AC, furnace, drywell, windows and built in cabinets. Whether you're looking for a peaceful retreat, a full-time residence or a short-term rental opportunity, this property is ready to impress. Step outside to enjoy the beauty of Northern Michigan, with endless opportunities for fishing, hiking, riding the trails or enjoying the nearby lakes. Move-in ready and priced to sell. Property is part of a larger parcel and will be separated by the township.

2894 White Pine Drive, Grayling
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